Management Support Transitions Leadership to Ensure Legacy Continues

Santa Ana, California – In a significant move for the company, Management Support, a esteemed owner and operator of over 14,200 apartment homes spanning Arizona and Texas, has officially announced the transition of its executive leadership team. This strategic shift follows the unfortunate passing of the company’s founder, Dr. Edward Frankel, marking a pivotal moment in the company’s 58-year history.

In this transition, the company has elevated three seasoned executives, ensuring a strong leadership presence as Management Support steps into the next chapter of its storied legacy. Michael Kron, previously the Chief Operating Officer, has been appointed as the new Chief Executive Officer. Joining him in top positions are Scott Ferguson, who transitions from Vice President of Real Estate to Chief Operating Officer, and Ben Daniels, who moves from Assistant Legal Counsel to General Counsel. This new leadership roster also includes Scott DiMascio, retaining his role as Chief Financial Officer.

This newly appointed executive group embodies years of experience within Management Support, ensuring the company’s commitment to continuity in operations and its evolving vision. Michael Kron made a statement reflecting the company’s mission, saying, "Management Support has always been defined by its dedication to our communities. While we mourn the loss of our founder, our direction remains clear." He emphasized that the new leadership team is committed to fostering a productive culture for both employees and properties, continuing Dr. Frankel's vision to maintain a long-term focus on portfolio health and resident experience.

As a vertically integrated owner-operator, Management Support remains steadfast in its dedication to providing a 'Gold Standard' of maintenance and resident service. The new leadership ensures that Management Support's extensive portfolio, which stretches from Arizona to Texas, will be managed with personalized attention and an institutional scale that has marked the business for nearly six decades.

Scott Ferguson, the newly appointed COO, reiterated the importance of the company’s operational philosophy: "Our strength lies in our independence and our hands-on approach to ownership. These changes reinforce a foundation that allows us to invest even more deeply in our people and properties."

This leadership transition not only honors the legacy of Dr. Edward Frankel but also signifies Management Support's ongoing commitment to adapt and thrive in the multifamily housing market. Founded over 58 years ago, Management Support has garnered a reputation as a leader in the management of multifamily communities by focusing on exceptional living environments and resort-style amenities.

Maintaining a 'people-first' culture is central to Management Support’s mission, which aims to empower both residents and employees alike. Through this transition, the company is poised to continue offering remarkable experiences while embracing future challenges in the ever-evolving landscape of the real estate industry.

For additional details about the company and its services, visit www.rentanapt.com.

Overall, this transition marks an important moment for Management Support, as it looks to build upon the solid foundation laid by its founder while aiming higher for a future filled with promise and growth in the multifamily housing sector.