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Henry S. Miller Realty Management, LLC Experiences Impressive Growth in Multi-Family Management Division

DALLAS, TX - April 29, 2009 -- Henry S. Miller Realty Management, LLC, a division of the Henry S. Miller Brokerage, LLC entity, has recently experienced significant growth in their Multi-Family Management group. Throughout last year, the Multi-family Management Division progressively gained strength within their apartment portfolio, increasing from approximately 7,100 units at the end of 2007 to approximately 10,000 units at the end of 2008. During the fourth quarter of 2008 the Multi-Family Division began integrating a nine-property, 2,800 unit apartment portfolio located in Houston, Texas. The privately owned, class A properties increased Henry S. Miller Realty Management’s apartment portfolio in Houston to 16 properties and almost 5,000 units. Since early 2009, the HSM Apartment division has added three additional properties through existing clients and has additional growth projected through current and new clients. The group’s vision is to grow the small to mid-size property management company through quality people and clients. According to Loyal Proffitt, Executive Vice President, there is a niche for high quality, high service oriented management companies in the multi-family industry. “Size is not our objective, quality of service is. Our senior employees have managed very large portfolios in their careers and know that quality service to our employees, residents and clients is essential in for long term success.” 

Henry S. Miller Realty Management, LLC currently manages apartments throughout Texas, Florida and South Carolina with portfolios in 18 different markets and representing 10 different clients.  Recently the Multi-Family Management Division opened up a new office in the Willowchase Atrium office building at 8203 Willow Place South in Houston, Texas. “We have added a tremendous amount of professional depth particularly in our marketing, education and construction service areas,” said Loyal of the division’s dedication to manage the additional properties at the highest performance level possible. Sam Kartalis, President/COO of Henry S. Miller Realty Services, LLC, stated, “Our Board is very satisfied with what Mr. Proffitt and his team have accomplished in such a short period of time, and have given him a “green light” and the support he needs to continue to expand our Multi-Family services as planned. Along with our commercial properties, we are now managing and leasing over twelve million square feet of combined commercial and multi-family properties.”

Dallas-based Henry S. Miller Brokerage, LLC is Texas’ largest independent full service commercial real estate firm, with six offices in Texas along with offices in Florida and Kansas City. Established in 1914, it is one of the oldest and most respected companies in Texas and has gained a reputation for service and integrity that is unequaled in the industry. Henry S. Miller Brokerage is a member of Realty Resources Network, one of the largest affiliations of commercial real estate firms in the nation.  Visit HSMC online for more information:    www.henrysmiller.com