Association Management Companies Are Your Nonprofit's Path To Success
Alta Management Services, Inc. has purchased Riverton, New Jersey association management company Jo Ann McKay LLC.
The acquisition includes five commercial real estate associations that include members from Delaware, New Jersey, and Pennsylvania. The new associations include the Institute of Real Estate Management chapters 1, 3, and 101 as well as the New Jersey and Pennsylvania Association of Affordable House Associations. Alta has managed the Building Owners and Managers Association of Philadelphia since 2012 with success.
This new acquisition brings five new client/partners to our company which will make Alta the area’s leader in managing commercial real estate associations. “We were able to bring on all of the employees all of whom are great additions to our team,” said Ed Grose, President & CEO of Alta Management Services.
This acquisition is part of a five-year strategic plan that includes organic growth and acquisitions in commercial real estate management. Alta will continue to lease the space that was occupied by Jo Ann McKay, LLC, however plans to consolidate the offices in 2019 are underway.