Penmar Management & Finance, Inc. - Penmar Management & Finance, Inc.
Penmar Management & Finance, Inc. is a unique property management firm that has served property owners, tenants, and investors in the Los Angeles area since 1980. Led by owner Robert K. Green, Penmar Management follows the scientific management principles first articulated by Frederick Winslow Taylor and Henri Fayol as a means of increasing efficiency and producing optimal results. Penmar Management has experienced over 30 years of uninterrupted stability in company ownership and vision, which has allowed the firm to build upon its earned knowledge and strengths.
Penmar Management’s long history of applying empirical methods to serving its clients has resulted in a highly refined system of procedures that are unmatched by any other property management firm. These procedures are designed to rationalize the process of generating rental income from real property, to set clear standards for tenants, and to provide owners with informed advice and hassle-free results. Penmar Management offers an online rent payment system and free electronic transfers of monthly income to owners, streamlined evictions in the event of nonpayment, dispute-avoidant systems for resolving security deposit issues, vendor evaluations based on established track records and market trends, and commission-based listing agents who are motivated to fill vacancies quickly with good tenants at optimal rates. Penmar Management offers owners complete service for all day-to-day operations, from pre-rental inspection and payment collection to resolution of complaints and emergencies. The firm alsooversees unit repairs and distributes year-end 1099s to vendors. In addition, Penmar Management can provide, train, and evaluate on-site management staff where necessary.
Penmar Management serves property owners, tenants, and investors in 26 communities including Palos Verdes, Harbor City, and Long Beach. Property owners can take advantage of Penmar Management’s services without having to sign long-term contracts or pay start-up fees. The firm even offers guarantees that cover all or part of losses incurred by tenant nonpayment. Penmar Management holds membership in the South Bay Association of Realtors, the Apartment Association of California Southern Cities, and the Institute of Real Estate Management.