It is always good to be able to share good news with friends and colleagues.
2019 has got off to a very successful beginning. We have new additions to our Paul Ash family. Leslie Schaefer and Raylyn Winckler have recently joined the company as we continue to expand our community management portfolio. Both Leslie and Raylyn are experienced career community managers with deep roots in our industry and care about the associations which they serve.
Our commercial/industrial management portfolio also continues to grow as we serve a wide range of clients. Our leasing team has successfully negotiated many new leases with new and existing users throughout southern Arizona and elsewhere this year. We are finding new retailers filling vacancies as well as existing users expanding their businesses. We are also making additional capital investment into our current assets we manage and operate.
Our community management division is also growing. Over the past few months we have brought on Verde Villas, La Vida, Hacienda Del Sol Office Park, Naranja Medical Park and Mona Lisa Villas and most recently the Civano I village. All of these communities have their own special features and opportunities to improve the value with the cooperation of each board we serve. We are busy organizing each board and initiating capital projects. Our company has developed a reputation of being able to take on difficult tasks and achieving success.
Perhaps our most ambitious activities so far in 2019 are a new industrial development in Tucson for a national tenant and our second joint venture with one of the country’s leading luxury multifamily developers. The Tucson project came together through a co-venture with another local real estate firm. We hope the user will take occupancy in May. The multifamily co- venture is located in the Twin Cities. Rise On Grand will be located in Burnsville, MN and is a 275 luxury apartment homes with the highest finishes usually seen in for sale product and an amazing amenity package for professionals who are priced out of the new home market. This is our second co- venture with our partners.
With so many rich opportunities for success our company is poised for great results in 2019.
Bruce Ash, CPM
President / CEO
Paul Ash Management Company, LLC
Remembering Paul Ash – Maccabiah Record Holder
Longtime Arizona Daily Star sports editor Abe Chanin* dubbed Paul Ash* the “strongest Jew in the world” and helped him raise some of the money he needed to go the Maccabiah Games in Israel in 1957.
A military veteran and avid card player, Paul Ash raised the rest of the funds by winning card games as he criss-crossed the United States on the military transport flights that got him to New York in time to catch his flight to Israel. He won the first of his two gold medals that year in the sport of weightlifting, breaking all records in the 198-lb class. He competed and won the gold medal again in 1961.