FirstService Residential Hosts Second Educational Best Practice Board Roundtable in Arlington, Virginia
– FirstService Residential, the leading property management company in the Washington, DC metropolitan area, hosted its second community association management best practice sharing roundtable in Arlington, Virginia. The interactive two hour session was attended by Board members from numerous communities in Arlington and several FirstService Residential executives and Community Managers. Board members represented communities currently managed by FirstService Residential, as well as properties currently managed by other firms, or self-managed. The informative session was moderated by FirstService Residential DC Metro President, Daniel Bauman.
The session was held at The Grove at Arlington, a mid-rise condominium in Arlington that has been managed by FirstService Residential since 2013 and consists of 190 condominiums. The Grove at Arlington offers residents amenities including a pool, courtyard, clubhouse, and fitness center, as well as convenient access to the District of Columbia.
The agenda was developed based on feedback from attendees. Topics included the use of customized standard operating procedures resulting in proactive, as opposed to reactive management, how to handle water damage in one unit that affects other units, and owner versus rental occupancy and how this can impact property values.
"The roundtable is a great way to come together as a community of volunteer leaders and professionals to learn from each other and share experiences. At the end of the day we all benefit by being better equipped with information that helps us take our communities to the next level,” said Jacob Tsizis, President Stratton House Condominium. “Solutions for many similar problems exist and the roundtable is a great way to learn from the experiences of others who are in the same boat."
"Our professional Community Managers have observed that condominiums in Arlington continue to mature and, as a result, face many of the same challenges," stated Daniel Bauman. He further noted, "After another successful roundtable discussion, we see that there is a strong demand for a forum that promotes the exchange of ideas and best practices as it relates specifically to the challenges facing condominiums in Arlington."
FirstService Residential will continue to host community association management best practice sharing roundtables in the Washington, DC metropolitan area, including an upcoming event in Alexandria, Virginia this May. In addition to the Arlington events, the educational best practice sharing roundtable series has been successfully held across the region including Northwest DC, Baltimore, Philadelphia, New Jersey, and Charlotte, North Carolina.
About FirstService Residential
FirstService Residential, previously known in the DC Metropolitan area as Armstrong Management Services, is a subsidiary of FirstService Corporation, a global leader in the rapidly growing real estate services sector, one of the largest markets in the world. As a leading property management company in North America, FirstService Residential oversees more than 6,500 residential and commercial associations including 1.5 million residential units and over 50 million square feet of commercial space across 21 U.S. states and three provinces in Canada. The company has more than 12,000 employees driving local market expertise and manages in excess of $6 billion in annual budgets. For more information, visit www.fsresidential.com