BY BRYNA ZUMER, email@example.com
6:05 PM EST, March 8, 2012
A company that manages affordable housing properties throughout the region is hoping to give Perrywood Gardens Apartments near Aberdeen a new start and improve safety at the complex, which has seen plenty of crime and violence over the years.
The New Jersey-based Tryko Partners real estate group announced its purchase of the 184-unit, low income complex last week for about $10 million.
The firm manages almost 2,000 affordable housing properties, acquisitions director Uri Kahanow said Tuesday.
"We want to build on what's there. We would definitely have a very strong awareness of security," Kahanow said, explaining he does not believe the complex, at 301 Mayberry Drive in Perryman, has an entrenched crime problem and that most safety issues come from outsiders, not from residents.
"We have done a lot of heavy lifting over the years," he said about some of Tryko's other properties. "I don't believe this is the case with this one. I believe it needs a lot of attention going in, but it has strong bones, it has a good market. The previous owner did a great job, but there is always room to improve."
Kahanow said the firm recently met with local law enforcement to discuss security issues, and plans to keep tight oversight of the property, "showing the residents we have pride in the property, but showing the residents if they call, we take care of [problems]."
"It's really a beautiful neighborhood around it," he said. "You really just have to make sure that any [criminal] element that tries to come in and congregate knows this is a crime-free zone."
Most recently, Perrywood Gardens was in the news when a resident, Jamar Holmes, was charged with a shooting in the Holly Drive area of Aberdeen on Feb. 22. Holmes told a judge at his bail hearing he had been living with a friend in the complex less than a week
Last year, Perrywood Gardens was the site of a double shooting in October. A New York man was also pistol-whipped there in August.
The complex has a long history of drug activity and related crime problems, including homicides.
Perrywood also gained attention in the summer of the 2011 for bat infestations, which were also found in Cranberry Run Apartments in Aberdeen.
Built in 1971, Perrywood Gardens Apartments has a project-based federal Housing Assistance Payment Contract in place for all its units.
Tryko partners bought the complex from Perrywood Gardens Associates. It was managed by Altman Realty Co., based in Fort Washington, Pa., according to online records.
Tryko Partners purchases multifamily properties, healthcare facilities and tax liens throughout the Northeast. The company owns several properties in the Baltimore and greater Chicago markets.