Blog Post

Who We Are

September 18, 2019
WHO WE ARE
Who we are as a company has been carved, sculpted and polished over our 20 year existence as Graystone Properties. Our mission is to pursue investments and create management that results in successful business ventures, quality community living environments, and thriving commercial properties. In short, who we are is what we do and how we do it. We are committed to our value-add strategy and creating a management style that best benefits our customers.

Our History & Today
Graystone Properties started out with just one mobile home park and one apartment complex in 1997. Dave Rush, president and founder of Graystone, spent long hours on-site wearing many hats. His CPA and construction background allowed him to act as the founder and president, accountant, leasing agent, maintenance person, customer relations, marketing manager and more. Through his hard work, he transformed rental properties to communities where his residents were proud to call home. Value was added by creating outdoor areas for the customers to gather as well as improving construction quality over time. And it worked! Over the years, the company grew and acquired additional properties, focusing on apartment communities. As the growth evolved, so did Graystone’s focus. So in 2015, Graystone Properties divested the mobile home communities and developed the commercial real estate. Currently, at the start of 2017, we are proud of our portfolio that now includes the commercial side, where we own and manage Lakehurst Plaza, Esperanza, Westbrook Plaza, Summit Pointe Plaza, and Kelley Pointe and the Hartford Apartments representing the residential side. Our property map spans from the southern tip of Oklahoma City limits to Edmond, Oklahoma.

What We Do
We aren’t just a real estate holding company. Sure, we acquire properties, collect rent, and manage those properties with the occasional selling of a property, but we believe we do more. We bring a human element to an industry that can be cold. We take properties that need some work and develop their potential, whether that be exterior or interior design or management of the property. After creating value to our acquired property, we ensure tenant satisfaction by being timely and efficient with maintenance requests. This has improved recently with the addition of a tenant online portal provided by Appfolio, where our tenants can log in to their account and create work orders and attach photos.

Going The Extra Mile
We go even further than just saying we are a value-add investment company. Value-add doesn’t reflect the bonds we make with our customers, the time we put in to quickly fix maintenance issues or the marketing promotions we run that benefit the new and, more importantly, existing customers we have. Our residential and commercial tenants are people, and that’s forgotten by companies looking at their bottom line. Our residential property clients, after a long day of work, come to our apartments and call that “home.” When you know that your customers come to your property and are happy with the value you provide, you can’t beat that feeling. That feeling is what we chase every day. We fully believe in our product and method.

Who we are is what we do and how we do it. We acknowledge the business of real estate investment; our main focus is the people within our properties.

 

Like what we do or want to find out more? Be sure to Follow us on LinkedIn and Like us on Facebook


Like what we do or want to find out more? Find us on LinkedIn, Facebook and Twitter!

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OKC RANKED AMONG THE BEST CITIES FOR SERIAL ENTREPRENEURS

September 18, 2019
Oklahoma may be known for their livestock, oil, and a Broadway musical, but the state’s capital city might be gaining a new reputation. According to Small Business Trends , Oklahoma City is one of the best cities for serial entrepreneurs. Small Business Trends looked across the country to find cities where you can find large concentrations of serial entrepreneurs— those who have started three or more businesses prior to the one they run today. By weighing factors like “the percentage of serial entrepreneurs to the overall population in the metropolitan areas of the United States with over 50,000 people… industry clusters, lifestyle, infrastructure, costs and workforce availability,” OKC climbed all the way up to #4 for serial entrepreneurs! Oklahoma City’s ranking sits behind Salt Lake City, Miami and Denver, while beating out Dallas, Tampa, Raleigh, Orlando, Seattle and Portland. Oklahoma City has 2,422 serial entrepreneurs, which makes up .18% of the population. If you’re an entrepreneur looking for a professional office, check out our availability at Wilshire Gardens Office Park , or jump on our waiting list for Smartsuite Executive Offices!

NEW ADDITION TO THE GRAYSTONE FAMILY

September 18, 2019
On July 31st, Graystone Properties added the Wilshire Gardens Office Park, located at 425 W Wilshire Blvd., to our office portfolio. This property will be a key component to our future growth and we are excited to engage with our new tenants. Wilshire Gardens is a 4 building office park located between Nichols Hills and Broadway Extension on Wilshire Boulevard. From individual executive offices to large company suites, Wilshire Gardens is capable of hosting companies of multiple sizes. Graystone Properties plans to update the building’s facade, landscaping, office common areas and office suites. Nick Gray with Kevo Commercial represented Graystone Properties, while Amy Dunn with CBRE represented the seller, Rodger & Rodgers Living Trust. The property was purchased at $1,749,000 and was closed at The Oklahoma City Abstract & Title Company. More information about Wilshire Gardens can be found at www.wilshiregardensokc.com.

WALLETHUB CALLS OKC THE BEST LARGE CITY TO START A BUSINESS IN

September 18, 2019
If you asked everyone you know which large cities are the best for startups, you would probably hear plenty of mentions of San Francisco, Boston, Seattle and New York City. Despite those cities’ reputation as hubs for innovation and tech startups, those cities didn’t make the top 30, according to a new report from the personal finance website, WalletHub. WalletHub analyzed 182 U.S. cities across 19 key metrics, such as cost of living, office space affordability, startups survival rates, and quantity of investors. So, which city could possibly be No. 1? Oklahoma City took the top spot for the second year in a row. From the rise of coworking spaces to the resources provided by our chamber of commerce, it’s no surprise to see our startup community thriving.
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