Overview of Landura Management Associates:
Landura Management Associates specializes in the management of apartment communities, primarily affordable housing sponsored by Rural Development of USDA, the Department of Housing and Urban Development, and various State Housing Finance Agencies.
Properties range from market rate communities, to those with reduced interest loans, to the more elaborately structured tax credit properties.
Established in 1973 with the home office in Winston-Salem, North Carolina, Landura manages 4,500 units in nine states.
Landura’s principal owner and managing general partner. Ron Midura, oversees an executive team with an average tenure of twenty years.
- Scott Alderman, President
- Marty Holbrook, Chief Operating Officer
- Randy Vanhoy, Vice President
Landura Management Associates Board of Directors:
Chairman of the Board
Stability of Landura Management Associates
Time-tested judgment, innovation, and expertise…Landura qualities, which will add value to your assets. We look forward to answering the call.
Landura is a full service property management company operating in ten states. Our portfolio consists of both market rate and subsidized multifamily housing communities.
Workout Plan Consultation
If your property has a vacancy problem or you are behind in funding your reserves, you may need a Workout Plan to help you get your property back to normal operations. We have a team of professionals that is experienced in the development of a Workout Plan that will fit any situation.
Prepayment of Affordable Housing is constrained by the Housing and Community Development Act of 1987, as amended. Our staff has experience in filing Prepayment Applications. We have successfully filed scores of applications, and have generated enhanced Returns to our Owners. For assistance in filing a prepayment application for a USDA, Rural Development property, contact us.