I am Downtown Boston: Michael Monteiro, CEO/co-founder of Buildium
When you’re a landlord, you have a bunch of pesky to-do items on your list. Collecting rent, paying property owners, advertising listings, screening applicants. Although these are important to your day-to-day operations, consider them gnats of rental management. Buzzing around your ears while you have more important things to do – like growing your business and servicing property owners and residents.
This is where Buildium comes in.
With the bulk of their residential property managers managing between 25 and 1000 units, Buildium’s clients have as few as one and as many as 12,000 units under management. They help by automating the lower value, time-consuming stuff (read: squashing the gnats), so managers can focus on more important things.
We sat with Chief Executive Officer Michael Monteiro. He co-founded Buildium with Sapient colleagues Dimitris Georgakopoulos and Christopher Cheung in 2004. These three guys came out of a Cambridge technology consulting company and now boast a roster of more than 130 employees working in three countries serving 10,000-plus customers. Not too shabby.
With an office on Chauncy Street, here’s his insight into how Downtown Crossing has built itself up through the years.
TheVoiceofDowntownBoston.com: You’ve been a local your entire life, from growing up in Lakeville to your days at BC to now commuting from Hingham. How Downtown Boston has changed?
Michael Monteiro: There was a time that Downtown Crossing wasn’t so great. It wasn’t a place you’d want to be at night. Even during the day it was a place to avoid. But there have been a number of improvements in the past decade or so. New stores and restaurants have popped up; the streets and sidewalks have been cleaned up. The area is safer. It’s such a great, central location in the heart of the city. And with these improvements it’s quickly becoming a more desirable place to work and live.
VoD: What can you attribute the growth to?
MM: Downtown Crossing always had a lot of potential. At its worst, it was just a hole in the heart of a great city. I think with the universities coming into the area, and with more businesses expanding beyond the financial district, it was only a matter of time for Downtown Crossing to spring back to life. The city has done a great job at making the area safer, cleaning it up, and positioning it as a more desirable place to eat and shop. With that comes more businesses, more residents, and all around more improvement to the area.
VoD: What do you feel the area has to offer businesses?
MM: Aside from being centrally located, Downtown Crossing is filled with great places to grab lunch or pick up a cup of coffee. Our partners and some of our remote employees can conveniently stay at the hotel across the street when they’re in town for business, plus we’re surrounded by other great businesses and co-working spaces so it’s easy for our people to network, stay active in the community, and participate in professional development opportunities happening nearby.
VoD: How do the people living in the Downtown area get the best of Boston?
MM: The Theater District, Chinatown, the Freedom Trail, Boston Common and the North End… some of the best sites in Boston are just a stone’s throw from Downtown Crossing. There’s really so much to do.