At TDG’s annual Holiday Party on December 7, 2017, its new recruitment video was unveiled. The video features TDG executives and team members discussing why TDG is such a great place to work. Sandra Thomas produced the video. Sandra filmed several hours of TDG team members talking about their experiences as part of the TDG team. She then edited the discussions into a four minute video. The video will be featured on TDG’s website and will allow prospective team members the opportunity to learn what it is like to for TDG. Click the below link to watch the video.
Scott Jones, Senior Advisor to the President, was honored with PMA’s highest honor, the Alvin L. Sussman award at the association’s Past Presidents Dinner on November 16, 2017. The Alvin L. Sussman award recognizes a property manager who has made an outstanding advancement in the property management profession. The criteria includes enhancing relations between residents and management; advancing the profession by instituting a major improvement in operations; achieving a noteworthy accomplishment resulting in favorable public notice that brings acclaim to the profession, receiving public recognition for a deed or accomplishment that may pertain to property management but reflects favorably on the individual as a property manager; and accomplishing a special achievement in the private sector.
In his speech, Scott Jones focused on the future leaders of both The Donaldson Group and the property management industry. He gave the future leaders advice on what it takes to excel in the profession. A copy of the speech can be found on the following link. PMA Speech
Scott served on the Board of Directors of PMA and was it’s President in 2015.
Picture from left to right is TDG Executive Team members Sylviane Nguyen (CFO), Carlyle Swafford (SVP of Property Management), Scotr Jones (Senior Advisor), Scott Altman (Executive Vice President), Carlton Einsel (President) and Jennifer Casey (SVP of Operations).
The Property Management Association awarded Jennifer Casey, Senior Vice President of Operations, the Carole Worley Distinguished Service Award at as it’s Past Presidents Dinner on November 16, 2017. Jennifer received this award for the stellar work she has done as the Co-Chair of PMA’s Community Service Community. The Community Service Committee capitalizes on PMA members’ expertise to improve the quality of space where people live and/or work and provides mediums for members to serve their community. The Distinguished Service award, that Jennifer received, is given to PMA members for their extraordinary commitment and service to the Property Management Association.
Carlyle Swafford, Senior Vice President of Property Management, was installed as President Elect of the Property Management Association (PMA) on Thursday, November 16, 2017. Carlyle has served on the Board of Directors for several years and in 2017 became the association’s Treasurer. He will become the association’s President in 2019.
John Majeski, Senior Vice President of Business Development, was a speaker at the Multifamily Development Symposium sponsored by Washington Gas. John was part of the Financing Panel and spoke about The Donaldson Group’s strategy of converting inefficient central power plants into energy efficient climate control units in individual apartments. John told the audience that most of the deals were done using bank financing but the most recent one was done using Fannie Mae’s green program financing. He also related that “Given our track record, we have a number of case studies at this point where we can prove that we’ve done this, that we’ve been able to create the savings and create the value.” For more information, click on the attached link to view an article from the Washington Business Journal. 10-13-17 Washington Gas advertorial
On Thursday, September 14, 2017, the entire TDG team raised $2,064 to donate to the American Red Cross for their relief efforts aiding the victims of Hurricane Harvey and Irma. The donation was given to the Red Cross on October 4, 2017. During the month of September and October, 2017, all money collected for “Friday Jeans Day” will be donated to the American Red Cross Relief efforts. Pictured below are members of the TDG team giving the donation to American Red Cross.
PMA Donates $5,000 to Children’s National in Washington, DC
As published in pma-dc.org
In February 2016, PMA made a donation of $5,000 to the Children’s National Health System in Washington, DC, to help purchase much needed wheelchairs. At most hospitals, one size wheelchair fits all patients, but children need special chairs designed for their age, size and medical condition. PMA’s donation will help the little patients of Children’s National recover faster and benefit their well-being.
TDG is Getting Busy Servicing the Great Demand for Utility Conversion
As published in Biznow.com
Typical of older multifamily buildings: one centralized plant servicing all heating and cooling of the apartments. Newer trend: individual controls in each apartment, giving tenants more control. The Donaldson Group (TDG) is getting busy servicing the great demand for this utility conversion, identifying older multifamily properties with existing central utility plant systems and upgrading them. Senior VP John Majeski tells us these existing heating and cooling systems are typically inefficient; performing utility conversions can present an opportunity for a significant return on investment, as well as creating a higher product class for future renters. Another added value: an increased buyer pool when the time comes to sell. How the conversion works: abandoning the central plant and installing individually metered electric heat pumps or individually metered gas furnaces in each apartment. TDG is currently operating a third-party utility conversion for Harbor Group International; Jefferson at Orchard Pond Apartments, Gaithersburg, MD, with 748 units built in 1975. Recent TDG utility conversions include Regency Pointe Apartments, Forestville, MD, 599 units built in 1963: utility expense savings over 60%; and Andrew’s Ridge Apartments, Suitland, MD, 492 units built in 1965: utility expense savings over 60%. Conversions in progress include the Cider Mill Apts, Montgomery Village, MD, 864 units built in 1971: estimated utility expense savings: 50%.
With new single- and multifamily homes on the upswing, natural gas utilities are leading the way toward innovative solutions to further the housing market’s recovery.
There’s nothing like a healthy dose of optimism to start off the New Year, and finally—after several years of wondering just how long a shadow the 2007–2009 recession would actually cast—there’s good news in the residential housing market.
Multifamily housing starts have essentially recovered to levels approaching normal, and single-family housing starts, while still only about half of what they were in early 2000s before the housing boom, are increasing yearly.Continue Reading »
Marcus & Millichap / IPA Multifamily Forum DC | March 24, 2016 – Georgetown University Hotel & Conference Center
The Marcus & Millichap / IPA Multifamily Forums across the U.S. bring together over 5,000 multifamily owners, investors, managers and developers to create an in-person marketplace for learning, discover, networking and deal making. The sessions address the major issues affecting the apartment and condo industries today, and the networking allows multi-housing principals to meet, talk and source deals and investment capital.