Tampa, Fla. (January 25, 2021) – American Landmark, an industry leader and one of the fastest-growing multifamily owner-operators in the country, has promoted Cornelious Callaway Jr. to Regional Vice President. In this role, Callaway Jr. will oversee day-to-day operations and management of  American Landmark apartment communities in the Atlanta, Raleigh, and Charleston markets. Callaway Jr. resides in Atlanta. 

“Cornelious is an effective communicator who has consistently delivered results, improving occupancy and retention at our communities, while meeting and exceeding customer service needs and expectations,” said Stacey Bondar, Chief Operating Officer  at American Landmark. “He has provided actionable insights to help mitigate costs and produce high-level sales, advancing American Landmark’s focus on development and long-term growth, thereby demonstrating his readiness to take on a larger, more significant role in the organization.”

Callaway Jr. joined American Landmark in March 2020 as Regional Property Manager responsible for seven properties in the Atlanta metro area. In that role, he mobilized business resources and evaluated marketing plans to manage a portfolio of more than 1,500 units in Georgia and South Carolina. Prior to joining American Landmark, Callaway Jr. held roles at CF Real Estate, RADCO and Greystar. 

For more information, please visit www.alapts.com. 

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The View of Fort Worth will be rebranded to The Shelby at Northside

Fort Worth, Tex. (November 2, 2020) – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired The View at Forth Worth apartments, a 300-unit luxury apartment property located in Fort Worth, Texas. The property was acquired for an undisclosed price. American Landmark will rebrand and rename the property “The Shelby at Northside.”

American Landmark now owns 18 apartment communities in the Dallas-Fort Worth metropolitan area.

“This is a brand new luxury property in an excellent location in the highly sought-after Fort Worth submarket of Dallas,” said Christine DeFilippis, chief investment officer at American Landmark. “Suburban sunbelt markets like this one have outperformed other markets throughout the past year due to high in-migration from large cities and high-tax states. This property is an excellent addition to our growing Texas portfolio.”  

Built in 2018, The View of Fort Worth is located at 1852 North Eastside Drive, and consists of studio, one- and two-bedroom apartments ranging from 594 square feet to 1,169 square feet. Apartments feature chef-inspired kitchens with stainless steel appliances, designer tile backsplashes and quartz countertops; hardwood style flooring; large walk-in closets; energy-efficient thermostats; in-home washer/dryer; private patio or balcony; and views of downtown Fort Worth.

Community amenities include a resort-style pool and expansive sundeck and outdoor firepit lounge area; clubhouse with lounge, cyber café, business lounge, complimentary coffee bar, and package lounge; fitness center; bark park and pet wash spa; yoga loft; shuffleboard and life-sized snooker; and two courtyards.

In addition to rebranding, American Landmark will  add luxury lighting fixtures and electronic/smart locks in apartments, and complete upgrades to the pool deck area, fitness center and landscaping.

The community is conveniently located just off of I-35W, less than five minutes to downtown Fort Worth and the Fort Worth Stockyards historic district. 

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About American Landmark

American Landmark Apartments/Electra America is one of the fastest-growing multifamily owner-operators in the United States. Based in Tampa, Florida, American Landmark specializes in the opportunistic acquisition and aggressive management of value-add multifamily assets located in high-growth markets throughout the Southeast United States. Our current portfolio consists of approximately 33,000 units in Florida, Georgia, North Carolina, South Carolina and Texas. The sponsorship team has a solid 25-year track record in the multifamily arena, having purchased and successfully exited over 150,000 units. Including the sale of its public company, Landmark Apartment Trust, for $1.9 billion in 2015, the leadership team has delivered an average 23 percent IRR to investors over the past 25 years and our current funds are outperforming projections. We believe in alignment of interests between sponsors and investors, and full and transparent audited reporting in both GAAP and IFRS. American Landmark is committed to delivering great service and outstanding living environments to residents; and delivering consistent, attractive risk-adjusted returns to investors and partners.

Charlotte, N.C. – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired Madison Square at Northlake, a 287-unit garden-style asset in Charlotte, North Carolina. Located in the Wedgewood neighborhood about 15 minutes north of downtown Charlotte, the Class A asset marks the firm’s seventh acquisition in the area. Madison Square at Northlake was 97 percent occupied at the time of acquisition.

American Landmark, and its equity partner Electra America, continue to selectively acquire properties in excellent locations across the Southeast and Southwest. The company has completed 26 property acquisitions worth over $1.5 billion since the beginning of 2018, adding over 10,000 apartment units to its portfolio.

“North Carolina’s growth continues to remain an attractive investment factor for us to consider, particularly new investments within Charlotte in the tech and innovation sectors,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “From Lending Tree’s expected delivery of new jobs stemming from its expansion in Mecklenburg County, to the Charlotte and Triangle region’s upcoming Cleantech Commercialization Corridor platform for regional startups, the area is realizing a diverse labor market that will sustain apartment demand.”

American Landmark will carry out approximately $2.3 million in capital improvements throughout the property. Unit enhancements will include granite countertops within kitchens and bathrooms, USB outlets, and curved shower rods. Community enhancements will offer plank flooring throughout all common area levels and an expanded fitness center.

Built in 2013, Madison Square at Northlake is located at 10015 Madison Square Place. One-, two-, and three-bedroom units feature hardwood floors, crown molding, vaulted ceilings, walk-in closets, window coverings, dishwasher and disposal. Community amenities include a fitness center, swimming pool, bike storage, and media center/movie theater.

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About American Landmark

American Landmark Apartments/Electra America is one of the fastest-growing multifamily owner-operators in the United States. Based in Tampa, Florida, American Landmark specializes in the opportunistic acquisition and aggressive management of value-add multifamily assets located in high-growth markets throughout the Southeast United States. Our current portfolio consists of approximately 23,000 units in Florida, Georgia, North Carolina, South Carolina and Texas. The sponsorship team has a solid 25-year track record in the multifamily arena, having purchased and successfully exited over 150,000 units. Including the sale of its public company, Landmark Apartment Trust, to Starwood for $1.9 billion in 2015, the leadership team has delivered an average 23 percent IRR to investors over the past 25 years and our current funds are outperforming projections. We believe in alignment of interests between sponsors and investors, and full and transparent audited reporting in both GAAP and IFRS. American Landmark is committed to delivering great service and outstanding living environments to residents; and delivering consistent, attractive risk-adjusted returns to investors and partners.