FRED Newsletter - April 2021 - Volume 3, Issue 4

Living the Difference

COMPANY NEWSLETTER

APRIL 2021 Volume 3, Issue 2 Volume 3, Issue 4

February 2021 April 2021

DEPARTMENT UPDATE PROPERTY MANAGEMENT ACCOUNTING Signed 9,438 Leases Last Year, Zero Hand Cramps

by Andrew McDonald, Director of Accounting

This is your PM Accounting

our favorite part, countless

Team. We enjoy working with

spread sheets! All of this with

every department at FRED

the goal of providing support

and like to think of ourselves

and information to every

not just as an accounting

department to use in planning

department, but a resource.

and making decisions.

“We enjoy working with every department at FRED and like to think of ourselves not just as an accounting department, but a resource. ”

While producing accurate financials is a key part of our function, we are all about the numbers. In the last year, we’ve processed 4,747 deposit accountings and 34,738 invoices, printed 24,133 checks, handled 9,308 phone calls at the front desk queue, posted 5,640 journal entries, reviewed and signed 9,438 leases, and

JADE SAYS FAREWELL FRED finished construction of Jade in Menomonee Falls in 2019 and, following completion (on-time and on-budget of course), our dedicated and hardworking property management team took it from there. Michael the new owner, Starboard Realty Advisors out of Irvine, Bingham and Tyler Giese brought the property California, with all 139 units leased! A sincere thank you from construction completion to stabilization

to everyone who's worked with Jade in various ways

by June 2020, then Laura Kleczkowski held the

and to the dedicated onsite property team, some of

reins from there. Laura handed the keys to

whom will stay at Jade under the new ownership.

What Makes Them Shine Wells Street Station offers a peaceful and luxurious living experience in the heart of Lake Country. Located within walking distance of award-winning restaurants, boutique shopping, and active recreation, this 5 yearold property includes 58 apartment homes, each with a scenic view of beautiful Delafield. Wells Street Station residents are not only neighbors, they often become close friends. Property Manager, Karla Schultz, has witnessed a strong sense of community as residents often gather for Packer games, barbecues, dinner parties, and weekly games of mahjong. Many of their original residents still call Wells Street Station home today. And if you love pets, this is the place to be! Their 4-legged, furry friends occupy over 65% of their apartments! Even though COVID-19 has presented some restrictions around the property, residents have adapted well and have made efforts to keep their small community safe. The Wells Street Station team takes great pride in providing comfort to those who have made this place their choice for home.

EMPLOYEE SPOTLIGHT

PROPERTY SPOTLIGHT

CANDICE FORD

Assistant Property Manager Ridge View Apartments

I enjoy working out. This is my “me” time. I have a personal trainer who I train with 2-3 times a week. I also enjoy cardio kick boxing (which my trainer leads as well). I do this 3 times a week plus a cardio boot camp every Sunday morning! It is such a great stress reliever and so much fun! One thing a lot of people don’t know about me is that I am a First Degree Black Belt in Taekwondo (bet you wouldn’t have guessed that)! I earned my Black Belt a little over a year ago, which has taught me great discipline and determination, amongst other things. The gym, whether it’s personal training, cardio kick boxing, or TKD (Taekwondo), is my happy place!

PROJECT UPDATE 1505 APARTMENTS + TOWNHOMES The Grafton Living Trifecta

Phase two of 1505

by Tiffany Walisiewicz, Construction Coordinator

Apartments, aka The Lumber Yard, is a 47 unit apartment building that is three stories with one level of underground parking. Construction started in October 2017 and finished September 2018.

1505 is comprised of three facets. Phase one of 1505 Apartments is a four story building with lower level parking and commercial space, community room, fitness center, and rooftop lounge. It has 77 units and was under construction from June 2016 to August 2017. Their commercial tenants are Oasis Healthcare, Grafton Orthodontics, Fiddleheads Coffee Grafton, Sahale Ale Works, and The Lumberyard Plaza.

The newest addition, 1505 Townhomes, is a three story building with six units, each with private entry and parking. Construction spanned from April to November 2020.

FRED FUN

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"You want to know how to build trust?

It's pretty simple.

Get things done.

Do the right thing.

Bam."

"Your reason WHY needs to be so compelling that it will pick you up when you fall...and give you an infinite amount of energy to tap into."

IT IR SP

Check out the fun our property teams had last month at our first ever, two-week virtual event, 2021 FRED Summit!

FRED donated a total of $4,500 to local charities in our winning Spirit Day teams’ names!

RS

VIRTUAL EVENT RE-CAP

Toni Blake

Camping Photo Winner?

Welcome to the Team

SHOUT-OUT! February Winner

PEDRO ABAD

Synergy at the Mayfair Collection | Maintenance Supervisor Pedro ensured that three make readies were taken care of one week with the team at Synergy, and then went and assisted The Junction for three days with make readies and A LOT of snow removal. His dedication, willingness to travel and work so hard, and concern for other properties truly goes above and beyond expectation and exemplifies everything FRED. Way to go!

Nominated by: Leesa Eaton

ELLEN LAUR

JOHN BAKER

JUAN SALDIVAR

MICHAEL KENNEDY

Arrabelle | Housekeeping

Barrington Place | Leasing

Forté | Groundskeeper

Liberty Square | Groundskeeper

Promotions March 2021

ALLIE HOWARD

LIZETTE WALKER

Seasons at Orchard Hills | Property Manager

Domain | Full Time Leasing

ALLISON KIDDELL

Drexel Ridge | Property Manager

Spirit Store

NEW QUARTER, NEW MERCH! With spring upon us, we’ve curated a selection of new FRED merchandise to help you transition from one season to the next. Check out what the FRED Spirit Store has to offer this quarter, including additions from Carhartt, Nike, and The North Face. We’re also introducing TravisMathew to the store! Get your orders in now before items sell out!

Visit myfredway.com/online-store to shop!

FRED TEAM ON THE MOVE

FRED

February 2021 / March 2021

KEVIN MCDONALD Superintendent Promoted

KRIS SLATER Quality Control Leader Promoted

GRANT FISCHER Project Manager Promoted

RICK JAHN Regional Maintenance Supervisor Promoted

CURTIS STROMMEN Assistant Superintendent Joined The FRED Team

COVER PHOTO: 2021 FRED Summit Spirt Days

789 N WATER STREET SUITE 200 | MILWAUKEE, WI 53202 | 414-226-4535 | FRED-INC.COM