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After 60 years in the multi-family housing investment and management business, Samuel Geltman & Companyis winding down its affairs after completing the sale of all of its real estate assets.

Our management philosophy has focused on providing our residents with attractive and meticulously maintained apartments and common areas and responding to their needs with prompt, efficient and respectful service. We thank them all for their patronage and trust over the years.

Our investment philosophy, one of long-term holding, has focused on operations, including value-add renovations, designed to result in significant appreciation in the value of our real estate portfolio. We extend our heartfelt gratitude to all of our investors who have, for many years, trusted us to acquire, manage, direct and grow their initial investments into significant returns of capital realized both during our term of management and upon the sale of our assets.

Finally, we dearly appreciate and thank all of our employees over the years, without whom we would not have been able to realize the management and investment goals we set for the Company’s real estate assets. Their dedication and contributions were essential and meaningful on so many levels.

We wish all of you good health and happiness in the years to come.

Samuel Geltman & Company