Background:
Pedcor Management Corporation is responsible for the collection and accounting of more than $30 million in gross annual rental proceeds from more than 45 properties.
Pedcor Management Corporation was established in 1987 to manage multifamily properties developed by Pedcor Investments and its related entities.
Today, Pedcor Management Corporation employs over 150 people including on-site managers, leasing representatives, and maintenance personnel. The company maintains an average occupancy level of 93% overall for its portfolio.
Pedcor Management formulates and implements marketing and leasing strategies, new product delivery, absorption, income and expense projections, insurance coverage coordination, completion analysis, capital expenditure projections, and personnel selection and training.
In June of 2000, Pedcor Management assumed operating responsibilities for the Village Community Development Corporation’s affordable housing portfolio, which consists of 8 properties located throughout Indiana, Kentucky.
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