Management Diaries: How Developers Can Harness Property Managers’ Expertise
In a recent episode of the Multi-Housing News' (MHN) Management Diaries podcast, veteran property manager Marc Kotler links the success of multifamily developments to astute property management. Currently helming the New Development Group at FirstService Residential, Kotler boasts an impressive 25-year industry experience.
Throughout the conversation with host Denile Doyle, Kotler discusses the importance of developers understanding the operation of a building, using a pro forma budget as a snapshot of a project's financial health, and selecting and optimizing the right amenities. He also highlights the connection between resident experience and the building's reputation and underscores the critical role of regular stakeholder communication in keeping projects on the right track.
If you're interested in multifamily property development or keen to learn more about this field's nitty-gritty, this episode is a must-listen. You can follow MHN's podcasts on Apple Podcasts and Spotify.
Could be better If:
This blog post provides an excellent summary of the podcast episode. Still, it lacks a deep analysis of what Kotler's insights imply for the future of multifamily developments and the challenges they may face. Additionally, the opportunity to include more SEO-friendly keywords relevant to the property management industry was missed. Readers could also benefit from direct quotes from Kotler's discussion to give the post more depth.,
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