G & K Industries is nationally recognized for our expertise in government-related financing and operating issues. Many of our properties have involved the use of government assistance to leverage private capital in complex transactions structured to maximize benefits, ensure compliance with an intricate overlay of laws and minimize the burdens frequently associated with dealing with government agencies. In selecting sites for both conventional and subsidized housing, we choose land in economically strong neighborhoods that offer a strong potential for appreciation.

G & K Industries's two senior executives are Jona Goldrich and Warren Breslow, who have been with the company for 45 and 30 years, respectively. Sol Kest, one of the founding partners of G & K Industries, is semi-retired. Combined, these individuals own, directly or indirectly, a controlling interest in the portfolio's real estate. We employ approximately 200 individuals in our corporate office and have a total payroll of approximately 850.