Thursday, March 09, 2006

Corcoran
Jennison Companies

MANAGED PROPERTIES

CJ Management: Mixed-Income Properties
CJ Management shares key personnel with CMJ Management, which was the first managment company in the nation to manage private mixed-income housing. Our success and familiarity with Section 8 and tax credit issues make us a leader in the industry for this type of housing.


Mixed-income housing, where a number of the total units are set aside for low or moderate income residents, is widely known in the housing industry today, but that was not always the case. CMJ Management was not only the first firm in the nation to manage this type of housing, but also the first to incorporate "resident services" as a key to its management strategy. To attract market rate residents, we realize that our properties need to be impeccably maintained, and our leasing and management staffs need to offer better service than the market rate competition.

Corcoran Jennison Management Company has earned a reputation in property management for creating and adding value. For over thirty years CJ Management and CMJ Management Company have provided innovative and excellent service. CJ Management was named "Property Management Company of the Year" by the National Association of Homebuilders.

CJ Management Company and CMJ Management Company manages commercial property as well as nearly 25,000 units of housing in three areas: conventional apartments, mixed-income housing, and condominiums. Properties include new construction and rehabilitated communities in urban and suburban locations. To create and add value, CJ Management identifies services that will increase owner profitability and resident satisfaction. This means keeping up-to-date technology available while still providing impeccable maintenance and service to property owners and residents.

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