loader image

Accessibility Tools

Skip to main content

Author: Baylee Snead

Wood Partners Continues Rapid Growth in Dallas/Fort Worth with Groundbreaking of Two New Apartment Communities

FORT WORTH, TexasDec. 16, 2021 /PRNewswire/ — National multifamily real estate development leader Wood Partners today announced the groundbreaking of two new luxury residential communities—Alta Landing and Alta Denton Station—located in the Dallas/Fort Worth area. With construction on both projects currently underway, Alta Landing is scheduled to officially open in Spring 2022, while Alta Denton Station is set for open in Fall 2022.

Wood Partners has continued to experience tremendous growth within the Dallas/Fort Worth area under the local leadership of Managing Director Ryan Miller. This year alone, the company closed on four new properties in the area—Alta 3Eighty, Alta at the Farm, Alta Landing and Alta Denton Station—which will add more than 1,100 new units to their portfolio. With the addition of these latest properties, Miller has been responsible for closing more than 7,000 units since joining Wood Partners in 2012.

“Positioned in two of Dallas/Fort Worth’s most sought after areas, Alta Denton Station and Alta Landing will offer residents affordable, Class A accommodations and convenient access to all that the city has to offer, without the added hassles that accompany high-density living,” said Miller. “Residents will be able to easily make their way to nearby shopping, dining, and entertainment, as well as several of the city’s top employers and universities.”

Located north of Dallas in DentonAlta Denton Station will offer 248 units comprised of one-, two- and three-bedroom floor plans. Residences will feature luxurious kitchens complete with granite countertops, stainless steel appliances, upgraded fixtures and tile backsplash, as well as in-unit washer and dryers, and wood plank flooring throughout. The community will also feature a wide range of attractive amenities for residents, including a resort-style pool with courtyard, grilling areas, and pet facilities.  The interior highlights will include a community clubhouse offering a state-of-the-art fitness center, remote working capabilities and seating for social gatherings.

Just 10 miles south of Fort Worth within the 287 Corridor, Alta Landing will provide 270 apartment homes complete with studio, one-, two- and three-bedroom floor plans. Units will be outfitted with high-end interior finishes including granite countertops, stainless steel appliances, tile backsplashes and upgraded fixtures, as well as wood plank flooring and in-unit washer and dryer sets. Alta Landing will also offer a luxurious amenity package including a community clubhouse complete with a state-of-the-art fitness facility, a courtyard with outdoor seating and grilling areas, a dog park and pet pampering facilities, and Wi-Fi availability throughout the community.

“As Wood Partners continues to experience tremendous growth within the Dallas/Fort Worth area, we are thrilled to further expand our footprint with the groundbreaking of Alta Denton Station and Alta Landing,” added Miller. “With Dallas/Fort Worth continuing to grow and generate new employment opportunities and local attractions for residents, we are excited to be moving forward with construction on these two new communities to provide the best in high-end living options.”

Pre-leasing will begin in Summer 2022 for Alta Denton Station and Fall 2022 for Alta Landing.

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.

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

SOURCE Wood Partners

Wood Partners Unveils Latest Luxury Community in Durham, N.C.: Alta Davis

DURHAM, N.C.Dec. 13, 2021 /PRNewswire/ — National multifamily real estate development leader Wood Partners today announced the grand opening of its newest luxury residential community—Alta Davis—in Durham, North Carolina.

Situated at 615 Corbett Street, Alta Davis features 403 units across seven multi-level buildings, offering studio, one-, two- and three-bedroom floorplans to choose from. With the community’s prime location just minutes away from Research Triangle Park (RTP), the nation’s largest research park, as well as the Imperial Center Business Park and Perimeter Park, residents have direct access to more than 65,000 jobs from some of today’s leading companies. Key employers in the area include IBM, Credit Suisse, Cisco, Lenovo, Fujifilm and numerous organizations in the science and technology industries.

“As the Durham area continues to experience tremendous growth, Wood Partners is excited to debut Alta Davis as the city’s newest luxury living community,” said Caitlin Shelby, Managing Director for Wood Partners. “With the continued emergence of new employment opportunities and ongoing development of the city itself, Alta Davis’ location provides residents with ample opportunity to enjoy all that Durham has to offer, within minutes of their front door.”

