Stonewall Property Group LLC

Stonewall Property Group LLC is a full service residential and commercial property management company with offices in San Antonio, TX. The company is a relative newcomer to the South Central Texas market. Although recently formed in March, 2005, the company has undergone rapid startup growth and is currently managing a mix of residential multifamily, retail, office and industrial/warehouse type properties. As the company’s strong reputation has been established, its management portfolio and client list has steadily expanded.

The principal, Mr. Bill Wheeler, is a graduate of the United States Naval Academy. He enjoyed a successful 22 year career as a nuclear submarine officer. As a senior officer, Bill completed his career as the Chief Staff Officer of a nuclear submarine squadron, directing the efforts of over 3,000 people to maintain and operate 14 nuclear submarines. Upon retirement from the Navy in 1998, Bill entered the property management business. During the past eight years he has served as the Director of Property Management for the Coldwell Banker franchises in Bexar and Comal Counties. In March, 2005, he established Stonewall Property Group LLC. Bill Currently serves as the President of the San Antonio chapter of the National Association of Residential Property Managers and Chairman of the Property Management Committee at the San Antonio Board of Realtors.

Services

Stonewall Property Group LLC offers a wide range of services to ensure the efficient and successful operation of its managed properties to include:

Personnel Management. The company seeks the best qualified, experienced and motivated employees to manage and maintain your property. All prospective employees undergo criminal background searches and are drug tested at a certified testing facility. Employee performance is carefully monitored and continuing training is provided. Payroll management, including tax withholding is managed by the company. Benefits are offered to employees in order to attract competitive candidates.

Advertising and Marketing. The company will create a marketing and advertising plan tailored to the local market and the needs of the property in order to attract qualified prospects and eliminate dependence on fee basis locators and brokers. A large component of the plan will address resident retention, the most cost effective means of achieving occupancy.

Accounting and Reporting. Accurate records of revenues and expenses are maintained in an automated management software system which is capable of producing detailed financial reports for owner clients. These reports can be tailored to the needs of the clients and produced regularly on a monthly basis or as requested.

Maintenance and Repair. The company will closely monitor and supervise maintenance of the property with particular attention to the need for regular unit inspections, a scheduled preventive maintenance program and maintenance of the grounds and exterior in order to maintain a favorable “curb appeal”. In the event large projects are undertaken which require the services of independent contractors, the company will screen and select vendors based upon qualifications, experience and bid pricing. All independent contractors will be properly insured and bonded.

Portfolio

Stonewall Property Group manages a diverse portfolio of commercial and residential properties including approximately 600,000 square feet of retail centers, office, industrial and warehouse properties and approximately 1,058,280 square feet of multifamily residential properties.