
The
Longwell company was launched in 1992 with a vision to pursuits long term apartment; investment and create and manage superior living environment that exceeds the expectations and enhance quality of life; we are long-term investors and currently have properties in our portfolio that we have owned for as long as seven years; the average ownership period of our existing portfolio is over three years; Therefore, we take a long-term viewpoint to our investments, relying less on what we see today and more on what we anticipate in the future; This is a keystone of our investment philosophy that enters into most purchase decisions.
Fundamentally,
our view of the location and its future, the quality (including design,
construction, & maintenance) of the improvements to the
property,
and the internal rate of return (IRR) generated over a considerable
period of time forms the basis of our investment decisions.
Longwell Company prides itself on the care with which it manages
and maintains its properties. Our intensive management
philosophy
allows us to focus on the operation and maintenance of all of our
properties. Our long-term ownership and management strategy
assures
our tenants and residents that our properties will be maintained to the
highest standards.
Our sale/refinancing decisions are made as the result of in-depth
study and after review of a comprehensive computerized IRR
analysis.
We make our own decisions based on the facts as we assemble them, and
as we interpret our plans for the operation of the property.
We have
successfully sold and refinanced properties in the past years, and will
continue to be successful in the sales and/or refinancing of our
properties in the future.