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Press Release:
Pacific West Management, Inc. Joins U.S. Residential Group, Inc. to Serve Multi-Family Industry Nationwide
DALLAS, Texas, March 24 (SEND2PRESS NEWSWIRE) -- Pacific West Management, Inc. ("Pacific West Management") is pleased to announce its affiliation with U.S. Residential Group, Inc. ("U.S. Residential Group"), a Dallas-based company established to provide multi-family real estate services on a nationwide scale.According to Al Fenstermacher, CEO of Pacific West Management, "Pacific West Management has been successfully operating in the Western and Sunbelt states for more than 30 years. Our affiliation with U.S. Residential Group has allowed Pacific West Management to continue providing its excellent fee-based apartment management services and, moreover, has enabled us to capitalize on the expertise of our principles and bring added services to the needs of the multi-housing industry on a coast-to-coast scale." U.S. Residential Group is a full-service, fee-based management company for conventional and affordable multi-housing communities. By combining the talents and expertise of apartment professionals with more than 30 years of experience from each region of the country, U.S. Residential Group and its key employees have experience operating over 80,000 units throughout the United States. Services offered include fee-based apartment management to both traditional and affordable communities with a heavy emphasis on affordable housing compliance, auditing and agency reporting. The fee-management division provides all management services including full property staffing and operations, marketing and lease up, resident retention programs, property accounting, banking and reporting as well as renovation management. They also specialize in transitional management, stabilization and repositioning of distressed properties. "In addition to property management," Fenstermacher noted, "our Real Estate Services Division provides an invaluable resource for troubled or challenged communities. With the ever-changing economic climate, many properties benefit from our experience to bridge the gap between owners, lenders, buyers and sellers." U.S. Residential Group's Real Estate Services Division assists all parties in achieving workable solutions through transitional management of REO property, receiverships, affordable housing compliance consultation, due diligence, loan restructuring and borrower representation, and joint venture opportunities. Pacific West Management President Bev Ferguson will assume that role at U.S. Residential Group. Mrs. Ferguson has been active in property management for more than 25 years and opened the Pacific West Management Texas office in 2001. Her expertise encompasses all phases of the industry including marketing, financial management, staffing, property takeovers and capital improvement projects. The Real Estate Services Division will be headed up by Todd Minor, who has negotiated and closed more than $2 billion of real estate loans as Executive Vice President of a real estate investment and development company, and has extensive loan workout experience as senior vice president for six REITs operating throughout the country. For information, visit them on the Web at www.USResidentialGroup.com or call (949) 597-9700.
NEWS SOURCE: Pacific West Management, Inc.
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REFERENCES: Pacific West Management, Inc. Joins U.S. Residential Group, Inc. to Serve Multi-Family Industry Nationwide, Pacific West Management, CEO Al Fenstermacher, multi-family real estate services, fee-based management company for conventional and affordable multi-housing communities, property staffing and operations, marketing and lease up, resident retention programs, property accounting, banking and reporting as well as renovation management, Texas news, press release, Mar 24, 2010. |
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