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Providing services: Accounting, Corporate Training, Business Consulting, Management Consulting, Budgeting, Financial Accounting, Financial Analysis, Financial Reporting, Commercial Real Estate, Property Management
Summary: Experienced executive with a demonstrated history of 38 years working in the real estate industry comprising multiple product types across the United States. Skilled in Portfolio and Property Accounting, Acquisition and Disposition Accounting, Asset On-boarding and Off-boarding, GAAP + Fair Value Accounting, Budgeting, Cash Flow, and General Ledger. Strong analytical, communication and staff training skills. Accounting systems experience includes Yardi Voyager, MRI, CTI, Timberline, Skyline, QuickBooks, and RealWorld. REPRESENTATIVE ASSET CLASSES (AUM - $10 Billion +) • Office (Classes A and B, high-rise + mid-rise, CBD, + suburban) • Retail (Class A regional mall (Copley Place, Boston), strip centers, lifestyle center development) • Industrial (Bulk warehouse, distribution, + last-mile) • Residential (Multifamily apartments, condominium associations, cooperatives, affordable+ subsidized housing) • Health care (hospitals, skilled nursing, assisted living, and medical office) • Mixed-Use REPRESENTATIVE ROLES AND RESPONSIBILITIES • GAAP and Fair Value financial statements • Annual budget + reforecasting; budget variance analysis • Acquisition + Disposition Accounting • Same-store analysis • Cash monitoring, forecasting, reporting, and reconciliations • Rent roll audits • Vendor maintenance + 1099-MISC • Accounts receivable and payable oversight • Payroll and related tax filings • Tenant expense recoveries (CAM) • Retail percentage rent calculations, sales reporting, health ratios • Management fee calculations • Lender financial reporting • Internal custom reporting • Internal controls and procedures • Sarbanes-Oxley compliance • Primary point of contact with external financial auditors, tax accountants, bankers, + attorneys • Interview, hire, train, supervise, manage, mentor, develop employees • Performance evaluations + goals assessments • Administrator of employee benefits (health, dental, life, long-term disability, short-term disability) and corporate insurance policies • Primary Administrator + co-trustee of employer sponsored 401(k) Plan • Treasury functions • Corporate controller duties
Providing services: Architecture, Project Management, Interior Design, Landscape Design, Property Management, Real Estate, Commercial Real Estate
Summary: As a project manager with over 10 years of experience in the architecture and planning industry, I excel in both project and operations management, adeptly steering the design and execution of projects nationwide. My expertise spans residential, retail, transportation, justice, and science and technology projects, enabling me to approach each new challenge with versatility and innovation. In my role, I excel in operations management, meticulously overseeing staffing and work allocation to ensure the team is well-organized and tasks are assigned based on expertise. I work hand-in-hand with the managing principal on strategic planning and operational challenges, providing regular updates and addressing issues to ensure smooth project execution. My experience extends to global projects, where I have successfully managed financial proposals and coordinated complex logistics. I hold a Master of Architecture (M.Arch) from the Boston Architectural College, which has honed my skills and deepened my knowledge. My Bachelor of Architecture (B.Arch) from Universidad Peruana de Ciencias Aplicadas (UPC) provided a robust foundation in design and technical aspects. Throughout my career, I have been dedicated to delivering excellence and fostering innovation. I thrive in collaborative environments, working closely with clients and multidisciplinary teams to transform visionary concepts into reality. My goal is to create functional, sustainable, and aesthetically pleasing spaces that meet the unique needs of each project. I am eager to bring my extensive experience in project and operations management, along with my commitment to excellence, to your team, contributing to the creation of outstanding architectural solutions.
Providing services: Real Estate Marketing, Real Estate, Property Management, Commercial Real Estate, Relocation
Summary: I’m a real estate agent with Cameron Real Estate Group in Wakefield, MA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Providing services: Career Development Coaching, Diversity & Inclusion, Executive Coaching, Leadership Development, Healthcare Consulting, Management Consulting, Project Management, Strategic Planning, Property Management, Change Management
Providing services: Real Estate, Real Estate Marketing, Relocation, Property Management
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Providing services: Real Estate, Estate Planning Law, Commercial Real Estate, Property Management
Summary: Detailed Oriented Civil Engineer with 1 year designing and executing construction plans in new technology systems. Certified OSHA registered under United States Department of Labor. Advanced skills in creating ideal frameworks and structures that exceed customer expectations while adhering to prescribed budgetary requirements. Civil Engineer skilled in both private new construction and remodeling projects. Project Management Professional with 3+ years focusing on meeting sponsor requirements within agreed-upon timelines in budget. Experience in commercial and advanced building projects.
