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Author: Baylee Snead

Wood Partners Continues Expansion in Houston Market with Groundbreaking of Newest Luxury Apartment Community: Alta Cypress Springs

HOUSTONNov. 28, 2022 /PRNewswire/ — National multifamily real estate development leader Wood Partners announced the groundbreaking of its newest luxury residential community—Alta Cypress Springs—in the thriving Houston suburb of Cypress, Texas. The community is scheduled to open in August 2023, with preleasing beginning in June 2023.

Located on Fry Road just south of FM 529, Alta Cypress Springs will offer the perfect living space northwest of Downtown Houston, with proximity to several major thoroughfares including the Grand Parkway, US 290, and I-10. Residents will have access to a wide variety of shopping, dining, and entertainment options, including several grocery-anchored power centers, Katy Mills Mall,, Typhoon Texas Waterpark, and Andretti Indoor Karting.  Additionally, the community is near George Bush Park, Bear Creek Pioneers Park, and Cullen Park, which all offer walking, running, biking trails, and other recreational spaces.  The property is within the highly rated Cypress-Fairbanks Independent School District and is near 11 major corporate headquarters and other key employers, including Houston Methodist West Hospital, Toshiba, Shell USA, BP North America, Igloo, and Academy Sport + Outdoors.

“Wood Partners is excited to break ground on Alta Cypress Springs, which will serve as the perfect community for young professionals and families in the west Houston area.,” said Bart Barrett, Managing Director at Wood Partners. “It’s a great addition to our Houston portfolio as we grow in response to the needs of the southeast Texas market.

Designed by Design Balance, a boutique architectural firm based in Rockwall, TexasAlta Cypress Springs will offer 330 apartment homes with a mix of one-, two- and three- bedroom floorplans. Each apartment home will come equipped with high-end finishes such as stainless-steel appliances, granite countertops, tile backsplashes, 42″ cabinets, full-size washer and dryer sets, and wood-style flooring throughout the apartment. Resident parking will also be provided with reserved and carport spaces.

Alta Cypress Springs will provide residents with a plethora of Class A amenities, including a resort-style swimming pool, dog park, and outdoor kitchen, as well as a fitness center, clubroom, business center with a conference room and entertainment spaces. All common areas will feature the latest in audio/visual technology, urban living design, and high-speed internet hotspots to ensure connectivity throughout the community.

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 conventional multifamily homes with a combined capitalization of $17.3 billion. The company currently owns more than 70 properties across the United States representing over 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 three years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III).

Contact: Rylie GeraciBCWWoodPartners@bcw-global.com

Wood Partners and PGIM Real Estate Break Ground on New Residential Community in one of Raleigh’s Fastest Growing Areas

RALEIGH, N.C.Oct. 17, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, and PGIM Real Estate, the real estate investment and financing arm of PGIM, today announced groundbreaking of the partnership’s residential community—Alta Town Center—located in Raleigh, North Carolina. With construction currently underway, the community is scheduled to officially open in fall 2023 with pre-leasing to begin in summer 2023.

Located on Town Center Drive in one of Raleigh’s fastest growing areas, Alta Town Center will provide immediate access to nearby I-540 and Capital Boulevard, enabling residents to travel throughout the Triangle area with the greatest of ease. Within minutes of the property, top retail locations — including Triangle Town Center Mall, Poyner Place and Plantation Point — will offer a wide range of retail and dining options for future residents to enjoy. As a result of the area’s ongoing development, residents will have numerous employment opportunities nearby, including communications leader Bandwidth, as well as Apple, Google, Fidelity, and Fujifilm, which are all in the process of constructing new campuses in the Raleigh area.

“Wood Partners is excited to continue expanding its footprint within the North Carolina Triangle area with the groundbreaking of our latest property in Raleigh, Alta Town Center,” said Caitlin Shelby, Managing Director for Wood Partners. “As the Raleigh area continues to experience a massive amount of growth and development, we are thrilled to soon offer Wood Partners’ signature approach to comfortable living at an attainable cost and look forward to welcoming our first residents home next fall.”

Once complete, Alta Town Center will offer 336 apartment homes comprised of one-, two- and three-bedroom floor plans. While priced at attainable levels, all homes will feature sophisticated urban accents and high-end finishes including stainless steel appliances, granite countertops, tile backsplash, in-unit washer and dryer sets, and wide-plank flooring throughout.

