Month: August 2023

RALEIGH, N.C., Aug. 25, 2023 /PRNewswire/ — Wood Partners—a leading national multifamily real estate developer—this week announced the grand opening of its newest high-end residential community, Alta Vale, located in Raleigh, N.C. The property hosted a grand opening celebration, “Viva la Vale“, this past week for neighbors and residents.

Located at 4710 Mint Leaf Lane, Alta Vale sits just outside the Raleigh Beltline (I-440), with quick access to the Lake Boone medical office corridor, Umstead State Park, and the new Bandwidth headquarters. In addition, residents will benefit from being within minutes of an array of retail and dining options, and having direct, on-site access to Raleigh’s Greenway Trail system.

“Wood Partners is thrilled to announce the grand opening of Alta Vale, an exceptional community that we believe offers a rare combination of great access to major employment hubs within Raleigh, while being surrounded by green space,” said Caitlin Shelby, Managing Director at Wood Partners. “Our motto at Alta Vale is ‘discover how natural city living can be.’ We think residents will enjoy having a quick commute to work or school, while being able to retreat to nature when the day is done.”

Alta Vale offers 306 unique apartment homes consisting of custom-designed studio, one-, two- and three-bedroom floor plans. Each home features high-end fixtures and finishes, including kitchens complete with stainless steel appliances, white quartz countertops, spacious kitchen islands, modern cabinetry, and elegant white subway tile backsplash. Throughout the home, residents will enjoy large walk-in closets, spacious balconies, in-unit washer and dryer sets, and USB outlets.

Across the community, Alta Vale offers a variety of amenities for its residents to enjoy, such as outdoor lounges featuring a resort-style pool and firepits, comfortable seating areas, outdoor kitchen, hammock grove, and pet park and spa. Inside, residents can take advantage of the community’s spacious indoor/outdoor fitness center, co-working spaces, and game room.

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 more than 95,000 multifamily homes with a combined capitalization of $20 billion. The company currently owns 80+ properties across the United States representing more than 25,000 units, as well as providing property management for an additional 55 third-party assets representing 14,000 units. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For four years running, Wood Partners has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.

ATLANTA , Aug. 15, 2023 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate management, has once again secured the top spot in the 2023 Division ORA Power Ranking for online reputation. This marks the fourth consecutive year the management company has achieved this remarkable feat, solidifying Wood Partners’ position as a leader in the industry. The company’s outstanding performance within Division II (20,000 to 33,887 units) has earned them the No. 1 ranking among similarly sized organizations across the U.S.

Additionally, for the third consecutive year, Wood Partners has attained the highest overall score across the leading three out of five divisions. These three divisions encompass all companies managing 10,000+ units, highlighting Wood Partners’ consistent excellence in real estate management on a larger scale.

J Turner Research introduced the Division ORA Power Ranking in 2019 to acknowledge companies overseeing more than 2,000 units for their exceptional online reputation management. The ranking evaluates companies by their Online Reputation Assessment (ORA®) Score, which serves as the recognized industry standard for assessing and comparing a property or company’s online reputation within the multifamily sector.

“For apartment residents, nothing matters more than thoughtful service and an exceptional living experience. When companies follow a top-down approach to consistently focus on the resident experience and stay on top of their online reputation, they see repeated success in our ORA Power Rankings. Congratulations to Wood Partners team for ranking number one in our Division Ranking for the fourth consecutive year,” said Joseph Batdorf, President of J Turner Research.

“Customer service and reputation management are paramount in gauging our success at Wood Partners,” said Josh Lloyd, Executive Vice President of Operations for Wood Partners. “As our property portfolio expands, our unwavering commitment remains steadfast in providing unparalleled customer service to our residents, investors, and third-party management clients. We acknowledge the rising importance of online reputation among competitors, making us particularly proud of our teams for surpassing expectations and securing this prestigious recognition from J Turner for the fourth consecutive year.”

