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SCOTTSDALE, AZ, November 18, 2024 – CCMC (“CCMC” or the “Company”), a leading community association management company, today announced that it has entered into a strategic partnership with Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm with approximately $19 billion of assets under management as of 9/30/24, through which Charlesbank will become an investor in CCMC alongside CCMC’s management team.

Founded in 1973, CCMC is a prominent provider of community association management services with a focus on large-scale master-planned communities (“MPC”), proudly serving more than 155 communities in 9 states across the country. The new capital partnership will help CCMC continue to deliver on its commitment to providing the highest-quality service to its managed communities and exceptional resident and team member experiences.

“CCMC’s number one priority is to provide the best customer service to our communities and their residents. We couldn’t be more excited to enter into this partnership with Charlesbank, which will enable us to invest for the future and bring new services, capabilities, and technologies to our communities and team members,” said David Atrostic, Chief Executive Officer at CCMC. “With Charlesbank, we have found a like-minded partner that shares our core values, and we strongly believe that the firm’s track record as a relationship-driven partner in the business services sector will enable us to responsibly grow the business while staying true to CCMC’s special culture and honoring its legacy.”

Concurrent with the investment, a new parent company, Community Management Holdings, has been formed to pursue adjacent growth avenues, including serving smaller-scale communities that CCMC does not focus on today. Deb Dulsky, a seasoned executive with over 25 years of experience in the residential services space, has joined as Chief Executive Officer of Community Management Holdings. She brings an extensive track record of sustainable growth and deep experience in relevant people-based businesses, including most recently as CEO of SafeBasements and prior to that as President of HomeServe North America’s HVAC business. As CEO of Community Management Holdings, she will focus especially on overseeing strategic expansion into additional community types while also managing the Company’s approach to M&A.

“I am honored to join this impressive organization, as CCMC has a long history as a dedicated and trusted partner to its communities and team members,” said Ms. Dulsky. “Through Community Management Holdings, we will now be able to invest in new capabilities and deliberate growth, while enabling the existing CCMC team to stay focused on delivering the outstanding customer service and team member experience that clients have come to expect.”

“Over the past 50 years, CCMC has established itself as a leader in the community management industry, with an enviable track record serving large-scale, master planned communities,” said David Katz, Managing Director at Charlesbank. “We look forward to partnering with CCMC to help the business further enhance its value proposition to clients and to employees.”

Griffin Financial Group LLC served as financial advisor and Quarles & Brady LLP provided legal counsel to CCMC. William Blair & Company LLC served as financial advisor and Kirkland & Ellis LLP provided legal counsel to Charlesbank.

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CCMC is delighted to announce that, in collaboration with eight master-planned communities, we collected over 8,750 water bottles in less than ten days. As part of our charitable “HomeWorks” initiative, CCMC matched the donations, bringing the total to 19,000 water bottles.

The dedication of our residents and team members from Power Ranch, Province, Las Sendas, Estrella, Vistancia, Sterling Grove, Tortosa, and Spectrum at Val Vista, as well as our Corporate office team, significantly contributed to the success of this summer’s HomeWorks initiative by raising awareness and participation.

“I am impressed with how quickly our team members and residents came together to achieve this.  Our teams are fantastic and this is a great example that demonstrates the impact that coming together and rallying our communities can have. I couldn’t be happier..”

-David Atrostic, President & COO at CCMC

The CCMC HomeWorks program, which started in 2017, allows and encourages team members to volunteer for projects or organizations they are passionate about. Through an additional eight hours of paid leave, various projects, and volunteer opportunities provided every year, team members learn and appreciate the value of giving back to their local communities.

About 100 Days of Summer

Last year, Arizona experienced extreme temperatures and a record 645 heat-related deaths. To help overcome this, St. Vincent de Paul (SVdP) expects to give 6,500 bottles of water each day this summer, which is more than any other time of the year. By staying engaged and supporting SVdP in its efforts, CCMC and its Arizona communities have come together to address this critical need and serve the greater community as SVdP continues to serve those experiencing homelessness.

Every case of water donated makes a difference and can help prevent heat-related illnesses and deaths among some of our community’s most vulnerable members. Water is distributed through SVdP’s four charity dining rooms, within food box deliveries to central and northern Arizona homes, through its Water Relief Trucks throughout the streets and in remote areas, and to seniors, veterans, and adults living with disabilities.

