GlobeSt. Real Estate Forum selects RangeWater Real Estate’s Executive Managing Director of Property Management, Sherry Freitas, as a 2023 Woman of Influence within the Property / Facility Manager category. She is among the top women executives who impact the market and drive their respective industries to new heights through outstanding leadership. Freitas will receive this honor at the fourth annual GlobeSt. Women of Influence Conference, which will take place at the Everline Resort in Lake Tahoe, CA, on July 25th.

“We are thrilled to celebrate Sherry on her well-deserved recognition as a GlobeSt. Real Estate Forum Woman of Influence,” said Steven Shores, chairman and CEO of RangeWater. “She is a valued member of our executive team overseeing more than 1,400 employees across 12 states, each playing an integral role in the success of our organization.”

An industry veteran with over 25 years of multifamily experience, Freitas served as Senior Managing Director of Property Management at RangeWater Real Estate before her promotion to Executive Managing Director earlier this year. In this role, she spearheads RangeWater’s growth strategy across the Sun Belt and Mountain West regions, where residential communities are in high demand. RangeWater most recently claimed the #12 spot on the 2023 National Multifamily Housing Council’s Top 50 Managers list with nearly 100,000 apartments and build-to-rent homes under management. Jumping from its previous list ranking of #17 in 2022 and #33 in 2021, RangeWater has more than doubled the number of communities in its portfolio since 2020.

With a bachelor’s degree in business administration in marketing from Radford University and a Certified Property Manager through the Institute of Real Estate Management, Freitas has extensive experience in multifamily housing, having worked for industry players such as Greystar, Wood Partners, Waterton Associates, and ING Real Estate in high-density markets throughout the U.S., Europe, South America, and Asia Pacific. Freitas is also a member of several associations related to the multifamily housing industry, including the National Apartment Association, the Georgia Apartment Association, and the Atlanta Apartment Association.

Rental Housing Leader Closes on Ninth Development Project in Charlotte

 

RangeWater Real Estate continues to expand its presence in the Sun Belt after closing on 3.79-acres in Charlotte’s Lower South End. The 350-unit multifamily apartment community, The Kingsman, marks RangeWater’s ninth development in the Charlotte market.

 

As a leader in Charlotte’s South End, the Atlanta-based company is committed to revitalizing this former industrial corridor into the Queen City’s most vibrant infill neighborhood. RangeWater’s first South End development, the award-winning Penrose, served as a catalyst in establishing a community hub and ultimately set a new high-water mark when it sold in 2019. The Penrose blazed a trail for a number of additional RangeWater development opportunities in the area, including The Artizia at LoSo, completed in 2021 and still under ownership of RangeWater, and The Raven at Tremont, a 261-unit development in the South End slated for completion this Fall. The firm currently manages over 5,800 units in the market.

 

“Charlotte continues to be a target market for our team to develop, acquire and manage,” said Steven Shores, Chairman and CEO of RangeWater. “As our ninth development project here, we’re looking forward to serving Lower South End’s energetic neighborhood once again.”

 

Charlotte has seen impressive economic growth in recent years, making it an attractive location for real estate developers and investors alike. According to the Charlotte Regional Business Alliance, the city has seen a 4.6% job growth rate in the last year, outpacing the national average at 2.9%. Additionally, Charlotte is home to numerous Fortune 500 companies, including Bank of America, Lowe's, and Duke Energy, which contribute to the city's robust economy. The city’s robust growth and the emergence of these thriving new neighborhoods make it a prime location for RangeWater's continued investment in the area.

 

The Lower South End has quickly earned its reputation as an exciting new entertainment district in Charlotte, teeming with chic eateries, bars and breweries, eclectic shops, fitness studios, art, nightlife, and tech start-ups. A walkable community, The Kingsman is ideally situated along the Charlotte Light Rail, providing convenient access to mass transit for residents looking to live, work, and play in the growing urban district.

 

Located at 4700 Nations Crossing, The Kingsman will offer studio, one-, two- and three-bedroom apartments ranging from 543 to 1,519 square feet. The interior of the apartments will feature modern touches, including premium unit finishes, quartz countertops, matte black hardware, stainless steel appliances, and smart unit entry. The pet-friendly community will also provide a wide range of amenities, such as a dog park and spa, a resort-inspired pool, a luxury clubroom, co-working spaces, micro-offices, outdoor grills and fireplaces, a fitness center and a sky lounge with unobstructed views of the burgeoning Uptown neighborhood.

 

“The Kingsman demonstrates RangeWater’s conviction in Lower South End’s strength as a submarket,” said Palmer McArthur, Managing Director of Development for the Carolinas and Tennessee at RangeWater Real Estate. “Having quickly emerged as a highly desirable location for residents seeking a dynamic urban lifestyle, we are excited to further contribute to the neighborhood’s positive growth.”

 

RangeWater will break ground on The Kingsman in May, with move-ins anticipated in April 2025.

 

For more information, please visit LiveRangeWater.com.

The Mabry by Storia® is RangeWater’s first Build-to-Rent community in Gwinnett County with 156 single-family homes, while The Margot will deliver 332 apartments

 

ATLANTA (November 2, 2022) RangeWater Real Estate, a fully integrated multifamily real estate company across the Sunbelt and Mountain West, commemorated the groundbreaking of its  new 50-acre residential community composed of both single-family and apartment homes in Lawrenceville, Ga., a fast-growing area located approximately 30 miles northeast of Atlanta. The $140+ million project includes The Mabry, a build-to-rent community with 156 single family homes and townhomes, along with The Margot, a multifamily community featuring 332 apartment homes.

