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Month: October 2020

The Wexley at 100 wins Awards for Excellence-Best Lease-Up Pace

 

October 22, 2020- The Wexley at 100 has been selected as the winning property for Delta Associates’ 24th Annual Apartment and Condominium Industry Awards for Excellence in the category of Best Lease-Up Pace for a Baltimore Apartment Community.  With an average of 43 leases per month, this team leased up in only 6 months and exceeding everyone’s expectations.  Their hard work and dedication truly paid off.

Wood Partners Announces Grand Opening of Alta Washington in Houston

Wood Partners, a national leader in multi-family real estate development, announced today, in partnership with Principal Real Estate Investors, the grand opening of its newest luxury residential community – Alta Washington – in Houston, Texas. The seven-story community features 204 units comprised of one and two-bedroom apartment homes as well as six, three-story townhouses. Leasing is currently underway at altawashington.com with the first move-ins scheduled for early November.

Located in the Memorial Park area just outside of Downtown Houston, the new community offers easy access to several major employment hubs including the Downtown, Galleria/Uptown, and Greenway Plaza areas. For activities outside of work, Memorial Park, which has recently started a multi-million dollar renovation with completion expected in 2028, offers a combination of indoor and outdoor activities including hiking trails, cycling and skating paths, an 18-hole golf course, tennis and croquet courts, an indoor fitness center, swimming pool and a playground with picnic areas.

“The Wood Partners team is excited to begin leasing Alta Washington,” said Bart Barrett, Managing Director for Wood Partners. “The community offers residents luxurious living that is right next to one of the most popular and desirable amenities in the city, Memorial Park.”

Alta Washington is located within the Washington Corridor, one of Houston’s most popular nightlife areas known for its mix of trendy lounges, sports pubs, live music venues, wine bars and some of the most-loved restaurants in the city.

Located at 6400 Washington Avenue, Alta Washington is near several main roads and freeways including Westcott Street, Shepherd Drive, Allen Parkway, Waugh Drive, Loop 610, and Interstates 10 and 45, giving residents convenient access to the rest of the Houston megaregion, as needed.

The apartment interiors have open-concept floor plans featuring impressive kitchens – with quartz countertops, designer tile backsplash and ENERGY STAR stainless steel appliances – and modern hardwood-style flooring throughout most of the home. Residents will also have the ability to add Whiz Cribs, an upgraded technology package featuring Amazon products, to their apartment home.

State-of-the-art amenities on-site include a clubroom, game room, a seventh-story sky lounge with a kitchen and dining area, a business center with a conference room and micro-offices, a fitness center and a Luxer One package room. Outdoor amenities include a resort-style swimming pool with outdoor grills located on the third level and a second-story dog park. All common areas will provide residents with wireless connectivity and will feature the latest in audio/visual technology and urban living design.

Wood Residential Services Retained by TA Realty to Manage Portfolio of Western U.S. Communities

Phoenix, Ariz. October 15, 2020(Newswire.com) – Wood Residential Services, a national leader in multi-family real estate management, announced today that it has been retained by TA Realty to manage three luxury apartment communities  – Valentina by Alta in San Diego, Alta North Central in Phoenix and Alta Green Mountain in Lakewood, Colorado.

 

The agreement involves two top-tier companies: Wood Residential Services (WRS), a premier real estate management firm recently named the #1 manager for its online reputation in the J Turner Research rankings (Division III), and TA Realty, one of the largest and most experienced providers of real estate investment management services in the U.S.

 

“The entire Wood Residential Services team is excited to work with TA Realty as we continue to expand our management portfolio,” said Steve Hallsey, Managing Director for Wood Residential Services. “Strong third-party agreements like these will enable us to continue making a positive impact on these communities, by delivering exceptional customer service to our residents and a solid ROI for our partner.”

 

Each apartment community offers residents exceptional amenities and state-of-the-art home features like upgraded cabinetry, appliances and more.

 

Valentina by Alta, located in the Little Italy neighborhood of San Diego, CA, offers 110 boutique apartment homes with one- and two-bedroom floor plans, as well as penthouse units that feature unobstructed views of the San Diego Bay. Amenities include a second-floor pool, a fitness & yoga studio with bay views, multiple outdoor terraces and a resident library. Leasing began in the summer of 2019.

 

Alta North Central, located in Phoenix, AZ, includes 229 one-, two- and three-bedroom apartment homes and offers highly sophisticated living with a resident lounge, large pet area and rooftop terrace.  In-home finishes and appliances include two cabinetry color schemes, five-burner gas stoves and double-ovens in select units. The community opened in the fall of 2019.

 

Alta Green Mountain, located in Lakewood, CO, offers 260 one-, two- and three-bedroom apartment homes with breathtaking views of Denver and the Green Mountain Nature Preserve, giving residents the perfect balance between the convenience of city living and the Colorado outdoors. Amenities include a spacious clubhouse, resort-style pool and a Colorado-inspired fitness center. It opened its doors in spring of 2019.

 

“We are very pleased with our decision to retain WRS as property manager for our recently acquired apartment communities and look forward to our new partnership,” said Mike Haggerty, Managing Partner of TA Realty. “We are confident that WRS will help us successfully manage these communities while putting the needs of the residents first.”

 

About TA Realty

TA Realty is among the largest and most experienced providers of real estate investment management services to U.S. and non-U.S. institutional investors. Since its inception in 1982, TA Realty has managed more than $30 billion of real estate assets through value-add and core strategies and customized separate/advisory accounts. TA Realty’s investment philosophy focuses on creating diversified real estate portfolios that aim to generate strong cash flow, receive intensive asset management and seek to achieve long-term value creation. For more than three decades, TA Realty has maintained this philosophy through multiple real estate and economic cycles, a strength recognized by pension funds, endowments, foundations and high net worth individuals. For more information please visit www.tarealty.com.

 

About Wood Residential Services

Wood Residential Services is a national multifamily property management company. The company currently manages stabilized and lease up assets in all classes around the country, with a combined total of more than 20,000 units nationally, and is headquartered in Atlanta, GA. Wood Residential Services was recently named the #1 manager for its online reputation in the J Turner Research rankings (Division III) for 2020.