ALL INCLUSIVE COLIVING - OLLIE PROPERTY MANAGEMENT - Page 1 of 22 - City of Berkeley

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ALL INCLUSIVE COLIVING - OLLIE PROPERTY MANAGEMENT - Page 1 of 22 - City of Berkeley
ATTACHMENT 4
                            ZAB 07-23-2020
                               Page 1 of 22

ALL INCLUSIVE
COLIVING.

OLLIE PROPERTY MANAGEMENT
CAPABILITIES
ALL INCLUSIVE COLIVING - OLLIE PROPERTY MANAGEMENT - Page 1 of 22 - City of Berkeley
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Table of Contents
Management Services     3

Technology Services     10

Questions and Answers   16

© 2020 Ollie                 Confidential. Not for distribution. 2
ALL INCLUSIVE COLIVING - OLLIE PROPERTY MANAGEMENT - Page 1 of 22 - City of Berkeley
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MANAGEMENT
SERVICES
FACILITIES MANAGEMENT
MARKETING AND LEASING
HOUSING AS A SERVICE (HAAS)
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Full suite of management services

   FACILITIES MANAGEMENT                    MARKETING                               LEASING
   The Facilities Management team is        Produce comprehensive marketing         Our leasing teams are highly skilled in
   responsible for overseeing the           and advertising strategy plans that     sales and marketing presentations
   physical quality, maintenance and        incorporate segmentation for pre-       and      closing     techniques      in
   building systems of assets in            leasing, lease-up and stabilization.    conventional multifamily leasing, with
   coordination       with       building   This includes coordination of digital   specialized education on leasing and
   ownership. This includes, but is not     advertising,      social       media    marketing a coliving product.
   limited to executing on preventative     programming,      corporate      and
   maintenance       plans,      building   community outreach, and reputation
   regulatory compliance, life and safety   management. We may facilitate
   plans, annual inspections and routine    engagement       with     third-party
   maintenance of the building and          marketing firms for the creation of
   units.                                   digital assets, website design and
                                            development, digital marketing and
                                            branding.

   HOUSING AS A SERVICE                     FINANCIAL REPORTING                     COLIVING REPORTING
   Ollie’s Housing as a Service (HaaS)      The team prepares detailed monthly      The team also prepares quarterly
   includes fully functional furnished      financial       and          leasing    reports outlining the performance of
   units, free cable/WiFi, weekly           performance reporting that includes     coliving      services,      including
   housekeeping, and Ollie Social events    financial statements, review of         community engagement, Bedvetter
   that     elevate     the   resident’s    payables, budget monitoring and         user activity and results of quarterly
   experience, giving them time to focus    occupancy    and    leasing    trend    NPS surveys.
   more on themselves, and build            analysis.
   community within the property and
   the surrounding neighborhood.

© 2020 Ollie                                                                                      Confidential. Not for distribution. 4
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Housing as a Service (HaaS)                                                                                                                All-Inclusive

                        Move-In Ready                     Smart Home Technology                Premium Wifi & Television
                    Ollie apartments come fully          Ollie’s smart home technology        All Ollie units come equipped with
                     furnished with high end             includes    smart    TVs     and     high-speed wifi and premium
                and transformable
                      residents enjoysystems,
                                          exclusive      thermostats to RFID-enabled locks    television programming.
                discounts to Ollie Provisions Co.        and Bluetooth compatible lighting
                design packages.                         and sound.

   Community Manager                   Social Club Membership                   In-Building Amenities                    Affordable Living
Residents enjoy social mixers,        Ollie residents have invitatio         Take advantage of in-building         All inclusive living at a discount to
guest lectures, weekend brunch        to unique                  ns          amenity spaces that range from        other conventional apartments
and sunset yoga curated by a               experiences,          voluntee    rooftops, pools, state of the art
dedicated community manager.          opportunities,
                                      only   hot spotsday
                                                       and great rperks      fitness centers Signature Tapwell
                                      trips,
                                      complimentary
                                      like                       member
                                                         beverages     and   cafés, and Co-working lounges.
                                      exclusive discounts to     s-
                                      events.

© 2020 Ollie                                                                                                           Confidential. Not for distribution. 5
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Corporate oversight
Platform designed to support the development, lease-up, and management of institutional multifamily
properties with offices in NY, LA and SF.

