Archive for the 'Property Management' Category

Redstone is pleased to announce the addition of Kevin Casey, Director of Property Management.

Kevin Casey has always had an interest in real estate, architecture and urban planning. After graduating from the University of Buffalo in 1996 he pursued his graduate work in Urban Planning with a focus on historic preservation at The University of Buffalo School of Architecture and Urban Planning. Kevin moved to Vermont from Buffalo in 2005 and worked for Montpelier Property Management and became an integral part of the Montpelier community, managing a wide range of residential and commercial properties. Kevin resides in Montpelier with his partner Selene and his two year old son.

Redstone recently accepted a Smart Growth Award from an organization doing important work across the state called Smart Growth Vermont.  So, what is Smart Growth?

According to the Smart Growth Network, the Principles of Smart Growth include:

• Creating a range of housing options and choices, providing quality housing for people of all income levels;
• Creating walk-able neighborhoods;
• Encouraging community and stakeholder collaboration in growth decisions;
• Fostering distinctive, attractive communities with a strong sense of place;
• Making development decisions predictable, fair and cost effective;
• Mixing land uses;
• Preserving open space, farmland, natural beauty and critical environmental areas;
• Providing a variety of transportation choices;
• Strengthening and directing development towards existing communities;
• Taking advantage of compact building design.

http://www.smartgrowth.org/about/principles/default.asp

From Smart Growth Vermont

“How individual communities plan for and manage land use and development will determine Vermont’s economic, social and environmental well-being.  The state’s distinctive sense of place is largely the result of its cultural and economic heritage. This heritage created, and maintained, the state’s historic landscape of compact cities and villages surrounded by working farms and forests. Unfortunately, this landscape is being incrementally lost to a pattern of unplanned, inefficient development.  The result is that our farms, forests and opens spaces are being replaced by strip malls and residential subdivisions scattered far outside of our traditional centers.

At Smart Growth Vermont, we believe that for Vermont to grow and thrive we need to carefully integrate growth, environmental protection and economic opportunities into our local planning framework.  This will require the participation of citizens, local and state officials, developers, business leaders and non-profit organizations.  Our future depends on careful analysis, dialogue, cooperation and leadership.”

http://www.smartgrowthvermont.org/learn/

At Redstone we believe strongly that Vermont’s historic settlement pattern and sense of place are essential elements to the quality of life we all enjoy and the continued success of our state.  We focus our development efforts in villages and downtowns; we rehabilitate historic structures; we re-purpose pre-existing buildings; and we build new buildings in infill locations.  We’re proud to be the recipients of two awards from Smart Growth Vermont for our Marble Works Residences project in 2007 and this year for the initial phases of the BankNorth Block redevelopment.  In both cases, we had a number of project partners involved and could not have achieved success without tremendous collaboration.

The redevelopment of the BankNorth Block is a prime example of Smart Growth at work in Vermont.  Burlington presents our state’s greatest smart growth opportunities as well as its greatest challenges with incredibly high demand for residential and commercial space; very little developable land; and tight urban sites to work with.  Smart Growth in Burlington requires a collaborative approach bringing the private, public and non-profit sectors together to achieve success.  Along with our project partners Housing Vermont, Champlain Housing Trust, Farrell Real Estate and Mary Farrell, we’re pleased to accept this award for the initial phases of the BankNorth Block redevelopment; we hope that Smart Growth advocates statewide will be supportive of the final phases of this dynamic urban infill and adaptive reuse project.

http://www.smartgrowthvermont.org/help/awards09/awards07/

http://www.smartgrowthvermont.org/help/awards09/2009smartgrowthawards/

Tenant retention is an integral part of property management. Creating a strategic plan for tenant retention is necessary.  No longer is tenant retention simply service with a smile.  Today’s property management companies must understand and know what their tenants want, need and expect from their occupancy.  Creating and building a relationship with tenants is crucial.  Tenants that are treated as valued “partners” in the property will in turn be more satisfied in their tenancy.  Giving your tenants a voice and a say in the running of the property is a new and different approach to retention.  Property management is a “we” business and this needs to be conveyed to the tenant.  A team approach, coupled with creative thinking, and a community building positive attitude is what today’s tenants require .
 
At Redstone, our property management prides itself on building a sense of belonging for every tenant.  We work with tenants to accommodate their needs and take a proactive, long term approach towards property management.  Looking at both the fiscal and physical management of every property we strive to provide a tailored and individualized property management service for each property.  Whether it is a maintenance technician, repairing a faucet or a property manager reviewing an annual property budget, every tenant is treated as a valued customer.  Our goal is to convey to our tenants that they are important to us and to provide superior, quality property management services.

Our goal at Redstone is to conserve energy throughout our portfolio of properties. Energy efficiency benefits Vermonters in two ways: first, using less electricity lowers the bills of companies who take steps to reduce their power use; second, and more importantly, when statewide use goes down, it reduces electric utilities’ total costs, which would otherwise be paid by all electric customers through rates. With the help of Efficiency Vermont we have taken major steps in saving precious electric energy in several of our locations. Projects completed in 2008 are projected to save $20,840.00 in electric costs  in 2009!  For more information, including technical advice, education, rebates and other financial incentives for businesses go to www.efficiencyvermont.com.