Edgewood Properties was formed in 1992 with one of its business focuses being the acquisition, residential and commercial development of raw land and re-development of existing residential and commercial real estate properties. The company has expanded its business base from these, but still remains active in the acquisition of property.

The Company's target areas are New Jersey, New York, Eastern Pennsylvania, Maryland, Delaware, North Carolina and Florida residential and commercial real estate market. Acquisitions considered consist of shopping centers, residential, industrial properties, drug store sites and other development opportunities. Increases in population within these markets have created a renewed demand for these products. Through market experience and aggressive research the management team of Edgewood Properties is certain to select prime candidate properties for development or redevelopment, and exploit the favorable market conditions which exist taking advantage of the window of opportunity created by the lag between market pricing and market demand created by this growth.

Edgewood Properties' concept is to identify and procure properties for development or re-development. Once acquired, the properties are managed by us to maximize the goals specific to each property. Some properties are held for short periods of no more than one year to realize asset appreciation from re-development. Other properties are held for periods of three to five years to assure that new developments have matured sufficiently to garner an equitable profit. Additionally, mature properties in the portfolio are maintained for periods longer then five years as sources for streams of income and equity appreciation.

Commercial real estate that will be considered for possible inclusion in the asset portfolio will be raw land, apartments, office, and industrial sites. To be considered as a possible candidate for inclusion into the portfolio, the property must meet the following criteria:

	Shopping Centers:
		Anchored retail centers
		Good to Excellent visibility
		Minimum of 65,000 square feet. No maximum size requirement.
		Redevelopment and/or re-tenanting opportunities are considered in well located areas
		Will consider locations which have short term remaining on leases
	Apartment Complexes:
		50 units or more
		Possible conversions to condominiums and sales
	Industrial Properties:
		Sites on the edge of industrial zones which would need to be rezoned and converted to housing or retail uses
		Capable of leaving tenant in place while getting approvals
	Drug Store Sites:
		Minimum of 1.5 acres
		Strong corners with traffic light
	Development Opportunities:
		Either raw land or approved project sites
		Development opportunities for all types of properties listed above
		Will consider joint venture possibilities
	What Edgewood Properties can do for you:
	1.	Fast Closing - We have the ability to close a deal within 30-days of a commitment.
	2.	Fast Answers - Quick response to the brokerage community on whether or not Edgewood is interested in a site (usually within a weeks time).
	3.	Experience - Capable of dealing with a long approval period and have the where with all to not give up. Our team has the capability to evaluate properties and come up with creative solutions to address sellers concerns.
	4.	Cash Availability - We are well capitalized and have funds immediately available to close without the need for financing.