Providing the best service possible at a fair price.
At Protea Real Estate, we pride ourselves on being one of the leading property management companies in the Dallas/Fort Worth (DFW) and surrounding areas. With over 30 years of experience, we have established ourselves as a trusted and reliable partner for property owners and managers. Our team has a deep understanding of the real estate industry, and we strive to provide the highest level of service to our clients.
Our History
Protea Real Estate was founded in 1997 by the late Godfrey Traub. Since then, we have grown and expanded our services to include multifamily property management, retail property management, office and industrial property management, and homeowner association management. Our team is committed to providing exceptional service and expertise in all aspects of property management.
Our Services
At Protea Real Estate, we offer a range of services designed to help property owners and managers achieve their goals. Our services include:
- Due Diligence: Our thorough due diligence process ensures that our clients have a complete understanding of the property they are purchasing or managing.
- Property Renovation: With our extensive experience in renovating and upgrading apartment communities, value add, and construction supervisory services, we can help our clients maximize the potential of their properties.
- Accounting: Our accounting services include financial reporting, cash or accrual accounting, and escrow account management.
- Property Tax Assessment: We can help our clients navigate the complex world of property tax assessment and protests.
- Additional Services: Our team is available to assist with city ordinance and code enforcement issues, state laws, and current market conditions.
Some of our specialty services include:
- Troubleshooting
- HVAC Services
- Plumbing Services
- Fence Repair
- Emergencies
- Fully Insured
Our Team
At Protea Real Estate, we are proud of our experienced and dedicated team. Our team members include:
- Lawrence Traub, President
- Patricia Doles, Controller
- Sandra Martin, Commercial Property Manager
- Huyen "Wee" Reed, Team Leader
- Cathie Hood, Senior Vice President
Properties
We have managed numerous properties over the years, including multifamily communities, retail shopping centers, office and industrial parks, and homeowner associations. Some of our notable properties include:
- Spicewood Crossing
- Parkside Towns
- Saturn Square Apartments
- The Courts of Bedford
- Whispering Oaks Apartments
- Lakeview Apartments
- Lakeview Estates
- Homeowners Associations: Brookhaven Condominiums, Hollows North Condominiums, Copperfield Condominiums
Contact
For more information about our services and properties, please visit our website or contact us at 972-248-6065.
Protea Real Estate Management Experience
Positive Experiences
- Multiple reviewers praised Protea's responsiveness, professionalism, and effectiveness in managing HOAs and properties.
- Wee, a manager at Protea, was specifically mentioned as being knowledgeable, patient, and trustworthy.
- Sandra Martin, another Protea team member, was also commended for her prompt responses and priority on tenant concerns.
Negative Experiences
- Several reviewers expressed frustration and disappointment with Protea's management of various properties, citing issues with maintenance, communication, and accountability.
- Common complaints included unaddressed concerns, poor living conditions, and perceived discrimination.
- Some reviewers felt that Protea's management style was unprofessional, incompetent, and corrupt.
Specific Concerns
- Issues with trash and waste management were mentioned multiple times, including overflowing garbage areas and uncollected trash.
- Maintenance and upkeep were also cited as problems, with reviewers mentioning mold, dirty breezeways, and broken appliances.
- Communication was another area of concern, with some reviewers feeling that their concerns were ignored or dismissed.
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