NMS Properties, Inc. (NMS) is a privately owned real estate management firm that specializes in the management of multi-family and mixed-use properties in the Greater Los Angeles area. Our portfolio includes luxury, mixed-use, and affordable residential units along with retail and commercial properties in core L.A. markets. NMS is led by a seasoned team of executives with multidisciplinary backgrounds in all product types.
NMS was founded in 1988 on the principles of quality asset management and investment in extremely well-located markets in Southern California. We take great pride in the exceptional design, quality living experiences, resident satisfaction, and hands-on management of our properties.
Today, NMS manages more than 40 properties with approximately 2,000 units and 320,000 square feet of retail and commercial spaces. NMS is an equal housing opportunity provider.
Neil Shekhter founded NMS in 1988 on the principle of creating strong asset returns through superior management and investing in core locations with long-term growth. On these principles, NMS began building its portfolio of properties by acquiring and repositioning poorly performing multi-family assets. Through hands-on management and capital improvements, these properties now enjoy dramatic increases in net operating income along with high occupancy rates. Mr. Shekhters belief is that quality starts from day one. With that in mind, he began to immerse himself in the development and construction of properties. As part of his philosophy of personalized management, Mr. Shekhter has been actively involved in every aspect of the company, from acquisitions to development to the construction of his projects, while maintaining the day-to-day operation of his existing portfolio.
Dino Ciarmoli, Executive Vice President
Mr. Ciarmoli joined NMS as the Chief Financial Officer in August 2010. With more than 25 years of real estate experience, Mr. Ciarmoli supervises operational services and capabilities of NMS, including accounting, management, marketing, technology, risk, and internal control, in actuating company strategies. Prior to joining NMS, Mr. Ciarmoli served as an industry consultant to a myriad of real estate companies, where he specialized in financial business systems, technology, and accounting. Mr. Ciarmoli holds a Bachelor of Science degree in Accounting from San Diego State University and an MBA from the University of Irvine, California.