CHARLESGATE is thrilled to announce incredible growth during the 1st quarter of 2021 across our service lines. This growth is a testament to our incredible team of professionals - our real estate agents and employees and the strong culture we've built - and to our fantastic clients who trust us to create incredible results with the right services and actionable insights every step of the way.
During the first quarter, CHARLESGATE has signed on 448 new units under management across 15 buildings. Our team has been incredible in onboarding new clients and scaling up our management platform, offering the most comprehensive management services available in Eastern Massachusetts.
Our property management growth is accelerating rapidly, and we're in talks with many of the area's top owners about how we can help position their buildings and investment portfolios for more success with our hospitality based approach to property management.
In the first quarter, CHARLESGATE's real estate agents have sold over $76,000,000 of real estate condos and homes with 89 transactions.
Clients have appreciated our innovative marketing to maximize their sales price,
Some examples of our recent work for clients:
| $2,250,000 |
$2,250,000 Hull Street, North End |
$2,250,000 |
| $2,250,000 Tremont Street, South End |
$2,250,000 Tremont Street, South End |
$2,250,000 Tremont Street, South End |
We have now built over 1100 units in our new development pipeline (up from over 1000 not long ago), and we have several projects successfully underway in our marketing and sales cycle.
Even with the ongoing COVID crisis, and multifamily and apartment living demand waning because of it, we've been able to continue to drive absorption and lease up buildings quickly.
Most importantly, we've continued to add new team members as we grow.