Gables Residential is an award-winning, vertically integrated, real estate company and privately held REIT specializing in the development, construction, ownership, acquisition, financing and management of multifamily and mixed-use communities. Gables Residential owns, develops and manages communities in high-growth U.S. markets such as Atlanta, Austin, Boston, Dallas, Denver, Houston, South Florida, Southern California and metropolitan Washington, D.C. Gables also provides third party management services in the New York, New Jersey, Baltimore, Frederick, Tampa, Phoenix, Seattle, San Antonio, Charlotte, Central and North Florida markets.Gables manages approximately 30,000 apartment homes and 600,000 square feet of retail space and has received national recognition for excellence in development, management, sales, marketing, training, benefits and corporate accommodations. These achievements reflect the impact of our experienced and dedicated team members, our superior knowledge of the markets served, and expertise in development and management.

Privately owned and operated the Flournoy Companies, headquartered in Columbus Georgia, consist of - Flournoy Development, Flournoy Properties and Flournoy Construction. The companies have developed and built over 30,000 units for affiliated entities and several thousand additional units for unaffiliated third parties since its formation in 1967. We specialize in the development, acquisition, construction and management of high quality multifamily and commercial properties. Our multifamily portfolio is comprised of award-winning communities in the best locations throughout the Southeastern United States. As a unique, vertically integrated company with an outstanding reputation for serving our customers, we are continuously adding value to our owned portfolio through intensive and forward thinking management and leasing.

Carter focuses on development of mixed-use and multifamily projects in urban infill locations, equity development of student housing, acquisition of opportunistic office, project management and strategic consulting. Carter's high-caliber associates create value for clients using a team-based approach that leverages strong expertise and a deep knowledge base in a wide variety of markets. Carter is the country's third-largest commercial developer, according to National Real Estate Investor.