Esponda Associates Inc.
Esponda Associates Inc. is a full-service property management company specializing in fraternity housing. Our understanding of the fraternity world enables us to work with fraternity chapters to develop a living-learning experience through successful chapter house management. By handling budgeting, large capital improvement projects, rent collection, lease collection, and administrative and legal services, the Esponda Associates Inc. Staff allows fraternity chapters to focus on chapter operations and leadership development.
Our staff also sets expectations with chapters and hold them accountable for living up to their responsibilities. Chapters receive valuable resources that enable them to responsibly manage chapter budgets, utility payments, room selection, daily maintenance, and other tasks.
On a local level, each fraternity house is operated by undergraduate members of the chapters that reside within. The boards of these student groups are trained to handle a wide range of operational tasks and effectively run their own business. They collect revenue and take care of their own expenses such as utility costs, food service, and small repairs. They learn how to obtain competing bids, select vendors, obtain insurance, pay employees, and many other skills which will apply to any “real world” business. The cooperative nature of the business also forces them to learn how to manage volunteers, motivate, and educate others.
Our staff also sets expectations with chapters and hold them accountable for living up to their responsibilities. Chapters receive valuable resources that enable them to responsibly manage chapter budgets, utility payments, room selection, daily maintenance, and other tasks.
On a local level, each fraternity house is operated by undergraduate members of the chapters that reside within. The boards of these student groups are trained to handle a wide range of operational tasks and effectively run their own business. They collect revenue and take care of their own expenses such as utility costs, food service, and small repairs. They learn how to obtain competing bids, select vendors, obtain insurance, pay employees, and many other skills which will apply to any “real world” business. The cooperative nature of the business also forces them to learn how to manage volunteers, motivate, and educate others.