Developed by J Turner Research, the ORA Power Ranking is a monthly, independent ranking of apartment properties and management companies based on their ORA scores. The ORA score is an aggregate compilation of a property’s ratings across various review sites and ILSs and serves as a benchmark to compare a company’s properties and portfolios nationally, regionally and against the competition. Each month, J Turner Research monitors the online ratings and reviews of more than 139,000 properties nationwide to inform the rankings published by Multifamily Executive.

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 more than 95,000 multifamily homes with a combined capitalization of $20 billion. The company currently owns 80+ properties across the United States representing more than 25,000 units, as well as providing property management for an additional 55 third-party assets representing 14,000 units. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For four years running, Wood Partners has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.

Contact: Donya Mansoorian, BCWWoodPartners@bcw-global.com

About J Turner Research
J Turner Research is an independent research company focused exclusively on the multifamily industry for almost two decades. It is the only company to monitor the online reviews and ratings of 139,000+ properties nationwide. J Turner pioneered the Online Reputation Assessment (ORA^®) score, which serves as the multifamily industry standard to measure, benchmark, and compare a property/company’s online reputation. The company is the national leader in enhancing resident satisfaction through intelligent resident and prospect survey programs, quantifiable action plans, customized training, and review response service. For more information, visit www.jturnerresearch.com.

KATY, Texas , Aug. 2, 2023 /PRNewswire/ — National multifamily real estate development leader Wood Partners today announced the official groundbreaking of its latest residential community, Alta Grandway, located just west of Houston in Katy, Texas. With construction on the project already well underway, Alta Grandway is expected to begin pre-leasing early next year and officially welcome residents home by May 2024.

Positioned at 2110 Grandway Drive, Alta Grandway is nestled in one of the most sought-after residential communities in the Greater Houston region. Conveniently situated adjacent to I-10, the forthcoming property will offer residents direct access to a wide range of nearby retail choices, including Grand Morton Town Center, which is home to leading retailers and restaurants including Kroger, HomeGoods, Petco, Starbucks, Chick-fil-A and more. Residents of Alta Grandway will also benefit from the community’s proximity to many of the city’s top employers, including Texas Medical Center-West Campus (Houston Methodist, Texas Children’s and MD Anderson), Memorial Hermann Katy, Toshiba and Katy ISD, as well as various corporate headquarters, such as Shell Exploration and Production, BP North America, Igloo and Academy Sports + Outdoors. In their down time, there are also several nearby outdoor recreational spaces for future residents to explore and enjoy, including Mary Jo Peckham Park, Katy Park and Mason Creek Hike and Bike Trail.

“We are thrilled to break ground on Alta Grandway,” said Bart Barrett, Managing Director for Wood Partners. “The community’s location offers prospective residents a reasonable cost of living, access to exceptional nearby employment opportunities, and is zoned to the award-winning school district Katy ISD. Wood Partners is excited to continue our growth in the greater Houston market and create remarkable living experiences for our future residents.”

Once complete, Alta Grandway will offer 336 apartment homes across the garden-style community comprised of one-, two- and three-bedroom custom-designed floor plans. Each home will showcase contemporary interior finishes enhanced by high-end fixtures to provide residents with a welcoming, luxurious place to call home. Key interior features include stainless-steel appliance packages, granite countertops, designer tile backsplash, 42″ cabinets and wood-style flooring in the living areas and carpeted bedrooms, as well as full-size in-unit washer and dryer sets for added convenience.

Throughout the Alta Grandway community, residents will be able to take advantage of a diverse range of top-of-the-line amenities, including a resort-style pool and outdoor kitchen, as well as an on-site dog park with an interior dog wash station. Inside, residents will also enjoy the community’s 24/7 state-of-the-art fitness center in addition to a dedicated business center, conference and entertainment spaces and clubroom, which will all feature wireless connectivity, as well as cutting-edge audio/visual technology.

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 more than 95,000 multifamily homes with a combined capitalization of $20 billion. The company currently owns 80+ properties across the United States representing more than 25,000 units, as well as providing property management for an additional 45 third-party assets representing 15,000 units. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For four years running, Wood Partners has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.