Welcome

Legend Asset Management was created to provide clients with quality, professional & exceptional management in the multifamily industry. While maintaining the day-to-day operations of the asset, we are proactive in providing superior knowledge and unwavering ethical conduct from everyone at Legend Asset Management. We are bringing back traditional standards of service with unparalleled results. The only way to generate value is to preserve the value of the asset, minimize loss and outperform on a management level.

About Legend

Legend Asset Management is led by President and Chief Operating Officer, Ms. Robbie Sebren Burns. Ms. Burns is a veteran and leader in the apartment industry. Our goal is to enhance long-term value by reducing cost while increasing revenue. We are able to provide various programs such as Renovation / New Construction as well as Rehab Oversight. We have a proven track record in working with troubled assets to redirect and reposition them with the current market.
Legend Asset Management offers a full spectrum of property management services. We are a sophisticated, entrepreneurial organization that can manage the most complex transactions with speed and expertise. We are well positioned to capitalize on the inefficiencies in all market conditions. Our management team has in-depth experience with a focus on multifamily. We believe that there is no greater opportunity than to serve our clients.

Mission Statement

Legend Asset Management draws upon more than 75 combined years of business and real estate experience. Our management team provides a hands-on approach with the supervision and management of each asset by implementing aggressive strategies as it pertains to:

  • Coordination of services with owners/investors, on-site management personnel and contractors/vendors
  • Timely submissions of monthly financial reporting for expense monitoring and revenue
  • Daily, weekly, monthly evaluation and analysis of operations and the condition of each asset
  • Direction of leasing efforts
  • Development of a strategic marketing plan and effective customer promotion within a client’s existing portfolio

Meet The Staff


Robbie Sebren Burns

Robbie Sebren Burns

Robbie Sebren Burns has been in the property management for more than 25 years, providing real estate services to owners and investors of multi-family properties. She provides attention to each asset with resources to minimize the expense and operate within the budget constraints by examining various inefficiencies and areas needing improvement and proposing suggestions and modifications based on your objectives for the property. Ms. Burns has vast experience in every area of Property Management including:

 

  • Fee Management Contracts                                     
  • Capital Improvement / Rehab
  • Acquisitions
  • Residential Leasing
  • Foreclosures
  • Market Analysis
  • HUD
  • Budgeting and Forecasting

Her affiliations include:

Dallas Apartment Association
Tarrant County Apartment Association
Multi-family Housing Committee
Acting Member East Arlington Renewal Committee
Ms. Burns is experienced in property take-over and is able to increase and maintain high occupancy percentages resulting in a stronger positive cash flow and a solid bottom line. She is responsible for setting up management systems, on-site property systems, new construction and lease ups with complete success. Her training and supervisory skills have provided her with "the best of the best” in support management.

 

Ms. Burns has expertise in tackling challenging projects, especially those that require creative strategies that result in favorable financial benefits to investors.  She is a long-term planner, problem solver and producer of permanent improvements and solutions.  Ms. Burns’ knowledge of dealing with troubled assets (including working with city officials and government commissions), identifying issues needing to be addressed from a maintenance and capital improvement standpoint and increasing the occupancy to better position the asset for long term success, refinance or sale. Ms. Burns is active in both Tarrant County and Dallas Apartment Associations.  Her participation in both organizations includes working with code compliance officers and other departmental officials relating to code issue disputes.

 

Ms. Burns has experience working with properties in receivership and understands the detailed needs and requirements for accountability and reporting as the asset proceeds through the process.  She is able to bring to bear her experience in the industry (and with troubled assets specifically) to best preserve and position the asset for disposition in the receivership process.

 

Ms. Burns is knowledgeable of and committed to sound real estate investment principles and practices. She has the ability to organize, delegate and oversee projects from the conception of the idea to satisfactory completion of the project.  She operates with the belief that “the front line equals the bottom line”. 

Bobby Aytes

Bobby Aytes

Bobby Aytes is responsible for working across all aspects of Legend Asset Management’s operations to refine on site property operations while improving existing processes and procedures, implementing organizational changes and driving value initiatives across the entire platform. Mr. Aytes is well versed in real estate services and business operations as well as corporate management to oversee the property operations of the diversified portfolio of assets in Legend’s multifamily client properties. In connection with his duties as corporate representative to business clients, Mr. Aytes prepares and presents operating reports, budget analysis along with multi owner reporting capital improvements. Mr. Aytes is proficient in acquisitions and repositioning to include property take over, due diligence, rehab to include review of bidding process, contract negotiations, setting up initial operations on new assets obtained by Legend Asset Management, training on site staff, rent evaluations, and placing proven systems in place to build the right team for the asset.  Mr. Aytes has the abilities to lead and build teams with efficient leadership and motivation.  Mr. Aytes’ demeanor is calm and confident with the ability to work with a positive approach under the most stressful conditions. Mr. Aytes has a customer service philosophy and requires all team members of the staff to maintain customer service focus in the day to day handling of resident issues with strong collection policies and procedures as well as meeting the owner’s requirements, staff and resident’s needs. His experience includes 10 year’s onsite property management and over 20 years’ experience in a supervisory role including managing staff. His skills include excellent oral and written communication, strong knowledge of property management, multiple property software packages, strong multifamily marketing and proven skills in challenging property improvement.  Mr. Aytes is a very self-motivated, disciplined individual and thrives on getting the job done.  He demonstrates stability, trustworthiness and loyalty in all aspects of his duties.

