Business Details
44 Years
experience
Expert Property Management Services in the Southeast
Southern Development Management has been a trusted leader in property management since 1982, specializing in conventional and affordable housing communities across the Southeast. Our team of 150 professionals, including certified experts with decades of experience in tax credit, Section 8, and Rural Development programs, delivers comprehensive management solutions tailored to property needs. Accredited by the Better Business Bureau and actively involved in apartment associations across seven states, we prioritize on-site team presence to maintain high standards for property owners.Our proven track record includes expanding portfolios through government and institutional referrals, implementing cost-saving strategies, and reinvesting in properties to enhance resident satisfaction and asset value. With a focus on financial management, compliance, and community engagement, we ensure properties operate efficiently while fostering comfort and convenience for residents.
Services
Property Management
Affordable Housing Management
Conventional Apartment Management
Tax Credit Management
Section 8 Compliance
Rural Development Programs
Financial Reporting
Vendor Management
Resident Relations
Leasing Services
Details
- Year established: 1982
Highlights and features
- We have over 40 years of experience in apartment management.
- Our team includes certified professionals in tax credit and Section 8 programs.
- We maintain a Better Business Bureau accreditation for trustworthiness.
- We serve properties across nine Southeastern states.
- Our cost-saving strategies improve property profitability and resident satisfaction.
Associations and certifications
- Better Business Bureau
Services
Property Management
We offer full-service property management for conventional and affordable housing communities. Our team handles financial reporting, compliance, vendor coordination, and resident relations to ensure efficient operations. With expertise in tax credit and Section 8 programs, we help owners maximize profitability while maintaining high resident satisfaction.
Affordable Housing Management
Specializing in affordable housing, we manage communities under federal programs like Section 8 and Rural Development. Our services include compliance oversight, rent collection, and resident support to ensure adherence to regulatory standards while fostering community well-being and property value.
Conventional Apartment Management
We provide tailored management for conventional apartment communities, focusing on occupancy optimization, financial reporting, and maintenance. Our strategies enhance property performance through cost-saving measures and proactive resident engagement, ensuring long-term owner returns.
Tax Credit Management
Our experts handle tax credit properties with precision, managing compliance, rent restrictions, and inspections. We ensure adherence to federal guidelines while maximizing incentives for owners, supporting sustainable property operations and resident affordability.
Section 8 Compliance
We specialize in Section 8 program compliance, including voucher processing, inspections, and HUD reporting. Our team ensures seamless adherence to regulations, minimizing risks for owners while providing stable housing solutions for residents.
People
Reese Quick
President
With over 40 years in apartment management, Reese leads SDMC's growth and strategy. A certified professional, he oversees multi-state operations and leverages industry expertise to enhance property value and resident satisfaction.
Gene Newlon
Vice-President
Gene manages conventional properties across North Carolina, Georgia, and Florida. His hands-on approach to maintenance and rehabs ensures rapid recovery from challenges like natural disasters, maintaining property standards.
Matt Brandon
CFO
As CFO, Matt oversees financial and tax reporting for SDMC's properties. With over 20 years in public accounting, he ensures compliance and fiscal health for owners and government agencies.
Ira Banks
Regional Manager
Ira specializes in affordable housing, leading executive roundtables and advising on legal and fair housing issues. He supervises properties in eastern South Carolina with a focus on community engagement.
Phillip Crocker
Regional Manager
Phillip manages conventional and tax credit properties in South Carolina. He processes budget requests and rent increases, ensuring financial compliance and operational efficiency for property owners.
Questions
What types of properties does SDMC manage?
We manage conventional apartments and affordable housing communities, including Section 8, Tax Credit, and Rural Development properties across the Southeast.
In which states do you operate?
We serve properties in Connecticut, Florida, Georgia, South Carolina, Tennessee, North Carolina, Virginia, Alabama, and Mississippi.
How long has SDMC been in business?
We were founded in 1982 and have over 40 years of experience in property management.
What certifications do your team members hold?
Our team includes certified professionals like CPM, NAHP-E, and CPA designations, ensuring expertise in compliance and financial management.
How do you handle property emergencies?
We focus on proactive management but coordinate rapid response for emergencies through on-site teams and vendor partnerships.
