Hi. This is Bruce Ash, the President and CEO of Paul Ash Management Company LLC.
Speaking for all of our hard working staff and employees welcome to our website. We all want to update the public on our new developments for our company over the past few months.
We are pleased to announce we have come to terms on a new real estate acquisition through one of our affiliate’s which will acquire a 500,000 square foot complex of industrial buildings which are home to Progressive Converting Company which is America’s largest paper products converting company. The properties, located in Wisconsin and Pennsylvania will house the executive offices, factory, warehouse and logistics headquarters for Progressive Converting Company. Financing is being provided by 2 Midwest banks and the transaction is scheduled to close before the end of 2015.
Paul Ash Management Company LLC has completed the reimaging of Catalunya and Miraflores Apartments in Tucson, AZ. for Thomas Development Company. We celebrated a grand reopening for both communities the last week of September which was presided by TDC President Thomas Mannschreck and Tucson Mayor Jonathan Rothschild. Both communities are operating at 100%.
Our affiliate ACW Hurst American continues construction and leasing for The Shops @ Hurst in Hurst TX. The project is expected to open in Q1 2016. In addition to Walmart, co-tenants will include Advanced Auto, Dollar Tree & Pizza Hut. Retail Connection is handling leasing.
Over the past summer Paul Ash Management has assumed management of The Meadows HOA and Oracle Road HOA both located in Tucson, AZ.
Paul Ash Management Company, LLC continues to invest in its people also. Natalie Kujawa, Darci Rodriguez, Laura Higgins and Lisa Cooke have all been attending HUD and LIHTC education seminars over the past summer. Our staff now has multiple HUD and LIHTC qualified personnel.
As we complete our 50th anniversary year how proud our founder, Paul Ash, would be to see how his company has grown from a one room 400 square foot office in 1965 to a diversified real estate development, acquisition and management firm. We have enjoyed a year of great success and progress for Paul Ash Management Company LLC.
For more information about Paul Ash Management Company LLC please contact Bruce Ash at 520-907-9326.
Bruce Ash, CPM Michael Ash Natalie Kujawa President/CEO Designated Broker Chief Financial Officer