P. E. Pennington & Company, Inc. has done a great job representing Carleton Residential Properties before the
appraisal districts. Paul works closely with us evaluating operating results and exploring issues behind the numbers that could be relevant
in negotiations with the districts. We feel he has achieved the best valuations possible in the four years he has represented Carleton. We
appreciate his direct approach. He tells you what he’s going to do and he does it.