Business Details
48 Years
experience
Your Trusted Property Management Partner in the Midwest
Triangle Associates has been delivering full-service residential property management since 1978, establishing itself as a trusted partner for property owners across the Midwest. Our team combines over 130 years of collective experience with a commitment to integrity, professionalism, and compliance with HUD programs. We specialize in managing diverse property types, including conventional, Section 8, Section 42, Tax Credit, Senior Housing, and Cooperatives, maintaining a portfolio-wide occupancy rate exceeding 97.5%. Our services encompass property supervision, personnel management, accounting, compliance, contracting, and consulting, tailored to meet the unique needs of each property. We prioritize long-term partnerships, offering regular reporting, budget oversight, and preventative maintenance planning to protect client investments.Our expertise extends to HUD-insured and non-insured properties under Sections 221(d)(4), 221(d)(3) MIR and BMIR, 236, 202, and 811. We collaborate with ownership structures ranging from non-profits to joint ventures, ensuring transparency and adherence to regulatory standards. Our regional managers and HR department oversee site staff, while our technology consulting services enhance operational efficiency. Triangle Associates is a HUD-approved managing agent, a member of industry organizations like the National Apartment Association and Institute of Real Estate Management, and a leader in maximizing property potential through strategic management.
Services
Property Supervision
Personnel Management
Accounting Services
Compliance Management
Contract Negotiations
Renovation Oversight
Technology Consulting
Employee Training
Purchasing Oversight
Consulting Services
Details
- Year established: 1978
Highlights and features
- We offer 40+ years of experience managing diverse residential properties.
- Our team ensures full compliance with HUD programs and regulations.
- We provide comprehensive accounting and reporting services for financial transparency.
- Our portfolio maintains a 97.5% occupancy rate through strategic management.
- We collaborate with ownership structures ranging from non-profits to joint ventures.
Associations and certifications
- HUD
Services
Property Supervision
Our property supervision includes regular site visits, budget preparation, rent scheduling, and preventative maintenance planning. We monitor collections, occupancy rates, and physical conditions to ensure optimal performance. Our team works directly with site managers to maintain compliance and address operational challenges.
Personnel Management
We oversee all site employees, including recruitment, training, and performance monitoring. Our HR department ensures compliance with labor laws and offers benefits packages. We maintain industry-standard policies to align staff actions with client objectives and regulatory requirements.
Accounting Services
Our accounting team provides bookkeeping, bill payment, financial reporting, and bank reconciliation services. We adhere to GAAP standards and interface with auditors to ensure financial integrity. Monthly reports keep owners informed and involved in major decisions.
Compliance Management
We specialize in HUD program compliance, ensuring properties meet audit and inspection standards. Our software tracks regulatory requirements, and our team prepares documentation to maintain compliance and secure payments.
Contract Negotiations
We leverage an extensive vendor network to secure cost-effective services and supplies. Our team obtains competitive bids, monitors contract performance, and ensures quality control for all third-party services.
Questions
What types of properties do you manage?
We manage conventional, Section 8, Section 42, Tax Credit, Senior Housing, and Cooperative properties across the Midwest.
Are you HUD-certified?
Yes, we are a HUD-approved managing agent with expertise in HUD-insured and non-insured properties.
What services do you offer?
Our services include property supervision, personnel management, accounting, compliance, contracting, and consulting.
Which states do you operate in?
We provide property management services in Indiana, Illinois, Michigan, Ohio, and Wisconsin.
How do you ensure property compliance?
We use industry-standard software and regular audits to maintain compliance with HUD programs and regulations.
What is your occupancy rate?
Our portfolio-wide occupancy rate consistently exceeds 97.5% through strategic management and tenant retention.
Reviews (4)
Katheryn Norris
Mar 11, 2022
Report
Worst Property management company ever! Treats their employees unfair! Gone thru 6 in 2 yrs! Then Boss Marlene fires the employees and lies on them to justify terminations! Could be Bipolar? A Puppet for her Boss! HUD and Depart of labor needs to investigate this company asap! Do not pay employees correctly!
Sam Curran
Mar 07, 2020
Report
We are very satisfied with Triangle Associates Inc - real estate management services! Their professionalism, efficiency, rapidity and kindness effectively always exceeded our expectations.
James Boland
Feb 22, 2020
Report
Triangle Associates Inc - Property management company in Indianapolis was extremely helpful managing our investment property for the last couple of years. Highly recommend!
Curt C.
Feb 08, 2017
Report
Terrible management staff. Lacks checks and balances on tenant accounts. Likes to send out false notices and threatening letters to tenants without verifying or researching prior. Management staff has a discriminating way of dealing with tenants and very rude and disrespectful Kelly appears to be racists and homophobic. Maintenance is fair but does not follow up or able to fix all maintenance issues but state they have fixed it.
Apartment Association has numerous complaints against this management company. Triangle had contract terminated with my current owner due ill management of numerous complaint from tenant against Kelly Ellison. THE WORST!.
Apartment Association has numerous complaints against this management company. Triangle had contract terminated with my current owner due ill management of numerous complaint from tenant against Kelly Ellison. THE WORST!.
