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Article: Cooper Square Realty Inc.: offering a professional advantage in residential property management.(Company Profile)
- Article from:
- Real Estate Weekly
- Article date:
- May 13, 1998
CopyrightCOPYRIGHT 1998 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Residential property management is in a state of evolution. Between the popularization of the cooperative and condominium lifestyle over the past two decades and the constantly changing laws impacting multifamily rentals, co-ops and condos, this industry, once basically responsible for collecting rents and making sure that a building's hallways were clean, has emerged as a respected white-collar profession in which practitioners must perform with expertise in such areas as finance, law, technology, and communications.
As with all evolutionary paradigms, those management companies unable to keep pace have disappeared, either going out of business or being swallowed by ...