Pioneered by J. Turner Research, an online reputation management company exclusively serving the multifamily industry, the ORA statistical model aggregates and analyzes online ratings and reviews of over 120,000 properties. The District’s excellent score reflects the quality of this property and its online reputation, as well as Northland’s entire portfolio.

We are so proud of the outstanding online reputation that is maintained by our team at The District at Rosemary and their endless work to make our residents’ experiences memorable.

For more information on the ORA Power Ranking, visit ORA Elite 2020 (jturnerresearch.com)

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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.

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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.

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