ORLANDO, FL – Wood Partners, a national leader in multi-family real estate development and acquisition, announced that Alta Grande is officially open.

Located at 3512 Grande Reserve Way in Orlando, Alta Grande is the newest luxury apartment community to be developed in Orlando’s Tourism Corridor. With proximity to major employers such as Lockheed Martin, Marriott Vacation Club, Jet Blue, Starwood Hotels & Resorts, and the 650,000 square foot headquarters of Orlando’s only Fortune 500 company – Darden Restaurants – Alta Grande affords residents the ability to live, work, and play in the same location.

“Alta Grande is located within walking to distance to three brilliant schools and convenient to some of Orlando’sleading employers and premier entertainment options,” said Bryan Borland, Managing Director for Wood Partners in Orlando. “The community is thoughtfully-designed and well-positioned to capitalize on the continued growth of Orlando’s Tourism Corridor, which has consistently proven to be Orlando’s deepest apartment submarket.”

The Tourism Corridor continues to be a focal area for new multi-family housing in Greater Orlando and the submarket continues to outperform many other areas of Orlando. With nearly 400,000 square feet of new Class A office development currently underway within one mile of the community – including the relocated headquarters of both the International Association of Amusement Parks and Attractions (IAAPA) and Orange Lake Resorts, home to Holiday Inn Club Vacations – Alta Grande is strategically-positioned to take advantage of this momentum.

Alta Grande consists of 314 one, two, and three-bedroom units spread throughout ten three-tale residential buildings. The units feature clean, modern finishes, including stainless steel appliances, granite countertops, glass tile backsplash, kitchen islands, soft-close kitchen cabinetry with under-cabinet lighting, ceiling fans in all living rooms and bedrooms, and walk-in closets.

Residents will have access to extensive indoor and outdoor amenities. A 2,300+ square-foot saltwater zero-entry pool is the centerpiece of the exterior space, complimented by a covered outdoor kitchen, barbecue grills, pizza oven and hammocks, as well as a large, fenced dog park with dog washing station, bocce court and putting green. Inside, an integrated clubhouse makes a more urban, connected feel, featuring a 24-hour fitness center with new state-of-the-art equipment and an adjacent yoga and spin room, coffee bar, conference room, mailroom with package lockers, game room and a media center.

Pre-leasing started in May 2018 and Alta Grande welcomed its first residents in June.

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BUFFALO, NY – CAPREIT, a fully-integrated real estate operating company responsible for the ownership and management of more than $5 billion of multifamily assets, announced it has taken over management responsibilities of four senior-affordable apartment communities in Buffalo. 

The communities – Hertel Park, Walden Park, Trinity Tower and Parkview Apartments – are located within four miles of each other and contain a combined 373 apartment homes. Residents will delight in expedient access to Buffalo-Niagara International Airport, Walden Galleria and several additional area attractions. 

“We’ve always been a proponent of quality, affordable housing and we’re thrilled to be a part of the Buffalo market,” said Leticia Palillero, acquisitions associate for CAPREIT. “Each of these four communities possesses a charm of its own, and we’re keen to implement our management strategies and help the fight for affordable housing in one of the largest cities in New York.”

The communities offer prime connectivity to attractions such as the Buffalo History Museum, Albright Knox Art Galleryand Buffalo Museum of Science. Walden Galleria, located in the nearby Cheektowaga neighborhood, provides a vast array of shopping, dining and entertainment options. The communities also are within a small drive of Interstates 90 and 190, which serve as the gateways to the metropolitan area. 

Hertel Park is situated at 1625-1643 Hertel Avenue and contains 138 apartment homes. Consisting of primarily one-bedrooms and 12 two-bedroom units, the community features three laundry rooms, a community room, library and pool table. 

Walden Park, located at 101 Bakos Boulevard, features a total of 126 one- and two-bedroom homes ranging in square footage from 550 to 650. Common-area amenities include a fitness center, business room, community room, lobby with fireplace and four laundry rooms. 

Trinity Tower is situated at 33 Linwood Avenue and consists of 83 studio, one- and two-bedroom homes ranging from 475 to 800 square feet. Community amenities include a large community room, social room with flat-screen television, library/meeting room, onsite laundry facility and elevators. 

Parkview Apartments is a smaller community consisting of 26 units. Based at 769 Best Street, the community features one-, two- and three-bedroom homes.

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