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Southern Management Companies is a privately owned [1] property management company in the Mid-Atlantic United States. [2] [3] [4] [5]The company owns more than 25,000 apartment units [6] across 76 properties, three hotels, [7] and 1 million square feet in commercial space [8] in the Baltimore/DC area and a ski resort, hotel, and conference center, Bear Creek, [9] in Macungie, Pennsylvania.
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments. As of January 31, 2021, the company owned 79,856 apartment units in New England, the New York City metropolitan area, the Washington, D.C. metropolitan area, Seattle and California. It is the 3rd largest owner of apartments in the United ...
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D.C. housing officials say the Park Southern Apartments now need more than $20 million in repairs, which is almost as much as the building is worth. [ 29 ] The Washington Post reported that PSNC attempted to sell the Park Southern Apartments to the former manager of the complex, Phinis Jones, in an attempt to pay back the city's loan.
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