Fifth Management

What We Do

Fifth Management provides an array of professional real estate services to its clients including property management, construction supervision, general consulting and real estate finance guidance to owners and investors of multi-family and commercial properties in select markets throughout Maryland, Delaware and Virginia. The company specializes in multi- family conventional housing, multi-family affordable housing and commercial management.

COMMERCIAL MANAGEMENT:
Fifth Management is experienced in the operation of commercial properties including office buildings and warehouses. Office buildings currently under management by Fifth Management are both multi-tenanted and single tenant. Tenants include professional organizations, restaurant, government agencies, real estate companies and various service providers.

Our company works closely with its commercial tenants to ensure a professional business environment and to cultivate long term relationships.

MULTI-FAMILY AFFORDABLE HOUSING:
Fifth Management presently manages multi-family affordable housing properties subsidized through USDA-Rural Development 515 housing programs. The company also has a depth of experience in managing HUD financed properties; project based Section 8 subsidies; Low Income Housing Tax Credit and Federal Home Loan Bank subsidies. Under these many programs, it is the responsibility of the management company to ensure strict compliance with income and rental rate limitations. Fifth Management uses sophisticated automated systems to track compliance and produce reports required by these many organizations. The staff of Fifth Management takes great pride in the services it offers to the residents of its affordable portfolio properties and works closely with each resident to ensure a safe and comfortable living environment for them and their families.

MULTI-FAMILY CONVENTIONAL HOUSING:
Fifth Management also has extensive experience in the management of conventional rental housing units. Fifth Management and its affiliates have managed over 1000 units of conventional housing with the primary focus on aggressive marketing and leasing to maximize the bottom line for the owners.

In all instances, conventional properties have appreciated in value and generated returns for the owners under the direction of Fifth Management and its affiliates.

REAL ESTATE FINANCIAL CONSULTING:
Fifth Management has assisted in applications for tax credits from government housing agencies and has arranged for subsequent loans as necessary to restore and improve the long term stability of many properties. The Company has also worked closely with owners to complete the refinancing of multi-family properties as well as commercial properties.

CONSTRUCTION AND DEVELOPMENT:
Fifth Management and its affiliates are experienced in completing new construction and large scale renovation projects and can assist property owners with capital improvements and substantial rehabilitation of aging properties.