{"id":18657,"date":"2019-05-08T09:54:00","date_gmt":"2019-05-07T21:54:00","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=18657"},"modified":"2019-05-08T09:54:00","modified_gmt":"2019-05-07T21:54:00","slug":"wa-property-management-and-investment-group-collapses","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/wa-property-management-and-investment-group-collapses\/","title":{"rendered":"WA property management and investment group collapses"},"content":{"rendered":"

 <\/p>\n

PHOTO:\u00a0Sterling First<\/strong><\/p>\n

Administrators have taken control of a WA-based property management and investment group straddling more 3500 rental properties in three States.<\/p>\n

Martin Jones and Wayne Rushton from Ferrier Hodgson were put into 12 associated companies under the South Perth-headquartered Sterling First group last week.<\/p>\n

Sterling First describes itself as \u201ca first of its kind company\u201d committed \u201cto creating better lives for all Australians through innovative investment opportunities and housing solutions\u201d.<\/p>\n

The group includes a funds management arm, including Sterling Income Trust, and Rental Management Australia, which manages 3500 rental properties worth $900 million in WA, Queensland and Victoria.<\/p>\n

The collapse has affected about 85 staff across the country.<\/p>\n

READ MORE VIA THE WEST<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  PHOTO:\u00a0Sterling First Administrators have taken control of a WA-basedRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":18658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478105055,478098573,478098512,478098521,478105058,478105053,478105054,478098910,478098579,478098510,478098514,478098575,478098511,478098705,478098533,478098509,478105056,478105057,478098677,478098724],"class_list":["entry","author-data123nz","post-18657","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-3500-rental-properties","tag-apartment","tag-australia","tag-australians","tag-ental-management-australia","tag-ferrier-hodgson","tag-investment-group","tag-property-management","tag-property-market","tag-property-news","tag-propertynoise","tag-queensland","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sterling-first","tag-sterling-income-trust","tag-victoria","tag-wa"],"yoast_head":"\nWA property management and investment group collapses - 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