Summit Management Corporation was founded by Gregory Averbuch in 1989. Summit maintains its headquarters in Atlanta, Georgia and currently employs over 150 people. The Company is a dynamic, growth-oriented real estate management and development company specializing in hotel, office, and residential properties in the Southeastern United States. Over the past two decades, the company’s focus has been developing and operating “Best of Class” hospitality properties along with its expertise in office and multi-family properties. This “Best of Class” status is evident by the quality of the locations, facilities, operations, and service. Mr. Averbuch, Summit Management Corporation, and the Hotels have been recognized as leaders in the industry. Two of the Company’s Sleep Inn properties have achieved the Platinum Award and were selected as Inn of the Year Finalists. There are only 18 Platinum level properties within the 4,000 property Choice Hotels International system. This places Summit’s properties in the top half of 1% in the entire system. The other Hotels have appeared on the fronts of Franchisor’s directories and other collateral materials, are used as training Hotels or frequently shown by the Franchisors to prospective customers as “Flagship” examples of their respective brands. The company will continue its practice and business model of achieving true excellence by being and creating the best.

Summit currently manages seven hotel properties developed from the ground up, has an ownership interest, and maintains management contracts. Each of Summit’s management contracts are with one of its related entities and are long-term. These developments can be previewed at the following URLs: