Maloney Properties, Inc. Celebrates 25th Anniversary

SEPTEMBER 2006 - Janet Frazier, President/CEO announced that in recognition of the firm’s 25th anniversary, a $25,000 annual scholarship fund has been established to provide scholarships to residents of properties managed by MPI. Ms. Frazier said “the intent is to broaden the educational opportunities for deserving young people who live in our communities”. MPI scholarships will be awarded for the 2007 academic year and will be given based on financial need, scholastic achievement, and personal character.

In honor of the 25th anniversary, the company owners and staff will gather in mid-September for an all day staff celebration and team-building event. “MPI opened its doors for business in 1981, and has steadily grown into a tremendously successful company. This milestone belongs to all of us. We are proud of the work that we do, and want to express our sincere appreciation to our staff for their outstanding work and commitment”, said Ms. Frazier.

In 1981, MPI managed fewer than 200 residential units with just 6 employees. Twenty-five years later, and now 300 employees’ strong, the firm provides a broad range of services to more than 7000 residential housing units in Massachusetts, Vermont, and Rhode Island. MPI also provides real estate brokerage services for large-scale developments, comprehensive resident services, construction management, and consulting services covering financial management, regulatory compliance, housing tax credit compliance, relocation, training, and energy conservation.

MPI is a certified women-owned business and is recognized as a leader in the property management industry.