Talbott and Mencaccy have managed in excess of 80,000 units throughout their careers and have experience with institutional, public, and private owners. Their background also includes other facets of real estate including, asset receivership and repositioning, property management, renovation management, development, ground-up construction, lease-ups, acquisitions, dispositions, and due diligence services.

RW Zukin was previously owned and led by Richard M. Alhona. "In a strategic move to further the evolution and growth of RW Zukin Corp., I identified Bob Talbott and Scott Mencaccy as the best candidates to lead the company forward,” says Alhona. Alhona will maintain an ownership interest in RW Zukin and will play a strategic relationship role with the company’s long-term stabilized client base.

RW Zukin is organized so that “the processes of apartment management occur where it offers the highest quality service to the property owner and resident at the most cost-effective price,” explains Talbott. “'Site level activity is focused on leasing and customer service, whereas accounting activities occur at the corporate office and not the property.”

He continues that “Purchasing is managed at the corporate office through a purchasing agent with true purchase order control. Small properties benefit from a unique facilities maintenance approach that provides highly-skilled maintenance support at an affordable rate. This approach also insures that the process takes place where it makes the most sense and avoids taxing the onsite staff with duties that take them away from servicing the residents.”

Technology advances are changing the way apartments are rented and managed, according to a prepared statement. “Residents can use the Internet and mobile devices to find their apartment, apply for that apartment, and sign their new lease all online. Once they have moved in, they can pay rent and request maintenance services the same way.” And according to Mencaccy, “Today’s renters are coming to expect these services and an owner risks being left behind if he, or she, fails to offer them. It is our goal to have RW Zukin offer these modern advances to the smaller, private owners who are unable to obtain these services cost effectively.”

According to Talbott, “RW Zukin's unique management approach, when coupled with resident technology, will offer our owners the same efficiencies that larger property portfolios are able to enjoy.”

Before the acquisition of RW Zukin, Talbott, in partnership with Thompson|Dorfman Partners LLC, acquired and redeveloped two apartment communities. Talbott has also served as vice president and division manager of asset management for BRE Properties and was a partner and COO with Trammell Crow Residential.

As president of Pinnacle Realty Management Co.'s west region, Mencaccy was responsible for a portfolio consisting of 46,000 apartment units. Before Pinnacle, Mencaccy served as regional vice president with Con Am Management Corp. in Sacramento and managed a $225 million portfolio.