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IMG Hosts Private Investor Event in Los Angeles
Woodland Hills, CA—October 6, 2025— Investors Management Group, Inc. (IMG) hosted an exclusive event in Westlake Village, CA for investors and industry partners. The evening featured a discussion panel moderated by Investor Relations Director Dave Mikkelsen, and featured IMG principals Neil Schimmel, Karlin Conklin, and Marc Gordon who shared their perspectives on today’s multifamily market.
ADAPTING TO MARKET SURPRISES
The conversation opened with a discussion of the year’s unexpected developments and policy shifts shaping multifamily operations nationwide.
Marc Gordon highlighted the rising complexity of local regulations, citing examples from across IMG’s portfolio. “We’ve seen a wave of local ordinances limiting evictions. For example, Tacoma, WA prohibits evicting nonpayers during the school year and cold-weather months,” Gordon explained. “It creates real challenges in balancing compassion with the financial realities of operating housing.”
He also described a recent compliance challenge in Sandy Springs, GA, where the city recently enacted a law targeting all multifamily buildings without sprinkler systems, which is most buildings built prior to the early 2000s. The law requires fire-retardant paint or residing with a cement-based product. “We had to act quickly to meet the new law,” Gordon said. “Our ability to negotiate favorable vendor pricing and phase the work efficiently minimized the financial impact. Still, arbitrary laws can have a significant impact on the overall return of any investment.”
Panelists noted a few bright spots, including declining insurance premiums, a welcome shift after years of sharp increases, even as new tariffs continue to pressure supply chains and expense forecasts. Panelists agreed that adaptability and proactive management remain key to maintaining stable property performance.
STRATEGIC FOCUS: LONG-TERM VISION, TACTICAL EXECUTION
The panel emphasized IMG’s proactive response through disciplined strategy, operational control, and innovation across its portfolio.
Neil Schimmel framed the firm’s philosophy with a metaphor, “We aren’t looking down at the hood; we’re looking out at the road ahead. Real estate isn’t something you trade like a stock. It’s a long-term investment built on time and management.” He pointed to an IMG property in Greenville, SC, purchased in 2021 for $54 million. Two years later, the estimated value dropped 17%. Today, the property is at par and operations are surpassing market averages. “The hold-and-operate approach is proving out,” Schimmel said. “We’re not rushing to sell into a down market—we’re refining operations and letting performance restore value.”
Karlin Conklin shared IMG’s operational evolution and the decision to form Parktown Living, IMG’s affiliated property management company. “Parktown gives us greater control, speed, and accountability,” she explained. “From fraud prevention to resident engagement, we can implement initiatives quickly and see results in real time.” Parktown is led by Patti Higgins, whose leadership was recently recognized among GlobeSt.’s 2025 Influencers in Multifamily.
Marc Gordon detailed cost-saving successes through insurance renegotiations, cable revenue partnerships, and anti-fraud technology at the property level. “These efficiencies don’t happen by chance,” Gordon said. “They’re the product of data-driven management and relentless oversight.”
INVESTOR DIALOGUE: TRANSPARENCY AND TOUGH QUESTIONS
The evening concluded with a lively Q&A session, where investors asked pointed questions about property performance, cash flow timing, and market outlooks.
Investment yields, challenged in recent years by a variety of factors, were a topic of interest. “Protecting the asset always comes first,” said Conklin. “Temporarily limiting distributions is preferable to compromising property stability. It is a strategic choice, not a setback. Discipline today builds stronger returns tomorrow.”
While some investors voiced concern about reduced distributions on some assets, others applauded the long-term discipline. Neil Schimmel summarized IMG’s approach succinctly, “We look at each property in terms of time and money. That perspective drives value creation through precise management, strategic capital deployment, and a long view.”
LEADERSHIP OUTLOOK: CONFIDENCE IN THE ROAD AHEAD
As the discussion closed, IMG’s leadership reaffirmed confidence in multifamily real estate as a long-term investment vehicle. “Our business is built for the long game,” Schimmel concluded. “We’re investing for stability, for growth, and for our people— residents, employees, and investors. That’s what sustains our success.”
About IMG
Founded by Neil Schimmel, Investors Management Group, Inc. (IMG) is an award-winning real estate sponsor and asset manager specializing in multifamily assets nationwide. Since 2010, IMG has transacted over 12,000 multifamily units, valued at $1.6 billion. The firm focuses on enhancing the resident living experience while maximizing investor value.
For more information about IMG’s investor events and opportunities, please contact investor.relations@imgre.com.