Apartment operators who run smaller communities now have another opportunity to get connected to the AMA. The IRO (Independent Rental Owners) group for owners of apartments up to 250 units kicked off their first meeting with a social hour at Tempe’s Macayo’s.
Their goal is to be an “invaluable resource for all apartment owners and provide suggestions to increase cash flow and maximize value.” More than 85 attendees gathered to hear former Tempe councilman Corey Woods, Denise Holliday of Hull, Holliday & Holliday and Bob Myers of Avant Garde Management Services. Woods discussed the changing face of Tempe and how new businesses coming into the area have impacted the East Valley.
The event, sponsored by Kasten Long Commercial Group, included a presentation by Linda Fitz-Salazar, Scott Trevey and Jim Kasten. Together, they presented a market update and forecast on the rental industry. Trevey also discussed how owners could reduce their expenses and improve apartment operations.
This article was originally published in the April/May 2017 issue of Apartment News, the official print publication of the Arizona Multihousing Association. To order copies of this magazine, contact the AMA.