Condo Media - November 2021 - 28

VENDOR SPOTLIGHT
Barkan
Management
Company, Inc.
An Industry Leader in Residential
Property Management for
More Than 40 Years
Barkan Management Company was founded in 1981
on the simple, straightforward principles of hard work,
loyalty, and honesty. Over 40 years later, having built
its reputation on those values, Barkan is recognized as
the industry leader in residential property management
serving New England and metropolitan Washington,
D.C. Fueled by integrity, professionalism, and a fi erce
dedication to providing exemplary service, the company
boasts a diverse portfolio of clients ranging from suburban
townhome communities to ultra-luxury urban
high-rises.
Today, Barkan manages a portfolio of nearly 200
properties (35,000 units) in eight states. With an infl ux
of new business and an industry-leading client retention
rate, the company is on a steady track for continued
growth. Headquartered in Newton, MA, Barkan maintains
offi ces in Boston; Cape Cod, MA; Hartford, CT;
Providence, RI; and its mid-Atlantic regional offi ce in
Tysons Corner, VA.
COMMITTING TO EXCEPTIONAL SERVICE
Barkan proudly sets the standards for excellence that
consistently achieve the expectations of its diverse
portfolio of clients. " We are fi rm in our commitment to
providing exceptional service for our clients, " said company
President Daniel Bauman. " Our reputation for integrity
and professionalism has yielded a steady stream
of direct referrals that is fueling our growth. Even more
importantly, we're proud to sustain long-term client
relationships, many lasting over 30 years. Our success
is due to the efforts of our management team and all of
our employees who dedicate themselves to maintaining
Barkan's high standard of excellence. "
While Barkan's portfolio includes cooperatives and
market-rate and affordable apartments, the company's
predominant focus is on full-service condominium
communities, with properties ranging from 25 to more
than 1,700 units in size. All benefi t from the company's
wide-ranging experience and commitment to total
client satisfaction.
TAKING PRIDE IN SUCCESSFUL RELATIONSHIPS
Barkan's management philosophy revolves around a
pre-approved operating plan that incorporates both the
long- and short-term goals of the board and property
owners. Barkan's experienced team of account executives
pride themselves on the successful relationships
they have established with condominium boards.
Understanding that the board is elected by owners and
has a critical fi duciary duty, Barkan serves as a trusted
managing partner, recommending, guiding, advising,
and executing per the directive of the board. In practice,
that means meeting the day-to-day needs of the community,
including responsibility for on-site operations,
supervising property maintenance, assisting the board
in making informed decisions on planning and executing
capital improvement projects, general management, and
board governance. When situations arise that alter the
day-to-day management and lifestyle of the members
of the community - as has been the case throughout the
COVID-19 pandemic - Barkan account executives and
property managers have the bandwidth to devise and
implement new procedures and protocols that ensure
the safety of residents and the effi ciency of operations.
PROVIDING A COMPREHENSIVE SUITE
OF FINANCIAL SERVICES
Barkan's capabilities also comprise accounting and
fi nancial reporting. Barkan CFO, Jim Merski, CPA,
directs and supervises a top-tier team of 28 professionals
who handle a comprehensive suite of fi nancial services,
including fee collection/accounts receivable, bill payment/accounts
payable, monthly fi nancial statements,
and assist with the development of a capital budget
and tax fi lings/audits. The exemplary performance of
Barkan's fi nancial team is evidenced by the growing number
of clients that engage the company exclusively for
fi nancial management services, including communities
ranging from small condominiums to large-scale HOAs.
28 Advertisement
[Photos: The Sudbury, 100 Sudbury St., Boston. Photo Credit: Anfuso Imaging; Courtesy of The HYM Investment Group]

Condo Media - November 2021

Table of Contents for the Digital Edition of Condo Media - November 2021