HSR Property Services, LLC specializes in multi-family property management in the metropolitan Chicago area. Executives of HSR Property Services, LLC have a long history in the field of property management, development, construction and rehabs in excess of $25 Million. HSR currently manages approximately 4,600 units in the City of Chicago, Southwest Suburbs and surrounding Counties. The current portfolio consists of Condominiums, Townhouses, Single Family Homeowners Associations, Senior Housing, Housing Cooperatives, Office and Retail properties.
HSR Property Services, LLC has assembled a team of innovative and dedicated Community Association and Asset Managers. The executive staff includes a Certified Property Manager 'CPM' from the Institute of Real Estate Management 'IREM' and a Certified Public Accountant 'CPA.' Other designations of our staff include:
Association Management Specialist 'AMS'
Certified Manager of Community Associations 'CMCA'
Professional Community Association Manager 'PCAM'
Certified Occupancy Specialist 'COS'
Certified Cooperative Manager 'CCM'
Novogradac Property Compliance Certification 'NPCC'
Illinois Community Association Manager License
Illinois State Managing Brokers License
In June 2001, HSR Property Services, LLC received the prestigious designation of Accredited Management Organization 'AMO' from the Institute of Real Estate Management 'IREM.' Fewer than 700 out of more than 10,000 real estate management companies have met the strict requirements for this designation. These elite organizations set the standards for excellence in property and asset management. Not only does achieving the AMO® designation demonstrate our commitment to professionally managing your association or property, but it also shows that we're willing to go that extra step to assure you that your investment will receive the best management possible.
To be accredited, a firm must have an established reputation of professionalism. Before the designation is awarded, the applicant's qualifications are reviewed by national and regional leaders of IREM. Firms must be re-accredited every three years. AMO firms abide by a formal Code of Ethics established by IREM. The Code of Ethics regulates relationships with the owner/investor and the public, and controls promotion, advertising, and operation procedures. AMO firms pledge that they will not receive, directly or indirectly, any rebate, fee discount, or other benefit without your knowledge and consent.
The Institute of Real Estate Management has established well-defined financial criteria for attaining AMO status. Each AMO firm undergoes an independent financial review, must meet IREM's highest standards in asset/liability ratios and accounting procedures, and is required to obtain three types of insurance: broad form money and securities, depositor's forgery and alterations, and fidelity bond. HSR Property Services, LLC has gone even further by obtaining coverage for Errors & Omissions, Tenant & Housing Discrimination, Employer Practices Liability and Workers Compensation for it's employees.
In August 2014, HSR Property Services, LLC received the Women's Business Enterprise (WBE) designation from the Women's Business Enterprise National Council.