ABOUT A&R COMPANIES

A&R Development Corp., part of the A&R family of companies, has developed more than $600 million in residential, commercial and mixed-use real estate projects in the mid-Atlantic region since its inception in 1977. A&R is known for its careful planning, superior design, architectural and engineering excellence, and relentless attention to detail. Areas of expertise include:

• Master Planning and Large-Scale Urban Revitalization
• Mixed Use and Commercial Properties
• Rental Residences
• For Sale Homes

The company has provided development and construction oversight services for more than 6,000 residential, senior living, and collegiate units, more than a million square feet of office, retail and community space, and thousands of structured parking spaces.

ABOUT THE HENSON DEVELOPMENT COMPANY

THE HENSON DEVELOPMENT COMPANY, INC. (THC), a 100% minority-owned business enterprise, is a fully integrated real estate developer and program manager. THC specializes in utilizing the physical facilities and properties of public housing authorities to the maximum benefit of the authority and its customers. Our services include:

• Review of all property and preparation of an analysis of various options for redevelopment of those deemed distressed;
• Total planning and implementation of complex HOPE VI and Mixed Finance developments;
• Review of major building systems;
• Management of large scale construction M/WBE goals and Section 3 compliance
• Review of all capital improvement programs;
• Review and option analysis of Mixed Finance proposals;
• Review and development and implementation of tenant self sufficiency programs

THC staff has extensive experience in managing physical development challenges. We are sensitive to the need to meld physical needs to neighborhood's, resident's and a city's needs.

THC is currently (November 2005) working on developments totaling over 2000 units of new affordable and market-rate housing in Baltimore, Washington, D.C. and Florida. Additionally, THC serves as a consultant on numerous assignments across the country.