Each of Alta Davis’ apartment homes feature nine-foot ceilings, designer two-toned walls and an abundance of natural light to provide residents with a calming, luxurious place to call home. Additional luxury finishes include stainless GE appliance packages, white quartz countertops with farmhouse sinks, subway tile backsplash throughout the kitchen and bathrooms, large soaking tubs, wood-style plank flooring and in-unit washer and dryer sets.

Alta Davis will also feature a range of attractive amenities for residents to enjoy, including a saltwater pool with tanning ledges and poolside cabanas, an outdoor kitchen with poolside grills and an on-site pet run and spa. The community’s Club Room also houses a 24/7 fitness center with private yoga studio, a resident café and a co-working area featuring a conference room and micro-offices.

Within minutes of the community, residents have easy access to Interstates 40, 540 and NC-147, making travel throughout the Triangle region a breeze. In addition, residents can sample local cuisine from world-renowned chefs, as well as Durham’s growing list of breweries and local parks optimal for enjoying the city’s beauty.

Alta Davis is managed by Wood Residential. Visit www.altadavis.com for more information or to submit a leasing inquiry.

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.

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

Wood Partners Breaks Ground on Newest Luxury Apartment Community in Austin: Alta Blue Goose

AUSTIN, TexasDec. 2, 2021 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, today announced the groundbreaking of its latest luxury residential community—Alta Blue Goose—located in Austin, Texas. The community is scheduled to officially open by the end of 2022 with pre-leasing expected to begin in late 2022.

“Wood Partners is thrilled to break ground on Alta Blue Goose, which will provide an ideal home for those looking to move to the flourishing East Austin area,” said Bart Barrett, Managing Director for Wood Partners. “This is an exciting addition to our Austin portfolio as we continue to expand our presence in Central Texas.”

At completion, Alta Blue Goose will offer 300 apartment homes comprised of one-, two- and three-bedroom floor plans. Each home will be outfitted with luxurious urban accents and high-end finishes including granite countertops, 42-inch kitchen cabinets, stainless steel appliances, tile backsplashes, in-home washer and dryer sets, and vinyl plank flooring throughout the kitchen, living room and baths. Select units will also feature a smart technology package providing added connectivity and security for residents.

Alta Blue Goose will provide residents with a wide range of attractive amenities including a resort-style pool, an outdoor kitchen with a grilling area, and a dog park. Residents will also have access to a clubroom area that features a state-of-the-art fitness center, business and conference spaces and ample entertainment areas. All common areas throughout the community will feature an urban design motif and will be equipped with high-speed internet hotspots to ensure no shortage of connectivity.

Situated just south of Austin’s thriving tech corridor, the forthcoming property will place residents in proximity to the corporate hubs for Dell, Samsung, Facebook, Tesla, GM and The Home Depot. Alta Blue Goose is also located just adjacent to Wildhorse Ranch, a newly established master planned community, and the $880M transformation of Walter E. Long Metropolitan Park, home to hiking and biking trails, fishing piers and picnic areas.

Alta Blue Goose’s location at the crossroads of HWY 290 and SH 130 provides residents easy access to East Austin’s best shopping, dining, and entertainment options, as well as the city’s largest park, Walter E. Long Metropolitan Park, that is less than a mile from the property,” added Barrett. “To date, Wood Partners has delivered or is currently developing approximately 1,400 units in the Austin market. We are eager to add Alta Blue Goose to our portfolio, and we continue to pursue numerous opportunities in the greater Austin 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 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.

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

Wood Partners Delivers First New Apartment Community in the City of Winter Garden in Over 20 Years

WINTER GARDEN, Fla.Dec. 1, 2021 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, celebrates the grand opening of its newest luxury property, Alta Winter Garden. Located at 1223 East Plant Street, less than one mile west of State Road 429 (Orlando’s “Western Beltway”) in Winter Garden, the ultra-luxury community is comprised of 250 units spread across five buildings, featuring a variety of studio, one-, two- and three-bedroom floor plans.

