HOUSTON – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Haven at Liberty Hills, a 246-unit Class ‘A’ multifamily asset in Houston. The asset will undergo approximately $890,000 in property improvements.

American Landmark, and its debt and equity partner Electra America, are selectively and decisively acquiring value-add properties in excellent locations across the Southeast and Southwest. The firm, which has already acquired 17 properties this year worth over $800 million, expects to complete $1.5 billion in multifamily acquisitions in 2018. This is their eighth acquisition in Houston and 18^th in Texas.

The firm plans to implement its standard enhancements to common areas with modern amenities including a dog park, summer kitchen, and fire pits alongside the pool area.

“Houston remains an attractive market for investment thanks to accelerated hiring that underpins strong demand outpacing new deliveries,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “The addition of a Class ‘A’ asset to our portfolio offers an opportunity to give residents an improved living experience with amenities that meet their needs.”

Built in 2018, Haven at Liberty Hills is located at 14580 Crosby Freeway. One- and two-bedroom units include black appliances with in-door water, faux wood blinds, generous closet and storage space, washer/dryer, granite countertops, brushed nickel designer hardware, and bright open floor plans. The pet-friendly community also includes a club-quality lifestyle center, swimming pool with sundeck and Wi-Fi, outdoor kitchen, and resident game lounge.

Situated five minutes away from Crosby Freeway, Haven at Liberty Hills is situated less than 20 minutes away from Downtown Houston, offering ease of access to major employment hubs including University of Houston-Downtown and Minute Maid Park. The community is also surrounded by recreational areas, including Brock Park Golf Course, Banana Bend Nature Preserve, Gene Green Beltway 8 Park, and River Terrace Golf Course.

Tampa, Fla. - American Landmark, one of the fastest-growing multifamily owner-operators in the country, has appointed Hollie Lawing to the role of Executive Vice President of Revenue Management. She will be based out of Dallas and report to Principal & CFO Jim Miller.

As Executive Vice President of Revenue Management, Lawing will be responsible for revenue management of the firm’s portfolio including acquisitions, renovations and dispositions.

“Hollie’s experience brings a complementary perspective to American Landmark’s current trajectory and goals,” said Joe Lubeck, CEO of American Landmark. “We look forward to her contributions as we continue providing our residents with exceptional service.”

Prior to joining American Landmark, Lawing served as a manager for YieldStar Advisory Services, a division of leading real estate software provider RealPage. In this role, she oversaw a team of eight advisors; created partnership reviews for national and regional clients; led, trained and developed advisory services; and identified risks while providing revenue positive solutions.

Bringing over 17 years of commercial real estate knowledge in the multifamily sector, Lawing launched her career in leasing and rapidly moved through various community roles. Prior to her role at YieldStar Advisory, she served as district manager for a national REIT, where she reduced expenses through contract negotiations, completed renovations and conversions to stabilize communities, and achieved 7 percent revenue growth on multiple sites.

Lawing received her CAPS designation in 2014 and currently teaches real estate at the Apartment Association of Greater Dallas and Apartment Association of Tarrant County. Lawing has frequently been invited to speak at regional association conferences.

Hollywood, Fla. – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Park Colony Apartments, a 316-unit multifamily community in Hollywood. The property will be renamed The EnV under new ownership. The asset was 97 percent occupied at time of closing and will undergo approximately $3.5 million in capital improvements.

RSE Capital, a Washington D.C.-based firm that specializes in competitively priced, flexible and reliable capital solutions for real estate partners, provided joint venture equity for the acquisition.

American Landmark, and its debt and equity partner Electra America, are acquiring value-add properties in distinct locations across the Southeast. The firm, which has already acquired 14 properties this year worth over $700 million, expects to complete $1.5 billion in multifamily acquisitions in 2018.This is their fourth acquisition in the South Florida metropolitan area.

The firm plans to implement its standard enhancements to interiors and common areas with contemporary amenities, including granite countertops, backsplash, new plumbing and lighting fixtures, bathroom accessories, plank flooring, lush landscaping, and fresh paint. Improvements to and expansion of the community clubhouse, fitness center, and swimming pools will also be a large component of the renovation.

“The addition of The EnV to our South Florida portfolio allows us to further capitalize on the demand created by limited affordability. The EnV expands the menu of options to our residents with a commuter-friendly location and rents at a discount to downtown and beach-centric locales,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “Vintage rental communities in Broward County are a novelty. The ability to acquire another asset in the Fort Lauderdale MSA gives us the opportunity to expand our offerings to residents and raise the standard of living.”

Built in 1987, Park Colony Apartments is located at 812 S. Park Road. One-, two-, and three-bedroom units offer dishwasher, refrigerator, washer/dryer, private balcony/patio, and ceiling fans. Community amenities include a business center, breakfast bar, dog park, two sparkling swimming pools, video library, and tennis court.

Situated in the Park East neighborhood of Hollywood, Park Colony Apartments is found near important transit routes and employment hubs. Hollywood’s Central Business District is approximately 10 minutes away, and Florida’s Turnpike is less than 10 minutes away. Seminole Hard Rock Hotel & Casino is about 20 minutes away, and North Perry Airport is less than 15 minutes away.

Mansfield, TX – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Advenir at Mansfield, a 334-unit garden-style apartment community located in Mansfield. The property will undergo $1,528,190 in improvements and will be the firm’s 19^th acquisition in Texas and their second in the Dallas-Fort Worth metro area.

