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Month: February 2021

Wood Partners Announces Grand Opening of Alta West Alabama in Houston

Written by Baylee Snead on . Posted in News. No Comments on Wood Partners Announces Grand Opening of Alta West Alabama in Houston

HOUSTON, February 23, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the grand opening of its newest luxury residential community – Alta West Alabama – in Houston, Texas. Leasing is currently underway at the community and more information can be found at AltaWestAlabama.com.

Located at 3623 W Alabama St., the new community is centrally located between the River Oaks, Highland Village, Greenway Plaza, and Upper Kirby neighborhoods, placing it in one of Houston’s most sought-after submarkets. The community is also in close proximity to Interstates 69 and 610, easily connecting it to the rest of the Greater Houston area.

Alta West Alabama has best-in-class amenities and features that will provide an A-class living experience, setting the community apart in the market. The community’s 304 units feature a mix of one, two and three-bedroom floor plans with open-concept designs. The apartment homes feature stainless steel appliances, gas cooktops, quartz countertops, and full-size washer and dryers.

The community also has numerous amenities to maximize both indoor and outdoor living. Outdoor living amenities include two courtyards, the first featuring a large resort-style swimming pool and outdoor kitchen, and the second offering a tranquil outdoor environment. Indoor amenities include a luxurious clubroom, a business center with conference space, as well as a gaming lounge and sky lounge that features a billiard table and other games for residents to enjoy.

“Adjacent to River Oaks, Alta West Alabama is in one of Houston’s most prestigious locations that offers residents easy access to everything Houston has to offer from first-class restaurants and retail to a variety of employment opportunities,” said Bart Barrett, Managing Director at Wood Partners.

The Houston area is home to some of the most dynamic economic hubs in the region. A short commute away from Alta West Alabama are a number of job centers, including Greenway Plaza, the city’s downtown core, the Galleria, The Texas Medical Center and the Energy Corridor.

Recreational opportunities and attractions in the area include world-class retail in Highland Village, the River Oaks District, and Upper Kirby. Other nearby entertainment options include numerous museums like the Houston Museum of Natural Science and The Museum of Fine Arts, the Houston Zoo, hiking in Memorial Park, a wide range of golf courses, and the Color Factory of Houston. The community is also close to a wide range of restaurants, shopping and historical sites. Additionally, the location provides easy access to several grocery options including Central Market, Whole Foods, Costco and H-E-B. The Galleria is located nearby and offers a number of high-end retailers including Saks Fifth Avenue, Gucci, Louis Vuitton and more.

 

About Wood Partners

Wood Partners is a national real estate company that acquires, develops, constructs and property manages multifamily communities. The company has been involved in the acquisition and development of more than 85,000 multifamily homes with a combined capitalization of more than $15.6 billion nationwide. The company currently owns 68 properties across the United States with a combined total of more than 18,000 homes. Wood Partners has offices in 20 major markets nationwide including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Nashville, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, Salt Lake City, San Francisco, Seattle, Washington, D.C., and West Palm Beach.

One-Third of Wood Residential Properties Earn J Turner’s Elite 1% Awards for Online Reputation

Written by Baylee Snead on . Posted in Awards, News. No Comments on One-Third of Wood Residential Properties Earn J Turner’s Elite 1% Awards for Online Reputation

ATLANTA, February 3, 2021 (Newswire.com) – A total of 17 Wood Residential properties were recognized among the Elite 1% properties in the nation with the best online reputation for 2020 by J Turner Research, the leading market research firm exclusively serving the multifamily industry.

Out of all the properties that earned the Elite 1% ORA™ Power Ranking, Wood Residential had 11 properties – nearly one-fourth of their active portfolio – that ranked in the 99.9th percentile at the end of 2020.

Six of those Wood Residential properties ranked even higher and placed in the Top 100 in the nation. Only one other management company in the country, Greystar, finished with more properties in the Top 100. Based on data from the NMHC 50 Largest Apartment Managers rankings, Greystar manages approximately 40 times more apartment units than Wood Residential.

“While we’ve had some excellent results in the J Turner ORA awards in the past, we truly went above and beyond this year,” said Steve F. Hallsey, Managing Director for Wood Residential. “We take great pride in this significant honor and will continue striving to make our residents feel at home, regardless of what’s happening in the wider world. Thank you to our employees for their commitment and to our residents for putting their trust in us.”

The Elite 1% ORA™ Power Ranking is an annual ranking based on monthly online reputation research of over 122,000 apartments across multiple review sites and Internet Listing Services (ILSs). The ORA™ score was developed by J Turner and serves as the multifamily industry standard to measure a property’s online reputation.

View the complete list of winning properties here.

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 was recently named the #1 manager for its online reputation in the J Turner Research rankings (Division III)

for 2020.

About J. Turner Research

J Turner Research is the leading full-circle online reputation management firm that empowers multifamily companies with data to drive revenue. The company’s unique 360-degree process enables clients to enhance resident satisfaction, increase closing ratios, and improve online reputation. J Turner’s Online Reputation Assessment™ (ORA™) score serves as the multifamily industry standard for measuring a property’s online reputation.

To be eligible for the Elite 1% ORA Power Ranking, a property had to register a minimum ORA™ score of 90.  For properties with the same ORA™ score, the property with the greater number of reviews ranked higher. A property or a management company does not have to be a J Turner Research client to qualify for this ranking. To learn more about ORA™, please visit https://www.jturnerresearch.com/about/what-is-ora-score.