FOR IMMEDIATE RELEASE

Contact: Kim Ingram

(713) 468-4162 x26

kim@lsrcommunities.com

 

Developers and Property Managers Set Up Inventive Program to Shorten the Path to Home Ownership

HOUSTON – (December 6, 2016) Houston renters have a chance to invest in their future with a program offered by LSR Communities. The property management company is offering a program known as InvestRent on new leases, which allows its residents to use a portion of their monthly rental fees to fund a future purchase of a condominium.

Through InvestRent, renters of the company’s lofts, townhomes, condominiums, and apartments can place up to 25 percent of their rent into an account, in which up to $5,000 dollars can go into a home purchase. The objective of InvestRent is to assist Houston renters with a desire for home ownership achieve their dream. “We understand that many people hope to own a home one day, but may not believe they are quite ready,” said Group LSR President Ben Lemieux. “Our InvestRent program aims to help our clients seamlessly move from one great property to another when the time for ownership is right for them.”

To utilize InvestRent, participants must purchase a condominium developed by Houston-based builder, Surge Homes. Both Surge Homes and LSR Communities are sister companies under Montreal-based LSR GesDev. Surge Homes’ communities are located throughout the Inner Loop of Houston in highly desirable areas such as the Heights, Midtown, Upper Kirby, and the Museum District. Surge Homes uses the highest quality materials in all of its designs, and offers the unique 2-10 Home Buyers Warranty® covering structural and aesthetic features of each home.

Like LSR Communities’ rental properties, Surge Homes’ condominiums, townhomes, and single family homes were created to provide exceptional value at an affordable price. The common benefit of Surge Homes and LSR Communities is that their properties are conveniently located within a short drive or walk of Houston’s most sought-after restaurants, shops, and entertainment venues.

To get started in the InvestRent program, future residents can get in touch with management teams at any of the LSR Communities, which are located in thriving Houston neighborhoods including the Memorial Villages and the Galleria area. Tenants must fulfill the requirements of their lease in order to receive the benefits of the program. For more information on the properties, visit www.lsrcommunities.com.

 

About LSR Communities

With multiple communities in Houston, Texas, in addition to several apartment properties in the Palm Beach County, Florida, area, LSR Communities deliver competitive services and amenities to their tenants. Each community is located in high-energy neighborhoods while still providing a world of sanctum and relaxation within its gates. www.lsrcommunities.com.

 

About Surge Homes

Houston-based residential real estate developer, Surge Homes® is a builder focused on creating new construction homes in the most desirable urban areas. The company ensures that each home embraces superb architecture and innovative interior designs. Surge Homes® is involved in every phase of land development and construction, as well as sales and marketing of its products. www.surgehomes.com.