checkmarkHave you received an order to comply with the mandatory retrofit program?
checkmarkAre you feeling overwhelmed?
checkmarkDo you understand the process?

What Can We Do So You Don’t Have To?


As a professional in Los Angeles County, perhaps Portfolio Property Management can help to alleviate some of the headaches that often accompany the ownership of property, help with the paperwork for the Soft-Story Retrofit program, manage the multiple vendors involved to comply with the order, and make sure you are in compliance with the Tenant Habitability Program.

Our company will be able to assist you with rental problems by offering different management procedures, as well as, developing individual property plans to meet your expectations of the property.

Would you like to be done with this property and sell? Our Brokerage Company, Portfolio Properties, can help!
Do you need financing or a renovation loan? Our Lending division, Portfolio Funding, can help!

It’s as easy as 1, 2, 3!

 

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Contact us to get started! 866-282-9041 info@portfolioproperties.com

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We manage the property, the project, the paperwork and the vendors

Complete retrofitting and submit for Seismic Retrofit Recovery Program.

 

Videos


LA City Council Approves Seismic Retrofitting Measure

 
Soft-Story Retrofitting


From the receipt of the Order (Ordinance 183893):

  1. Call Portfolio Property Management.
  2. We coordinate with the engineer, architect, and contractor to evaluate the strength of the building and develop plans for the building’s seismic strengthening and obtain permitting.
  3. We prepare the Tenant Habitability Plan (THP) and notify tenants.
  4. Within 12 months of completing the retrofit work, we submit the paperwork for the Seismic Retrofit Cost Recovery Program.

Compliance Requirements:

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Just a few things we can do for YOU!

  • Soft-Story Project and Renovation Management
  • General Contractors B License
  • We handle the tenants notifications and questions regarding the THP
  • Tenant discounts for services lost during the retrofitting
  • Full Bookkeeping Service
  • Investor and Tenant Portals
  • Property Rent Roll
  • Members of the California Apartment Associate (CAA) We use CAA forms and legal advisors
  • Funded Reserve
  • An Annual Property Operating Data (APOD)
  • Brokerage and Financing Divisions
  • Short Term Loan Financing

Click for the LADBS Information Bulletin for Submittal Requirements:


 
checkmarkStructural analysis/calculation package
checkmarkArchitectural plans
checkmarkStructural plans

Click for the HCIDLA Library of Forms:


 
checkmarkTHP Package for Seismic Work
checkmarkTHP Application for Seismic Work
checkmarkTenant Habitability Plan (THP) Appeal Form
checkmarkTenant Application Addendum for Soft Story Retrofit Work