Developing a property from the ground up or rehabilitating existing properties are enormous undertakings that involve many people with diverse goals. Local officials seek compliance with standards, neighbors want to increase the value of their neighborhood, future residents want a property where they can see themselves living, and developers want to know that their hard work will offer promising returns. Property management plays a key role in ensuring that everyone’s goals are met.
First Realty Management has unmatched experience helping developers successfully navigate from construction / renovation through to homeowner control. We have completed large-scale apartment and condo conversions with major renovations in a timely and efficient manner ensuring that residents in place were satisfied. The day-to-day quality of life issues can be considerable and there is no substitute for our particular expertise in minimizing disruptions and maximizing everyone’s satisfaction.
Developers of rental properties rely on our considerable experience with marketing, rent-up and communication planning and implementation. Our team is particularly sensitive to a developer’s marketing and cash flow requirements. This demands a certain flexibility in approach, and the ability to balance the needs of three distinct groups: the development team, and the renters and individual condominium buyers as they move in.