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Summit Management Services, Inc (“SMSI”) was founded in 1980, though its genesis was actually in 1979 when the founder, Herbert Newman, began purchasing, renovating and operating over 15 properties in SMSI's original submarket of Akron.
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The partnership, Your Forever Home LLC, spent $115,000 giving it a complete modern farmhouse makeover. "We did end up getting three offers. One was over $300,000," he said.
About a third of the more than 140,000 NAHB members are home builders or remodelers. [2] The rest of the membership works in closely related specialties such as sales and marketing, housing finance, and building materials manufacturing and supply. Each year, NAHB members build approximately 80% of new homes constructed in the United States.
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There is major retail development along Home Avenue, Howe Road, and Brittain Road, with the retail area anchored by the Chapel Hill Mall at the northeast corner. Chapel Hill is accessible off Route 8 via three interchanges. Chapel Hill is one of Akron's smaller residential neighborhoods, with only 2.5% of its population and 3% of households.