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08-01-2022 WS
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8/17/2022 9:40:10 AM
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MV City Council
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Packets
Date
8/1/2022
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DEVELOPMENT | MANAGEMENT | CONSTRUCTION | INVESTMENT <br />PO Box 90708, Camden, NJ 08101 <br />856 596 0500 | www.TMO.com <br />INFORMATION SHEET <br />The Michaels Organization <br />ABOUT US <br />THE WORLD IS A BETTER PLACE TO LIVE <br />WHEREVER WE BUILD AND MANAGE IT <br />The Michaels Organization has been creating a legacy for <br />more than four decades that can be summed up in one <br />powerful phrase: “The World is a Better Place to Live Wherever <br />we Build and Manage it.” <br />At Michaels, we are continually striving toward a better <br />future for our residents, the communities where they live, our <br />partners, and our team. Through the years, our organization <br />has grown and thrived and led innovation in every sector of <br />residential real estate, but one thing has remained constant: <br />our commitment to crafting development solutions for our <br />partners and our dedication to creating communities that lift <br />lives. <br />BROAD-BASED CAPABILITIES <br />Michaels as the premier owner, operator and developer <br />of multifamily housing in the country. We are the only <br />national developer, owner and operator--private or <br />public--who can truly solve all of a cities’ housing needs. <br />From deep subsidy public housing, tax credit, workforce, <br />student and high-end market, we do it all. <br />NATIONAL STRENGTH, LOCAL EXPERTISE <br />We provide the strength and resources of a national firm, <br />but are deeply rooted in each of the communities where we <br />develop, own and manage housing. Our first priority is our <br />residents and maintaining exceptional communities that <br />stand the test of time. <br />FINANCIAL RESOURCES <br />Our financial stewardship, strong balance sheet, excellent <br />relationships with both debt and equity providers, and the <br />flexibility to work with a variety of funding mechanisms allow <br />us to determine the best financial approach for our partners’ <br />specific needs.
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