What`s Happening, Hawthorne?! - Hawthorne Residential Partners

What’s Happening, Hawthorne?!
aug 2015
MANAGEMENT TAKEOVERS
We're excited to announce our takeover of management of 11 properties on July the 1st, adding 1,794 units
to our portfolio. This is Hawthorne's largest portfolio takeover since our company's inception in 2009. With
these additional communities our total portfolio unit count has risen to over 21,000. With 10 being located
in Fayetteville, NC and the smaller surrounding cities and 1 in Southern Pines, NC, adding 5 new cities to our
NC footprint. We've had a huge team spanning all departments working rigorously on the transition and
take-over of this portfolio and they have without a doubt truly LIVED IT! all the way through!
Welcome
!
d
r
a
o
b
A
Austin Creek
Buckhead
Jamestown Commons
Grove at Park Place
Hidden Lake
Legends at Morganton Park
Summerfield Villas
Waterford
Wayside
South Main
West Park
colony villag
e
Earlier this month, we closed last week with the
addition of 2 new apartment communities to our
portfolio. We're excited to announce that we have
taken over management of Brynn Marr Village
Apartments located in Jacksonville, NC with
196 units and Colony Village Apartments located
in New Bern, NC with 171 units, adding a total of
367 units to our portfolio! These communities
have also given us the opportunity to add 2 new
cities to our portfolio.
We can't wait to introduce Brynn Marr Village
and Colony Village Apartments to our LIVE IT! culture!
GET TO KNOW...
Name: Stephanie McCord Position: Payroll Coordinator
Time with HRP: 2 Years
What Do You Love Most About HRP?: I would have to say the overall
morale. Everything is geared towards positivity and connecting with not only
residents, but employees as well. It’s an uplifting experience, from the bright
Hawthorne colors to the encouragement to strive to be better!
What Do You Do Outside of Hawthorne?: I’d say I spend half of my time
as a couch potato under the spell of Netflix. The other half of my time outside of
Hawthorne is spent being active, whether it’s a hike or camping trip with
friends...or a run in the park.
If You Had 3 Wishes, What Would They Be?:
1. To spend time with my mother again (I lost her to ovarian cancer in 2010)
2. A trip every year to any place in the world!
3. To be able to eat what I want, when I want, and not have to worry about it effecting my body
WELCOME!
MEG PISCZEK
BRIAN SMITH
Joined Hawthorne August 2015
as Regional Vice President
Joined Hawthorne August 2015
as Regional Manager
Meg with her grandson
CONGRATULATIONS!
JOCELYN PARKER
LOUANN FRYE
Promoted effective September 1st
from Community Manager to
Area Manager
Promoted effective September 1st
from Regional Manager to Director
of Training and Talent Acquisition
LouAnn with her son
SPECIAL ANNOUNCEMENT
ADAM GRAY
Joined Hawthorne in July 2015 as Regional Support Manager. Not long after, Adam proposed to his
fiancée, Sarah, at sunset in front of the Jefferson Memorial in Washington, D.C. Congratulations on
your engagement, Adam!
Adam with his fiancée, Sarah
SHOW ME THE MONEY!
Under 2% Average Delinquency - Q2 - 2015
Fulton Place
Hawthorne Commons
Fox Run
Meridian at Harrison Pointe
Main Street Square
Hawthorne at the Station
Hawthorne at the Hall
Summer Chase
Waterside Greene
Cardinal of Kernersville
Wendover Ridge
0.00%
0.09%
0.27%
0.30%
0.37%
0.58%
0.81%
0.88%
0.93%
0.97%
1.03%
Hawthorne at the Meadows
Hawthorne at the Park
Hawthorne at Main
Hawthorne at Murrayville
Park West
Hawthorne at Bridford
Claypond Commons
Hawthorne at Horse Pen Creek
Hawthorne Westside
Hawthorne at the Peak
1.06%
1.48%
1.53%
1.53%
1.56%
1.58%
1.66%
1.69%
1.75%
1.79%
BACK DOOR CLOSERS
Top 10 Lowest Annualized Turnovers as of 7/2015
Highland Vista
Meridian at Hermitage
Grand Summit
Random Woods
Oxford Square
Hawthorne North Park
Cardinal Townhomes
Summer Chase
Congaree Villas
Stonesthrow
41.86%
43.35%
44.29%
44.57%
44.72%
46.58%
47.14%
47.96%
48.52%
49.14%
RENEWAL REVENUE DRIVERS
Average Renewal Increase Percentage as of 7/2015
1.
2.
3.
4.
5.
Hawthorne Lofts South
Hawthorne at the Parkway
Meridian at Hermitage
Hawthorne Northside
Hawthorne at the Ridge
12.31%
9.28%
8.13%
7.58%
7.42%
6.
7.
8.
9.
10.
Hawthorne Creekside (Fontaine Woods)
Hawthorne Centre North
Hawthorne Commons
Summer Chase
Hawthorne Park South
7.23%
7.08%
7.06%
6.80%
6.72%
SOAR HIGH CLUB
Top 10 Positive NCI to Budget Percentage - Through Q2-2015
1.
2.
3.
4.
5.
Stephens Pointe
Stillwater at Southbridge
Hawthorne at Bear Ceek
Meridian at Harrison Pointe
Oxford Square
133.69%
63.65%
16.99%
10.33%
9.81%
6.
7.
8.
9.
10.
Hawthorne at the Trace
Hawthorne at the Station
Park West
Lake Shore Village
Hawthorne at New Centre
8.99%
8.83%
8.48%
7.70%
7.37%
HR HAPPENINGS
During the month of June, Hawthorne’s corporate office partnered
with the Human Resources Management Association of Greensboro
& SHRM to participate in the Feed NC Food Drive for the Servant
Center. The Servant Center is a Greensboro organization that provides
24/7 care and support to 21 homeless and disabled veterans. The
Servant Center not only feeds the 21 residents 3 meals per day but also
provides support through case management, life skills, medical care and
mental health counselling.
We are very pleased to announce that Hawthorne’s corporate office donated a whopping 195 pounds out
of the total 262 pounds of food that was collected from this partnership! Way to LIVE IT!
HAWTHORNE RESIDENTIAL PARTNERS
806 Green Valley Road, Suite 311, Greensboro, NC 27408 | www.hrpliving.com | 336.275.9511