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Danielle McCarthy is assuming the presidency of Advanced Management Company (AMC)

August 3, 2022

Danielle McCarthy is assuming the presidency of Advanced Management Company (AMC), effective immediately!

Danielle McCarthy is assuming the presidency of Advanced Management Company (AMC), effective immediately!

 

Danielle has over 10 years’ experience and contributed much to the success of AMC during that time. She has worked her way up from an onsite leasing agent, and is an intelligent, enthusiastic, positive, and effective leader. Her work ethic, discipline and creativity will help propel AMC to the next level.

 

Co-founder Frank Holloway shared, “Danielle is a true visionary and we are fortunate to have her at the helm.”

 

“I couldn’t be more proud of our company, and I am committed to the future of this organization; operating by our founding principles of honesty, integrity and quality work. AMC will continue our focus on not only being the best place to live in Southern California, but the very best place to work!” said McCarthy. “I am so excited for what the future holds and for the success our team will achieve together, as a family, for many generations to come.”

 

ABOUT AMC

AMC is a subsidiary of Advanced Real Estate Services, INC., a Real Estate investment company founded in 1982 by Richard Julian and Frank Holloway. Advanced Real Estate Services, INC. currently maintains and operates over 11,000 multifamily units in southern California. Find out more about careers, apartments for rent or investments at amcliving.com.

Yelp Recognizes Three Advanced Management Company Communities for Continued Excellence

February 13, 2025
Four Seasons, Serena Vista and Summerwood properties earn People Love Us on Yelp awards in back-to-back years.

AMC Steps Up with Housing Relief for Families Affected by Wildfires

January 10, 2025
AMC apartment communities across Southern California offer discounted rental rates, furnished apartments and expedited move-in to support affected families. Irvine- Advanced Management Company (AMC), a leading property management company with nearly 12,000 apartment homes throughout Southern California, has announced an immediate housing relief campaign to support families displaced by the devastating wildfires currently affecting Los Angeles. With thousands of residents forced to leave their homes, AMC is stepping in to provide affordable and immediate housing options in this time of crisis. "We understand the critical need for safe, stable housing for those who have lost their homes or been displaced. AMC is committed to supporting these families and helping them rebuild during this challenging time," said AMC President Danielle McCarthy. AMC is offering the following to individuals and families displaced by the wildfires: 5% Discount on Rent: Displaced residents will receive a 5% reduction in market rent for the entirety of their lease term. Immediate Move-Ins: AMC is prepared to expedite the move-in process to provide swift relief. Fully Furnished Apartments: AMC will provide fully furnished apartments to those forced to relocate. Flexible Lease Terms: Recognizing that recovery and rebuilding can be an unpredictable and challenging process, various lease term options, including month-to-month, are available. Additional Benefits: Displaced individuals are also eligible for any current community concessions in addition to the 5% discount. "Our hearts go out to everyone impacted by these devastating wildfires," said AMC President Danielle McCarthy. "We understand the critical need for safe, stable housing for those who have lost their homes or been displaced. AMC is committed to supporting these families and helping them rebuild during this challenging time." Those affected by the wildfires can visit amcliving.com to inquire about available units. AMC's team is ready to assist with applications and ensure a seamless and swift move-in process. Applicants must meet the standard community criteria for leasing and show verification of displacement due to the wildfires. About AMC About Advanced AMC is a subsidiary of Advanced Real Estate Services, Inc., a real estate investment company founded in 1982 by Richard Julian and Frank Holloway. AMC maintains and operates nearly 12,000 multifamily units in Southern California. Find out more at amcliving.com .

Advanced Real Estate Purchases the 210-Unit Canvas Apartments in Downtown Los Angeles

August 30, 2024
Irvine, CA – Advanced Real Estate has added another major multi-family asset to its growing portfolio. Canvas LA, a 210-unit property that sits along the 110 Freeway in Downtown Los Angeles was purchased for approximately $62 million. “It’s rare to find such a well-built, podium property like this, for under $300,000 a unit.” Said Rick Julian, CEO of Advanced. “We haven’t seen that kind of pricing in over a decade.” “The property has an ideal location across the street from Vista Hermosa Park. It’s only a 10-minute walk to all the cultural attractions of Bunker Hill including the Broad Museum, Walt Disney Concert Hall, Dorthy Chandler and Ahmanson Theater” said Paul Julian, Rick’s son and President of Advanced. “Trendy Echo Park, is also just over a mile away.” Advanced plans only light renovations at the property as the previous owner had invested over $3 million into upgrades after purchasing it in 2018. The property features a host of unique amenities including a resort-style pool with cabanas, large gym with separate cardio studio, game room, conference and office space, screening room, and sky deck with fire-pit. This was the final purchase for Advanced’s most recent acquisition Fund. That Fund also purchased Edison Long Beach, a 156-unit luxury residential high-rise, the 264-unit Surf House Apartments in Huntington Beach and the 714-unit The Grand Costa Mesa. These recent purchases made Advanced the largest buyer of apartments in Southern California in 2023. “We are long-term holders and wanted to seize this low-basis opportunity. We see a bright future for Los Angeles with the upcoming 2028 Olympics” added the Julians. Advanced will now kick off a new Fund which will be open to their “friends and family” investors and looks to continue to strategically increase its current portfolio of over 12,000 units in Southern California. “Our investor base of over 1,000 families continues to grow as we find great opportunities such as Canvas”, continued Rick Julian. The sale was brokered by Blake Rogers, Kevin Sheehan, Ryan Fitzpatrick, Chelsea Jervis, CJ Angle, Alexandra Caniglia, and Kip Malo of JLL Capital Markets. Advanced procured a $39,975,000 Freddie Mac loan, at a fixed interest-rate of 5.12% for 7 years, with full-term interest-only payments. Kevin MacKenzie, Greg Brown, Charlie Vorsheck, also of JLL Capital Markets arranged the financing. About Advanced AMC is a subsidiary of Advanced Real Estate Services, Inc., a real estate investment company founded in 1982 by Richard Julian and Frank Holloway. AMC maintains and operates nearly 12,000 multifamily units in Southern California. R³ is a leader and innovator in the construction industry, specializing in high-volume renovations for multifamily clients in Southern California. Find out more at amcliving.com or r3construction.com .
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