ATLANTA, GA – GoldOller Real Estate Investments announced its acquisition of Westhaven at Vinings Apartments in metropolitan Atlanta. This is GoldOller’s tenth apartment acquisition in the Atlanta area since 2012 and brings GoldOller’s Atlanta apartment portfolio to more than 3000 units.

Westhaven at Vinings is a gated 610 unit resort-style community nestled in the historic Vining’s district of Atlanta adjacent to Buckhead. Amenities include four swimming pools, an athletic club, outdoor kitchens amidst lush rolling landscape, stunning upgraded interiors, Wi-Fi business center cafe, treetop club house and resident lounge.

According to GoldOller Chairman, Richard Oller: “Westhaven at Vinings caters to discerning residents seeking luxury rental homes and a very active, carefree lifestyle in one of Atlanta’s best locations.  We are thrilled to include this exceptional property in our portfolio and especially excited to welcome the talented and enthusiastic Westhaven at Vinings site team to GoldOller.” 

Jill Hinton, GoldOller’ s VP of Operations, added that GoldOller will immediately introduce its signature GO LIFESTYLE services at the property, which includes complimentary fitness classes, health and nutrition programming and host of resident events. “Our primary objective is making sure our residents feel the like and delight in every aspect of their magnificent homes while enjoying all of our amenities and sharing in an extraordinary community experience,” Hinton said.

Jake Hollinger, GoldOller partner and COO, said: “We have had fantastic success in the Atlanta market.  Our residents continually reward us for the quality of our services and communities by choosing GoldOller when there are so many other options. Our Atlanta occupancy, cash flow and investment returns have been exceptional, and, as relative newcomers to the market we could not be more pleased. We are confident that the trend will continue with the addition of Westhaven at Vinings.”

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 17 States valued in excess of 1.5 billion dollars, containing about 14,000 units. 

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JERSEY CITY, NJ – Roseland Residential Trust, a subsidiary of Mack-Cali Realty Corporation, marked the grand opening for M2 at Marbella, the newest luxury residential building located in downtown Jersey City. Jersey City Mayor Steven Fulop joined municipal and company officials to celebrate Roseland’s newest addition to the Jersey City market.

The 39-tale luxury residential community, located at 401 Washington Boulevard, features 311 studios, one, two, and three-bedroom apartment homes, and joins Roseland’s existing Marbella community where residents will benefit from shared amenities, including a shared parking garage.

Fulop said the newest apartment community to open is yet another example of Jersey City’s emergence as a city where professionals come to delight in a right live-work-play environment.

“Mack-Cali and its Roseland subsidiary have invested tremendous resources in both commercial and residential properties throughout Jersey City, including Mack-Cali’s own corporate headquarters, and we are grateful for that,” said Mayor Steven M. Fulop. “But more importantly, their investment in our neighborhoods and our communities speaks volumes about Mack-Cali’s faith that Jersey City can look forward to continued prosperity, continued development, and continued growth.”

As the newest addition to the Jersey City skyline, M2 at Marbella will provide residents with remarkable views of New York City and the Hudson Waterfront from the individual apartment homes as well as from the 800-square-foot rooftop terrace. The building features a wide variety of state-of-the-art amenities, including a 1,200-square-foot event room, as well as a sky lounge on the top floor of the building, a 1,700-square-foot club room with a lounge and billiard table, a conference room, two fitness centers with a yoga studio, a children’s playroom, an on-site concierge, an on-site dog run, and bike storage.

Andrew Marshall, president and chief operating officer of Roseland Residential Trust, shared his excitement for the addition of M2 to the luxury multi-family rental market in Jersey City.

“We are thrilled to have M2 at Marbella open its doors and add to Jersey City’s flourishing community,” said Marshall. “The community offers residents unrivaled views of New York City’s iconic skyline as well as proximity to numerous transit options. The host of amenities offered will provide enjoyment for every resident throughout the year.”

M2 is connected to Roseland’s existing residential community, Marbella, by a 16,000-square-foot landscaped roof deck with a pool, which will be accessible to residents of both luxury residential communities. In addition to the pool, the deck will provide residents with a variety of outdoor amenities to delight in throughout the year, including a fireplace, fire pit, and outdoor grilling stations.

M2 is ideal for commuters due to its close proximity to various mass transportation services. The Hudson-Bergen Light Rail is located on-site and provides commuters with access to Hoboken and Bayonne. Additionally, a NJ TRANSIT bus stop is directly across the street from the new residential community and the Newport PATH station, which provides commuters with train service to Manhattan and is less than ¼ mile north of the property. Convenient highway access from M2 is available to residents, and Newark Liberty International Airport is located approximately 10 miles away. Additionally, a wide variety of recreational activities, dining options, and shops, including the Newport Centre Mall, are all located within walking distance of M2, making this one of the most walkable neighborhoods in Jersey City.  

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PHOENIX, AZ – Sunrise Management has begun the nearly $1 million renovation of Park Tower, a 180-unit multifamily property recently bought by Phoenix- based 29th Street Capital for $21.65 million.

Sunrise – a San Diego-based firm that has specialized in the management of residential real estate since 1978 – will assume day-to-day management of the 10.73 acre property, as well as oversee the comprehensive renovation, which will include extensive interior and exterior upgrades. Located in a suburb of Phoenix, the property is at 1283 W. Parklane Blvd in Chandler, Ariz.

According to Kevin Pennel, regional vice president for Sunrise Management, improvements will include a new dog park, upgraded patios and exterior paint, as well as new cabinet faces, kitchen appliances and hardware, resurfaced counters, new flooring, lighting and fresh paint in all units – encompassing one and two bedroom apartments ranging from 700 to 1,000 square feet.

Fully amenitized, the community features a play area, clubhouse, covered parking, picnic/bbq area, swimming pool and hot tub, tennis courts and fitness center.

Sunrise currently manages 4,541 units in the Phoenix area, with properties in Phoenix, Mesa, Tempe and Scottsdale.

Founded in 1978, Sunrise Management is a privately owned San Diego-based firm specializing in the management of residential real estate properties. The firm currently has regional offices in Sacramento, Las Vegas and Phoenix, overseeing more than 13,000 multifamily units throughout California and the Southwest.

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