Hughes Development Company, Inc (HDCO) and its management affiliate, Universal Management, Inc. (UMI) has demonstrated its ability to perform in all areas of real estate development and property management, by successfully managing and developing an extremely varied portfolio. Our portfolio has included scattered site public housing, Section 42, Section 8, Section 236, Section 202/Elderly, conventional, condominium communities, mobile home parks, commercial retail as well as industrial construction management.
Since 1966, the Company’s long and varied experience in the real estate market makes us uniquely qualified for acquisition, ownership, development and redevelopment of multi-family apartments. We possess specific experience in the successful management of affordable housing under the very rigid compliance guidelines of both HUD and State agencies.
We believe strongly that the standards and quality of service we provide to our residents is not related to the amount of rent that residents pay. The residents are our customers and it is our responsibility to be responsive and professional at all times. We task our staff with this strong, basic, understanding of the courteous professionalism we expect from each of our employees.
Universal Management and our other real estate affiliates, HDC Consulting Group, an appraisal company and the Metro Group Real Estate LLC, a retail brokerage firm, encompass a full range of real estate services for our clients. While we possess a very long and successful history of professional residential management, the Company also has strong experience in the areas of commercial management, development, acquisition and relocation, appraisal and consulting.
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