MJM Management is an affiliate of The Ferchill Group which has been developing office, residential, hotel, resort, and retail properties throughout the mid west for over 25 years. MJM Management is responsible for the management of both third party and company owned apartment complexes, mainly in Northeast Ohio. It has developed and managed more than 10,000 apartment units in over 45 properties in itÂ’s 25 years in business.
MJM manages properties under many federal, state and local government subsidy programs, including project-based HUD Section 8 insured under section 221(d)(4); HUD Section 236; Low Income Housing Preservation programs ELIPHA (Title II) and LIHPRHA (Title VI); IRS Section 42 Tax Credits; and Local Public Housing Authorities Tenant-Based Section 8 Vouchers and Certificates.
MJM pays particular attention to anticipating and avoiding problems related to areas such as staffing, resident turnover, and accounting system integration. MJM's approach to property management focuses on revenue growth, high occupancy, expense control, physical plant improvement, and service and responsiveness to residents and clients. Our objective is twofold: producing increased net operating income, and implementing a strong customer-service based orientation. Because we manage our own properties as well as providing management services for others, our focus is that of an owner. For all of our properties, MJM continually makes recommendations and/or completes projects that have resulted in increased owner returns and property values, while reducing expenses.
MJM customizes and personalizes its management approach to each assignment based upon strategies agreed upon with the client.
If you are planning to purchase residential property let MJM put our property management expertise to work for you. We welcome your inquiry about how our team can maximize your real estate investment return.
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management / principles
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MJM Management, under the direction of John and Sharon Ferchill, have been sucessuflly developing and manging market rate and subisidized investment properties for over 25 years. The average officers and director has over 20 years of experience working for MJM.
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development focus
MJM Management is focused on maintaining above-average occupancy rates, utalizing cost-effective marketing tools and controlling maintenance costs. We rely on our experience, our excellent long-term relationships with vendors, and our ability to navigate the federal, state and local regulations and requirements.
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under develoment
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