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<p>1st Lake Properties employs a comprehensive approach to multifamily development through its own architectural, construction, and property management companies. From selecting desirable locations around the New Orleans area, to building with high-quality construction materials, 1st Lake Properties ensures complete control over all phases of design, development, operation, and maintenance.</p> <p>Specializing in higher quality properties in Louisiana and Mississippi, 1st Lake Properties multifamily communities are operated under the 1st Lake Properties management division.</p> <p>1st Lake Properties, Inc. ("1st Lake") is the property management affiliate. At 1st Lake, our first and foremost goal is: "To provide an ideal living experience for our residents through exceptional customer service and a commitment to the highest standards of quality".</p> <p>With this approach, 1st Lake has become synonymous with premier apartment living earning a reputation as the leader in multifamily communities in the New Orleans market.</p> <p>1st Lake employs approximately 275 people to oversee the daily activities associated with property management. Most of its on-site apartment managers are Certified Apartment Managers (CAM), or candidates currently pursuing this National Apartment Association designation.</p> <p>In addition to its on-site personnel, 1st Lake has a Property Supervisor and a staff of maintenance personnel possessing expertise in every aspect of property maintenance. Twenty-four hour maintenance is available for emergencies.</p> <p>1st Lake Corporates, Inc. is the corporate housing division specializing in temporary, furnished apartments for extended stays of 90 days or more. Our corporate housing division will assist in locating the corporate residence or short term housing that will fit the needs of the client.</p> <p><span class="subheadline">Who We Are</span><br /> 1st Lake Properties, Inc. and its affiliated companies are the largest developer and manager of multifamily communities in the state of Louisiana. Since our inception in 1970, we have designed, developed, acquired, and managed over 8,500 apartment units, as well as a number of suburban office buildings, neighborhood retail centers, warehouses, and self-storage projects. We have recently purchased apartment properties in Baton Rouge, Slidell, and Mandeville Louisiana, and in Ridgeland (Jackson) and Picayune, Mississippi, and plan to expand throughout the Gulf South. We are a complete real estate development company with our own architectural, construction, and property management companies, and we utilize a comprehensive approach towards multifamily development which ensures complete control over all phases of design, development, operation, management, and maintenance.</p> <p>Specializing in higher quality properties around the New Orleans, Baton Rouge and Jackson, Mississippi areas, 1st Lake Properties residential communities are characterized by:<br /> • Thoughtful site selection.<br /> • Meticulous construction supervision.<br /> • Unique design.<br /> • Lavish landscaping.<br /> • Superior amenities.<br /> • Stellar property maintenance<br /> • Exceptional resident service.</p> <p><span class="subheadline">We’re Big Enough – But Not Too Big</span><br /> With 61 properties in our portfolio, we’re the largest developer and manager of apartment communities in Louisiana, with the experience and resources to exceed your expectations. Most of our apartment properties are located right here in suburban New Orleans, so you can rest assured that we’re here every day – taking care of the small details that make living in the New Orleans area wonderful and unique.</p> <p><span class="subheadline">We Live Here Too</span><br /> Managing and maintaining a large real estate portfolio requires a great deal of time, attention to detail and hard work. Even the most obvious details can be easily overlooked, especially if your properties are spread out over wide areas. We live and work in the New Orleans area near our apartment properties. You can count on our long-term commitment. We are here to stay.</p> <p><span class="subheadline">We Build What We Lease</span><br /> The overwhelming majority of our properties were designed by us, and built under our direct supervision. We build and maintain our properties to the very highest standards, because we don't sell them. We know we will own them indefinitely. As a result, we understand our properties from the ground up, as only the original builder can.</p> <p><span class="subheadline">We’re Professionals</span><br /> We’re proud to be members of the Chamber, the National Apartment Association, the Apartment Association of Greater New Orleans, Inc., the Multi-Family Council of Greater New Orleans and the National Association of Homebuilders. All of our General Managers hold the Certified Apartment Manager or Certified Apartment Property Supervisor designation from the National Apartment Association. Our principals have all held leadership positions in these industry organizations through two generations of participation.</p> <p><span class="subheadline">Commercial Property</span><br /> In addition to its main business – the development and management of apartments – 1st Lake’s affiliate companies, including <a href="http://www.preferredrealtyinc.net/">Preferred Realty Inc.,</a> develop and manage commercial, office, and self storage properties around the New Orleans area.</p>
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