On this episode of Deconstructed: The Future of CRE podcast, Nancy Gaudet, SVP at Corcoran Management Company, joins host Vivek Kartha to talk about her company’s focus on the Northeast, the importance of being open to change, and what today’s renters are looking for in a property. Corcoran is a 70-year-old company with 76 properties and over 12,000 units. It branched out in the past to other states but decided to focus on being the biggest player in its own backyard, the Northeast. This gives everyone at the company a single point of focus. Nancy has seen some big changes over the years, none as big as the recent changes brought about by the pandemic. Her company is seeing lower occupancy rates in downtown areas, because that’s where most businesses were shut down. Covid has completely changed the way units are being rented. She never thought she would see the day when they give a prospect a key and let them look at a unit alone. Now, they are even seeing leases signed after just pictures or a video tour. As Nancy says, no two days are alike. Change, or you won’t make it. Nancy Gaudet Corcoran Management Company Corcoran Management Company Deconstructed: The Future of CRE This podcast is brought to you by WorkSpace. Remove the friction between assets, data, and people. With a suite of intuitive products, WorkSpace streamlines daily operations for property teams, asset managers, C-Teams, and beyond. WorkSpace was built for CRE professionals like you. Make quick and confident decisions to deliver greater investor returns. Learn more and contact us at GoWorkSpace.com.