Colonial Properties Trust

  www.colonialprop.com
  www.colonialprop.com

Colonial Properties Trust Reviews

Updated September 16, 2014
Updated September 16, 2014
32 Reviews
2.6
32 Reviews
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Approve of CEO
Colonial Properties Trust Chairman and CEO Thomas H. Lowder
Thomas H. Lowder
16 Ratings

Employee Reviews

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  1.  

    Great place to work - too bad they sold the company. I really liked working there.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Assistant in Birmingham, AL
    Former Employee - Executive Assistant in Birmingham, AL

    I worked at Colonial Properties Trust full-time (more than 5 years)

    Pros

    The job had good benefits and great co-workers. It was a nice and clean office. There was a parking deck so it felt very safe.

    Cons

    I did not particularly like the annual review set up. I didn't feel I got any working feedback. The review process was anonymous so there was no way to discuss improvements etc. in person except for with the immediate supervisor.

    Advice to ManagementAdvice

    I did not particularly like the annual review set up. I didn't feel I got any working feedback. The review process was anonymous so there was no way to discuss improvements etc. in person except for with the immediate supervisor.

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Very poor leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Colonial Properties Trust as a contractor

    Pros

    Good industry experience and co-workers.

    Cons

    Executive leadership is very dismissive of needed initiatives. This led to lack of drive and innovation among employees.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Miserable place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Property Manager in Sandy Springs, Fulton, GA
    Former Employee - Assistant Property Manager in Sandy Springs, Fulton, GA

    I worked at Colonial Properties Trust full-time (more than an year)

    Pros

    This place was a good introduction into the industry if you were looking to get into property management. Not really, I can't think anything good about this company.

    Cons

    The company really doesn't care about you. They expect you to leave the low-paying job soon and treat you accordingly. The company was very cheap and didn't even want to buy basic office supplies.

    Advice to ManagementAdvice

    I have no advice to this now defunct company.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Unstable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Property Manager in Atlanta, GA
    Former Employee - Assistant Property Manager in Atlanta, GA

    I worked at Colonial Properties Trust full-time (more than 5 years)

    Pros

    Was able to remain employed for 7 years

    Cons

    Very unstable company in a very unstable economy

    Advice to ManagementAdvice

    None

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Lots of room for upward movement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Property Manager in Greensboro, NC
    Current Employee - Assistant Property Manager in Greensboro, NC

    I have been working at Colonial Properties Trust full-time (more than an year)

    Pros

    The People. Working on-site, you will be set up with a small team of coworkers which allows you to get to know each other well. If you are in a larger city, you will get to know your team members at other properties well, and have the potential to make a lot of good connections for the future.
    Policies & Procedures: Very straightforward and well planned. Allows you to know how to handle most every situation.
    Upward Movement: You can grow in your position rapidly and if you are good at what you do, it will be noticed.
    Pay: Pay is excellent by Property Management standards

    Cons

    Time Management: Very frequently you can find yourself being asked to do several time consuming tasks with the deadline mindset of "it needed to be done yesterday."
    Workload: Properties are frequently understaffed and the remaining employees have to bear that burden. Not having enough employees is not an excuse for mediocre performance.
    Benefits: Healthcare is not great and very expensive.

    Advice to ManagementAdvice

    Your employees really get along well together and you have hired some of the best in the business, but you don't treat them like it. Provide them with more tools to succeed and you will definitely see a return on investment.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Loved My CoWorkers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Property Manager in Orlando, FL
    Former Employee - Assistant Property Manager in Orlando, FL

    I worked at Colonial Properties Trust full-time (more than an year)

    Pros

    Great Pay
    Beautiful Properties
    Fun co-workers

    Cons

    Don't put much money back into the inside of apartments. Fair quality inside.
    Upper management doesn't seem people friendly.