               TECHNICAL SERVICES TEAM                               OPERATIONS TEAM

                Director of Technical Services                   VP of Operations and Experience

        Associate Director of Project Development        Director of Product Development and Operations

           Associate Director of Technical Design               Regional Portfolio Manager (TBH)

                                                                    Director of Facilities (TBH)

                                                           Director of Leasing           Community
                                                                 (TBH)                   Engagement

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Property Organizational Chart

                                  GENERAL MANAGER

                                    ASST GENERAL
                                      MANAGER

                MAINTENANCE                          COMMUNITY
                                  LEASING MANAGER
                  MANAGER                            ENGAGEMENT
                                                       MANAGER

                MAINTENANCE            LEASING
                TECHNICIAN(S)        CONSULTANT(S)   CONCIERGE

               PORTER / CLEANER

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Leasing and Maintenance staff
GENERAL MANAGER
Our General Manager is responsible for the overall operations of the property, resident experience, financial goals management and
execution. They are charged with onsite team development, risk management and assisting with multifamily marketing initiatives.

ASSISTANT GENERAL MANAGER
Our Assistant General Manager provides support to the General Manager in the administration and oversight of the property, the staff,
and the resident experience. The Assistant General Manager is cross trained on all General Manager functions and acts in the capacity
of the General Manager in their absence.

LEASING MANAGER
The Leasing Manager leads the onsite execution of marketing, leasing and pre-leasing of all rental units while guiding and developing
the leasing team.

LEASING CONSULTANT
Performs all activities surrounding leasing, new move-ins and lease renewals. Interacts directly with prospective and current residents
to achieve maximum occupancy. Generates and handles traffic, leasing apartments, qualifying prospects, preparing lease
documentation and completing move-ins.

MAINTENANCE MANAGER
Along with overseeing all maintenance and general asset preservation activities at the property, the Maintenance Manager is
responsible for guiding and developing the maintenance team and for providing the outstanding level of service to the residents.

MAINTENANCE TECHNICIAN
Performs problem diagnosis and repairs of HVAC, electrical, plumbing, carpentry, dry wall, exterior structural and appliance
maintenance, while maintaining stellar customer service and quality assurance standards.

PORTER
Responsible for the overall cleanliness and aesthetic of all amenity areas, common corridors, and small groundskeeper projects in
ensuring a superior interior and exterior image.

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COMMUNITY ENGAGEMENT staff
COMMUNITY ENGAGEMENT MANAGER
The Community Engagement Manager is the face of Ollie and the main driver of the customer experience in our buildings. The
responsibilities of this role include the planning and execution of Ollie Social programming, conducting resident onboarding,
offboarding, and in-person orientations.

CONCIERGE
Our Concierge is the face of our communities, bringing people together and connecting people to their apartment homes while playing
a vital role in assisting with creating customer loyalty, leading to resident engagement, satisfaction, and retention.

© 2020 Ollie                                                                                             Confidential. Not for distribution. 9
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TECHNOLOGY
OLLIE.CO
LEASING SUPPORTED BY TECHNOLOGY
BEDVETTER – ROOMMATE MATCHING
OLLIE LIVING APP
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Ollie.co
Ollie.co is the first step of the customer journey. The mobile responsive website serves as a
lead generation tool for both prospective residents.

The site informs users of the product through 360 VR videos and imagery, allowing the
prospective resident the opportunity to view available properties, units, and amenity spaces.
Providing such an immersive experience enables us to display our properties we manage,
driving lead generation and faster lease-up for our property owner partners.

© 2020 Ollie                                                                                    Confidential. Not for distribution. 11
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Leasing supported by technology
Ollie supports leasing with a unique combination of on-
site personnel, web-based technology and follow-up
engagement.

TECHNOLOGY
The customer journey begins at Ollie.co, where prospects
are funneled to the dedicated building website. Our
technology stack provides resident prospects with the
option to complete a virtual, online lease process.

ON-SITE LEASING
For in-person inquiries, residents are greeted by the on-
site leasing team and Ollie’s Community Manager. Ollie’s
VP of Property Operations and Leasing Manager will
provide training and support to the leasing team to
evaluate prospects by budget, unit-type preference, and
tours, directed to micro-units or conventional units
accordingly.

FOLLOW-UP ENGAGEMENT
In-person tours conclude with a warm invitation to meet
the Ollie community by participating in an upcoming
Ollie event or signing up for a complimentary trial
membership to Ollie Social (Social Membership Club),
creating opportunities for authentic, community-driven
follow-up engagement.

© 2020 Ollie                                                Confidential. Not for distribution. 12
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Bedvetter – roommate matching
HOUSEHOLD FORMATION
By combining its intelligent matching algorithm with an intuitive interface and geo-targeting capabilities,
Bedvetter streamlines the roommate selection and leasing process, putting household compatibility first. Users
answer a series of questions that will help determine their compatibility with potential roommates who are
seeking a similar housing situation.

