One Year Later, Stanford Management Points to Turn Around of Munjoy South
Thursday, February 18th, 2010PORTLAND, ME – One year after taking over management of the troubled Munjoy South apartments in Portland, Stanford Management has made significant improvements that have pleased both residents and staff at the 140 unit complex.
The Maine State Housing Authority awarded Stanford the management contract for Munjoy South a year ago along with other properties formerly managed by Liberty Management, Inc. The contracts added $30 million to Stanford’s portfolio of developments in four states, and made Stanford Management the largest woman-owned affordable housing management company in the nation.
“We’ve worked very hard in the last year to listen to the residents of Munjoy South and make needed improvements in their quality of life,” said Rosa Scarcelli, president of Stanford Management. “Stanford has no ownership interest in the property, but we manage it as if we do. Many of our residents are elderly or disabled, so even small changes can mean a lot.”
Residents seem pleased. Carolyn Weiss, a 38-year resident of Munjoy South, said, “I am very satisfied with the response of services and staff, and couldn’t be happier. Problems are responded to right away and I am very happy with Stanford Management since they have been here”
Freda Anderson, a 28 year resident, said, “After a recent injury the staff immediately made modifications to my apartment. I am very happy with the changes since Stanford Management. This is the first time since I have lived at this property that I have ever had an opportunity to actually talk to the management company. I think that the management company has just gotten better.”
Scarcelli credits her capable, on-site staff for the turnaround. “It’s important to have qualified and enthusiastic staff members and managers who are invested in making sure that the needs of the tenants are being met,” she said.
About Stanford Management: Stanford Management is a full service property management firm founded in 2001. Our $250 million portfolio consists of thousands of units of affordable housing in four states allowing us to offer housing opportunities for seniors, people with disabilities, veterans and families. Stanford Management is headquartered in Portland, Maine. It started as a family owned business with a goal to make a difference in the affordable housing sector and provide outstanding service to our residents, owners and reporting agencies. For more information see www.stanfordmanagement.com
Contact: Rosa Scarcelli, 207-772-3399
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