Fogelman Management Group (FMG) announced today that they have been awarded six new management contracts totaling more than 2,000 units in Tennessee,Texas, Florida, Georgia, Missouri and North Carolina. These newly managed communities areas follows:
- Carrington Square – Savannah, GA – 288 Units
- Lenox at Patterson Place – Durham, NC – 292 Units
- Whispering Lakes – Kansas City, MO – 384 Units
- Lincoln at Wolfchase – Cordova, TN – 408 Units
- WhitePalm–PortOrange,FL ‐ 330Units
- WhiteStone–Austin,TX–300Units According FMG President Mark Fogelman
According FMG President Mark Fogelman “With the addition of these recent communities to our managed portfolio, we are continuing to build our unit count in many of our core markets, while also having the opportunity to enter two exciting new markets: Austin, Texas and Port Orange, Florida. Overall, 2013 is shaping up to be another great year as the continued high demand for quality rental housing has resulted in strong operating performance at both our managed and owned assets”.
With these recent additions, Fogelman Management Group is now managing approximately 19,000 apartment homes, valued at more than $1.5 billion and located within 14 states and 24 cities across the Southeast, Southwest and Midwest regions of the country.
Fogelman Management Group, LLC (FMG) is a privately held, full service property management and investment organization, focused exclusively on the operations of multifamily apartment communities. FMG was founded is 1963 and is headquartered in Memphis, TN, with regional operational offices located in Atlanta, GA; Raleigh, NC; San Antonio, TX; and Overland Park, Kansas. The company has more than 500 full time associates.