History, Culture & Contribution
HISTORICAL TIMELINE
a lasting impact…
Established in 1982, Gables Residential is a privately held owner and developer of multifamily and mixed use communities. We own, manage and have under development third party operations for nearly 28,000 apartment homes and 750,000 square foot retail.
Gables 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.
Atlanta Based1982
Acquisitions Houston, Austin, & TCR South Florida Division
1994
Public REIT formed creating Gables Residential Trust 1998
2001Entered Metro D.C. Market
Acquired Dupont Circle & Purchased HG Smithy Management Company
THIRD PARTY SERVICES
Taking Care of the Way You do Business…
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. Our reputation as a third party management company speaks for itself, with over 40 years of experience and approximately 50% of our portfolio is made up of third party communities.
Fund closes, Clarion acquires Gables with new investors for $3.2 billion
2005 company overview
ING Clarion acquired Gables creating Lions Gables Apartment Closed ended fund
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THE CORE
…values are the foundation
The mission is simple and clear:
Taking Care of the Way You Live
It speaks first to our residents, but it has equal relevance to our hard working associates, our clients and our investors. When we take care of our residents, we take care of our company.
To fulfill this mission, we stay true to core values:
Extraordinary quality and service for our residents
Unparalleled employment experiences for our associates
Utmost integrity and value for our investors and customers
Enduring contributions to our local community
These values are embedded in our culture. They are also absolute; in that they never waver. Most of all, they remind us daily as to what we mean by
Taking Care of the Way You Live
POSSIBLE BECAUSE OF our people…
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.
Investing in the well being of our associates continues to pay off. They are the front lines of every community, the first impression for prospects and the ever present resource for residents. They are our Gables associates and taking care of them is a high priority for our company.
With 900+ associates at Gables, our noteworthy tenure at all levels reaffirms our people focused culture. On average:
OVERALL TENURE: 5.59 YEARS
LEADERSHIP TENURE: 12.8 YEARS
ONSITE TENURE: 4.39 YEARS
REGIONAL MANAGER TENURE: 10.36 YEARS
COMMUNITY MANAGER TENURE: 5.65 YEARS
THE ESG OF GABLES
Gables’ sustainability strategy is reflected in the daily practices of the investment, operations and corporate teams. We set policies and standard operating procedures (SOPs) to establish accountability,
standards and consistency across the Gables portfolio.
Environmental
• Commit to newly established sustainability goals for 2030 in recycling, renewable energy, greenhouse gas reduction, water usage and energy usage
• Plan and implement energy, GHG emissions, water and waste management programs including benchmarking (measurement), project identification and implementation and performance standards
• Assess opportunities for renewable energy generation
• Pursue green building certifications on all new developments
history, culture & contributions
Social
• Engage and educate associates to help implement initiatives for company sustainability goals and objectives
• Provide a safe work environment and promote associate health and wellness through innovative programs and services
• Provide sustainable and healthy communities for our residents through development and operating practices, programs and policies and health and wellness certifications
• Engage with suppliers who work to minimize their environmental impact through their own sustainability commitments and initiatives
Governance
• Maintain focus of senior leadership and board on ESG issues
• Protect asset value and prevent disruption to business operations by assessing climate transition, social and physical risks
• Increase transparency by communicating and reporting sustainability efforts and progress to stakeholders in our annual corporate sustainability report and ongoing participation in Global Real Estate Sustainability Benchmark (GRESB)
• Work with an independent source to evaluate Gables’ metrics relating to environmental performance
environmental, social and governance practices define our sustainability approach
GIVING BACK
commitment to our greater community
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. Since 2000, our associates company wide participated in our annual Gables Day a full day dedicated to community service projects in each of our regions.
Pets are a beloved part of our communities, too
Our love for pets reaches beyond our communities to support animal centric charities. Guardian Angels Medical Service Dogs is one such charity. Guardian Angels pairs trained medical service dogs with military veterans and disabled individuals across the country. In 2020, the generosity of residents and associates helped raise $25,000 to prepare one medical service dog for someone in need.
Take The Day Off and Serve
In 2020 every Gables associate was called to take a day of their choosing to serve a charity of their choosing to impact change or provide meaningful Care to their local community.
