Pursuing new dreams.

Cunat recognizes that in the years to come, demands for places to live and work may change dramatically.

Cunat has come a long way since building that first apartment complex in 1976, but the truth is, we've just getting started.

Our new strategic five-year plan provides an important blueprint for future growth, touching on overseas as well as domestic endeavors and various long-range financial projects.

Strong growth is expected from Royal Japan Corporation, a new international property management and construction company that will purchase, develop and lease multi-family dwellings in Japanese suburbs. These communities will be modeled after our highly successful rental and condominium communities in the United States.

As demands for places to live and work change in the coming century, we see tremendous opportunities for expansion at home as well as abroad. Companies that are prepared for an aging population and the explosion of home businesses will stay truly competitive. As we design and develop new properties, we plan to reflect these and other demographic shifts in creative ways.

Behind the scenes, ongoing efforts to restructure long-term debt  are equally as important to our company's future. By eliminating conventional financing and replacing it with taxable low-interest bonds, we will substantially increase our cash flow and profitability.