Management Leadership Team


Robert (Bob) Margolis has more than 20 years of real estate development and property management experience. He holds a master’s degree in Business Administration from American University and a bachelor’s degree in Real Estate and Construction Management from the University of Denver. 

Bob has been involved in the ownership, as general partner, in the development and preservation of over 100 HUD and USDA-Rural Development subsidized housing projects (over 7000 units).


Matt Melnick is responsible for all aspects of TM Associates’ business. He works closely with the executive team to ensure the strategic goals of the company are met, while also making sure all employees realize the vision and core values of the organization.

Matt has 14 years of experience working at a Big 4 accounting firm, holding several senior executive level positions at a global public company. He holds a bachelor’s degree in Accounting from Cal-Poly San Luis Obispo and an MBA from the USC Marshall School of Business. 

Matt is a licensed Certified Public Accountant, Certified Internal Auditor, holds the C3P designation, and is a Certified Property Manager (CPM) through the Institute of Real Estate Management (IREM).


Mike Resau earned his Bachelor of Science in Accounting from Frostburg State University 1997. Mr. Resau attained his certification as a Certified Public Accountant in the state of Maryland in 2001. He holds the CPO (Certified Professional of Occupancy) designation through the National Affordable Housing Management Association. He is also a member of PMA (Property Management Association) and MMHA (Maryland Multifamily Housing Association).

Mr. Resau began his career in 1997 at Reznik Fedder & Silverman as an auditor specializing in Real Estate audits and cost certifications. In 1999, he was promoted to Senior Auditor. In 2001 he joined LaSalle Business Credit where he performed loan based asset audits for the high risk lending arm of the institution.

Mr. Resau served as a consultant to Equity Management to assist in the restructure of the internal accounting department. This engagement turned into a permanent position as Assistant Controller and led to his promotion to Vice President in 2012. In addition to being tasked with certain client relationships and various operational activities, he maintained direct oversight of HR, IT and Maintenance operations. Mr. Resau has continued in the same capacity for Residential One following its acquisition of Equity Management in 2015.


Shay K. Dugan is responsible for all aspects of property management for both third-party and TM-owned communities with a focus on new business development. She oversees the operations for TM Associates’ residential division, consisting of affordable and conventional assets with apartment homes located in 8 states and the District of Columbia.

Shay has 25 years of experience in the multifamily industry. She earned her bachelor’s degree in Business Administration from Peirce College in Philadelphia and her MBA from Johns Hopkins University Carey Business School.

Shay is a licensed realtor in Maryland and the District of Columbia, a Certified Property Manager (CPM) through the Institute of Real Estate Management (IREM) and serves on many boards including as an At-Large Board Member and Chairperson of the Affordable Housing Committee for The National Apartment Association (NAA), IREM’s National Diversity Advisory Board and IREM’s Greater Metropolitan Washington DC Chapter 8 Board as Vice President of Education.


Dawn Morgan is responsible for providing management level leadership and guidance to the organization’s Human Resources and Risk Management operations.

Dawn has 24 years of experience in Human Resources having worked in many areas including recruiting, employee relations, performance management, policy development and interpretation, and compliance.

Dawn earned her bachelor’s degree in Psychology from Kentucky State University and her Master’s degree in Industrial/Organizational Psychology from University of Baltimore, and holds Senior Professional in Human Resources (SPHR) certification.


Denise Craft is responsible for apartment portfolios located in the Pennsylvania, Ohio, and Southern Virginia markets. 

Denise has over 19 years of property management experience with an extensive background with USDA-Rural Development and LIHTC programs. She has hands-on experience with new-construction lease-up as well as the repositioning and rehabilitation of aging properties. 

Denise is a Certified Apartment Portfolio Supervisor (CAPS) through the National Apartment Association, Certified Occupancy Specialist (COS), Tax Credit Specialist (TCS), Certified Credit Compliance Professional (C3P) and is a Institute of Real Estate Management (IREM) Certified Property Manager (CPM) candidate.


Tomeka Owens is responsible for apartment portfolios in the Washington, D.C., Northern Virginia and Ohio markets with a focus on urban properties and third-party management. 

She has over 18 years of property management experience with extensive background in LIHTC, HUD Section 8/RAD, Rural Development affordable programs, and is equally knowledgeable about market rate conventional apartment management. 

Tomeka is a Certified Property Manager (CPM) candidate with the Institute of Real Estate Management (IREM) and holds a master’s degree in Education from American University. Tomeka is a Certified Occupancy Specialist (COS), Certified Property Operator (CPO) and Tax Credit Specialist (TCS).


Kim Webb oversees a team consisting of an HCCP Certified Senior LIHTC Analyst and two Junior LIHTC Analysts that continues to grow alongside the expanding LIHTC portfolio throughout the East Coast. 

With 19 years of Low Income Housing Tax Credit Compliance experience, Kim has successfully managed and completed numerous initial lease ups and maintains close relationships with State Housing Agencies, Owners, Investors, Development, and Management. 

She holds the Housing Credit Certified Professional Certification and has received HCCP spotlight recognition in the quarterly newsletter of The Credential. Additionally, Kim is a National Compliance Professional (NCP) and holds a Spectrum C4P Certification and the Spectrum 515 STAR Certification.


Dave Craft is responsible for assisting Regional Property Managers and site staff with construction projects and capital improvements, bid preparation and solicitation process. He works with a team to minimize risk and is involved in all insurance claims made on behalf of the owner. Dave is also responsible for Pre-REAC inspections for HUD financed assets, OSHA compliance and creating training programs for our on-site maintenance teams. At the corporate level, Dave is responsible for maintenance system monitoring, competitive bid review, and contract negotiation. 

Dave has more than 18 years of experience in property management, having held several positions throughout the company. He has formal training in carpentry, Section 504 Compliance, RD, HUD, LIHTC and Fair Housing compliance.

Dave’s certifications include Certified Apartment Maintenance Technician certification (CAMT) from the National Apartment Association and the Uniformed Physical Conditions Standards (UPCS) certification from HUD. EPA 608 certified, Certified Mold Inspector, received his OSHA 30 Hour Outreach Certificate, Credential for Green Property Management (CGPM), Section 504 compliance, and Spectrum Training Award Recipient (S.T.A.R. RD 515).


Judy Brown is responsible for the development and implementation of the education curriculum with a focus on promoting learning opportunities for all TM employees, ensuring that advancement continues. 

Judy has over 12 years of property management experience, holding various positions including Property Manager, Regional Property Manager, and Corporate Trainer. She utilizes her experience to deliver quality training through her team of Training Specialists, which also has oversight of the Yardi software helpdesk. 

Judy is well-versed in Affordable Housing programs, Rural Development, Tax Credit, HUD-Section 8, and conventional market rate housing. Her certifications include C4P certification (RD Housing), Certified Occupancy Specialist (COS), Certified Financial Specialist (CFS), Certified Manager of Housing (CMH), Certified Manager of Maintenance (CMM), and the Housing Credit Certified Professional designation (HCCP) for Tax Credits.


Lauren McInnes leads the marketing efforts of TM Associates portfolio of managed properties by delivering impactful property marketing, advertising, sales and training programs to maintain and/or improve occupancy and rental income through innovative marketing campaigns and strategies. In addition to supporting property management, she works closely with TM’s development team to provide strategic marketing plans for new residential developments, as well as corporate level marketing needs.

Lauren has over five years of experience in marketing affordable, conventional, luxury, and Tax Credit Apartment Communities. Lauren holds a bachelor’s degree in Marketing from Jacksonville State University.