Fogelman Through the Decades
In 1963, the Fogelman family embarks on the construction and lease-up of their first apartment community, the 11-story “Woodmont Towers” in Memphis, Tenn. Following the success of Woodmont, the company continues to expand its local apartment portfolio throughout the 1960s.
Fogelman expands into new markets, including North Carolina and Texas in the 1970s. Fogelman also becomes the largest landlord in its hometown, Memphis.
Ground-up Multifamily Development
Building new apartments becomes Fogelman’s growth engine during the 1980s. The company develops more than 10,000 apartment homes across six states in the Southeast and Midwest. In 1989, Builder Magazine ranks Fogelman as one of the nation’s top 10 builders of multifamily properties.
Expansion into Fee Management
Fogelman begins offering its property management services to third-party property owners, including pension fund advisors, life insurance companies and private investment groups — many of whom have been Fogelman clients for the past 20+ years!
Joint Venture Investment Program Kicks Off
Fogelman kicks off its joint venture investment platform in 2002, starting with the acquisition of a $51.9 million multifamily portfolio. Since then, Fogelman’s joint venture investment program has acquired more than 90 multifamily assets.
Expansion of Corporate Platform
To further enhance its core competencies in property management and investments, Fogelman expands its corporate platform to include the latest expertise in asset management, construction management, asset redevelopment, digital marketing and property technology.
Fogelman reaches a major milestone with more than 100 assets and 30,000 apartment homes under management while earning top accolades, including being recognized among Newsweek's Top 100 Most Loved Workplaces and securing the title of “#1 Best Places to Work in Multifamily.
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