Gables Residential has a deep history of Taking Care. We take care of our residents, our assets, our investors, and our Third-Party clients. Our story is possible because of our people. Gables Residential is an award winning, vertically integrated, real estate company and privately held REIT specializing in the development, construction and ownership, acquisition, financing and management of multifamily and mixed-use communities. We own, develop and manage communities in high-growth U.S. markets such as Atlanta, Austin, Boston, Charlotte, Dallas, Denver, Houston, North Florida, Phoenix, Seattle, South Florida, Southern California and metropolitan Washington D.C. Gables has been in business since 1982, and has evolved from an umbrella partnership REIT into a private company when ING Clarion, Lehman Brothers, and other investors agreed to buy the company for $2.8 billion in October 2005. In 2014, our close-ended fund that took the company private was coming to a close. Clarion Partners and a group of investors acquired Gables Residential in 2015 for $3.2 billion, and converted the company into a perpetual life vehicle.
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Since 1997, our motto has been “Taking Care of the Way People Live”. In 2017, we launched a new tagline embracing each individual with our personalized hospitality approach when doing business with our prospects, residents, clients, and fellow colleagues at Gables. Our tagline has evolved to:
With 1,076 associates at Gables, our noteworthy tenure at all levels reaffirms our people-focused culture. On average:
OVERALL TENURE: 5 YEARS LEADERSHIP TENURE: 15 YEARS ONSITE TENURE: 4 YEARS REGIONAL MANAGER TENURE: 9 YEARS COMMUNITY MANAGER TENURE: 6 YEARS “There is a great culture that fosters team work and not only taking care of the way people live but taking care of each other. It’s just a great environment to be in.” “I have stability at my job. I have worked here for almost 13 years. They provide me with great benefits and a great salary. I am #GablesProud to tell my friends and family that I work for Gables.”
Atlanta based
Public REIT formed creating Gables Residential Trust Acquisitions Houston, Austin & TCR South Florida Division
Entered Metro D.C. Market Acquired Dupont Circle & Purchased HG Smithy Management Company
ING Clarion acquired Gables creating Lions Gables Apartment Closed-ended fund
Fund closes, Clarion acquires Gables with new investors for $3.2 billion
Gables is committed to being a responsible developer, owner and manager of real estate by contributing to the well-being of the broader community in which we operate. While dedicated to seeking innovative approaches to improve the impact of our daily actions, products and services at the community and for the environment, we continue our long tradition of leaving a lasting quality product for future generations. Our Core Values are our rock solid and unchanging beliefs, regardless of trends or market conditions, and are based on delivering the following:
Community service is at the very root of Gables’ corporate culture. Our continuous dedication to the spirit of ongoing volunteerism ingrained throughout our company makes a lasting impact on the communities we serve, and in turn instills a lasting purpose in our associates. For the 17th consecutive year, our associates company-wide participated in our annual Gables Day - a full day dedicated to community service projects in each of our regions. Below are a few organizations that Gables has been proud to serve on Gables Day: • Dallas: People Helping People (dallascityhall.com) • Atlanta: Path Academy (pathacademy.org) • Austin: Center for Child Protection (centerforchildprotection.org) • Boston: Room to Grow (roomtogrow.org) • California: San Diego Habitat for Humanity (habitat.org) • DC Metro: Project Homeless Connect with United Way NCA at Central Union Mission (unitedwaynca.org) • Houston: Covenant House (covenanthouse.org) • North Florida: Bakas “Horses for the Handicapped” Equestrian Center (bakasridingcenter.com) • South Florida: HomeSafe (helphomesafe.org)
$1,135,000
Over 130,000
NATIONAL AWARDS 2018 Best Places to Work in Multifamily – Best Places to Work 2017 Property Management Company of the Year (Gold) - Multi-Housing News (Awarded this honor twice in the past four years!) 2017 Best and Brightest Company to Work For - 101 Best and Brightest 2017 Environmental Stewardship Award - Graebel Relocation Alliance 2017 Best Employee Training Program – Litmos 2017 Top Company for Workplace Wellness – Aetna
REGIONAL AWARDS 2017 Property Management Association PACE Winner (Market Rate) Columbia Town Center (Columbia, MD) Westbrooke Place (Washington, DC) 2017 Property Management Association PACE Winner – Judge’s Choice (Market Rate) Gables Dupont Circle (Washington, DC) Gables Upper Rock (Washington, DC) 2017 Property Management Association PACE Winner – Distinguished Communities (Market Rate) Flats at Wheaton Station (Wheaton, MD) Gables 12 Twenty One (Arlington, VA) Gables Centerpointe (Fairfax, VA) Gables Takoma Park (Washington, DC) Gables Woodley Park (Washington, DC) Red Run Apartments (Owings Mill, MD) 2017 Frederick County Builder’s Association Best Multifamily Project – Urban Green Apartments (Urbana, MD)
Gables’ sustainability strategy is reflected in the daily practices of our entire company including the investment, operations and corporate services teams. Sustainability performance is tracked and reported quarterly to keep management informed and to influence future planning efforts. In 2016, Gables expanded the sustainability team to include a full-time Director of Sustainability. The goal for their role is sustainability efforts programing while driving green efforts across departments to establish and manage an impact in four key areas: • • • •
New development and construction Ongoing on-site operations and maintenance Corporate office initiatives Associate and resident awareness
Our commitment to excellence in environmental operations and management of communities is founded in sustainable practices that were established as Standard Operating Procedures (SOPs) over 10 years ago. These practices focus in areas of responsibility including resource use, procurement decisions and waste management. The SOPs communicate the accountability structure and scope of these initiatives. We measure our work to manage our progress against the goals set:
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Entrusting a company with your assets is more than just a business transaction – it’s the start of a powerful partnership. We realize that choosing the right management team is vital to the value and return on your investment, as we share the same mindset when it comes to our own organization. Because we recognize the importance of investing in our own people, success is an inevitable outcome. That’s why our clients represent a diverse group of institutional owners, private equity groups and private investors who seek exceptional financial results. Our reputation as a third-party management company speaks for itself, with over 30 years of experience and a full case of awards. We aren’t claiming to be the largest company, but we are confident our boutique approach to property management is what sets us apart. Approximately 50% of our portfolio is made up of third-party communities. Our high-caliber services include:
• Information Technology/Integrations • Dedicated Accounting Team • Centralized National Marketing Platform • Revenue Management • Gables Corporate Accommodations • Lease-Ups • Renovations • Development Consulting Services • Procurement