Senior Living Community Debuts Featuring Assisted Living, Independent Living and Memory Care with World Class Amenities

BRIARCLIFF MANOR, NY – The Club at Briarcliff Manor recently welcomed its first residents to the magnificent new senior living community featuring best-in-class helped living and independent living apartments and award-winning memory care.
Set atop a scenic wooded site with panoramic views of the Hudson River and once home to the legendary Briarcliff Lodge, The Club at Briarcliff Manor features a mix of 87 helped living, 167 independent living, and 33 memory care apartments in two interconnected Tudor-style buildings.
The Club offers top-level options for Helped Living, Independent Living and Memory Care provided by a professional staff that caters to residents personal needs and preferences.
The Helped Living residents at The Club delight in an exceptional quality of life while receiving personalized care, additional in-home help and customized programming. They continue living the healthy and active lifestyle they are used to with a small added help when needed.
The Club recently received from the New York State Department of Health an Enhanced Helped Living Residence License (EALR). Helped Living communities with an EALR can serve people who exceed the normal standards of adult homes, enriched housing, or normal helped living. It allows residents to “age in place.” EALRs can hire licensed nurses to provide and supervise care.
Residents at The Club can choose from one-bedroom, one-bedroom plus den and two-bedroom apartments, which is an exceptional offering compared to other senior housing communities in Westchester County offering studios under 500 square feet. The well-appointed and spacious apartments at The Club range from 605 square feet to 1040 square feet. All apartments feature granite counters, walk-in closets, ceramic tiled baths with walk-in showers, individually controlled heating and air conditioning and spectacular views of the Hudson River and Manhattan skyline. Monthly rents start at $7,350.
Residents delight in access to valet parking, fitness center, several gourmet dining venues and upscale amenities in a vibrant environment with opportunities to pursue their passions and make social connections.
Residents in the Memory Care neighborhood who are living with dementia or Alzheimer s receive The Club s award-winning programming and care in a safe environment tailored to their personal needs.
From the elegant grand lobby to the resplendent dining areas to the spacious and perfectly designed residences to the world-class amenities, The Club at Briarcliff Manor echoes the rich and stately elegance of the Briarcliff Lodge, a grand resort hotel built in the early 1900s that was a well loved destination for the rich and well-known.
The Club offers an unrivaled array of first-class amenities. The elegant lobby harkens back to the historical Briarcliff Lodge with transitional details that reference the Tudor architecture. A 24-hour concierge welcomes residents, visitors and staff, setting the tone for luxury senior living. From the lobby area your attention is drawn to the Club Room with its soaring double height space and expansive windows overlooking the terrace and landscape. A fireplace and music from the baby grand piano make the residents and their guests feel right at home.
The Club features multiple distinctive dining venues with gourmet fare provided by a world-class chef. The main dining areas can accommodate individuals, small parties or large groups of 8 to 10 people. The dining rooms offer discrete areas for more intimate settings within the larger room. For a more casual dining experience, there s Rockefeller s Bistro adjacent to the main dining room. The Carnegie Room near the Bistro and lobby is a quieter place for reading and socializing. It has a juice/coffee bar that is open all day. For light dining and cocktails there is the Hudson Lounge, which overlooks the main terrace. Special events can be serviced by the bar or from the main kitchen.
The Club also boasts a creative art studio, game room; fitness center and rehabilitation gym; plotted social activities; 25-seat cinema with tiered seating; beauty salon and barbershop; valet parking, outdoor patios; healing garden, fireside patio, terraces, courtyard and walking paths along the pastoral grounds designed by The Olmsted Brothers, sons of the eminent landscape architect Frederick Olmsted who co-designed Central Park. A top floor observation area known as The View offers stunning panoramic vistas of the Hudson River and Manhattan skyline. The Club is also pet friendly.
The Club at Briarcliff Manor is setting a new standard of excellence in senior living in the New York Metro area. We are very pleased at the tremendous response we have received from residents throughout the area, said John Muzio, Executive Director The Club at Briarcliff Manor. We are so excited to remake history and open our doors to this community. Our vision for this property has been realized so perfectly, he added.
The 59-acre property on Scarborough Road is rich in history that dates back to the early 19th century. Originally known as Briarcliff Farm, the property was bought in 1890 by Walter William Law, a retired businessman who transformed the property into a successful dairy farm and later as the Briarcliff Lodge. In the 1920s, the Briarcliff Lodge loved its heyday entertaining the rich and well-known including Franklin and Eleanor Roosevelt, Johnny Weissmuller, Tallulah Bankhead and Babe Ruth to name a few. In recognition of the property s rich history, The Club at Briarcliff Manor features vintage photographs of the Briarcliff Lodge showed throughout the building.
The Club embraces a strong respect for the environment having achieved Gold Level Certification under the Home Innovation program of the NGBS –National Green Building Standard. The Club is also committed to being a excellent neighbor in the community. On the lower part of the property, a soccer field was constructed by The Club for the Village s recreational use.

