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Founded in 1920, Kohner Properties has been managing multi-family
real estate for more than 75 years. A privately-owned firm
throughout its history, Kohner has demonstrated steady growth
over the last 15 years.
Kohner Properties is family-owned, and all its properties
are owned by Kohner with no partners, no joint venture entities,
and no limited partners involved. Just one benefit of this
lean ownership structure is an unusual level of operational
and financial flexibility.
Over the years Kohner has built long-term preferential relationships
with banking institutions, including super regional money
centers with global market reach and capital market capabilities.
These institutions view Kohner as unique in the industry because
of the size and the stability of its income stream and the
sophistication of its operations, accounting, and information
systems. The preponderance of Kohner's long-term debt is nonrecourse
with fixed interest rates. All long-term debt has been rated,
placed in conduits, and securitized in reliable capital markets.
Kohner's debt on its holdings is only a fraction of the market
value or the replacement costs of the properties.
The company employs more than 300 people, including top notch
professionals in development, management, human resources,
finance, construction, and maintenance. Kohner recruits, trains,
motivates, and retains the best people available by providing
rewarding long term career paths for all employees.
Kohner's long term commitment to the communities
it serves builds lasting relationships and has made Kohner
a sought after developer and manager by municipalities in
eight states.
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