An essential ingredient in these successes of CNC is the successful management of the multifamily properties. CNC stresses training, expertise and experience in a variety of management areas, including property selection, market analysis, legal, tax and accounting matters, and, of the utmost importance, strong professional expertise in day-to-day management activities. CNC is unique in its total approach to real estate management by understanding how real estate investments develop from concept through construction and from financing and marketing through long-term investment. Its on-site and regional property management teams are well educated and experienced in leasing, maintenance coordination, and on-site and regional management. The management staffs are included in the decision-making processes from the very beginning of the management process. This early involvement by those ultimately responsible for leasing and managing the property are key elements to the management philosophy.

Additionally, these skilled property management professionals work closely with the experienced accounting/financial support group of CNC. Timely and accurate financial data is critical to effective and professional management. Therefore, CNC has developed a highly sophisticated accounting system using fully integrated rent rolls, income statements, balance sheets, accounts receivable and payable systems. This multi-faceted program has been developed to maximize rental income, control expenses and preserve the physical integrity of the property while offering a level of services that will attract and retain residents.

With markets consistently changing, CNC Investments, Ltd. continually monitors and evaluates each property on an individual basis. Should current market surveys and economic indicators deem it advisable, the profitable disposition of a property can be facilitated efficiently, cost effectively, and expeditiously.

Structured investments, scrupulous attention to detail and value-enhanced property management are all qualities that have contributed to the successes of CNC and their various investor entities.

CNC is dedicated to the use of real estate investments for the protection, preservation and enhancement of invested capital. Their combination of real estate expertise and multi-disciplined skills with a philosophy of “hands-on management” has produced an established group of companies with a dedication to quality, innovation, and performance which resulted in past successes and which are the foundation upon which they are building a future in real estate investment.

Mr. Chowdary “Charlie” Yalamanchili believes that the demographic and economic trends and conditions in the Sunbelt multifamily markets indicate a potential for continued growth and investment returns. This growth continues to be generated from increases in regional employment and continued high occupancy levels of multifamily properties.

Texas is both an international energy center and regional commerce center characterized by numerous businesses involved in oil/gas extraction, oil/gas field services, engineering services, wholesale trade and business services, and regional banking services.  CNC Investments’ belief in the Texas market is based upon a multifamily investment environment characterized by increasing demand, limited new supply of multifamily units, and steady job and population growth. The Bureau of Labor Statistics’ data shows that during 2007, Texas added 2,044,000 jobs, earning it first place in the country for job growth. Moreover, CNC Investments believes that the demand for multifamily housing will be positively affected by the following trends:

1. A growing percentage of renters in mid to upper income brackets whose decision to rent is a lifestyle choice rather than a financial choice;
2. A decline in home price appreciation which makes renting an attractive financial alternative to home ownership; and
3. Initial high costs of home ownership due to down payments and closing costs, coupled with the potential illiquidity of a home investment; make home ownership a less attractive housing alternative for an increasing number of people. CNC believes that these trends will offset to some extent the general trend of a decline in the growth rate of the adult population in the prime rental population of 20-35 year olds, as well as the effect of the current low interest rates for home mortgages.

CNC expects new multifamily construction to proceed relatively slowly over the next several years as it has over the past several years due to continued capital constraints for real estate investments and the reduced number of apartment developers competing in the marketplace. Because of increases in employment and population, along with the other factors cited above, CNC believes that the demand for multifamily housing will continue to be strong in the Sunbelt and will outstrip the supply of multifamily units

1. Sourcing Property
2. Contract Negotiations
3. Due Diligence
4. Property Acquisition
5. Financing
6. Property Management
7. Rehabilitations
8. Development
9. Asset Management
10. Dispositions