In Florida, volunteers from Ballantrae, The Brittany, Estates at Heathbrook, Grandeville on Saxon, Lakes at Suntree, Paramount on Lake Eola, Rialto, and Saddleworth Green organized a beach cleanup at Paradise Beach in Melbourne, helping to protect the shoreline and surrounding marine environment.

Further north, members of our Finance and Asset Management teams spent the day revitalizing the Newton Little League fields—cleaning, painting, and preparing the grounds for the 2025 season.

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OCALA, FL (October 18, 2021) – Northland Investment Corporation today announced the acquisition of Saddleworth Green, an expansive residential community located in Ocala, Florida, formerly known as Steeples Apartments. The property offers 480 garden-style apartment homes situated across 35 two-story buildings sitting on 44 secluded acres. Northland will be investing nearly $2M in renovations and aesthetic improvements across the property to optimize the resident experience.

“Saddleworth Green offers charming homes, expansive amenities, and an unmatched lifestyle on a lush and sprawling landscape located within one of Florida’s most vibrant communities, and we couldn’t be more excited to add it to the Northland portfolio,” said Mike Campbell, Associate Vice President of Investments at Northland. “Ocala’s beautiful natural elements and convenient lifestyle offerings make it an ideal place to live. We are thrilled to bolster our presence in the region through this acquisition and look forward to providing a refreshed and outstanding lifestyle for its residents.”

The property’s beautifully appointed one-, two-, and three-bedroom homes have recently been renovated with upgraded kitchens and bathrooms that feature stainless steel appliances, washer and dryer connections, new cabinetry, updated light fixtures, granite countertops, and whirlpool garden tubs. Its resort-inspired lifestyle is emphasized through an array of active amenities, including nature trails, two resort-style swimming pools, an outdoor California kitchen, a tennis court, and a pickleball court. Additionally, residents can take advantage of the state-of-the-art fitness center with a yoga room and an exclusive resident lounge, or let their pets explore the bark park.

Saddleworth Green is located in Ocala’s Southeast side, just minutes from Northland’s other local property, The Estates at Heathbrook. It is also ideally situated just two miles from the College of Central Florida, Paddock Mall, and Shady Oaks Shopping Center. In addition, Publix is located just steps away, while Ocala Regional Medical Center is 20 minutes away and the nearby FL-40 W allows for quick and easy access to Silver Springs.

Northland is the second-largest multifamily owner and operator in Florida. The company’s extensive portfolio includes properties in Fort Myers, Melbourne, West Palm Beach, Orlando, Boynton Beach, Bradenton, Jupiter, Plantation, Sanford, Coconut Creek, Tampa, Indialantic, Orange City, Fort Lauderdale, Bonita Springs, and Land O’Lakes.

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The tournament was held at the Lani Kai Resort on Fort Myers Beach and successfully raised $2,000 for the Children’s Society of Florida, which aims to assist teens that are transitioning into adulthood from foster care.

To learn more about the Children’s Society of Florida, visit https://www.chsfl.org/

The post Northland Participates in Apartment Association Gives Back Event appeared first on Northland.

Northland is the second largest multifamily owner and operator in Florida

SARASOTA, FL—Northland Investment Corporation has acquired The District at Rosemary, formerly Elan Rosemary, a four-story, 286-unit, mid-rise apartment community here.

The District at Rosemary is Northland’s 33rd multifamily property in Florida. This acquisition capitalized on reinvested proceeds from Northland’s sale of Iona Lakes in Fort Myers last year. The property was built in 2018, according to Northland.

Situated in a prime waterfront location along the northern edge of downtown Sarasota, the Rosemary District has a walk score of 90+, and diverse employment opportunities attract young professionals across a range of growing industry sectors including medical, finance and technology.

The District at Rosemary offers a selection of studios, one, and two-bedroom apartments with superior amenities and finishes. Residents can enjoy a resort-style swimming pool with sundeck, lounge seating, outdoor kitchen, grilling stations and dining areas, club-class fitness center offering on-demand classes and yoga studio, community clubhouse with gathering spaces including conference rooms and a chef kitchen, and media and billiards lounge. The pet-friendly community also boasts a dog park with agility course. Residences feature open floor plans, spa inspired master bathrooms, full size washers and dryers, stainless steel appliances, and select apartments offer balconies or patios. Interior finishes include French-door refrigerators, quartz countertops, modern cabinetry, and tile backsplashes.

Northland is the second largest multifamily owner and operator in Florida. The company’s portfolio includes properties in Fort Myers, Melbourne, West Palm Beach, Orlando, Boynton Beach, Bradenton, Jupiter, Plantation, Sanford, Coconut Creek, Tampa, Ocala, Indialantic, Orange City, Fort Lauderdale, Bonita Springs, and Land O’Lakes.

The post Northland Snaps Up Another Florida Apartment appeared first on Northland.

Formerly Elan Sarasota, The District at Rosemary is a four-story, 286-unit apartment community in the Rosemary District.

Northland Investment Corporation has announced the acquisition of The District at Rosemary, formerly Elan Rosemary, a four-story, 286-unit, mid-rise apartment community in Sarasota’s Rosemary District. The apartments offer a selection of studios, one- and two-bedroom residences that feature open floor plans, quartz countertops, full-size washers and dryers, stainless steel appliances and balconies or patios in certain apartments. including a resort-style swimming pool with sundeck, lounge seating, outdoor kitchen, grilling stations and dining areas, fitness center and yoga studio, community clubhouse, media and billiards lounge, and a dog park with agility course.

