ISM Management Company:
ISM Management Company is a real estate firm based in Los Angeles which was founded in 2000. ISM, and its affiliate OSM Investment Company, are currently the managing member or general partner in 26 separate entities which own or control numerous apartment complexes located in California, Nevada and Tennessee, ranging in size from 8 units to 180 units. ISM is a diversified company with personnel experienced in property management, repositioning properties, construction and real estate development.
ISM and OSM ‘s principals include seasoned real estate professionals with a combined 36 years of experience in the acquisition, development and management of residential and commercial real estate.
W. Spence Mitchum, Executive Vice President
W. Spence Mitchum is Vice President of ISM Management Company, and is responsible for acquisitions and development, including all aspects of the development process, including entitlement, community outreach, securing development equity, concept creation, selection and oversight of general contractors and architects,and oversight of the permitting and approvals process. Prior to joining ISM Management Company, Mr. Mitchum was Assistant Vice President of Asset Management at National Partnership Investments Corp., responsible for the oversight of an affordable housing portfolio in excess of 350 apartment communities throughout the nation. Mr. Mitchum is a graduate of the University of California, Los Angeles, with a Bachelor of Arts Degree in Economics.
Tonya Hernandez, Regional Director – Student Housing
Tonya Hernandez has been employed by an affiliate management company, ISM Management Company, for approximately five years. Located in Chico, California, she has been responsible for our successful development of a student-housing portfolio consisting of approximately 8 apartment complexes and 35 single-family homes. Our portfolio of student housing has grown to almost 1,000 beds.
Kathleen Olson, Controller and Human Resource Administrator
Ms. Kathleen Olson serves as Controller and Human Resource Administrator for ISM Management Company. Ms. Olson is responsible for the accounting, information technology and all matters related to payroll and employee administration. Prior to working for ISM Management Company, Ms. Olson served as the CFO for Property Management & Development Corporation in Las Vegas, NV and managed a portfolio of approximately 1,000 multi-family apartment units. Ms. Olson holds a Bachelor’s of Science Degree in Management from Webster University, St. Louis and a Masters of Science Degree in Taxation from Golden Gate University. Ms. Olson also holds Real Estate Broker’s licenses in CA, NV and TN.
Beverly Beckman, Affordable Housing Compliance Officer
Ms. Beverly Stewart has 38 years experience in accounting and bookkeeping of which eight years were specific to residential and commercial property management. As controller of ISM Management Company, Ms. Stewart handles all accounting and bookkeeping functions for various corporate entities and partnerships. Ms. Stewart is also in charge of tax credit compliance for 10 affordable housing properties. Prior to working at ISM Management Company, Ms. Stewart was employed at Harris Properties where she held the position of senior bookkeeper with oversight of 80 apartment and condominium complexes.
While employed at Francis Property Management, Ms. Stewart had direct oversight for all accounting and bookkeeping for 16 apartment complexes and mobile home parks.