Related owns and operates a premier portfolio of high quality assets valued at over $15 billion, consisting of a diversified mix of real estate properties. Our operating portfolio includes 24 luxury rental buildings with approximately 6,000 units, over 9 million square feet of commercial properties, and approximately 35,000 affordable housing apartments located throughout the United States.
Related developed a majority of these properties ensuring that they are the best assets in their respective submarkets. In addition, we provide a diligently maintained management platform to ensure we exceed our resident and commercial tenants’ expectations. Related’s focus on and commitment to providing the best customer service inspired us to develop RelatedStyle Services®, an exclusive suite of lifestyle-orientated benefits for our luxury rental residents.
Given our unique position as owner and operator, Related has also been a leading innovator in managing real estate assets. We were the first to offer a 100% online, paperless leasing option and among the first to invite our residents to pay their monthly rent and fees electronically, via credit card or automatic bank withdrawals. Additionally, we have been at the forefront of sustainable development and property management, with most of our new developments pursuing LEED Silver certification and all of our luxury rental properties utilizing green cleaning and maintenance services.