Florida apartments Archives - Northland https://northland.com/tag/florida-apartments/ Just another WordPress site Wed, 05 Feb 2020 15:49:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 Northland Acquires Fourth Orlando Area Property https://northland.com/northland-acquires-fourth-orlando-area-property/ Mon, 18 Sep 2017 14:48:04 +0000 http://www.northland.com/?p=12113 Lakefront community, The Rialto, sits at heart of Orlando’s “Restaurant Row” NEWTON, MA and Orlando, FL (SEPTEMBER 18, 2017) – Northland Investment Corporation, a member of the National Multifamily Housing Council’s Top Fifty Owners, announced today the acquisition of The Rialto, a 200-unit multifamily community in Orlando’s Doctor Phillips neighborhood. This is Northland’s fourth property […]

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Lakefront community, The Rialto, sits at heart of Orlando’s “Restaurant Row”

NEWTON, MA and Orlando, FL (SEPTEMBER 18, 2017) – Northland Investment Corporation, a member of the National Multifamily Housing Council’s Top Fifty Owners, announced today the acquisition of The Rialto, a 200-unit multifamily community in Orlando’s Doctor Phillips neighborhood. This is Northland’s fourth property in the Orlando area, following its recent acquisition of The Paramount on Lake Eola in May, which reflects its ongoing investment in the Orlando market. Northland already owns Ballantrae in Sanford, as well as Grandeville on Saxon in Orange City.

Built in 2015, The Rialto consists of one, two, and three-bedroom units that offer upscale interior finishes across 22 unique floor plans. The community’s expansive amenity package offers a mix of sophisticated and lifestyle-enhancing features designed to appeal to all tastes. These include two state-of-the-art 24-hour fitness rooms, a new technology lounge and business center, a luxe swimming pool, structured parking, and a recently updated outdoor patio with stunning views overlooking Spring Lake. The community’s central location on Orlando’s famed Restaurant Row places it at the epicenter of the city’s business, transportation, and entertainment hubs.

“We are excited to increase our ownership in Orlando, a market that continues to lead the state of Florida and the rest of the country in job growth and new economic opportunity,” said Matthew Gottesdiener, Northland’s Chief Investment Officer. “The Rialto represents the future of Central Florida luxury apartment developments, with walkability to premium retail and amenities, proximity to major job centers, and access to top quality schools.”

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Investor Acquires 2 FL Communities, Merges Them to 1 https://northland.com/investor-acquires-2-fl-communities-merges-1/ Thu, 24 Aug 2017 20:24:28 +0000 http://www.northland.com/?p=12086 Thursday, August 24, 2017 Multi-Housing News By D.C. Stribling Northland Investment Corp. has acquired two adjacent apartment communities in affluent Jupiter, Fla. Formerly known as Mallards Cove and Shell Trace, the properties were combined at closing and renamed Jupiter Isle. The new Jupiter Isle consists of 359 units set on a low-density, 42-acre site. Northland […]

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Thursday, August 24, 2017
Multi-Housing News
By D.C. Stribling

Northland Investment Corp. has acquired two adjacent apartment communities in affluent Jupiter, Fla. Formerly known as Mallards Cove and Shell Trace, the properties were combined at closing and renamed Jupiter Isle.

The new Jupiter Isle consists of 359 units set on a low-density, 42-acre site. Northland plans to undertake a major renovation project throughout the property, including the creation of high-end interior living spaces and common amenities.

LOOKING AT THE MARKET

“Northland is continuing its expansion in the Jupiter market, which is experiencing some of the strongest economic and population growth in Florida,” said Matthew Gottesdiener, Northland’s chief investment officer.

“Jupiter Isle is the prototypical Northland value-add investment,” Gottesdiener continued. “It will be a comprehensive interior and exterior rehab program and a complete operational overhaul of an under-renovated asset in a high barrier-to-entry market.”

 

Full article here:

https://www.multihousingnews.com/post/investor-acquires-2-fl-communities-merges-them-to-1/

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Northland Acquires Two Apartment Communities in Jupiter, Florida https://northland.com/northland-acquires-two-apartment-communities-jupiter-florida/ Tue, 22 Aug 2017 06:30:32 +0000 http://www.northland.com/?p=12081 Increases Florida holdings to 8,375 units in 31communities NEWTON, MA and Jupiter, FL (AUGUST 21, 2017) – Northland Investment Corporation, a member of the National Multifamily Housing Council’s Top Fifty Owners, announced the acquisition of two adjacent communities in affluent Jupiter, Florida.  Formerly known as Mallards Cove and Shell Trace, the properties were combined at […]

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Increases Florida holdings to 8,375 units in 31communities

NEWTON, MA and Jupiter, FL (AUGUST 21, 2017) – Northland Investment Corporation, a member of the National Multifamily Housing Council’s Top Fifty Owners, announced the acquisition of two adjacent communities in affluent Jupiter, Florida.  Formerly known as Mallards Cove and Shell Trace, the properties were combined at closing and renamed Jupiter Isle.

Jupiter Isle consists of 359 units beautifully set on a lushly landscaped, low density, 42-acre site.  The location offers excellent access to Jupiter’s nationally ranked golf courses, pristine beaches, entertainment offerings, and transportation nodes. Northland will execute a sweeping renovation project across the property, including the creation of high-end interior living spaces and luxury amenities.