Alta Town Center will also cater to residents with a wide range of attractive community amenities including a resort-style pool and courtyard, outdoor grilling and lounge areas, outdoor fitness equipment, and an on-site pet park and pet spa. Inside the community club house, residents will have access to a state-of-the-art fitness center, coworking spaces, and ample room for socializing with other residents within the hospitality bar and game room.

PGIM Real Estate invested in Alta Town Center through Impact Value Partners (IVP), its private equity impact fund that invests in affordable housing and transformative development in the U.S.

Soultana Reigle, senior portfolio manager, U.S. value-add strategies at PGIM Real Estate, commented “Alta Town Center will benefit from its position within one of the Raleigh metro’s highest performing submarkets in terms of rent growth, driven by its proximity to employment and relative affordability. Additionally, the property will expand affordable living options for Raleigh residents, providing naturally occurring affordable housing at 80% of the area median income.”

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 conventional multifamily homes with a combined capitalization of $17.3 billion. The company currently owns more than 70 properties across the United States representing over 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 three 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.

About PGIM Real Estate

As one of the largest real estate managers in the world with $206.8 billion in gross assets under management and administration,1 PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. PGIM Real Estate is a business of PGIM, the $1.4 trillion global asset management business of Prudential Financial, Inc. (NYSE: PRU).

PGIM Real Estate’s rigorous risk management, seamless execution, and extensive industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing,2 and the deep local expertise of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that ignite positive environmental and social impact, while pursuing activities that strengthen communities around the world. For more information visit pgimrealestate.com.

1 As of June 30, 2022, net AUM is $136.3 billion and AUA is $45.6 billion.
2 Includes legacy lending through PGIM’s parent company, PFI.

CONTACT: Rylie Geracibcwwoodpartners@bcw-global.com

Wood Partners Breaks Ground on 18-Acre Wooded Site Outside Portland: Alta Amberglen

HILLSBORO, Ore.Sept. 15, 2022 /PRNewswire/ — Leading national multifamily real estate developer Wood Partners today announced the official groundbreaking of the company’s latest luxury residential community, Alta Amberglen, located just west of Portland in Hillsboro, Oregon. With construction of the project now underway, the community is scheduled to officially open in 2024.

Located at the intersection of NE Eckert Drive and Walker Road in Hillsboro, residents of Alta Amberglen will enjoy easy access to downtown Portland either via a 20-minute drive or a nearby transit connection to the TriMet Lightrail System. Convenient shopping, dining and entertainment options can be found just one mile from the property within the Tanasbourne retail areas, including Whole Foods, Target, REI and more. Additionally, residents will enjoy a convenient commute to some of the Portland area’s top employers, including Nike, Intel, Oracle, Microsoft, and Salesforce.

“Wood Partners is excited to take the next step in expanding our footprint within the Pacific Northwest with the groundbreaking of our newest property in the Portland metro area, Alta Amberglen,” said Michael Nagy, Managing Director for Wood Partners. “The community will be situated in the transforming Amberglen neighborhood, which is attracting a multitude of residential, commercial, and mixed-use development projects. As the area continues to grow, we look forward to serving its residents and providing a comfortable and convenient place to call home.”

Once complete, Alta Amberglen will offer 326 luxury apartment homes comprised of one-, two- and three-bedroom floor plans, as well as full townhome options. Each home will feature sophisticated urban accents and high-end finishes including kitchens in two color palettes, stainless steel appliances, quartz countertops, tile backsplash, in-unit washer and dryer sets, and wide-plank flooring throughout.

Alta Amberglen will also provide residents with numerous attractive amenities throughout the community, most notably an on-site pocket park on the south side of the property, as well as a larger 10-acre wooded area and natural stream within the community’s 18-acre site. Inside the community’s common areas, residents can also take advantage the state-of-the-art fitness center featuring a yoga studio, multiple co-working spaces, a game room with golf simulator, a podcast studio, and ample room for socializing with fellow residents.

Preleasing for Alta Amberglen is set for late 2023 and will be managed by Wood Residential. For more information, visit WoodPartners.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 nearly 90,000 conventional multifamily homes with a combined capitalization of $17.3 billion. The company currently owns more than 70 properties across the United States representing over 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 three 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.

