Gemdale USA Corporation

Gemdale USA Corporation ("Gemdale USA") is a real estate investment and development company headquartered in Pasadena, California, with additional offices in New York City and San Francisco. The company develops commercial, multifamily rental and for-sale residential projects, with multifamily rental and office either stand alone or mixed-use with retail. For-sale residential developments may include condominiums, single-family attached homes as well as detached housing. The company focuses on Class-A ground-up developments in key gateway high-barrier to entry markets. Target markets include Southern and Northern California, New York City, Boston, Seattle and Chicago. The Gemdale executive management team has extensive experiences in U.S. real estate development, acquisition, project management, asset management, and real estate sales and marketing. Gemdale USA Corporation is a United States subsidiary of Gemdale Corporation. Gemdale Corporation, one of China’s largest and leading real estate developers, was founded in 1988 and listed on the Shanghai Stock Exchange (600383.SH) in 2001. Gemdale enjoys one of the strongest brands in China. Gemdale Corporation has expanded rapidly in size and strength with over two decades of exploration and successful operation. In 2015, Gemdale built and sold over 45,000 residential condominium units in 29 major cities in China.