Alta Winter Garden is the first new apartment community to open in the City of Winter Garden in over two decades, aligning with the City’s development of the “Gateway Overlay District,” which serves as a vibrant, walkable “front door” into historic downtown Winter Garden. The community is situated along East Plant Street, providing residents with direct access to the downtown area and its idyllic brick-lined streets. Downtown Winter Garden offers residents a wide variety of local boutiques, trendy eateries and cultural venues including popular indoor artisan market Plant Street Market, Crooked Can Brewery, and the West Orange Trail. Alta Winter Garden’s prime location also enables residents to easily commute into downtown Orlando for work or play and provides quick access to Walt Disney World Resort and Universal Studios, each only 20 minutes from the property.

The true standout of Alta Winter Garden is the property’s wide array of amenities. The community’s outdoor spaces offer residents a resort-style pool with cabanas, a yoga lawn, beer garden, pet park and dog wash area. Inside, Alta Winter Garden boasts a high-end fitness center with a virtual trainer, a club room complete with a resident lounge, wine bar and social room, as well as a game room. Immediately adjacent to the community, a brand-new city park will offer a direct connection to Winter Garden’s West Orange Trail, providing residents with more than 22 miles of paved trail perfect for walking, jogging, biking and more.

The apartment homes feature sleek kitchens with white quartz countertops, marble tile backsplash, white shaker-style cabinetry, matte black hardware and pendant lighting, and an elegant stainless steel Whirlpool appliance package, including front-control range and side-by-side refrigerator. Wood-style plank flooring is featured throughout select residences, which also include Nest thermostats, electronic door locks with keyless entry, in-unit washers and dryers, USB port electrical outlets, walk-in closets, and oversized balconies.

“Wood Partners is honored to be a part of the distinctive and vibrant Winter Garden community,” said Bryan Borland, Managing Director for Wood Partners. “With Alta Winter Garden, our team has taken great pride in developing a first-class community worthy of its high-profile location at the gateway to Winter Garden’s Downtown Historic District.”

Alta Winter Garden is managed by Wood Residential. Additional information on the property and the surrounding community is available at www.altawintergarden.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.

 

Wood Partners’ Alta Ink Makes its Debut in East Hollywood

LOS ANGELESNov. 18, 2021 /PRNewswire/ — Wood Partners, a national leader in multi-family real estate development, announced today the grand opening of its newest luxury residential community in East HollywoodAlta Ink.

Located at 5750 Hollywood Boulevard, Alta Ink features 161 boutique-style residences, offering one- and two-bedroom floor plans, including two-story live/work townhome units. The captivating architecture is hard to miss, with a façade that evokes the image of a film projector in a darkened theatre, casting its glow down Hollywood Boulevard toward the legendary Hollywood Walk of Fame. With amenities curated to meet the needs of the most discerning resident, Alta Ink is designed with a nod to the city’s storied history.

Alta Ink reflects the next generation of Hollywood living, bringing something truly special to the area,” said Joe Gambill, Managing Director for Wood Partners. “Wood Partners has been very deliberate in our growth strategy in Los Angeles and across Southern California. We’ve developed some of the city’s most notable residences, including Alta Hollywood, The Fifty Five Fifty and 8th & Hope Street. With Alta Ink, we’re establishing a new iconic property just blocks from the heart of the world’s entertainment capital.”

Alta Ink’s apartment homes are offered in a light or dark color scheme, paying homage to the black and white beginnings of Hollywood films. Residents can choose between homes with light, dazzling cabinets with matching white marble backsplashes, or opt for black finishes that offer a more mellow, yet sophisticated vibe. All apartments have floor-to-ceiling windows, with select units featuring private balconies.

Nestled in the growing East Hollywood neighborhood, Alta Ink is surrounded by cozy Thai eateries and cocktail bars, as well as everyday conveniences like grocery stores and coffee shops, all located within walking distance. The Fern Dell Nature Trail is also just a short drive away, offering easy access to walking and hiking trails that lead up to Griffith Observatory.

