WELCOME TO A BETTER WORLD

Better World Family of Companies

Apartment Life Cycle Solutions

Live. Manage. Improve. Finance. Invest.

Apartments Done Better.

Creating Goodwill.

 Facilities Served Better.

Big institution capacity. Small entity personal attention. All under one roof.

! MULTIFAMILY UPDATE: CORONAVIRUS COVID-19 CRISIS

Effectively Managing Multifamily in the Coronavirus COVID-19 Crisis

Do you need help with your multifamily properties now?
What To Do If You Are Sick

“Both Donna and I are grateful for Better World’s leadership as you navigate your partners, including us, through the Coronavirus COVID-19 issue. Your communication to our staff has been exceptional.
Thank you for keeping your team and our staff motivated, focused and safe.”

Doug Krume
DK Property Management and Associates

What we are doing that’s working to effectively manage multifamily assets and residents during the Coronavirus COVID-19 crisis and why.

Events like COVID-19 happen but a few times in a career, and no two crises are alike. Depending on how your assets are managed through this process will determine how you come out on the other side when the dust eventually settles. Even those who have been through many crises are often surprised by the next one.

If you need help managing your apartment properties during these uncertain times, need an assessment of your apartment portfolio’s state of crises preparedness, or would like to explore apartment acquisition or disposition opportunities, please reach out.

We are all in this together. Together, we will emerge from this stronger and more resilient. This is an opportunity to create a better world for generations to come.

Senior leadership at Better World Properties LLC combines over 100+ years of apartment management, multifamily financing solutions and apartment operational experience with decades of disaster relief and crisis management experience offering unique insight in managing multifamily properties during uncertain times. Not long ago, the company expertly navigated through the unprecedented devastation of Hurricane Harvey. We are again on the front lines, managing decisively and efficiently, amid the rapidly changing landscape with the COVID-19 pandemic. Rather than fear the unknown, effective leaders prepare for the unknown. This crisis, just like all crises before the Coronavirus COVID-19 pandemic, create opportunities to asses and optimize apartment operations to provide more effective response to an ever-changing landscape. Better World Properties LLC provides jobs for 100+ families and is responsible for the apartment homes for over 3,000 more families. We are all in this this together.

Effectively Managing Multifamily in the Coronavirus COVID-19 Crisis

What we are doing that’s working to effectively manage multifamily assets and residents during the Coronavirus COVID-19 crisis and why.

Events like COVID-19 happen but a few times in a career, and no two crises are alike. Depending on how your assets are managed through this process will determine how you come out on the other side when the dust eventually settles. Even those who have been through many crises are often surprised by the next one.

If you need help managing your apartment properties during these uncertain times, need an assessment of your apartment portfolio’s state of crises preparedness, or would like to explore apartment acquisition or disposition opportunities, please reach out.

We are all in this together. Together, we will emerge from this stronger and more resilient. This is an opportunity to create a better world for generations to come.

Do you need help with your multifamily properties now?
What To Do If You Are Sick

“Both Donna and I are grateful for Better World’s leadership as you navigate your partners, including us, through the Coronavirus COVID-19 issue. Your communication to our staff has been exceptional.
Thank you for keeping your team and our staff motivated, focused and safe.”

Doug Krume
DK Property Management and Associates

Coronavirus_COVID-19 Multifamily What Are We Doing Now_Better World Properties LLC

What We Are Doing

  • We are gathering first-hand information, data and experiences from front-line apartment community staff and residents and sharing this with multifamily industry associations including the National Apartment Association (NAA), Texas Apartment Association (TAA), the Houston Apartment Association (HAA) and other policy makers.
  • We are studying rental property challenges, responses and outcomes from other countries that are further along the curve.
  • We are communicating constantly with stakeholders, colleagues, politicians and regulators.
  • We have engaged internationally recognized crisis management and community development expert, Angela Blanchard, to help further develop a meaningful and responsible response specific to multifamily operations.
COVID-19_10 Guiding Principles for Multifamily_Better World Properties LLC

Better World Properties LLC COVID-19 10 Guiding Principles

We have established and communicated a clear set of 10 guiding principles.

  1. We will be sensitive to the physical, mental and emotional well-being of our residents and team members. This is a stressful time. We will do what we can.
  2. We will stay informed by focusing on official information and will abide by the recommendations of the Centers for Disease Control (CDC) and our local Health Departments. We will listen to experts.
  3. We will be respectful of the isolation and quarantine needs and desires of all – residents and staff alike.
  4. We will communicate regularly and honestly. We will listen to every suggestion and concern and will relay facts as we understand them. We will not speculate, repeat unverified information or guess.
  5. We will act decisively. We encourage the use of common sense and will adjust rules and policies as needed while continuing to treat everyone fairly.
  6. We will responsibly use our position to encourage our communities to strike appropriate balances for hygiene, isolation, socializing and levels of care.
  7. Staff members who believe they may be infected or who are sick must stay home. We will continue paychecks for affected employees for at least two weeks.
  8. We will be sensitive to the child-care needs of residents and staff.
  9. We will be sensitive to the economic needs and realities of others and will do our part to fairly share the burden.
  10. We will remain focused on our responsibilities and the business at hand and will share all we can to help our multifamily industry and the world.