The official groundbreaking ceremony was held on November 2nd at 2274 Azalea Dr. Lawrenceville, Ga. Local influencers, members of the media, real estate brokers and city officials attended the exclusive launch which culminated with a ceremonial groundbreaking by RangeWater’s executive team, including Steven Shores, Chairman and CEO; Brian Oates, Executive Managing Director of Development; and Alp Kirmizioglu, Director of Construction at RangeWater.

"I am proud of our diligent and resourceful team for seeing the energy and potential in Gwinnett County to build this meticulously designed community of townhomes, detached single-family homes and apartment homes," said Steven Shores, Chairman and CEO of RangeWater. "Gwinnett is one of America's fastest-growing counties and now one of the nation's most diverse. We are excited to expand our footprint in the area and finally bring these projects to life in this dynamic and exciting county, which combines the best of big city living with the comforts of the suburbs."

RangeWater closed on the acquisition of the property at the corner of Azalea Drive and Buford Drive in June of 2022 and simultaneously launched its new construction division, RangeWater Construction, led by Alp Kirmizioglu. The new division is currently overseeing the construction of 620 multifamily and single-family units, valued at $120 million, across the country, and has another 800 units valued at $140 million planned to start next year.

The Mabry, part of RangeWater’s Storia® build-to-rent platform, will deliver 156 detached single-family homes and townhomes. The homes will offer three- and four-bedroom floor plans ranging from 1,400 to 2,200 square feet, each with its own backyard or patio. Community amenities include a pool, an events lawn, a dog park and a walking trail around a scenic pond.

The Margot will deliver 332 apartment homes featuring one and two-bedroom floor plans ranging from 750 square feet to 1,153 square feet. Amenities will include a terraced English garden and native plant meadow, an infinity pool, an outdoor kitchen, an event space and two dog parks.

Both communities are just minutes away from The Exchange at Gwinnett, a mixed-use development anchored by Top Golf and Andretti Indoor Karting & Games, and a short drive from Minor League Baseball’s Coolray Field, home of the Gwinnett Stripers.

RangeWater plans to offer pre-leasing for The Mabry in Fall 2023 and The Margot in Winter 2023. For more information, please visit LiveRangeWater.com.

 

 

RangeWater Real Estate welcomes Senior Managing Director of Development Andrew McIntyre to its growing multifamily firm. McIntyre brings more than two decades of experience overseeing the construction of more than 3,200 multi-family units and $2.3 billion in development to the role.  

 

At Atlanta-based RangeWater, McIntyre joins the development team’s leadership to shoulder an array of duties spanning business plan formation through project execution for the entire RangeWater-owned development portfolio. 

 

“I am honored to join the development team at RangeWater,” said McIntyre. “RangeWater has an impressive track record and continues to lead the market. I’m eager to focus my residential expertise on increasing the volume of development deals we're able to execute in submarkets where RangeWater currently has a presence, as well as new submarkets across the country.”

 

McIntyre will expand the firm’s development portfolio to include emerging markets in the Mountain West, while also focusing on execution in the Southeast and Southwest. He will focus initially on projects in Denver, Phoenix and Salt Lake City.  

 

Stepping into this leadership role at RangeWater is a homecoming for McIntyre, who lived in Atlanta while earning a bachelor’s degree in building construction at Georgia Tech with a minor in economics. He also holds a Master of Business Administration degree from Johns Hopkins University.  

 

McIntyre then spent two decades in the Washington, D.C. market overseeing projects at Combined Properties Inc. and at Penzance, JBG Smith, and PN Hoffman (now Hoffman & Associates).  

 

He will work with RangeWater’s Executive Managing Director of Development Brian Oates to ensure that the company stays in front of project planning, resource needs, market and cost trends, risk management, third-party design and builder relationships, and overall execution strategy for the company’s portfolio. 

 

“As we continue to break ground on more communities, Andrew’s expertise will allow us to keep an accelerated pace without compromising excellence in execution,” said Oates.  “Each deal is unique and requires multiple parties work in unison to achieve success. Andrew’s experience and insight will ensure we stay ahead of market trends, deliver on investor expectations, and continue to provide fulfilling experiences to our residents.”  

 

McIntyre adds that all resident touchpoints are an opportunity to incorporate new technology, and remains mindful that there is a fine line between being on the leading edge versus the “bleeding edge.”  

 

“Property technology needs to provide convenience for residents and ease to team members,” McIntyre explained. “Features like access control, package delivery and thermostats are among trends we need to continue to improve upon and incorporate into our communities to provide the best solutions for our residents.” 

 

While developers everywhere are facing economic headwinds, McIntyre believes there are still deals to be made.  

 

“We can deliver great projects by digging in, sharpening our pencils and doing the work to unearth potential developments worth pursuing and matching them appropriately with the right partners,” he said. “My job is to make sure that we provide our development teams all the resources they need – time, money, direction, scope – to make good decisions and build great communities.” 

 

McIntyre lives in Atlanta with his wife Sabrina and dog Apollo. He enjoys cycling, tennis, weight training, boating and “great wine and food.”  

 

About RangeWater Real Estate 

RangeWater is a fully integrated multifamily real estate company creating fulfilling experiences for its partners, clients, residents and employees across the Sun Belt and Mountain West. The Atlanta-based company has acquired and developed more than 34,000 multifamily units since its inception in 2006 representing in excess of $6.5 billion in total capitalization. RangeWater currently manages a balanced portfolio of over 93,000 multifamily units across 11 states. With offices in Atlanta, Dallas, Denver, Tampa and Salt Lake City, RangeWater targets high job growth markets with demand for new housing. For more information, visit LiveRangeWater.com.

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