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FOURMIDABLE Assumes Management Of 395 Multi-Family Apartments In Ohio

Nov 16, 2017

FOURMIDABLE, a diversified, national real estate management company that specializes in managing affordable, public housing, senior, market rate, tax credit and condominium communities, has expanded into Ohio.

FOURMIDABLE has been designated as the managing agent for five multi-family Section 8, tax credit and public housing communities in Ohio consisting of 395 apartments, which expands the firm's national portfolio to 13 states. The new communities include:

Fairborn Apartments, a 177-unit apartment community, consisting of two-bedroom apartments in Fairborn.

Pendleton Apartments, a 78-unit apartment community, consisting of one to four-bedroom apartments in Cincinnati.

Oakwood Apartments, a 65-unit community, consisting of three and four-bedroom apartments in Milford.

“We currently manage the Miami Hills community in South Bend, Indiana for the ownership group that owns these Ohio communities. We could not be more pleased to continue our ongoing partnership with them, as we continue to grow together,” said FOURMIDABLE President Michael Schocker. “The owners are committed to the improvement of these Ohio properties and the residents they serve, which aligns with our company's Mission Statement.

“We are equally excited to begin a new partnership with Youngstown Metropolitan Housing Authority,” stated Schocker. “The communities have dual layered programs and are subject to public housing and low income housing tax credit requirements.” The Youngstown communities are:

Arlington Heights I, a 46-unit family development consisting of one, two and three-bedroom homes.

Arlington Heights II, comprised of 29 single family, three-bedroom rental homes in various locations.

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