With a well-established goal for providing great places to live, work, shop and play, Towne Properties has been engaged in property development and management services for no less than six decades. And the company intends to “use 2021 as a jumping-off point to look toward the next 60 years of business,” Adam Bortz, Towne Properties’ CEO, told Multi-Housing News.
In the interview below, he discusses key strategies for long-lasting success and what it takes to overcome challenges in the real estate industry. From the shift that construction services have undergone since the onset of the health crisis to the vital role technology plays and will continue to play in Towne’s everyday activities, Bortz shares his insights and plans.
Towne Properties’ longevity stems from two key business strategies. First, our core belief that we exist to build better communities drives our entire business. When you do the right thing, success follows. Second, we have a diversified business model that allows us to adapt to real estate’s cyclical nature. This integrated approach enables us to be nimble and has contributed to the longevity of Towne Properties.