Providing services: Management Consulting, Engineering Design, Project Management, Commercial Real Estate, Real Estate, Property Management
Providing services: Financial Accounting, Change Management, Budgeting, Customer Service, Customer Support, Program Management, Project Management, Strategic Planning, Property Management, Commercial Real Estate
Summary: As Project Executive at the Holt Construction Corp., I have 18 years of experience in managing complex and diverse construction projects in the aviation, financial, data center and manufacturing sectors. I have successfully executed crucial concession programs, ground-up construction on airport tarmacs, and significant renovations for various clients all across the United States, ensuring timely completion, quality, and safety standards. I have a deep knowledge of construction, airport operations, manufacturing processes, business process improvement, and regulatory compliance. I am proficient in Procore, a leading construction management software, and have obtained certifications in project management, financial management, and workplace safety. I am passionate about ergonomics, building wellness, and customer service, striving to deliver solutions that enhance productivity and wellbeing for the end-users. I am also a Massachusetts Unrestricted CSL, Massport Authorized Signatory, MA Notary Public, OSHA 30, First Aid, CPR and AED certified professional.
Summary: My career spans 28 years in which I have been involved in the acquisition, leasing, development, master planning, financing and sale of over $10 Billion in real estate assets located throughout the Eastern United States. I began my real estate career as an asset manager for CBRE/Whittier Partners. I later joined Glenborough Realty Trust a NYSE (GLB) traded REIT where I was responsible for 5 million SF of office and industrial properties in the Massachusetts, New Jersey, Pennsylvania, Washington DC, Virginia and Maryland markets. I next joined Goldman Sachs covering the Boston and Washington DC markets in an asset management role working on opportunistic real estate projects. I spent the last 11 years of my career at Equity Office Properties, a Blackstone subsidiary working in the Boston, New York, Atlanta, Orlando and Columbus markets as a Senior Vice President of Portfolio Management. At CB Equities, we are looking to be the operating partner for institutional investors for office and industrial product in major cities along the East Coast.
Taking care of multiple properties, whether residential or commercial, can be time-consuming and stressful. Not every landlord needs to use property management services, but those who have several properties, or a portfolio of properties across several Boston-area cities, may find that hiring a property manager makes sense financially and in practical terms.
Property managers deal with prospects and tenants. Their services can range from marketing a property and vetting prospective tenants to collecting rent, dealing with any required maintenance and repairs, and handling issues with arrears and evictions.
You may find it beneficial to hire a property manager if you have properties on both sides of the Charles River or spread across different areas of Greater Boston. Traveling to collect rent and deal with minor tenant issues takes time away from other tasks, and a property manager could help you stay on top of things as your portfolio grows.
You may need a property manager if:
Property management services vary significantly in terms of what they offer and their pricing structure. If you've decided to find a property manager, you should take some time to shop around. This is true for both residential and commercial property management. Don't simply search for "commercial property management near me" and go with the company at the top of the results.
Consider what you want your property manager to do, whether you need an assistant property manager, the size of your portfolio, and your budget.
Your property manager is going to represent you in your dealings with current and prospective tenants. This means it's important to find a property manager you can trust to act as your representative.
Before hiring a property manager, consider asking some of the following questions:
The way property managers handle fees can vary significantly. Some property management companies charge a flat fee per property, while others charge a percentage of the rent they collect. Some companies have tiered pricing and charge a smaller percentage for landlords with several properties in their portfolio.
Remember that your property may not always be occupied. As of August 2020, the average rental vacancy rate in the United States is 5.7%. Ask each prospective property management company if they offer a discount for vacancies.
