Team at First Realty Management in Boston, Massachusetts

First Realty Management Team

At First Realty Management, we take pride in having one of the best teams in the property management industry. With 70 years of experience and a high-performance skill set to match, our team knows what it takes to produce superior results for each of our properties. Many of our talented individuals even live in the properties we manage to get firsthand experience and the knowledge our Board needs to continue to improve our communities everyday. Through working with property owners, residents, housing agencies, developers, and nonprofit boards, our team has the skills needed to align everyone involved and create quality communities together.

First Realty Management

151 Tremont St Ph 1 Boston, MA 02111


William M. Kargman

William M. Kargman | CEO

William M. Kargman is the company owner, President and Chief Executive Officer. He holds a JD from Boston College Law School, an MBA from Columbia University and an AB from Harvard College. A member of the Massachusetts and Federal Bar Associations, he is past president of the Rental Housing Association of the Greater Boston Real Estate Board, and is also past president of the National Affordable Housing Management Association. He was a member of the National Housing Preservation Task Force and has been a frequent panelist and contributor to national conferences on housing. He has established a company culture that encourages both entrepreneurship and a flexible collaborative team approach to property management.

Frank Cevetello

Frank Cevetello | COO

Frank Cevetello, CPM®, has been the company Chief Operating Officer since 2016, following 20 years as Vice President. As COO, Mr. Cevetello is responsible for all day-to-day operations throughout the company and reports directly to owner and CEO Bill Kargman. Prior to joining First Realty he was a principal of a firm that specialized in the management of luxury condominium and rental properties in Boston’s Back Bay, South End and adjacent neighborhoods. He began his property management career in Washington, D.C. more than 30 years ago. He has an extensive background in every aspect of residential housing and holds a Massachusetts Real Estate License.

Kathryn Kargman Holden

Kathryn Kargman Holden | Vice President

Kathryn Kargman Holden is a Vice President of First Realty Management. She has an undergraduate degree from Harvard, a J.D. from Boston College Law School and an MBA from Cornell. Prior to her time at First Realty Ms. Holden practiced corporate law and worked with emerging growth companies on matters that ranged from debt and equity financings to mergers and acquisitions. While at First Realty, Ms. Holden has worked with senior staff to further enhance the service that we offer to the properties that we manage and to identify and implement internal changes that benefit our clients. She oversees a portfolio of residential and commercial property in addition to overseeing training, communications, and business development initiatives. Ms. Holden is the grand-daughter of company founder Max Kargman.

Jeremy Baker

Jeremy Baker | CFO

Jeremy Baker, Chief Financial Officer, oversees all finance and accounting functions for the company, leading a team to produce comprehensive monthly financial reports for owners and boards of all managed properties. He also serves on the company’s Risk Management team. Prior to joining First Realty, Mr. Baker worked at the Kensington Investment Company in Boston, A.G. Edwards in St. Louis, and for Fleet Bank in Boston. A native of Australia, Mr. Baker attended college in Melbourne where he earned a master’s degree in business administration from the Griffith School of Business and a graduate diploma in business administration from Griffith University. He has also earned his Series 7 license and completed an investment banking analyst program.

Sheila Spellman

Sheila Spellman | Director, Condominium Division

Sheila Spellman, ARM, AMS, CMCA, CPMC, Director, Condominium Division, has more than 25 years of experience in multi-site residential property management, including condominiums, cooperatives, tax credit properties and housing for the elderly. In addition to her undergraduate degree, she holds an MBA from Suffolk University, is a licensed real estate salesperson in Massachusetts, and a certified paralegal. Ms. Spellman has earned certifications as an Accredited Residential Manager® (ARM) by the Institute of Real Estate Management, and her Association Management Specialist (AMS) certification from the Community Association Institute — New England. She is also a Certified Manager of Condominium Associations (CMCA), as well as a Certified Property Manager.

Cheryl Piper

Cheryl Piper | Director, Marketing

Cheryl Piper, Director of Marketing, has more than 30 years of experience in multi-site residential property management. She also has extensive marketing experience from years of serving as First Realty’s Director of Marketing. A licensed construction supervisor, Ms. Piper previously owned her own company and served as a general contractor that specialized in single and multi-family residential construction and full service project management. She is also a licensed real estate broker with a background in both residential and commercial brokerage, and holds a Bachelor of Science in Management/Marketing from the University of Massachusetts.

Whitney Moran

Whitney Moran | Director, Human Resources

Whitney Moran, Director of Human Resources, responsible for all programs related to staffing, employee relations, compensation and benefits, has 20 years of experience in human resources administration and training with a diverse employee population. Ms. Moran is professionally affiliated with both the New England Human Resources Association and the Society of Human Resources Management and holds a certificate in Benefits Administration. She is a graduate of the University of Virginia.

Diane Bernath

Diane Bernath | Director, Construction Supervision

Diane Bernath, Director of Construction Supervision, joined First Realty in 2006. She has some 20 years’ experience managing construction projects in the field, laboratory and office, including contract supervision, working with architects, local and federal officials, building inspectors, and public safety officials. Her skills include developing specs and estimating costs for physical improvements and expertise in all aspects of site development and maintenance. Ms. Bernath holds a BS in Environmental Science from Stockton State College in New Jersey.

Woman leading meeting at First Realty Management in Boston, Massachusetts

Let Us Be Your Property Management Solution

We strongly believe that residents and owners should never have to worry about maintenance issues. If a request is submitted, you can trust that any complication will be handled quickly and efficiently by our incredible 24-hour Emergency Response Team. We help your property run smoothly, allowing you to spend your free time doing what matters most to you. We are proud of our swift and intelligent response team who keep our residents and property owners happy, which in return provides the Board with a maximum return on their investment.