Author: Baylee Snead

Nashville, TN, March 9, 2021 (Nashville Post) – Atlanta-based Wood Partners is set to begin construction by quarter’s end on Alta Farms at Cane Ridge in Antioch. According to a release, the 10-building, 330-unit multifamily project will include 10 carriage homes and sit on 39 acres at 3144Old Franklin Road, with Wood Partners serving as the general contractor.

Wood Partners is not disclosing what it paid for the property and the Davidson County Register of Deeds had not recorded transaction details as of publication time. An LLC affiliated with Nashville-based Elmington Capital Group was the seller, with that entity having paid about $2.54 million for the property last September, according to Metro records.

The development just south of the Hickory Hollow Parkway exit from Interstate 24 will offer walking trails, a fitness center, co-working spaces, a “resort-style” saltwater swimming pool, guest parking, a community garden, “dog-friendly” units and a dog park.

Andrew Steffens, managing director of Wood Partners’ Nashville office, said Alta Farms’ location adjacent to the 300-acremixed-use Century Farms and its soon-to-be-completed I-24 interchange are appealing. He said the company worked with Metro Councilmember Antoinette Lee, in whose District 33 the property sits, and Cane Ridge community leaders for about one year to ensure a quality project.

“Alta Farms at Cane Ridge will help address the growth of Antioch while mindfully preserving the natural beautify of the area, “Steffens said in the release. “We … worked closely with area leadership and community members to ensure a project that the community will embrace and that we can all be proud of. Our farmhouse design and amenity spaces will allow our [residents]to escape their fast-paced lives to enjoy the serenity of this beautiful rolling [site].”

The announcement comes shortly after Wood Partners recently announced it has secured financing and is set to begin construction in Metro Center on Alta Riverwalk, a 304-unit four-building apartment development (read more here). The company bill itself as the most active residential developer doing work in Nashville, with five properties with a collective 1,459 units having begun construction over the last 20 months.

Wood Partners has been involved in the acquisition and development of sites home to buildings with more than 79,000multifamily residences and a combined capitalization of more than $14.1 billion. The company owns 68 properties across the United States with a collective more than 18,000 apartment units.

In addition to Atlanta and Nashville, Wood Partners operates offices in Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, San Francisco, Washington, D.C., and West Palm Beach.

NEWNAN, Ga., March 2, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the development of its newest luxury residential community – Alta Ashley Park – in Newnan, Georgia. Construction is underway, and the community is scheduled to open in Spring 2022.

Once complete, Alta Ashley Park will feature best-in-class amenities and interiors. The community’s 269 apartment homes will include granite countertops in the kitchen and bathrooms, undermounted single-bowl sinks, tile backsplash in the kitchen, stainless steel appliances, and luxury vinyl plank hardwood-style flooring. Floorplans will include a mix of one-, two- and three-bedroom layouts.

The community will feature a variety of amenities for residents to enjoy including a large clubhouse building with a state-of-the-art fitness center, a resort-style swimming pool with tanning ledges, outdoor fire pits and grilling areas, a dog park and dog grooming area, bocce ball and corn-hole courts. Aside from the amenities, the location itself is what truly sets the community apart. There are very few living locations in Newnan that offer renters a walkable lifestyle. Alta Ashley Park is within walking distance to a variety of shopping, dining and convenient retail destinations just outside of the community’s front door.

“After an extensive planning process, we are excited to see Alta Ashley Park come to life in such a desirable, convenient location,” said Bennett Sands, Wood Partners Managing Director. “This new community will appeal to a wide range of potential residents who are looking for a luxurious living experience while being within reach of everything Newnan and the Atlanta region have to offer. We would like to thank the City of Newnan for being a great partner to work with, and we look forward to becoming a successful asset in the community.”

Located off of Bullsboro Drive and Ashley Park Drive, the new community will be within walking distance to nearby Ashley Park Shopping Center, which features a wide range of convenient retail destinations such as Target, BJ’s Wholesale Club, Dick’s Sporting Goods, Best Buy, Belk, and dozens of dining options. The property is also just a short walk away from the LINC, a new trail system in Newnan that offers 26 miles of paved paths for walkers, runners, bicyclists, skaters and people using non-motorized vehicles.

Another draw to the city of Newnan, also called “The City of Homes”, is its reputation for having beautiful, well-preserved homes and buildings, including more than 40 recognized historic structures in the town’s six historic districts. The historic downtown square features a variety of restaurants and local businesses that add to the city’s charm. It’s also known for hosting several major events throughout the year such as its annual Christmas parade.