 

Mr. Aytes has worked in the multifamily industry since 1982 excelling in all positions of management then progressing to a regional manager’s position in 1993 providing expert supervision over 3500 units with operational and process improvement services to various real estate owners, operators, lenders and investment firms.

 

Mr. Aytes obtained his real estate license in 1996 and continued in the field of multifamily supervision with Legend Asset Management until 2009 when he was named and now serves as the Director of Property Operations. Mr. Aytes pursues additional training from apartment associations and real estate organizations to ensure that Legend Asset Management and all team members are performing according to current practices and staying current with the ever changing laws of the Texas Apartment industry. Mr. Aytes is currently working towards obtaining his real estate broker’s license in an effort to continue his education.

Tom Thornhill

Tom Thornhill

Tom Thornhill has been the Director of Administration (DA) for Legend Asset Management since 2010. Mr. Thornhill is the principle staff officer for administration areas and is responsible for all areas of property accounting, corporate accounting, finance, general partner reporting and all cash management. In addition, he is responsible for all audit and tax coordination, investor relations and reporting. Mr. Thornhill is proficient in the financial statement preparation and reconciliation for multifamily property, manufacturing and retail companies. Mr. Thornhill’s additional skills include general ledger reconciliation, maintaining fixed asset systems and depreciation schedules, analyzing gross profit margins, preparation, sales tax Auditor liaison for State tax audits and maintaining tax due dates. He is adept at preparing audit schedules, meeting with outside auditors, maintaining accounts receivable and accounts payable ledgers and maintaining deferred revenue and expense ledgers.

With over 25 years in corporate accounting, Mr. Thornhill’s previous experience is in the aviation industry and accounting for a land development and new home construction organization that specialized in multi-family as well as custom built homes.

Gary Bolding

Gary Bolding

Gary Bolding is a highly accomplished and results-driven accounting professional with a strong track record of delivering top performance and possesses a broad spectrum of experience in various industries, accounting methods and information systems.  He has proven his proficiency in undertaking difficult mandates and meeting tight deadlines in property management accounting and finance.  He has provided due diligence analysis and review of accounting and financial records including balance sheets, income statements, internal controls, accounting procedures, etc.  In addition to his twenty-five plus years in industry, Mr. Bolding has over ten years’ experience in national, regional and local public accounting firms providing tax, audit, financial and consulting services to a diversified clientele with a strong emphasis on commercial and residential real estate, oil and gas, healthcare and service related companies.  His skills include financial reporting, strategic planning, cash flow management and analysis, budgeting, cost analysis, forecasting, internal controls, due diligence, variance analysis, multiple project management, lender relations, consolidations and client/investor relations.  Mr. Bolding is a licensed Certified Public Accountant in Texas and is also a Certified Fraud Examiner.

Dana Foret

Dana Warren-Foret

Dana Warren-Foret brings over 30 years of corporate accounting experience of which 17 years has been in the residential multifamily industry working at various levels including rehab as well as new property construction accounting. Ms. Foret’s previous positions included Staff Accountant, Accounting Manager, Financial Analyst, Senior Financial Accountant and Corporate Comptroller. Ms. Foret’s duties included maintaining corporate and LLC financials, general ledger reconciliation, maintaining accounts receivable ledgers, maintaining deferred revenue and expenses, replacement reserves, statements of cash flow, balance sheets, income statements,  budget variance reporting, construction draws, preparation and review of monthly financial statements, payroll processing,  successfully maintaining  an accounting portfolio of up to 17 properties. Ms. Foret attended Tarrant County College and maintained a 4.0 GPA.  Her software skills include Microsoft Office, Sage/Timberline, Peachtree, QuickBooks, AMSI, Resman, Appfolio, Rent Roll and One site.

Apartment Search

Click or hover on a star to see the geological location and information about each property. You can also click the star below to view our online catalog!

Online Catalog

Contact Legend

Legend Asset Management
2415 Avenue J, Suite 111
Arlington, TX 76006

Phone: (817) 640-3040
Fax: (817) 701-0523
Email: info@legendmgmt.com


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