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August 10, 2006

Parker Finch Management Awards Its First Franchise

Parker Finch Management, a leading Arizona community association management firm, has awarded its first franchise, located in Denver, to real estate veteran Frank Madrid. With the award, Parker Finch has become the first community association management firm in the nation to franchise its operations.

“Parker Finch is lucky to have found a franchisee who is so driven and motivated,” said Matthew Wolach, Director of Franchise Development at Parker Finch. “I think Frank will be very successful in the Denver market.”

Madrid, who previously worked in real estate sales with Keller Williams, sees the opportunity in community management and recognizes the need for a professional company in the Denver area.

“With at least 300,000 home owners associations in the country, and thousands in the Denver area, the market for these service offerings, including professional management, accurate accounting, assessment collection, property supervision, vendor management, board member training, consulting and budgeting has never been stronger,” said Madrid.

This year, Parker Finch plans to expand its capabilities and superior customer service across the southwestern United States, including Tucson, Kingman and Casa Grande in Arizona, along with Las Vegas and Salt Lake City.

“It makes sense to expand our capabilities through franchising. It will give each market Parker Finch Management’s experience, technology and highly successful business model coupled with local expertise and understanding,” said Jim Small, Chief Executive Officer of Parker Finch.

Parker Finch Management provides a comprehensive suite of services to homeowners associations and developers including clients such as Equity Residential, 20/20 Properties, Elliott Homes, Stratland Homes, Richmond American Homes and several other homebuilders. The firm’s expertise, professionalism, and commitment to quality service are second to none. Associations that partner with Parker Finch Management have found a way to experience a better community. For more information about Parker Finch, or to inquire about franchise opportunities or HOA services for a community, please visit www.parkerfinch.com.