    Advice to ManagementAdvice

    Don't be afraid to remember a name or shake a hand.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Good company but little to no consideration to work life balance. Good benefits and compensation, heavy work load

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Leasing Support Specialist
    Former Employee - Leasing Support Specialist

    I worked at Colonial Properties Trust full-time (more than 3 years)

    Pros

    Lots of properties so opportunity to move up quickly is present and a focus is put on hiring from within
    Great pay
    They hire great employees so you'll be in mostly good company
    Very good health insurance and other benefits
    Ability to learn a lot from the 'corporate' side of management
    Lots of differences in this position from place to place and some job duties are negotiable. Some allow a Mon-Fri schedule while others require almost all weekends. It pays to get it in writing.
    Opportunity for travel in a training capacity from time to time
    Being 'in the know' about things that were happening in the region
    Challenging role that allows for quick personal and professional growth

    Cons

    Very heavy workload
    Often working between several properties so the need to be able to work with all different types of people is a necessity
    In my case, very unrealistic expectations for my schedule that were not conducive to work life balance at all
    Basically always on call, filling in for those who were sick or newly opened positions, and almost always working alone which gets old quickly
    not very much power to correct issues or implement standardization. Basically required to 'learn' 6-8 different properties with different processes while receiving very limited training
    often ran into the mentality that I was there to 'spy' instead of assist to the point where one manager would not let me visit her property and the RVP allowed it making a very awkward situation
    Each RVP has quite a lot of flexibility over their region so a lot of the work experience with Colonial will vary and will greatly depend on the RVPs skill level at managing and encouraging people. RVPs are promoted and moved with a consistent basis so who you start off with will most certainly change within a few years.

    Advice to ManagementAdvice

    Most properties need to be staffed more to achieve the demands and standards that Colonial requires but they cling to that outdated 1 person per 100 units mentality no matter the age of the property or how busy the office. Management should recognize that this is a very difficult position that requires a very flexible person with a knack for communicating effectively. This position also requires someone with the knowledge to not get involved in possible office drama or gossip as it does travel to other properties frequently. Many employees feel the stress of always coming home late or never making family events or having time off with their loved ones to meet the high demands of the company which is great in the short term but burns out the employee very quickly or leaves them disgruntled.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great Place to work and live !

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Leasing Specialist in Charlotte, NC
    Current Employee - Leasing Specialist in Charlotte, NC

    I have been working at Colonial Properties Trust full-time (less than an year)

    Pros

    Professional compnay to work for. No gray areas where you will feel confused, I love being a prt of it.

    Cons

    I have not seen any yet...:)

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Stay away

    Former Employee - Leasing Consultant
    Former Employee - Leasing Consultant

    I worked at Colonial Properties Trust full-time (more than an year)

    Pros

    None at all. It's all about the shareholders. They should only know how bad this company is.

    Cons

    could care less about employees or residents.

    Advice to ManagementAdvice

    I was one of the top leasing agents in the region. New PM started hiring friends and family and found every excuse to write me up and take away my commissions. Let me go right before the holidays and then denied me unemployment. This company has to be the worst OK have ever worked for. Completely ruined my life.

  11. 2 people found this helpful  

    Company who thinks good people are "Easily Replaceable"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Property Manager
    Former Employee - Property Manager

    I worked at Colonial Properties Trust full-time (more than 5 years)

    Pros

    Commission compensation. Residents are great. Not too many Pros.

    Cons

    Lets see, Colonial raves on their "customer service" yet they treat their employees like dirt. Any Regional I ever worked for was awful. This company does not care if you work a 12 hour day, 7 days a week. They expect you to spend no money, yet replace everything your self, and god forbid you get over 2 hours overtime. They keep horrible people, and lose great employees. They think that anyone can do this job. Loyalty means nothing to them.

    Advice to ManagementAdvice

    Stop asking PM's for approval on EVERYTHING! They run the property, they know their residents, you hired them to run the property, yet they have to send a stupid email for approval to order pens? Really? Maybe if you tried to keep your good and loyal employees and not hire crooks or morons who only last 3 months, you would trust your people more. Know wonder why your turn over is horrible.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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