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Property Management Firm to Provide Comprehensive Third-Party Services for Real Estate Developer’s 535-Unit Apartment Portfolio
HACKENSACK, N.J., May 8, 2018 – Alfred Sanzari Enterprises is pleased to announce that it has retained FirstService Residential – North America’s leading property management firm – to provide comprehensive leasing, maintenance and property management services for its residential property portfolio, which encompasses 535 luxury high-rise and garden-style units throughout Bergen and Middlesex counties.
The appointment marks the first time Alfred Sanzari Enterprises is partnering with third-party management services for its multifamily portfolio, which is nearing 100 percent occupancy, according to Chief Operating Officer Ryan Sanzari.
“We are committed to optimizing the performance of our residential communities and creating the best possible living environment,” said Sanzari. “As our company continues to expand, utilizing resources of a third-party firm with expertise in all facets of day-to-day property operations will allow us to uphold and enhance the quality of our apartment portfolio. This will ensure a premium experience for current and future residents.”
FirstService Residential not only brings a high-level of expertise to this important assignment, but also a keen understanding of the product and market, as well as a depth of personnel and resources, noted Sanzari. The FirstService Residential team heading this assignment includes Danielle Calcagno, director of rental management and Adam Holand, general manager.
“We are proud to partner with Alfred Sanzari Enterprises as we expand our rental business in New Jersey,” said Michael Mendillo, president of FirstService Residential. “Our companies share a commitment to deliver exceptional service to the residents we serve. We are looking forward to picking up where Sanzari left off in adding value to the property operations and making a difference in these communities.”
Alfred Sanzari Enterprises will continue to maintain oversight of its multifamily portfolio, which includes The Ivanhoe in Hackensack, one of the first luxury apartment buildings built in the City’s “Hill” section in the 1970s; Greenway Village in Metuchen, a 49-unit complex in proximity to local amenities and public transportation; and Nottingham Manor, a family-friendly garden apartment community in Montvale. Rounding out the company’s rental properties are Willow Gardens in Teaneck, Queen Anne and Prospect/Passaic in Hackensack, and Riverside Terrace in Bogota.
Headquartered in Hackensack, Alfred Sanzari Enterprises is a multi-generation family owned and managed business, and one of New Jersey’s premier real estate developers, owners and managers of commercial, residential and hospitality real estate. The organization continues to strategically expand and diversify its industry-leading portfolio through both development and acquisitions. The company prides itself on its integrity and is known for the quality design and construction of its buildings, proactive and responsive property management team, and outstanding relationships with its tenants. Many of Alfred Sanzari Enterprises’ office, industrial, medical, residential and hospitality properties are iconic landmarks in their respective markets, including the Alfred N. Sanzari Medical Arts Building in Hackensack and Glenpointe in Teaneck.
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About FirstService Residential
FirstService Residential is North America’s largest manager of residential communities and the preferred partner of HOAs, community associations and strata corporations in the U.S. and Canada. FirstService Residential’s managed communities include low-, mid- and high-rise condominiums and cooperatives, single-family homes, master-planned, lifestyle and active adult communities, and rental and commercial properties.
With an unmatched combination of deep industry experience, local market expertise and personalized attention, FirstService Residential delivers proven solutions and exceptional service that add value, enhance lifestyles and make a difference, every day, for every resident and community it manages. FirstService Residential is a subsidiary of FirstService Corporation, a North American leader in the property services sector. For more information, visit www.fsresidential.com.
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Media Contacts:
Rebecca Gramuglia / Irene Zampetoulas
Caryl Communications
Phone: 201-796-7788
Email: rebecca@caryl.com / irene@caryl.com