The future community is less than one mile away from Cancer Treatment Centers of America (CTCA) and three miles away from Piedmont Newnan Hospital and Yamaha Motor Manufacturing Corporation, three of the top four employers in Coweta County. Other employment opportunities in the area include major distribution centers for both Amazon and Goodyear Tire & Rubber.

Additionally, the site is located just off exit 47 and Interstate 85, providing easy access to Downtown Newnan, Hartsfield Jackson International Airport, and major employment centers in Atlanta.

About Wood Partners

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

ATLANTA, March 1, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the grand opening of its newest luxury residential community – Alta East – in Atlanta, Georgia. Pre-leasing is available at http://www.livealtaeast.com with first move-ins scheduled for February 2021.

Located at 777 Memorial Drive, Suite 7000, the new community is in Reynoldstown inside the master development Atlanta Dairies which includes trendy dining and a 2,200-person capacity concert hall within walking distance of the property. The centralized location puts the community at the heart of Atlanta’s best neighborhoods including Downtown Atlanta, Old Fourth Ward, Cabbagetown, Inman Park, Little Five Points and Edgewood.

“We are excited to continue to expand our footprint in the highly-competitive Atlanta market,” said Bennett Sands, Managing Director for Wood Partners. “This new community is an extremely desirable location for people who are looking to enjoy the opportunities that in-town living offers.”

Alta East is located just off the East Atlanta Beltline Extension, a former railway corridor located around the core of Atlanta that has been transformed into a multi-use trail for people to enjoy. The community entrance is off of Pearl Street and Memorial Drive near Interstate 20 and Bill Kennedy Way SE giving residents easy access to the entire Greater Atlanta area.

The Atlanta Dairies development next-door to the community offers delicious restaurant options like Three Taverns Imaginarium, Wonderkid and Cold Brew Bar as well as a live music venue, called The Eastern. Additional recreational activities in the area include the Atlanta Zoo, Georgia Aquarium, Fox Theatre and Mercedes Benz Stadium. Convenient retail options within close proximity include a brand-new Publix, Kroger, Target, Lowe’s Home Improvement and Best Buy.

The new community includes 250 apartment homes featuring a mix of one-, two- and three-bedroom floorplans as well as studios. Alta East also offers 38 workforce housing units targeted towards essential workers in the area including teachers, firefighters, nurses and law enforcement professionals. For qualification guidelines, visit here.

Alta East features best-in-class amenities and finishes. The community’s apartment homes feature stainless steel appliances with a gas cooking range, a side-by-side refrigerator with in-door ice and water dispenser, a deep single-basin kitchen sink, quartz countertops in the kitchen and bathroom, modern matte black hardware and accessories, pendant lights and ceiling fans, full-size washer and dryers and private patios and balconies.

Resident amenities include a centerstage lounge and game room, a business center equipped with a contact-free wireless color printer, co-working and drop-in office spaces and a 24/7 fitness center and power gym. Outside, the community features a saltwater swimming pool with a Baja tanning shelf, an outdoor kitchen with gas grills, a leash-free pet park and paw spa as well as an expansive bicycle storage room and repair center.

Additionally, there is a gated parking deck with electric car charging stations, a guest entry callbox with live video and 24/7 access to a ButterflyMXTM package room.

About Wood Partners

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

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

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

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

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

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

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

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

About Wood Partners

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

Nashville, TN, January 28, 2021 (Nashville Business Journal)-As a slew of apartment projects come to life around the downtown core and its fringes, the Atlanta-based Wood Partners is investing in a less expensive, less dense district to the north.

The firm has secured funds to build Alta Riverwalk, which will house 304 apartment units on land adjacent to the city’s Greenway trailhead in Metro Center, which spans 850 acres in the Cumberland River’s bend. Construction is set to start in a matter of days, said Andrew Steffens, managing director of Wood Partners’ local office. Units should be available by spring 2022, according to a press release.

Nashville is in the throes of an affordable housing shortage, which is luring some young professionals away from downtown’s high price, trendy housing and into cheaper bedroom communities like Bellevue. But to Steffens, Metro Center is the best of both worlds: It’s primed for more affordable development, but also blocks away from some of the city’s most popular districts.

“The size of the developable parcels in Metro Center lends the opportunity for developers like me to build a less dense community, and when we can build a less dense community, it costs less, and when it costs less to build, we can charge less for rent,” Steffens said in an interview.

