We are interested in management engagements and purchase opportunities with regard to multi-family communities in Southeast Michigan. In 1977, affiliates of LR Management Services Corporation sold 3,104 apartment units to Home Properties of New York. We remained as regional manager for Home Properties in Michigan growing the portfolio to over 5,000 apartment units under our direct management.
The communities we presently manage out perform communities in their sub-markets in terms of occupancy and profitability. Our communities are among the most highly regarded in Michigan.
We are set to staff a new management assignment of any size in 24 hours.