Atlanta (January 2020) – 2019 was an extremely productive year for Stonemark Management. The firm also predicts more growth in 2020.  

“We added 11 new communities to our portfolio, won several awards and dedicated time to helping others who are less fortunate,” said Stonemark President Walt Lamperski. This illustrates our strong commitments to both excellent client service and community involvement.” 

In one of its biggest moves, Stonemark expanded into Texas with new management contracts for Lookout Hollow Luxury Apartment Homes near San Antonio and Palms at Cinco Ranch outside Houston. It also added nine more communities across the  Southeast, including:

* Camellia Trace, Jackson, TN

* Cherry Grove, Jackson, TN

* Cumberland Crossing, Marietta, GA 

* Fields Carriage Hills, Montgomery, AL

* Fields One Center, Montgomery, AL

* Orchard Park, Greenville, SC

* Vinings Apartments, Smyrna, GA

* The Estates at Perimeter, Augusta, GA

* The Reserve at Ridgewood, Sandy Springs, GA

National honors bestowed include being named among the best workplaces in the multifamily industry. Honors include ranking in the Top 50 of the prestigious Best Places to Work Multifamily® competition. Stonemark is also among the Top 25 Best Workplaces for Women in Multifamily; the official ranking will be announced this March. 

Our local efforts were rewarded with two awards in the Maintenance Mania competition in Birmingham, Alabama. Regina Williams earned “Regional Manager of the Year” from the Birmingham Apartment Association. The Atlanta Apartment Association honored “Membership Ambassadors” including Marygrace Navarro and Darlene Hunter. 

In terms of giving back to the community, we helped The Atlanta Apartment Association Food-a-Thon raise enough donations to create 8.39 million meals for the hungry. We served treats at the Apartment Association of Greater Columbia’s golf tournament supporting Harvest Hope Food Bank. We assembled dozens of personal care packages for the homeless in United Way of Atlanta's Shoebox Challenge. We also volunteered at the Ronald McDonald House.

“We expect more excellent results in 2020,” Lamperski concluded. 

About The Stonemark Group 

The Stonemark Group focuses on the acquisition, financing, ownership, management and disposition of multifamily real estate investments in the Southeast, Texas and the Mid-Atlantic. The group includes Atlanta-based Stonemark Equities and Stonemark Management. For more information, visit stonemarkmanagementllc.com

Stonemark Management has promoted two managers to executive positions. Regional Managers Melissa Doss and Amanda Miller-Torres are now Regional Vice Presidents of the multifamily firm.

“Melissa and Amanda have a proven history of top performance,” said Senior Vice President Darlene Hunter, CAPS. “The clients they support hold them in high regard and trust them implicitly to oversee their businesses as if they were their own. The trust that their clients have for them has resulted in new business for Stonemark and their own portfolios.”

Doss oversees multiple multifamily portfolios throughout Georgia, South Carolina and Virginia. Her success stems from her diverse operational experience, a strong work ethic and a systematic management style that promotes clear communication. She holds the designations of Accredited Residential Manager (ARM) and Certified Property Manager (CPM) through the Institute of Real Estate Management.

Miller-Torres oversees South Carolina communities. She has a strong background in acquisitions and dispositions and repositioning underperforming communities. She has a firm understanding of day-to-day operations and is highly-engaged, ensuring associates are properly trained and supported. She has her Property Manager In Charge license through the South Carolina Department of Labor and Licensing.

Both Doss and Miller-Torres have lengthy careers, which span more than two decades each. 

The Stonemark Group focuses on the acquisition, financing, ownership and disposition of multifamily real estate investments in the Southeast and Mid-Atlantic. The group includes Atlanta-based Stonemark Equities and Van Mark Equities. For more information, visit www.stonemarkmanagementllc.com. 

Atlanta, Ga. – Stonemark Management is now managing Cumberland Crossing Apartments, in Marietta, Ga. 29th Street Capital, which recently acquired the 286-unit property, appointed Stonemark to manage and lease the community.  Stonemark will also oversee a capital program to renovate the interiors, upgrade the amenities and enhance curb appeal.

“We’ve managed several communities for 29SC, and are pleased they’ve entrusted us with Cumberland Crossing as well,” said Stonemark President Walt Lamperski. “We believe that our track record in managing upgrades – while negotiating with vendors for maximum savings – will enhance 29SC’s investment in the property reach its potential. 

The quiet, gated, pet-friendly community has one-, two-, three- and four-bedroom apartments. It is located in fast-growing Marietta near several major employers, SunTrust Park, upscale shopping options and area universities. Amenities include a pool, fitness center, business center, clubhouse, sauna, tennis court and playground. Apartments have fireplaces, full kitchens, patios or balconies, large closets and more. 

“We are excited to continue to grow our partnership with Stonemark in Atlanta, ” said Javier Bustillo, Senior VP for 29th Street Capital. “They have outperformed expectations for us consistently and we look forward to another successful transaction.”

Formed in 2009, 29th Street Capital is a privately-held real estate investment and advisory firm that employs a value-added investment strategy in acquiring properties that typically fall below the radar of its institutional peers. Learn more about 29SC at 29thstreetcapital.com.

The Stonemark Group focuses on the acquisition, financing, ownership, management and disposition of multifamily real estate investments in the Southeastern U.S. and Texas. The group includes Atlanta-based Stonemark Equities and Stonemark Management. For more information, visit stonemarkmanagementllc.com.