37th Parallel Properties - October 2017

Inside

1

The Inc. 5000 List, Two Years in a Row

October 2017

2

Private Real Estate Values Resilient Don Duncan

3

Physical Vacancy vs. Economic Vacancy

Multifamily Lending

4

The Acropolis of Athens: Tips for Your Trip Back in Time

Joining An Exclusive List

Have a Passion for What You Do

we weren’t going to push water uphill and we weren’t going to try to fit a square peg in a round hole. Instead, we created a culture, and we invited exceptional like-minded people to join us. Whether it’s working nights, weekends, or traveling far distances, this group is up for anything. Work around here simply gets done on time and in a highly professional manner. Our 37th Parallel family isn’t just made up of our employees. It’s also made up of you, our investors. One of the biggest reasons we have a qualifying process (the approved investor process) is so that we can match up with like- minded individuals. As long-term holders of cash-producing multifamily assets, we want to perform for people who understand our process and share in our philosophy. Creating this alignment makes for high-quality connections and avoids working with people who are a psychographic mismatch for what we do. I can promise you we won’t lose sight of our “secret formula,” and we look forward to meeting your investment needs in the near and long term. Thank you for being part of the 37th Parallel family. Always Feel Gratitude

Too often in life when you work for money, your work loses its meaning and can often become drudgery. However, when you work for passion and purpose your work has meaning and you can’t wait to get out of bed each morning to do what you love to do. Our goal is to provide steady yield and equity growth to our investors all while providing a clean, safe place for our residents.

There are roughly 30 million companies in the United States employing well over one-hundred million people. These companies make up the lifeblood of the U.S. economy. There is an exclusive club that each and every one of those companies wants to join. That club is the Inc. 5000 list of fastest growing companies. It’s quite prestigious to make that list as less than 0.02% of companies will qualify. As hard as it is to make that list, it’s even harder to make it a second time. Only one in three companies are able to do so - that’s 0.007% of all companies in the U.S. Nevertheless, 37th Parallel Properties has done just that. We are both humbled and honored to have reached that milestone two years in a row. I often get asked about the secret of our success. I’ve said it before and I’ll say it again: There is no secret. It all comes down to good planning, specialized knowledge, and hard work. What I can tell anyone looking to build a company like 37th Parallel is to look for a winning combination of ingredients that can fuel your success.

Solve a Problem

When serving others, it is important to put their needs and wants above all else. Our clients are looking for stable streams of passive income and equity growth so that they can have peace of mind and maximize their time doing the truly important things in life.

Insist on Excellence

Anything worth doing is worth doing right. That childhood lesson has transformed into a mantra for this company. This isn’t something that we kinda sorta do. This is our calling, and we’ve made it our mission to be exceptional at it. We want nothing less than to be the best educators, communicators, investors, and asset managers that we can be. Passion fuels performance as the two go hand in hand.

Surround Yourself With Great People

– Chad Doty

Our staff is nothing less than phenomenal. In fact, they are less like employees than they are like family. Dan and I decided long ago that

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