Residents can easily access the LA Metro located just two blocks east on the corner of Western Ave. and Hollywood Blvd. Alta Ink is also positioned just two short blocks away from the 101, allowing for easy interstate access to downtown and other metro LA neighborhoods. The property is also located near numerous production studios and large entertainment company headquarters, including Netflix, Viacom and Paramount.

Alta Ink will also feature an intimate sky terrace with sweeping views of the Hollywood Hills, complete with a dining terrace including a BBQ deck and lounge seating. Additional amenities include a fitness center with yoga studio and a garden with veranda seating.

The property’s unique resident salon space is the perfect area for creative thought and relaxation for working professionals or those looking to simply disconnect. Additionally, Alta Ink houses a library and conference suite.

Alta Ink is managed by Wood Residential. Ready for your close-up? Visit www.altainkla.com for more information or to submit a leasing inquiry.

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.

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

WOOD PARTNERS REWARDS ALL ASSOCIATES WITH AN EXTRAORDINARY BONUS FOR AN EXCEPTIONAL YEAR

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 29th.

“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.

 

Wood Partners Brings Luxury Living and Sweeping Views to Baltimore with Alta Federal Hill

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.

Wood Partners Breaks Ground on Latest Luxury Apartment Community in Charlotte

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 21st 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.

Wood Residential Wins Big Again in Online Reputation, Claiming 16 Awards in Latest J Turner Rankings

Atlanta, GA (Oct. 4, 2021) – Wood Residential, a national leader in multifamily real estate management, has earned top marks in J Turner Research’s latest ORA Power Ranking series highlighting the 25 most populous metropolitan statistical areas (MSAs). Across the top 25 MSAs, Wood Residential had an impressive 16 properties that ranked among the most reputable based on their ORA (Online Reputation Assessment) scores.

Overall, the company earned the second highest number of property awards for a single management company, trailing only Greystar. Based on data from the NMHC 50 Largest Apartment Managers rankings, Greystar operates approximately 40 times more apartment units than Wood Residential. In addition, Alta Green Mountain — a property managed by Wood Residential in Lakewood, CO — earned the highest ORA score among the 250 properties in the ranking, tying with two other properties at a 99.

“Throughout our history, Wood Residential has focused on delivering the highest level of customer service excellence for our residents and clients at each of the properties we manage,” said Steve F. Hallsey, Managing Director for Wood Residential. “As we continue to grow our third-party management portfolio across the country, the happiness of our residents remains at the forefront of our decision making. We are thrilled to be widely recognized in this latest ranking from J Turner, which directly reflects the success of these efforts in the eyes of our residents.”

This recognition is the most recent win for Wood Residential in 2021 after receiving numerous honors from J Turner Research earlier in the year. In January, Wood Residential had 17 properties earn the Elite 1% ORA™ Power Ranking for being among the nation’s top 1% of properties for online reputation, including 11 properties that ranked in the 99.9th percentile. Wood Residential also had seven properties featured in April’s Top Properties by Online Reputation in the 50 States and D.C.  And most significantly, the company earned a no.1 ranking for overall online reputation for the second year in a row in the 2021 Division ORA™ Power Rankings in July.

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 of more than 123,000 properties nationwide to inform the rankings published by media partner Multifamily Executive.

 

 

 

 

About Wood Residential
Wood Residential is 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). 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 nearly 90,000 multifamily homes with a combined capitalization of $16.5 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 21 major markets across 14 states nationwide. For more information, visit www.woodpartners.com.

 

About J Turner Research

J Turner Research is the leading full-circle online reputation management firm that empowers clients with data to drive revenue. Its unique 360-degree process enables companies to enhance resident satisfaction, increase closing ratios, and improve online reputation. J Turner’s Online Reputation Assessment™ (ORA™) score serves as the industry standard for measuring a property’s online reputation. For more information, please visit https://www.jturnerresearch.com/.

 

 

 

Media Contact

Nick Fischer
Nick.Fischer@bcw-global.com
678-997-7928

Wood Partners Kicks Off Groundbreaking of New Apartment Community in Salt Lake City

SALT LAKE CITYSept. 14, 2021 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, announced today the groundbreaking of its newest luxury residential community—currently named Alta Gateway II—located in Salt Lake City, Utah. Construction is currently underway, and the community is scheduled to officially open in 2023.

