Premier multifamily management company earns “A” grade in bi-annual ApartmentRatings SatisFacts Top Management Companies list and 2020 ORA™ Elite 1% Award from J Turner Research

Charlotte, NC (April 19, 2021) — RKW Residential, a multifamily management firm that has quickly evolved into an industry leader on the strength of its People First Philosophy, received two significant recognitions from highly regarded resident satisfaction agencies.

The company earned an epIQ grade of “A” in the ApartmentRatings SatisFacts “Top Management Companies” list. Nearly 30 RKW-managed apartment communities were also honored as ApartmentRatings “Top Rated Communities” award winners.

Twice a year, SatisFacts releases the epIQ Index, which measures the resident experience and community performance based on SatisFacts surveys and reviews on ApartmentRatings.com.  RKW made significant moves, climbing from a July 2020 ranking of #58 to #31 in January 2021.

RKW also saw a 30% increase in the number of communities placing on the 2020 Elite 1% ORA™ Power Ranking by J Turner Research, the leading market research firm exclusively serving the multifamily industry. The annual ranking is based on monthly online reputation research of more than 122,000 apartments across multiple review sites and Internet Listing Services.

To earn this distinction, a community had to register a minimum ORA™ score of 90 (on a scale of 0-100). The national average ORA™ is 65.73.

The community rankings follow RKW making the list of the industry’s top management companies in the 2020 ORA™ Power Ranking for online reputation management.

“These recognitions are particularly special because they get to the core of our operating mission to provide superior customer service to our residents,” RKW SVP of Marketing & Strategy Joya Pavesi said. “When you create an enjoyable living experience and are attentive to the daily needs of residents, everything else falls into place. I cannot thank our incredible team members enough for all they do to make accolades like these possible.”

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About RKW RESIDENTIAL: RKW RESIDENTIAL is an award-winning third-party multifamily property management firm headquartered in Charlotte with a regional office in Miami, Orlando, Atlanta and Raleigh. With nearly 25,000 multifamily units under management and a growing footprint spanning six states, RKW delivers expertise in multifamily management through its technology, marketing and customer experience platforms.  The firm’s principals have extensive experience in multifamily investments and property management including acquisitions/dispositions, developments, lease-ups, stabilized and value-add assets. RKW is built on the foundation of its People First Philosophy, which prioritizes client relationships, employee satisfaction, and top-tier customer service for its residents. Through this, the firm delivers on its brand promise of “Expert People. Exceptional Places” to enhance property values and achieve success. RKW was formed out of the partnership of Rivergate Companies, a private real estate investment firm, and KW PROPERTY MANAGEMENT, one of the largest condo management companies in Florida representing more than 90,000 condo units. RKW appeared on the Multi-Housing News List of Top 25 Management Firms in the U.S. in 2019 and 2020 and has also received numerous regional and national awards.  For more information, visit www.rkwresidential.com.

Dermot Company makes initial foray into state with Seabourn Cove in Boynton Beach

Boynton Beach, FL (March 9, 2021) — New York-based multifamily investor Dermot Company retained premier property management firm RKW Residential to oversee its inaugural Florida community. RKW is managing Dermot’s Seabourn Cove in Boynton Beach.

Dermot’s recent acquisition of the upscale apartment community underscores the intense demand for South Florida multifamily assets from New York investors. The continued migration to the region from New York and other high-tax states makes high-end communities like Seabourn Cove particularly desirable.

Developed in two phases, Seabourn Cove is comprised of a 308-unit community at 3501 N. Federal Hwy. and a 148-unit community at 3480 Old Dixie Hwy. It includes a mix of one, two and three-bedroom apartments ranging from 888 square feet to 1,719 square feet. Amenities include two heated swimming pools, two modern fitness centers with an indoor basketball court and a fenced-in pet park.

Before the Seabourn Cove acquisition, Dermot primarily focused on multifamily properties in New York and North Carolina. RKW also manages the company’s Pointe at Crabtree community in Raleigh, North Carolina.

