Managing Multiple Skills With: Carmelo Milio
President, Trion Real Estate Management
It takes mastery of multiple skills to succeed in real estate management. Carmelo Milio’s success in the field—and his election as president of the Building and Realty Institute of Westchester and the Mid-Hudson Region (BRI)—indicates he has them all. Milio, 36, also holds a demanding “day job” as president of two companies, Trion Real Estate Management and Trion Holdings, LLC, which invests in multi-family properties. “Every day is different,” says Milio, who lives in Armonk with his wife and two young daughters. “You’re always troubleshooting issues and helping people. There’s a sense of accomplishment when you know you’re improving the quality of life for 1,700 families.”
Those families reside in the 31 buildings Trion manages; they are split between Westchester, New York City, and Dutchess County. Milio entered the real estate business after college. In addition to managing his own buildings, he represents condo and co-op boards, as well as rental properties for other owners, a business he added in 2002.
“It’s a business with many different areas where you need knowledge and experience,” Milio points out. He says necessary skill sets include, among others, accounting, customer relations, and real estate law.
Milio was elected president of the BRI, the largest county real estate organization, earlier this year. Among the 1,500 members are landlords, condo and co-op boards, building managers, builders, and remodelers.
Juggling the interests of landlords, tenants, and condo boards is rewarding, Milio says, but adds: “I take great pride in creating growth for the people who work for me.”