Healthy Competition: Different Management Models Serve the Industry and the Client
By Sascha Macias, CCAM
From CACM's Vision Magazine Winter 2011 issue
Excerpt:
A wholly owned management company is able to maintain control and direction of their business without answering to a larger company. This freedom allows a wholly owned company to broaden its portfolio and skill set at will, and the more knowledge the company has, the more benefits the client will enjoy.
Lori Burger, CCAM, of Eugene Burger Management Corp. says, "Having a diverse portfolio of properties and skills provides us with a keen advantage over the strictly association management company, or self-managed association." By offering a host of other services - such as multi-family residential, single family, commercial management and leasing, and ownership of real estate ventures - Burger's company is knowledgeable of industry issues that may impact an association's vitality and members' financial stability. Because the company remains wholly owned, Eugene Burger Management Corp. is able to maintain this broad knowledge base and help association leaders make better informed business decisions - which was the objective established by the original founders of the company.
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