“Northland is pleased to continue its expansion in the Jupiter market, which is experiencing some of the strongest economic and population growth in the State of Florida,” said Matthew Gottesdiener, Northland’s Chief Investment Officer. “Jupiter Isle is the prototypical Northland value-add investment: a comprehensive interior and exterior rehab program and a complete operational overhaul of an under-renovated asset in a high barrier-to-entry top-tier market where Northland already owns a strategically positioned sister property.”

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Northland Acquires Cypress Shores and Village Place https://northland.com/northland-acquires-cypress-shores-and-village-place-increases-florida-portfolio-to-20-properties-2/ Wed, 14 Jan 2015 21:20:05 +0000 http://www.northland.com/?p=1576 Miami Herald Tuesday, January 13, 2015 Northland Investment Corporation, a privately held real estate investment company, has acquired the 300-unit Cypress Shores in Coconut Creek, FL and the 202-unit Village Place in West Palm Beach, FL. The properties offer high-end housing with superior amenities in two desirable Florida neighborhoods. With the addition of Cypress Shores […]

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Miami Herald

Tuesday, January 13, 2015

Northland Investment Corporation, a privately held real estate investment company, has acquired the 300-unit Cypress Shores in Coconut Creek, FL and the 202-unit Village Place in West Palm Beach, FL. The properties offer high-end housing with superior amenities in two desirable Florida neighborhoods.

With the addition of Cypress Shores and Village Place, Northland now owns and operates 20 properties and more than 5,600 apartment homes in Florida. The acquisition also includes the addition of 12 new Florida-based employees, bringing Northland’s total employees in Florida to 130. In total, Northland manages more than 21,000 residential apartment homes in multifamily properties across the U.S.

“Florida’s economy and population continue to grow, and Northland intends to continue building our presence in this vibrant state,” said Steven P. Rosenthal, President and CEO of Northland. “In addition to their exceptional amenities, Cypress Shores and Village Place are located close to other Northland properties and will benefit from our commitment to these locations.”

Cypress Shores (www.cypressshoresapts.com), located at 1901 Lyons Road in Coconut Creek, includes 300 class A units in 13 buildings. The property is less than 15 minutes from Boca Raton, downtown Fort Lauderdale and Cypress Creek, and close to access to major routes. The property is two miles from Coconut Creek’s Main Street District which includes retail, cinemas and the Seminole Casino. Cypress Shores’ extensive amenities include a pool and poolside Wi-Fi, picnic areas, a fitness center, tennis and sand volleyball courts, a car wash bay, and three lakes with fountains.

Village Place (www.myvillageplace.com), located at 2111 Brandywine Road in West Palm Beach, includes 202 class A units in 10 buildings. The property is just east of Village Boulevard and adjacent to I-95 and the Bear Lakes Golf Course. At Village Place, the ample amenities include a computer lounge; area for bar-b-ques and picnics; a multipurpose court for sports and recreation; a pool; a dog park; and a fitness center. In addition, Residents receive membership to three private community parks within The Villages – Faircloth, Perini and Stamford parks – which offer recreational activities including courts for tennis, racquetball and volleyball, jogging trails, swimming pools, kiddie pools, softball fields and picnic tables.

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Northland Named SW Florida’s Multifamily Company of the Year https://northland.com/northland-named-sw-floridas-multifamily-company-of-the-year-2/ Wed, 31 Dec 2014 15:41:55 +0000 http://live-northland.gotpantheon.com/?p=1534 MarketWatch Tuesday, December 30, 2014  Staff, residential communities also honored at Southwest Florida Apartment Association Awards NAPLES, Fla. & NEWTON, Mass., Dec 30, 2014 (BUSINESS WIRE) — Northland Investment Corporation, a privately held real estate investment company and one of the top fifty multifamily asset owners in the U.S., was honored with four awards by […]

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MarketWatch

Tuesday, December 30, 2014

 Staff, residential communities also honored at Southwest Florida Apartment Association Awards

NAPLES, Fla. & NEWTON, Mass., Dec 30, 2014 (BUSINESS WIRE) — Northland Investment Corporation, a privately held real estate investment company and one of the top fifty multifamily asset owners in the U.S., was honored with four awards by the Southwest Florida Apartment Association, including Multifamily Company of the Year. At an awards ceremony in Naples, Florida, two Northland communities also received Apartment Community of the Year awards in their size categories, and Mike Janowsky was named Service Technician of the Year.

The Multifamily Company of the Year award is presented annually to a company whose rapid growth in the Southwest Florida market surpasses any competitor. With growth to more than 2,600 apartment homes in the SW Florida area and more than 21,000 units across the country, Northland proved its strong commitment to investors, employees and residents in 2014.

“The mission of our residential communities is to provide comfort, convenience and exceptional customer service by accommodating all needs and creating a positive experience for every customer, every time,” said Steven P. Rosenthal, President and CEO of Northland. “To be honored for our achievements at the community level, as well as our successful growth and corporate strategy more broadly, highlights how hard our team works in Florida and across the country to make us proud.”

The Promenade at Reflection Lakes and The Ashlar, both in Fort Myers, took top honors for Apartment Communities (301-400 units and 401+ units). Both properties boast an average yearly occupancy of 97%. Mike Janowsky, Maintenance Technician at The Promenade, was recognized for his unwavering dedication to residents and to his team, assisting others and keeping the community grounds pristine.

 

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