SVN | Southgate Realty, LLC’s foundation is Multifamily. With nearly four decades of experience focused on apartment development, management, brokerage, and advisory services; SVN | Southgate Realty, LLC has established themselves as a leader in multifamily investments for Hattiesburg and throughout South Mississippi.
Since 1980, SVN | Southgate Realty, LLC has focused on enhancing value for investors through acquisition opportunities, asset management projects, and disposition transactions. With each assignment, SVN | Southgate Realty, LLC leverages Local Market Insight, Leading Industry Standards, and a Synergetic Team Model to our clients’ advantage.
Local Market Insights
Being a part of SVN provides SVN | Southgate Realty, LLC clients with the advantage of global reach, but for the disposition of these developments the company’s bedrock will always be the South Mississippi market, which includes Hattiesburg, Jackson, Wiggins, Gulfport and Biloxi.
SVN | Southgate Realty, LLC understands the unique nature of multifamily in the South Mississippi region and offers tailored local market insights accordingly. Every market research report, underwriting evaluation, and asset management plan SVN | Southgate Realty, LLC creates incorporates the local market knowledge we have developed as a full-service multifamily brokerage actively involved in its community. The current multifamily management portfolio consists of 17 apartment communities with nearly 900 units providing a data rich basis from which to evaluate new asset management plans and underwrite brokerage opportunities with a reliable understanding of market conditions.
SVN | Southgate Realty, LLC also incorporates the extensive multifamily development knowledge of Managing Director, Gene Carothers, CCIM, into all facets of multifamily analysis. Gene has overseen the development of over 620 multifamily units in his commercial real estate career. In 2009, Gene was recognized by the Home Builders Association of Mississippi with the award for best new multifamily development in Mississippi for The Lakes at Turtle Creek Apartment Homes which he developed with York Developments. The Lakes at Turtle Creek has since received The Grand award from the Mississippi Multifamily Council six consecutive years for best multifamily community in Mississippi.
Managing Director, Chamberlan Carothers, CCIM, CPM, currently serves as president for the Mississippi chapter of the Institute of Real Estate Management (IREM), the state board of directors for the Mississippi Apartment Association, and past state president for the Mississippi Multifamily Council.
Developing a company focus on maintaining active involvement in professional Mississippi apartment associations not only provides the SVN | Southgate Realty, LLC’s team with the leading industry training and education they need to exceed client asset management expectations, but also links the brokerage team with direct access to active multifamily buyers and off-market sales opportunities.
Leading Industry Standards
SVN | Southgate Realty, LLC continuously strives to not only be an active leader within our region, but to also adopt the highest standards of international commercial real estate and apply those skills to the South Mississippi multifamily market.
In 1999 Managing Director, Gene Carothers, earned the designation of Certified Commercial Investment Member (CCIM), globally recognized as an expert in the disciplines of commercial and investment real estate. In 2016 Managing Director, Chamberlan Carothers, followed in Gene’s achievement of earning the CCIM designation. The CCIM designation represents proven expertise in financial, market, and investment analysis, in addition to negotiation. Both Managing Directors apply the CCIM industry leading standards to all facets of SVN | Southgate Realty, LLC’s multifamily areas of focus.
In 2011 Managing Director, Chamberlan Carothers, earned the designation of Certified Property Manager (CPM) awarded by the Institute of Real Estate Management (IREM). The CPM comprehensive program is developed exclusively for property and asset managers working with large portfolios of all property types. The designation is considered to be among the industry's premier real estate management credentials. There are over 8,600 professional real estate managers who hold this designation worldwide. CPM members manage approximately $900 billion in real estate assets.
SVN | Southgate Realty, LLC also holds membership in the National Apartment Association (NAA), and the National Association of Realtors (NAR).
Synergetic Team Model
When two or more organizations, departments, or agents interact and cooperate to produce a combined effect greater than the sum of their separate abilities, you have synergy.
The ability to have all facets of multifamily brokerage, management, and development working together towards our clients’ objectives is one of SVN | Southgate Realty, LLC’s greatest strengths. SVN | Southgate Realty, LLC understands that every employee has a contribution to make and a voice to be heard. Drawing on the apartment insights and skill sets of each team member, regardless of department, results in a multifamily knowledge base not often matched.
When you have multifamily brokerage specialists working with Asset Managers, Maintenance Supervisors, On-site Property Managers and Apartment Developers, you have comprehensive multifamily insights working together for your investment goals, you also have SVN | Southgate Realty, LLC.