| *Category Ranking | ||||
| Company: | Simpson Housing Solutions | |||
| Address: | 320 Golden Shore Suite 200 | |||
| City: | Long Beach | |||
| State: | CA | |||
| Zip: | 90802 | |||
| Phone: | 562 2562000 | |||
| Fax: | 562 2562002 | |||
| Email: | michael.costa@simpsonhousing.com | |||
| Website: | simpsonhousing.com | |||
| Key Executive | ||||
| 1. Name: | Michael Costa | |||
| Title: | President | |||
| 2. Name: | Robert Tetrault | |||
| Title: | SVP/CFO | |||
| 3. Name: | Thomas Erickson | |||
| Title: | SVP/Project Management | |||
| 4. Name: | Moe Mohanna | |||
| Title: | SVP/Development | |||
| *Number of Offices: | 2 | 16 | ||
| *Number of Employees: | 72 | 19 | ||
| *Gross Revenues Fiscal Year 2006: | 172.0 million | 19 | ||
| *Projected Revenues Fiscal Year 2007: | 175.0 million | 12 | ||
| Selected Areas of Specialization: | Affordable Family and Senior Apartments. | |||
| Company Overview: | One of the nations leading developers of affordable housing. Formed in March of 1994 has developed over 28,000 units of family and senior affordable housing all under the tax credit program created in 1986 known as Section 42 of the IRS codes. | |||
| *Total Portfolio Size: | 28,000 units | 13 | ||
| Number of buildings: | 272 Apartment Communities | |||
| Square Footage: | ||||
| Number of Units/Rooms: | 28,000 | |||
| *Total Value of Portfolio: | 2.5 billion | 14 | ||
| Percentage by Property Type: | ||||
| Speculative: | % | |||
| Build-to-Suit: | % | |||
| Preleased: | % | |||
| Percentage by Property Type: | ||||
| Office: | % | |||
| Industrial: | % | |||
| Retail: | % | |||
| Apartments: | 100 % | |||
| Hotels: | % | |||
| Other: | % | |||
| (Please specify) | ||||
| Percentage by Geographic Area: | ||||
| Northeast: | 0 % | |||
| Southeast: | 10 % | |||
| Midwest: | 15 % | |||
| Southwest: | 25 % | |||
| West: | 50 % | |||
| International: | 0 % | |||
| Total Starts in 2006: | 18 communities | |||
| Total Completions in 2006 | ||||
| Number of buildings: | 13 communities | |||
| Square Footage: | ||||
| Number of Units/Rooms: | 1500 | |||
| Total Value of Completions in 2006: | 140.0 million | |||
| Raw Score: | 93 |
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Spotlight
Simpson Housing Solutions
Michael Costa
President
2006 Gross Revenues: $ 172.0 million
2007 Projected Revenues: $175.0 million
Total Portfolio Size: 28,000 units
Total Value of Portfolio: $ 2.5 billion
Number of Offices: 2
Number of Employees: 72
Michael Costa
President
2006 Gross Revenues: $ 172.0 million
2007 Projected Revenues: $175.0 million
Total Portfolio Size: 28,000 units
Total Value of Portfolio: $ 2.5 billion
Number of Offices: 2
Number of Employees: 72
Contact Information
| Address | 320 Golden Shore Suite 200 |
| City | Long Beach |
| State | CA |
| Zip | 90802 |
| Phone | 562 2562000 |
| michael.costa@simpsonhousing.com | |
| Fax | 562 2562002 |
| Web | simpsonhousing.com |