GORSUCH MANAGEMENT

Founded in 1957 for the purpose of managing single-family rental properties, which had been constructed by Fairfield Homes, Inc., the parent organization, Gorsuch Management has expanded their operation to specialize in the management of multifamily residential affordable housing over a 25 year timeframe.

During the period when Fairfield Homes, Inc. began developing multifamily housing on a large scale, the Gorsuch Management operation expanded to facilitate the management of the many affordable housing projects, both family and elderly, which the Company constructed.

Since that time, the management company has also grown with the addition of several multifamily conventional projects developed by Fairfield Homes. Also, Gorsuch Management has successfully obtained the management of numerous apartment projects, which are owned by other development firms.

In order to adequately service these projects, Gorsuch Management employs a qualified staff of 5 Regional Directors, approximately 41 Resident Managers, and 55 maintenance persons.

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