For Property Managers, Preserving Value No Longer Enough

“For Property Managers, Preserving Value No Longer Enough” ”
Globe Street – Oct 10, 2018

Real estate investments continue to evolve and become more sophisticated, putting pressure on property managers to think and act like owners and asset managers. Simply put, the pressure for property managers to provide added value has increased. That was the message of a panel discussion called “What Asset Managers Want from Third-Party Property Managers” that took place at the 2018 IREM Global Summit Sept. 26-29 in Hollywood, FL. The panel was led by Dustin C. Read, Ph.D., an associate professor of property management and real estate at Virginia Tech, and included Kimberly Collins, associate director for asset services at CBRE, and Bryan W. Furze, VP of asset management for Federal Realty Investment Trust.