Since the beginning, GMC has approached the purchasing and management of multifamily properties as a business, not just an investment tool. We view every property we purchase as an income producing business that must stand on its own financially. Every purchase we make as a company is based on actual cash flow, the ability of the property to contribute to the company’s asset base and excellent cash on cash return.
GMC’s vision is long-term. We believe in investment, not speculation. We make our purchases based on sound financial analysis and thorough market research. Our long-term, patient approach to the multifamily real estate market has rewarded us in the past and we feel this approach will continue to serve us well into future. Using our purchasing strategy, we have been able to continually purchase communities well below their appraised value, allowing us to provide annual dividends of between 8-15% and overall annual returns of 20-40%