Local Companies Ranked Nationally as Best Places to Work in Multifamily

Several local companies made Multifamily Leadership’s national list of Best Places to Work. Those firms include Apartment Dynamics LLC, Blue Ridge Companies, Drucker & Falk, Pollack Shores Real Estate Group, Matrix Residential and RealSource Management. From a press release distributed by Apartment Dynamics:

The rigorous assessment process evaluated each company’s employee policies and procedures as well as responses from the company’s employees. The program is part of a long-term initiative to encourage growth and excellence throughout the Multifamily Apartment Industry and to attract new leaders to the industry.

Mary Gwyn, Chief Innovator of Apartment Dynamics commented, “It is because of our employees that we made the list.  We are surrounded by greatness with our team.”  Organizations from across the nation entered the two-part survey process to determine the Best Places to Work in Multifamily. The first part consisted of evaluating each company’s workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top organizations and the final ranking.

You can find the full list at http://bestplacestoworkmultifamily.com/2018-best-places-to-work-multifamily/

Susan Passmore Talks Apartments, Critters and Rasslin’


This episode of Not a Complex podcast features an interview with Susan Passmore, Executive Vice President of Blue Ridge Companies, past-president and current board member of the Apartment Association of North Carolina, and newly elected Regional Vice President (Region 4) of the National Apartment Association.  We talked about Susan’s new role with NAA, her career (her first job was as a bookkeeper on a property in Asheboro, NC) and her varied personal interests – her lifelong passion for professional wrestling in particular. It’s a great interview and you’ll find yourself learning something while being entertained in the process.

So, sit back and enjoy the show. If you have any questions or comments please feel free to email them to us at info@piedmonttaa.org

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Show Notes:

Phillips Management Group

National Apartment Association

Apartment Association of North Carolina

Susan’s Favorite Wrestlers,  Books to Give Employees and Musical Genre:

World Wrestling Entertainment

Chris Jericho

Ric Flair

Nikita Koloff

Dusty Staub books on leadership

7 Habits of Highly Effective People

Favorite Genre of Music is “Old Pop”, for example Michael Jackson

Blue Ridge and Richardson Partner on Greensboro Project

Blue Ridge Companies and Richardson Properties are on schedule to complete the 216-unit Country Park at Tall Oaks, off of Lawndale Drive in Greensboro, in November according to Jeff Smith, Blue Ridge’s Chief Investment Officer, in an interview with the Triad Business Journal:

“We’re trying to make hay while the sun is shining,” said Smith, who told TBJ the project was delayed a few months by unfavorable weather. “We’re trying to make up for lost time.”…

Blue Ridge demolished a former apartment complex that was vacant after the property was purchased for $1.2 million in 2012. Apartments continue to be developed heavily in the Triad, especially in high-demand areas despite a recent increase in the vacancy rate.

One-bedroom units start at $950, and two- and three-bedroom units — each with two bathrooms — start at $1,150 and $1,300, respectively. The complex will have 60 one-bedroom units, 120 two-bedroom units and 36 three-bedroom units.

Blue Ridge Companies’ Couch Talks Retail

PTAA member Blue Ridge Companies’ CEO David Couch had a quick Q&A with the Triad Business Journal about some of its development activities:

Blue Ridge has historically been among the largest property management firms in the Triad. Does your recent work with several retail projects signal a shift in your overall vision for the company? We’ve always had a retail presence, but over the years it seemed like our energy was directed about 80 percent multifamily and 20 percent retail. Right now, I would say that might be 60/40. The Palladium in High Point is one of our retail developments; we developed Oak Ridge Commons and several others in the Triad and surrounding areas. We look at where the opportunity is.

Read the whole thing here.

Blue Ridge Companies’ David Couch Featured in Triad Business Journal

A recent issue of the Triad Business Journal featured Blue Ridge Companies CEO David Couch in its Up Close column:

David Couch’s leadership abilities first emerged on the athletic field as a quarterback for the Asheboro High School football team. He later took those skills to the college level as a punter on the Wake Forest University football team and a catcher on the Demon Deacons baseball team — all while managing a double major in Spanish and economics.

Couch has since parlayed his leadership skills to a very different role: CEO of Blue Ridge Cos., a High Point-based company that employs more than 250 and is one of the Southeast’s most prolific developers of apartments, shopping centers, condos, town homes and restaurants located across the Carolinas and into Virginia, Georgia and Mississippi. With the backing of a talented work force and business partner Chris Dunbar, who co-founded the Blue Ridge Cos., Couch leads a company that is planning to double its property management portfolio to 20,000 units during the next 24 months.

You can read the full interview here (subscription required).