In a very busy few days, Continental added two new Springs communities to our growing portfolio. Springs at 2534 in Johnstown becomes our third community under construction in the Denver metro, and Springs at Sunfield in Buda adds to our growing Texas portfolio, becoming our third community under construction in the Austin area.
I am pleased to announce that Leah Sevcik will be stepping into a new role as our Investor Relations Coordinator!
The unsung heroes in an apartment community are often the maintenance team members. These are the people who likely have the most interaction with our residents, and the service they give is frequently cited by reviewers as a reason they renew their leases. We are pleased to reward two of our maintenance team members with promotions to Maintenance Supervisor, in recognition of their hard work and dedication to our shared goal of providing "above and beyond" customer service.
Tradition is defined as the "transmittal of elements of a culture from one generation to another...a coherent body of precedents influencing the present...a time-honored practice or set of such practices." After nearly 40 years, Continental has more than a few traditions. In mid-June, we participated in one of them, our annual Challenge Meetings.
On June 7, 2017 Continental closed on the acquisition of 14.7 acres in Sun Prairie, WI for our newest Springs apartment community. The site is located in a high growth corridor with immediate access to new retail, restaurants and other resident amenities. Upon completion the project will have 228 homes.
We are excited to share yet another growth opportunity for a Springs team member! Sandy Parent started at Springs at Palma Sola in 2010 as a Leasing Associate. In 2011 she was asked to float, supporting supporting all of our Florida communities. In 2012 she was promoted to Assistant Property Manager for Springs at Palma Sola, and in 2014 she took the driver's seat with her promotion to Property Manager. Under her steady leadership, that community has met its financial goals and been named Springs Apartments “Property of the Year".
Please help congratulate Amber Friedrichsen on her recent promotion to Property Manager at Springs at Jordan Creek!
In a deal that reflects all of the attributes of the Continental DNA, our Springs development team has brought a new Springs community to groundbreaking in the Chicago suburbs.
We have some exciting news to share about continued growth in our company. We are very pleased that Tiffany Taylor has taken a position as Property Manager to kick off our brand new lease-up, Springs at McDonough.
It is a very exciting time to be a part of Continental Properties and our Multifamily Operations team. Our current portfolio sits at 46 communities and our growth is projected to continue for the foreseeable future, with an active development pipeline of projects throughout the United States.