Cervelli Takes on New Management Assignment

At Cervelli Real Estate & Property Management, we support numerous apartment and mixed-use building owners through a range of services, from property inspections to financial reporting to 24-hour emergency assistance. Our experience and personalized approach to property management have garnered us a reputation in the industry, allowing us to explore many new opportunities.

We’re proud to announce that Cervelli Real Estate & Property Management has been named Exclusive Management Agent for several North Hudson properties in New Jersey. Learn more about this achievement and the properties that enabled us to receive it.

What Is an Exclusive Management Agent?

You may have heard references to an exclusive agency when selling real estate. It means the property owner agrees to work with only this agency to market the home or building. Agencies may include in their contracts that property owners must work with them alone, or property owners may choose to work with one agent on their own.

Similarly, an exclusive management agent serves as the sole provider of property management services. The decision to make Cervelli Real Estate and Property Management the exclusive agent for two properties indicates the level of trust in our expertise.

About the Two Properties

The first is a set of properties comprising 50 units covering over 38,000 square feet. These units are situated at prime locations across Weehawken, NJ, including 708 Boulevard East. They’re owned by an international family office.

These properties were fully occupied when Cervelli Real Estate and Property Management took over. We plan to boost operation efficiencies, especially considering the uncertainty landlords face in the current climate.

The second property is a boutique new construction building consisting of 35 units at 6025 Boulevard East in West New York, NJ. Part of what makes this property stand out is its modern artisanal styling. The property has only recently been stabilized, so working with Cervelli Real Estate and Property Management will help the owners realize full occupancy amid growing competition and tenant expectations.

“With all the new construction in the area, competition for tenants will become more pronounced, and it’s important to maintain a high standard of living for residents while keeping costs down,” says Rebecca Minacapelli, who recently became Director of Property Management for this location.

Why Work With Cervelli Real Estate and Property Management?

A combination of outstanding services and commitment to customer service enables Cervelli Real Estate & Property Management to be an Exclusive Management Agent. Owners of apartment buildings and mixed-use buildings access the following with our property management services:

• Monthly property inspections (including a digital copy of the inspection report)
• Monthly financial reports that feature accounts receivable/payable information, reconciled bank statements, and copies of all checks
• Online services with real-time login for the following:
  • Viewing open work orders and accounts receivable/payable
  • Making payments
  • Submitting work orders
  • Filling out forms
• Professional liaison services to ensure compliance, efficiency, and transparency for our clients
• 24/7 emergency service
• Vendor network of reputable service providers to give clients access to high-quality and cost-effective services

Beyond these services, the Cervelli team provides a personalized property management experience, which building owners won’t find at many large franchise firms. We merge the experience of industry veterans with the fresh ideas of young, tech-savvy minds to offer solutions tailored to the needs of each client. Our property managers know how to spot a problem before it happens, which saves you two of your most valuable resources as a property owner — time and money.

Make Us Your Exclusive Management Agent Today

Founded in 1983, Cervelli Real Estate & Property Management is widely recognized as one of the most experienced specialists in commercial investment real estate and property management in New Jersey. With over 80 properties under management, our goal is to help you minimize risk and maximize after-tax cash flow. Our headquarters are in North Bergen, and we serve clients throughout Hudson, Bergen, Essex, Union, and Passaic counties. Contact us to learn more about our property management services or view testimonials from our clients.