Month: October 2021

Atlanta, GA (Oct 29, 2021) — In recognition of the outstanding efforts and success of the company’s associates in 2021, the partnership group at Wood Partners is awarding an exceptional, one-time bonus to all employees across the country.  This unique reward – equivalent to one-month of base salary for each associate — was announced by Joe Keough, Wood’s Chairman and Chief Executive Officer, during an all-employee meeting on Friday, October 29^th.

“The partners and I have been incredibly proud of our extended Team across the entire Wood Partners family,” said Keough. “It’s remarkable how much they have accomplished in the midst of the pandemic and some extremely challenging work environments.”

Across several key metrics, 2021 is on track to be one of the most successful years ever for Wood Partners. “All of our teams – property management, development, construction, and our great infrastructure support groups – have been extremely busy and doing a tremendous job,” said Keough.  He highlighted that all 30 partners committed to offering this extraordinary bonus to express their appreciation to all associates and convey how important their efforts are to the success of the company.

“We know you have choices with regards to where you work,” concluded Keough during the employee meeting, “and we’re honored that you have chosen to pursue your career with us.  We hope that you will continue to stay with us as we look ahead to an even busier and more successful year in 2022.”

About Wood Partners

Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. The company has been involved in the acquisition and development of 90,000 multifamily homes with a combined capitalization of $17 billion. The company currently owns 70 properties across the United States representing more than 20,000 homes. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates Wood Residential, an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For two years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.

Baltimore, MD (Oct. 21, 2021) – Wood Partners, a national leader in multifamily real estate development, today announced the grand opening of its newest luxury property, Alta Federal Hill. Situated at 1800 S Hanover Street in Baltimore’s Federal Hill neighborhood, the expansive property features sweeping views of the city skyline and a total of 275 residential units.

With its industry-leading amenities package, Alta Federal Hill truly stands out from the rest of the market. The property’s outdoor spaces feature a resort-style pool with a spacious tanning deck, an outdoor entertainment area outfitted with multiple grilling stations, TVs, lounges and gaming area, a pet spa with two dog washing stations, and an open-air rooftop lounge with spectacular views of the city. Inside, the club area features hi-def TVs, lounge seating, co-working spaces and conference rooms, a 24/7 fitness center with weights and virtual training equipment.  There is also a tavern-themed sports lounge complete with a bar/kitchen area, billiards table, shuffleboard, dartboard, arcade games and big screen TVs.

The residences themselves offer one, two and three-bedroom custom designed floorplans. The stunning kitchens feature white quartz countertops, designer tile backsplash, soft-close cabinetry, and a stainless-steel GE appliance package. Designer wood-style flooring runs throughout the apartment homes with bathrooms featuring designer tile, shower/tub surrounds and frameless glass shower doors. Each home also comes complete with a full-sized washer/dryer set, ecobee thermostat, keyless access system and wiring for high-speed internet. Select homes feature oversized walk-in closets and walk-out patios and balconies as well.

“As the company’s second property in the Baltimore area, Alta Federal Hill perfectly aligns with Wood Partners’ ongoing commitment to developing properties that not only align with the needs of future residents, but also embrace the surrounding community as a whole,” said Scott Zimmerly, Executive Managing Director. “Alta Federal Hill caters to the differing needs of residents commuting in and out of the city by providing easy access to I-95 and I-395, which run alongside the property. At the same time, Alta Federal Hill puts residents near the growing list of dining and entertainment options the neighborhood has to offer, including M&T Bank Stadium and the iconic Oriole Park at Camden Yards, which are both within walking distance.”

Alta Federal Hill is managed by Wood Residential. Additional information on the property and the surrounding community is available at www.altafederalhill.com.

About Wood Partners

Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. The company has been involved in the acquisition and development of 90,000 multifamily homes with a combined capitalization of $17 billion. The company currently owns 70 properties across the United States representing more than 20,000 homes. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates Wood Residential, an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For two years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.

CHARLOTTE, N.C., Oct. 7, 2021 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, today announced the groundbreaking of its newest luxury residential community—Alta Filament—located in Charlotte, North Carolina. With construction currently underway, the community is scheduled to officially open in late 2022.

Once fully complete, Alta Filament will offer 352 apartment homes complete with one-, two- and three-bedroom floor plans. The units will feature sophisticated urban accents and high-end finishes including white quartz countertops, frameless rustic wood grain cabinetry, brushed nickel hardware, stainless steel appliances, front-load washer and dryer sets, contemporary regency grey wide-plank flooring and classic white subway tile throughout the kitchen and bathrooms.

Alta Filament will also cater to residents with a wide range of elite amenities including a resort-style pool with cabanas and retractable canopies, an outdoor courtyard with hammocks, an outdoor kitchen, BBQ stations and firepits, a pet wash area, a do-it-yourself bike repair shop, and a 24-hour fitness club with indoor/outdoor workout space. Inside the property’s club house, residents have access to a fully-equipped podcast studio, high-tech conference and multimedia rooms, the Exchange Club co-work space and much more.

“We are excited to finally be breaking ground on Alta Filament, which will be Wood Partners’ third property located in Charlotte’s thriving NoDa neighborhood,” said Carter Siegel, Executive Managing Director for Wood Partners. “As the neighborhood continues to grow and evolve, we look forward to opening Alta Filament and providing new luxury living options for residents moving to this fun and eclectic area.”

Located on 21^st Street in the city’s burgeoning North Davidson neighborhood (NoDa), the forthcoming property will offer residents easy access to the area’s growing list of local shops, restaurants, and nightlife options just a short walk from the property. In addition, Alta Filament residents will have direct access to the popular Charlotte Greenway Trail, the Blue Line, Cordelia Park and Optimist Food Hall all within minutes of the city’s Uptown district.

“Alta Filament will be conveniently situated along North Davidson, allowing residents to easily enjoy nearby shopping, dining, and entertainment in the NoDa area, or quickly jump on the Greenway Trail to enjoy the gorgeous 21-acre Cordelia Park,” added Siegel. “We plan to begin pre-leasing for the property in October 2022 and officially welcoming residents later that Fall.”

About Wood Partners
Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. The company has been involved in the acquisition and development of nearly 90,000 multifamily homes with a combined capitalization of $16.5 billion. The company currently owns 70 properties across the United States representing more than 20,000 homes. Headquartered in Atlanta, Wood Partners has offices in 21 major markets across 14 states nationwide. The company also operates Wood Residential, an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For two years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.