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Trotwood Manor I & II

DBC Real Estate Management added Trotwood Manor to its portfolio in 2009 as its first townhome community. The community is located in New Stanton, Pennsylvania, an area with a very strong employment base but few housing options. Due to New Stanton's location at the major intersection of the Pennsylvania Turnpike and Interstate 70, large distribution firms such as FedEx and major food and equipment distributors employ hundreds of workers. In addition, given the easy access to all regions of southwest Pennsylvania, including Pittsburgh, many residents prefer to live in the more rural setting of this area and commute to work, increasing demand on a limited housing supply. Trotwood Manor is a 110 unit townhome community constructed over the period 1975 through 1995. DBC's assessment of the housing demand in New Stanton has proven correct. In addition, the expansion of drilling and other activities related to the Marcellus Shale in southwest Pennsylvania have only added to the market demand for rental housing. As a result, Trotwood Manor reflects some of the highest occupancy and retention rates in the portfolio.

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