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Kokes Properties Management Expands Third-Party Management Services

SEA GIRT, N.J. - Kokes Properties Management is expanding its third-party management platform and is accepting new assignments throughout New Jersey.

Built around the philosophy “Managing Your Property Like It’s Ours,” the company brings the perspective of an experienced owner, developer and investor to the day-to-day management of properties on behalf of outside ownership groups.

“As property owners ourselves, we understand that every operating decision ultimately affects the performance and value of the asset,” said Michael J. Kokes, President of Kokes Properties Management. “Our approach is to understand the property and ownership’s goals, and then manage the property with those objectives in mind.”

Kokes Properties Management provides traditional property management services including leasing, resident relations, maintenance oversight, budgeting, financial reporting, collections and vendor management. Through its broader real estate platform, the company can also assist ownership with asset management, renovation and capital improvement programs, refinancing and lender packages, lease-up and stabilization strategies, and long-term operating planning.

That broader perspective is an important part of the company’s management approach.

While Kokes Properties Management is actively looking to grow its third-party platform, the company intends to remain focused on assignments where its experience, existing market presence, and infrastructure can benefit ownership.

“We are interested in working with owners who are looking for more than simply a company to handle the basic management functions,” Kokes said. “We want to be a resource to ownership and help solve problems, improve operations and execute the business plan for the property.”

Kokes Properties Management has experience across market-rate multifamily, affordable and age-restricted housing, new-development lease-up, stabilized operations, renovation programs and capital improvements.

The company believes its combination of local market knowledge, senior-level involvement and integrated ownership, development and management experience creates an attractive alternative for owners seeking a hands-on management partner.

“Our goal is straightforward,” Kokes said. “We want to manage each property with the same care, attention and financial discipline that we expect on the properties we own ourselves.”

Owners interested in discussing a potential management assignment are encouraged to contact Kokes Properties Management.

About Kokes Properties

Kokes Properties is a New Jersey-based real estate investment, development and management firm with a primary focus on multifamily housing. Drawing on more than six decades of Kokes family real estate experience, the company acquires, develops, owns and manages real estate throughout New Jersey with an emphasis on long-term value creation, disciplined operations and strong relationships.