SMALL RIVER, SC – CWCapital Asset Management and co-sponsors Advantage Properties and Cove Property Management announce their partnership to buy River Oaks Village, a 190-unit, Class A apartment community in North Myrtle Beach, S.C., for $48.5 million. APC will assume management of the property.
Located in Small River, 25 miles north of Downtown Myrtle Beach, River Oaks Village is situated near miles of coastal beaches along the Atlantic Ocean. The property is a small distance to waterfront dining and shopping destinations as well as grocery and convenience store options. Adjacent to Highway 17, residents are easily connected to the area’s ample golf courses and resorts, Myrtle Beach International Airport and several dining, shopping, and entertainment destinations along the coast.
“The Myrtle Beach community has evolved from a favored vacation destination to a long-term living locale and has experienced rapid population growth in recent years driven by retirees desiring warmer weather and convenient access to recreation and leisure,” said Regina Lubin, Chief Investment Officer, CWCapital. “As the area continues to attract new residents seeking high-quality housing, River Oaks Village presents an opportunity to buy a well-maintained and well-located community positioned for rent growth. We look forward to partnering with APC to achieve the robust business plot designed for this community.”
Completed in 2019, River Oaks Village includes single tale cottage-style units with large floor plans and connecting one- or two-car garages, offerings that are unique to neighboring communities. The property features a well-appointed amenity set, including a clubhouse, fitness center and a swimming pool with a sundeck.

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NASHVILLE, TN – West Shore LLC, a multifamily real estate investment firm, announces its expansion into a new market with the acquisition of The Pointe at Five Oaks, a new construction luxury apartment community situated on 29 acres of rolling countryside in Lebanon, Tennessee. This is West Shore’s third property in Tennessee, adding to its two properties in Knoxville.
“We are pleased to expand our portfolio in Tennessee in the growing and exciting Nashville market,” said Steven P. Rosenthal, Chairman of West Shore. “The Pointe at Five Oaks is a terrific property that sits just outside Music City in Lebanon, giving residents an exceptional living experience with simple access to the city.”
The Pointe at Five Oaks community offers custom one-bedroom and two-bedroom floor plans with loft apartment options, some with attached private garages. The 312 apartment homes are perfectly designed with quality finishes, gourmet kitchens, and stainless-steel appliances, with each unit featuring a private outdoor patio or balcony.
The complex offers an unparalleled selection of amenities in a dynamic location, including two state-of-the-art fitness facilities and an expansive clubhouse and business center. Outdoor grilling stations with alfresco dining areas and fire pits all overlook the resort-like saltwater pool.
“The Pointe of Five Oaks is strategically located and well positioned to benefit from the significant job drivers and positive momentum in the market,” said West Shore President, Lee Rosenthal. “We are proud to add this luxury community to the West Shore portfolio and look forward to future opportunities to expand further in Tennessee.”

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SAN FRANCISCO, CA – Bell Partners, one of the nation’s leading apartment investment and management companies, announced the acquisition of Tam Ridge Residences, a 180-unit apartment community in the San Francisco suburb of Marin County. Bought on behalf of the company’s Bell Core Fund I investors, the community marks Bell Partners’ third acquisition in California in 2021 and will be renamed to Bell Mt. Tam.
Bell Mt. Tam offers residents an abundance of recreation options. Marin County is near more than 100 miles of rugged coastline, connecting residents to redwood forests, oak-bay woodlands and beaches. Residents delight in a bike path adjacent to the community, as well as the nearby 620-acre Corte Madera Marsh Ecological Reserve, a well loved bird-watching destination. Mount Tamalpais, Stinson Beach, the San Francisco Bay and Golden State National Recreation Area are all within a five-mile radius of the property.
Bell Mt. Tam’s residents also delight in nearby shopping, dining and entertainment options, as well as proximity to numerous area wineries. Premier destinations such as the Village at Corte Madera, an open-air shopping center, are half a mile from Bell Mt. Tam in addition to several restaurants, cafes and breweries. Neighboring downtown districts within Marin County, including Downtown Larkspur, are walkable from the community.
In addition to ample recreation and leisure, Bell Mt. Tam offers convenient commuter access to nearby metro areas, including San Francisco. The community is within walking distance of the Larkspur Ferry terminal which provides direct service to San Francisco’s central business district. Bell Mt. Tam is also close to Highway 101, connecting residents to the city via the Golden Gate Bridge, as well as Interstate 580.
“The acquisition of Bell Mt. Tam is an exciting addition to our growing West Coast portfolio given its highly desirable location in a supply constrained area and modern apartment finishes,” said Nickolay Bochilo, EVP of Investments at Bell Partners. “The acquisition of Bell Mt. Tam reflects our focus on finding investments that offer compelling long-term fundamentals and opportunities to enhance and protect value via our operating platform. We are thrilled to become the new steward of this special community for years to come.”
Built in 2017, Bell Mt. Tam features six buildings offering a mix of one-, two- and three-bedroom units. Residents delight in a rooftop terrace and an expansive half-acre, interior landscaped park with a resort-style pool and spa, community kitchen and firepit lounge. Resident homes include Class A features such as designer hardware and stainless steel appliances, high ceilings and generous patios or decks. The community also features 3,100 square feet of on-site retail, including Andy’s Market, a grocery and specialty store.
Adding to Bell Partners’ West Coast portfolio, the acquisition of Bell Mt. Tam follows the company’s September buy of Bell Hanover Center, a 395-unit community located in Los Angeles, as well as the acquisition of nearby 232-unit Bell Rohnert Park in February.

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