CAPREIT, Inc. (CAPREIT") is a privately owned, self-managed, real estate investment company headquartered in Rockville, Maryland. CAPREIT commenced operations in 1993. This company of over 400 associates now owns and/or manages approximately 13,000 apartment units in 21 states. CAPREITÍs senior management team, led by Dick Kadish, has decades of experience in the acquisition, ownership, development, financing, management and disposition of multifamily real estate. CAPREIT combines its extensive multifamily experience with strong financial resources to create long-term value."