Secrets to Successful Property Management

COSTA MESA, CA—What makes the difference between a good property manager and a great one? That topic and others related to property management were addressed at yesterday’s IREM Orange County‘s Asset Management Roundtable: “A View from the Top: What do Asset Managers Really Think?”

GlobeSt.com and a packed room of attendees listened as moderator Chris Hite, president and CEO of Coreland Cos., asked panelists what makes a great property manager. Drew Stepanek, VP of asset management for Stockbridge, said it’s important to “have an opinion. A property manager has their eyes and ears on the ground. It takes a strong personality and an open partnership with the property owner. Communication is important—talk to me like you’re an expert on the property.”