News

Tower Real Estate Compliance Director Earns Accreditation

David Catlett, COS, NPCC Director of Compliance at Tower Real Estate recently earned the prestigious designation of NPCC (Novogradic Property Compliance Certification) which demonstrates his expertise in tax credit housing compliance.  This designation is awarded by Novogradic & Company following intensive classroom training and successfully completing the testing following the training.  Novogradic is considered the nation’s leader in the Low Income Housing Tax Credit (LIHTC) field.  They are based in San Francisco with offices in 13 states.

Mr. Catlett completed the required course work at a Novogradic seminar in Atlanta, GA and successfully passed the test to earn the NPCC designation. 

In addition to the NPCC designation, Mr. Catlett also holds the Compliance Occupancy Specialist designation giving him the credentials to oversee HUD housing compliance.

Managing Member of Tower Real Estate, David E. Wilson, CPM said of Mr. Catlett’s achievement, “David has demonstrated his ability to lead our company in this complex field with his daily work.  Now with this designation David will reassure our clients, both the individual and institution Tower Real Estate will help protect their investments.  With our Regional Property Manager, Amelia Roy’s extensive background in property management both in a supervisory role and working on site Tower is well equipped to manage all types of properties for the real estate investor.”

Wilson also holds the Specialist in Credit Housing Management giving Tower Real Estate the strong credentials to manage and operate a wide variety of housing that has oversight from the Internal Revenue Service as well as the Department of Housing and Urban Development.

Tower Real Estate, based in Hot Springs, manages more than 2,000 apartment units in 4 states.  It is one of the largest third party fee management companies based in Arkansas.

For more information about the services offered by Tower Real Estate, contact David E Wilson, CPM, SHCM at 501-622-3199 extension 101.

 

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...

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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

David E. Wilson, CPM, SHCM congratulated The Ridgeway of Monticello Property Manager Missy Rushing

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Tower Management Real Estate Takes Over Piney Wood Estates

Tower Management Managing Member David E. Wilson, CPM

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