Rachelle Sapienza

Princeton Property Management

Princeton Property Management has been a market leader in the Salem‐Portland‐Vancouver multi‐family management business since 1984. Currently, we have 12 experienced portfolio managers, two assistant portfolio managers and an excellent accounting department who work as a team; directly supervising the daily operations of approximately 10,500 conventional and affordable housing rental units. Princeton provides a greater manager‐to‐project ratio than most professional property management firms offer. This allows each portfolio manager to spend more "hands‐on" time with the property and the on‐site staff. We bid all jobs or purchases over $300 and obtain three competitive bids from approved vendors. As a result, our owners find that their operating costs are significantly more controlled than with other firms. In addition to expense control, there is strong focus on growing net operating income through quarterly market reviews, tailored marketing plans, resident retention programs, and regular rent increases. Princeton Property Management's only profit center is property management. We do not broker property, own property, or operate subsidiary businesses (i.e. landscaping, maintenance, etc.). The inherent importance of this is that we are free to give you and your property our "all". We pride ourselves on being available to our owners at their convenience and working as a team to grow the asset.