BOSTON, MA – West Shore, a multifamily real estate investment firm, announces its acquisition of three new properties – two in South Carolina and one in Florida.
“2021 was a terrific year for West Shore and 2022 to is off to a strong start as we announce the addition of three outstanding properties to our expanding portfolio of multifamily assets,” said Steven P. Rosenthal, Chairman of West Shore. “Sweetwater Apartments, Vantage at Wildewood, and Uptown Village are all unique properties that are positioned for further growth.”
Sweetwater Apartments is a 320-unit waterfront luxury apartment complex in Charleston, South Carolina. Sweetwater has six deep water docks for residents’ use, a private boat ramp, and a kayak ramp that affords residents an authentic, upscale coastal lifestyle. Residents have simple access to all that Daniel Island has to offer including restaurants, retail, and public recreation opportunities, or stay on-property for the incredible views, waterfront hammocks, creekside oyster bar, and stunning sunsets. Charleston’s historic charm and expanding job market continue to rapidly attract new residents. West Shore also bought 17 South Apartments in Charleston in September 2021.
Vantage at Wildewood is a 264-unit apartment complex with newly renovated units located in the heart of Richland County in Columbia, South Carolina. Residents may relax poolside, delight in fireside evening chats with neighbors, or adventure into the “wilde” by hitting the local trails and nearby parks. The property provides seamless access to premier retail and employment in the area. Vantage at Wildewood is West Shore’s fourth acquisition in the Columbia area, adding to its properties Reserve at Mill Landing, Arcadia’s Edge, and Town Center at Lake Carolina.
Uptown Village (formerly Evergreen at Uptown Village) is a resort-style 322-unit luxury apartment community in Gainesville, Florida, which merges natural elements with modern comforts and conveniences. The newly renovated apartments are conveniently located near downtown Gainesville and the University of Florida. Residents delight in all-inclusive amenities, including a resort-style pool, shaded cabana, nature trails, and a dog park. West Shore also owns Legacy at Fort Clarke in Gainesville.
“These three acquisitions are in some of the fastest growing and most exciting areas of the country,” said West Shore President, Lee Rosenthal. “We are proud to add these communities in Charleston, South Carolina, Columbia, South Carolina, and Gainesville, Florida, to our portfolio as we continue to strategically scale in markets where we already own and operate properties.”

Powered by WPeMatico

SAN DIEGO, CA – Private San Diego-based real estate investor and operator MG Properties Group is pleased to announce their acquisition of over $1.6 billion of multifamily assets in 2021.
Spread throughout major markets across the West Coast, MG added 14 properties and over 4,700 units to their portfolio in the 2021 calendar year – marking the most successful year for acquisitions since the company’s founding in 1992. These included an entry into Denver, Colorado, a market the company had long targeted for growth. MG Properties continues to target further acquisitions in Washington, Oregon, California, Arizona, Nevada, Utah, Texas, and Colorado. 
“We were pleased with our successful growth in 2021 despite the many unique challenges presented by the current economic environment,” said MG Properties Group President and CEO Mark Gleiberman. “We look forward to continued growth in 2022 with an additional focus on adding new markets to our portfolio.”
MG Properties continues to actively seek new acquisitions, targeting a similar volume of investment in 2022. The multifamily group focuses on value-add, new construction, and core-plus multifamily properties in the Western United States.

Powered by WPeMatico

LONG BEACH, CA – Walker & Dunlop, Inc. announced that it facilitated the $156,000,000 sale and $91,260,000 financing of Volta on Pine, a 271-unit, core multifamily property with 1,300 square feet of ground floor retail space in the heart of Downtown Long Beach, California.
Historically tied to aviation since the days of Amelia Earhart’s 1920s explorations, Long Beach is now coined “Space Beach” and is rapidly becoming the epicenter of the aerospace industry. Startups including Spin Launch, Rocket Lab, and Relativity Space have chosen the area as their headquarters since 2019, providing for a highly active job market in Long Beach.
Volta on Pine will benefit from the recent uptick in Long Beach’s booming job market and provide commuting renters with access to the approximately 950,000 jobs offered throughout Long Beach, Beach Cities, Downtown LA, and Irvine. Delivered in early 2021, the property is a collaboration between North America Sekisui House (“NASH”) Holland JV and MVE + Partners Architects, which both have an expansive presence primarily in the Western Region’s high-growth markets.
Walker & Dunlop’s Blake A. Rogers, Alexandra Caniglia, Kevin Sheehan, Hunter Combs, and Javier Rivera represented the sellers, Holland Partner Group and NASH and in the disposition to the buyer, Gelt, Inc. Mark Grace, John Montakab, and Trevor Fase arranged the financing from Nuveen on behalf of Gelt.
Volta on Pine is ideally situated in the heart of Long Beach’s Downtown, offering residents access to shopping destinations, world-class restaurants, breweries, and various grocery stores. Local attractions also include the Aquarium of the Pacific, Long Beach Convention & Entertainment Center, Long Beach Jazz Festival, Museum of Latin American Art (MOLAA), Lions Lighthouse, and the Long Beach Grand Prix. The property’s outstanding community amenities include a rooftop terrace with ocean views and barbecue stations, executive meeting rooms, a 24-hour state-of-the-art fitness center, sky lounge, pool, and spa. The apartment homes feature best-in-class luxury interior features, including gourmet chef’s kitchens with stainless steel appliances, quartz countertops, spa-inspired bathrooms, and spacious bedrooms.

Powered by WPeMatico