Metro Center is also much less dense than downtown, which could set tenants’ minds at ease in a post-pandemic world, Steffens said. At over six acres, the Alta Riverwalk property is more spacious than the multistory high-rise parcels that often epitomize city living. But the land isn’t the only Covid-era plus. The development and design teams decided that the project should feature an on-site office rental program to give tenants a change of scenery as they work from home.

Per-unit rent prices at Alta Riverwalk will hover around $1,000 to $2,200 depending on the floor plan, Steffens said. Other planned
amenities include a saltwater pool, club room and dog park, according to a statement. The project is Wood Partners’ fourth project currently under construction in Greater Nashville.

Steffens has been at Wood Partners, which is also the project’s general contractor, for two years. Before, he managed development for Middle Tennessee at Alliance Residential Co. He’s secured construction starts on four deals in the last eight months, with an additional 635 units set for completion by the year’s end.

An entity registered to Wood Partners bought the Alta Riverwalk acreage for $11.4 million, according to newly filed public records. Servis First Bank Nashville appears to have provided a $39.3 million construction loan for the site.

-Drew Hutchinson

Nashville, TN,  January 27, 2021 (Nashville Post)-Atlanta company pays $11.4M+ for site on which to undertake development on Cumberland River greenway.

Atlanta-based Wood Partners has secured financing and is set to begin construction in Metro Center on Alta Riverwalk, a 304-unit four-building apartment development.

The buildings, for which no renderings have been released, will be located at 200 Cumberland Bend near Honky Tonk Brewing Co. The site straddles the Cumberland River Greenway, with apartment building The Duke (a second Duke building is planned) sitting to the immediate west. A spring-2022 completion is eyed.

Wood Partners paid $11.43 million for the site, according to a Metro document. The seller, an LLC, paid $8.5 million for the site in September 2019. Wood Partners will act as the project’s general contractor, with Atlanta-based Brock Hudgins as the architect. Abuilding formerly home to Metro Medical Supply will be demolished next week. Alta Riverwalk will be the fourth Wood Partners project in the Nashville region joining Alta Foundry near Midtown, Alta Union in The Nations and Alta Depot in Smyrna. The four will comprise a collective 1,129 units. The company expects to start work on buildings offering an additional 635 units by the end of 2021 and continues to seek additional development sites in the area.

The release notes Alta Riverwalk unit rents will be “attractively priced at a discount to typical rents found in downtown and Germantown.”
“Much like the Beltline did in Atlanta, I predict the Greenway is going to play a huge role in the future of our city, and we are excited to be the first community that is going to truly embrace Greenway living,” Andrew Steffens (pictured),managing director of Wood Partners’ Nashville office, said in the release. “Not only will we deliver luxury-level finishes and amenities that a renter would expect in a downtown high-rise, but also Alta Riverwalk will offer direct bike and pedestrian connection to the greenway and a suite of amenity-filled outdoor spaces.”

Alta Riverwalk will feature four different buildings, each with its own courtyard and grilling areas. Amenities will including a saltwater pool, a club room, rooftop entertainment space overlooking the Cumberland River, indoor and outdoor fitness spaces, a bike sharing program and a golf training facility and putting green as well as dog parks and dog washing area.

The development also will offer for those who work at home an “Alta Work” rental program, a new feature from Wood Partners Nashville.

Wood Partners has been involved in the acquisition and development of sites home to buildings with a collective more than 79,000 multifamily residences and a combined capitalization of more than $14.1 billion. The company owns 68 properties across the United States with a combined more than 18,000 apartment homes.

In addition to Atlanta and Nashville, Wood Partners has offices in Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Orange County (California), Orlando, Phoenix, Portland, Raleigh-Durham, San Francisco, Washington, D.C., and West Palm Beach.

-William Williams

SPRING, Texas, January 18, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the grand opening of its newest luxury residential community – Alta Cathedral Lakes – in Spring, Texas. Leasing is currently underway at the community and more information can be found at AltaCathedralLakes.com.

Located at 698 Basilica Bay Branch Drive, Alta Cathedral Lakes is just 30 miles north of Houston via Interstate 45. In addition to I-45, the new community is conveniently located near Texas State Highway 99 and the Hardy Toll Road offering residents easy access to many nearby lifestyle conveniences and employment opportunities and the rest of the greater Houston area.

