Shippensburg University Off-Campus Apartments Launches NFC Technology to Enhance Resident Lifestyle

SHIPPENSBURG, PA – Madison and Creekside apartments are the perfect living space for any college student. Each resident who lives in these apartments will now be exposed to the newest, most innovative technology.

Located within walking distance from Shippensburg University, Hot Point Bar and Grille, Sheetz, and Wibs Restaurant and Bar, each building has a centralized open covered breezeway for socializing. In addition, a numerous amount of parking lots are available to residents. Each fully furnished apartment includes 3 or 4 private bedrooms and bathrooms. The top of the line units include granite countertops & stainless steel appliances. Every unit includes a washer and dryer, high speed internet, and much more. With the many included benefits, incredible location, newly constructed units and competitive pricing you won’t find a better living situation to foster your college lifestyle in Shippensburg than Madison/Brookside Court or Creekside Court Apartments.

Recently, Madison and Creekside apartments became the first apartment complex to become NFC enabled. NFC (Near Field Communication) is simply a small-range wireless technology. It allows consumers around the world to make transactions, exchange digital content, and connect electronic devices simply and effortlessly with a touch. This technology is allowing management to connect with their residents easily and painlessly and at the same time it encourages residents to stay involved and connected throughout their stay in Madison and Creekside.

With this added technology, students can now place their phones on a small, square sticker that will direct them to a specific source. This sticker has a built-in chip programmed to allow the user’s phone to “tap it” to learn more information, download related material, etc. In Madison and Creekside’s case, tapping your phone onto the sticker will prompt you to download their app. It’s simple, simple and requires nothing but a cellphone and a quick touch.

The NFC tags can do much more than just directing students to an app. It will also allow residents a chance to tap to call 24/7 maintenance or take a survey/poll that management can use to make decisions about the property based on the results that they get. The chips can be altered to direct students to any desired location, survey, etc. NFC technology succeeds in allowing a better, more connected living environment throughout Madison and Creekside apartments.

Students and residents of Madison and Creekside apartments can interact with and learn more about these NFC devices by walking into one of the offices and either tapping or scanning their phones on one of the stickers.

Property manager of Madison and Creekside apartments Casey Bender stated that, “We are very excited about our new partnership with Purple Deck! We are excited to use this technology to connect with our residents and allow them to quickly be prompted with our app and the awesome local coupons!”

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NAPA Ventures Acquires Two Apartment Communities Totaling 422-Units in Dallas Metro Area

DALLAS, TX – NAPA Ventures, an Austin, TX based multifamily and commercial real estate investment company co-founded by Shravan Parsi and Glenn Gonzales announces the acquisition of Brandon Mill Apartments, Dallas, TX and Ravenwood Apartments, Fort Worth, TX.

“As a team we are thrilled about the acquisition of Brandon Mill and Ravenwood which is part of our 1450-unit multifamily portfolio containing eight properties in Dallas and Fort Worth MSA,” said Shravan Parsi, Co-CEO of NAPA.

DFW MSA is No. 3 in population growth in U.S. cities in 2016 according to Realtor Magazine, “which gives us (NAPA) fantastic confidence in the buy of these properties,” Parsi said.

Ravenwood, a garden style apartment community, is comprised of 122 spacious one, two, and three bedroom floorplans, located in Fort Worth, TX, minutes away from Six Flags Over Texas, Dallas Cowboys and Texas Rangers stadiums and is in close proximity to Parkside Townhomes (144 units) and Woodbridge Townhomes (91 units) which were both recently bought by NAPA in September 2016.

Brandon Mill, the largest of the “Dallas Eight,” is a 300-unit apartment community with two and three bedroom floorplans, located in Dallas, TX conveniently close to major employers such as PepsiCo, L’Oreal, and Proctor & Gamble. The apartment community is located just minutes from Highway 67.

“With our deep knowledge of multifamily acquisitions and renovations, coupled with our innovated way of funding projects we are confident that we will be successful with this portfolio,” said Glenn Gonzales, Co-CEO of NAPA. “Our combined 50 years of experience in multifamily and our well designed business plot is what sets us apart.”

NAPA’s business plot is to renovate the exterior and interior of its properties to increase profitability and provide a fantastic living experience for its residents. These updates include a makeover of landscaping, pool decks, parking lots, exterior paint and upgrading both the leasing office and business center. Interior unit renovations include: upgrades to countertops, cabinets, floors, and trendsetting black appliances.

The multifamily acquisitions company has completed the acquisition process for six of its “Dallas Eight,” and is set to close the remaining two properties by the end of October 2016.

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Welltower Completes Acquisition of 19-Property Premier Seniors Housing Portfolio for $1.15 Billion

TOLEDO, OH – Welltower announced it has completed the previously announced acquisition of the Vintage Senior Living portfolio for a buy price of $1.15 billion. The 19-property portfolio offers a combination of independent living, helped living and memory care in premium locations concentrated in Southern and Northern California, including the Los Angeles and San Francisco metro markets.

“The addition of this portfolio further solidifies Welltower’s position as the largest owner of premier seniors housing properties in the United States and furthers our strategy to focus on top metro markets with high barriers to entry,” said Tom DeRosa, Chief Executive Officer of Welltower. “Combining this portfolio with transactions announced through June 2016, Welltower has completed over $1.5 billion of seniors housing investments year-to-date.”

Welltower is transitioning management of these communities to three of its best-in-class operating partners based, in large part, on property locations, community size and unit mix:

Senior Resource Group will operate eleven (11) communities, representing 1,705 units, the majority of which are independent living and helped living. Founded in 1988 and headquartered in Solana Beach, California, SRG is an award-winning, fully integrated developer, owner and operator of senior living communities. Over 4,000 seniors, primarily in California, currently call an SRG community their home. Including this acquisition, Welltower will have approximately $1.3 billion of investments with SRG.

Sunrise Senior Living, which is Welltower’s largest seniors housing operating partner, will operate seven (7) communities, representing 806 units, offering residents independent living, helped living and memory care options. Founded in 1981 and headquartered in McLean, Virginia, Sunrise Senior Living operates more than 300 communities in the United States, Canada and the United Kingdom, with a total unit capacity of approximately 28,400 including 50 communities in California with a unit capacity of 4,027. Including this acquisition, Welltower will have approximately $5.2 billion of investments with Sunrise Senior Living.

Silverado Senior Living will operate one (1) community, representing 79 units that will be converted exclusively to memory care. Founded in 1996 and headquartered in Irvine, California, Silverado Senior Living is a privately held company that is nationally recognized as a leader in memory care. Silverado currently operates 31 communities, primarily on the West Coast. Including this acquisition, Welltower will have approximately $0.4 billion of investments with Silverado.

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