I’m excited to be celebrating Chestnut Hill Realty’s 50th anniversary — a true milestone. It’s hard to believe that the years have gone by so fast. This is a special time for me and my family to reflect on the Company’s beginnings, how it has changed with the times, yet always remained faithful to its core principles, vision and mission.
CHR’s portfolio has grown to more than 32 properties comprising 5,000 apartment units, with a value of more than $1.5 billion. But numbers and statistics are not the only measures of our success; providing places where people are proud to call their homes gives me the most gratification.
Every day, a team of dedicated property managers, leasing professionals, maintenance services technicians, and landscape technicians are working hard to make our vision, “Managing People’s Homes with Pride,” a reality for our more than 10,000 residents.
Three hundred sixty five days of the year, including holidays, weekends, and sometimes long after normal business hours, they respond to our residents’ requests and provide information and conscientious, timely service. I truly believe that the foundation of CHR’s success comes from respecting our residents and maintaining our properties to the highest standards.
Another cornerstone of CHR’s success is our long-term perspective with regard to operations and ownership. We purchase properties, invest in keeping them up to date with desirable fit, finishes, infrastructure and amenities. We recruit, train and mentor our multidisciplinary teams of professionals so they have the knowledge and resources they need to meet the demands of owning and managing multifamily properties.
I’d like to take this opportunity to thank and acknowledge all the people who have contributed to CHR’s success over the years, starting with our residents who have selected our communities and entrusted us with maintaining their homes. It is our honor and privilege to serve them.
I want to thank CHR’s more than 200 employees, including our talented senior management team, for their significant contributions over the last five decades. Their teamwork, can-do attitude and creativity have established a strong framework to keep CHR moving in the right direction in 2019 and for many years to come.
I wish to express my gratitude to the numerous caring and professional tradespeople and service representatives – plumbers, electricians, cleaners, painters, landscapers, carpenters, HVAC technicians - who have contributed their time and expertise to maintaining our properties.
Thank you to the towns and neighborhoods where our properties are located. We will always try to be good corporate citizens and to contribute and make a positive impact on the well-being of the community.
I want to thank all the companies and individuals doing business with CHR, including our lenders and investors, past and present, who have supported and believed in our Company. We could not have succeeded without you.
Finally, I need to thank my family and mentors for sharing their ideas, providing their unwavering support, and, sometimes, just being there as a sounding board. It’s been a great ride, and I look forward to continuing this journey with you all.
Now, let’s get going on the next 50!