LAUREL, MD – GoldOller Real Estate Investments announced it has bought The Seasons Apartments a 1088-unit property located in Laurel, Maryland. The Seasons is GoldOller’s largest single apartment investment and its first asset in the Washington D.C. – Baltimore area.

Situated on 70 acres and containing over 900,000 rentable square feet, The Seasons has been a gem of Howard County Maryland for decades.  Located just off I 95, and an simple 20-mile commute to either Washington D.C. or Baltimore, The Seasons is in the heart of the 4th largest market in the United States.

The Seasons offers multiple recently renovated spacious one, two and that three bedroom floorplans including both garden style apartments and very unique town homes; resort style amenities include two swimming pools, tennis courts, fitness facility, child playgrounds, dog parks, and a clubhouse that includes a coffee bar and cyber cafe.  With its exceptional location, diverse floor plans, community amenities, and an incredible site based team, The Seasons consistently enjoys high occupancy, currently at 95%.

“We are thrilled to include The Seasons as a GoldOller community.  It’s an exceptional property in a fabulous Harris County Maryland location that just keeps getting better,” said Richard Oller, GoldOller’s Chairman. “We are also delighted that this exceptional investment opportunity continues to extend our national footprint in the Northeast corridor.  As a Philadelphia based company with most of our holdings in the Midwest and Southeast, it’s exciting to increase our presence closer to home,” Oller said.

According Jake Hollinger, GoldOller COO and principal, The Seasons Apartments will undergo enhancements to the property including renovations to apartment interiors, the fitness center, the clubhouse, landscaping, and new and enhanced amenities. Residents will also delight in our signature GO resident services, which includes sophisticated package handling, complimentary fitness programs, and customized life style service designed to enhance the community experience. “Our extraordinary team knows how to deliver results by making a unique experience at each property from day one. We’re excited for the opportunity to deliver our enthusiasm, creativity, and commitment to our residents that each new acquisition presents,” Hollinger said.

Jill Hinton, VP of Operations said: “We are accustomed to acquiring very large communities, but each transition is a test of our skills and resources.  I am so proud of our remarkable GO team (training, marketing, accounting, facilities) and the enthusiastic Seasons site staff who embraced us.  They made the transition seamless and allowed us to focus immediately on the resident experience.  This week we hit the ground running with a week of fun ‘meet and greet’ events attended by about 500 residents.  There is nothing better than to see smiling facing abound; that’s really what it’s all about. We have already begun introducing our signature Life on the GO amenities and programs to enhance The Seasons community experience and ensure that every resident truly feels that This is Home,” Hinton added.

GoldOller Real Estate Investments (Goldoller.com) was formed in 2008 by industry veterans Richard Oller and Jeffery Goldstein. GoldOller is an emerging leader in the multi-family housing industry and an innovative owner-operator of apartment communities throughout the United States. GoldOller owns and operates apartment communities in 18 States valued in excess of 1.5 billion dollars, containing about 14,000 units.

Multifamily Management Services, a GoldOller affiliate, provides third party management to communities containing about 30,000 units, while other affiliates develop, own, and operate condominium, office, hotel, industrial, and retail assets. GoldOller has corporate offices in Philadelphia and New York City, as well as regional offices located in Kansas City, Atlanta, and Orlando.

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CARRBORO, NC – Emma Capital Investments announced the acquisition of a 250-unit garden-style community, 180 West Apartments (formerly named Landmark at Chelsea Crossing), located in Carrboro. This is Emma Capital’s 3rd investment in North Carolina and its 21st acquisition in the U.S., adding to Emma Capital’s total portfolio to date of approximately 5,000 apartment units.

180 West was built in 1987 and contains 250 residential units in 19 two tale buildings.  The Property offers 6 spacious floor plans made up of 49 One-bedroom units, 125 Two-bedroom units, and 76 Three-bedroom units, averaging 1,051 square feet per unit.  The property enjoys a well-maintained community in which residents delight in a relaxing, comfortable life-style with gorgeous landscaping, an outstanding large unit and an attractive amenity package. The community features a gorgeous swimming pool area, tennis courts, fitness center, clubhouse and laundry facilities.

The Property is ideally positioned in the Triangle region of Durham, Chapel Hill and the state capital Raleigh, which is consistently ranks nationally as best place to live, work and obtain a world-class education. The Property is two miles south west of more than 22,000 jobs at the University of North Carolina at Chapel Hill and UNC Health Care. The Property also benefits from The Triangle’s employment centers in Durham and Research Triangle Park including; IBM Corp, GlaxoSmiteKline, Fidelity Investments, Blue Cross & Blue Shield, Cree Inc. and AW North Carolina. The Property is 5 minutes from Highway 501 and 54, providing connectivity throughout the Triangle region.

“We are very excited about this acquisition,” stated founding Partner and Co-Owner Haya Zilberboim. “The Property is located in one of the strongest submarkets in the South-East, Chapel Hill, with close proximity to some of the finest universities, health facilities and research centres in the United States.”  The strength of the market and the strong amenity package of the Property provides Emma Capital with the opportunity to immediately focus on rent growth initiatives such as income-boosting unit interior upgrades.”  

“We are extremely excited about our expansion into The Triangle area,” added Partner and Co-Owner Oz Cohen. We continue to do on our growth strategy with quality assets and leverage our experience and relationships to access phenomenal opportunities in quality markets. We intend on continuing to expand our presence in our current markets as well as continue to continue our expansion to other Southeast submarkets such as Nashville, Louisville and Tampa.”

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