Media Mentions:
AZ Family Share the Good News
St. Vincent de Paul

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Our team’s unwavering dedication and innovative approaches, coupled with a deep sense of compassion, have been instrumental in our continued service to the community management industry. We take immense pride in their achievements and their positive impact on the communities we serve. Our COO, David Atrostic, and CCO, Delores Ferguson, attended the DFW Awards Gala, as well as our local leadership team, including SVP Brett Wiklund, VP Scott Sellman, and VP LaWanda Brannon. The leadership team collectively celebrated the accomplishments of the team mentioned below.

Teresa Muchler – Community Manager of the Year
Tom Czaus – Newcomer of the Year
Gateway Parks – Community Spirit Award
Inspiration – Community of the Year, 1,500-2,999+ Lots
Heartland – Big Community of the Year, 3,000+ Lots

We are proud of the 30+ team members and communities nominated for this annual awards gala. Involvement in the HOA industry with partners like the Community Association Institute is paramount to success and commitment to long-term advocacy for homeowners associations.

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For the eighth consecutive year, Vistancia in Peoria held its place as No. 1 in Master-Planned Communities (2,300 Homes or More). The announcement read, “Set among a stunning backdrop of mountain ranges with views of the natural Sonoran Desert, Vistancia offers some of the best in new home options and community living.”

Here is the full list of communities served by CCMC placing in this category’s top 10:

• No. 1 | Vistancia | Peoria
• No. 3 | Morrison Ranch | Gilbert
• No. 5 | Estrella | Goodyear
• No. 6 | Las Sendas | Mesa
• No. 7 | Power Ranch | Gilbert
• No. 8 | Grayhawk | Scottsdale
• No. 9 | Desert Mountain | Scottsdale

Ironwood Crossing in Queen Creek reclaimed its spot at the top of the Master-Planned Communities (2,299 Homes or Fewer) category, which it previously held in 2019. The announcement said this of community developer Fulton Homes, “Fulton Homes builds and develops mostly master-planned communities from 400 homes to over 2,100. Fulton Homes also gives back to the community, and Ira Fulton is the largest philanthropist in the state.”

Here is the full list of communities served by CCMC placing in this category’s top 10:

• No. 1 | Ironwood Crossing | Queen Creek
• No. 2 | Mountain Bridge | Mesa
• No. 3 | Spectrum | Gilbert
• N0. 4 | Blackstone at Vistancia | Peoria
• No. 6 | Fulton Ranch | Chandler
• No. 7 | Aviano | Phoenix

“This year’s Ranking Arizona results are an incredible showing for so many of our premier Arizona communities,” said Western Division president Delores Ferguson. “It’s our privilege to partner with these Boards and communities to serve their residents. Congratulation to everyone on the list; this recognition is well-deserved and a reflection of your hard work and commitment to excellence.”

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“It’s hard to quantify Mary Ann’s incredible impact on CCMC,” says CEO Todd Davidson. “Over the years, she has leveraged her knowledge and experience to strengthen our company’s infrastructure. Her influence has allowed our company to grow and mature successfully. Most importantly, she has personified our core values of integrity, respect, service, and community; and grown a team that does the same. All along, she has been coaching and developing one particular person to succeed her as CFO. This is a testament to her leadership and vision.”

CCMC is pleased to announce the promotion of Kim Wiebelhaus. Kim will succeed Mary Ann Hopf as CFO. In her role, Kim will oversee our Accounts Payable, Accounts Receivable, Community Accounting, Corporate Accounting, Systems and Integrations, and Treasury teams. Over the next few months, Kim will work directly with Mary Ann to transition into her new role.

Kim’s CCMC story began in 2004 when she joined the team as an Accounts Receivable specialist. Her career path has led to several promotions and roles, including community accountant, community controller, director of Financial Services, and since 2015, vice president of Financial Services. Originally from Wisconsin, Kim holds a bachelor’s degree in accounting from the University of Wisconsin-Milwaukee.

“I couldn’t be more proud to announce Kim’s promotion,” shares CEO Todd Davidson. “Starting as a quiet force of accuracy and precision, Kim has grown into a skilled mentor and strategic leader of our Financial Services team. Her history with CCMC perfectly demonstrates the opportunity that exists within our company for those who are accountable, intentional, and lead by serving,” explains Todd.

“The CCMC leaders who have coached and guided me over the past 16 years have been incredible examples of integrity and community,” shares Kim. “I would like to personally thank Mary Ann for helping me grow in knowledge and confidence, and Todd for entrusting me with these new responsibilities. I am thrilled to have this opportunity to lead our Financial Services team into the future.”

