Co-ops and Condos

Co-ops and Condos

R.E.M. Residential has a division devoted exclusively to co-ops and condos. We are proud to have Anton Cirulli head that Division. Mr. Cirulli has almost 3 decades of experience in residential management and his knowledge of the practical, financial, mechanical and structural aspects of a building make him invaluable, especially when capital improvements are necessary.

 

R.E.M. Residential is unique in that we take on buildings for management and not for brokerage. We charge flat fees with no hidden extra charges. Our team is dedicated and we ensure that our agents aren’t overloaded. Our staff respond quickly to shareholders so that boards do not have to field complaints.

 

R.E.M. Residential is proactive and we don’t wait for the board to ask us to do our job. We immediately get to work, checking building systems, and managing all aspects of the property. We provide detailed and accurate budgeting for both the long and short term.

 

At R.E.M. Residential, we are thoroughly prepared for our board meetings with our “orange book” which we submit to our Board of Directors days in advance of meetings. As a result, we are all prepared and meetings flow smoothly and time efficiently.

 

Some of the items we include in our meeting agendas are Open Building Issues, Management Reports, Shareholder Issues and New Business. We ensure that all matters that need to be discussed are on the agenda and fully researched.

 

Because many of our properties are profitable rental properties, we gain a distinct perspective about how to run a building. We think and operate like owners, and our boards benefit from our ability to approach each property from a unique point of view.  We are always mindful of keeping expenses down and never stop seeking cost cutting methods.  Experience has found that using some aspects of rental management brings a unique strength of management style to our team and your property.

R.E.M. Residential is progressive. We believe in using the right tools to maximize our effectiveness. We use Site Compli to monitor complaints, and our boards are automatically notified. For expense tracking and operations, we use Yardi software, which is widely known as the best in the industry. We have a very strong back office and our meticulous property management statements that can be customized to suit your needs. 

 

 

At R.E.M. Residential, we believe in long term planning and we generate and maintain lasting relationships with our boards.

Some of the items that can be included in customized reports are:

  • Cash flow
  • Income register
  • Check register
  • Payables
  • Journal entry
  • GL report
  • Bank reconciliation
  • Bank statements
  • Copies of paid invoices

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