OUR DAY FEEDING A CITY
My volunteer day was helping the Feed the City food distribution. It was an amazing day! We packed boxes of food for over 500 families. I worked alongside my two grandsons. We worked hard for 5 hours, but it was such a rewarding experience. Since that day, we have volunteered three more times on the weekends. We will continue to help, whenever we can. Patti Ney, Regional HR Manager
SUSTAINABILITY
Our goals for 2030…
Two overall strategies factor into our efforts to reduce emissions: Changing how we operate our communities and corporate offices and investing annually in energy efficiency.
Investing annually in energy efficiency projects will help us lower energy use by 2% each year. The projects include retrofit ting lighting, installing new lighting controls, adding smart thermostats to common areas and replacing end of life equipment with higher efficiency models.
The focus on sustainability is engrained in our culture and business practice. It’s also the product of carefully coordinated responsibilities.
Energy Goal
Reduce common area energy use by 20% - 2% annually
Greenhouse Gas Emissions Goal Reduce GHG emissions by 20% - 2% annually
Water Goal Reduce whole building water use by 10% - 1% annually
Waste Goal Increase recycling in apartment homes by 10% -1% annually
Renewable Energy Goal Increase renewable energy use by 50% -1% annually
history, culture & contributions
To read our Corporate Citizenship Report scan the QR Code:
ROLES, RESPONSIBILITIES & SUSTAINABLE COMMUNITIES
sustainability is every associate’s responsibility at Gables
Sustainability Advisory Council
Comprised of the Gables CEO and senior leaders across the company, the Council shapes the vision and sets the strategy for sustainability initiatives. Members meet quarterly and assess the programs’ progress.
Gables Board of Directors
After studying proposals from the Advisory Council, the Board approves a budget and authorizes funding for sustainability activities.
Director of Sustainability
This individual oversees program, projects and performance metrics, providing progress reports to the executive team, while also leading the Sustainability Advisory Council.
Gables Associates
Each individual is expected to contribute to environmental stewardship. All associates set and discuss their contributions to sustainability goals as part of their annual talent and performance development program.
sustainable community programs & features
Building Certifications
National Green Building Standard
Energy Star Labeled Communities
EarthCraft Multifamily Certified
USGBC LEED for Homes
Energy-Efficiency
Energy-efficient LED lighting throughout the community
ENERGY STAR dishwashers, refrigerators, washers
Programmable thermostats
Water Conservation
Water-efficient showerheads and faucets
Water-efficient toilets
Yardi Energy System (YES) Utility Processing
Across all communities, Gables has implemented the YES utility processing program. YES will increase utility cost recovery and will improve our sustainability strategy and reporting.
IMPORTANCE OF DEI
Diversity is a fact. Inclusion is an action.
Equity is a choice. Belonging is an outcome…
Delivering on our mission of Taking Care of the Way
You Live can’t be accomplished through a homogeneous lens. A sustainable business requires diversity of thought, backgrounds, and abilities as well as inclusive mindsets and programs, policies and practices that are equitable and built on a foundation of equality and trust.
GABLES DEI COUNCIL - REPRESENTED
A diversity, equity and inclusion (DEI) Council is compromised of a diverse cross section of associates. The Council is a welcoming space for our associates to collaborate and engage in mission driven progress toward our vision of an inspired and supportive workplace.
SHELTERS TO SHUTTERS
This Virginia based nonprofit organization transitions individuals out of situational homelessness to economic self sufficiency through partnerships with the real estate industry to provide employment and housing opportunities
“Shelters to Shutters catapulted me to a whole
other level. Now I have a stable job and my own apartment. I can do school now without stressing about having to park somewhere safe so I can sleep. Now I can go home and have internet service in my house to get my assignments done.”
