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Company Overview

Freeman Webb is a private real estate investment firm that specializes in the acquisition, management and renovation of multifamily residential and commercial property. The Freeman Webb investment and management portfolio includes over 11 million square feet of multifamily, office and retail property in the Southeast and Midwest. Formed in 1979 by William H. Freeman and James A. Webb, III, Freeman Webb has grown to a full-service real estate firm with more than 450 associates.

Today Freeman Webb is the largest private owner/manager of apartments in Nashville.

General Information:

  • An Accredited Management Organization (AMO) by the Institute of Real Estate Management (IREM, BOMA).
  • Member of the Advisory Council of the National Multi-Housing Council.
  • Owns and/or manages a long-term portfolio of income-producing properties consisting of multifamily properties with more than 15,000 units and 1,000,000 square feet of commercial space including both retail and office space.

Major Markets Include:

  • Nashville
  • Knoxville
  • Jackson, TN
  • Memphis
  • Chattanooga
  • Kansas City
  • Jackson, MS
  • St. Louis

Freeman Webb is affiliated with the following professional real estate organizations:

  • Greater Nashville Apartment Association: Freeman Webb's involvement includes: former past Presidents, currently active on the Board of Directors as well as numerous committee and volunteer positions.
  • Tennessee Apartment Association: Currently active on the Board of Directors of this organization.
  • Knoxville Apartment Association: Regional Property Manager, Karen Schultz was the 1999 President of this association and is still active on the board of directors.
  • Freeman Webb is also a member of the local apartment associations in all of the cities where it operates.
  • Institute of Real Estate Management (IREM): Freeman Webb's Nashville Regional Property Manager, Delores Sharpe has previously served as Treasurer of the local chapter, while Karen Schultz, Regional Property Manager in Knoxville has served as President. IREM certifies individuals and organizations involved in management of real estate. The institute has been educating professionals for more than 60 years.
  • Freeman Webb is an Accredited Management Organization (AMO) by the Institute of Real Estate Management. This designation is only given to real estate management firms that meet the highest standards in the industry.
  • National Multi-Housing Council (www.nmhc.org): Freeman Webb is a member of the NMHC Advisory Council.

The Washington, DC-based National Multi Housing Council (NMHC) was founded in 1978. NMHC members are the principal officers of firms engaged in all aspects of the apartment industry including ownership, construction, management, and financing of multifamily rental properties.
The Council is acknowledged as the preeminent source of apartment-related information.

The NAA is North America's leading advocate for quality rental housing. They serve the interests of multifamily housing owners, managers, developers and suppliers and maintain high level of professionalism in the multifamily industry.

A federation of more than 165 state and local affiliates comprised of more than 36,000 multifamily housing companies representing more than 5.7 million apartment homes throughout the United States and Canada. NAA provides a wealth of information and assistance through advocacy, research, technology, education and strategic partnerships.

  • Building Owners and Managers Association (BOMA) www.boma.org:

BOMA is an organization primarily directed at commercial building owners/managers. BOMA International was founded in 1907 as the National Association of Building Owners and Managers. The association assumed its present name in 1968 as it broadened its reach to include Canada and participants from around the globe.

BOMA offers comprehensive industry research & office building performance data and publications, products, and services to assist the owners and managers of commercial office space to become more expert, professional and accomplished in creating better tenant environments and more stable investments for world capital.

All of Freeman Webb's employees are bonded. Freeman Webb also has an errors and omissions, directors and officers and employment practices insurance policy.

In addition, Freeman Webb audits each of its properties randomly, twice a year. Freeman Webb also audits its in-house bookkeepers. These audits are completed by Deborah McGowan Sullivan, CPA, an outside CPA. Freeman Webb Company's President, Controller, Director of Property Management and Regional Property Manager review these reports for compliance with company policies and procedures. We consistently have the majority of our staff receive Perfect or Near Perfect audits. Any corrective action is then addressed directly with the property or appropriate bookkeeper.

Kraft CPAs has been Freeman Webb's lead accounting firm since 1983.

Freeman Webb has also been recognized as one of Nashville's top 150 privately owned companies ranked by gross revenue.