Privately held real estate investment company, with holdings of over $1.5 Billion, contracts with Barkan to manage several of its properties in the region
Newton, MA – December 4, 2019 – Barkan Management Company, an industry leader in residential property management with 190 properties (29,000+ units) in seven states, is pleased to be contracted by Los Angeles, CA-based BLVD Capital to assume the management and day-to-day operations of six of the company’s affordable apartment communities in New England.
“We are very pleased to have been awarded the management contracts for these affordable housing communities,” said Bill DiSchino CPM, President and CEO of Barkan Management Company, Inc. “BLVD wanted a management company with a local presence, solid reputation and track record, and strong ties to the communities where the apartments are located. Following a lengthy and extensive process, Barkan was determined to be the best fit.”
The communities are located in Massachusetts and Rhode Island: Falls View Apartments in Chicopee, MA; St. Joseph’s Court Apartments in North Adams, MA; Park Plaza Apartments in Johnston, RI; Rock Ridge Homes in Woonsocket, RI; and Chatham Village and Braeburn Apartments, both in Providence, RI.
“While Barkan may be best known for the management of condominiums and co-operatives, we are steadily growing our portfolio of affordable communities, now with 38 throughout New England,” said Laura Waldrop CPM, Vice President of Barkan Management Company, Inc., who will oversee the management and day-to-day operations of the six communities.
About the Barkan Companies
The Barkan Companies are a privately owned, diversified group of real estate businesses with a solid record of success. Since 1964, Barkan has established itself as an industry leader in the residential real estate sector encompassing five related real estate service businesses, including property management and accounting, renovation, development and affordable housing compliance, Barkan has the proven abilities and expertise in a single organization to satisfy the most demanding requirements.