First Community ManagmentProperty Management Company of the Year - Chicago 2026

First Community Management is a Chicago-area property management firm that works exclusively with condominiums, cooperatives, and homeowner associations. It oversees more than $3.5 billion in assets serving client communities including high-rises and mid-rises, to townhome and HOA neighborhoods,

The firm’s financial discipline is a hallmark of its service. FCM delivers financial packages timely every month. In a typical year, the firm moves an average of $46 million in monthly transactions. It has also managed capital projects with a combined value of more than quarter billion.

FCM’s work is guided by a 130+ point High Touch Management Service Standard and a 300+ point Property Inspection and Maintenance Plan. The result is high client retention and response-time standards the firm describes as unmatched in the industry.

The company is led by President Milena Radjenovich and a team of Executives in accounting, community management, client relations and satisfaction. They emphasize ongoing training, mentorship, and employee development, ensuring client satisfaction and contractual continuity.

FCM is active in the industry it serves with its leadership team and employees serving local and national committees. Team members also take part in community outreach and volunteer work.