Trending...
- SlotCycle Raises $5.6M to Transform Secondary Gaming Equipment Market, Led by Discerning Capital
- Magistic Aerie Resort: The Ultimate Base for Exploring the Mighty 5 National Parks
- Los Angeles Fires: Supporting Recovery Without Psychotropic Drug Risks
KATY, Texas - eTravelWire -- Inframark, a leading provider of integrated community management and infrastructure services across the U.S., announced today the acquisition of Cornerstone Properties, Inc. (Cornerstone), enhancing its growing presence in the Southwest.
Headquartered in Phoenix, Arizona, Cornerstone has provided professional community management in the Phoenix metropolitan area for over 35 years. The company currently serves a diverse portfolio of homeowner (HOA), condominium (COA), townhome, and commercial associations across Scottsdale, Gilbert, Tempe, Mesa, Glendale, Avondale, and other Phoenix area cities. The company has a history of delivering best-in-class services to prestigious communities throughout the area. Michael (Mike) Roberson, who joined Cornerstone in 1995 and assumed leadership in 2014, will remain in his current capacity to lead the daily operations.
"Our goal has always been to support communities with the best possible environment, enhance property values, and apply sound business practices to help the communities thrive," commented Mike Roberson, President of Cornerstone. "We expect our tradition of service to continue and look forward to the resources and support the Inframark team brings. We are excited to explore the opportunities to take our success to the next level. Together, we will continue to drive innovation, expand our reach, and focus on delivering the service excellence and personal approach that our clients have come to expect from Cornerstone for decades."
More on eTravel Wire
Chris Tarase, Inframark's President of Community Management, added, "We strategically chose Cornerstone to join Inframark because of their prominence and track record of service excellence in the Arizona market, their incredibly talented team, and their legacy of client satisfaction. They share our commitment to professionalism and passion for client service – and we're delighted to welcome them as colleagues. Our combined expertise and resources will enable us to solidify our Arizona operations and serve the Phoenix market like never before, providing even greater value to our customers and opportunities for our team."
This acquisition strengthens Inframark's presence in the Arizona market, which includes a mix of infrastructure and community services. Inframark has managed, maintained, and operated the Town of Gilbert's Neely Wastewater Treatment Facility since 1985 and serves numerous community management clients in the state. Since 2022, Inframark has worked with Howard Hughes Holdings (HHH) to provide consulting services and manage its large-scale master-planned community, Teravalis, in Buckeye, Arizona – building on its successful relationship with HHH, including managing several award-winning master-planned communities in other markets.
According to Jim Irwin, Inframark's Executive Vice President of Corporate Development, "This acquisition marks another exciting step in the evolution of our Community Management business, as we execute on our goal of expanding our presence nationally in regions of growth through mergers and partnerships with market leaders." Regarding Cornerstone, Irwin continued, "Mike Roberson and the Cornerstone team are a truly delightful cultural and operational fit with Inframark."
More on eTravel Wire
Inframark was assisted by search and advisory firm Harvey & Company and Blank Rome, who served as its legal counsel.
About Inframark
Inframark, LLC (www.inframark.com) is an industry-leading applied technology and solutions firm focused on water and wastewater contract operations and maintenance, and community management services across the U.S. By integrating automation and intelligent data solutions in water and wastewater operations and maintenance, management of community infrastructure, and data systems integration, Inframark can provide unparalleled service. In business for over 40 years, Inframark employs 3,100 people, serving hundreds of clients in 30 states.
About Cornerstone Properties
Cornerstone Properties (www.cpihoa.com) is a leading management company in the Greater Phoenix Area. Since 1987, the company has been dedicated to fostering optimal environments for communities, enhancing property values, and implementing sound business practices in day-to-day operations. The Cornerstone team is composed of highly skilled and experienced community managers who are proactive, professional, and committed to delivering efficient service.
Headquartered in Phoenix, Arizona, Cornerstone has provided professional community management in the Phoenix metropolitan area for over 35 years. The company currently serves a diverse portfolio of homeowner (HOA), condominium (COA), townhome, and commercial associations across Scottsdale, Gilbert, Tempe, Mesa, Glendale, Avondale, and other Phoenix area cities. The company has a history of delivering best-in-class services to prestigious communities throughout the area. Michael (Mike) Roberson, who joined Cornerstone in 1995 and assumed leadership in 2014, will remain in his current capacity to lead the daily operations.
"Our goal has always been to support communities with the best possible environment, enhance property values, and apply sound business practices to help the communities thrive," commented Mike Roberson, President of Cornerstone. "We expect our tradition of service to continue and look forward to the resources and support the Inframark team brings. We are excited to explore the opportunities to take our success to the next level. Together, we will continue to drive innovation, expand our reach, and focus on delivering the service excellence and personal approach that our clients have come to expect from Cornerstone for decades."
