Fogelman Properties (“Fogelman”), one of the country’s largest privately-owned multifamily firms, is pleased to announce that it was named as Newsweek's 2023 Top 100 Most Loved Workplaces®. The annual list recognizes companies that have created a workplace where employees feel respected, inspired and appreciated and are at the center of the business model. 

 

In collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company, the rankings were determined after surveying more than two million employees from businesses with workforces varying in size from 50 to more than 100,000.  

 

“We are incredibly honored to be recognized on the coveted Top 100 Most Loved Workplaces® list.  It is especially meaningful during our 60th anniversary and underscores our dedication to creating a workplace where team members thrive,” says Mark Fogelman, president of Fogelman. “We attribute the ranking to our collaborative culture, experienced team and unwavering commitment to excellence.” 

 

Since 1963, the company has evolved from a local Memphis family-owned business to a leader in multifamily with more than 100 communities and 650 associates across 13 states in the Southeast, Southwest and Midwest. Fogelman has a trusted team of tenured experts with its leadership team averaging 20+ years in multifamily, and more than a decade of dedicated service at Fogelman. Today, Fogelman operates a portfolio of more than 30,000 apartment homes and more than $4.5B in asset value.

 

The key areas included in the analysis are based on how well companies demonstrate the areas within the Spark Model as defined by BPI including Systemic Collaboration, Positive Vision of the Future, Alignment of values, Respect and Killer Achievement. Employee sentiments and emotions indicating how engaged employees are, how positive they feel about their workplace and how committed they are to the organization’s success were analyzed to identify the Top 100 Most Loved Workplaces®. 

 

“Fully understanding and acting upon employee sentiment, emotion and recommendations continues to be a challenge and top priority of executive leadership,” said Louis Carter, CEO of Best Practice Institute. “The companies on this list have committed to listening carefully to their employees to create a workplace employees love.”

 

“With the rapidly changing workplace and competition for top talent, more companies are recognizing the importance of employee engagement and commitment,” said Nancy Cooper, Global Editor in Chief, Newsweek. “The workplaces that have demonstrated a commitment to their employees in 2023 are more likely to attract the best talent and deliver strong business outcomes.”

 

For the complete Newsweek list of 2023’s Most Loved Workplaces, please visit https://www.newsweek.com/rankings/most-loved-workplaces-america-2023

 

 Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, announces the acquisition of Appling Lakes, a 312-unit apartment community in Memphis, Tennessee. 

 

Built in 1997, Appling Lakes features one, two and three-bedroom apartment homes with rental rates currently ranging from $1,163-$1,678. The recently acquired property is 94% occupied and will be managed by Fogelman. Fogelman’s investment plan entails a full renovation of the unit interiors, clubhouse and amenity areas.

 

“We’re thrilled to announce the acquisition of Appling Lakes in Memphis, Tennessee,” says Mike Aiken, SVP of Investments at Fogelman. “Memphis continues to be one of our top-performing markets and has seen strong in-migration patterns over the past six months. We’re excited to expand our hometown footprint and continue investing in the community.”

Fogelman acquired Appling Lakes through a joint venture with New York-based DRA Advisors. Since 2003, the Fogelman-DRA partnership has acquired 36 multifamily communities totaling more than 11,000 apartment homes and $1.5B in asset value. The current Fogelman-DRA portfolio now includes more than 5,600 apartment homes spread across Tennessee, Georgia, Kansas, Florida, Texas and North Carolina.   

 

Headquartered in Memphis since 1963, Fogelman Properties now manages 96 multifamily communities across the Southeast and Sun Belt regions. The company has grown from a local family-owned business to a leader in the multifamily industry, overseeing more than $5B in asset value. Fogelman and its investment partners aim to acquire $300M+ in multifamily assets in 2022. 

 

For more information, visit www.applinglakesapts.com

 

About Fogelman 

Fogelman Properties (Fogelman) is one of the country’s largest and most experienced privately-owned multifamily investment and property management companies. As a fully integrated company, Fogelman specializes in multifamily acquisitions, property management, construction management, and asset management. Nationwide, Fogelman operates 96 multifamily communities totaling more than 29,000 apartment homes across 13 states in the Southeast, Southwest and Midwest. Fogelman was recently named a top 10 multifamily property management firm by J Turner Research, based on their Online Reputation Assessment (ORA) score, and a top 30 company by Multi-Housing News. For more information about Fogelman, please visit www.fogelman.com or follow us on FacebookTwitter and Instagram

 

Latest acquisition marks completion of $190M in multifamily acquisitions across 5 markets in first half of 2022

 

CHARLESTON, June 15, 2022: Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, announces the acquisition of Westbury Mews, a 132-unit apartment community in Summerville, South Carolina, a Charleston submarket.

 

Built in 1988, Westbury Mews features one, two and three-bedroom apartment homes with rental rates currently ranging from $975-$1,420. The recently acquired property is 97% occupied and will be managed by Fogelman. The company’s investment plan entails a full renovation of the unit interiors, signage, landscaping, clubhouse and amenity areas.

 

“We’re pleased to announce the acquisition of Westbury Mews with our longtime partner, Thackeray. The property is prominently situated on a major road artery, with a variety of major employers in the healthcare, aerospace, and advanced manufacturing sectors all nearby,” says Mike Aiken, SVP of Investments at Fogelman. “With one of the largest inbound migration percentages in the country, Charleston is a proven, top-performing market and we’re thrilled to expand our footprint in the area.” 

