Working at Towne Properties | Glassdoor
Best Small and Medium Companies to Work For 2020

Towne Properties Overview

Cincinnati, OH
501 to 1000 employees
1961
Company - Private
Real Estate
$10 to $25 million (USD) per year
Towne Properties: creating Great Places to LIVE, WORK, SHOP & PLAY® since 1961!

Since 1961, Towne has engaged in property development and management including condo sales, developing award-winning apartments, landominiums, and ... Read more

Mission: As a Master Developer, to Contribute to a Better Community by Profitably Creating, Marketing, and Managing Great Places to Live, Work, Shop & Play®.


Glassdoor Awards

Best Places to Work: 2020 (#27), 2019 (#40)

Company Updates

  • Towne Properties is honored to have been named as an honoree at the 2020 Cincinnati Pillar Awards for Community Service.

  • Since 1998, The Medical Mutual Pillar Award for Community Service, presented by Smart Business, honors businesses of all types and sizes that make outstanding contributions to their communities. Its purpose is to encourage a charitable environment, recognize creative efforts that make a difference and demonstrate the ties between the for-profit and nonprofit worlds.

    Towne is honored to be recognized for such an amazing award for the 2020 year.

See AllSee All

Towne Properties – Why Work With Us?


It all started back in the summer of 1960 when two men came up with a crazy idea: to create a few exciting new apartments for affluent young singles at the top of Mt. Adams. During a time when people were migrating to the suburbs, Neil Bortz and Marvin Rosenberg focused on rehabilitating an old world neighborhood of row houses on steep, crooked streets.

Their first building was converted into two apartments overlooking Cincinnati and rented almost immediately. When the next apartments rented just as quickly and Bortz and Rosenberg realized they had a great opportunity for a sustainable business. In June 1961, Towne Properties was established and the company dedicated it’s time to leading the rebirth of Mt. Adams.

It was a great place to start a business. Mt. Adams is blessed with great views of the Ohio Valley, the hills of Kentucky, and downtown Cincinnati and only steps away from the 400-acre Eden Park. Towne’s new apartments in Cincinnati were unlike anything else available. Each apartment featured loft dens, wood burning fireplaces, private gardens and rooftop decks, wall to wall carpet, all within refurbished traditional exteriors.

Buoyed by their initial successes, Bortz and Rosenberg took their strategy into the suburbs in the mid-1960s. Towne welcomed its third partner, Lambert Agin, who brought an extensive understanding of residential construction. With Agin’s help, Towne began developing a collection of award-winning garden apartment communities throughout Cincinnati, Dayton, and Lexington, Kentucky.

In the mid-1970s Towne began building and selling condominiums in the suburbs and started offering its management services to third party owners. Towne also acquired, planned, zoned, and developed land for both its own use and for single-family developers.

By the mid-1980s Towne took on a number projects with various strategic partners. Towne began developing retail centers, including strip malls and Cincinnati’s Kenwood Towne Center, as well as downtown office rehabs in Cincinnati and Dayton, suburban office parks, and recreational properties like Four Seasons Marina and The Club at Harper’s Point.

Towne assumed a leadership role in the renaissance of downtown Cincinnati in the early 1990s with new partner Arn Bortz, former Cincinnati mayor, in charge. Towne began developing renovated office space and mixed-use projects, including the Backstage Entertainment District and Fountain Place in the heart of downtown Cincinnati.

Today, Towne’s portfolio is in the capable hands of Robert Wahlke, John Recob, and Derek Wehman. With their 85 years combined experience Towne now manages and/or owns a portfolio of more than 15,000 apartments, 116,500 condominium and homeowner’s association units, and 815,000 square feet of retail space, plus a tennis club and a marina.

Towne continues to look to the future and will continue to create communities that are “Great Places to Live, Work, Shop, and Play®.”

Interested in career development and advancement, training opportunities, excellent benefits and working for a company invested in the future of its employees?  Come join Towne Properties a diverse, fast growing property management and development company dedicated to making Great Places to LIVE, WORK, SHOP & PLAY®!

See what some of our associates are saying about their career with Towne Properties:

 

 

 

 

 

 

 

 

 

Towne Properties takes Corporate Social Responsibility very seriously.  Below are a few of the places we volunteer and fundraise for.


