Multifamily Property Management

• Management footprint extends from Southeastern Virginia to South Carolina. 
• Extremely knowledgeable in the management of virtually every type of multi-family project
  • Conventional Market-rate housing: A, B and C properties
  • IRS Section 42 Low-income Housing Tax Credit properties, both market rate and with deep rent subsidies
  • HUD Section 236
  • HUD Section 8
  • Rural Development (formerly Farmers Home)
  • Virginia Development Housing financed properties
  • Department of Defense Set-Aside properties
• Manage properties for a diverse group of owners including:
  • General Partnerships,
  • Limited Partnerships
  • Sole Ownerships
  • Co-ownerships
  • Non-profit owners
  • Norfolk Redevelopment and Housing Authority
  • Portsmouth Redevelopment and Housing Authority
  • Department of Defense

• Recipients of three HUD Drug Elimination Grants totaling over $200,000

Rescue of Distressed Properties

• Beechwood Apartments, Vicksburg, Mississippi
• Crosswinds Apartments, Chesapeake, Virginia
• Forest Cove Apartments, Chesapeake, Virginia
• Foxhill Apartments, Hampton Virginia
• Hunters Point Apartments, Chesapeake, Virginia
• Lexington Park Apartments, Norfolk, Virginia
• Oak Park Apartments, Norfolk, Virginia
• Southside Gardens, Portsmouth Virginia

Commercial Management Experience

We currently manage over 200,000 square feet of commercial space in Southeastern Virginia. Our portfolio includes commercial, educational, industrial and office space to include:

• Over 20,000 square feet of commercial space for grocery store chain
• 140,000 square feet of industrial and office space at commerce park
• 10,000 square feet of educational space
• Over 10,000 square feet of office space

Partnership Management

• We have been forming and managing partnerships for almost thirty years and are well versed in the advantages and disadvantages of the various entity structures.
• We currently manage more than 25 partnerships in Virginia and South Carolina including:
  • Partnerships syndicated by affiliate companies
  • Partnerships syndicated by outside companies
  • Nonprofit organizations
  • Local housing authorities