“It is exciting to have another opportunity to partner with Dermot and facilitate a successful debut for the company in Florida,” RKW Partner and SVP of Client Services John Zalkin said. “Seabourn Cove is a beautiful community in an optimal location for anyone relocating to – or already established in – Palm Beach County.”

For more information about Seabourn Cove, visit www.seabourncove.com.

RKW’s Florida footprint continues to grow with high-profile community assignments. In January 2021, the firm announced the additions of Treasures on the Bay in Miami’s North Bay Village and Central Gardens Grand Apartments in Palm Beach Gardens. The Treasures and Central Gardens communities are RKW’s first assignments with respective owners Mast Capital of Miami and L&L Holding Co. of New York.

In late 2020, RKW made its first appearance in the Charlotte Business Journal “Fast 50” ranking of the region’s fastest-growing private companies. RKW ranked No. 16 in the 2020 list.

RKW was recently recognized by Multi-Housing News as the nation’s second-fastest growing multifamily management company in the publication’s 2020 rankings. The company appeared on the Multi-Housing News 2020 “Top Property Managers” list for the second consecutive year. 

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About RKW RESIDENTIAL: RKW RESIDENTIAL is an award-winning third-party multifamily property management firm headquartered in Charlotte with a regional office in Miami, Orlando, Atlanta and Raleigh. With nearly 25,000 multifamily units under management and a growing footprint spanning six states, RKW delivers expertise in multifamily management through its technology, marketing and customer experience platforms.  The firm’s principals have extensive experience in multifamily investments and property management including acquisitions/dispositions, developments, lease-ups, stabilized and value-add assets. RKW is built on the foundation of its People First Philosophy, which prioritizes client relationships, employee satisfaction, and top-tier customer service for its residents. Through this, the firm delivers on its brand promise of “Expert People. Exceptional Places” to enhance property values and achieve success. RKW was formed out of the partnership of Rivergate Companies, a private real estate investment firm, and KW PROPERTY MANAGEMENT, one of the largest condo management companies in Florida representing more than 90,000 condo units. RKW appeared on the Multi-Housing News List of Top 25 Management Firms in the U.S. in 2019 and 2020 and has also received numerous regional and national awards.  For more information, visit www.rkwresidential.com.

Multifamily management firm forms new client relationships in taking over Treasures on the Bay and Central Gardens Grand Apartments

Miami, FL (Jan. 6, 2021) — RKW Residential closed out a year of continued expansion amid unprecedented challenges by earning two prestigious new assignments in South Florida. The company is now overseeing management and leasing at Treasures on the Bay in Miami’s North Bay Village and Central Gardens Grand Apartments in Palm Beach Gardens, adding 471 units to a portfolio that now exceeds 22,000.

As RKW’s Florida portfolio grows, the company is promoting a pair of executives who are pivotal to its success in the state. Johnny De La Espriella is now Senior Vice President – Operations, and Yanira Herrera is Regional Vice President. Both are based in RKW’s Miami office.

The Treasures and Central Gardens communities represent RKW’s first assignments with respective owners Mast Capital and L&L Holding Co. Mast Capital is a Miami-based investor and developer of prime

residential and commercial properties. New York-based L&L is led by renowned real estate executives David Levinson and Robert Lapidus.

The luxurious Treasures on the Bay underwent an extensive recent renovation and has a mix of one, two and three-bedroom apartments. It overlooks Biscayne Bay and features three bayfront, resort-style pools; spacious sundeck with lounges and al fresco dining; a modern, fully equipped fitness center; indoor bike storage; cyber café; and smart package lockers.

Central Gardens is comprised of one, two and three-bedroom apartments with eight distinct floor plans and stainless steel appliances and granite countertops in all units. The community features a 13,000-square-foot clubhouse; putting green; heated swimming pool and hot tub; 24-hour fitness center; lounges, card rooms; fire pit; dog park; juice bar; and community garden.

“We are excited to embark on these new client partnerships involving such incredible luxury communities in South Florida,” De La Espriella said. “Our managers and staff are eager to provide the residents of Treasures on the Bay and Central Gardens with an unparalleled experience.”

