Advantage Properties, Inc. specializes in identifying, acquiring and overseeing the management of multi-family income-producing real estate in Maryland, Virginia and the District of Columbia. Our nimble, personalized and intensely entrepreneurial approach, based on decades of collective experience, allows us to move efficiently and intelligently to capitalize on new opportunities and to manage each of our investments with care. But what sets us apart is our unwavering belief in the immeasurable value of honesty and integrity in everything we do and touch, be it buyer/seller, partner, investor, lender or owner/tenant relations.
Alexander J. Gross and Aaron J. Singer are the principals of Advantage Properties. We continue with great pride in and appreciation of the legacy of Michael B. Gross, the founder and chairman emeritus of Advantage Properties. Michael, with his partner, Douglas Margerum of Cove Property Management LLC, together with their affiliates, have maintained controlling interests in 37 properties and over 5,200 units since 1985.
Today, the principals of Advantage Properties, Cove and their affiliates currently maintain controlling interests in entities that own more than 1,600 multi-family apartment units in 12 properties in Maryland and Georgia having an aggregate value exceeding $300MM. Alex and Aaron continue to work closely with their investment partners at Cove, including Doug Margerum and his son, Stephen Margerum, an industry veteran of more than 15 years, to manage existing assets and to identify properties ripe for repositioning within the marketplace, in all cases searching for opportunities to generate increased cash flow and to enhance value through improved property and financial management.