Landmark Properties Grows Portfolio with Acquisition of 382-Unit The Lodges at 777 Apartments Near LSU Campus in Baton Rouge

BATON ROUGE, LA – Landmark Properties, a fully integrated real estate firm specializing in the development, construction, investment management, and operation of high-quality residential communities, has bought The Lodges at 777, in Baton Rouge, LA. The Lodges at 777 is Landmark’s second acquisition in Baton Rouge and adds 1290 beds and 382 total units to the growing Landmark portfolio.
Constructed in 2011, The Lodges at 777 is currently 100% preleased for the fall 2023 term and is a top choice for LSU students who are looking to live close to campus in a cottage-style product with more living space and top-tier amenities.
“We’re excited to add The Lodges at 777 to the Landmark portfolio,” said Wes Rogers, Landmark’s President and CEO. “Thanks to the hard work of our acquisitions and investment team in a hard environment, Landmark is still acquiring attractive student properties at top-tier universities across the country.”
The Lodges at 777 offers many resident amenities including a resort-style swimming pool with poolside cabanas, a two-tale clubhouse with gaming areas and areas for studying, and a large fitness center including Fitness-On-Demand and a Yoga Studio. The community’s units feature contemporary furnishings, granite countertops, and stainless-steel appliances. These top-of-the-line features and amenities allow the property to stand out from other student focused assets in the area.

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Quarterra Multifamily Announces Start of Leasing at 379-Unit Winslow Apartments in San Diego’s University Heights Neighborhood

SAN DIEGO, CA – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, announced the start of leasing at its newest community, Winslow, in San Diego’s University Heights neighborhood.
One of San Diego’s historic streetcar suburbs, University Heights is a charming, intimate neighborhood bordered by Uptown and Mission Valley. Winslow honors the history and character of its location and blends it with the current energy and culture of San Diego. Embracing a bohemian spirit, the 379-home mid-rise community, with 17,818 square feet of retail, infuses creativity and tradition into a contemporary vibe and living experience.
“San Diego is a modern, forward-thinking city, and Winslow incorporates that outlook into a progressive community design while still complementing the rich history of the University Heights neighborhood,” said Dan Ferguson, SVP of Development for Quarterra. “The amenities package caters to the needs of today’s renters and remote workers and puts residents in position to take advantage of the abundance of local opportunities. We’re excited to bring an elevated residential opportunity to this highly-desirable location.”
Minutes from San Diego’s sun-drenched beaches and bustling downtown, and bordering both Hill Crest and Bankers Hill, University Heights is a walkable neighborhood brimming with an eclectic mix of restaurants, coffee shops, boutiques and artist studios lining Park Boulevard. Bars and restaurants to suit every whim are within moments of Winslow, including neighborhood hangouts like Whistle Stop and Live Wire, high-end cocktail lounges like Polite Provisions, ancient-school haunts such as Red Fox Steakhouse and Rudfords, and local favorites Madison and Parkhouse Eatery. Trolley Barn Park serves as the neighborhood playground for families, hosting free concerts throughout the summer, while The Diversionary Theatre puts on inspiring local productions. Just blocks away, the renowned North Park neighborhood is home to Ray Street Arts District and its 30 contemporary art galleries, as well as a well loved monthly art walk. The area’s culinary delights, entertainment options and unique combination of architecture and art deliver incredible cultural diversity.
Winslow, located on the corner of Park and El Cajon at 4353 Park Blvd., offers a commuter-friendly location minutes from the CA-163 and I-805 freeways, providing convenient access to San Diego’s professional hubs and universities. The University Heights, North Park and Hillcrest neighborhoods establish the ideal staging area to explore San Diego landmarks like San Diego Zoo and Balboa Park — one of the largest urban parks in the United States and offers a plethora of recreational activities, cultural attractions, and gorgeous gardens. The setting also positions residents within simple reach of San Diego’s mission-style ancient town and energetic downtown districts. Ocean Beach, Mission Beach, and Coronado – home to the iconic Hotel del Coronado – are all just a small drive away. Winslow also features an underground parking garage for resident vehicles, complete with EV charging.
Winslow, a LEED certified community, offers studio, one- and two-bedroom apartment homes, ranging from 484 to 1,377 square feet. The majority of the 379 homes welcome residents with expansive city views. Contemporary homes are equipped with smart thermostats, USB outlets, quartz countertops, full ceramic tile backsplashes, stainless steel appliances, undermount sinks with designer faucet hardware, and luxury vinyl plank flooring throughout. Spa-style bathrooms feature ceramic tile shower surrounds and bedrooms are designed with expansive closet space.
All residents have access to an entertainment courtyard with rocking lounge chairs, outdoor kitchen, billiard, ping pong and foosball, as well as an active pool and spa courtyard with barbeque grills and hibachi table. A 24-hour fitness center includes a yoga studio, and the co-working lounge features private conference rooms, collaborative workspaces and a coffee bar. Winslow also includes a pet spa and recreation area, bike storage and repair room, and oversized package room with package lockers.
Winslow is Quarterra’s third San Diego community, joining Luma and Shift.

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WhiteHaven Completes $37 Million Acquisition of Clarendon Park Apartment Community in Revitalization Area of Midtown Phoenix

PHOENIX, AZ – WhiteHaven, a private equity real estate firm specializing in multifamily housing in Greater Phoenix, announced the acquisition of Clarendon Park Apartments in Phoenix. At takeover the property rebranded to Haven at Midtown. The community was bought for $37 million and is WhiteHaven’s ninth acquisition in Arizona.
“We are thrilled to have had the opportunity to source this attractive investment through our network of top brokers across the Phoenix MSA,” said WhiteHaven principal Sam Grooms. “Given WhiteHaven’s history of seamless transaction execution, our firm was invited to pre-empt the marketing process and worked expediently to do the acquisition in what has been a challenging capital markets environment. This property is an ideal addition to WhiteHaven’s portfolio due to its location, vintage, unit mix, and heavy value-add potential. Following a full-scale renovation, we believe this community will appeal to a wide range of tenant profiles, ensuring strong investment returns for our partners.”
Haven at Midtown was built in 2002 and features 138 studio-, one-, and two-bedroom units. The ample community amenities include a resort-style pool with a grilling area, a state-of-the-art gym, a dog park, garages, and covered parking. The property benefits from the redevelopment of the area with the revitalization of Park Central, the addition of Creighton University’s medical campus, and Dignity Health’s corporate office, all which have led to the area’s recent designation as a bioscience hub.
“The growth in the area has contributed to an evolution of the tenant base, yet Haven at Midtown has not seen any meaningful upgrades since being built and currently is not able to successfully fulfill tenant expectations. WhiteHaven’s preferred execution of heavy programmatic value-add will include upgrading unit interiors with new high-end cabinets, luxury appliances, flooring, and fixtures. We further plot to add electrical vehicle charging in the garages. The midtown area has become an exceptionally desirable and highly amenitized destination for young professionals, and we look forward to participating in the continued growth momentum in the area over the coming years,” said WhiteHaven principal Ben Leybovich.
WhiteHaven’s recent acquisition highlights the company’s investment strategy of purchasing core plus assets in desirable locations and performing high-end improvements to maximize the value of assets in its portfolio. WhiteHaven is entering at a low basis, far underneath replacement cost even post-renovation and targets improving the net operating income at the asset by over 50% in the first three years of ownership.

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