Holland said development offers property managers a way to enhance their business are really make a difference to property owners' ROI.
SAN DIEGO—Partnering with experts to enhance development services is one way property managers can augment their offerings and add to their bottom line, Sunrise Management & Consulting's Jesse Holland told attendees at IREM's Fall Conference here Friday. Holland led an iTalk session entitled “A Lesson in Development,” which showed how his Albany, NY-based firm moved from being simply property managers to also being developers.
“Property managers can morph into developers when the situation arises and redevelopment is needed,” said Holland. He added that getting ahead of the development process by bringing property-management knowledge into the development process can save real estate owners money. Property managers can also charge a consulting fee if they come into that process early—often up to $10,000, depending on how their expertise is used.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
