GAMG
Industry:
Real Estate Development & Services

DESCRIPTION

Global Asset Management Group (GAMG) is a small holding company focused on acquiring, renovating, and operating residential real estate in Washington, D.C. Through its subsidiary DC Rental Portfolio Corp., GAMG targets affordable housing for low-to-moderate income households, including people with disabilities and military veterans. GAMG's current portfolio includes three D.C. properties: Saratoga Apartments, a 31-unit multi-family property acquired for $6.7M and being converted to condominiums; eight residential and one commercial condominium unit on Georgia Ave NW, acquired for $3M and under renovation for resale; and a 41-unit garden apartment complex under contract for $10M with a $2M projected renovation cost, expected to close in Q2 2026. GAMG's real estate business runs on two strategies: renovating and converting or reselling properties at higher values, and holding rental units for ongoing income. The company also owns Bella Rio Marketing Agency, a small digital marketing firm acquired in July 2025 that provides SEO, social media, and web services to clients, though Bella Rio is early-stage and not a meaningful revenue contributor. GAMG changed its name from Kenilworth Systems Corporation in June 2025 and has approximately six employees. Longer term, GAMG aims to expand geographically into other housing markets and acquire a lending institution to support its affordable housing mission, though the gap between current operations and these ambitions is substantial.

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