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Passco Companies Continues to Grow Atlanta Portfolio with Acquisition of 423-Unit Avana Lenox Apartment Community

ATLANTA, GA – Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has bought Avana Lenox, a 423-unit apartment community in Atlanta, Georgia.
The acquisition brings Passco s current Atlanta multifamily portfolio to more than 1,800 units.
The firm bought the asset from Greystar, who will remain the property manager for the community, for a total consideration of $106.5 million.
While in line with Passco s proven strategy of acquiring well-located multifamily properties in markets with strong growth fundamentals, Avana Lenox is a highly-unique addition to the firm s Georgia portfolio, according to Colin Gillis, Vice President, Acquisitions – East.
Avana Lenox is a once-in-a-generation acquisition due to its rare positioning as one of the last garden-style multifamily communities constructed in Buckhead, clarifies Gillis. In addition to the exceptional, low-density site and huge floorplans, our team was drawn to this property because of its irreplaceable location, which allows the property to delight in ‘dual Buckhead and Midtown identities. The property offers both surface street and interstate access into the hearts of both Atlanta s financial district in Buckhead, and the established Arts District and a burgeoning tech-hub of Midtown.
While situated within a silent community near million-dollar homes, Avana Lenox has significant visibility along main thoroughfares and is in close proximity to jobs and other conveniences.
This is one of the best-located properties in Atlanta in terms of proximity to major employment centers, continues Gillis. Residents have near-immediate access to Interstate 85 and Georgia State Route 400, reaching nearly 500,000 jobs within a 10-15-minute drive, including those in Buckhead, Midtown, Brookhaven Medical Corridor, and Clifton Corridor.
According to Gillis, while Passco has been highly active in the Atlanta suburbs for the past several years, this was a significant and unexpected opportunity to buy a multifamily community that fit the firm s investment profile in a core, inside-the-perimeter-location.
Paul Berry of CBRE s Investment Properties Mulitfamily represented Greystar as the seller in this transaction. In describing Avana Lenox, Berry noted, the property provides an umatched combination of commuting convenience, large apartment sizes, state-of-the-art amenities and an elegant mid-density setting. For a host of reasons, Avana Lenox can not be replicated, and that fact combined with its set of features should lead to future rental performance much stronger than market norms. Avana Lenox is an outstanding longterm hold property.
Built in 1998, Avana Lenox is situated on 15 acres and features some the largest floorplans in the market with an average of 1,203 square feet, over 40% larger than new development averages, Gillis notes.
The majority of Avana s units have been renovated in recent years to varying degrees, and the amenity offerings upgraded to Class AA quality, including full renovation of the leasing center, fitness center, club rooms, and pool area; an exterior makeover; and refreshed signage.
Passco plans to follow the lead of previous ownership and their proven-out renovation strategy to modernize select units with updated flooring and fixtures, making additional value and strong cashflow without significant capital investment, notes Gillis.
Community features include a two-tale fitness studio, a resort-style pool with lounge seating and a fire pit; a game room with billiards, shuffle board, and a flatscreen TV; a conference room; a package locker system; tennis courts; and several other amenities.
The apartment community offers units with a range of one-, two-, and three-bedroom floorplans, with 82 units of two-tale loft floor plans and 16 townhomes with attached garages.
Unit features include granite or quartz countertops, stainless steel appliances, plank flooring, walk-in closets, refinished white cabinetry, and full size washer and dryers provided in renovated units.
The property is located at 925 Canterbury Road in Atlanta.

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Multifamily Leadership Announces the Top 25 Best Places to Work Multifamily for Women

SCOTTSDALE, AZ — Today, Multifamily Leadership, the producers of the Multifamily Leadership Innovation Summit and the Multifamily Women s Summit, announced the official list of the 25 National Best Places to Work Multifamily for Women, whose numerical rankings will be released March 18-19, 2020 at the Multifamily Women s Summit
It s become no secret that Multifamily Leadership is an advocate for building strong company culture within the multifamily housing sector. The Multifamily Leadership Innovation Summit is a two-day summit held each November that strives to reimagine the industry through innovative leadership practices and cutting-edge technology. The summit is also responsible for orchestrating the Best Places to Work Multifamily program, which recently recognized 58 best-in-class multifamily organizations for their role in providing a strong workplace culture to employees.
Through the Best Places to Work Multifamily program, Multifamily Leadership has highlighted the multifamily housing industry s deep focus on people, as well as its support of more than 17.5 million jobs and monumental 3.4 trillion-dollar contribution to our nation s economy each year. Best Places to Work Multifamily recognizes companies that have established and consistently fostered outstanding workplace environments. The program is part of a long-term initiative to encourage growth and excellence throughout the multifamily housing industry, while attracting new talent, innovators, and leaders to the sector.
Following the success of this program, Multifamily Leadership has implemented an all-new initiative that will continue to grow and refine the industry s workforce: 25 National Best Places to Work Multifamily for Women. This exciting, new award program is based on data gathered from Best Places to Work Multifamily, which serves as a qualifier for this prestigious, first-of-its-kind list. Of those 58 first-rate organizations, 25 have earned a spot on the list of National Best Places to Work Multifamily for Women. According to the women surveyed, these property management companies provide a positive, fruitful working environment for women.
Even though American businesses care about diversity— with as many as 85 percent of companies tracking diversity figures— only 25 percent set gender diversity targets in their hiring strategy. As Carrie Antrim, Director of Operations at Multifamily Leadership, clarifies, Although we ve come very far in our struggle with gender equality, there s still a lot of work to be done. The ultimate goal of programs like theMultifamily Women s Summit and National Best Places to Work Multifamily for Women is to continue to address challenges that women face in the workplace and level the playing field for all.
The 2020 Best Places to Work Multifamily for Women, arranged alphabetically, are:
Alco Management, Inc.
American Communities
Apartment SEO
Baron Properties
Carter-Haston
Centra Partners, LLC
Continental Properties
CWS Apartment Homes
Fogelman
IMT Residential
JVM Realty
Keener Management
MC Residential
Northland Investment Corporation
Olympus Property
Passco Companies
Pathlight HOME
Portico Property Management
Presidium Property Management
Respage
RMK Management Corporation
Stonemark Management
The Franklin Johnston Group
TI Communities
Weller Management, LLC
Registration for the 2020 Multifamily Women s Summit is now open. For more information about this or the National Best Places to Work Multifamily for Women, visit multifamilywomen.com

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