 |
| Souad Belkheir |
Atlanta, GA (Jan. 6, 2014) – Strategic changes that
Stonemark Management put in place in the past 18 months are yielding strong
results.
The multifamily property management firm has strengthened
its core operations and expanded service offerings.
This led to a significant increase in the size of the firm’s
management portfolio by approximately 3,000 units net – which is more than 20%
growth – while retaining its back-to-basics, hands-on approach.
 |
| Ashley Monroe |
Starting in 2012, the firm began taking a series of
strategic steps to broaden its internal executive staff, improve its financial
and management functions and accommodate growth.
Several key hires made at that time have helped the firm
move forward in many ways.
·
As Internal Risk Manager, Souad Belkheir has
helped develop and administer risk management and loss-prevention policies and
programs, while increasing supervision of legal and regulatory compliance
functions.
·
Corporate Controller David B. Little, CPA,
helped increased efficiency and accuracy in cash flow analysis and revenue
projections, audits and a number of other tasks. He also provides additional
support to the Vice President of Accounting.
 |
| David B. Little |
·
Ashley
Monroe, who became Vice President of Operations a year ago, is celebrating
her first year with the firm. The creation of the new executive role helped the
company sharpen its existing procedures and practices and strategically
position itself for growth.
“The internal strength we’ve added over roughly the past
year lets us offer more value to our clients, which helps bolster the outlook
for their investment assets,” said Michael Taylor, CEO of the Stonemark
Group.
Stonemark manages multifamily communities for a large number
of third-partner owners and investors, as well as joint ventures involving its
corporate partner Stonemark Equities.
 |
| Michael Taylor |
The Stonemark Group
focuses on the acquisition, financing, ownership, management and disposition of
multifamily real estate investments in the Southeastern U.S. and Texas.
The group includes Chicago-based Stonemark Equities and
Atlanta-based Stonemark Management.
For more information, visit http://www.stonemarkmanagementllc.com.
For a complete copy of the company’s news release, please
contact:
Terri Thornton
(404) 932-4347
.
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