Financial Highlights
The financial condition of G & K Industries reflects a conservative management style and financial structure that provides excellent cash flow and low debt ratios.
The cash flows for the multifamily, mixed-use, marinas, and congregate care facilities continue to be strong and reflect unique skill in site selection.
The government subsidized properties generate excellent cash flows due to the high demand by low-income renters. These cash flows increase steadily year to year because of governmental agency contracts that provide for either annual CPI type rental adjustments or rent increases based upon operating budgets.
