The HISTORY at Westminster Company is rich in leadership and experience. We began building our portfolio in 1970 through the construction of apartment complexes across the southeast. In the early 1980’s, Westminster Company formed a property managementdivision to manage these apartment complexes.Our portfolio has been constantly growing over the years.
- By 1990, as a subsidiary of Weyerhaeser Company, we grew to over 4000 multifamily apartment units primarily in affordable housing through HUD, with a mix of some conventional and tax credit units.
- 1n 1993, we were acquired by Corcoran Jennison Company out of Boston, MA, who has successfully developed over $1.8 billion worth of property including residential apartment communities, exposition centers, schools and institutions, health facilities, condominiums, hotels, resorts, conference centers, and golf courses.
- In 2010 we acquired 11 properties to manage with 880 units
- Westminster Company currently manages 63 properties with nearly 5000 units of affordable and federal assisted housing, including senior, mixed income and tax credit communities serving North Carolina, South Carolina and Virginia.