More on eTravel Wire
- Kaplan Morrell Attorney Ronda Cordova Recognized in The Best Lawyers in America® for Workers' Compensation Law – Claimants
- BEPeterson awarded Air Flask order from the Navel Supply Systems Command (NAVSUP)
- RE1 Advisor Introduces RE1 Disaster Recovery
- Amid Controversy with The Weeknd/Playboi Carti and Buzz Surrounding His Upcoming Project, Darrin Jones Drops Soulful New Single "Under Control"
- ADHDCourses.com Launches: Transforming Parenting with Expert-Led Online Education
Chris Tarase, Inframark's President of Community Management, added, "We strategically chose Cornerstone to join Inframark because of their prominence and track record of service excellence in the Arizona market, their incredibly talented team, and their legacy of client satisfaction. They share our commitment to professionalism and passion for client service – and we're delighted to welcome them as colleagues. Our combined expertise and resources will enable us to solidify our Arizona operations and serve the Phoenix market like never before, providing even greater value to our customers and opportunities for our team."
This acquisition strengthens Inframark's presence in the Arizona market, which includes a mix of infrastructure and community services. Inframark has managed, maintained, and operated the Town of Gilbert's Neely Wastewater Treatment Facility since 1985 and serves numerous community management clients in the state. Since 2022, Inframark has worked with Howard Hughes Holdings (HHH) to provide consulting services and manage its large-scale master-planned community, Teravalis, in Buckeye, Arizona – building on its successful relationship with HHH, including managing several award-winning master-planned communities in other markets.
According to Jim Irwin, Inframark's Executive Vice President of Corporate Development, "This acquisition marks another exciting step in the evolution of our Community Management business, as we execute on our goal of expanding our presence nationally in regions of growth through mergers and partnerships with market leaders." Regarding Cornerstone, Irwin continued, "Mike Roberson and the Cornerstone team are a truly delightful cultural and operational fit with Inframark."
More on eTravel Wire
- Greg Welch Joins Calovia as Managing and Founding Partner
- Inframark's Mississippi Teams Expand Presence and Receive Honors from NOAA
- John Noblitt, City Manager of Sanger, Texas, Honored as a 2024 American City & County Exemplary Public Servant
- Has the Key to Keeping Your Resolutions Been Here All Along?
- Travel salaries rise 8.4% in 2024
Inframark was assisted by search and advisory firm Harvey & Company and Blank Rome, who served as its legal counsel.
About Inframark
Inframark, LLC (www.inframark.com) is an industry-leading applied technology and solutions firm focused on water and wastewater contract operations and maintenance, and community management services across the U.S. By integrating automation and intelligent data solutions in water and wastewater operations and maintenance, management of community infrastructure, and data systems integration, Inframark can provide unparalleled service. In business for over 40 years, Inframark employs 3,100 people, serving hundreds of clients in 30 states.
About Cornerstone Properties
Cornerstone Properties (www.cpihoa.com) is a leading management company in the Greater Phoenix Area. Since 1987, the company has been dedicated to fostering optimal environments for communities, enhancing property values, and implementing sound business practices in day-to-day operations. The Cornerstone team is composed of highly skilled and experienced community managers who are proactive, professional, and committed to delivering efficient service.
Media Contact
Linde Miscio
Linde.Miscio@inframark.com
404-822-2712
linde.miscio@inframark.com
14048222712
Linde Miscio
Linde.Miscio@inframark.com
404-822-2712
linde.miscio@inframark.com
14048222712
Source: Inframark
0 Comments
Latest on eTravel Wire
- Integris Composites Debuts its Concealed Response Shield System; 'Situational Armor' for Active-Shooter Responders When Seconds Count
- FOLKS Expands With The Launch Of FOLKS USA
- Georgia's Lanier Islands Resort Adds Five New Members to its Leadership Team
- Safe Night Partners With Simsi To Offer A New Certification For Proactive Alliance With Rutgers University
- AI Technology Advances in 2025, Fully Automated Solutions Reach the Investment World
- The One Experience™, Inc. Announces Inspiring Lineup of Pathway Guides for The One 2025 Event
- Gateway Destinations Introduces a New Travel Consultant
- Stange Law Firm Opens Divorce and Family Law Office in Louisville, Kentucky
- Stange Law Firm Expands to Houston, Bringing Family Law Services to Texas
- A Look Back at Our 2024 Accomplishments: Complete Sliding Doors & Windows Continues to Lead with Excellence
- Franchising Success, One Pour at a Time
- FamBam Foods® Expands Healthy Snack Portfolio with Launch of Caulitos®
- Los Angeles Fires: Supporting Recovery Without Psychotropic Drug Risks
- Magistic Aerie Resort: The Ultimate Base for Exploring the Mighty 5 National Parks
- "Global Accreditation Failures: How the Wuhan Lab Certification Exposed Systemic Weaknesses and Paved the Way for COVID-19"
- Discover Southern Utah Retreats: Relaxation and Activities for Everyone
- Get to know Dr. Raphael E. Cuomo, PhD, Professor and Scientist at the University of California, San Diego
- Ohio Medicare (Plan Brian C. Moore), has once again been distinguished as Ohio's Top-Ranked and Number-One-Rated "Best Choice" Medicare Expert!
- Manchester Insurance Announces Best Rates in Florida for Home Insurance
- New Middle East Partnership for up to $40 Million Supporting Entry Into Emerging Global MOBA Digital Game Arena: NIP Group (Stock Symbol: NIPG)