- Moma Sayplay
Gables Mill
Market Presence
GABLES NATIONAL MARKET PRESENCE
AZ & CA
YEARS IN MARKET: 17
PROPERTIES UNITS
THIRD PARTY 1 497
GABLES & JV 3 522
TOTAL 4 1,019
DENVER, CO
YEARS IN MARKET: 9
PROPERTIES UNITS
THIRD PARTY 1 225
GABLES & JV 4 887
TOTAL 5 1,112
AUSTIN, TX
YEARS IN MARKET: 32
PROPERTIES UNITS
THIRD PARTY 3 947
GABLES & JV 5 1315
TOTAL 8 2,262
DALLAS, TX
YEARS IN MARKET: 39
PROPERTIES UNITS
THIRD PARTY 9 2,630
GABLES & JV 8 2178
TOTAL 17 4,808
HOUSTON, TX
YEARS IN MARKET: 39
PROPERTIES UNITS
THIRD PARTY 1 298
GABLES & JV 10 2579
TOTAL 11 2,877
D.C. METRO
YEARS IN MARKET: 19
PROPERTIES UNITS
THIRD PARTY 10 1,864
GABLES & JV 7 1325
TOTAL 17 3,189
BOSTON, MA
YEARS IN MARKET: 12
PROPERTIES UNITS
THIRD PARTY 6 1,213
GABLES & JV 3 953
TOTAL 9 2,166
ATLANTA, GA
YEARS IN MARKET: 39
PROPERTIES UNITS
THIRD PARTY 4 1,103
GABLES & JV 7 2315
TOTAL 11 3,418
NORTH FLORIDA
YEARS IN MARKET: 37 PROPERTIES UNITS
THIRD PARTY 6 1,850
GABLES & JV 0 0
TOTAL 6 1,850
SOUTH FLORIDA
YEARS IN MARKET: 37 PROPERTIES UNITS
THIRD PARTY 4 878
GABLES & JV 8 2015
TOTAL 12 2,893
Austin, TX
Gables at the Terrace
Gables Central Park
Gables Park Plaza
Gables Park Tower
Gables Republic Square
Gables West Avenue
Lantana Ridge
Domain Verde
Houston, TX
Crimson
Gables 6464 San Felipe
Gables Cityscape
Gables Citywalk
Gables Metropolitan Uptown
Gables Post Oak
Gables Revere Upper Kirby
Gables River Oaks
Gables Tanglewood
Gables Upper Kirby
M5250
presence
Dallas, TX
Gables Katy Trail
Gables McKinney Avenue
Gables Mirabella
Gables Park 17
Gables Republic Tower
Gables Turtle Creek Cityplace
Gables Villa Rosa
Gables Water Street
Mission Gate
Park 5940 MD
State Thomas Ravello
The Henderson
The Kathryn The Margo
The Maxwell
Uptown Trail
Boston, MA
Crimson Court
Gables Arsenal Street
Gables Seaport
Gables University Station
HUB25
Katahdin Woods
RE150
Watermark Kendall East
Watermark Kendall West
Washington, DC
215 C Street
Gables City Vista
Gables Dupont Circle
Gables Takoma Park
Ledger Union Market
Ora
The Berkshire Westbrooke Place
Yuma Gardens
MD & VA Chase Heritage Curve 6100
Gables 12 Twenty One
Gables Centerpointe
Gables Old Town North
Gables Pointe 14
Langley Terrace
Waverly Village
Denver, CO
Gables Cherry Creek
Gables Residences
Gables Speer Blvd
Gables Vista
Residences Market Station
AZ & CA
Desert Club
Gables Alta Murrieta
Gables Oak Creek
Gables Point Loma
market presence
Atlanta, GA
Berkeley Heights
Dunwoody Gables
Gables Brookhaven
Gables Century Center
Gables Midtown
Gables Mill
Gables Montclair
Gables Sugarloaf
Gables Vinings Village
The Ashley Gables Buckhead
Willow Trail
North Florida
Mirrorton Apartments
Shadetree Apartments
The Enclave
The Napier
The Wilds at Trailwinds
West Port Colony
South Florida
Gables Boca Place
Gables Columbus Center
Gables Montecito
Gables Palma Vista
Gables Ponce
Gables Town Colony
Gables Town Place
Gables Wilton Park
Mizner Park Apartments
Royal Poinciana South
The Residences at Thesis
Vue at 1400
Corporate Offices
Core
Service Is Our Signature Amenity CORE SERVICES
Customized and hospitality focused service is what inspires us. It’s about creating long term relationships built upon trust, caring and respect. This mindset is carried through to our residents, fellow associates, vendors and especially our third party clients.
