HOA Portfolio Growth in Michigan Office

Associated Asset Management (AAM), a nationally recognized leader in community association management and accounting services for clients throughout the United States, expanded their Michigan portfolio by over 33% since January 2017.

Establishing roots in the Detroit Metropolitan Area in January 2014, AAM's Michigan office was formed based upon the partnership with a prominent national home builder/developer to manage two of their newest communities in the surrounding area, as well as providing the professional management services to three additional single family communities.

Under the leadership of Shelley Reith, Vice President of Michigan Operations, AAM's Michigan office has experienced a steady increase in management contracts since opening three years ago. Initially starting with the management of five communities in 2014, AAM's Michigan office currently manages over 60 communities, 15 of which have been added in July 2017 alone.

Focusing primarily on promoting the AAM brand, as well as advocating the benefits of partnering with a professional management company, Michigan's seasoned team of professionals are increasing awareness by participating in a variety of tradeshows and conferences offered through their membership in various local community association management trade organizations.

When asked the key to sustained growth and success, Shelley Reith shared, "In addition to promoting the AAM brand and continuously raising the level of expert care amongst our community associations, our goal is also to improve the overall perception of community association management in Michigan and the positive impact that can be made by utilizing the services of a professional management company. Recently, our office has experienced a steady influx of interest in professional management services and we are thrilled with the opportunity to be serving communities that have been historically self-managed. However, our steadfast success is amplified by the tremendous support, expertise, dedication and hard work of each and every one of our AAM team members."

To view AAM's online press release, please click here.