The District at Rosemary is Northland’s 33^rd multifamily property in Florida; the company closed 2019 with more than $1 billion in capital transactions and $500 million in total acquisitions in cities including Tucson, Albuquerque, Boynton Beach, Charleston and Charlotte. It’s the second-largest multifamily owner and operator in Florida, with $6 billion in assets under management and properties in Fort Myers, Melbourne, West Palm Beach, Orlando, Boynton Beach, Bradenton, Jupiter, Plantation, Sanford, Coconut Creek, Tampa, Ocala, Indialantic, Orange City, Fort Lauderdale, Bonita Springs and Land O’Lakes.

To view the full article, visit https://www.sarasotamagazine.com/home-and-real-estate/2020/01/northland-acquires-the-district-at-rosemary

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Newton, MA (January 22, 2020) – Northland Investment Corporation today announced the acquisition of The District at Rosemary, formerly Elan Rosemary, a premier four-story, 286-unit, mid-rise apartment community located in Sarasota’s most sought-after neighborhood.

The District at Rosemary is Northland’s 33^rd multifamily property in Florida and concludes a successful year of activity for Northland, which closed 2019 with over $1 billion in capital transactions and $500 million in total acquisitions that spanned across Tucson, Albuquerque, Boynton Beach, Charleston and Charlotte. This most recent acquisition capitalized on reinvested proceeds from Northland’s sale of Iona Lakes in Fort Myers last year.

“The District at Rosemary is an exceptional property in a highly sought-after Sarasota location, and we’re pleased to have ended what has been a milestone year with this acquisition,” said Matthew Gottesdiener, Chief Investment Officer of Northland. “As we enter 2020, Northland is committed to the continued expansion of our portfolio to include best-in-class, walkable, infill assets across our core markets.”

Situated in a prime waterfront location along the northern edge of downtown Sarasota, the Rosemary District is ranked in U.S. News & World Report’s 2019 Top 20 “Most Desirable Places to Live.” The neighborhood boasts a walk score of 90+, and diverse employment opportunities attract young professionals across a range of growing industry sectors including medical, finance and technology. Residents of the thriving live-work-play-walk community are also drawn to the vibrant dining and night life scene, shopping, a trendy arts and cultural scene, and wide variety of options for outdoor activities, all within a few blocks’ walk.

The District at Rosemary offers a selection of studios, one, and two-bedroom apartments with superior amenities and finishes. Residents can enjoy a resort-style swimming pool with sundeck, lounge seating, outdoor kitchen, grilling stations and dining areas, club-class fitness center offering on-demand classes and yoga studio, community clubhouse with gathering spaces including conference rooms and a chef kitchen, and media and billiards lounge. The pet–friendly community also boasts a dog park with agility course. Residences feature open floor plans, spa inspired master bathrooms, full size washers and dryers, stainless steel appliances, and select apartments offer balconies or patios. Interior finishes include French-door refrigerators, quartz countertops, modern cabinetry, and tile backsplashes.

Northland is the second largest multifamily owner and operator in Florida. The company’s extensive portfolio includes properties in Fort Myers, Melbourne, West Palm Beach, Orlando, Boynton Beach, Bradenton, Jupiter, Plantation, Sanford, Coconut Creek, Tampa, Ocala, Indialantic, Orange City, Fort Lauderdale, Bonita Springs, and Land O’Lakes.

The post Northland Acquires The District at Rosemary in Sarasota appeared first on Northland.

At Trinity Cafe guests are seated at tables much like a restaurant, while volunteers engage in conversation and serve a 3-course, chef-prepared meal.  The organization works to restore a sense of dignity to lives turned bleak by the streets, poverty or need through nutritious meals and compassion.  To find out more, visit http://feedingtampabay.org/trinity-cafe/

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NEWTON, MA (June 27) – Northland Investment Corporation today announced the acquisition of Gateway Club, a 319 unit multifamily asset in Boynton Beach, Florida. This marks Northland’s second property in Boynton Beach and its 32^nd multifamily property in Florida, expanding the company’s presence within the Southeastern region of the state.

“Gateway Club provides Northland with a prime opportunity to increase the value of this garden-style community in a highly sought-after Florida location,” said Matthew Gottesdiener, Chief Investment Officer of Northland Investment Corporation. “We look forward to enhancing the living experience for the Gateway Club residents and are excited to welcome this property to our portfolio.”

As part of the acquisition, the firm will perform extensive interior and exterior renovations that will update the property’s aesthetic. In addition, the roof and ventilation system will undergo upgrades while Northland will implement best-in-class technology solutions. Once complete, Gateway Club will offer an overall more desirable, professionally managed experience for residents.

Gateway Club is located within Palm Beach County, which has continued to experience population growth, and offers access to job opportunities across several sectors including medical, aerospace, financial services and government. According to CoStar, Boynton Beach ranks third out of the nine Palm Beach County submarkets in terms of rent growth and is currently experiencing a lack of multifamily housing supply.

This acquisition will add to the firm’s Boynton Beach portfolio, which includes adjacent apartment complex Via Lugano. A strong track record of acquiring and investing in multifamily properties throughout Florida, Northland has aggressively targeted the state since 2011 for multifamily acquisitions particularly in Fort Myers, Melbourne and Palm Beach County.

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Bay Breeze Villas
Property of the Year (1-200 units)

Mike Kragel, The Ashlar Apartments
Groundskeeper of the Year

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