TRAINING & RECRUITING
& RISK MANAGMENT
THIRD PARTY SERVICES
BUSINESS INTELLIGENCE
LEASE UP EXPERIENCE
Leadership
EXECUTIVE LEADERSHIP
SUE ANSEL
President
Chief Executive Officer
Started career with Gables in 1988
DAWN SEVERT
Executive Vice President
Chief Financial Officer
Started career with Gables in 1994
DONNA SUMMERS
President Gables Management Company
Started career with Gables in 1984 96.
Returned in 2005
MARY HOLLANDS
Senior Vice President
Third Party Operations
Started career with Gables in 1993
GREG GASIOR
Senior Vice President Operations East
Started career with Gables in 1995
MELANIE TRAPNELL
Senior Vice President Operations West
Started career with Gables in 2017
GIGI GIANNONI
Senior Vice President Customer Experience
Started career with Gables in 2002 2004.
Returned in 2013
EXECUTIVE LEADERSHIP
ROB PRESLEY
Senior Vice President
Facilities Management and Quality Assurance
Started career with Gables in 1988
BRIAN MOSLEY
Senior Vice President
Asset Management
Started career with Gables in 2019
PHILIP ALTSCHULER
Senior Vice President
Human Resources
Started career with Gables in 2008
DAVID REECE
Senior Vice President
Finance and Capital Markets
Started career with Gables in 2008
DENNIS RAINOSEK
Senior Vice President
Portfolio Management
Started career with Gables in 1986
JORGEN PUNDA
Senior Vice President Investments
Started career with Gables in 2006
CARRIE BILLIAM
Senior Vice President Accounting
Started career with Gables in 2021
MATTHEW BEARDEN
Senior Vice President Construction
Started career with Gables in 2004
OPERATIONS LEADERSHIP
JEAN ANTON
Vice President of Operations
North Florida/Atlanta
Started career with Gables in 1997
SHELLY COULTER
Vice President of Operations
Dallas/Houston/Arizona
Started career with Gables in 1992
TIM HUTCHINSON
Vice President of Operations DC/ Boston
Started career with Gables in 2015
ANNA FRENZEL
Vice President of Operations Denver/California
Started career with Gables in 2015
DARIN BOTELHO
Vice President
Commercial Real Estate
Started career with Gables in 2007
SHANE POLK
Vice President Facilities Management
Started career with Gables in 2012
CORPORATE
TERESA MEUTER
Vice President
Third Party Accounting
Started career with Gables in 2018
JAMES HAMRICK
Vice President
Information Technology
Started career with Gables in 2018
WILL GOSNELL
Vice President
Internal Audit
Started career with Gables in 2000
ROB RECTOR
Vice President
Training and Development
Started career with Gables in 2001
JUN LEE
Vice President
Revenue Management
Started career with Gables in 2021
To read our Leadership Bios scan the QR Code:
NATIONAL OPERATIONS LEADERSHIP
Jennifer Rush Regional Manager DC Metro
Cherish Medawar Regional Manager DC Metro
Shawn Whitworth Regional Manager Boston
Asha Patel Pricing Manager Dallas Stacey Valdez Pricing Manager Austin Rachel Lee Sr. Real Estate Analyst Atlanta Kristin Smialek Client Services Atlanta Rebecca Slater Regional Manager Houston Renee Clark Sr Regional Manager Austin Julia Small Regional Manager Dallas Tiffany Roland Regional Manager Dallas/Houston Jennifer Hill Regional Manager Dallas Michael Proctor Regional Manager Atlanta Kristin Roberts Regional Manager Atlanta Sabrina Taylor Regional Manager Denver/CA Paul Pulawski Revenue Mgt Analyst Dallas Stacey Abure Real Estate Analyst Atlanta Ryan McCarry District Manager North Florida Yvette Tillman Regional Manager South Florida Amanda James Sr Regional Manager South Florida Donna Summers President of Gables Management Company Mary Hollands Senior Vice President Third Party Operations Shelly Coulter VP Operations Dallas/Houston/Arizona Jean Anton VP Operations Atlanta/North Florida Tim Hutchinson VP Operations DC/Boston Jun Lee Director Revenue Management DallasAnna Frenzel VP Operations Denver/California Greg Gasior Senior Vice President Operations - East Melanie Trapnell Senior Vice President Operations - West