Grady Management Overview

Grady Management Inc. is a full service residential, commercial and consulting real estate firm, overseeing multi-million dollar income producing real estate in the greater Washington and Baltimore metropolitan area. Grady Management also provides asset management and consulting services throughout the United States. As an ACCREDITED MANAGEMENT ORGANIZATION (AMO), a designation given by IREM, the Institute of Real Estate Management. Grady Management is in company with only 3% of management companies nationwide that hold that designation. The main focus of Grady Management is to maintain the quality of real estate and provide environments where people wish to live and work while at the same time enhancing returns on investment. This framework presents a win-win situation for both owners and residents and the long term health of the properties. Our motto "Exceptional People Creating Exceptional Communities" is more than just words for thousands of people living at communities managed by Grady Management. The following is a brief outline of Grady Management's experience. Performed over 350 feasibility studies on the purchase and viability of apartment communities for ourselves and clients. Our extensive files include details on over 765 residential and commercial properties in the Washington and Baltimore area. Raised equity in excess of $36,000,000 to purchase 11 properties using limited partnership structures. Completed over $30 million dollars of interior apartment modernization (rehabs) and supervised over $30 million dollars of common area renovations. Successfully turned around 13 distressed properties totaling 4,891 units Recognized as a leader in energy conservation technology since 1972, our energy conservation measures have saved clients over $50,000,000. Local utility companies have acknowledged Grady Management as a leader in utility conservation. Leased up from construction over 9,500 rental units. Arranged financing loans for 38 properties with loan proceeds in excess of $500,000,000. Managed over 35,000 apartment units in over 100 locations over the last 31 years. Managing 15 LIHTC - Tax Credit communities. Extensive experience in managing various types of subsidized apartment programs, which have included 100% Elderly Section 8,100% Section 8 Family, 236 program, 221(d)(4) new construction, Section 8 Vouchers and various local and state low to moderate income programs Managed over 600,000 square feet of commercial retail and office space. Successfully converted 9 rental communities, comprised of over 2,000 units, to condominium and co-op ownership. The $76,000,000 sell out of these units was handled by Grady Realtors. Managed over 11,000 condominium units in over 50 locations.