ICO Property Management oversees all internal and multiple, third party properties. ICO personnel combine professional experience with warm, courteous demeanors to ensure that tenants are so impressed with service levels they continue to lease from us.
ICO’s proprietary database of property values, lease rates, occupancies, and other “soft” data allows individual property managers the unique ability to enhance value through micro rental rate adjustments. Additionally, ICO’s deep Utah market knowledge, combined with bringing to bear the best of outside market experience in amenities and project features, enables ICO to present each asset in the most positive way possible, translating into occupancy, rental rate, and other Net Operating Income generating advantages.
On the management cost side of the equation, ICO has also benchmarked properties from the Chicago, Dallas, Denver, San Francisco, Orange County, Portland, and Seattle markets. ICO’s construction teams have backward engineered design features, building systems, HVAC, plumbing, electrical, roofing, and other building features. ICO applies these learnings in a unique, comprehensive way to design and build structures that optimize cost over a project’s life, resulting in Lowest Lifetime Total Cost of Ownership (LLTCO™).
While tax rules vary across investment situations, ICO considers after-tax returns when making all its investments.
Investing innovation has exploded over the last several decades. Technology has enabled and will continue to enable new approaches such as high-speed trading, increasingly fine niche strategies, ETF market surrogates, etc. Despite this, ICO does not feel the need to fundamentally change its value-based investment philosophy and processes, grounded in approaches developed decades ago. Patient analysis and adherence to a value-based discipline will continue to outperform versus other investing disciplines over a market cycle.