Great Places to Work®

At Towne Properties, we value our associates and provide a variety of options that work best for them and their families.

Benefits Package*

Towne Properties offers medical, dental, and vision benefits packages to meet a variety of health needs.  We also offer a variety of wellness programs onsite.  

401(K)

Associates have the opportunity to save on a before-tax basis through convenient payroll deductions. Towne Properties also offers employer matching contributions.

Rewards and Recognition

Associates are recognized for a variety of efforts and achievements, such as anniversary rewards, performance awards presented at our company's annual appreciation day, and many more.

Flexible Spending Plans

Set aside pre-tax income for reimbursement of eligible dependent daycare and health care expenses.  These usually equate to a large tax savings for our associates.

Training and Professional Development

Our devoted Training and Development Department delivers nearly 100 training classes annually for our associates to hone their skills.  A variety of professional designation programs are also offered to foster professional development.

Educational Reimbursement Program

Associates who to choose to go to training or schooling for their current job function can apply for assistance paying for tuition.

Paid Time Off and Holidays

Associates earn paid time off each month to use for sick or personal time, and vacation time. After five years of contintued employment, associates begin to earn addition time.  Towne Properties also provides regular paid holidays each year.

Voluntary Benefits

Associates can also take advantage of auto and home insurance, as well as prepaid legal services, which can be purchased at special rates.

Other Perks

Beyond rewarding work in a fun and interesting industry, we have additional perks available:

  • Free fitness center
  • Volunteer and fundraising programs including Adopt a Class, The United Way, The Leukemia & Lymphoma Society, and many more
  • Discounts to area museums, zoos, events, and attractions
  • Paid day off for your annual work anniversary
  • Veteran's Day- paid day off for our associates with Veteran status

*Some variances in program details may exist for individual employee groups or locations. Check with local management for coverage details.  Some benefits are only for full-time associates.

 

Towne Properties Reviews

  • Featured Review

    "Love Working for Towne Properties"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Leasing Manager
    Current Employee - Leasing Manager
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Towne Properties full-time (More than 3 years)

    Pros

    Great Communication, Decent Wages, Friendly Staff, Really do Care about Employees, Involved in communities, promote from within, low employee turn-over.

    Cons

    Insurance provider, wages(commissions are low)

    Advice to Management

    Real Estate Agents make more commissions than we as employed agents do by extreme margins. Leasing is the backbone of a community and should reflect in commissions.

See All 121 Reviews

Towne Properties Photos

Towne Properties photo of: Flannel Friday 2019
Towne Properties photo of: Medical Mutual Pillar Award For Community Service 2020
Towne Properties photo of: Pajama Day 2019
Towne Properties photo of: Flannel Friday 2019
Towne Properties photo of: Flannel Friday 2019
Towne Properties photo of: Flannel Friday 2019
See All PhotosSee All

Towne Properties Interviews

Experience

Experience
92%
4%
4%

Getting an Interview

Getting an Interview
76%
8%
8%
4
4

Difficulty

2.6
Average

Difficulty

Hard
Average
Easy
  1. Featured Interview

     

    Community Manager Interview

    Anonymous Employee in Centerville, OH
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. I interviewed at Towne Properties (Centerville, OH) in May 2018.

    Interview

    Submitted resume and cover on the property website, and the next day received a call from their in-house rectuiter, we had a great Q&A, she did follow through as she said she would and pass my resume along to the area VP for him to call and he did - within a hour of me speaking with the recruiter. Went in a few days later, met with the area VP and district manager and was extended an offer right there!

    Interview Questions

    • Tell me what you know about Towne Properties   1 Answer
See All 25 Interviews

Towne Properties Awards & Accolades

  • Great Place to Work 2019, Glassdoor Employees Choice Award, 2018
  • Top Workplaces, The Cincinnati Enquirer, 2019
  • Top Workplaces, The Cincinnati Enquirer, 2018
  • Light The Night Walk Top 3 Corporate Fundraisers, Leukemia and Lymphoma Society, 2018
  • Deloitte Cincinnati USA 100, Deloitte, 2018
See More

Work at Towne Properties? Share Your Experiences

Towne Properties
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or