Panama City Awards Luncheon Winners for 2019

Panama City’s Awards Luncheon was scheduled for March 20^th, 2020. This is an event that we all look forward to and a chance to celebrate the hard and very much appreciated work from our employees. Unfortunately, due to the COVID-19 Pandemic, this year’s Luncheon was cancelled. Since the cancelation, we have continued to watch all of you excel under unprecedented circumstances. Now more than ever we want to be sure that your dedication does not go unnoticed.

The following properties have an average occupancy between 96% and 100% for 2019:

Occupancy of 96%

Briarwood I
Conecuh Bluffs
Cottondale Village
Gateway of St. Joe
Glendale Apartments
Harbour Place
Lake Butler
Lakewood II
Oakdale Apartments
Prairie Oaks
Rocky Ridge
Timbers Apartments
Trenton I

Occupancy of 97%

Abbewood Apartments
Century Woods
Goodbread Hills
Heritage Apartments
Lakeridge Apartments
Pelican Pointe
Southern Villas of Apalachicola
Trenton II
West Meadow I & II
Wind Meadow

Occupancy of 98%

Alabaster Gardens
Bent Creek II
Brookmeade Villas
Crestview II
Graceland Manor
Heritage Villas
Hunters Run
Lakewood I
Mission Hills
Reserve at Kanapaha I
Sand Dunes
Southern Villas of Starke
Sutton Creek

Occupancy of 99%

Bent Creek I
Camellia Gardens
Casa Del Mar
Crestview I
Eastpoint Apartments
Fairfield Manor
Hallmark Apartments
Pine Meadow
Reserve at Kanapaha II
Sawgrass Apartments
Village Oaks I & II
Villas of Lakeridge
Woodridge Apartments

Occupancy of 100%

College Arms II
Gatewood Apartments

All of our Managers and Maintenance Supervisors are a valued asset to our team. We appreciate all your hard work and dedication to your communities, team, residents and Royal American. We are proud to announce the recipients of the following awards:

The Administrative Award

James Elsesser
Rebecca Harter
Rhonda Hiser
Terri Holley
Sandra Johns
Amber Roger-Plant

Maintenance Award

Mark Missilidine
Ed Treverrow
Cody Gibson
Steven Spencer
Kent O’Neal
Stephen Witt

Team Spirit

Brookmeade Villas
College I & II
Goodbread Hills
Hallmark Apartments
Sawgrass Apartments
Sutton Creek

Resident Relations

Fairfield Manor
Hallmark Apartments
Reserve at Kanapaha I & II
Three Rivers

Perfect Audit

Addison Place
Alabaster Gardens
Brookmeade Villas
Century Park
College II
Edgewood Gardens
Gateway of St. Joe
Glendale Apartments
Graceland Manor
Hallmark Apartments
Pelican Pointe
Reserve at Kanapaha I
Sawgrass Apartments
Trenton I
Village Oaks I & II

Outstanding REAC

Century Woods
Orangewood Apartments

Most Improved Property – Lakewood I Apartments

What did the staff at Lakewood I do to qualify for the Most Improved Property?

Manager, Patti Masters and Maintenance Superintendent, Darrell Heath worked hard to turn units as quick as possible to reduce vacancy loss and watched their expenses to come within the budget each month. The two worked as a team to accomplish the great numbers listed below.

Improved Occupancy from previous year and budgeted percentage.2019 is 98.2%
2018 was 98%
NOI must be higher than previous year and better than what was budgeted.20.56% over what was budgeted
11.37% growth over 2018
Audits of any type must be satisfactory or higher.
Cash flow must be higher than the previous year. 2019 cash flow was $20,238
2018 cash flow was -$5444.00

The numbers reflect the priorities as individuals and the importance that you have placed on doing a good job. You should know that we are grateful for everything that the two of you have done at Lakewood I and you should be very proud of your accomplishments because we are proud of you!!

We are extremely happy to announce that the nominee for Property of the Year is…

Drum Roll, Please!!!!!

Fairfield Manor

Fairfield Manor is a 92 unit Senior Community lead by Manager April Ward, Maintenance Supervisor Antwan Atchison and Assistance Manager/Maintenance Tech Sherrie Whiteside.

“There’s a difference between interest and commitment. When you’re interested in doing something, you do it only when circumstance permit. When you’re committed to something, you accept no excuses, only results.”

The below triumphs show that this great TEAM is committed to showing results.

This Staff managed to maintain an average occupancy of 99% for the entire year.

They also kept their economic occupancy at an impressive percentage by maintaining an average delinquency of 1.78%.

This along with excellent management and financial understanding of the property lead to a 14% increase to their net operating income over last year and they beat their net operating income by 9%!!!

Special thank you to the staff at Fairfield Manor for these outstanding achievements.

We truly appreciate your commitment to excellence to enhance the overall performance at Fairfield Manor. Your dedication, enthusiasm and hard work does not go unnoticed.

Congratulations on your success!!!

In closing we would like to Congratulate this year’s award recipients and remind all of you that you are valuable and important. Please keep your head up and continue to be the amazing teams you are. We look forward to seeing everyone next year and to celebrate the amazing progress we know that you will all make over this current year.