CELEBRATING FIVE YEARS OF GROWTH, COMMUNITY AND SUCCESS: RHO RESIDENTIAL’S JOURNEY
Property Management Firm Headed by Industry Vet Brenda Cioce on Track to Execute Leasing for Over 600 Multi-Family Units by Mid-2024
ROSELAND, N.J., April, 2024 -- Embracing a narrative of growth rooted in a deep appreciation for its people, RHO Residential has emerged as a leading third-party full-service residential property management firm in the northeast since its formation in 2019.
With headquarters based in Roseland, NJ, and additional offices spanning across Florida and Tennessee, RHO Residential is proudly marking its five-year anniversary with a robust portfolio comprising of 3,500 apartments and more than $1.7 billion in class A multi-family assets under management. At the heart of its success story lies the unwavering commitment to a people-centric ethos, a principle instilled by founder and president Brenda Cioce, which continues to drive exceptional outcomes for asset owners, developers and property management clients alike.
Central to RHO Residential's ascent is its dedication to tailoring services and excellence in creating solutions to meet the needs of its clientele. This commitment is brought to life by a talented and diverse team of nearly 80 multi-family professionals, whose expertise and passion infuse every aspect of the company's operations.
RHO Residential is celebrating its anniversary with its strongest year on record. The firm is positioned to expand its presence in the vibrant northern New Jersey market with the execution of leasing at five new apartment communities totaling over 600 units by mid-year. The expansion exemplifies the company’s focus on new construction projects and includes The Vale in Allendale, a 70-home community which is fast approaching 40% leased since its February launch. Also slated to come on board in the months ahead are The Harth, a 53-unit building in Millburn, NJ; Park & Arbor a 110-home development in Old Tappan, NJ; Aster Grove, a 220-home development in Warren, NJ; and The Grand, a 156-unit building in West New York, NJ.
The company's commitment to a human-centric approach is at the core of its operations, starting with its dedicated team of professionals. Brenda Cioce, Founder and President of RHO Residential, envisioned a workplace culture where employees could forge personal connections and thrive professionally. This vision has come to fruition, thanks to a talented team that leverages decades of experience to ensure the prosperity of multi-family communities. By pouring their energy and expertise into increasing value for property owners and creating meaningful community experiences for residents, RHO Residential embodies a people-first ethos.
The company's dedication to fostering an exceptional workplace culture has garnered recognition within the industry. In 2021 and 2022, RHO Residential was awarded Top 10 Best Places to Work by NAA two years in a row. In 2023, RHO Residential secured the #7 spot in the Best Places to Work Multifamily? rankings, a testament to its commitment to creating and nurturing an outstanding workplace environment.
Ms. Cioce's extensive experience in multi-family residential property management, spanning over four decades, has been instrumental in shaping RHO Residential's approach. With a background that includes working with prominent real estate names such as Trammel Crow/Avalon Bay and Roseland Property Company, whose portfolio she grew from 3,000 to 10,000 units as President of Property Management. Ms. Cioce brings a wealth of knowledge and expertise to the table.
Under her leadership, RHO Residential develops and implements forward-thinking property management plans that benefit client apartment communities in various aspects, including customer service, maintenance, operations, leasing, occupancy, and marketing. The company's personalized, hands-on approach ensures that each community receives innovative and well-managed programs tailored to its unique needs.
“A strong understanding of the current rental landscape results in high-performing assets for our clients.” said Ms. Cioce. “Whether it’s spearheading new development leasing program or enhancing management and retention at an existing property, our specialized programs leverage our capabilities based on our clients’ needs and are designed to exceed expectations.”
At RHO Residential, the celebration of five years is not just a milestone; it is a testament to the enduring spirit of collaboration, innovation, and dedication that defines the company's culture. As they look ahead to the future, RHO Residential remains steadfast in its commitment to its people, its clients, the residents, and its continued pursuit of excellence in the dynamic world of residential property management.
For additional information on RHO Residential, 973-852-1690 or visit https://www.rhoresidential.com/.
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