Technology has helped to optimize property management, and Princeton Property Management is leading the way. We leverage cutting-edge tools and software to provide: ✔️ Transparent financial reports ✔️ Detailed monthly and annual statements ✔️ Streamlined expense management and operations ✔️ Enhanced property visibility Are you ready to simplify property ownership with a trusted partner and industry-leading technology? Let’s collaborate and see the difference it can make! #PrincetonPropertyManagement #PropertyManagement #LeadingTheWay
Princeton Property Management
Real Estate
Portland, Oregon 1,678 followers
Princeton Property Management has been an industry leader in the Pacific Northwest since 1984. Locally owned & operated.
About us
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.
- Website
-
http://www.princetonproperty.com/
External link for Princeton Property Management
- Industry
- Real Estate
- Company size
- 201-500 employees
- Headquarters
- Portland, Oregon
- Type
- Privately Held
- Founded
- 1984
- Specialties
- Property Management, Multi-Family Housing, Management, Leasing, Maintenance, and Affordable Housing
Locations
-
Primary
Get directions
7831 SE Lake Rd
Portland, Oregon 97267, US
-
Get directions
Portland, OR, US
Employees at Princeton Property Management
Updates
-
Accountability is the cornerstone of our operations. At Princeton Property Management, we believe in being proactive, not reactive. From rigorous checks and balances to regular property audits and comprehensive applicant screenings, we ensure every detail is managed carefully and precisely. Our promise is simple: We're committed to protecting your assets and your peace of mind, giving you the confidence that your property is in good hands. #PrincetonProperty Management #PropertyManagement
-
-
🎉 Celebrating Excellence at the Ace Awards 🎉 Our team recently celebrated an unforgettable evening at the Multifamily NW Ace Awards ceremony. Princeton proudly recognized our team nominees and their incredible achievements. We’re thrilled to share that our team took home two Ace Awards this year! 🎉 Thai Thompson – Corporate Support Person of the Year 🎉 Josh De Maris – Maintenance Technician of the Year The energy of the evening was unforgettable. When Josh won, he expressed his surprise before shouting, “ONE PRINCETON!” It was a moment that truly captured the spirit of our team. We ended the night on the dance floor, celebrating not only individual achievements but the shared success and camaraderie that defines Princeton Property Management. Let's raise a toast to the incredible work we've done together and to the promising future that lies ahead, filled with even more amazing achievements!
-
The Multifamily NW Fall Apartment Report Luncheon gave us a valuable glimpse into where the Portland apartment market is headed. As we head into the end of 2024, the trends are becoming more apparent. At Princeton Property Management, we use these insights to help property owners plan for what’s next. Here are some key takeaways shaping our strategies: Market Recovery on the Horizon: Property values are showing signs of gradual stabilization. Research indicates they’ll bottom out in early 2025 and could reach 2022 levels again by 2027 With recent Federal Reserve rate cuts, investor sentiment has improved, suggesting the market may pick up momentum next year as market activity grows. Vacancy Trends: Vacancy rates have declined to 4.5% overall, with further declines projected in the years ahead. Stabilized properties are performing even better, showing resilience amid a shifting market. Rent Growth Returns: After a slight dip in 2023, rents are up 1.5% in 2024, with growth expected between 2.5% and 6.0% over the next five years. As property owners prepare for 2025, staying ahead of these trends is critical. At Princeton Property Management, we’re helping our clients plan proactively with expert guidance grounded in the latest market insights. Looking for a partner who’s always a step ahead? Let's connect! #PrincetonPropertyManagement #PropertyManagement #PortlandRealEstate #MarketTrends
-
-
This Thanksgiving, we’re reminded of how grateful we are for everyone who makes our communities thrive. To our property owners: thank you for trusting us to care for your investments. To our residents: you are the heart of what we do, and we’re honored to serve you. To our incredible team: your dedication and hard work make it all possible. Wishing you all a holiday filled with warmth, gratitude, and joy. Happy Thanksgiving from all of us at Princeton Property Management! 🦃 #PrincetonPropertyManagement #OnePrinceton #Thankful #HappyThanksgiving
-
-
Princeton Property Management was proud to participate in the Hammer and Hope Event, a celebration supporting and raising $16,000 for Rebuilding Together Portland, whose mission is to ensure safe and healthy housing for all. The evening was the perfect blend of fun and purpose, filled with great food, games, and even a costume contest! Our very own Josh Demaris won the prize for best individual contest, while our team took home the group costume title! Thank you to Rebuilding Together Portland and sponsors Skanska, 1-800-Plumber + Air Pacific NW and Multifamily NW for an incredible evening supporting our community. #PrincetonPropertyManagement #PropertyManagement #CommunitySupport #RebuildingTogether
-
-
We're excited to introduce more of our Multifamily NW Ace Awards nominees! These outstanding team members continue to go above and beyond, demonstrating their dedication, hard work, and passion! Let's congratulate Maggie Hopkins, Thailand Thompson, Chris Yax, and Kacey Jones for their exceptional contributions. Their efforts inspire us all, and we're proud to have them on the Princeton Property team! Learn more about the Ace Awards here: https://lnkd.in/gvEXNDpr #AceAwards #TeamExcellence #PrincetonPropertyManagement #MFNW
-
We're thrilled to announce that Quatama Village has been nominated for the MFNW Ace Awards for Renovated Property of the Year! This recognition reflects Princeton's commitment to enhancing living spaces and providing exceptional community experiences. A big thank you to our dedicated team and residents for making Quatama Village a great place to call home! Join us in celebrating this achievement and stay tuned for updates! #PrincetonPropertyManagement #MFNWAceAwards #RenovatedProperty #AceAwards #PropertyManagement
-
-
🏆 We're thrilled to announce that several Princeton Property Management team members have been nominated for the Multifamily NW Ace Awards! 🏆 These nominations highlight the dedication, hard work, and commitment to excellence our team brings to property management daily. We couldn't be more proud of their tremendous impact on our communities! Watch the video to see their achievements and learn why they’re being recognized. #AceAwards2024 #MultifamilyNW #PrincetonPropertyManagement #PropertyManagement
-
This Veterans Day, we honor and express our gratitude to all veterans within our team and communities nationwide. The Princeton Team is proud to honor the veterans on our team who have bravely served our country: 🌟 Johnny Sirmons – Oak Grove Village, Community Manager US Marine Corps, E8 – 1st Sergeant. Johnny served over 22 years, including 13 years on active duty and 10 years in the reserves. 🌟 Shannen Covington – Quatama Village, Community Manager Served in the U.S. Navy from 1980-1985 as a dental assistant. 🌟 Tony Hayden – Birch Meadow, Elizabeth & Kristin, Maintenance Technician II, spent 14 years in the US Army and Army National Guard as an artilleryman. 🌟 Scott Allen Van Schoten (SPC) – Portfolio Manager Active-Duty Army veteran who served a tour in Afghanistan after 9/11, supporting front-line infantry and competing in the Military Culinary Olympics. 🌟 Bryan Scott – Eagle Pointe, Maintenance Technician II Served in the U.S. Navy from 1993-1997 in San Diego, supporting both a refueling squadron and SH-60 helicopter missions. 🌟 Scott Wilcock – Hudson’s Pointe & Parkview Commons, Maintenance Technician II, Dedicated over 23 years in the U.S. Army and Oregon Army National Guard. Thank you for all you have done and continue to do for our freedom! #PrincetonPropertyManagement #VeteransDay #PropertyManagement #HappyVeteransDay