5P & 1D New Asset Manager Transition Instructions

April 2, 2019

Please be advised that all properties currently under contract in the 5P and 1D contract areas MUST close on or before April 30th.

Any properties that do not close with SAGE on or before April 30th will transition to the new HUD Asset Manager on May 1st.

Effective May 1st, Sage will not have access to any information on any 5P and 1D properties and will not be able to assist with scheduling closing.

Should you have questions about a 5P property under contract after May 1st, please contact the New Asset Manager, Residential Enhancements at 1 (844) 247-KEYS by phone or at [email protected] via email.  

If you already have a scheduled closing in these contract areas, please confirm that your closing agent uploaded the closing package to the Yardi P260 portal. This will avoid delays with your closing. Questions regarding properties currently listed or properties that are being prepared for listing should be directed to the new Asset Manager, Residential Enhancements.

We have enjoyed working with all of you.

Thank you,
Sage Acquisitions

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