De La Espriella was previously Regional Vice President before his promotion. He was recognized this summer by the South Florida Business Journal as one of its 2020 “40 Under 40” honorees.

Herrera joined RKW as Regional Manager several years ago after serving in similar roles for significant multifamily owners and developers. As Regional Vice President, she leads operations for RKW’s Florida portfolio.

Founded just six years ago, RKW is one of the multifamily industry’s most compelling entrepreneurial success stories in recent memory. The company just made its first appearance in the Charlotte Business Journal “Fast 50” ranking of the region’s fastest-growing private companies. RKW ranked No. 16 in the 2020 list.

RKW was recently recognized by Multi-Housing News as the nation’s second-fastest growing multifamily management company in the publication’s 2020 rankings. The company appeared on the Multi-Housing News 2020 “Top Property Managers” list for the second consecutive year.

About RKW RESIDENTIAL: RKW RESIDENTIAL is an award-winning third-party multifamily property management firm headquartered in Charlotte with a regional office in Miami, Orlando, Atlanta and Raleigh. With more than 22,000 multifamily units under management and a growing footprint spanning six states, RKW delivers expertise in multifamily management through its technology, marketing and customer experience platforms.  The firm’s principals have extensive experience in multifamily investments and property management including acquisitions/dispositions, developments, lease-ups, stabilized and value-add assets. RKW is built on the foundation of its People First Philosophy, which prioritizes client relationships, employee satisfaction, and top-tier customer service for its residents. Through this, the firm delivers on its brand promise of “Expert People. Exceptional Places” to enhance property values and achieve success. RKW was formed out of the partnership of Rivergate Companies, a private real estate investment firm, and KW PROPERTY MANAGEMENT, one of the largest condo management companies in Florida representing more than 90,000 condo units. RKW appeared on the Multi-Housing News List of Top 25 Management Firms in the U.S. in 2019 and 2020 and has also received numerous regional and national awards.  For more information, visit www.rkwresidential.com.

Multifamily management firm ranks No. 16 in first appearance on Charlotte Business Journal’s annual “Fast 50” list

Charlotte, NC (Dec. 16, 2020) — RKW Residential’s rapid growth over a short period of time is not just generating attention within the multifamily industry. The broader business community is taking notice, as evidenced by the Charlotte Business Journal honoring RKW as one of the region’s fastest-growing private companies in its annual “Fast 50” rankings.

In its first appearance on the list, RKW ranked No. 16. Each year, the publication recognizes the 50 private companies that have documented the highest revenue growth over the past three years. The rankings are based on a formula that reflects dollar and percentage growth during that timeframe.

A virtual ceremony was held on Dec. 3 to unveil the rankings of RKW and the other Fast 50 companies.

“Recognitions like Fast 50 can be attributed to our incredible people at all levels of the company,” RKW President Marcie Williams said. “The last three years have certainly been pivotal for RKW, but what gets me really excited is the feeling that we are still just getting started in carrying out our long-term expansion plans.”

Founded just six years ago, RKW is one of the multifamily industry’s most compelling entrepreneurial success stories in recent memory. It was recently recognized by Multi-Housing News as the nation’s second-fastest growing multifamily management company in the publication’s 2020 rankings.

For the third consecutive year, the Charlotte Business Journal recognized RKW in its annual list of the largest property management companies in the area. In the 2020 list, RKW moved up to No. 6 and notably was the top for multifamily specifically.

The company appeared on the Multi-Housing News 2020 “Top Property Managers” list for the second consecutive year. RKW also received two of the publication’s 2019 Excellence Awards, which recognize the multifamily industry’s top projects, companies, transactions and individuals.

