DC-Focused Real Estate firm Launches New Corporate Structure

Mar 16, 2011, 10:00 ET from ROSS Companies

BETHESDA, Md., March 16, 2011 /PRNewswire/ -- ROSS Development and Investment, ROSS Management Services (formerly known as Realty Management Services), and ROSS Renovation and Construction (formerly known as RR Renovation and Construction), three of the most established real estate-related companies in the Washington, DC metro area will now have a vertically-integrated, full-service multifamily real estate corporate structure known as ROSS Companies.

ROSS Companies, located in Bethesda and primarily focused on multifamily real estate, specializes in acquisitions, property management, acquisitions, development, renovation, construction management, sales and marketing. Elaine De Lude, Chief Marketing Officer says the local aspect of the ROSS Companies leads to enhanced performance and response to situations as resources are easily deployed.

"The 'one-stop shop' and local expertise has attracted owners and investors to ROSS Companies and its affiliates since 1983. Working within one vertically integrated company creates operational efficiencies, assures effective communication and a single focus throughout the life cycle of the asset. It saves time and money, all while keeping many activities housed in one centralized organization," says De Lude.

In addition to the centralized structure of the organization, owners and investors also see another advantage in working with ROSS Companies: its executive team has collective experience in the Washington, DC metro area market exceeding 100 years.

"We know every detail of all of the submarkets in Washington, DC metro area and our knowledge is what gives us such an advantage over our competitors," says ROSS Companies' CFO David Miskovich. "Our owners and investors find the partnership advantageous because we can help them make the smartest investments in best real estate market in the country."

ROSS Companies, founded in 1983 in Bethesda, MD is a recognized leader in apartment acquisitions and investment, development, property management and renovation. ROSS Management Services, an affiliate of ROSS Companies, manages 34 apartment communities in and around the Washington, DC metro area.   With more than 11,000 apartment homes in its portfolio, the company is one of the most active multifamily real estate firms in the Mid-Atlantic region.  ROSS Companies is comprised of three affiliates -- ROSS Development & Investment, ROSS Management Services and ROSS Renovation & Construction.  For more information about the ROSS Companies and ROSS Management Services, visit TheRossCompanies.com.

SOURCE ROSS Companies



RELATED LINKS

http://therosscompanies.com