About Our Company

Company Profile-Where we came from and what we do

The 3 Important Things for a Successful Community 

Key Personnel-Who will I do business with

COMPANY PROFILE

TMC Management Corporation’s business is the professional management of multi-family investment properties in Nevada, California and Arizona.

Currently, our portfolio consists of apartment communities totaling over 2,500 units.  The company's portfolio is generally centered in the Las Vegas Metro area, however, we have properties in California and Arizona as well.

TMC Management Corporation was founded as The Martin Company in 1982.  The firm has managed over 5,000 apartments and condominium units in Los Angeles and Sacramento, and over 7,000 units in Las Vegas, Nevada.  It has acted as Managing General Partner for more than twenty Limited Partnerships and General Partnerships involved in the development and ownership of apartment communities.  In addition, TMC Management Corporation has acted as a court-appointed receiver and is approved for continued employment by Clark County Courts.  We have the experience and expertise to undertake as necessary the partial or total rehabilitation of small and large apartment communities.

TMC Management Corporation manages all properties for the long-term interest of our client.  To this end, we pride ourselves on not only maintaining high physical occupancy, but also high economic occupancy, with strict monitoring of collections and delinquencies.  Also, as part of a comprehensive management plan, we set up and implement marketing and promotional programs specific to the needs of each property.  We know that maintaining high occupancy can only be achieved by minimizing turnover.  To accomplish this we are constantly striving for greater resident satisfaction, and ultimately maximizing the overall return of the investment.

TMC Management Corporation utilizes a system of comprehensive reporting specific to the needs of each client.  As the needs of clients differ, so do the content and timing of financial and maintenance reporting.  Included in these reports are weekly economic and physical occupancy tracking, monthly reports covering the maintenance, occupancy, and financial state of each property, a quarterly review of expenses and annual budget preparation, complete with suggested capital expenditures and a business plan for the up-coming year. 

TMC Management Corporation utilizes on-site computerization, coupled with instant network communications to track property performance on a daily basis.  TMC’s corporate office receives various reports from each community each night.  This up-to-the-minute information is reviewed on a daily basis to ensure the effective management of each investment.   

TMC Management Corporation is an Accredited Management Organization®, (AMO®), a designation of the Institute of Real Estate Management.  It is a member of the Southern Nevada Multi-Family Association, the Apartment Association of Greater Los Angeles, as well as a member of the Greater Las Vegas Association of Realtors and National Association of Realtors.  Through these organizations, TMC is an active participant and sponsor of many programs such as SMNA’s Occupancy Survey and the primary sponsor for the annual SMNA Golf Tournament benefiting the Las Vegas Red Cross.

Unlike many management companies, TMC Management Corporation has the distinct advantage of valuable know-how gained through experience, not only as a third-party fee manager, but also as an owner and developer of several investment properties.  This comprehensive experience gives us a substantial edge in managing investment properties from an Owner’s perspective.

Another big advantage we give our clients comes from networking capabilities we have developed in dealing successfully in all aspects of real estate investments.  Since the inception of TMC Management Corporation, our primary focus has been to minimize expenses and maximize income for our clients, while preserving the integrity and value of their real estate investments.

TMC Management Corporation tailors its management services to accommodate the individual needs of each client.  We have developed the reputation of being a hands-on company providing whatever work and effort is necessary to accomplish the goals of the investor. Our knowledge and experience in multi-family residential projects, coupled with the fact that our accounting package is extremely flexible in its capabilities, gives TMC Management Corporation a distinct advantage over its competitors.

We have discovered that effective professional property management comes down to three basic, but vitally important areas:

Effective Motivation and Supervision of On-site Staff:

Effective motivation, supervision, and training of the on-site staff are essential in order to produce a profitable operation.  An experienced property manager and property management company will draw the most out of each employee, which will in turn draw the most potential out of the property.  

Product Presentation:

Product Presentation includes curb appeal, unit presentation, rental office and common area cleanliness, on and off-site signage, phone skills, and closing skills.  Basically, everything a rental prospect would come in contact with on a daily basis.  To be effective on product presentation, you not only have to make a spotless presentation, you must also separate yourself from the competition.  This can be accomplished through unique methodologies of presentation, and value enhancing amenities. 

Effective Management towards Maximizing Net Operating Income:

The on-site manager and the property manager  must be focused on maximizing the Net Operating Income of the investment.  Using tools such as computerized budget and expense control tracking systems, daily delinquency monitoring, and other income side controls, will allow the investment to produce its maximum Net Operating Income.  Close scrutiny and educated evaluations regarding the cost-effectiveness of capital improvements and their effects on the bottom line, are also closely monitored.  Just like anything else, if you and the people working for you pay attention to something, it will always improve.  We find it extremely advantageous to involve the on-site staff in the budgeting process, both in the formulation and execution stages.  Managers’ input is encouraged during budget preparation and they are required to constantly monitor the expense tracking systems.  By this involvement they are aware of budget targets and their property’s standing in relation to those targets at all times so that any necessary corrective actions can taken immediately.

TMC Management Corporation’s management philosophy is simple -- Maximize a property’s value by increasing revenue and minimizing expenses, while maintaining the physical asset in the best possible condition. 

This management approach and commitment to seeing a project through to its successful disposition are two very important reasons why TMC Management Corporation should be selected to manage your investment.

 KEY PERSONNEL

Mr. Gary Martin is President and founder of TMC Management Corporation.  Mr. Martin entered the real estate field in 1975 with Frederick’s Realty Service in Torrance, California.  TMC Management Corporation was founded in 1982 and moved its corporate offices to Las Vegas, Nevada, in 1994 due to the significant growth of its Nevada portfolio. 

Mr. Martin is a licensed Real Estate Broker in both California and Nevada.  He has received a Certified Property Manager (CPM®) designation from the Institute of Real Estate Management, and served as the 1995 Chairman of the Las Vegas IREM Experience Exchange Committee.  He and TMC are members of the Southern Nevada Multi-Housing Association and National Apartment Association.

Mr. Martin is a graduate of the California State University at Long Beach, with a Bachelor of Science in Business Administration.

In 2003 he was elected as a Board Member of the  Board of Governors of the Truck Insurance Exchange (Farmers Insurance Group of Companies).

Ms. Tricia Johnson joined TMC Management Corporation in September of 2003 as an Assistant Regional Property Manager.  Tricia began her Property Management career in the Las Vegas Valley area sixteen years ago.

Ms. Johnson has held positions in all areas of property management with over seven years experience as a Regional Property Manager. She has extensive knowledge with both conventional and LIHTC, Sec 42 credit developments and she has been responsible for the lease up on over fourteen new communities since 1990.  Tricia also holds her ARM designation from the Institute of Real Estate Management (IREM) and her CAM through the Nevada Apartment Association.

Ms. Krause is Accounting Manager for TMC Management Corporation.  Her responsibilities include the supervision of the accounting and cash management functions of all the properties as well as the corporation. 

Ms. Krause comes to TMC Management Corporation with over 25 years experience in the accounting area.  

Ms. Krause is a 1978 graduate of Walla Walla College earning a BA (Business Administration) degree.  She has held management positions at a large (1250 employee) transportation company and a large travel agency where she was in charge of all accounting operations.  She is an enrolled agent with the Internal Revenue Service.

Ms. Choi is a Senior Portfolio Accountant for TMC Management Corporation.  Her responsibilities include Accounts Payable, General Ledger, Month End Property Closings including Rent Reconciliation, Bank Reconciliations Cash management and Vendor maintenance. 

Annie is also responsible for site training in our accounting and resident software.