Contact: Rylie GeraciBCWWoodPartners@bcw-global.com

SOURCE Wood Partners

Wood Partners Breaks Ground on Company’s First Luxury Residential Community in Irving, Texas –Alta Riverside

IRVING, TexasSept. 13, 2022 /PRNewswire/ — National multifamily real estate development leader Wood Partners today announced groundbreaking on its newest luxury residential community—Alta Riverside—in Irving, Texas. Located near the intersection of President George Bush Turnpike and IH-635, Alta Riverside marks Wood Partners’ first development in Irving, Texas. The community is scheduled to open in July 2023, with preleasing beginning in May 2023.

The forthcoming community will offer residents easy access to Dallas’ newest master-planned community, Cypress Waters, which contains over 15 restaurants and 45,000 sq. ft of storefront retail centered around a serene 300-acre lake. Residents will also have access to the Dallas Galleria, which offers over 200 stores and restaurants, including Nordstrom, Macy’s, Louis Vuitton, and more. The community will also be positioned close to many of the area’s top employers, including Fluor, Citi, Verizon, McKesson, and Wells Fargo, which just announced a new 800,000 sq. ft facility bringing an additional 4,000 jobs to the area.

“Wood Partners is thrilled to be joining the thriving community of Irving as we officially break ground on Alta Riverside, our first development in the area,” said Ryan Miller, Managing Director at Wood Partners. “In addition to Alta Riverside, Wood Partners will start construction on over 1,100 units throughout Northern Texas in 2022, and we look forward to introducing a new level of luxury living as we expand our footprint in this growing marketplace.”

Once complete, Alta Riverside will offer 280 apartment homes with studio, one-, and two-bedroom layouts to choose from. Each apartment home will feature high-end interior finishes with granite countertops, stainless steel appliances, upgraded fixtures, soft close cabinets, and wood-style flooring.  For added convenience, homes will also include keyless entry, built-in Bluetooth speakers, and in-unit washer and dryers.

Alta Riverside will also cater to residents with a wide range of top-notch community amenities including a resort-style swimming pool with tanning ledges, outdoor fire pits and grilling areas in the central courtyard, and an oversized dog park. Inside the community clubhouse, residents will be able to take advantage of the property’s state-of-the-art fitness facility with yoga capabilities, as well as numerous communal spaces for social gatherings and co-working needs. The community will also provide an expansive and private green space at the rear of the site, which is a unique bonus for a midrise complex in an urban area.

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 conventional multifamily homes with a combined capitalization of $17.3 billion. The company currently owns more than 70 properties across the United States representing over 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 three 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.

Contact: Nailah Smith, BCWWoodPartners@bcw-global.com

SOURCE Wood Partners

Wood Partners Opens Industrial-Inspired Community in Warehouse District of Downtown Phoenix

PHOENIXAug. 23, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, today announced the grand opening of its latest luxury residential community, Alta Warehouse District.

Located at 402 W Lincoln Street in the historic Warehouse District of Downtown Phoenix, Alta Warehouse District is the third Wood Partners project to open in Downtown Phoenix. The community offers the perfect living space for professionals and students with its edgy, industrial-inspired look and feel. Alta Warehouse District was designed by CCBG Architects, a longtime business owner in the Warehouse District. Residents have access to a wide variety of local dining, shopping, and entertainment options within walking distance of the community, such as the world-renowned Pizzeria Bianco, Cobra Arcade Bar, and the Orpheum Theatre. Major attractions include Chase Field, Footprint Center, Symphony Hall, Arizona Federal Theater, and several other popular venues for residents to enjoy sporting events, concerts and more. Arizona State University Downtown Campus and other postsecondary educational institutions are also nearby.

“We are pleased to be one of the first communities to open in the Warehouse District with the unveiling of Alta Warehouse District,” said Clay Richardson, Managing Director for Wood Partners. “This modern, industrial-inspired community will serve as the perfect location for professionals looking to put down roots in the neighborhood and explore all that downtown Phoenix has to offer.”

Alta Warehouse District offers 300 apartment homes comprised of studio, one-, two- and three-bedroom floorplans with many homes offering sweeping, unobstructed views of the Downtown Phoenix skyline. Each apartment home features top-of-the-line interior finishes including stainless steel appliances, quartz countertops, tile backsplashes, and plank vinyl flooring. For added convenience, the homes also offer smart thermostats and electronic door entry and select units come with integrated audio packages.