Once complete, Alta Gateway II will offer 288 apartment homes complete with one-, two- and three-bedroom floor plans. The units will feature warm industrial accents and high-end finishes including stainless steel appliances with optional wine fridge, front-load washer and dryer sets, and full tile bathtub surrounds.

Alta Gateway II will also offer residents a wide range of market-leading amenities to enjoy including multiple indoor/outdoor spaces, a club room, a resort-style pool and lounge area, an outdoor fireplace and outdoor kitchen area within the property’s lush landscaping.

“We are thrilled to be breaking ground on Wood Partner’s newest property in Utah, Alta Gateway II,” said Marcus Robinson, Director of Development for Utah at Wood Partners. “As the area continues to grow and prosper, we are very much looking forward to adding Alta Gateway II as our second community in the area to provide top-quality living options for residents converging on this fantastic neighborhood.”

Located on West 100 South, the forthcoming property will offer residents easy access to Salt Lake City’s growing list of local shops, restaurants, and nightlife options. In addition, Alta Gateway II is situated just a short walk from Vivint Arena for those looking to take in a Utah Jazz game, or one of the numerous concerts and entertainment events that stop at the arena.

“Alta Gateway II will be conveniently located off the I-15 Freeway, enabling residents to easily make their way downtown to The Gateway for shopping, dining, and entertainment, or head to nearby ski resorts and major parks to spend quality time outdoors,” added Robinson. “We are working toward starting leasing for the property in the spring of 2023 and officially welcoming residents later that summer.”

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.

Contact:
Nick Fischer
Nick.fischer@bcw-global.com
678-997-7928

Wood Partners Announces Groundbreaking of New Apartment Community in Oceanside, CA

OCEANSIDE, Calif.Sept. 1, 2021 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, announced today the groundbreaking of its newest luxury residential community—Alta Oceanside—in Oceanside, California. Construction is now underway, and the community is scheduled to officially open in late 2023.

Situated along North Coast Highway in Oceanside, the community will offer residents the best of coastal living with Pacific Ocean views and the beach just a short walk from the property. The location also provides easy access to Oceanside’s diverse mix of locally owned shops and restaurants amongst the city’s palm tree-lined streets.

“Wood Partners is extremely excited to break ground on its latest development, Alta Oceanside, which marks the largest multifamily deal west of I-5 in over two decades,” said Yael Suneson, Vice President of Development for Southern California. “The property will offer a premier address along the North Coast Highway, and even better, provide stunning ocean views from the property, which are exceedingly rare in the San Diego market.”

Less than an hour’s drive from downtown San DiegoAlta Oceanside will not only cater to those who currently live or work in North County but will also offer an appealing suburban option for those who commute into San Diego.

Once complete, Alta Oceanside will feature 309 apartment homes comprised of one-, two- and three-bedroom floor plans. The units will come in two-color schemes with modern hardware and finishes and include high-end offerings such as walk-in showers and private balconies with Pacific Ocean views.

Alta Oceanside will also feature a wide range of desirable amenities for residents to enjoy, including four separate courtyards including an indoor/outdoor fitness center with yoga equipment, a lap pool for swimming and poolside lounging, a public plaza, and a fifth floor viewing deck to take in the sweeping views surrounding the property. Additionally, residents will have access to an on-site library with conference and co-working spaces and a BBQ area with dining and lounge seating. On-site storage for beach cruiser bikes and surf- and paddleboards will also be available.

“This project comes on the heels of more than a dozen other projects currently or previously developed by Wood Partners in the Southern California area,” added Suneson. “We know the property will offer residents the perfect mix of modern living and coastal relaxation and look forward to starting preleasing in 2023.”

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.

Contact: Nick Fisher, 678-997-7928, nick.fischer@bcw-global.com

Wood Partners Breaks Ground on New Luxury Property in Austin, Texas

Austin, TX (August 26, 2021) – Wood Partners, a national leader in multifamily real estate development, announced the groundbreaking of its latest luxury property in Austin, TX. Located at 8528 Burnet Road, the yet-to-be-named property is being developed in partnership with ParkProperty Capital. The first phase is targeted to open in Q4 2022.

