Monday, June 5, 2017

Passco Cos. Promotes Stacy Stemen in New Role to Vice President, Corporate Marketing

Stacy Stemen

                IRVINE, CA (June 5, 2017) –  Passco Companies, LLC has announced the promotion of Stacy Stemen to Vice President, Corporate Marketing, a new position created by the firm to recognize her role as part of the firm’s executive team, according to Larry Sullivan, President of Passco Companies. 

“In addition to driving our external brand and our internal culture, Stacy is a strong part of our industry, finding leading-edge strategies and generating new key industry relationships for the firm,” Sullivan explains. “Promoting her to Vice President, Corporate Marketing, denotes the value we place on her, and on the work she is accomplishing in helping us reach our goal to acquire $1    billion in real estate this year.”

Larry Sullivan
Stemen, who joined Passco in 2013, is also President-Elect of Commercial Real Estate Women, Orange County Chapter (CREW-OC), and is an active member of the International Council of Shopping Centers (ICSC) and Alternative and Direct Investment Securities Association (ADISA).

“As the incoming President of CREW-OC, the industry's leading real estate networking organization focused on the achievements of women, Stacy demonstrates both her real estate expertise and her recognized position in our industry’s leadership,” explains Sullivan.

Stemen has more than a decade of experience in the commercial real estate arena, as well as having held positions with Hyatt Hotels Corporation and the American Red Cross. A graduate of California State University, Fullerton, Stemen resides in Orange County with her husband and son.

For a complete copy of the company’s news release, please contact:

Lauren Burgos/ Lexi Astfalk
Brower, Miller & Cole
(949) 955-7940

The Habitat Company Launches New Online Payment System

Sheila Byrne
CHICAGO, IL – Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, has become one of the first national property management companies to roll all of its market-rate rental properties into an electronic rental payment system.

Habitat implemented its new online payment program earlier this spring across its five-state, 8,800-unit rental portfolio to benefit its residents as well as the environment.

Habitat first introduced an online payment-only system to a few properties in 2011. After strong success with the new payment program, Habitat began to gradually move more of its properties to electronic rental payment systems and recently revamped its payment system to make it possible for residents of all of its market-rate properties to pay from the comfort of their home or anywhere they have online access.

This move furthers Habitat’s role as an innovative industry leader. Now, residents no longer have to spend time physically dropping off payments or waste paper writing checks.

“The Habitat Company is always looking for ways to positively impact the lives of residents, and streamlining our payment system achieved immediate benefits as well as environmental efficiencies,” said Sheila Byrne, executive vice president of property management for The Habitat Company.

 “Plus, on the back end, eliminating the administrative and accounting work of processing checks helps free up time for the Habitat team to better serve the needs of our residents.”
For a complete copy of the company’s news release, please contact:

Kim Manning,, (312) 267-4527
Rebecca Boykin,, (312) 267-4523