Property managers typically charge fees of between 5 and 12% of your monthly revenue. A good property manager should pay for themselves many times over by saving you time and making you more money.
Your property manager should help you with the following:
Filling property vacancies is one of the most important jobs of a property manager. Finding suitable tenants for apartments or a commercial property takes time. While it's likely that any for-rent ads will get a response, not all tenants are desirable.
A property manager should do the following:
A property that's sitting empty is an unnecessary expense for any landlord. Not only are unoccupied properties not generating income, they could be a security or safety risk. Empty properties may attract vandals or squatters and could also require extra maintenance or repairs if left unoccupied for extended periods.
It's important to fill empty properties promptly and have someone check on vacant properties regularly to make sure they remain in good condition.
Property managers who are paid a percentage of the rental income have an incentive to fill vacancies in a timely fashion with tenants who pay their bills promptly. This means they're unlikely to waste time finding new tenants when a home or apartment on their books is vacated.
Use this to your advantage, and look for a reliable local property manager who has a track record of filling properties. An established and reputable property manager should have a good database of properties and tenants. Many families stay with the same property manager as their family (or income) grows.
Filling vacancies is an important step, but the work does not end there. Once a tenant has moved in, a property manager will collect rent from them and keep track of ongoing payments.
While this may not sound like a major concern if you have just one or two properties, for someone with a much bigger portfolio, having all of your payments handled by a third party can make life much easier.
A property manager will keep track of incoming payments, handle deposits (and refunds at the end of a tenancy), and also monitor tenants who fall into arrears.
Landlord/tenant laws can be confusing, and a property management company can help you manage your tenant relationships in a way that is assertive yet compliant with the law. This means collecting arrears and starting eviction processes when necessary and protecting your financial interests while respecting the legal rights of the tenants.
In an ideal world, you would never need to chase a tenant for arrears or start eviction proceedings. Should a tenant fall behind on payments, however, you will need to follow due process to collect those missing payments and evict them.
Your property manager will ensure that tenancy agreements, contracts, and other paperwork are all in place and will make sure that should your tenant end up in arrears, the paperwork is in order to evict them.
As a landlord, you have a responsibility to ensure that your properties are in a good state of repair. Under Massachusetts law, landlords must provide habitable premises, and there are requirements for accommodation standards, maintenance, and the timeliness of repairs.
If you're new to being a landlord and don't have a lot of property maintenance experience, keeping up with the maintenance and repairs on even a small number of properties may be a challenge.
Even experienced landlords can struggle with bigger property portfolios or when they add commercial properties to their list.
Landlords who have a significant roster of revolving tenants, such as those who manage properties in areas with substantial student populations, may find the burden of dealing with end-of-tenancy repairs and cleaning to be too much for them.
Property managers ease this burden by either carrying out these tasks or contracting with a third party to handle them. They also inspect properties, perform routine maintenance, and deal with returning deposits when tenants move out.
Property managers are useful for landlords who own a lot of properties spread across a specific geographic area. They are even more useful for landlords who own apartment complexes or other multifamily properties.
Some landlords get their start by purchasing a multifamily property, living in one unit and renting out the others. This arrangement can work for someone early in their career, but as a landlord becomes more established, one of the first steps they often make is to move away from their tenants.
Being constantly available to tenants is not always a good idea. While there are some perks to being close to your tenants, since you can keep an eye on the property and make sure that the tenants aren't abusing it, many tenants struggle with boundaries and may try to pull their landlord into personal troubles, disputes with neighbors, or even financial issues. Some landlords find it hard to evict a tenant who has been using them as a shoulder to cry on, for example.
Using an on-site property manager gives you the best of both worlds. The property manager can act as a caretaker, looking after the complex and dealing with day-to-day issues. Since caring for the property is their job, and they have a boss to report to, maintaining boundaries is easier.
As a landlord, you get the peace of mind of knowing there is someone keeping an eye on the property at all times. Your tenants feel looked after because they have someone to contact when they have questions or issues, and you're free to focus on growing your portfolio instead of micromanaging a few properties.
There are more than 280,000 property management companies in the United States, so it's clear that there's a demand for the services they offer. Not all property managers are suited to all landlords, however. Consider the following when choosing your property manager: