The principals of Patrician Management, LLC have been owners and managers of real estate in Baton Rouge and southeastern Louisiana since 1936. Patrician's portfolio has included hotels, apartment communities, and single family homes. Currently, the principals of Patrician Management own, or manage for others 19 multi-family entities totaling in excess of 3,500 rental units. Real estate holdings, current and prior, have included investments in Louisiana, Georgia, Alabama, Florida, and Missouri. Including Louisiana Navy Family Housing, LLC, a 941 unit military housing partnership with the Department of the Navy. Most recent HUD experience is through operations and refinance of Cambridge Faire Apartment Homes in Fairburn, GA. Most recent acquisition is 21 South at Parkview, a 264 unit community located in Baton Rouge, LA. The site was bought in April 2014 and is currently being renovated.
Patrician's success in the property management industry can be partly attributed to the importance that is placed on its information systems. A substantial investment in both technology and training has made detailed reporting of managerial and financial indicators available to those who make operational decisions. This, in turn, translates into efficient, effective, and informed management.
As important as information is, dedicated, skilled employees are probably Patrician Management's greatest asset. General Managers, Assistant Managers, Leasing Agents, Bookkeepers, Maintenance Supervisors, Maintenance Technicians, and Groundskeepers comprise the on-site management staff. Each chosen for their specialized abilities, employees are encouraged to take advantage of employer sponsored training and educational programs. Patrician's investment in its employees benefits both the individual and the company as a whole.
Drawing its strength from experience, adaptation, and a focus on its personnel, Patrician Management will continue to be the area's premier property management company.