Associated Asset Management (AAM, LLC), the leading full-service community association firm in Phoenix, recently announced its acquisition of Elite Community Management. This acquisition adds 11 community associations to AAMs' Arizona portfolio.

"We are excited to work with each of these associations. I know Sherry, Bruce and the team at Elite Community Management have built a strong foundation with each association, so we really have a lot to look forward too," said Amanda Shaw, the president of AAM. "Elite Community Management recognized their growing need for investing in technology and a larger team able to offer hands-on assistance in a wide-range of areas. Together we worked out a great opportunity that serves both parties and most importantly the association's best interest.