Axiom Services

Axiom Properties, Inc. offers a wide variety of services in forming a comprehensive management or workout and turnaround solution on behalf of owners and investors. Axiom was incorporated in 1966 establishing a record of over 45 years experience in acquiring and managing multi-family properties.  Through this experience we have developed systems to efficiently manage, maintain, re-brand and market these assets. The following is a list of the services Axiom will provide as part of a turn-key solution.

Property Management

Axiom currently manages over 4,800 apartments in the Midwest delivering the following for all properties under management.

• Axiom property managers are fully cognizant of each property’s plan.  Our managers help develop and customize a management plan for each property to maximize the owner’s goals and objectives.  Managers take full responsibility and accountability of the plan.
• Axiom property managers, on site leasing staffs and maintenance staffs are continually trained and licensed for the role they assume.  Monthly continuing education is provided through Grace Hill for the entire site staff.
• Axiom maintains a focus on resident retention and has enjoyed success in upgrading the tenant base while controlling turnover and marketing expenses. 
• Axiom has developed and continually utilizes proven lease up techniques to outperform the market in strong or turbulent market conditions.  Most Axiom communities utilize Call Source to record and track marketing performance.
• Axiom consistently delivers a delinquency rate far below the marketplace, enabling property under management to enjoy a higher rate of return for the owners.
• Axiom offers accounting and reporting capabilities adaptable for each property or owner’s needs and desires.  Axiom utilizes the Yardi accounting software which provides the most complete real time data to monitor all aspects of property management.

Asset Management

Axiom has developed a systematic process of managing and maintaining real estate assets in an efficient and cost-effective manner.

• We view all properties as an individual small business that requires its own strategic plan with specific metrics that need to be monitored.
• We have developed institutional level accounting and reporting systems that allow Real Estate owners to understand the position of each property.
• We approach capital investment with a focus on those items that maximize the Return on Investment (ROI).
• We have consistently managed over 50 million dollars of external investor dollars and delivered returns that outperform the market.

Construction Management

Axiom has rehabbed or built over 3,000 units in the last 5 years.

• We offer professional construction management as part of the Axiom team.
• We have an extensive network of experienced subcontractors.
• We fully understand the process in working with local zoning, building and housing agencies.
• We offer broad experience in ground-up construction, gut and cosmetic rehab.

Utility Allocation Systems, LLC (UAS)

Axiom provides Residential Utility Billing System (RUBS) through UAS. RUBS has two primary benefits first to pass through the cost of utilities to the tenants and improve the owner’s bottom line. Second, tenants conserve the utilities they are responsible for.

• Can be used to recover water, gas, electricity, trash or any other cost involved in operation of the property.
• Flexible to provide full or partial recovery of utility.
• Can be implemented quickly, within 30 days for existing RUBS users.
• Can bill by standard US mail, electronic mail, or a mix of both.
• Can provide Automatic ACH Debiting for resident payments of utilities and rent.