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These communities include:

• Daybreak | South Jordan, Utah | No. 5
• Cadence | Las Vegas, Nevada | No. 11
• Estrella | Goodyear, Arizona | No. 18
• Inspirada | Henderson, Nevada | No. 32
• Babcock Ranch | Babcock Ranch, Florida | No. 33
• Valley Ranch San Antonio | San Antonio, Texas | No. 34
• Nexton | Summerville, South Carolina | No. 49

“Congratulations to each of these communities on this much-deserved recognition,” said CEO Todd Davidson. “We are excited to see these communities continue to grow and feel like home for their residents.”

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“Naming Tony’s successor has been a challenging task,” explains CEO Todd Davidson, “The breadth and depth of his experience simply cannot be matched. Fortunately, we did not have to look any further than our own doors.”

CCMC has named vice president Jeremy McClain as Tony’s successor. Jeremy has begun a gradual transition to his new role, starting with oversight for division lifestyle services and all Nevada operations. Over the next 12 months, his scope will expand to include Colorado and Utah. 

“CCMC has a long history of internal leadership promotion. Our intentional succession planning ensures smooth and successful transitions for our clients and team members,” explains Todd.

“We are very pleased to announce Jeremy’s promotion,” Todd continues. “A 10-year veteran of CCMC, he embodies our core values of integrity, respect, service, and community; and he has trained our team members to work as a cohesive force. A thoughtful consultant and trusted leader, he will be an incredible resource for our employees and clients.”     

Originally from Las Vegas, Jeremy joined CCMC in 2010 with a background in project and construction management. He first served as facilities director for Mountain’s Edge in Las Vegas. In August 2013, he was promoted to community manager for Inspirada in Henderson, Nevada. He was named director of client fulfillment in 2016 and vice president in 2017.

Jeremy is recognized as a CMCA by Community Association Managers International Certification Board (CAMICB) and holds the coveted PCAM designation from Community Associations Institute (CAI).

“I am honored and humbled to accept this new role and continue our legacy of service in the Mountain Division,” says Jeremy. “It’s a great privilege to play a role in the success of our people and our communities.”

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We are pleased to welcome David Atrostic to CCMC. In his new role as CIO, David will lead our IT team in developing and executing a company-wide technology strategy. “We are thrilled to welcome an experienced business technology leader like David as our first CIO,” explains CEO Todd Davidson. “From our initial meeting, I knew he was a great fit for CCMC. His knowledge and insights will help guide the overall technology direction for CCMC.”

Originally from Lancaster, Ohio, David brings two decades of comprehensive technology leadership experience to CCMC. He earned a bachelor’s degree in chemical engineering from Carnegie Mellon University and is a Certified Information System Security Professional (CISSP). He recently served as Chief Operating Officer and Chief Information Officer of Execute to Win, a consulting company committed to helping organizations align intentional leadership, strategy, execution, and culture. His previous roles include VP Technology and CIO for Able Aerospace, Vice President of Information Technology for Axon, and Senior Director of Enterprise Infrastructure for Ports America. David is a volunteer advisory board member and speaker for HMG Strategy and the Arizona Technology Summit. In 2015, he received the ComputerWorld Premier 100 Leaders Award.

“I am excited to join the CCMC family,” shares David. “Together, we will discover new ways to leverage our technology to provide a superior experience for our team members and our clients. Our goal is to make it as easy as possible for team members to complete their impactful work while building technological tools and practices that position CCMC as a true strategic partner to our valuable clients.”

Connect with David on LinkedIn.

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Bryson, Headwaters Also Earn Masterplan Community of the Year Honors

The Home Builders Association of Greater Austin revealed its winners for the 2020 Marketing and Advertising Excellence (MAX) Awards, and we’re proud to announce CCMC team members and communities, along with our developer partners, were well represented.

Remi Almani, lifestyle director at Headwaters in Dripping Springs, earned the coveted Lifestyle Director of the Year award, while Travisso in Leander, under the guidance of lifestyle director Candice Roy, was named Best Lifestyle Program for a Community.

Headwaters also took home honors as the Best Masterplan Community of the Year (600 Acres or More) and Best Sales/Welcome Center. Bryson in Leander was named Best Masterplan Community of the Year (Under 600 Acres).

Additionally, Bryson developer Johnson Development earned recognition as Developer of the Year, while the community was recognized for a number of awards, including Best Website, Best Social Media Program/Campaign, Best Special Event, Best Billboard and Best Overall Ad Campaign.

“I am extremely proud of the work our teams in all of these communities continue to do,” said Central Division president Andy Babbitt. “They focus on providing the highest-quality service possible and building genuine relationships with residents, and it’s great to see those efforts recognized with such-deserved awards. Congratulations, as well, to our developer partners; together, we make each of these communities feel like home and establish a standard of excellence in our industry.”

Read more about the MAX Awards.

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