Overview

Club at Lake Jackson, Tallahassee, FL - 120 Units

Since 1983 Gannon has been involved in over $1 billion in investment real estate transactions, or thirty-five Multi-Family communities totaling 9,102 units.

Historically the majority of acquisitions have been concentrated in Florida and Missouri. Missouri assets are stable, cash flowing assets. Florida, being more volatile, is a value add market.

Gannon is conservative in its use of leverage, careful not to exceed an 80 percent loan-to-value ratio. With the current turmoil in the debt market, future acquisitions will likely require a greater capital contribution.