What Separates Third Party Managers in 2026 │ Teddy Abdelmalek, SVP of Business Development at HH Red Stone Properties

Teddy Abdelmalek is SVP of Business Development at HH Red Stone, the management arm of HH Group. He’s spent more than 20 years in student housing and conventional housing. Today, HH Red Stone now manages more than 10,000 units across the country. Teddy is leading their gradual expansion. Jacob Kosior and Teddy get into why owners grow jaded after cycling through management companies, the fee model that ties a manager's pay to NOI so they only win when the owner does, and why passive management no longer holds up. They also dig into the owner operator edge in a shared market, methodical growth over excessive speed, and how AI fits into the puzzle. The throughline underneath all of it: manage every asset like you own it.In this episode:00:26 - Jacob’s introduction of Teddy01:08 - This or That03:20 - What separates the managers who win from the ones who stall07:32 - Property management vs asset management09:12 - Rethinking the fee: sharing the risk with owners11:00 - The math that misaligns managers and owners13:49 - Winning over an owner who has been burned before16:28 - Methodical growth over chasing scale19:43 - Why reputation outlasts any single deal20:33 - How Teddy actually uses AINew episodes twice a month. Follow the show so you never miss one. In Good Company is a multifamily podcast by EliseAI. 🔗 Learn more: https://meet.eliseai.com/4nSeP7b