"Dale's extensive management background and natural leadership abilities have been extremely valuable to Mark-Taylor," said Scott Taylor, chairman of Mark-Taylor Inc., one of the largest luxury apartment developers in the state. "He is committed to our mission which is to be the best operating company in the marketplace and to maintain our status as the leader within our industry."

Phillips, who has more than 23 years of management experience, joined the firm in 1985 as an asset manager. He most recently served as senior asset manager, overseeing a portfolio of about 3,300 units comprised of institutionally, limited liability and privately owned assets.

Prior to joining Mark-Taylor Residential, Phillips worked in hospitality management for 15 years with Del Webb Corp. and Red Lion Inns in the marketing, personnel management and financial areas.

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