American Landmark Acquires Apartments in Fort Lauderdale Metro

18 August 2022

The 244-unit Glen at Cypress Creek will be renamed “The Asher”


American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Glen at Cypress Creek, a 224-unit apartment community located in North Lauderdale, Fla., in Broward County. The property has been renamed “The Asher.”

“South Florida has seen record growth this past year, with a number of corporation relocations driving intense demand for apartments in the tri-county area,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “We are pleased to continue growing our portfolio in South Florida, where American Landmark already has an extensive presence.”

Built in 1997 and located at 1949 Cove Lake Drive, The Asher offers one-, two- and three-bedroom floor plans ranging from 760 to 1,238 square feet. The apartments feature wood-style flooring, stainless steel appliances, a dishwasher, a washer and dryer, spacious walk-in closets and some units include a private terrace or balcony. Located next to Cove Lake, the community provides a wide range of amenities such as a pool, sundeck, fitness center, business center, barbeque and picnic area, car care center, volleyball court, basketball court and racquetball court.

The property is situated halfway between Fort Lauderdale and Boca Raton, just minutes away from Florida’s Turnpike and I-95, providing easy access to world-class golf courses, famous beaches and an array of shops and restaurants downtown. The location offers an urban and suburban mix as it is a small quiet area but neighbors the bustling city of Fort Lauderdale.