Throughout the community, residents can take advantage of an abundance of thoughtful amenities, including an oversized lounge pool, an on-site dog park and bike shop, and a rooftop deck with grilling stations and views of downtown. Inside the clubhouse, residents can enjoy the community’s exclusive speakeasy and cocktail lounge, as well as a professional fitness center and yoga studio. Additional amenities include a club room with a 12-foot TV wall, games and a photobooth, music and podcasting room, conference spaces and private micro-offices, and a complimentary coffee bar and cybercafé. An onsite convenience market offers residents grab-and-go snacks, cold market options, a variety of alcoholic drinks, and sundries at their convenience.

Alta Warehouse District is now leasing and managed by Wood Residential. For more information, visit altawarehousedistrict.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 nearly 90,000 conventional multifamily homes with a combined capitalization of $17.3 billion. The company currently owns more than 70 properties across the United States representing over 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 three 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.

Contact: Rylie GeraciBCWWoodPartners@bcw-global.com

SOURCE Wood Partners

Wood Partners Breaks Ground on Newest Luxury Community in Conroe, Texas, One of the Fastest Growing Cities in America

CONROE, TexasAug. 9, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, today announced the groundbreaking on the company’s latest luxury residential community, Alta Sergeant, located in Conroe, TexasAlta Sergeant is scheduled to open in May 2023 with pre-leasing expected to begin early next year.

Located just north of HoustonConroe continues to experience tremendous growth stimulated by major corporate relocations and business expansion, earning the community recognition as one of the fastest growing cities in America since 2010. Situated along Interstate 45, Alta Sergeant residents will have easy access to nearby retail, dining and entertainment options including Conroe Marketplace and the mixed-use development Grand Central Park. The community’s prime location also offers proximity to major employers in The Woodlands, which boasts more than 38,000 jobs from 70+ corporations including ExxonMobil, Conroe ISD, and Hewlett Packard.

“As one of the fastest growing markets in the Houston area, we see a tremendous amount of opportunity throughout the area,” said Bart Barrett, Managing Director of Wood Partners. “Wood Partners is looking forward to playing a role in the on-going growth and development in the Conroe area as we break ground on our newest luxury community, Alta Sergeant.”

Once complete, Alta Sergeant will feature 354 apartment homes offering a mix of one-, two- and three- bedroom floorplans. With a perfect balance of comfort and luxury, each home will feature high-end interior finishes including stainless steel appliances, granite countertops, tile backsplashes, 42″ cabinets, and wood style flooring throughout the kitchen, living room and bathrooms. Residents will also enjoy the added convenience of in-home washer and dryer sets, as well as surface parking and carports available on-site.

Alta Sergeant will offer a wide range of desirable amenities including a resort-style pool, outdoor kitchen, and dog park, as well as a state-of-the-art fitness center, clubroom, business center, and multiple conference and entertaining spaces. All common areas will also feature high-speed wireless internet and the latest in audio/visual technology to provide residents with full connectivity across the entire community.  Outside the community, residents can also enjoy the many outdoor activities Conroe has to offer including golf, hiking, and biking, as well as Lake Conroe, which offers fishing, boating, water skiing, and more.

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 90,000 multifamily homes with a combined capitalization of $17.5 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 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 three 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.

Contact: Nailah SmithBCWWoodPartners@bcw-global.com

SOURCE Wood Partners

Wood Residential Earns Third Consecutive Online Reputation Win in J Turner’s 2022 Division ORA® Power Rankings

Atlanta, GA (August 9, 2022) – For the third consecutive year, Wood Residential, a national leader in multifamily real estate management, has earned the No. 1 ranking for online reputation in the 2022 Division ORA Power Ranking. The management company officially achieved this distinction within Division III (10,000 to 19,999 units).  And for the second straight year, Wood Residential also posted the highest overall score across the top three out of four divisions (these three divisions comprise all companies managing 10,000+ units).

The Division ORA Power Ranking was introduced by J Turner Research in 2019 to recognize companies that manage over 2,000 units for excellence in online reputation. Companies are ranked based on their Online Reputation Assessment (ORA®) Score—the multifamily industry standard to measure and benchmark a property/company’s online reputation.

“At Wood Residential, our success is measured first and foremost by our customer service and reputation management,” said Steve Hallsey, Managing Director for Wood Residential. “As our portfolio of properties continues to grow, we remain focused on consistently delivering the highest level of customer service for our residents, investors, and third-party management clients. We know that our competitors are increasingly focused on online reputation as well, so we are particularly proud of our teams for raising the bar once again to earn this top designation from J Turner for the third straight year.”