American Landmark, and its debt and equity partner Electra America, are selectively acquiring value-add properties in strategic locations across the Southeast and Southwest. The firm, whose property portfolio currently consists of approximately 23,000 apartments in five states, expects to complete $1.5 billion in multifamily acquisitions in 2018. All of its newly acquired properties are upgraded and modernized, providing many of the amenities today’s renters desire most.

Senior Managing Director Mitch Sinberg and Associate Director Matt Robbins of Berkadia South Florida, along with Senior Managing Director Bob Falese and Senior Director Matt Cullison of Berkadia’s Philadelphia office, arranged the loan on behalf of American Landmark.

“The Dallas-Fort Worth area has always been an attractive market, more so with its economy expanding and record low unemployment.  These fundamentals are conducive to continued demand,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “We are capitalizing on the inherent suburbanization of the DFW MSA facilitated by the recent completion and opening of State Highway 360, providing quick access to downtown employment centers while nestled in Mansfield’s local amenities and attractions.”

American Landmark plans to make improvements to unit interiors and community amenities, including new kitchen backsplashes, plank flooring, and lighting fixture upgrades in bathrooms. Community amenities include fresh breezeway paint, improvements to the clubhouse, fitness center, and swimming pool, as well as the introduction of a mail package system.

Built in 2010, Advenir at Mansfield is located at 370 North State Highway 360. One-, two-, and three-bedroom units include walk-in closets, washer/dryer, and balcony/patio. Community amenities include billiard room, business center with Wi-Fi, pet park, poolside bar with grill station, resort style pool, grill area, and tot lot.

The property is located near important transit routes and employment hubs, including Texas 360 and East Broad Street which are less than five minutes away. Mansfield Sports Complex and Vernon Newsom Stadium are also less than five minutes away, and Methodist Mansfield Medical Center is less than 10 minutes away.

Charlotte, NC - American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Steele Creek South, a 456-unit multifamily community in Charlotte, North Carolina. The property will be renamed Avant at Steele Creek and will include approximately $3.2 million in property improvements. The property was acquired from Livcor for an undisclosed amount.

American Landmark, and its debt and equity partner Electra America, are selectively acquiring value-add properties in strategic locations across the Southeast. The firm, whose property portfolio currently consists of approximately 23,000 apartments in five states, expects to complete $1.5 billion in multifamily acquisitions in 2018. All of its newly acquired properties are upgraded and modernized, providing many of the amenities today’s renters desire most.

“Our focus continues to be on areas with high job and population growth, and after recognizing Charlotte’s excellent fundamentals early on, we look forward to being a part of the community’s growth,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “The fact that Charlotte and its surrounding areas are experiencing some of the nation’s fastest population growth, along with investments by robust service firms and a high-performing school system, made the decision to invest in Charlotte abundantly clear.”

American Landmark plans to make improvements to unit interiors with new kitchen cabinets, backsplashes, stainless steel appliances, lighting fixtures and plank flooring. In addition, the firm will also provide enhancements to the community’s landscaping and clubhouse.

Built in 2007, Steele Creek South is located at 13212 Winter Hazel Road. Units range from one to four bedrooms and include spacious closets, washer and dryer connections, tile flooring, fully equipped kitchens, crown molding and stainless steel appliances. Community amenities include a recycling center, clothes care center, clubhouse with complimentary Wi-Fi, fitness center, sundeck, picnic area and two swimming pools.

The property is located near restaurants, parks, stores and transit routes NC-49 and NC-160. Nearby employers include Wells Fargo Bank, The Home Depot and Charlotte Douglas International Airport.

Raleigh and Durham, N.C. – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired two properties in Raleigh and Durham, North Carolina - Edinborough at the Park and Edinborough Commons. The properties, which together total 642 units, will both be renamed and receive $4.5 million in upgrades and renovations. The properties were acquired from Livcor, a Chicago-based real estate asset management firm, for an undisclosed price.

American Landmark, which owns and manages a portfolio of 23,000 apartments throughout the Southeastern U.S., has been making a big push into the North Carolina market over the past two years. It currently owns five properties in Raleigh and nine in Charlotte. Along with its debt and equity partner, Electra America, American Landmark selectively acquires value-add properties in strategic locations across the Southeast, upgrading, modernizing and beautifying each to provide amenities that today’s renters want.

“We're seeing a lot of tech-fueled growth across the Southeast, and in the Research Triangle Park area of course, combined with overall low unemployment across the country. This has created an unprecedented demand for apartments, so our goal is to meet that demand by ceating desirable, yet attainably priced, housing options for a more mobile workforce,” said Christine DeFilippis, Chief Investment Officer at American Landmark.

Edinborough at the Park, located at 200 Edinborough Drive  in Durham, has 330 one-, two-, and three-bedroom apartments, each with open-concept floor plans, lofted 9-foot ceilings, a fireplace, a private balcony/patio, and spacious closets. The property will be renamed "200 East" following renovations. It was 95 percent occupied at the time of sale.

Edinborough Commons, located at 6421 Campus Drive in Raleigh, has 312 apartments including one-, two-, and three-bedroom units with open-concept floor plans, lofted 9-foot ceilings, a fireplace, a private balcony/patio, and spacious closets. It will be renamed "The Mark" following renovations. It was 94 percent occupied at the time of the sale.

Both properties, which have swimming pools, 24-hour state-of-the-art fitness centers, and tennis and/or volleyball courts, will receive a total of approximately $4.5 million in improvements, including the installation of stainless steel appliances and new kitchen cabinetry, new lighting and plumbing fixtures, installation of washer/dryers in some units, and wide-ranging improvements to common areas including the pools, clubhouse and landscaping.