History of EPG:

Founded originally as a part of a general construction company owned by John Walsh, Educational Property group began on the early 90’s as a turn-key developer for a variety of educational projects K-12, pre-schools, and higher ed.

It evolved in the mid 90’s to a higher education only focus and in 1998 was spun out on its own, the construction company closed and focused on student housing and college town projects as its primary market.

The company has completed site development work near campuses as a merchant builder, fee for service developer, condo converter, and owner-manager of student housing. In addition it has done select consulting for colleges, banks and private owners including turn around projects.

The firm has completed a number of land development deals for student housing it has then sold to larger firms when all approvals were in place. It has also managed complete development and startup operations on student housing with its principal markets as Pennsylvania, New Jersey and Florida.

One of the firm’s strongest talents is reuse of older site and buildings and converting these urban infill sites to new and exciting student housing communities.

EPG is strong niche market developer with a value added focus. In addition we have had high success with land development for new student housing communities and flipping those sites to other developers for construction high string gains from those sales. 

The company is now focusing on branded use of the “Apex” name for upcoming projects in 2007 and 2008 with strong performing assets and cash flow from projects lined up. We intend to maintain construction management in house this year on some projects and we continue looking at JV structures and CM project management on some of the larger projects.

Much of years 2005 and 2006 have been spent securing and getting approvals on various sites with little actual reportable gains from the increased values in these sites.

We have made strong net worth gains and will begin to realize those gains with improved operating cash and greatly cash flows in 2007 and 2008.