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7. Colony Park Apartments 68 Units Eastland, TX -'X°O 4 <br />8. Wa(nutHili Apartments 24 Units, Baird, TX 7-c`'4 <br />9. Crestmoor Park West Apts, 60 Units, Burleson,TX 7-00 4, <br />W. Joseph Chamy <br />pne 2 <br />Ownership implied ultimate responslbillty for the management of these <br />propeities. It also implies asset management, responsiveness to Rural <br />Devalopmant, Conventional Lenders, the Limited Partners, aiid <br />compliance monitoring to Texas Department of Housing aiid Community <br />Affairs. <br />Through Compass Point Dcvoiopment Campany. Inc., a Texas chartei-ed <br />Corporation, the abovs were constructed wfth Compass Poittt seiving as <br />general contracEor; since 1984, Prior expecience inclttding building over <br />60 houses ranging in size fibm 1350 s.f. to ovcr 5,000 s.f. Commerciai <br />davelopment included construcfion of a small strip center and expansiorâ–º <br />of aa existing one as well as construction of our office building. <br />Va(crest Invesfinents, Inc. a TexRS Chartered Corporation, incorporated on <br />June 13, 1995, has functioned as the Developer Entity and has in some <br />instances functioned in the dual capacity of Owner/Developer. <br />SumTex Partners. Inc., and WJC Iavestments. Inc, incoipot-ated in Texas, <br />function as the General Parinar Entity. <br />J A C. inc. dba IttteAt'a-Peak Mana ement, a wholly owned company, <br />administers day to day operafions of the complexes and fee manages for <br />outside clients as well. Extensive managcment experience in multi-family <br />area, particularly Section 42 properties compliance and innnitoring. Real <br />Estate Broksi-age involved the saEe of scveraf fat•ge scaie properties to <br />nationwide investors. Represented John Hancock, Meunpolitan Lifo and <br />seveial privata seli8is. 1Vegoiiated sale of in excess of 3,000 apartment <br />units in 1971 through 1976. <br />Education: University af Florida, 1964 <br />B.S. Electrical Engineering <br />B.S. Mathematics <br />f' ~ /1 1 <br />Southern Mcthodist University <br />M.S. Engincering AdministrAtion <br />