 

Fogelman acquired Westbury Mews through a joint venture with Thackeray Partners. Together, the Fogelman and Thackeray partnership has acquired 16 multifamily communities now totaling more than 3,000 units.

Since January 2022, Fogelman and its investment partners have acquired five multifamily communities totaling more than 1,100 units for an aggregate cost of $190 million. Fogelman’s newly-acquired communities add to its growing portfolio in the Southeast. 

 

“We’re excited to continue expanding our investment portfolio in one of the strongest and most

vibrant regions of the country,” Mark Fogelman, president of Fogelman Properties. “We are grateful for our investment partners and look forward to substantial growth throughout the year.”

 

Headquartered in Memphis since 1963, Fogelman Properties now manages 96 multifamily communities across the Southeast and Sun Belt regions. The company has grown from a local family-owned business to a leader in the multifamily industry, overseeing more than $5B in asset value. 

 

For more information, visit www.westburymews.com

Fogelman Properties (Fogelman), one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of the newly rebranded Venue at Carrollton, a community formerly known as Renew at Carrollton. Fogelman acquired the 111-unit luxury apartment community in Carrollton, Georgia and has since renamed it to align with upcoming renovations and property enhancements.

 

Built in 1974, Venue at Carrollton offers one, two and three-bedroom apartment homes ranging from 900 to 1,200 square feet. The property is currently 96% occupied, and Fogelman’s investment plan entails a full renovation of the unit interiors, pool, clubhouse and amenity areas. Monthly rental rates currently start at $1,075. 

 

“We’re thrilled to grow our portfolio with Thackeray through the purchase of Venue at Carrollton. The property is in an ideal location with downtown Carrollton, Tanner Medical Center and the University of West Georgia all less than two miles away,” says Mike Aiken, SVP of Investments at Fogelman. “This Atlanta submarket remains one of our strongest and we look forward to further expanding our footprint in the area.” 

 

Fogelman acquired Venue at Carrollton through a joint venture with partner Thackeray. Together, the Fogelman and Thackeray partnership has acquired 15 multifamily communities totaling more than 3,600 units throughout the Southeast. 

 

Headquartered in Memphis since 1963, Fogelman Properties now manages 96 multifamily communities across the Southeast and Sun Belt regions. The company has grown from a local family-owned business to a leader in the multifamily industry, overseeing more than $5B in asset value. Fogelman and its investment partners aim to acquire $300M+ in multifamily assets in 2022.

 

For more information about the community, visit www.venueatcarrollton.com.

MEMPHIS, Tenn., Feb. 28, 2022: Fogelman Properties (Fogelman), one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the hire of Leah Jensen as Senior Vice President of Human Resources. 

 

Jensen will be based in the Memphis corporate office and brings more than 15 years of experience in human resources and business operations to her new role at Fogelman. The new SVP of HR will work closely with Fogelman’s senior management to consult on key organizational functions and is responsible for managing human resources, payroll, recruiting and training teams. 

 

“We’re so excited to welcome Leah to the team,” said Melissa Smith, Chief Administrative Officer at Fogelman. “She brings a wealth of expertise in human resources that will be a strong asset to our strategic direction, talent management and DEI efforts.”

 

Jensen previously served as COO, VP of Operations and HR Director at the Memphis Zoo where she directed a team of more than 300 employees and championed all human resources procedures in the areas of talent management, employee relations, employee communications and information system software (HRIS). As COO, Leah led the Memphis Zoo to a Top 10 ranking by USA Today.

 

Her most recent roles include serving as the Graduate Program Recruiter at the Bank of Ireland and HR Operations Manager at Vera Bradley. Jensen earned a bachelor’s degree in psychology from Goshen College and a CIPD Diploma in human resource management from the National College of Ireland. 

 

For more information about Fogelman Properties, visit www.fogelman.com

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of Walden Oaks, a 240-unit apartment community in Anderson, S.C.

 

Built in 2007, Walden Oaks is 97% occupied and offers one, two and three-bedroom apartment homes with rental rates starting from $1,179. The property will undergo renovations to all interior units as well as enhancements to the fitness center, clubhouse and pool area. Additional features include large open floor plans, nine-foot ceilings and walk-in closets.

 

“Anderson, South Carolina is the top ranked submarket in the Greenville MSA for rent growth,” says Mike Aiken, SVP of Investments at Fogelman. “We are excited to make another investment in the Upstate region and add Walden Oaks to our expanding portfolio with Thackeray.”

 

Fogelman acquired Walden Oaks through a joint venture with the Dallas-based company, Thackeray Partners. The closing marks the 14th acquisition for the Fogelman-Thackeray partnership, now totaling more than 2,700 units.

 

For more information, visit www.waldenoakslife.com.

 

About Fogelman 

Fogelman Properties (Fogelman) is one of the country’s largest and most experienced privately-owned multifamily investment and property management companies. As a fully integrated company, Fogelman specializes in multifamily acquisitions, property management, construction management, and asset management. Nationwide, Fogelman operates 94 multifamily communities totaling more than 28,000 apartment homes across 12 states in the Southeast, Southwest and Midwest. For more information about Fogelman, please visit www.fogelman.com or follow us on Facebook, Twitter and Instagram.

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