About RKW RESIDENTIAL: RKW RESIDENTIAL is an award-winning third-party multifamily property management firm headquartered in Charlotte with a regional office in Miami, Orlando, Atlanta and Raleigh. With more than 22,000 multifamily units under management and a growing footprint spanning six states, RKW delivers expertise in multifamily management through its technology, marketing and customer experience platforms.  The firm’s principals have extensive experience in multifamily investments and property management including acquisitions/dispositions, developments, lease-ups, stabilized and value-add assets. RKW is built on the foundation of its People First Philosophy, which prioritizes client relationships, employee satisfaction, and top-tier customer service for its residents. Through this, the firm delivers on its brand promise of “Expert People. Exceptional Places” to enhance property values and achieve success. RKW was formed out of the partnership of Rivergate Companies, a private real estate investment firm, and KW PROPERTY MANAGEMENT, one of the largest condo management companies in Florida representing more than 90,000 condo units. RKW appeared on the Multi-Housing News List of Top 25 Management Firms in the U.S. in 2019 and 2020 and has also received numerous regional and national awards.  For more information, visit www.rkwresidential.com.

Joe Springsteen brings nearly two decades of multifamily industry experience to premier management company

Orlando, FL (Nov. 12, 2020) — Rapidly growing multifamily management firm RKW Residential bolstered its team serving the Orlando market with the addition of new Senior Vice President Joe Springsteen. The industry veteran will oversee RKW’s portfolio and future expansion in Orlando and other key Florida markets, including Tampa.  

Springsteen has nearly two decades of multifamily experience, including operations and portfolio management roles on new construction lease-ups and major renovation projects in the Orlando, Tampa, Jacksonville and South Florida markets. For RKW, he is responsible for oversight and strategy of the company’s market expansion and property operations, with a focus on asset profitability for each client.

“Joe Springsteen is a significant addition both for our existing community assignments in Central Florida and future opportunities,” RKW President Marcie Williams said. “He has a dynamic personality and vast experience that our team and clients will benefit from.”

Prior to RKW, Springsteen served as Vice President for Pinnacle, where he was responsible for 17,000 units across Florida. Before that, he was Director of Operations with Cortland. Springsteen also has a background in law as a corporate mergers and acquisitions attorney for General Mills in Minneapolis and the Sutherland firm in Atlanta.

“I am excited to have the opportunity to play a role in RKW’s expansion plan for Orlando, Tampa and other Florida markets,” Springsteen said. “These areas have been booming with new construction and population growth. With an incredible team that delivers superior customer service and unparalleled industry relationships, we are well-positioned to grow in lockstep with these markets.”

Founded just six years ago, RKW is one of the multifamily industry’s most compelling entrepreneurial success stories in recent memory.

For the third consecutive year, the Charlotte Business Journal recognized RKW in its annual list of the largest property management companies in the area. In the 2020 list, RKW moved up to No. 6 and notably was the top for multifamily specifically. The publication is also set to honor RKW in its 2020 “Fast 50” Awards for the region’s fastest-growing private companies.

RKW was also recognized as one of the industry’s top management companies in J Turner Research’s 2020 ORA™ Power Ranking for online reputation management and in epIQ’s Top 100 Management Companies list based on renter reviews and surveys from ApartmentRatings and SatisFacts.

The company appeared on the Multi-Housing News 2020 “Top Property Managers” list for the second consecutive year. RKW also received two of the publication’s 2019 Excellence Awards, which recognize the multifamily industry’s top projects, companies, transactions and individuals.

About RKW RESIDENTIAL: RKW RESIDENTIAL is an award-winning third-party multifamily property management firm headquartered in Charlotte with a regional office in Miami, Orlando, Atlanta and Raleigh. With 20,000 multifamily units under management and a growing footprint spanning six states, RKW delivers expertise in multifamily management through its technology, marketing and customer experience platforms.  The firm’s principals have extensive experience in multifamily investments and property management including acquisitions/dispositions, developments, lease-ups, stabilized and value-add assets. RKW is built on the foundation of its People First Philosophy, which prioritizes client relationships, employee satisfaction, and top-tier customer service for its residents. Through this, the firm delivers on its brand promise of “Expert People. Exceptional Places” to enhance property values and achieve success. RKW was formed out of the partnership of Rivergate Companies, a private real estate investment firm, and KW PROPERTY MANAGEMENT, one of the largest condo management companies in Florida representing more than 90,000 condo units. RKW appeared on the Multi-Housing News List of Top 25 Management Firms in the U.S. in 2019 and 2020 and has also received numerous regional and national awards.  For more information, visit www.rkwresidential.com.

