Southern Management Companies
FormerlyCentral Management
TypePrivate
IndustryProperty management
Founded1965 (1965) in Vienna, Virginia, United States
Founders
  • David Hillman
Headquarters
McLean, Virginia
,
United States
Key people
Suzanne D. Hillman, CEO Gabrielle Duvall, President
Websitewww.southernmanagement.com

Southern Management Companies is a privately owned[1] property management company in the Mid-Atlantic United States.[2][3][4][5]

The company owns more than 25,000 apartment units[6] across 76 properties, three hotels,[7] and 1 million square feet in commercial space[8] in the Baltimore/DC area and a ski resort, hotel, and conference center, Bear Creek,[9] in Macungie, Pennsylvania.[10]

History

The company (originally Central Management) was founded by David Hillman in 1965,[11][12] when he purchased his first multifamily community, Lakeside North, in Prince George's County, Maryland.[13] The corporate headquarters is located in Vienna, Virginia,[14] with a secondary corporate office located in College Park, Maryland.[2]

While the company is primarily known for acquiring and improving existing apartment communities, they have also been involved in development projects[15] such as The Hotel at the University of Maryland located in College Park, Maryland[16][17] and the Arundel,[18] an apartment community located in Hanover, Maryland, both of which opened in 2017. In 2018, they built and franchised[19] the Cambria Hotel in College park.[20] They have also completed several rehabs of historic buildings in downtown Baltimore such as the Standard Oil Building (The Standard at Preston Gardens), The Baltimore Gas and Electric Company Building (39 West Lexington), and The Atrium.

In 2016, Southern Management received recognition from the Malcolm Baldrige National Quality Award for Performance Excellence for their best practices in the workforce category.[21][22]

In December 2017, David Hillman nominated his wife, Suzanne Hillman, CEO of Southern Management.[11][12] Suzanne was hired in 1975 as an accountant for Southern Management and later took on additional roles. Prior to her change in title, she had been an officer and CFO of the company for over thirty years.[23]

Southern Management Leadership Program

The Southern Management Leadership Program (formerly the Hillman Entrepreneurs Program) serves to develop local community leaders through a scholarship and intensive mentoring program at Prince George's Community College, Montgomery College and the University of Maryland, College Park. Students complete their associate's degree at Prince George's Community College or Montgomery College and transfer as a cohort to complete their undergraduate education at the University of Maryland, College Park. When they graduate, they continue to stay connected through professional relationships and lifelong friendships.[24]

The program was founded by David Hillman, Suzanne Hillman (the current President and CEO of Southern Management Corporation) and the Hillman Family, as a way to enrich the education of students in Prince George's and Montgomery Counties. These communities are where Southern Management got its start more than 50 years ago, and where the company's deep roots have stood firm ever since. The mission of the Southern Management Leadership Program is to develop strong leaders, who will use their educations and experiences to make positive and lasting impacts in their hometowns.[25]

The Southern Management Leadership Program benefits the students in many ways – providing financial, academic and professional assistance. Scholarships for Southern Management Leaders account for 55% of tuition at either Montgomery College or Prince George's Community College and up to 50% tuition at the University of Maryland. The students are also eligible to receive additional funds for books and other required technology and benefit from one-on-one advising and mentoring from dedicated Program Directors at each of the three schools.

References

  1. ↑ "The Hotel at the University of Maryland opens Friday after two years of construction". Arc Publishing. Retrieved 2018-10-30.
  2. 1 2 "Southern Management Companies". Hospitality Online. Retrieved 2018-10-26.
  3. ↑ "Southern Management Corp - Company Profile and News - Bloomberg Markets". Bloomberg.com. Retrieved 2020-10-20.
  4. ↑ "Southern Management Unveils Comprehensive Program to Safely Hold Events at The Hotel at the University of Maryland". Southern Management Companies.
  5. ↑ "Southern Management Companies". Maryland Government.
  6. ↑ "2016 NMHC 50" (PDF). National Multifamily Housing Council. Retrieved 26 October 2018.
  7. ↑ "Hotels & Conference Centers | Southern Management". Southern Management. Retrieved 2018-10-26.
  8. ↑ "Southern Management CEO David Hillman Dies At 75". www.bisnow.com. Retrieved 2018-10-30.
  9. ↑ "CAN BRAC COME OUT TO PLAY?". www.bisnow.com. Retrieved 2018-10-30.
  10. ↑ "About Us | Southern Management". Southern Management. Retrieved 2018-10-26.
  11. 1 2 Gantz, Jessica Anderson, Sarah. "David Hillman, CEO of Southern Management Corp. and Baltimore-area developer". baltimoresun.com. Retrieved 2018-10-26.{{cite news}}: CS1 maint: multiple names: authors list (link)
  12. 1 2 "David Hillman left his mark on Baltimore's real estate landscape". www.bizjournals.com. Retrieved 2018-10-26.
  13. ↑ "Town of Berwyn Heights Meeting Minutes" (PDF). Berwyn Heights, MD. Retrieved 26 October 2018.
  14. ↑ "Company Overview of Southern Management Companies". Bloomberg. Retrieved 26 October 2018.
  15. ↑ "Southern Management to Build Hotel at Metro Centre". www.bisnow.com. Retrieved 2018-10-30.
  16. ↑ "Opening Of $180M Hotel An 'Incredibly Important Moment' For College Park's Transformation". www.bisnow.com. Retrieved 2018-10-30.
  17. ↑ "Another hotel is the latest project in the plans to revitalize College Park". Washington Post. Retrieved 2018-10-30.
  18. ↑ "15-story luxury apartment building at Arundel Preserve to open this summer". www.bizjournals.com. Retrieved 2018-10-26.
  19. ↑ "Cambria Hotels Opens in College Park, Maryland". TravelPulse. Retrieved 2018-10-30.
  20. ↑ "The Cambria Hotel in College Park is open for business". Arc Publishing. Retrieved 2018-10-30.
  21. ↑ Swenson, Gayle (2016-11-17). "Four U.S. Organizations Receive Nation's Highest Honor for Performance Excellence". NIST. Retrieved 2018-10-26.
  22. ↑ "U.S. DOC's Baldrige Program Recognizes SMC | Southern Management". Southern Management. Retrieved 2018-10-26.
  23. ↑ "Suzanne D. Hillman Named CEO | Southern Management". Southern Management. Retrieved 2018-10-26.
  24. ↑ "Origin and Founders". Southern Management Leadership Program. 2017-08-01. Retrieved 2021-07-28.
  25. ↑ "Southern Management Leadership Program". Southern Management Leadership Program. Retrieved 2021-07-28.
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