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and the quality of the products. “We try neighbors on all sides of the building.
to focus on attention to detail and assist-
ing the owner in value-engineering proj-
ects,” he explains. “We try to find the best
value for the dollars he’s spending.”
WNC has built thousands of apart-
ment units and is currently building
another 2,900 units.
“An extensive understanding of con-
struction methods enables WNC to build
into each project the most cost-effective
solutions for the long-term reduction of
property maintenance expenses and
repair of existing buildings,” the compa-
ny explains. “This foundation of knowl-
edge and experience is key to under-
standing the processes needed for the
successful renovation of existing build-
ings, limiting the costs of the rehab and
insuring the owner get the maximum
benefit for his money.”
The company is not afraid to take on
challenging projects. It is currently build-
ing a four-story, 170,000-square-foot apart-
ment building over a two-level parking
garage in North Ridge. Gilly says the 212-
unit project is challenging because the
work area is very compact and there are
“[This philosophy] really boils down to
“We had to be more attentive and man-
age the schedule because there is no
room on the site,” he says.
For example, materials are delivered
the day before they are needed. The proj-
ect will be completed in June 2008.
Company’s Credo
WNC’s value system is important to the
company, Gilly says. New employees are
required to take a class taught by CEO
Michael Hayde on the company’s credo.
“We are trying to introduce new employ-
ees to our value system,” Gilly explains.
The credo states:
■ “The company is based on honesty,
integrity and loyalty.
■ “People are the most important asset.
■ “Attention to detail is stressed.
■ “The company is dedicated to residents,
customers and investors.
■ “A foundation of teamwork and respect
underlines the company.
■ “Employees treat each property as if it
were their own.
■ “Quality work leads to fun, success and
rewards.”
that one fundamental word: caring,” the
company says. “Caring about your prop-
erty, caring about your residents, caring
about your teammates and caring about
your client.”
‘Strong Corporate Support’
M. Douglas founded the company, which
was known as B.D.F. Corp. in 1964. The
company worked with small investors to
fund apartment projects that it would
develop, build and manage in Orange
County, Calif.
The company built more than 10,000
units until 1980, the company says. WNC
was founded in 1978.
“The depth of resources, relationships
and experience within this recognized
real estate service leader offers dynamic
industry knowledge and specific market
expertise,” Western National Group
states. “The flexibility of a unique region-
al operating structure backed by a strong
corporate support allows Western to bring
clients the combined advantage of big
company strength with the entrepreneur-
ial character of a smaller company.” ■
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