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How to Turn a Two Million Dollar Crisis Into a Win

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Manage episode 522865392 series 3534645
Content provided by Habitat Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Habitat Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

When a condominium's facade project ballooned to over two million dollars, the board was facing a crisis. The solution involved unconventional contractor negotiations and a prepayment strategy that surprised everyone with its success. In this episode, three veteran property management executives reveal the insider strategies that separate struggling buildings from thriving ones. Steven Greenbaum, executive vice president at The Lovett Group, Alvin Wasserman, senior director of asset management at Fairfield Properties, and Melissa Cafiero, president of Halstead Management, share real stories of creative financing solutions, like portfolio analytics that uncover hidden savings, and why some of the smartest financial moves require boards to stick their necks out when everyone else is playing it safe. Habitat’s Carol Ott conducts the interview.

How To Run Your Building: For Co-ops and Condos

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65 episodes

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Manage episode 522865392 series 3534645
Content provided by Habitat Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Habitat Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

When a condominium's facade project ballooned to over two million dollars, the board was facing a crisis. The solution involved unconventional contractor negotiations and a prepayment strategy that surprised everyone with its success. In this episode, three veteran property management executives reveal the insider strategies that separate struggling buildings from thriving ones. Steven Greenbaum, executive vice president at The Lovett Group, Alvin Wasserman, senior director of asset management at Fairfield Properties, and Melissa Cafiero, president of Halstead Management, share real stories of creative financing solutions, like portfolio analytics that uncover hidden savings, and why some of the smartest financial moves require boards to stick their necks out when everyone else is playing it safe. Habitat’s Carol Ott conducts the interview.

How To Run Your Building: For Co-ops and Condos

  continue reading

65 episodes

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