About Alco Management, Inc:


Since 1974, ALCO has successfully acquired, developed, and managed thousands of apartments in multiple states. Our decades of experience have built a  tradition of excellence. With a balanced portfolio of conventional and affordable properties, we excel at managing vibrant communities — places that people want to live. Our superior track record, extensive knowledge of the industry, and dedication to excellence set us apart. But at the end of the day, it is knowing that we have created homes for families, students, and senior citizens—as well as outstanding value for our investors—that inspires us to keep doing it right. Contact us today to find out how we can start Building Community together.

We do not discriminate on the basis of disability status in the admission or access to, or treatment or employment in, its federally assisted programs and activities.

The person named below has been designated to coordinate compliance with the nondiscrimination requirements contained in the Department of Housing and Urban Development’s regulations implementing Section 504
(24 CFR, part 8 dated June 2, 1988).
Michael Williams 35 Union Avenue Suite 200, Memphis, TN 38103 504coordinator@alcomgt.com 901-544-1738 (voice) 901-544-1751 (TTY)

Professional Affiliations



Since 1974, Frank has guided the company toward its current status as a leader in managing apartment communities. His expertise in apartment finance and affordable housing programs has resulted in ALCO’s balanced portfolio of conventional and affordable housing communities. He is responsible for the overall vision and strategy that guides ALCO’s diverse portfolio.

Graduating with honors in engineering from Princeton University and Harvard University’s Smaller Company Management Program, Frank serves on the Boards of the Institute for Responsible Housing Preservation and the National Leased Housing Association (NLHA).

Robert D. Hyde

After serving as ALCO’s outside counsel as a partner in the Memphis law firm Farris Bobango PLC, Robert joined ALCO in 2002 to oversee legal matters, financial structuring of transactions, and recruitment of equity partners. In 2011, Robert became the President of ALCO and is responsible for all aspects of development, acquisition, construction, management and repositioning of ALCO’s portfolio of communities. With an accounting degree from the University of Mississippi and a Juris Doctor from the University of Mississippi School of Law, Robert is a Certified Public Accountant (CPA) and a member of the Mississippi and Tennessee Bar Associations.

Michael D. Johnson

During his more than 35 years with ALCO, Michael helped develop the strategies which guided the company’s significant growth and national recognition as one of America’s largest managers of affordable housing. He cites a corporate culture which celebrates teamwork and empowers staff to serve others as a key to ALCO’s success. Since starting his career at ALCO as an accounting  manager, Michael has served as controller, chief financial officer and chief operating officer. He holds an honors degree in  accounting and an MBA in finance from the University of Memphis. He is a Certified Public Accountant (CPA), Certified Information Technology Professional (CITP), National Affordable Housing Professional Executive (NAHPe) and Specialist in Housing Credit Management (SHCM). Michael is past President of the Southeastern Affordable Housing Management Association (SAHMA) and is President of National Affordable Housing Management Association (NAHMA).  He is also a board member of the National Leased Housing Association (NLHA).

Sondra M. Wimbs
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Beginning her career with ALCO in 1991 as a district property manager with a background in hotel and condominium management, Sondra supervises the day-to-day management and operations of all communities in ALCO’s portfolio. Sondra holds an undergraduate degree from the University of Tennessee and is a Certified Property Manager (CPM), a Registered Apartment  Manager (RAM), a National Affordable Housing Professional Executive (NAHPe), has the Fair Housing Compliance designation (FHC), is a Specialist in Housing Credit Management (SHCM), and is active in local professional housing organizations.

Stewart Carlin
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Since joining ALCO as a financial analyst in 1999, Stewart has successfully executed complex recapitalization plans and reduced utility costs through specific programs, as well as leading “green project” initiatives. As Vice President of Asset Management, Stewart develops and executes long-term, performance-enhancing strategies while monitoring budgets, capital requirements and the overall performance of properties across the ALCO portfolio. Stewart holds an undergraduate degree from Vanderbilt University and an MBA in Finance from the University of Memphis.

Berkeley C. Burbank
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Berkeley has been active in the development of affordable housing since 1995. He joined ALCO’s acquisitions and development team in 2006 to manage the financing and renovation of a number of our communities. He has experience working with a broad range of debt and equity sources including conventional and FHA mortgage programs, tax exempt bonds, low income housing tax credits, HOME and HOPE VI. In 2012, he also took on broader responsibilities for organizational development. Berkeley holds a degree in public policy from Stanford University.