Liberty Companies

Equity Builders, Inc. is a general contracting firm founded in 1982 as a subsidiary of Liberty Group, Inc. of Portland, Maine. Kirk M. Rogers, Vice President, manages the daily operations. Additional staff includes Katherine A. Joy, Office Manager, and various Site Superintendents, clerical and accounting personnel.

Equity Builders has successfully completed more than $60 Million in new construction projects, with the majority of properties located in the eastern United States, including approximately thirty (30) RRH 515 housing projects, shopping centers, retail stores and restaurants, as well as numerous other residential and commercial construction and rehabilitation projects.

Over the past ten years, Equity Builders’ primary focus has been the rehabilitation and new construction of multifamily housing projects associated with tax exempt bond financing, the Section 8 Housing Program and the Low Income Housing Tax Credit Program. Equity Builders has extensive experience working within the guidelines of state and local housing authorities, as well as the Department of Housing and Urban Development (HUD). Equity Builders has completed and cost certified over 30 million dollars of contracts on subsidized housing properties in several states including, Maine, Connecticut, New York, New Jersey, Missouri, Oregon, Texas, Georgia and Colorado.

Equity Builders prides itself on being cost effective, time sensitive and providing the highest quality work with a friendly and cooperative “can do” attitude. All of its projects have been brought in on schedule and on budget, and all have withstood the test of time in terms of building quality and materials.

To contact personnel at Equity Builders, Inc. please contact Kirk M. Rogers.

American Multifamily Management, L.L.C. (AMM), a Delaware limited liability company headquartered in Portland, Maine, is a full service property management firm, incorporated in 2006. AMM provides property management services in two (2) areas: subsidized housing management and mobile home park management.

AMM’s Subsidized Housing Division manages or asset manages all subsidized housing properties developed or acquired by Liberty Group/American Housing Preservation Corporation sponsored partnerships. The AMM portfolio encompasses over 2,400 units of State Housing Agency Financed, HUD and conventionally financed rental properties. New properties are being added to the AMM portfolio on a regular basis, including a growing number of third-party contracts. Local site management, combined with centralized operations and fully automated bookkeeping by an experienced accounting staff, contributes to AMM’s growing reputation for efficiency, quality and professionalism.

Through its professionally trained and certified staff, AMM provides expert, full service property management for rental housing units. AMM’s expertise encompasses applicable regulatory compliance with governmental agencies, lenders, investors and syndicators, marketing and tenant selection, tenant relations, community interaction, property maintenance, accounting and financial management. The majority of support site personnel have been stationed at the properties for many years, providing tenants with a sense of stability and continuity in their management agent.

Both site personnel and main office staff participate quarterly in training sessions addressing current trends and regulatory matters affecting the rental housing industry. All tenants in AMM-managed properties receive a Newsletter updating them on special events or activities planned at the properties, changes in policies or services, significant regulatory changes in federal Fair Housing or ADA laws, and other news items the help maintain open channels of communications between tenant and landlord. Each project enjoys some special recognition from the management on holidays.

Liberty Management, Inc. (LMI) is a wholly owned subsidiary of Liberty Group, Inc. of Portland, Maine and is a full service property management firm, with over 25 years of experience providing professional property management services in two (2) areas:

1. Subsidized housing management and
2. Mobile home park management.

The LMI portfolio encompasses properties financed through state housing agencies, HUD, and conventionally financed rental properties. New properties are being added to the LMI portfolio on a regular basis. Local site management, combined with centralized operations and fully automated bookkeeping by an experienced accounting staff, contributes to LMI’s growing reputation for efficiency, quality and professionalism.

Through its professionally trained and certified staff, LMI provides expert, full service property management for rental housing units. LMI’s expertise encompasses applicable regulatory compliance with governmental agencies, lenders, investors and syndicators, marketing and tenant selection, tenant relations, community interaction, property maintenance, accounting and financial management. The majority of support site personnel have been stationed at the properties for many years, providing tenants with a sense of stability and continuity in their management agent.

Both site personnel and main office staff participate quarterly in training sessions addressing current trends and regulatory matters affecting the rental housing industry. All tenants in LMI-managed properties, receive updates on special events or activities planned at the properties, changes in policies or services, significant regulatory changes in federal Fair Housing or ADA laws, and other news items that help to maintain open channels of communication between tenant and landlord.

Liberty Management, Inc. has staff in six states. The headquarters, located in downtown Portland, Maine, is home to the Directors of Management, Gail Godbout and Thomas Maxfield, along with the accounting staff and administration support. The team works closely with State Housing Agencies, including Maine State Housing and Rural Development, to insure that LMI meets all guidelines and requirements for the properties they manage.

LMI has a long history of third-party management, and is currently managing several units of non-Liberty owned properties.

Liberty Group, Inc. (LGI) is the parent corporation of a group of fully integrated real estate development and management companies with activities and investments across the United States. LGI is headquartered in Portland, Maine.

LGI’s early projects focused on residential and FmHA (RD) 515 government subsidized housing projects. Rapid growth during the 80’s soon led LGI to become one of the leading developers in commercial and residential real estate in Maine and the Northeast. LGI’s subsidiaries include Equity Builders, Inc., a full service general contracting firm and Liberty Management, Inc., specializing in subsidized housing management. LGI’s primary affiliated companies are American Housing Preservation Corporation, which is devoted to the acquisition and preservation of affordable housing and Mainland Development Co., developer of elderly and family housing complexes across the country.

Mainland Development Co., organized in 1984, is active in the acquisition, development and new construction and rehabilitation of affordable housing units. Mainland serves as a general partner in over 40 Rural Development (formerly FmHA)/Rural Rental Housing 515 elderly and family housing complexes, as well as State Housing Finance Agency and conventionally financed housing properties for families and seniors.

Mainland has also co-ventured successfully with non-profit housing sponsors who may have access to land, special funding set-asides, management or supportive service expertise, but do not have the resources to originate and see a project through to completion.

Through its parent company, Liberty Group, Inc., Mainland is affiliated with a full service construction company, Equity Builders, Inc., who serves as a General Contractor on the majority of its projects. Mainland and its affiliates offer the strongest possible team approach to creating and preserving affordable housing nationwide.

American Housing Preservation Corporation, or AHPC, has become known as an innovative leader in affordable housing preservation across the country.

AHPC believes that with workable financing, physical plant maintenance and rehabilitation, and professional and caring management, almost every project can be revitalized. Working closely with affiliated management and construction companies, AHPC seeks subsidized housing units to acquire and where necessary, rehabilitate.

Acquisition Specialists at AHPC are trained to work with HUD, State and local Housing Agency programs and regulations. The call upon leading bond underwriters, mortgage placement experts and syndicators to achieve the most favorable financing terms to deliver the best return on investment to the original development owners.

AHPC also converts distressed or struggling market-rate properties to affordable housing which meets the needs of today’s rental market.