Mission Rock Residential Selected to Manage 308-Unit The Views at Laurel Lakes Apartment Homes in Laurel, Maryland for Hamilton Zanze

LAUREL, MD – Mission Rock Residential, a Denver-based multifamily property management company, is further expanding its northeast regional presence, announcing a new management contract for The Views at Laurel Lakes Apartment Homes in Laurel, Maryland. Formerly named “The Point,” the company has been issued an agreement for the management of the apartment community by new owner Hamilton Zanze.
“The lifestyle offered at The Views at Laurel Lakes stands apart from the surrounding residential options with the comfortable and updated apartment interiors, and outdoor-centric amenities including a unique two-level swimming pool. We’re thrilled to enhance the resident experience for all current and prospective residents,” said Patricia Hutchison, President of Mission Rock Residential.
The community offers 308 apartment homes and is located conveniently midway between Baltimore and Washington. Residents have simple access to Interstate 95, the Laurel MARC commuter rail station, and these major urban centers. The community offers noteworthy amenities such as a two-level pool, outdoor grill areas, a 24-hour fitness center, and direct lake access. This access is especially notable given the property’s silent, park-like setting.
Each individual apartment home includes a washer and dryer, stainless-steel appliances, wood-burning fireplaces, and a private patio. All bathrooms and kitchens feature new cabinetry and countertop surfaces and updated energy efficient light fixtures thanks to a recent renovation undertaken across the complete property.
While a largely residential community, Laurel is home to a historic Main Street district along with significant retail presence. In addition to its simple access to Baltimore and Washington D.C. for employment opportunities, Laurel is also host to several major employers. The Department of Defense is a prominent presence in the Laurel area, with the Fort Meade Army base, the National Security Administration, and Johns Hopkins’ Applied Physics Laboratory all located nearby. Laurel Park, a thoroughbred horse racetrack, is also located just outside the city limits.

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FCP Acquires 210-Unit Villas at Princeton Lakes Atlanta Apartment Community for $30 Million in the South Fulton area of Atlanta, Georgia

ATLANTA, GA – FCP announced the $30.0 million acquisition of Villas at Princeton Lakes, a 210-unit apartment community in the South Fulton area of Atlanta, GA. The acquisition marks FCP’s 18th investment in Atlanta. FCP assumed the existing loan at the property.
“The Villas at Princeton Lakes is a very well-maintained asset next to the booming South Fulton Industrial corridor,” said FCP’s Scott Reibstein. Reibstein continued, “We’re excited to have bought our second community there, central to so much growth.” The property was bought in an off-market transaction, was recently renovated and has experienced steady 95% occupancy throughout 2020.
Located at 751 Fairburn Road, SW in Atlanta, Villas at Princeton Lakes is an attractive garden-style community built in 2004 with hardi-plank and brick siding. The community features large one, two and three-bedroom, family-friendly floorplans, with extra storage, private patios and brilliant access to Hartsfield Atlanta International Airport, Interstates 285 and 20 and nearby convenience and amenity retailers and restaurants.
FCP extends its appreciation to Travis Presnell at Cushman & Wakefield for his representation
FCP is a privately held real estate investment company that has invested in or financed more than $8.3 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and mezzanine investments in income-producing and development properties.

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High End 304-Unit Ora Luxury Apartment Community Brings a New Way of Urban Living to Boston’s Seaport Waterfront

BOSTON, MA – Lincoln Property Company (LPC) and Phoenix Property Company (PPC) presented Ora, a mixed-use development offering high-end studio, one, two and three bedroom apartments, now open in Boston’s Seaport District.
Ora is a 12-tale, mixed-use apartment community with 304 luxury units, as well as restaurant, retail and innovation space on the ground and garden levels. The building has been designed with a commitment to progressive thinking, innovation, luxury and connectivity. Select units feature open concept floor plans, private balconies, waterfront views, quartz countertops and keyless entry.
The themes of connectivity and luxury are reinforced by the building’s shared amenities, which include concierge services, valet parking, a central public courtyard, a rooftop pool and a sky deck on the 12th floor with over 8,500 square feet of outdoor amenity space and sweeping views of downtown and Boston Harbor.
This project is the latest development among the growing residential and commercial activity in the Seaport District. LPC and PPC are committed to continuing this area’s transformation and fostering growth across the entire region through public and private partnerships.
As part of this initiative for smart growth, Ora was designed with a commitment to climate resiliency and sustainability. The property is surrounded by a barrier built to withstand three feet of floodwater, based on FEMA and Massachusetts guidelines for rising sea levels over the next 30-40 years. It has also been awarded LEED Silver certification by the U.S. Green Building Council, the most widely used green building rating system in the world.
The team behind Ora’s leasing and marketing efforts describes the project as “a new way of urban living.” The building’s mission is to reflect the essence of the Seaport as a representation of “the new Boston.” Through its architecture, services, and amenities, Ora has been deliberately designed to facilitate real connections for its residents, while offering the convenience and vibrancy of an urban neighborhood just steps from the Silver Line and minutes from South Station.

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