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Preservation Management, Inc. assumes management of three Northland Enterprises, LLC properties

August 1, 2012

South Portland – David T. Flanagan, CEO of Preservation Management, Inc. (PMI) announced today that PMI will now be managing three properties for Northland Enterprises, LLC, a Portland, Maine based real estate company.

Flanagan said, “We are very excited to be adding these new properties in our home state to our portfolio, and look forward to a collaborative relationship with Northland in their management for the benefit of both owners and residents.”

The three properties totaling ­­­84 units are located in Maine and will be part of our Southern New England portfolio. Appleton Gardens Apartments, a 26 unit Tax Credit property is located in Westbrook, Maine, Berry Park Apartments, a 36 unit Section 8 property is located in Biddeford, Maine and The Grant House, a 22 unit Section 8, elderly/disabled property is located in South Berwick, Maine.

Preservation Management, Inc., headquartered in South Portland, Maine, is a comprehensive, full service residential property management firm, specializing in affordable residential multifamily, subsidized and tax credit properties. PMI’s portfolio includes more than 90 properties, consisting of over 9,000 units in 15 states.