WOBURN, MASSACHUSETTS, April 11, 2024 – The Dolben Company announces the transition of Teaghan Costello from Regional Property Manager to Asset Manager. The move is part of an expanding Asset Management Department as the company continues to prepare for the future.
“We are thrilled of Teaghan’s transition to Asset Manager as we continue to evolve as a company and grow the Asset Management function at Dolben.” says Deane H. Dolben, President of The Dolben Company.
In his new role, Teaghan will act as the owner’s representative overseeing the performance of each of the Dolben sponsored apartment communities in his portfolio. Asset Management works with Property Management and Accounting teams to prepare and execute the annual business plan for each property. This includes physical inspections, financial analysis, recommending capital improvements and monitoring property debt, real estate taxes and insurance. Teaghan will also prepare communication for internal and external investors.
Teaghan has been a Regional Property Manager since being promoted in February 2021. As a Regional Property Manager, Teaghan oversaw the management of a portfolio of properties in New England and Florida. Dolben entered the southwest Florida market in November 2021, and he was the Regional Property Manager tasked with transitioning The Coast Townhomes, and later The Coast Residences, into the portfolio and welcoming the employees to our Dolben Team. Teaghan also helped coordinate the APM Training Program, where current Assistant Property Managers are provided additional training to help prepare them to be Property Managers.
Teaghan has also served as a Property Manager for several Dolben communities prior to becoming Regional Property Manager and is a 2015 graduate of Dolben’s Management Trainee Program.
About The Dolben Company
With offices in Massachusetts and Maryland and more than 16,000 residential units throughout the New England, Mid-Atlantic, and Southwest Florida regions, The Dolben Company, Inc. is built on a deep heritage of performance and stewardship. Since 1929, five generations of the Dolben family have upheld a proud tradition of unparalleled success and profitability, fulfilling the property and investment needs for a wide array of businesses, financial institutions, organizations, and private investors. For more information on The Dolben Company, visit www.dolben.com.