This impressive recognition is the latest victory for Wood Residential in 2022 after earning numerous individual property honors from J Turner Research earlier this year. In January, 14 Wood Residential properties earned the Elite 1% ORA Power Ranking for finishing among the top 1% of properties nationwide for online reputation, including seven that were ranked in the Top 100 in the nation. Additionally, in April Wood Residential earned top marks in J Turner’s State Power Rankings, with eight properties winning Top 10 awards for their state, highlighted by five properties that ranked in the Top 3.

“Wood Residential has maintained a consistent focus on doing what is right for their residents, which has led to significant gains in their online reputation. The company has increased its ORA score by more than five points since last year, and its properties have featured in multiple ORA Power Rankings for their high scores. Congratulations to the entire team for ranking number one in our Division Ranking for the third consecutive year,” said Joseph Batdorf, president of J Turner Research.

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 128,000 properties nationwide to inform the rankings published by Multifamily Executive.  For June 2022, the national average ORA score across all tracked properties was 62.79. Wood Residential’s award-winning score in June was 88.22, an impressive 40% higher than the national average.

 

About Wood Residential
Wood Residential is an award-winning, full-service, property management company that proudly operates communities developed both by Wood Partners and third-party developers. For three years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). Wood Residential is an affiliate company of Wood Partners, a group of limited liability companies. Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. Wood Partners has been involved in the acquisition and development of more than 90,000 multifamily homes with a combined capitalization of $17.5 billion nationwide. The companies currently own over 70 properties across the United States with a combined total of more than 20,000 multifamily homes. Headquartered in Atlanta, GA, Wood Partners has offices in 22 major markets across 15 states nationwide. For more information, visit woodpartners.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 128,000+ 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.

Wood Partners Enters Growing Market of San Marcos with Groundbreaking of Newest Luxury Community: Alta Center Point

SAN MARCOS, TexasAug. 2, 2022 /PRNewswire/ — Building on the momentum from its recent growth within the Austin market, national multifamily real estate development leader Wood Partners today announced the imminent groundbreaking of its newest luxury residential community—Alta Center Point—in San Marcos, Texas. Located just south of Austin, Alta Center Point marks Wood Partners’ first development in the San Marcos area, which has been consistently ranked as one of the fastest growing U.S. cities. Construction on the property will begin at the end of August, and the community is scheduled to open for leasing in Fall 2023.

Located at 625 Gregson Bend, the forthcoming community’s placement along the I-35 corridor will provide residents a quick route to downtown San Marcos’ various shopping, dining, and entertainment options. Nearby Austin and San Antonio also provide retail, entertainment, and employment options. Residents of Alta Center Point will be near several of the area’s leading employers including Amazon, Texas State University, HEB and Tanger Outlets, which provide more than 27,000 jobs within a 10-mile radius of the community.

“Wood Partners is thrilled to be joining the thriving San Marcos community as we officially break ground on our first development in the area,” said Bart Barrett, Managing Director at Wood Partners. “As we continue forward with Alta Center Point, we are focused on providing our residents with unparalleled community and a great place to call home.”

Wood Partners is co-developing Alta Center Pointe with Pursuant Ventures Development, led by Tyler Sibley.

Once complete, Alta Center Point will offer 330 apartment homes, providing a mix of one-, two- and three-bedroom floor plans. Each home features warm, modern accents complete with top-of-the-line fixtures and finishes including stainless steel appliances, granite countertops, tile backsplash, and 42″ cabinets, as well as in-home washer and dryer sets and wood-style flooring throughout the kitchen, living room and bathrooms. Select homes featuring an upgraded Smart Package, providing residents with advanced technology and security offerings for added convenience.

Throughout the community, Alta Center Point residents will also have a plethora of attractive amenities at their disposal including a resort-style pool, an outdoor kitchen, and an on-site dog park. Within the community clubroom, residents will also have access to a high-tech fitness center, a conference area with multiple personal workspace offices, and a variety of entertaining spaces.

Outside the property, residents can also enjoy the host of outdoor recreational activities San Marcos is widely known for. From hiking in the area’s multiple nature preserves to taking a dip in the spring-fed San Marcos River for tubing, kayaking or paddleboarding, residents will have no shortage of options for outdoor exploration.

