Backed by a legacy
of real estate excellence.

About WeldenField

WeldenField Development, LLC is a Birmingham, Alabama-based family real estate enterprise with a 50-year legacy spanning development, acquisitions, construction management, property management, mortgage banking, and alternative investments. The WeldenField Family of Companies includes Pumphouse Residential Group as well as SPM, LLC — one of the most respected property management platforms in the Southeast, managing over 20,000 units across the United States.

The principals of WeldenField bring deep expertise across multifamily, single-family, hotel, active adult, senior housing, and land — as well as capital markets, banking, and alternative investments. PRG draws directly on this platform, giving our investment strategy the support of a fully integrated, owner-operator organization built over four decades.

About SPM, LLC

SPM, LLC is the property management company at the heart of the WeldenField Family of Companies and the operating partner behind Pumphouse Residential communities. With more than 18,000 units under management across 170 properties in twelve states, SPM brings the discipline, depth, and operational maturity that today's ownership groups expect from a long-term management partner.

SPM's work spans the affordable, conventional, and student housing markets, supported by specialized teams in operations, accounting, human resources, financial planning, and quality assurance. Owners partner with SPM not for size alone, but for the operating standard that comes with it: transparent reporting, consistent execution, disciplined property oversight, and a leadership team that treats every asset as if it were their own. The result is well-run communities, stable performance, and a management relationship built to compound value over time.

About SPM Asset Services

SPM Asset Services, LLC is an affiliate within the WeldenField Family of Companies, dedicated to protecting and enhancing the physical and operational performance of the properties under SPM's management — including Pumphouse Residential communities. The Building Services team functions as an in-house construction and capital-execution partner, leading regional maintenance, renovations, and capital improvement projects with the rigor ownership groups demand.

The Training & Organizational Development team builds the certifications, curricula, and operational readiness programs that keep on-site staff performing at a consistently high standard across the portfolio. For owners, the value is straightforward: capital projects executed with precision, assets maintained to a defensible standard, and field teams whose competence shows up in every operating metric that matters.

About Multifamily Technology Services

Multifamily Technology Services (MFTS) is the technology affiliate within the SPM & WeldenField Family of Companies, providing the platform infrastructure, systems administration, and data integrity that modern multifamily operations require — and that ownership groups increasingly underwrite for. MFTS supports the property management systems, integrations, and reporting environments that produce the operational and financial data owners rely on, and operates the help-desk, security, and infrastructure functions that keep the business running.

Whether the asset is a Section 8, LIHTC, conventional, or student community, MFTS ensures the data flowing to owners and lenders is clean, timely, and auditable. For partners and investors in Pumphouse Residential, that means a technology backbone built for transparency, scale, and the long-term operational reliability sophisticated owners expect.