Our Clients Say
Woodmont is Worth the Difference
“I am always surprised to learn that many investors are willing to hire the cheapest property management firms. Managing a property can be complicated business and it is a major operation to do well. A lot of things can go wrong, especially in the reporting and financial data. Woodmont might be 50 to 100 basis points more than some of the PM firms out there, but they are worth it because they save me time and money. Think about an asset that is generating an annual return of about $1 million. Saving 1% point on a PM fee is a small amount. You can burn through that paying CPAs for audits, having to restate financial documents to limited partners, and that sort of thing. Woodmont’s accounting and reporting team has four or five people associated with producing their financial reports. The added management process and results speak for themselves. I get accurate and timely reports around the same day of each month.”
Michael Wornick // Managing Partner
Wornick Associates
Comprehensive, Precise and Comprehensible Financial Reporting
“What stands out most to me about Woodmont is their monthly financial reporting. Reports are as thorough and complete as I have ever seen. I’ve had my own CPA review the reports and he’s never found an error. The balance sheet, income statement, general ledger, variance report, rent roll, check ledger and operating statement data is all there, comprehensive and precise. Yet its presentation is highly comprehensible, and that’s what I like about Woodmont’s financial reporting. I wish I had started working with them 20 years ago when I got started in this business.”
Michael Wornick // Managing Partner
Wornick Associates
Local Market Knowledge Provides Value
"We're thrilled to have the opportunity to create new multifamily urban environments in the Bay Area and feel fortunate to have teamed up with Woodmont Real Estate Services for pre-development planning and management of our properties. The depth of their executive team and their local market knowledge has been instrumental for us to understand multifamily housing demand, in terms of amenities and other features, and design our communities to meet that demand.”
Michael R. Van Every // President
Republic Family of Companies West Coast Division
Dedication to Service, Attention to Details
“I can tell you without reservation that we have been very impressed with Woodmont during the demolition phase of our renovation. The demo has all been done at night and there is a huge responsibility to make sure the tenants are happy and the building is clean. Between Woodmont and our GC, we’ve been able to keep the building in its best possible condition despite the renovation work.”
John Leonard // Principal
Leonard Development Company
Key To Success
“Woodmont Real Estate is the key to our success.”
Michael R. Van Every // President
Republic Family of Companies West Coast Division
Driving Top-Line Revenue Through an Analytical Approach
“Prior to establishing a working relationship with Woodmont Real Estate Services, my partners and I had to devote an inordinate amount of time managing and analyzing our property assets. Once we brought Woodmont on board, they added immediate value with their analytical approach; it helped us drive top-line revenue in our multifamily properties. When we started doing value-add projects – buying, renovating and selling, Woodmont’s market intelligence enabled us to assess targeted-rent premiums for each decision we were making in terms of upgrades and amenities. While our contractual relationship is limited to fee-based property management, we lean on them for much more.”
Jamie D’Alessandro // Principal
Windy Hill Property Ventures
