Business Details
50+ Years
experience
Emergency
services
Trusted Property Management Services in Boston, MA
First Realty Management has been a trusted leader in property management since 1953, combining the resources of a large company with the personalized attention of a local firm. Our 70+ years of industry expertise enable us to serve diverse property types across Massachusetts, Rhode Island, and New Hampshire, including residential, commercial, and mixed-use developments. As an Accredited Management Organization (AMO), we uphold the highest national standards while maintaining a family-owned culture that prioritizes community-building and client satisfaction. Our team of seasoned professionals, many of whom live in the properties we manage, brings firsthand insight to every project. We have earned regional and national awards for excellence, driven by our commitment to resident retention, operational efficiency, and innovative solutions.Our partnerships with developers, investors, and nonprofit boards reflect our ability to align diverse stakeholders toward shared goals. We invest in employee development through educational programs and mentorship, fostering a team that values both expertise and collaboration. Our emergency response team ensures 24-hour support for urgent maintenance needs, minimizing disruptions for residents and property owners. With a focus on fiscal responsibility and quality of life, we deliver tailored management strategies that maximize returns on investment. This combination of experience, accreditation, and community-centric approach has solidified our reputation as a premier property management partner.
Services
Property Management
Condo Management
Construction Supervision
Risk Management
Marketing Services
Compliance Oversight
Accounting Services
Resident Programs
Details
- Year established: 1953
Highlights and features
- We have over 70 years of experience in property management across New England.
- Our Accredited Management Organization (AMO) status reflects national excellence standards.
- We maintain regional and national award-winning properties with high resident satisfaction.
- Our 24-hour Emergency Response Team ensures rapid resolution of critical issues.
- Senior managers average over 20 years of industry experience managing diverse property types.
Associations and certifications
- Accredited Management Organization (AMO)
What people say
Award-winning properties
High resident satisfaction
Experienced team
24-hour emergency support
Community-focused approach
Services
Property Management
We provide comprehensive property management for residential and commercial developments, ensuring operational efficiency and resident satisfaction. Our services include financial reporting, maintenance coordination, and compliance management. With expertise in luxury and affordable housing, we tailor strategies to meet owner and resident needs.
Condo Management
Our condominium management services focus on board support, budget planning, and community maintenance. Certified professionals handle governance, contract oversight, and resident communication. We prioritize transparency and long-term value preservation for condominium associations.
Construction Supervision
We manage construction projects from planning to completion, coordinating with architects and contractors. Our team ensures compliance with regulations and budgetary constraints. Services include site development, cost estimation, and quality control for property improvements.
Risk Management
Our risk management services identify and mitigate potential liabilities through insurance review and policy implementation. We develop safety protocols and emergency response plans. This proactive approach protects both property owners and residents from unforeseen events.
Marketing Services
We create targeted marketing strategies to attract residents and maintain high occupancy rates. Services include digital campaigns, property branding, and market analysis. Our team ensures properties remain competitive through data-driven promotional tactics.
People
William M. Kargman
CEO
William M. Kargman leads First Realty Management with legal and business expertise from Boston College Law School and Columbia University. He established a collaborative company culture and contributes to national housing policy discussions.
Frank Cevetello
COO
Frank Cevetello oversees daily operations with over 30 years of property management experience. He specializes in luxury residential properties and holds a Massachusetts Real Estate License.
Kathryn Kargman Holden
Vice President
Kathryn Kargman Holden manages residential and commercial portfolios while leading training and business development initiatives. She combines legal expertise with property management experience as the founder's granddaughter.
Jeremy Baker
CFO
Jeremy Baker directs financial operations with a focus on transparent reporting and risk management. He brings international finance experience from Kensington Investment Company and Fleet Bank.
Sheila Spellman
Director, Condominium Division
Sheila Spellman leads condominium management with 25+ years of experience and multiple industry certifications. She specializes in multi-site residential properties and community governance.
Questions
What property types do you manage?
We manage residential, commercial, mixed-use, and condominium properties across New England.
Do you offer emergency maintenance services?
Yes, our 24-hour Emergency Response Team handles urgent maintenance requests promptly.
What areas do you serve?
We serve Massachusetts, Rhode Island, and New Hampshire communities.
Are you an accredited management company?
Yes, we hold the Accredited Management Organization (AMO) designation nationally.
How do you support property owners?
We provide financial reporting, compliance oversight, and strategic planning to maximize investment returns.
