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Harnessing Technology for Transformation in Real Estate

The President of CAMCO Services of NY, Inc., Lefkowitz attributes some of his success to his early career experience with historic New York real estate firm HelmsleySpear. He focused his business endeavors on turning around troubled assets through adaptive reuse and reinvestment to build value.

CAMCO Services was founded as a third-party management company that handles troubled assets. Today the company has more than 4,000 commercial and residential units under contract. Through a proactive approach to management and maintenance, CAMCO Services remains focused on protecting property assets and enhancing investment value.

Tapping into Technology

The CAMCO Services team strives to deliver a positive customer experience to homeowners and tenants, and technology has enabled them to provide the highest quality services. Mass communication with residents and vendors has enabled efficient response times for work orders and service calls.

“Technology has transformed real estate and property management, and our relationship with Sterling National Bank has really revolutionized the way we operate on a day-to-day basis, from paying bills to collecting rent to communicating with our customers, tenants, and vendors,” Lefkowitz says.

He finds strong support from the company’s relationship with Sterling. In addition to services like online payment, remote lockboxes, and the ability to integrate services with the company’s commercial real estate software, Lefkowitz finds value in the personal attention he receives from Relationship Managers Denise Diaz and Nicole Sarno.

“I need personalized service, the ability to do transactional work, lockbox services, and commercial lending, and Sterling hits a lot of those marks,” Lefkowitz says. “Our Relationship Managers are proactive and pay personal attention to the relationship, which is something I look for in any banking business relationship.”

Supporting the Community

CAMCO SERVICES OF NY, INC. has turned around troubled assets in residential communities for more than three decades. Under Charles Lefkowitz’s leadership, the company improves the places and communities they manage to not just enhance value but to create a safer environment for residents.

Community support is at the heart of Lefkowitz’s career and influence. He strongly encourages staff to join service organizations and support local nonprofits through volunteerism.

Lefkowitz leads by example, serving as the president of the Three Village Chamber and on a handful of volunteer boards for local hospitals and higher education institutions. “I want to apply my experience to help the community and operate my business for positive impact,” Lefkowitz says.

Sterling National Bank can help your business pave the way for innovation. Call your relationship manager or Client Services at 855.274.2800.

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