Users with available rooms or units can also utilize Bedvetter to find replacements tenants for either
themselves or their roommates when unexpected life events occur.

© 2020 Ollie                                                                                                     Confidential. Not for distribution. 13
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Ollie living app
LIFESTYLE MANAGEMENT
The Ollie Living app houses the integration of multiple 3rd party and in-house applications into an elegant and easy to use
resident portal. The app operates on top of a proprietary middleware platform that communicates with an array of different
3rd party tools such as property management, packages, housekeeping, payment, social and more.

           Home                Activity Feed        Housekeeping Services         Payments               Building Information
                                                        Management

© 2020 Ollie                                                                                     Confidential. Not for distribution. 14
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Resident facing middleware

                    Property Management                   Rent Payment                       Resident Services
                   Accounting, Leasing,Operations,   Credit Card, Debit Card,ACH,   Package Tracking, Maintenance Requests,
                      Maintenance, Forecasting                Reporting                   Amenity Space Reservations

               Community Engagement
               •     Events Calendar
               •     Event RSVP
               •     Guest Fees
               •     Co-Spaces

                                                      Ollie Living App

                                                     Ollie Residents

© 2020 Ollie                                                                                          Confidential. Not for distribution. 15
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QUESTIONS   AND
ANSWERS
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QUESTIONS AND ANWERS (leases)
                               Question                                                                Answer
 What will be the standard lease term?                                   Ollie will be targeting 12-month lease terms.

 Do roommates review applications before selection?                      No. Ollie’s management team is the only one who reviews and
                                                                         approves resident applications per the local and state laws and
                                                                         regulations. However, the residents will approve who they will be living
                                                                         with before forming a household and executing the lease. They will be
                                                                         given opportunities to meet one another at our roommate matching
                                                                         parties or on our roommate matching website, Bedvetter. Our
                                                                         management team will direct residents interested in the property to
                                                                         our Bedvetter site, where the resident can sign up, answer questions
                                                                         about their lifestyle, connect with other residents who are interested
                                                                         in living at the property, and have access to message them directly
                                                                         with any questions. The residents have full discretion and the option to
                                                                         include as much or as little information they want on the Bedvetter
                                                                         site.
 Will Ollie have a noise clause in their lease that clearly states all   Yes
 tenants will have the Right to Quiet Enjoyment?

 Does Ollie have a clause in their lease that states how many visitors   The property will comply with building code occupancy requirements
 will be allowed in each unit or bedroom?                                and will be reflected in the lease form.

 Do you have a minimum length for a lease?                               No, we will offer lease terms in line with local zoning and rental laws
                                                                         require and will be targeting 12-month lease terms.

© 2020 Ollie                                                                                                        Confidential. Not for distribution. 17
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QUESTIONS AND ANWERS (Tenants)
                           Question                                              Answer
  What are the steps to onboarding a new tenant?   1) Residents know one another, meet at our roommate matching
                                                   parties or through Bedvetter.
                                                   2) Residents agree on living together and want to form a household.
                                                   3) Residents submit a lead card by filling out one of the forms on
                                                   ollie.co.
                                                   4) Ollie's leasing consultant responds to the lead asking to schedule a
                                                   tour (or virtual tour, right now).
                                                   5) A tour is conducted, at which time the lead becomes a prospect.
                                                   6) If the prospects want to move forward, an application is started for
                                                   each roommate.
                                                   7) If the applications are approved, a lease is generated and sent to the
                                                   prospects to sign.
                                                   8) The prospects sign the lease, which is then countersigned by Ollie,
                                                   and a move in date is solidified.
                                                   9) The CEM onboards the new residents for platforms that support
                                                   Ollie services like Ollie Social admin and Ollie Living admin.
                                                   10) The Community Engagement Manager ("CEM") sends a welcome
                                                   email to the new residents that details important pre-move in
                                                   information (about cable and WiFi, electricity setup, etc.), and a
                                                   prompt to download the Ollie Living App ("OLA"), where the residents
                                                   complete the onboarding process by learning more about Ollie's
                                                   services and scheduling an in-person orientation with the CEM on a
                                                   date that's convenient for them (on their move-in date or sometime
                                                   thereafter).
                                                   11) On the resident's move-in date, we ask that they arrive between a
                                                   certain timeframe, give instructions on where they and their movers
                                                   should park, and ask for a valid ID before issuing keys/fobs.
                                                   12) Onboarding complete.
                                                   13) Move-in inspection is conducted (i.e. documenting the condition of
                                                   the unit/bedroom, familiarizing residents with how to use the in-unit
                                                   technology, maximize efficiency of appliances, how to dispose of
                                                   trash/recycling.

