Ocean Bay Resorts + Properties

Who We Are | Property Management with Purpose

Ocean Bay Resorts + Properties Corp. is one of the most innovative professional real estate and hospitality management, development and operational firms in the market.

Founded in 2008, our company has excelled as a premier operator in areas such as New York’s the Hamptons, the East End of Long Island and South Florida.

Our 360 Approach to real estate focuses on revenue growth, branding initiatives, customized experiences, reduced operating expenses and property enhancement with insightful, long-term planning. The result is a complete service provider for all your real estate management, development and operational needs.

Ocean Bay Resorts + Properties is more than just a watchful eye over your property. We’re a true partner who’s committed to providing you with highest-quality service you deserve, making the property management process as pleasurable as it is profitable.

We start with our unique 360-degree approach, re-imagining the industry by providing comprehensive services that reach every touchpoint imaginable at the property and beyond.

In fact, we hesitate to call it “property management” at all. What we really offer is “property advancement.” From branding, to day-to-day operations, sales and marketing, and interior and exterior design, Ocean Bay Resorts + Properties navigates the way to higher guest satisfaction and new revenue streams, ultimately leading to increased profits.

Through our proactive and proprietary approach, we find and create solutions that drive business forward and propel success. We offer service like no other, to clients like no other, in an area like no other — because there’s no other like us.

Our Manifesto | Your Partner in Property Advancement

Ocean Bay Resorts + Properties is more than just a watchful eye over your property. We’re a true partner who’s committed to providing you with highest-quality service you deserve, making the property management process as pleasurable as it is profitable.

We start with our unique 360-degree approach, re-imagining the industry by providing comprehensive services that reach every touchpoint imaginable at the property and beyond.

In fact, we hesitate to call it “property management” at all. What we really offer is “property advancement.” From branding, to day-to-day operations, sales and marketing, and interior and exterior design, Ocean Bay Resorts + Properties navigates the way to higher guest satisfaction and new revenue streams, ultimately leading to increased profits.

Through our proactive and proprietary approach, we find and create solutions that drive business forward and propel success. We offer service like no other, to clients like no other, in an area like no other — because there’s no other like us.

obrp-property

Trust. Commitment. Transparency.

The industry is constantly changing, but one thing that doesn’t change is our unwavering principles. At Ocean Bay Resorts + Properties, we’re proud of the success and returns we’ve driven to our property investors and clients. We’re happy to share that winning formula with you here to see not only why we do what we do, but how.

  • Innovation—We never settle. By combining the latest technologies with progressive thinking, we’ve streamlined our own internal operations and empowered property owners, delivering a superior experience.
  • Boldness—We get the job done. Professionalism and responsibility have always been the foundation of our company, but bold, impactful decision-making is what drives us forward, creating real change in our industry.
  • Creativity—We outsmart the system. By taking a unique approach to real estate, we’ve developed creative growth strategies and solutions to help us become more efficient and effective.
  • Insightfulness—We understand the industry. Our many years of experience and diverse set of specialty areas have provided us with invaluable insights to help us revolutionize property management.
  • Stability—We’re always there. Through open communication, accessibility and full transparency, we provide property owners with the information they need and the peace of mind they deserve.

Leadership | Exceeding Expectations

Ocean Bay Resorts + Properties is lead by passionate innovators in the industry who rely not only on their robust experience in finance, accounting and real estate, but on intuition, progressive thinking and professionalism. Together, and with their industry connections, our leaders proudly continue to drive our company beyond the expected, achieving maximum results for our clients.

Rick Herrmann
Chief Executive Officer, Co-Founder

With over 30 years of experience in the real estate and tourism markets, Rick Herrmann has a tenacious ability to create long-term vision for real estate portfolios. Rick co-founded Ocean Bay Management, Inc. in 2008, and was instrumental in establishing the vision and strategy of the organization.

He is committed to its continued growth, working effectively with our Board of Directors to maintain and manage the physical condition of the portfolio as if it were his own. Relying on his innate leadership abilities and strong work ethic, Rick sets the standard for his professional management team, and sees that they live up to it each day.

Thomas Herrmann
Chief Operating Officer, Co-Founder

In his final year of business school in New York City, Tom co-founded Ocean Bay Management and is responsible for carrying out the company’s organized and effective business model. With an entrepreneurial spirit and goal-oriented diligence, he has built out the company’s operating platforms, financial controls, reporting systems, brand positioning and legal compliance.

Also highly skilled in the Marketing field, Tom blends his creativity and industry knowledge to create engaging marketing direction for our portfolio of resort properties.

Michael Goldfarb
Chief Financial Officer

With over 20 years of expertise in corporate accounting and financial reporting, Michael’s passion for finances has allowed him the privilege of becoming an invaluable asset to numerous property management teams from Manhattan to Montauk.

His most recent position as Controller of a large property management company situated on Long Island’s east end allowed Michael to focus his responsibilities around effective, timely communication with property Boards, Shareholders, HOAs and colleagues. Michael prides himself on his strong work ethic and ability to establish lasting relationships with the properties he represents, always valuing their best interests.