JMC & Co News

JMC is an Accredited Management Organization with the Institute of Real Estate Management ( IREM ® ). which is, "... an international institute with the learning, certifications, and networking that property managers need to take on real estate management's most dynamic challenges." Most of JMC's Property Managers have earned the designation of Accredited Residential Manager (ARM®) sponsored by IREM. 12 JMC employees earned this designation in 2023 and 2 more employees earned the designation last week to kick off 2024. JMC Employees with Members of IREM at the December 2023 Dinner JMC encourages all eligible employees to further their education through these rigorous courses to earn this designation. According to the IREM ® website, "Certifications from the Institute of Real Estate Management are internationally recognized as the marks of ethical leadership and a well-managed property." JMC is proud to support employees who want to develop their careers w...

  JMC takes great pride in customer service as all new hires experience both virtual and in-person trainings to commence their property management career. Leasing 101 Training is the first in-person training that all new Leasing Consultants, Assistant Property Managers, and Property Managers take and it is often the most memorable training for our employees. Several members of the Marketing Department regularly schedule and perform these trainings throughout the year. The training takes place over the course of five days to teach and develop various skills needed for success. The trainers even take an interactive approach to put these skills to the test with various role plays demonstrated by trainees.  The first day covers the basics of handling phone calls and sales tools and ends with a live practice of a telephone role play so trainees can practice the concepts taught throughout the day.  Group ice breaker with puzzle to kick off class Day two focuses on ways to gree...

Holiday Managers Meeting in Cinematic Style The holiday season has been an eventful time of year for JMC with the annual holiday managers meeting and the company holiday party.  The managers meeting took place at a unique venue this year- a movie theater! JMC departments including Marketing, Human Resources, Accounting, Compliance, Operations, and Capital Expenditure all gave updates and projects to look forward to in 2024.  A 2023 highlight reel video was displayed on the big screen which was later followed by a special viewing of Top Gun: Maverick in the theater. The day concluded with 'The Corcoran' awards for staff and properties to recognize their efforts throughout the year. The categories included:  Best REAC Score:  Saugus Commons Best Residents Events:  The Mastlight and Lynnfield Commons (Market), West Broadway Homes and McNamara House (Affordable) Best Shop by Manager:  The Ledges   Best Reputation Management:  Quincy Commons Best...

2023 Development, Management, & Renovation Programs 2023 has marked a year of many achievements for JMC with several development projects, a new acquisition and partnership, assuming management for three properties, leasing up new communities, and the completion of many renovation programs. Although we reflect on accomplishments of the past year, JMC already looks forward to what's in the pipeline for 2024. Development Details Phase I of Union 346 has had a successful ongoing lease-up in 2023. The community also   won the Platinum Hermes Award for website design.   Phase II of Union 346 is located directly adjacent to Phase I with delivery in 2024. We look forward to seeing the additional apartments and amenity spaces in this urban community.  Photo by ARCO National New England Lunenburg Central was completed in 2023 which is a  372,000 square foot  Class-A High Bay distribution facility located in Lunenburg, MA. Photo by ARCO National New England Central ...

 Maintenance Policies & Procedures Workshop The Maintenance Operations team held a training at Pelham Learning Center  for all Maintenance Managers who were hired just prior to and during the pandemic. The daylong training covered sessions on our procure-to-pay system, maintenance policies and procedures, and everything else needed to be a successful Maintenance Manager at JMC . The first half of the training went into depth on topics such as the bidding process, painting and cleaning procedures, and apartment turnover procedures. The latter half of the day focused on the work order system, corrective and janitorial maintenance, inspections, preventative maintenance, staff responsibilities, reports, grounds, snow removal, safety, and personnel policies. As a result of participating in the workshop, these Maintenance Managers are now able to understand and uphold all JMC policies and procedures, complete forms accordingly, and recognize the importance of effective Maintenan...

JMC Ribbon Cutting Ceremony at Union 346 (L-R): Tim Corcoran, Project Director, JMC, Elan Sassoon, Principal, SMT Development, Briselle Salas, guest, Somerville Mayor Katjana Ballantyne, Ward 2 Councilor J.T. Scott The following press release was written, edited, and published by Wendy Pierce of Goldstein Pierce on  citybiz :  " John M. Corcoran & Company (JMC)  and SMT Development  joined with the City of Somerville and Mayor Katjana Ballantyne to celebrate the city’s newest park at 346 Somerville Avenue, adjacent to the companies’ new residential building,  Union 346 . Named for Martha Perry Lowe, the  greenspace is approximately 7,000 square feet and includes café seating, benches, hammock stations, and an open lawn area surrounded by tasteful landscaping. In addition to Mayor Ballantyne, the ribbon-cutting was also attended by Councilor J.T. Scott, numerous other City officials, and members of the neighborhood.  “I want to thank the Union 346 t...

JMC Gives Back October marks Breast Cancer Awareness month and JMC supported this effort throughout the portfolio. Our properties participated in a pink pumpkin decorating contest to spread awareness to this cause in true fall fashion.  Faxon Commons The contest winner got to pick a gift from Metavivor and all proceeds will go toward supporting those fighting against stage 4 metastatic breast cancer. JMC also hosted a casual Friday for staff to wear pink shirts with pink ribbons and contribute all donations to Metavivor.  Station Square Towne Estates The Commons at SouthField Highlands The Heights Amesbury Final Results Displayed at Heights Amesbury Redbrook Apartments Babcock Tower Trivia : What is the name of the ancient Celtic festival that involved lighting bonfires and wearing costumes to ward off ghosts? 10/18 Trivia Answer: The Wandering Albatross