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    Washington Post.com: Post 200 -- The Top 100 Public Cos.

    NHP Inc.
    list rank

    From the April 28, 1997 Washington Post


    '96 (in $ 000s) % Change From '95
    Revenue 219,827 25.8
    Net Income 11,620 (60.3)
    Rank Last Year: 51

    Description:
    NHP provides an array of real estate services, including property management of more than 133,000 apartments nationwide. The company also handles asset management, equity investments, mortgage financing and servicing through its subsidiary, Washington Mortgage Financial Group. When NHP went public in 1995, it split into two branches: NHP Inc., the public company, and NHP Partners Inc., a private entity that owns real estate assets.

    Business Resume:
    • Contact Info --
      8065 Leesburg Pike
      Vienna, Va. 22182
      703-394-2400
    • Main Business --
      Property management
    • Founded --
      1970
    • Chairperson --
      J. Roderick Heller III (CEO)
    • President --
      J. Roderick Heller III
    • Employees --
      5,800
    • D.C.-Area Employees --
      1,073
    Developments:
    In February the company announced that Apartment Investment and Management Co. (AIMCO), a Denver-based real estate investment trust, agreed to acquire all common stock shares of NHP Inc. owned by Demeter Holdings Corp., an affiliate of Harvard University, and Capricorn Investments L.P. Together, Demeter and Capricorn own a controlling 54.9 percent of the public company.

    AIMCO also has agreed to acquire certain multifamily real estate of NHP Partners Inc. from Demeter and Capricorn, but this is subject to NHP's right of first refusal.

    In addition, NHP agreed to merge with AIMCO.

    Copyright 1997 The Washington Post

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