CEO report December 2022 I’d like to begin with a thank you to all the members who have reached out and welcomed me to the AATC family. And for those members I have not yet met, I look forward to meeting you and encourage you to let me know your thoughts about AATC and what else we can... Continue Reading
FY23 AATC MUNICIPAL FEE SURVEY In October, Texas cities and counties adopted their fiscal-year budgets, including taxes and fees. Based on this information, AATC annually publishes on November 1 a Municipal Fee Survey for the twelve largest cities in Tarrant County. AATC’s Municipal Fee... Continue Reading
America’s constitutional government consists of three parts (or branches: 1) executive (president, agencies, and departments); 2) legislative (Senate and House of Representatives); and judicial (all federal courts, including the Supreme Court of the United States ). Most Americans... Continue Reading
If you are like me, you cannot wait for 2022 to be over! To help you make it one more month, I want to wrap up this year and set a firm foundation for next year by reviewing the fundamental relationship between residential property owners and renters. The owner always owns a rental property,... Continue Reading
In Greek mythology, the phoenix was an immortal bird that would burn itself up at the end of its life and then rise again from the ashes, born anew, only to burn up again and be reborn again—a cycle that goes on for infinity. It’s probably an understatement to say that 2022 has been... Continue Reading
An Update on the New Construction Pipeline Despite the worst net absorption through October in more than a decade, Greater Fort Worth's average effective rent growth for new leases this year closed October just a hair short of a 10% gain. A small reduction in new supply volume has been a slight... Continue Reading
When you become a member of AATC, you also become a member of TAA and NAA. As such, AATC pays dues to TAA and NAA for every member each year. TAA and NAA have raised their dues effective 2023. Since the balance of the dues you pay goes to AATC to operate our business, we must pass on the TAA and... Continue Reading
Kevin Pellegrino, AATC's New CEO When thinking about the incredible landscapes, near-perfect year-round weather, and its rich American history, sunny California wasn’t enough to keep Kevin Pellegrino, AATC’s new CEO, from packing up and leaving for Texas. Originally from Buffalo,... Continue Reading
As we enter my penultimate month as your AATC President, I can reflect on how incredible this journey has been. I’ve also observed the amazing generosity of our supplier partners and owner-managers alike. We recently rolled out a sponsorship program for our members with a projected... Continue Reading
“Mid-term” election (short for the middle of the presidential term) informally describes non-presidential, federal election years. In reality, “mid-turn” better defines these election cycles. Since the 1930s, the president’s party has lost an average of four (4)... Continue Reading
As a multifamily owner/operator, the past few years have been fiscally, physically, and emotionally draining. The old line about the crisis-building character is overrated!! Given all the stress in 2020, 2021, and 2022, I have learned a lot about myself, our industry, my company, and, more... Continue Reading
At AATC, membership is one of our primary objectives. We strive to help every member make the most of their membership and achieve the highest ROI possible on their annual investment. Get involved today and see how AATC can help you! Welcome New Members! Supplier Partners Addison Legacy... Continue Reading
