Deerwood Village

Mul­ti-Fam­i­ly Apart­ments

Cort­land Part­ners, a mul­ti-fam­i­ly real estate invest­ment and man­age­ment firm, had acquired sev­er­al new prop­er­ties, includ­ing the Deer­wood Vil­lage Apart­ments in Ocala, Flori­da. Ren­ovia had recent­ly worked with Cort­land on a suc­cess­ful apart­ment project in Colum­bus, Ohio, in which 8 prop­er­ties were com­plet­ed in a very time­ly and effi­cient man­ner..

Cort­land need­ed to address sev­er­al key issues at Deer­wood Vil­lage while show­ing exist­ing res­i­dents they were rein­vest­ing in the prop­er­ty. Areas that required imme­di­ate atten­tion includ­ed:

  • Stuc­co fail­ure
  • Water infil­tra­tion
  • Fad­ing paint
Deerwood Village | Renovia

Problem

Ren­ovia assessed the project and scope of work, and put togeth­er a mod­el of the project time­line and mock-up of the expect­ed out­comes. The pro­pos­al was approved on the first pass by man­age­ment and efforts began quick­ly.

Solution

The biggest area of con­cern was stuc­co fail­ure. The stuc­co attach­es to the wood fram­ing of the chim­neys in each unit. Because the stuc­co was dete­ri­o­rat­ing, water was enter­ing the wood fram­ing and caus­ing dam­age. The mate­r­i­al beneath the stuc­co was begin­ning to rot.

Number One | Renovia

Renovia’s first step was to recon­struct and repair mul­ti­ple chim­neys on the prop­er­ty. To ensure costs remained in line with bud­get, Ren­ovia cre­at­ed an indi­vid­ual project doc­u­ment for each chim­ney to estab­lish a sys­tem­at­ic approach for repair. A line-item bud­get agen­da was imple­ment­ed for replace­ment com­po­nents to ver­i­fy all costs.

Number Two | Renovia

The sec­ond task was to give Deer­wood Vil­lage a major visu­al change by mak­ing a splash with col­or. The orig­i­nal paint col­ors for the build­ings were neu­tral, pri­mar­i­ly fea­tur­ing whites and tans, which didn’t stand out. To cre­ate a visu­al impact, to improve the reac­tion of dri­ve-by traf­fic, and to gen­er­ate excite­ment among cur­rent res­i­dents, the build­ings were repaint­ed with more mod­ern blues, greens, and greys. The blend of new col­ors elicit­ed a reac­tion that drew atten­tion to the prop­er­ty.

Outcome

The project began in Novem­ber, 2015 and was com­plet­ed in April, 2016, one month ahead of sched­ule.

Deer­wood Vil­lage is one of the only projects I’ve ever worked on that was com­plet­ed on time and with­in bud­get,” said Ed Bro­ker, Con­struc­tion Man­ag­er for the state of Flori­da.

Ren­ovia com­plet­ed repair of all the chim­neys and stuc­co that had expe­ri­enced dam­age over time. The new coat of paint has the res­i­dents excit­ed and the prop­er­ty man­agers opti­mistic about pro­mot­ing the com­plex to poten­tial new ten­ants.

Deerwood Village | Renovia

Before

Case Study Image | Renovia

After

Bro­ker worked with the site team and Chris Hall, Ren­ovia Sales Man­ag­er, to com­plete the project. “Chris was instru­men­tal in help­ing the team work through any prob­lems,” said Bro­ker. “The site team was pleased with the coor­di­na­tion and safe­ty, and res­i­dents had very few issues dur­ing the project. Every­one involved was pleased with the out­come.”

Bro­ker attrib­uted the suc­cess of the enter­prise to the qual­i­ty of com­mu­ni­ca­tion. He said clear, con­cise infor­ma­tion through­out the process enabled the team to quick­ly iden­ti­fy issues and make informed, edu­cat­ed deci­sions. Suc­cess­ful com­mu­ni­ca­tion also con­tributed to ensur­ing res­i­dents were ful­ly informed of project sta­tus.

Deer­wood Vil­lage was my first time work­ing with Ren­ovia,” said Bro­ker. “The exe­cu­tion of the work was excep­tion­al and every­one was excit­ed with the final prod­uct. It was a great expe­ri­ence.”