COSTA MESA, CA—What makes the difference between a goodproperty manager and a great one? That topic andothers related to property management were addressed at yesterday'sIREM Orange County's Asset ManagementRoundtable: “A View from the Top: What do Asset Managers ReallyThink?”
GlobeSt.com and a packed room of attendees listened as moderatorChris Hite, president and CEO of CorelandCos., asked panelists what makes a great property manager.Drew Stepanek, VP of asset management forStockbridge, said it's important to “have anopinion. A property manager has their eyes and ears on the ground.It takes a strong personality and an open partnership with theproperty owner. Communication is important—talk to me like you'rean expert on the property.”
Scott Felix, EVP of Hutton DevelopmentCo., agreed that personality is important, as well asattitude. But integrity is a property manager's most importantasset, he added.
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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.
