Condo Media - November 2020 - 35

PROVIDING A COMPREHENSIVE SUITE
OF FINANCIAL SERVICES
Barkan's capabilities also comprise accounting and
financial reporting. Barkan CFO Jim Merski, CPA,
directs a top-tier team of 28 professionals who handle a
full suite of financial services, including fee collection/
accounts receivable, bill payment/accounts payable,
monthly financial statements, and who assist with the
development of a capital budget and tax filings/audits.
SERVING AS THE BOARD'S
TRUSTED REPRESENTATIVE
Overseeing capital projects ranging from a half-million
dollars to upwards of $70 million makes Barkan an
especially valuable resource. Experienced in construction and renovation/restoration, Barkan has wellestablished working relationships with renovation/
restoration specialists. The board can rely on Barkan's
expertise in all sectors of construction planning and
implementation and count on Barkan to provide a
thorough evaluation of all proposals. Depending on the
scope of the project, Barkan serves as the board's representative, coordinating all architects, engineers, interior
designers, and project consultants. Should funding be
required, Barkan will assist the board in obtaining loans
and debt financing by interacting and negotiating with
the lender and attorneys.
USING SUPERIOR TECHNOLOGY
Barkan utilizes Yardi Systems - an integrated software
platform that is considered the gold standard in the
property management industry. This superior technology
consolidates accounting, operations, and maintenance
management with real-time analytics and is accessible
to board members 24/7. Additionally, Barkan's clients
benefit from Condo Café, an integrated resident portal
through Yardi that allows homeowners to place work
orders, look up their account, view community calendars
and notifications, access condo documents and other relevant information, and pay fees. These top-tier technologies are time-efficient and accurate, while providing added
conveniences to residents and board members alike.
CONSULTING WITH DEVELOPERS
Another important component of Barkan's service
offerings is consulting with developers. "We've been
ambitious in seeking out new mixed-use condominium
projects in the development stage," says DiSchino.
Barkan recently secured consulting and management
contracts for the residential condominiums of the
1.33 million-square-foot mixed-use Echelon Seaport,
as well as a consulting agreement for 40 Trinity Place/
Raffles, Back Bay's newest high-rise luxury tower. Of
these new contracts, DiSchino says, "Once we've joined

the development team as a consultant, more often than
not we assume property management responsibility
for a property as it nears completion. Over the years,
we have worked with 18 developers of significant
properties that remain under our management."
This is the case with the InterContinental Boston,
a mixed-use condominium comprised of luxury condominiums, a hotel, retail units, and a parking garage.
The property developer originally engaged Barkan,
when the project was in concept stage. Barkan provided
a range of consulting services from budgeting to scope
of resident services, staffing, building commissioning,
opening, and stabilization. Subsequent to managing the
transition from developer to board control of the condominium, Barkan was retained by the association and
manages the property to this day.
PEOPLE YOU CAN TRUST:
TRAINED, EXPERIENCED, TENURED
Barkan's goal is to meet the unique needs of every client.
The company has an experienced staff of more than 700
employees, some of whom are 25-plus-year veterans. The
majority of Barkan's account executives have the designation of Professional Community Association Manager
(PCAM®) and/or Certified Property Manager (CPM®).
"Beyond a doubt, our people are our greatest asset,
particularly because we're service providers," DiSchino
says. "We take great pride in the fact that most of our officers and account executives have earned the most elite
distinctions in the property management industry."
"One of the ways Barkan has set the standard for
excellence has been by hiring people who are committed to a career in property management and providing
them with the training, tools, and the support they need
to surpass the expectations of our clients," adds Peter
M. Barkan, CEO of The Barkan Companies. "And in an
industry known for high turnover, Barkan has excellent
employee retention."
FOCUSING ON CLIENT SATISFACTION
Barkan Management adheres to the highest standards
of professionalism and has the track record to prove it.
With decades of experience and a fully credentialed
executive team, the company maintains its focus on
client satisfaction.
"We're always in training mode and care deeply about
our reputation and what we do," says DiSchino," but if
you want to take the measure of our organization in a
few words, all you need to do is examine our corporate
credo. We are 'people you can trust, with the experience
you can rely on.'"
For more information about how Barkan Management
Company can serve your association, call (617) 482-5500,
or visit Barkan's website at barkanco.com.

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35


https://www.barkanco.com/

Condo Media - November 2020

Table of Contents for the Digital Edition of Condo Media - November 2020

Contents
Condo Media - November 2020 - Cover1
Condo Media - November 2020 - Cover2
Condo Media - November 2020 - Contents
Condo Media - November 2020 - 2
Condo Media - November 2020 - 3
Condo Media - November 2020 - 4
Condo Media - November 2020 - 5
Condo Media - November 2020 - 6
Condo Media - November 2020 - 7
Condo Media - November 2020 - 8
Condo Media - November 2020 - 9
Condo Media - November 2020 - 10
Condo Media - November 2020 - 11
Condo Media - November 2020 - 12
Condo Media - November 2020 - 13
Condo Media - November 2020 - 14
Condo Media - November 2020 - 15
Condo Media - November 2020 - 16
Condo Media - November 2020 - 17
Condo Media - November 2020 - 18
Condo Media - November 2020 - 19
Condo Media - November 2020 - 20
Condo Media - November 2020 - 21
Condo Media - November 2020 - 22
Condo Media - November 2020 - 23
Condo Media - November 2020 - 24
Condo Media - November 2020 - 25
Condo Media - November 2020 - 26
Condo Media - November 2020 - 27
Condo Media - November 2020 - 28
Condo Media - November 2020 - 29
Condo Media - November 2020 - 30
Condo Media - November 2020 - 31
Condo Media - November 2020 - 32
Condo Media - November 2020 - 33
Condo Media - November 2020 - 34
Condo Media - November 2020 - 35
Condo Media - November 2020 - 36
Condo Media - November 2020 - 37
Condo Media - November 2020 - 38
Condo Media - November 2020 - 39
Condo Media - November 2020 - 40
Condo Media - November 2020 - 41
Condo Media - November 2020 - 42
Condo Media - November 2020 - 43
Condo Media - November 2020 - 44
Condo Media - November 2020 - 45
Condo Media - November 2020 - 46
Condo Media - November 2020 - 47
Condo Media - November 2020 - 48
Condo Media - November 2020 - 49
Condo Media - November 2020 - 50
Condo Media - November 2020 - 51
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Condo Media - November 2020 - 53
Condo Media - November 2020 - 54
Condo Media - November 2020 - 55
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Condo Media - November 2020 - Cover3
Condo Media - November 2020 - Cover4
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