Major employers in the area include ExxonMobil, Daikan Southwestern Energy and American Bureau of Shipping. Hewlett Packard Enterprise also recently announced plans to relocate its headquarters from San Jose, California, to a brand new campus in the Greater Houston area, which is under construction in CityPlace at Springwoods Village. Other major area employers include CHI St. Luke’s Health, Memorial Hermann and Texas Children’s Hospital in The Woodlands. The community is also close to the Hine’s Pinto Business Park that includes employers such as Amazon, The Coca-Cola Company, Sysco Corporation, Grocers Supply and Alfa Laval.

“Alta Cathedral Lakes is an ideal option for residents who desire to live in a first rate luxury community in the Spring area that is conveniently located next to major employers and world class retail,” said Bart Barrett, Managing Director for Wood Partners. “Whether you’re a young professional or a family of three, this new community provides a very comfortable and convenient place to live.”

Recreational opportunities for residents to enjoy in the area include Cynthia Woods Mitchell Pavilion, The Woodlands Country Club, George Mitchell Nature Preserve, Sky Zone, Legends Sports Complex and eight different golf courses within a 15-minute drive. Additionally, the George Bush Intercontinental Airport is a 20-minute drive away, making the community a convenient place to live for those who travel.

Residents will also enjoy being within a 10-mile radius of a plethora of retail and restaurant options including Springwoods Village, Pinecroft Center, Portofino Shopping Center, The Woodlands Mall, Market Street, Grand Parkway Marketplace and Waterway Square.

Alta Cathedral Lakes has best-in-class amenities and finishes. The community’s 300 units feature stainless steel appliances, granite countertops, tile backsplashes, 42″ cabinets, wood-style flooring and full-sized washer and dryers.

Amenities for the entire community to enjoy include a state-of-the-art fitness center, a sparkling resort-style pool, business center with co-working spaces and reservable conference rooms, dog park and wash, bike storage and an outdoor courtyard with a kitchen.

About Wood Partners

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

SALT LAKE CITY, November 13, 2020( NEWSWIRE.COM)- Wood Partners, a national leader in multi-family real estate development and acquisition, today announced the opening of a new office in Salt Lake City. The expansion represents the 20th Wood Partners office in the United States.

The Atlanta-based company is one of the largest multifamily real estate developers in the country and is known for creating distinct communities of lasting value and delivering a solid return on investment to its investors. In recent years, Wood Partners has experienced tremendous growth by transacting $1 billion or more in new investments annually and expanding into strategic new markets.

Since 1998, Wood Partners has developed more than 85,000 homes with a combined value of more than $15.6 billion.

“Opening this new office in a desirable, up-and-coming market like Salt Lake City gives us an enormous opportunity for growth and new development,” said Joe Keough, Chairman and Chief Executive Officer for Wood Partners. “We are pleased to see our footprint continue to grow with this new office and local team.”

Wood Partners has hired Marcus Robinson, a real estate development veteran, as Director of Development for the market. Robinson will be overseeing the new office and all new development activities in the Salt Lake City area.

Prior to joining Wood Partners, Robinson served as a Senior Development Manager at Toll Brothers in Salt Lake City, and previously served the Southern California market. He received an undergraduate degree in Business from Brigham Young University and earned a master’s degree in Real Estate Development from the University of Southern California.

The new Wood Partners office is located at 532 E 770 N, Orem, UT, and can be reached at 801-369-5662.

About Wood Partners

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

HOUSTON, October 20, 2020 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today, in partnership with Principal Real Estate Investors, the grand opening of its newest luxury residential community – Alta Washington – in Houston, Texas. The seven-story community features 204 units comprised of one and two-bedroom apartment homes as well as six, three-story townhouses. Leasing is currently underway at altawashington.com with the first move-ins scheduled for early November.

Located in the Memorial Park area just outside of Downtown Houston, the new community offers easy access to several major employment hubs including the Downtown, Galleria/Uptown, and Greenway Plaza areas. For activities outside of work, Memorial Park, which has recently started a multi-million dollar renovation with completion expected in 2028, offers a combination of indoor and outdoor activities including hiking trails, cycling and skating paths, an 18-hole golf course, tennis and croquet courts, an indoor fitness center, swimming pool and a playground with picnic areas.

“The Wood Partners team is excited to begin leasing Alta Washington,” said Bart Barrett, Managing Director for Wood Partners. “The community offers residents luxurious living that is right next to one of the most popular and desirable amenities in the city, Memorial Park.”

