News Releases

KOVA Companies, Commercial Property Managers partner to expand property management solutions

NAPLES, Fla. (June 1, 2021) – KOVA Companies and Commercial Property Managers have entered into a strategic partnership with the establishment of KL Management Solutions, LLC, a joint venture that will offer an expansion of property management and accounting services throughout Southwest Florida.

Through the KL Management Solutions partnership, KOVA Companies is providing turnkey back-office property management solutions to a growing portfolio of clients. The new firm will leverage the KOVA platform in order to provide capacity, capability and experience in property management and financial services.

“Using a team with decades of experience in property management for your accounting and client services allows companies to focus on the continued growth of their property management portfolios,” said Kim Gaglia, president of KL Management Solutions and partner at KOVA Companies. “We are pleased to provide this practical, effective solution to property management firms and are thrilled to collaborate with Commercial Property Managers through this joint venture.”

KOVA Companies was founded in 1990 as a privately owned, full-service commercial real estate firm. The company’s back-office management solutions serve the needs of property management firms, brokerages and residential and commercial associations.

Commercial Property Managers, co-founded by Derek Bornhorst and Jerry Messonnier principals at Lee & Associates, is a full-service property management firm offering a broad spectrum of services to protect and maximize owners’ investments. The firm manages the daily operational oversite of commercial properties across Southwest Florida.

“We have had a tremendous platform with local knowledge and expertise in this town for 30-plus years, and this partnership gives us the opportunity to take our services to a higher level for our clients,” Bornhorst said. “There’s not a lot of comparison within our local market for the experience that Kim Gaglia and KOVA Companies bring to the table, and we look forward to the additional services and synergy this partnership brings to our clients.”

“We initially founded Commercial Property Managers because we found many of our clients were struggling to find professional management in our market,” Messonnier adds. “We are excited to expand our property management through this joint venture with KOVA and serve larger clients with top-notch services.”

About KOVA Companies

KOVA Companies is a privately owned, full-service and completely integrated commercial real estate firm engaged in management, investment, brokerage, development and financing. Headquartered in Naples, Florida, KOVA’s family of companies include KOVA Property Management, KOVA Facilities, KOVA Commercial Group and Carlson Norris & Associates Appraisal and Consulting. Over its 30-year evolution, KOVA Companies has developed a strong foundation and a synergetic operating environment. A multi-disciplined expertise developed over numerous economic cycles has provided KOVA Companies with the ability to enhance profitability for its clients through strategic partnerships and effective solutions. For additional information, please visit www.kovacompanies.com or call 239-261-2627.

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Media Contact

Emily Golden, Priority Marketing, 239-267-2638, 239-565-1595 (cell) or Emily@PriorityMarketing.com

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Halstatt Real Estate Partners Announces the Sale of the Galleria Building in Naples

NAPLES, Fla.–(BUSINESS WIRE)–Halstatt Real Estate Partners, a real estate private equity firm, today announced the sale of the Galleria Building in North Naples. Halstatt, in partnership with KOVA, purchased the property and implemented a leasing stabilization and improvement plan that increased occupancy to 100%.

“We worked with KOVA to improve, lease and manage the building and are very pleased with the result.”

 

“The property is a premier class ‘A’ building located in the epicenter of the North Naples office market. It benefits from being conveniently located along three central roadway arteries allowing access from all areas of Naples,” said Katie Sproul, chief executive officer, Halstatt. “We worked with KOVA to improve, lease and manage the building and are very pleased with the result.”

The building has more than 30,000 square feet of office space and was recently renovated. It is currently 100% leased with momentum being driven by the surrounding area and desire for a live, work, play culture.

Galleria is located in Collier County, which offers deep resources for everything from start-up business loans and workforce training to accelerators that can jump-start a business, allow it to expand or move here from a foreign country or out of state. Collier County benefits from the same demand trends that have made the entire state of Florida an attractive place to live and start businesses. The county is the 10th fastest growing metropolitan area in the country, according to the U.S. Census Bureau and allows residents to escape the crowds and stress of larger cities.

Halstatt Real Estate Partners identifies value add and opportunistic real estate projects throughout the Florida market. The company partners with qualified sponsors to develop and implement a strategic business and capital improvement plan to maximize demand driven development opportunities.

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