The property will take its inspiration from the vibrant and eclectic history of the North Burnet Road corridor, combining Austin-inspired design elements with a refined, fresh aesthetic that Wood Partners’ properties are known for. The project will offer 261 luxury units with one, two and three-bedroom floorplans. The units will include high-end finishes, appliances, and technology packages. The amenity-rich design will feature unique spaces, both indoors and out, including a clubroom, fitness center, business center, micro-offices, conference and entertainment spaces, outdoor kitchen, outdoor exercise and yoga area, dog park, and a resort-style swimming pool. The property will also include a dedicated parking garage, and an indoor/outdoor sky lounge with expansive views of the surrounding area.

“This project reinforces Wood Partner’s commitment to developing market leading assets in top tier locations throughout Austin,” said Bart Barrett, Managing Director for Wood Partners. “8528 Burnet is a strategic step forward in solidifying Wood Partners’ presence as a preeminent multifamily development group in Austin and central Texas. We have delivered or are currently building approximately 1,200 residences in this market, and we continue to pursue additional opportunities.”

“We are excited to plant our flag in Austin with such an established developer as Wood Partners,” said Brendan Whalen, Managing Director of ParkProperty Capital. “This will be our first investment in Austin, and we strongly believe in the long-term prospects due to the business-friendly environment and quality of life that the city has to offer. This is our fourth investment with Wood Partners as we continue to target similar development opportunities throughout the major markets in the US Sunbelt.”

The location will place residents in one of Austin’s most distinct areas, offering access to major employment, entertainment, and activity centers, including The Domain and Parmer Austin. Key employers include Apple, Amazon, Facebook, and GM’s IT Innovation Center. Up-and-coming bars and restaurants, as well as established favorites, dot the community. Nearby shopping includes The Arboretum, Gateway Shopping Centers, and Shops at Arbor Walk. Residents will also benefit from the property’s proximity to the newly opened Q2 Stadium, home to FC Austin, Austin’s Major League Soccer team.

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.

Contact: Nick Fisher, 678-997-7928, nick.fischer@bcw-global.com

Wood Residential Retains Top Online Reputation Honor in J Turner’s 2021 Division ORA™ Power Rankings

Atlanta, GA (August 11, 2021) – Wood Residential, a national leader in multifamily real estate management, has earned the No. 1 ranking for online reputation for the second straight year in the 2021 Division ORA™ Power Ranking. The management company officially achieved this distinction within Division III (10,000 to 19,999 units), but also posted the highest overall score across the top three divisions (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. The unit cut-off for each Division was determined based on portfolio data obtained from ALN Data Services in June 2021.

“Wood Residential has taken a very deliberate path in how it has focused on customer service and reputation management,” said Steve Hallsey, Managing Director for Wood Residential. “Everything we do revolves around our culture, from building value for our clients and investors to ensuring our properties perform at an industry-leading standard. At the heart of all we do is a continual focus on our residents. We’re delighted to gain this top designation from J Turner once again, which highlights how our efforts are paying off.”

This impressive recognition is the latest victory for Wood Residential in 2021 after earning numerous individual property honors from J Turner Research earlier this year. In January, 17 Wood Residential properties earned the Elite 1% ORA™ Power Ranking for finishing among the top 1% of properties nationwide for online reputation, including 11 properties that placed in the 99.9th percentile. Additionally, Wood Residential was featured in April’s ranking of the Top Properties by Online Reputation in the 50 States and D.C., with seven of its properties appearing in the state rankings.

“With its stellar online reputation, Wood Residential has earned the top ORA™ distinction among all companies in Division III for 2021. Wood Residential has focused on winning over its residents in person, which is evident in its high ORA™ score. ORA™ is a single score that represents a company’s online reputation across a variety of review platforms,” 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 of more than 123,000 properties nationwide to inform the rankings published by media partner Multifamily Executive.

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 two 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 nearly 90,000 multifamily homes with a combined capitalization of $16.5 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 21 major markets across 14 states nationwide. For more information, visit woodpartners.com.

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