Better World Properties LLC Coronavirus COVID-19 Multifamily Operational Playbook

  • We have developed an operating playbook with specific changes, policies, directives and actions for each property manager to follow. It includes information on everything from air filters (ineffective), amenities (closed, except for laundry facilities), package management (no office drop off), working with local businesses to connect them with residents, exterminating (exterior only, unless a crisis), to how we will deal with quarantined residents with maintenance needs and much more.
  • Specific policy changes, information and instructions have been distributed to residents in English and Spanish – well beyond wash-your-hands and keep-your-distance.

Legendary Apartment Property Management

The 2017 merger of Sumar Property Management into Better World Properties adds legendary apartment management expertise combining over 100+ years of experience.

Learn More

Acquire and Invest With Us

Better World Holdings facilitates deal formation, acquisition strategies, financing solutions, cash infusions, debt restructuring and real estate investment opportunities with a multifamily focus.

Learn More

Multi-Family Process Improvement

Better World Consulting supports apartment management with facilities optimization, process improvement, business development, staff training and custom market analysis.

Learn More

Welcome to a Better World

Apartment Life Cycle Solutions – All Under One Roof

Welcome to the Better World Family of Companies.

Better World Properties, Better World Holdings, Better World Consulting and Sumar Property Management.

We know apartments. Inside out. We provide full service apartment management, apartment process and performance consulting, and multifamily equity and financing solutions. We carefully crafted our business model to address the full life cycle of apartment investment. No more shopping for this service or that service.

We bring complete apartment life cycle solutions together under one roof with apartment property management, multifamily equity, deal formation, creative and custom financing solutions, multifamily investor services, training, staffing, apartment rehabilitation and reposition, multifamily acquisition, uncover hidden value, disposition and multifamily process improvement – all under one roof.

We are focused on Texas.

Why Texas?

The Better World Family of Companies: Better World Properties, Better World Holdings, Better World Consulting and Sumar Property Management are focused on Texas. As residents of the Lone Star state, with headquarters in Houston, the principals of the Better World Family of Companies live, work and play in Texas and know the potential for return on multifamily investment in Texas. With decades of experience in the Texas multifamily industry, the principals of Better World have an unparalleled understanding of the Texas multifamily real estate market and where opportunities abound.

Texas has always been on the prudent multifamily real estate investor’s list. In 2013, Time Magazine wrote an article titled, “The United States of Texas – Why the Lone Star State is America’s Future”.¹ In 2016, Texas was home to five of the 11 fastest-growing cities and five of the eight that added the most people.²

So, why have more Americans moved to Texas than any other state in the United States? A big draw for business, Texas has no state income tax. According to the state of Texas, there are 54 Fortune 500 companies headquartered in Texas and no, not all of them are oil related. The state has diversified from oil over the years and is now home to a myriad of industries. Some of the Texas Fortune 500 companies include Exxon Mobil, Southwest Airlines, iHeartMedia, Dr Pepper Snapple Group, AT&T, Sysco, Kimberly-Clark, Tenet Healthcare, United Services Automobile Association and the list goes on.³

The economy in the state of Texas is one of the largest in the country. As a sovereign country (2014), Texas would be the 12th largest economy in the world by GDP.³ The state has the second largest population in the country after California.4 The estimated population from the 2016 census is 25,146,105 people.5 And, what do all these Texans need? Apartments.

Legendary Apartment Management

Better World Properties provides energetic apartment management and ancillary services with a focus on Texas. 75+ units and up. Class A, Class B and Class C, including senior and student housing. Services include conventional apartment property management in Texas, apartment construction management and lease-up, multifamily accounting and reporting solutions, apartment maintenance solutions, multifamily vendor selection and management, creative apartment marketing solutions apartment rehabilitation and reposition, and apartment disposition. We manage single apartment properties up to multi-million dollar, multi-property apartment portfolios.

The 2017 merger of Sumar Property Management into Better World Properties brings legendary apartment management expertise combining over 100+ years of experience.

Acquire and Invest With Us

Better World Holdings facilitates multifamily deal formation, apartment acquisition strategies, apartment financing solutions, multifamily debt restructuring, real estate entity structuring, apartment bridge loans, and multifamily investment opportunities throughout the state of Texas. Our expertise lies in deploying capital and skill to economically improve return on investment from multifamily real estate assets in Texas.

Multifamily Process Improvement

Better World Consulting is known for implementing efficient operational infrastructure and custom process improvements to assist apartment owners and multifamily investors increase value, lower operating costs and minimize risks.

Michael and his team bring a much needed skillset to the Texas apartment world with a unique eye for combining the macro and micro view on improvement processes resulting in a better world for tenants, multifamily investors to apartment owners. Better World Consulting provides apartment management support, custom apartment market analysis, strategic apartment business development, multifamily process improvement, multifamily staff training and apartment facilities optimization.

Complimentary Consultation