Taking Business to the Next Level
Years ago, the Williams & Henley Families partnered up to begin buying and selling single family homes. The families quickly realized that managing apartment complexes would be a better way to take advantage of economies of scale.
Today, the second generation of both families continues in the business, led by Jason Williams as President.
Since the second generation of partners took over, Charter Properties has more than doubled in size and looks to acquire even more apartment units in the years to come.
One motivator that drives Williams to keep expanding Charter Properties is community involvement. In addition to providing homes inside more than 1,000 rental units, he volunteers with the Salvation Army, coaches youth sports, and encourages his staff of 25 to give back in their own ways.
“You think it’s just real estate, but you’re taking care of people. It’s an important job. Also, you’re taking care of families. And we have to make sure to treat people with fairness, compassion, and a lot of empathy,” Williams said.
As the business continued to grow, Williams knew he needed a financial partner to help him sustain it, so he called on his friend and adviser, Joe Glassco of LCNB.
“You cannot be in this business without leverage, and thanks to Joe Glassco and LCNB, we’ve been able to use today’s low interest rates to increase our cash flow.”
Together, Glassco and Williams have refinanced the company's debts, taken advantage of low interest rates, and found lending solutions that propel the business forward. Williams’ operation touches more than just his lessees.
You probably have a good idea of what your business needs next, and we're here to help you get it with a customized lending solution. Whether you're upgrading equipment, expanding your space, stocking inventory or anything else, our team can help make it happen.Let's Go Further Together +
All loans subject to credit approval.
You're already an expert at what you do. Help us understand what you need and our financial experts will work to determine the best way to make it happen.
Whether you need to finance a construction project, update your equipment, manage your cash flow, or simply gain access to life-giving capital, we make running your business less complicated, so you can keep breaking boundaries.
LCNB National Bank NMLS# 403521. All loans are subject to credit approval.
Pre-approvals are not a commitment to lend. The borrower may be required to submit additional information for review and approval.