Barker Management
Barker Management has selectively provided management services in areas through California and Nevada. BMI was asked to provide receivership and management services to Carey Arms in North Las Vegas. Carey Arms was considered one of the ten worst properties in HUD's portfolio according to the United States GAO department. BMI was able to address the site issues and increase the value, allowing HUD to sell the development for significantly more than anticipated. Barker Management has continued to provide affordable management services in the surrounding Las Vegas market including also turning around Arthur McCants Manor, a 112 unit affordable senior housing development financed with a HUD 202 loan. Barker Management has developed into a full service firm providing a multitude of services to its clients. Barker Construction and Development Company, a division of BMI, is fully bondable and specializes in major rehabilitation of multifamily developments. Another affiliate of BMI, Valued Housing, focuses on the acquisition, development and presentation of affordable housing developments. As a property management firm, BMI handles not only the daily management of a development, but also provides a variety of services. These services include accounting services, budget analysis, maintenance scheduling, monthly account reports, and BMI actively embraces technology to meet the unique and complex needs of our clients. This allows BMI to manage a development based on its specific needs as opposed to trying to make the development fit a standard management template.