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 90,000 multifamily homes with a combined capitalization of $17.5 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 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.

CONTACT: Rylie GeraciBCWWoodPartners@bcw-global.com

SOURCE Wood Partners

Wood Partners Introduces Signature Luxury Living in San Antonio with Groundbreaking of Alta Rolling Oaks

SAN ANTONIOJuly 20, 2022 /PRNewswire/ — National multifamily real estate development leader Wood Partners today announced the groundbreaking of its newest luxury residential community—Alta Rolling Oaks—in San Antonio. With construction underway, Alta Rolling Oaks is scheduled to open in May 2023 with pre-leasing expected to begin early next year.

Situated along North Loop 1604 in North Central San Antonio, Alta Rolling Oaks will offer easy access to shopping, dining and entertainment areas throughout the entire city including The Forum at Olympia, Bulverde Marketplace and the famed thoroughbred and quarter horse racetrack, Retama Park. The community’s prime location will also provide residents with a plethora of job opportunities from top employers including Amazon, the US Postal Service and Randolph Air Force Base, as well as the largest concentration of cybersecurity companies outside of Washington, D.C. with more than 40 firms located in the San Antonio area.

“Wood Partners is thrilled to break ground on Alta Rolling Oaks, our latest luxury property in San Antonio,” said Bart Barrett, Managing Director for Wood Partners. “The area’s continued growth, attractive employment opportunities and vibrant history make it an ideal location for our newest community, and we very much look forward to bringing our mix of comfort and sophisticated living to San Antonio.”

The property will feature 366 apartment homes with a mix of one-, two- and three-bedroom floorplans. Featuring modern, urban design elements, each apartment comes complete with top-of-the-line luxury finishes including stainless steel appliances, granite countertops, 42″cabinets, and tile backsplashes, as well as wood-style plank flooring, and in-home washers and dryers. Alta Rolling Oaks will also feature a variety of top-tier community amenities for residents to enjoy including a resort-style swimming pool, on-site walking trail, outdoor kitchen and dog park, as well as a community clubroom featuring a state-of-the-art fitness center, conference and entertainment spaces, business center and more.

Outside the community, residents can also take advantage of the many attractions that make San Antonio one of the leading tourist destinations in the state. Top attractions in the area offer a mix of history and culture from the San Antonio River Walk to The Alamo, as well as fun and excitement with Six Flags Fiesta Texas and SeaWorld San Antonio.

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 90,000 multifamily homes with a combined capitalization of $17.5 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 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.

Contact: Rylie GeraciBCWWoodPartners@bcw-global.com

SOURCE Wood Partners

Wood Partners Opens Doors to Scenic Views from Newest Luxury Community Outside Boston

WAYLAND, Mass.July 18, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, announced today the official grand opening of its latest luxury residential development, Alta Oxbow, located just outside Boston in Wayland, Massachusetts.

The new community is located at 492 Boston Post Road and features seasonal views of the nearby Sudbury River and surrounding marshlands that are home to protected birds and other wildlife. Oxbow’s prime location will also place residents in proximity to Wayland Town Center, Route 20 retail, and the Wayland Public Library, in addition to offering direct access to a wide variety of local dining, retail, grocery, and entertainment options.

“We are excited to officially open the doors to Wood Partners’ latest community—Alta Oxbow—just 20 miles west of Boston in beautiful Wayland,” said Jim Lambert, Managing Director at Wood Partners. “The community will provide residents with access to the modern home finishes and amenities that Wood Partners is known for while enabling them to also take in the scenic views and wildlife of the Sudbury River.”

Alta Oxbow offers 218 apartment homes consisting of one-, two- and three-bedroom floor plans situated across three buildings. The community includes 66 units specifically tailored to residents 55 and older, providing a luxurious place to call home at any age. Each spacious home features high-end finishes, including luxurious kitchens outfitted with Samsung energy-efficient appliances, shaker cabinets and quartz countertops, luxury wide plank flooring throughout and modern roller shades. Select homes also include large exterior balconies, pendant lighting above the kitchen island, and pristine bathrooms featuring quartz countertops and double vanities.

Residents of Alta Oxbow can also enjoy the casual luxury of the community’s exceptional amenities, including a resort-style swimming pool and spa, two large courtyards, outdoor firepits and grilling stations, and a dog spa. The expansive clubhouse offers even more for residents to take advantage of including a fully outfitted fitness center, co-working spaces and conference room, hobby and craft lounges, an on-site library, a golf simulator and lounge, and a wraparound porch with ample seating.

