MANSERMAR, INC.
DULUTH, GA

Mansermar, Inc. was established in 1982 and Mid-America, Inc. was established in 1978. We specialize in managing multifamily housing with an emphasis on low and moderate income housing for the elderly and mobility impaired. We take a vested interest in each of the communities we serve as a result of the length of tenure in these locations and proudly offer quality affordable housing in each of these areas as it works together with the local community to provide other services to our residents as well. We maintain a high professional standard in the management of each facility. Our philosophy embodies the ‘brick and mortar’ aspect of efficient management, but also goes beyond that and incorporates a sensitivity to meeting the needs of each resident in terms of health, social and recreational activities and community involvement. Mansermar, Inc. and Mid-America, Inc. are committed to efficient, effective management that will meet the needs of owners, lenders, government agencies, and residents. In order to maintain this high standard, a project manager is key to a successfully operated complex. We use a professional local business as the project manager specializing in housing management procedures to ensure our high standards are met. Each community is staffed with personnel according to its needs. Additionally, each site manager is required to become involved with the local community to bring in volunteers and local agencies to assist residents and provide additional services and activities for our residents. Mansermar, Inc. and Mid-America, Inc. provide financial management and controls which meet the needs of the owners and requirements of the U.S. Department of Housing and Urban Development, state housing credit agencies, contract administrators, investors, and lenders. This includes the short and long-range budgeting and financial planning, day-to-day bookkeeping functions, and the preparation and filing of appropriate reports with owners, companies and government agencies. Our corporate office supervises Managers who operate each Site Based Management office. Mansermar’s Asset Managers oversee the complete operation, review monthly reports, maintenance reports, day-to-day operations, and determine if additional training is needed to ensure effective productivity. We provide on-site training to all personnel which includes step by step methods of procedures, HUD requirements, LIHTC requirements, occupancy requirements, rent collection procedures, applications, verification requirements, certification and recertification requirements, and purchasing and budgeting requirements. In addition, continued training is provided through periodic meetings and development programs by our asset managers as well as on-site procedure manuals As President and CEO of Mansermar and Mid-America Apartment Management Company, she has been involved in the successful management, rehabilitation and operation of 65 multifamily housing communities for senior citizens in 14 states. She is experienced in all phases of multifamily apartment administration, property management and asset management and is well versed in the mechanics of the federal housing subsidy programs and rehabilitation of multifamily properties for senior citizens. She has been successful in the rehabilitation of existing properties financed through Low Income Housing Tax Credit (LIHTC) under HUD 221(d)4, 223F programs. She works closely with ownership, lenders, regulatory authorities, municipalities and communities to create and maintain successful developments, resulting in communities of quality, generating a fulfilling lifestyle for our residents and quality physical assets for the equity and financing providers. Prior to joining Mansermar, Ms. Leduc was a Partner in Leduc, Phillips & Associates and Faucett, Taylor and Associates, both Certified Public Accounting Firms. Kay Davis, Vice President of Mansermar, Inc., has more than 35 years’ experience in the housing industry and was formerly the Assistant Executive Director and Property Manager with the Housing Authority of the City of Northport, AL. Prior to entering real estate management, she was Vice President of Davis Ditching and Utility Construction Company. Through her work, she has become uniquely qualified in the management industry. Ms. Davis has had hands-on experience in Conventional, Section 8, Section 202 Elderly housing and Section 911 housing programs. Her experience with utility construction provided her with invaluable experience in contract negotiation and corporate management. Ms. Davis has considerable financial expertise, skills in staff organization, training and supervision, profit and loss management, budget planning, capital improvement planning and resident relations. Lynn Cassell, CPM Lynn Cassell, Director of Operations at Mansermar, Inc., has more than 35 years of multi site management experience and has managed a wide variety of real estate including Market Rate, HOME, LIHTC, Bond, Senior, Mixed Income, Project Based Section 8, Public Housing and various HUD insured programs. Lynn has been involved in major community redevelopment and capital projects and has provided guidance in several successful lease ups. Prior to joining Mansermar, Inc., Lynn served as President of Property Management at Columbia Residential and was Chief Operating Officer at the Housing Authority of the City of Atlanta. Since 1985, with Mansermar, as Vice President of Development she has been involved in development, from identifying locations, negotiating with contractors and architects, monitoring all phases of construction to the final inspection and interfacing with attorneys through the final closing. In 1995, Ms. Abernathy became involved in the asset management of multifamily housing and moved to the Human Resources Department in 2008, assuming the responsibility of administering Company Benefits, Maintaining Corporate Records and Finance. Ms. Abernathy also serves as a member of the Board of Directors of Mansermar, Inc., and Trustee of the Retirement Plan.