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ROSS Companies News and Articles

2 ROSS Communities Rank in the Top 250 Communities Nationwide

BETHESDA, Md., July 1, 2020 – ROSS Management Services, a leader in multifamily property management in the Mid-Atlantic region, today announced that 2 ROSS communities have placed in the top 250 communities nationwide in the epIQ Index sponsored by SatisFacts and ApartmentRatings. Not only did they make the list, they received an A grading. The…

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3 ROSS Communities Rank in the Top 250 Communities Nationwide

BETHESDA, Md., June 1, 2020 – ROSS Management Services, a leader in multifamily property management in the Mid-Atlantic region, today announced that 2 ROSS communities have placed in the top 250 communities nationwide in the epIQ Index sponsored by SatisFacts and ApartmentRatings. Not only did they make the list, they received an A grading. The…

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2 ROSS Communities Rank in the Top 250 Communities Nationwide

BETHESDA, Md., May 1, 2020 – ROSS Management Services, a leader in multifamily property management in the Mid-Atlantic region, today announced that 2 ROSS communities have placed in the top 250 communities nationwide in the epIQ Index sponsored by SatisFacts and ApartmentRatings. Not only did they make the list, they received an A grading. The…

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The ROSS Companies Facilitates The Acquisition Of A 152-unit Community And Will Also Assume Property Management

Newport News, VA., April 9, 2020 — ROSS Companies, a leader in multifamily acquisition, property management and renovation in the Mid-Atlantic region, today announced it has assisted in the acquisition by Allagash Opportunity Zone CRE Fund I of Woodlands at Oyster Point, a 152-unit community in Newport News, VA with ROSS Management Services as the…

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3 ROSS Communities Rank in the Top 250 Communities Nationwide

BETHESDA, Md., March 30, 2020 – ROSS Management Services, a leader in multifamily property management in the Mid-Atlantic region, today announced that 3 ROSS communities have placed in the top 250 communities nationwide in the epIQ Index sponsored by SatisFacts and ApartmentRatings. Not only did they make the list, they ranked within the top 100…

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ROSS Begins Managing Pohlig Box Factory and Superior Warehouse Apartments in Richmond, Virginia

Richmond, VA., February 19, 2020– ROSS Companies, a leader in multifamily property management, acquisition and renovation in the Mid-Atlantic region, today announced that it has assumed property management of Pohlig Box Factory Apartments, a 98-unit community in Richmond, VA on behalf of an existing ownership partner. The 98-unit apartment community is an adaptive reuse of…

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Ten ROSS Communities Earn SatisFacts’ Resident Satisfaction Award

BETHESDA, Md., February 10, 2020– ROSS Management Services, a leader in multifamily property management in the Mid-Atlantic region, today announced that SatisFacts has named 10 ROSS communities as Award Winners for outstanding resident satisfaction scores in 2019. In order to qualify for the award, the communities had to receive a recommend score of 4.0 or…

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ROSS Creates $423K NOI Growth in the First Year of Management

Takeover Date: June 2016 Project Description: 254 unit mid-rise complex in Anne Arundel County, Maryland Off-market asset, Horizon Square Apartments, purchased from an established Washington DC area real estate family. The property had been managed from inception by a local property management company lacking sophistication, internal systems, and expertise. Within the first year, ROSS implemented…

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ROSS Improves NOI Growth by 86.5% After Property Management Takeover

Takeover Date: June 2017 Project Description: 410 unit garden style apartments in Forestville, Maryland An existing third-party client engaged ROSS to take over management of an under performing asset in their portfolio previously managed by a third-party local property management company lacking sophistication, internal systems, and expertise. Project Results: In our first year of operations,…

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ROSS Increases Effective Rent by 12.87% with Property Management Expertise

Takeover Date: January 2016 Project Description: 1,446 unit garden style apartments in Prince George’s County, Maryland ROSS assumed management of a four-community portfolio with properties on the county’s distressed asset list. The assets were running on negative cash flow and crippled by major deferred maintenance issues. Challenges included hundreds of outstanding violations and a heavy…

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