Alta Oxbow is managed by Wood Residential. Visit https://altaoxbow.com/ for more information.

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 90,000 multifamily homes with a combined capitalization of $17.5 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 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.

Contact: Rylie Geracibcwwoodpartners@bcw-global.com

SOURCE Wood Partners

Wood Partners Welcomes Residents to Assembly Square with Newest Luxury Community Outside Boston

SOMERVILLE, Mass.July 13, 2022 /PRNewswire/ — Leading national multifamily real estate developer Wood Partners today announced the official grand opening of its newest luxury residential development, Alta Revolution, located just outside Boston in Somerville, Massachusetts.

The new community is located at 290 Revolution Road in the thriving Assembly Square district, which offers an eclectic mix of renowned art, music and food unique to the Somerville area. The new community’s prime location provides residents with an ultra-walkable route to nearby retail and entertainment options, including The Row, which features more than 70 shops and restaurants in addition to bowling and a pristine riverfront park. Alta Revolution also places residents in close proximity to some of the area’s top employers, including Mass General Brigham, Puma and a soon to be complete business park featuring lab and office space for leading organizations. For those looking to take advantage of all that the city has to offer, downtown Boston is only five miles away via the Orange Line station, which is located just around the corner from the property.

“We are thrilled to finally welcome residents to Wood Partners’ newest luxury community—Alta Revolution—just outside of Boston in Somerville’s growing Assembly Square district,” said Jim Lambert, Managing Director at Wood Partners. “Our latest community provides residents with the best of both worlds—a walkable, thriving neighborhood to call home with the added convenience of all that downtown Boston has to offer just a few minutes away.”

Alta Revolution offers 329 apartment homes consisting of studio, one-, two- and three-bedroom floor plans, as well as full townhouse apartments across eight floors. Each spacious home features high-end, sophisticated finishes complete with luxurious chef’s kitchens outfitted with quartz countertops, white tile backsplashes, pendant lighting and stainless-steel Samsung appliances. Elegantly designed bathrooms offer quartz countertops, tub and shower surrounds and LED backlit mirrors to welcome residents home after a long day. Additional luxe finishes include wide plank flooring, full-size in-unit washer and dryer sets, sun blocking roller shades, large walk-in closets and Schlage Control smart locks.

Residents of Alta Revolution will also enjoy the community’s wide range of sophisticated amenities, including a resort-style swimming pool complete with sundeck, hot tub and outdoor showers, a relaxing courtyard and firepit area featuring communal dining and outdoor games, an outdoor entertainment space with grilling stations, lounge seating, TV and fireplace and an on-site dog park and pet spa. Just inside the community clubhouse, Alta Revolution offers even more for residents to take advantage of including a state-of-the-art fitness center, indoor lounge with community kitchen and coffee station, a private meeting and dining room, a dedicated creative studio with sound booths and work stations, and a game room complete with billiards, shuffle board, air hockey and more.

Alta Revolution is managed by Wood Residential. Visit https://altarevolution.com/ for more information.

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 90,000 multifamily homes with a combined capitalization of $17.5 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 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.

Media Contact:

Nailah Smith

BCWWoodPartners@bcw-global.com

Wood Partners Breaks Ground on First Standalone Townhome Development: Alta Wildhorse Ranch in Austin

AUSTIN, TexasJuly 12, 2022 /PRNewswire/ — Wood Partners— a leader in national multifamily real estate development—today announced the groundbreaking of Alta Wildhorse Ranch, its newest luxury residential community in Austin, Texas. While Wood Partners is no stranger to the Austin market, Alta Wildhorse Ranch stands out as the company’s first standalone townhome community, offering additional privacy and convenience for future residents. With construction currently underway, Alta Wildhorse Ranch is scheduled to open in Spring 2023 with pre-leasing expected to begin early next year.

Located directly off Highway 290 and Texas SH-130, Alta Wildhorse Ranch will offer residents easy access to a variety of downtown Austin’s top retail, entertainment, and dining options, as well as many of the area’s leading employers including Samsung and Tesla. For those looking to take advantage of the city’s unique “Hill Country” landscape, the community will also be adjacent to Austin’s largest park, Walter E. Long Metropolitan Park, which provides outdoor enthusiasts with hiking and biking trails, picnic areas, volleyball courts and more.

