AUGUSTINE, FL – DLP Real Estate Capital announced its acquisition of the Chandler Park portfolio, amultifamily property portfolio, consisting of two communities in Owensboro and Paducah, Kentucky. This 560-unit portfolio is comprised of 1 bedroom, 2 bedroom, and 3 bedroom units and marks the companies’ first footprint in the Bluegrass State.
Don Wenner, Founder and CEO of DLP Real Estate Capital commented, “We are thrilled to not only make our mark in Kentucky, but more importantly, we’re excited to have an impact on hardworking individuals and their families by providing affordable homes in safe communities. Chandler Park offers higher luxury at affordable pricing.”
Chandler Park, Owensboro, built in 2014, is a 320-unit, multifamily complex located in Owensboro, the fourth largest city by population in the state. The city is the only metropolitan area in the country to have decreased its year-over-year unemployment rate from 4.4% to 4.2% (June 2019-2020) and has experienced immense growth in both businesses and economic development.
The property sits on over 17-acres with 17 residential buildings and includes a resort-style swimming pool, fitness center, and green space with grills. The one to three bedrooms apartments have open floor plans, patios and balconies, stainless steel appliances, granite countertops, and are pet friendly.
Chandler Park, Paducah, built in 2016, is a 240-unit, multifamily complex located in Paducah. Key economic drivers include transportation, manufacturing, and healthcare and the local economy is set to see exponential growth due to the City Block Project, a 3-acre multi use development in downtown Paducah.
The property sits on nearly 12-acres with 7 apartment buildings and includes a resort style swimming pool, expansive fitness center, clubhouse, and dog park. The one to three bedroom apartments have open floor plans, stainless steel appliances with granite countertops, and private patios and balconies, and are pet friendly.
The Chandler Park portfolio was brokered by Brian Devlin, Brandon Wilson, & John Seale of The Kirkland Company. Brian Devlin, Managing Partner commented, “Both Chandler Parks have unmatched amenities and brilliant locations to the city’s demand drivers. Their A quality finishes and superb design make these some of the best assets in the cities.”

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MURFREESBORO, TN – Bluestone Properties is a vertically integrated private real-estate company that owns and manages stabilized high-quality multifamily assets in high growth secondary markets. The firm’s newest acquisition, just out of lease up, is a 260-unit property named Vintage Gateway in Murfreesboro, TN.
Vintage Gateway is strategically located off of I-24 with convenient access to Franklin Road and is in the heart of Murfreesboro business corridor. The community offers residents a variety of shopping and dining options along with close proximity to Stones River National Battlefield, Ancient Fort Golf Course, MTSU and Saint Thomas Rutherford Hospital, making Vintage Gateway one of the most desired locations in Murfreesboro.
Vintage Gateway is an upscale mid-rise community with open concept floor plans that include high end interior features. The kitchen elements include Quartz countertops, stainless steel appliances with built-in wine chillers, and pendant lighting. The property offers a robust suite of amenities for residents to delight in. These amenities include a pet spa, and a paw park, an indoor/outdoor rooftop terrace featuring a full purpose catering bar, gaming stations and entertainment space, along with a resort-style pool and private cabanas. One of many unique features of this community are the private office spaces available to rent by residents or local business owners.
Senior Vice President for Bluestone Properties, Monica Escobedo, states, “We are very pleased to be expanding our footprint in the Tennessee market. I am especially excited to add Vintage Gateway to the portfolio, as it’s fantastic location and superior amenities provide residents a suburban lifestyle, with a quick 35-minute commute to Nashville.”

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MIAMI, Fl – Prestige Companies broke ground on The Trail, a new apartment community that will feature the first part of the Miami-Dade County’s 5.6-mile long Ludlam Trail. Phase one of the master project will deliver 84 units on over 2 acres of land at the northwest corner of Southwest 12th Street and Southwest 70th Avenue, just south of Miami International Airport. Phase two, which incorporates a retail component and 200 additional units, will follow along in the coming months.
“We are excited to be part of this fantastic transformation. The formerly dilapidated mobile home project will soon be a modern walking and biking community in one of the county’s most transcendent projects” says Alexander Ruiz, COO of Prestige Companies. The Trail will be a multifamily, garden-style, workforce housing community with a mix of stylish 1 and 2-bedroom apartments. While the community will be fully compliant with parking, Prestige Companies believes the walkability and bike-ability will be a fantastic appeal for a younger generation who prefers to spend less time in their car.
The Ludlam Trail is a new shared-use trail that will include safe, dedicated, direct pathways for walking, running, and cycling in order to encourage active lifestyles and enhance connectivity between schools, parks, transit stops, workplaces and shopping. “As one of our flagship developments, this project brings a fantastic amount of energy and momentum to complement the Ludlam Trail’s vision,” comments Dennis Rodriguez, a partner at Prestige Companies. Ludlam Trail runs from SW 80th street up to NW 7th street and will connect with the Underline, a grand pedestrian pathway which will run 10 miles in total from Brickell to Dadeland.

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