One of the common traits of our Springs team members is their natural inclination to offer help whenever and wherever it is needed. We are exceedingly proud of the team at Springs at Woodlands South, who is involved in a very creative way to raise money for those impacted by Hurricanes Harvey and Irma - a Food Truck Rally.
The last 12 months have been very active for Continental in the Rocky Mountain State. On September 6, 2017, we purchased land in Aurora, Colorado for our fourth apartment community in the state, Springs at Eagle Bend.
Every year property managers from around the country gather at the Aloft Chicago O'Hare with senior operations team members and other home office support teams. The 3-day event is an opportunity for our teams to share the values we all embrace as defined in our Continental Creed. It is also a time to enjoy spending time with peers, to celebrate successes, and to begin planning for the upcoming year.
I am very excited to announce the promotion of Jenny Armer to Director of Property Management.
Continental Properties is happy to announce the transfer of Lisa Schockemoehl to Springs at South Broadway.
It is with great pleasure that I announce a change of responsibilities within the Accounting Department.
Ed Madell, Continental Properties' Chief Financial Officer, has been promoted, adding Executive Vice President Information Systems and Investor Relations to his title. With this promotion, Ed adds our rapidly growing equity investment activities to his responsibilities.
Please join me in congratulating three construction team members who have been promoted.
In late July we achieved stabilized occupancy at Springs at Apple Valley, one month earlier than projected. Our preleasing numbers for the next 8 weeks are strong, allowing us to project holding occupancy in the mid-90’s.
At Continental we have become used to the phrase "the best and brightest". It is how we think of ourselves, and the performance backs up our belief. Recently a few of our multifamily operations team members were asked to share their knowledge with hundreds of other apartment operators at RealWorld 2017. Heather Riggs, Marcie Bissell and Morgan Bartkowiak were all panelists for break-out sessions during the conference.