Prolific firm takes over management and leasing of EDEN Multifamily’s 349-unit community

Miami, FL (Oct. 30, 2020) — RKW Residential added another luxury apartment community to its expanding South Florida portfolio. The premier multifamily management firm is now overseeing Lazul in North Miami Beach.

Developed by EDEN Multifamily, Lazul is an 8-story, 349-unit apartment building in the heart of North Miami Beach’s Town Center district. EDEN, the Miami-based joint venture formed by real estate industry veterans Jay Massirman and Jay Jacobson, completed the Class A building at 2145 Northeast 164th Street in October 2018.

Lazul includes studio, one-, two- and three-bedroom apartments, two-story townhomes, an eight-story parking garage and ground-floor commercial space. RKW has already secured 33 leases in its first five weeks overseeing the community,

“We had the opportunity to tour Lazul when it first opened and were blown away by the quality of the building, individual units and amenities,” RKW President Marcie Williams said. “RKW is thrilled to have the chance to play a direct role in the successful operation of this exceptional community. Lazul fills a void for high-end apartment product catering to professionals and families in North Miami Beach and nearby cities, including Aventura.”

Lazul’s amenities include an inner courtyard with a heated pool, an elevated sundeck seating area with a firepit, community rooms, automated package delivery system, a state-of-the-art fitness center with a yoga/spin room and a dog walk and grooming area. Common area Wi-Fi and large community gathering spaces are a dynamic feature of the community.

EDEN also enhanced the public greenspace along the Snake Creek Canal with extensive landscaping, public seating, a walking path/bikeway and a significant public art installation.

“Lazul is a crown jewel of our portfolio of successful urban infill multifamily developments,” EDEN’s Jacobson said. “It is also an important catalyst for the City of North Miami Beach and its revitalized Town Center district. With a top-tier management company like RKW at the helm, Lazul is in great hands.” 

For more information about Lazul, visit https://livelazul.com. 

Founded just six years ago, RKW is one of the multifamily industry’s most compelling entrepreneurial success stories in recent memory. It was just recognized by Multi-Housing News as the nation’s second-fastest growing multifamily management company in the publication’s 2020 rankings.

For the third consecutive year, the Charlotte Business Journal recognized RKW in its annual list of the largest property management companies in the area. In the 2020 list, RKW moved up to No. 6 and notably was the top for multifamily specifically.

RKW was also recognized as one of the industry’s top management companies in J Turner Research’s 2020 ORA™ Power Ranking for online reputation management and in epIQ’s Top 100 Management Companies list based on renter reviews and surveys from ApartmentRatings and SatisFacts.

The company appeared on the Multi-Housing News 2020 “Top Property Managers” list for the second consecutive year. RKW also received two of the publication’s 2019 Excellence Awards, which recognize the multifamily industry’s top projects, companies, transactions and individuals.

About RKW RESIDENTIAL: RKW RESIDENTIAL is an award-winning third-party multifamily property management firm headquartered in Charlotte with a regional office in Miami, Orlando, Atlanta and Raleigh. With 20,000 multifamily units under management and a growing footprint spanning six states, RKW delivers expertise in multifamily management through its technology, marketing and customer experience platforms.  The firm’s principals have extensive experience in multifamily investments and property management including acquisitions/dispositions, developments, lease-ups, stabilized and value-add assets. RKW is built on the foundation of its People First Philosophy, which prioritizes client relationships, employee satisfaction, and top-tier customer service for its residents. Through this, the firm delivers on its brand promise of “Expert People. Exceptional Places” to enhance property values and achieve success. RKW was formed out of the partnership of Rivergate Companies, a private real estate investment firm, and KW PROPERTY MANAGEMENT, one of the largest condo management companies in Florida representing more than 90,000 condo units. RKW appeared on the Multi-Housing News List of Top 25 Management Firms in the U.S. in 2019 and 2020 and has also received numerous regional and national awards.  For more information, visit www.rkwresidential.com.