I was managing a social housing company in Paris & I now retired. When they hired me this company
was almost bancrupt, the properties half empty & the flat in extremely bad conditions.
I visited all the units belonging to the company and, with the help of an architect drafted a 15 years rehabilitation plan . I was hard to convince the board to vote for this plan & I threatened to resign, so they voted for the plan.
The bank accounts were empty & debts were very high. I visited all the bankers who had lent money to
the company & obtained substancial reductions on interest rates which enabled the company to return
to normality. All the buildings & flats were rehabilited & new tenants flowed in. The accounts became normal & we made enough cash to build several high buildings for poor tenants. About 15 years later the buildings remained in perfect conditions & the tenants like & respect them.
It is very important to refuse bribes from building companies & to establish an honnest relationship with good architects & serious suppliers.
Recent Comments
Hello,
I was managing a social housing company in Paris & I now retired. When they hired me this company
was almost bancrupt, the properties half empty & the flat in extremely bad conditions.
I visited all the units belonging to the company and, with the help of an architect drafted a 15 years rehabilitation plan . I was hard to convince the board to vote for this plan & I threatened to resign, so they voted for the plan.
The bank accounts were empty & debts were very high. I visited all the bankers who had lent money to
the company & obtained substancial reductions on interest rates which enabled the company to return
to normality. All the buildings & flats were rehabilited & new tenants flowed in. The accounts became normal & we made enough cash to build several high buildings for poor tenants. About 15 years later the buildings remained in perfect conditions & the tenants like & respect them.
It is very important to refuse bribes from building companies & to establish an honnest relationship with good architects & serious suppliers.