Pub 5 2020 Issue 5

Huntington Woods is a 280 mixed-income apartment community nestled in 20 acres in the heart of Bristol, Connecticut. This year, the community celebrates 30 years and proudly offers one, two and three-bedroom garden-style apartment homes. The community was developed in 1990 and was purchased by Winn Residential in 2012, in conjunction with the financing of low-income housing tax credits (LIHTC) along with HOME funding through Housing of Urban Development (HUD).

Tell us a little about yourself!
I was born and raised in Glastonbury, Connecticut, and after marriage to my wife, Allegra, we settled down in Hebron, where we’ve been since 2000. We have three daughters, ages 12, 16 and 19. I attended UConn, where I studied Communications. I’ve owned several businesses and served as an officer with the Glastonbury Police Department from 2001-2005. I earned my helicopter pilot’s license in 2007 and enjoy getting to fly when time allows. I don’t like to sit still.

Even though the COVID-19 pandemic has created its share of challenges for the multifamily industry, it’s still a good place to be in real estate, according to Jeff Adler, vice president at Yardi Matrix.

One of the most important business decisions you will make in the property management business is the rent you charge. It consists of two parts: determining whether people can afford the rent and also whether they think it is a fair trade for what you are giving them.

I hope this note finds you all doing well and looking forward to the upcoming Holiday season, and dare I say, the end of 2020.