FOR IMMEDIATE RELEASE
Pasadena, CA — October 20, 2025
Inherited Real Estate: Why Families Need Professional Property Management Now More Than Ever
As more families across California inherit commercial or mixed-use real estate, the importance of engaging a qualified property management and brokerage firm has never been greater. What begins as a family legacy can quickly become a financial and legal burden without the structure, compliance, and professional guidance that experienced management provides.
Inherited properties often come with complex lease obligations, deferred maintenance, tenant coordination challenges, and rapidly changing local regulations. These issues can expose new owners to liability and erode property value. A qualified management and brokerage firm brings not only operational oversight but also strategic market insight to preserve — and often enhance — family assets.
“Family-held properties represent decades of hard work and investment,” said Scott Schwartz, CEO of Insignia PMG and a CoStar Power Broker with over 35 years of experience in commercial real estate. “Our role is to ensure that legacy continues to thrive by keeping properties compliant, cash-flowing, and well-positioned in the market. The right management team doesn’t just maintain value — it creates it.”
Professional management also helps heirs navigate ownership transitions with transparency and accountability. From lease enforcement and tenant retention to budgeting, maintenance oversight, and brokerage strategy, the value of professional stewardship extends well beyond daily operations.
“Inheriting property should be a point of pride, not stress,” Schwartz added. “When families turn to an experienced management and brokerage partner, they gain peace of mind knowing their investment is protected — and their family’s legacy is in good hands.”
For over two decades, Insignia PMG has provided property management, leasing, and advisory services throughout Greater Los Angeles and the San Gabriel Valley, representing owners with integrity and a commitment to long-term results.
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