Summit Management Services, Inc. Opens Western Regional Headquarters
Fort Collins, CO (PRWEB) July 12, 2013 -- SMSI purchased Stone Creek Plaza, a 10,000 sq.ft. plaza and converted the retail space into corporate offices and a state-of-the-art fitness center that is accessible 24/7 to the residents of their nearby properties- Landmark Apartments, Stone Creek Apartments and The Arbors at Sweetgrass.
“From the new regional headquarters, we are able to provide property management services and support the future growth of SMSI in the Western Region. This is a growing area of the country due to lifestyle changes and career opportunities.” commented Amit Pollachek, Regional Asset Manager. “In addition to the new offices, we also added a new fitness center and are in the process of significant ongoing renovations to all our properties.”
SMSI, based in Akron, Ohio, owns and professionally manages over 4,000 housing units across Ohio, Colorado and North Carolina. In 2008, SMSI purchased their first Colorado property, Landmark Apartments, a 120-unit student apartment complex located across from Colorado State University. In 2010, they acquired Stone Creek Apartments, a 167-unit luxury, Class A property and in 2012, The Arbors at Sweetgrass, a 259-unit, Class A property.
“Our Colorado properties have been an extremely successful investment providing unique returns to our investment partners since our assets generate an ongoing revenue stream,” commented Edward Newman, Chief Executive Officer. “We’ve developed a proprietary property management formula that results in extremely high resident satisfaction, low turnover, and high occupancy. We are looking to acquire additional Class A properties in both the Colorado and North Carolina regions.”
For additional information, please visit http://www.summitmanagementliving.com or contact: Mr. Edward M. Newman, CEO, CPM, Summit Management Services, 730 W. Market Street, Akron, OH 44303, (330) 762-4011, enewman(at)summitmanagementservices(dot)net.
Mr. Edward M. Newman, Summit Management Services, Inc., http://www.summitmanagementlivinng.com, (330) 762-4011, [email protected]
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