Woodmont Properties Expands Its In-House Property Management Divison
With Hiring of Regional Property Manager, Leading Real Estate Company Strengthens Management of Expanding Portfolio
FAIRFIELD, N.J. (May 29, 2013) —Woodmont Properties, one of New Jersey’s foremost developers of quality residential communities, announced today that it has added new senior management to its property and asset management division with the hiring of Marla Posey as Regional Property Manager for its apartment portfolio.
Posey is charged with overseeing the company’s property management and will report directly to Woodmont President LewisZlotnick. In her new role, Posey is responsible for implementing management and marketing strategies, expanding services and providing creativity to assure resident satisfaction and retention of Woodmont’s growing portfolio of apartment communities.
"Due to the consistent, sustained growth we have experienced in the last six years, we are well positioned to manage our growing apartment portfolio as part of our multi-disciplined, in-house capabilities,” said Eric Witmondt, Chief Executive Officer of Woodmont Properties.
Prior to joining Woodmont, Posey was a Regional Property Manager for Morgan Properties and Edgewood Properties where she oversawlarge portfolios of apartment communities.
“Marla is a capable, senior property management professional with a proven ability to deliver high-quality service and solutions to optimize asset performance and operations,” said Zlotnick. “We are confident that she will greatly contribute to furthering our plans to grow our portfolio to assure the highest quality of services are provided to our residents, and our communities are properly marketed and managed.”
Posey’s hiring coincides with Woodmont’s recent appointment as asset/property manager for Lowe Enterprises’ Abitare' Apartments, a 317-unit luxury apartment complex in Voorhees, N.J. The community, located adjacent to the Voorhees Town Center, is planned for expansion to 425 residences.
Posey will also oversee the management of Woodmont’s growing apartment portfolio, which includes Woodmont Square, a 100-unit upscale rental community in Bridgewater Township and two luxury apartment communities in the Lehigh Valley: the 216-unit Woodmont Place in Palmer, and the 204-unit Woodmont Mews in Bethlehem. The company also has a number of multifamily projects in the constructions stages throughout New Jersey, including Woodmont Knolls in Hanover, West Side Lofts in Red Bank and Cranford Crossing in Cranford, NJ.
About Woodmont Properties
For 50 years, Woodmont Properties, based in Fairfield, N.J., has contributed to the region’s residential and commercial marketplace by developing residential communities, office buildings, retail centers and industrial properties in suburban communities, town centers and cities in New Jersey, New York and Pennsylvania. Woodmont Properties' success in developing both residential communities and commercial properties is derived from a unique blend of innovation, integrity, the selection of superior locations and quality design.