Tower Compliance Director Earns HCCP Designation

Tower Management Real Estate, LLC Managing Member David E Wilson, CPM, SHCM has announced that David Catlett has been awarded the prestigious Housing Credit Certified Professional (HCCP) designation. Catlett, who joined Tower Management in October 2014, also holds the Certified Occupancy Specialist (COS) and Novogradic Property Compliance Certification (NPCC) designations.
Wilson said “The addition of the HCCP designation to David’s education shows the commitment Tower Management has to compliance of all our Low Income Housing Tax Credit properties. We understand the importance of protecting the tax credits associated with our tax credit portfolio and this additional education by our compliance director demonstrates our commitment investors.”

David Catlett, who also monitors compliance on Tower’s Section 8 housing properties said “The HCCP designation helps our clients know at Tower Management nothing is more important on a tax credit property than compliance. We often say we would rather be 100% complaint and 90% occupied than 100% occupied and 90% compliant. While obviously financial performance is important we will not sacrifice compliance.”

Tower Management Real Estate, LLC based in Hot Springs, AR manages more than 2000 units in Arkansas, Mississippi and Louisiana. The portfolio is made up of LIHTC properties, Project Based Section 8 and Market Rate properties.

For your management needs, regardless of the type of property you own, call David E Wilson at (501)622-3199 extension 101 or email him at davidw@towerarkansas.com

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Tower Management Appointed Receiver of Little Rock Property

Pulaski County Circuit Judge Christopher Arnold has issued an order appointing Tower Management Receiver for Pine Garden Apartments in Little Rock.  Tower Management Managing Member, David E Wilson, CPM, SHCM said “We are pleased that Circuit Judge Arnold agreed that our qualifications for property management met the high standard required to be a receiver.  Pine Garden certainly offers challenges but we look forward to working with the court to bring the property to a stabilized operating level.”

Pine Garden is a 137 unit garden style apartment property at 6414 Baseline Road. It consists of one, two and three bedroom apartments.  Christy Scruggs was appointed as the Property Manager by Tower Management. Christy had been the assistant manager at another large property in that sub-market.  Wilson said of Christy, “I was so pleased with Christy’s hiring at Pine Garden.  She brings extensive knowledge of that area of Little Rock having worked right down the street from Pine Garden for many years.  I know that Christy will be a valuable asset for us as we begin to transition Pine Garden.”

You can reach Christy at the Pine Garden office at (501)568.0314.

 

About Tower Management Real Estate

Tower Management Real Estate is based in Hot Springs, Arkansas and has more than 2,000 units under contract in Arkansas, Texas, Mississippi and Louisiana.

For more information on how your property can join the Tower Management portfolio contact David at davidw@towerarkansas.com or call him at 501.622.3199, ext 101.

Tower Management is an Equal Housing Opportunity management company.

 

 

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Monticello Manager Applauded by Local Banker

Tower Management Real Estate Managing Member, David E. Wilson, CPM, SHCM congratulated The Ridgeway of Monticello Property Manager Missy Rushing for her outstanding job at going above and beyond.  “Missy has always been a believer in strong customer service, but the feedback we got from Denice Harper at Union Bank in Monticello proves that Missy’s attitude extends to the local community as well.  When I received the following note from Ms. Harper I was not surprised to hear that Missy had done such a great job.”

 

Missy,

You were so gracious to give me a tour of The Ridgeway today when I just showed up at your door!  What a great place and a wonderful benefit to the seniors of our community who need affordable housing in a safe, clean, friendly environment.  You have such a great facility and you play a very important role in keeping it all under control–they are lucky to have you.!

If you should need anything from me or from Union Ban, please do not hesitate to call.

Denice Harper

Vice President

Union Bank, Monticello

 

“All of our managers at Tower Management take pride in the service we provide not only to residents but also to the community we serve.” Wilson added.

The Ridgway of Monticello is a Low Income Housing Tax Credit property for seniors 62 years of age and older.  It is located in a historic hotel in downtown Monticello that was rehabbed into 32 apartments for seniors.

 

About Tower Management Real Estate

Tower Management Real Estate is based in Hot Springs, Arkansas and has more than 2,000 units under contract in Arkansas, Texas, Mississippi and Louisiana.

For more information on how your property can join the Tower Management portfolio contact David at davidw@towerarkansas.com or call him at 501.622.3199, ext 101.

Tower Management is an Equal Housing Opportunity management company.

 

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Tower Management Real Estate Takes Over Piney Wood Estates

FOR IMMEDIATE RELEASE

Tower Management Managing Member David E. Wilson, CPM, SHCM has announced the latest member of the growing portfolio of Tower Management.  “Effective March 1, 2014 Tower Management and the General Partner of Piney Wood Estates executed a management agreement placing Tower Management as agent for the property’s operations.  We are excited bout our growing relationship with the owners of Piney Wood Estates.” Wilson pointed out the owners of Pine Wood Estates also are involved with the ownership of Jonesboro Haven, a property Tower began managing in 2012.  “We believe this new contract with Piney Wood Estates shows how Tower Management proves to our clients that we can be trusted with their entire portfolio.  The confidence the partnership has shown in us with this new contract is very flattering to all at Tower Management and confirms the success we have had managing their other asset.”

Piney Wood Estates, located at 282 Bond in Jonesboro, LA is a 40-unit detached single family development operating under the rules and regulations of the Low Income Housing Tax Credit program.

About Tower Management Real Estate

Tower Management Real Estate is based in Hot Springs, Arkansas and has more than 2,000 units under contract in Arkansas, Texas, Mississippi and Louisiana.

For more information on how your property can join the Tower Management portfolio contact David at davidw@towerarkansas.com or call him at 501.622.3199, ext 101.

Tower Management is an Equal Housing Opportunity management company.

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