© 2020 Ollie                                                                                 Confidential. Not for distribution. 18
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QUESTIONS AND ANWERS (management)
                            Question                                                                    Answer
 Will the property have an onsite manager?                               Yes

 Do you have any experience with mixed verses same sex floors?           We operate properties that fall under multifamily zoning and code
                                                                         requirements. Therefore our properties are a mix of sex on all floors.
                                                                         All our properties are open to the general public to lease and everyone
                                                                         in the community who legally qualify per local rental standards.

 What is the process for reporting/requesting a maintenance requests?    In-unit and/or in-building maintenance requests are handled by
                                                                         residents submitting work orders through the Ollie Living App ("OLA");
                                                                         they're processed through the property management system, and then
                                                                         closed once the work order is completed. It's also important to note
                                                                         that while most residents will utilize technology to report a typical
                                                                         maintenance issue, residents may reach out by phone as well.
                                                                         Emergency maintenance requests are encouraged to be reported by
                                                                         phone.
 How does Ollie handle trash collection (How does it get from the unit   Ollie will have designated door pick-up days for trash/recyclable pick-
 to the trash/recycling bins)?                                           up outside the resident's unit, where one of our staff members will
                                                                         pick up every night and put into the main trash/recycle bins on the
                                                                         ground floor. Our staff will also put the filled trash/recycle bins to the
                                                                         curb once a week for the waste management company to collect and
                                                                         then return the empty trash/recycle bins back to the designated area
                                                                         on the ground floor of the building.

© 2020 Ollie                                                                                                         Confidential. Not for distribution. 19
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QUESTIONS AND ANWERS (management)
                            Question                                                   Answer
 What is the process for reporting a problem?             Problems are typically handled by residents emailing or speaking with
                                                          the General Manager ("GM") or CEM, who handles the problem with
                                                          support from Ollie's Hub team.
 How does Ollie manage noise complaints from neighbors?   First, we encourage residents to speak to one another as a first step to
                                                          allow the opportunity for neighbors to discuss this with one another. If
                                                          that doesn't solve the issue and the situation is brought to our
                                                          attention, we would first gather details from the resident with the
                                                          complaint, asking them to document their concerns in writing- listing
                                                          as much detail in terms of dates, times, type of noise, etc. We do this
                                                          to ensure that we have a chain of written evidence of the complaint in
                                                          case we need to start eviction proceedings against the neighbor. Prior
                                                          to making an accusation of another resident we would try to
                                                          investigate the concerns in an effort to validate and confirm that the
                                                          conditions that the complaining resident made are accurate.

© 2020 Ollie                                                                                        Confidential. Not for distribution. 20
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QUESTIONS AND ANWERS (amenities)
                            Question                                                                    Answer
 Are the roommate matching parties different than Ollie Social events?   Yes, roommate matching parties occur before or during lease-up of an
                                                                         asset so that potential roommates can meet one another in a public
                                                                         space. Ollie Social events are for Ollie residents to attend that is a part
                                                                         of their rent.
 What do you feel tenants most want? Community? Cheap rent?              Our mission is to humanize housing by providing our residents with the
 Amenities? Modern environment?                                          4 C’s (Cost Savings, Convenience, Comfort and Community). We
                                                                         believe residents want to live in a building that provides more
                                                                         affordable rent, convenient amenity services, and comfortable
                                                                         accommodations, and a management company that creates
                                                                         community through monthly social events.
 How are community events/social programs organized?                     Our Ollie Social Events are specially curated based on the
                                                                         psychographics, demographics of our residents in the building as well
                                                                         as the residents living in the neighborhood around the building. These
                                                                         events are curated by our local Community Engagement Manager and
                                                                         Head of Community Engagement in our Hub office.
 Should extra storage space/lockers be offered?                          Given the amount of packages and shipping that is done in modern
                                                                         living, we suggest that there is some sort of package delivery and
                                                                         storage system, depending on the space availability at the property.
                                                                         This isn’t a requirement by Ollie and depends on what the
                                                                         developer/owner can provide per legal code. For resident storage, the
                                                                         resident that lives with us typically doesn’t have a lot of household
                                                                         goods and the need for additional onsite storage is minimal, we do
                                                                         suggest however having some sort of bike storage if space allows.

© 2020 Ollie                                                                                                         Confidential. Not for distribution. 21
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    THANK YOU
    Raul Alcaraz l Director of Real Estate Partnerships

    Direct: (925) 596-3142 | Email: raul@ollie.co
    2030 Franklin Street Suite 202 San Francisco, CA 94109

                                                              o ll i e . co
© 2020 Ollie                                                 Confidential. Not for distribution.
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