“As growth within Austin continues to boom, we are thrilled to break ground on Alta Wildhorse Ranch, Wood Partners’ first standalone for-rent townhome development,” said Bart Barrett, Managing Director for Wood Partners. “Alta Wildhorse Ranch represents our fifth project currently under construction in the Austin market, and we are excited to expand our product type to for-rent townhomes to meet the evolving needs of our residents.”

At completion, the property will be comprised of 266 townhomes with a mix of one-, two- and three-bedroom floorplans. Featuring high-end, modern interiors, each townhome will come fully outfitted with a variety of luxurious finishes including stainless steel appliance packages, granite countertops, tile backsplash, 42″ cabinets, and wood-style flooring, as well as full-sized in-unit washer and dryers. For added convenience and security, all townhomes will also have private yards, as well as attached garages.

Throughout Alta Wildhorse Ranch, residents will be able to enjoy an array of top-tier community amenities including a resort-style swimming pool, an outdoor kitchen, and a dog park. The property will also feature a community clubroom highlighted by a state-of-the-art fitness center, conference and entertainment spaces, and a business center.

As the Austin area continues to expand, residents of Alta Wildhorse Ranch will be conveniently located near several exciting developments, including Wildhorse Ranch, a new 1,450-acre planned community known as “The New Edge of Austin.” Situated in Austin’s New Tech Corridor, the forthcoming development will soon offer parks, shops, and offices for residents to enjoy. In addition, a proposed rail station and two public elementary schools are being finalized to benefit families throughout the community.

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 90,000 multifamily homes with a combined capitalization of $17.5 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 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.

CONTACT: Nick Fischernick.fischer@bcw-global.com

Wood Partners Welcomes Residents to North Austin’s Newest Luxury Living Community–Alta Leander Station

LEANDER, TexasJune 15, 2022 /PRNewswire/ — Leading national multifamily real estate developer Wood Partners today announced the official grand opening of its newest luxury residential development, Alta Leander Station, located just north of Austin in Leander, Texas.

Situated at 348 Main Street, the new community provides a prime North Austin location for residents looking to take advantage of all the eclectic city has to offer, from best-in-class shopping and entertainment to renowned dining and nightlife options. Located just off Highway 183, Alta Leander Station also provides quick access to nearby residential communities like Round Rock and Cedar Park, as well as downtown Austin via the CapMetro station adjacent to the community, which offers a direct route to downtown.

“We are thrilled to welcome residents to Wood Partners’ newest community—Alta Leander Station—as we continue to see unprecedented amounts of growth and development taking place in North Austin ,” said Bart Barrett, Managing Director. “Alta Leander Station’s location provides the perfect balance of work and play opportunities and enables residents to enjoy all that Austin has to offer.”

Offering 276 apartment homes consisting of studio, one-, two- and three-bedroom floor plans, Alta Leander Station raises the bar for comfort and sophistication with luxurious finishes and thoughtful interior details. Each home boasts an airy, open concept layout with luxurious kitchens complete with stainless steel Whirlpool appliances, custom 42″ cabinets, granite countertops, and designer tile backsplashes. Custom plank flooring is featured throughout, providing an added touch of warmth, while full-size in-home washer and dryer sets further boost the convenience factor.

Just outside their doors, residents of Alta Leander Station will also enjoy the community’s outstanding amenities, including a resort-style swimming pool with an expansive sundeck, an outdoor kitchen and grilling areas, and an on-site pet play area. Inside the community clubhouse, residents have access to a 24/7 high-end fitness center complete with Precor equipment and technology, co-working offices, and multiple lively entertainment spaces. In addition, a nature trail adjacent to the community provides the perfect place to take a stroll in the great Texas outdoors.

As growth within the Austin area continues to boom, residents have an ideal location close to several new attractions including Northline, Leander’s new 116-acre downtown district. Situated just north of the community, this in-progress development area will soon offer additional shopping, dining, and office options. In addition, Apple is finalizing development of its new 3 million square foot campus, which is set to house more than 5,000 employees when it opens later this year.

Alta Leander Station is managed by Wood Residential. Visit https://altaleanderstation.com for more information.

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 90,000 multifamily homes with a combined capitalization of $17.5 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 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.

Contact:  
Nick Fischer 
nick.fischer@bcw-global.com