Alta Washington is located within the Washington Corridor, one of Houston’s most popular nightlife areas known for its mix of trendy lounges, sports pubs, live music venues, wine bars and some of the most-loved restaurants in the city.

Located at 6400 Washington Avenue, Alta Washington is near several main roads and freeways including Westcott Street, Shepherd Drive, Allen Parkway, Waugh Drive, Loop 610, and Interstates 10 and 45, giving residents convenient access to the rest of the Houston megaregion, as needed.

The apartment interiors have open-concept floor plans featuring impressive kitchens – with quartz countertops, designer tile backsplash and ENERGY STAR stainless steel appliances – and modern hardwood-style flooring throughout most of the home. Residents will also have the ability to add Whiz Cribs, an upgraded technology package featuring Amazon products, to their apartment home.

State-of-the-art amenities on-site include a clubroom, game room, a seventh-story sky lounge with a kitchen and dining area, a business center with a conference room and micro-offices, a fitness center and a Luxer One package room. Outdoor amenities include a resort-style swimming pool with outdoor grills located on the third level and a second-story dog park. All common areas will provide residents with wireless connectivity and will feature the latest in audio/visual technology and urban living design.

Phoenix, Ariz. October 15, 2020(Newswire.com) – Wood Residential Services, a national leader in multi-family real estate management, announced today that it has been retained by TA Realty to manage three luxury apartment communities  – Valentina by Alta in San Diego, Alta North Central in Phoenix and Alta Green Mountain in Lakewood, Colorado.

The agreement involves two top-tier companies: Wood Residential Services (WRS), a premier real estate management firm recently named the #1 manager for its online reputation in the J Turner Research rankings (Division III), and TA Realty, one of the largest and most experienced providers of real estate investment management services in the U.S.

“The entire Wood Residential Services team is excited to work with TA Realty as we continue to expand our management portfolio,” said Steve Hallsey, Managing Director for Wood Residential Services. “Strong third-party agreements like these will enable us to continue making a positive impact on these communities, by delivering exceptional customer service to our residents and a solid ROI for our partner.”

Each apartment community offers residents exceptional amenities and state-of-the-art home features like upgraded cabinetry, appliances and more.

Valentina by Alta, located in the Little Italy neighborhood of San Diego, CA, offers 110 boutique apartment homes with one- and two-bedroom floor plans, as well as penthouse units that feature unobstructed views of the San Diego Bay. Amenities include a second-floor pool, a fitness & yoga studio with bay views, multiple outdoor terraces and a resident library. Leasing began in the summer of 2019.

Alta North Central, located in Phoenix, AZ, includes 229 one-, two- and three-bedroom apartment homes and offers highly sophisticated living with a resident lounge, large pet area and rooftop terrace.  In-home finishes and appliances include two cabinetry color schemes, five-burner gas stoves and double-ovens in select units. The community opened in the fall of 2019.

Alta Green Mountain, located in Lakewood, CO, offers 260 one-, two- and three-bedroom apartment homes with breathtaking views of Denver and the Green Mountain Nature Preserve, giving residents the perfect balance between the convenience of city living and the Colorado outdoors. Amenities include a spacious clubhouse, resort-style pool and a Colorado-inspired fitness center. It opened its doors in spring of 2019.

“We are very pleased with our decision to retain WRS as property manager for our recently acquired apartment communities and look forward to our new partnership,” said Mike Haggerty, Managing Partner of TA Realty. “We are confident that WRS will help us successfully manage these communities while putting the needs of the residents first.”

About TA Realty

TA Realty is among the largest and most experienced providers of real estate investment management services to U.S. and non-U.S. institutional investors. Since its inception in 1982, TA Realty has managed more than $30 billion of real estate assets through value-add and core strategies and customized separate/advisory accounts. TA Realty’s investment philosophy focuses on creating diversified real estate portfolios that aim to generate strong cash flow, receive intensive asset management and seek to achieve long-term value creation. For more than three decades, TA Realty has maintained this philosophy through multiple real estate and economic cycles, a strength recognized by pension funds, endowments, foundations and high net worth individuals. For more information please visit www.tarealty.com.

About Wood Residential Services

Wood Residential Services is a national multifamily property management company. The company currently manages stabilized and lease up assets in all classes around the country, with a combined total of more than 20,000 units nationally, and is headquartered in Atlanta, GA. Wood Residential Services was recently named the #1 manager for its online reputation in the J Turner Research rankings (Division III) for 2020.