Wood Partners Announces Pre-Leasing at Fuse 47 in College Park

COLLEGE PARK, Md., Feb. 16, 2017 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, announced today that pre-leasing has begun at Fuse 47, a new community located in downtown College Park, roughly 10 miles north of the Capitol.

“With this asset, we’ll help fulfill a much-needed demand for housing in the expanding College Park neighborhood,” said Scott Zimmerly, Director of the Mid-Atlantic region for Wood Partners. “This was another opportunity that fell in line strategically with our approach to seeking optimal locations with a clearly identified need for exceptional housing.”

Rich in amenities, Fuse 47 offers a resort-style pool, outdoor grilling stations, a bocce court, a state-of-the-art fitness center with the latest CrossFit®-inspired equipment and more. The community includes 1-, 2- and 3-bedroom market rate apartments in a variety of floor plans that provide residents with the option to choose layouts based upon their preferences. All units are equipped with luxury conveniences and finishes.

The community is well-positioned to take advantage of burgeoning growth that College Park is experiencing, with a new Whole Foods market, two new major hotels and a new Amazon bookstore on the University of Maryland campus, all coming online in the ensuing months. In addition to a wide variety of events and experiences at the University, including the innovative Discovery District, residents will also have convenient access to major shopping and retail options off Route 1, such as Target, Best Buy and Ikea.

“It’s clear that College Park has become one of region’s most ideal places to live as companies and people continue to relocate here. Its growing entertainment, lifestyle and transportation options are driving considerable interest,” said Zimmerly. “In recognizing this, we’ve created Fuse 47 to connect residents with a network of parks, college events and expanding retail options, all a short distance away, to serve the professionals, faculty and students that we are targeting.”

Pre-leasing at Fuse 47 has begun and the first units will be available in June 2017. The ground-up project broke ground in the fall of 2015 and is scheduled for completion in late summer of 2017.

To learn more, visit fuse47.com or the on site leasing office where visitors can experience 3D virtual reality tours, powered by Samsung Gear.

Wood Partners Announces Promotion of Matt Trammell to Chief Financial Officer

Atlanta, GA – February, 2017 –Wood Partners, a leading national multifamily real estate developer, announced today that Matt Trammell has been named its new Chief Financial Officer.

Trammell has worked for Wood Partners for over eight years, where he most recently served as Senior Vice President of Finance and Asset Management.

“Matt has made a significant impact on our organization during his tenure at Wood and we are confident that he will continue to excel as he moves into the CFO role,” said Joe Keough, CEO of Wood Partners.

In his role, Trammell will continue to oversee Wood Partners’ asset management group and corporate finance functions while supporting Keough and Patrick Trask, Wood Partners’ President, with the management of equity and debt relationships.

“Joining the executive leadership team at Wood Partners, particularly at this moment of growth at the company, is incredibly exciting,” said Trammell. “I am proud to be a part of the strong team and culture here and privileged to contribute to the communities we are building across the country.”

Trammell started in his role in October 2016.

Wood Partners Hires Industry Veteran Steve Hallsey as Executive VP of Operations for WRS

ATLANTA–(BUSINESS WIRE)–Wood Partners, a national leader in multifamily real estate and development, today announced the hiring of Steve Hallsey as Executive Vice President of Operations of its property management company, Wood Residential Services (WRS). Hallsey brings over 30 years of experience in real estate management and property operations, and has worked for some of the nation’s largest and most successful multifamily housing companies.

“Hiring an industry leader with a proven track record adds considerable strength to the ongoing success and growth we’re experiencing with WRS”

“Hiring an industry leader with a proven track record adds considerable strength to the ongoing success and growth we’re experiencing with WRS,” stated Joe Keough, CEO of Wood Partners. “Steve’s background and wealth of operational experience makes him an invaluable addition to Wood Partners.”

In his role, Hallsey will run Wood Partners’ operating company—WRS—that oversees the management, leasing and operations of Wood’s multifamily assets. This includes marketing, personnel development, maintenance and operations of the properties and the 350-plus personnel who work for WRS.

“Wood Partners is a company I have always admired and I am inspired to be a part of such an innovative organization at this exciting time in our industry,” said Hallsey. “The level of current talent combined with the tremendous culture of Wood Partners makes WRS very well-positioned for both our near and long-term success.”

Previously, Hallsey was the President and CEO of AMLI Management Company, based in Chicago, for thirteen years. Prior to that he oversaw operations for Archstone–Charles E. Smith in Washington D.C. that managed properties in New York, Washington D.C., Southern Florida and Illinois.

Originally from American Fork, Utah, Hallsey is a graduate of University of Utah. He currently lives in Atlanta, GA with his wife. He has two children and six grandchildren. Hallsey started in his role on December 1, 2016.