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.
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.
Springs at Woodlands South in Tulsa reached its occupancy and prelease goals on March 31 and is now stabilized. Our success at Springs at Woodlands South is a true team effort. However, two individuals deserve specific recognition.
I am thrilled to announce that Jorge Bautista was named Lead Service Technician of the Year (251-300 units) at the Tulsa Apartment Association's annual Zenith Awards on Friday, November 18.
The National Multifamily Housing Council (NMHC) is the premier organization representing the nation's apartment industry by political action and public relations. It is also a massive collector of industry data, and they recently published a list that caught our attention: the 25 Largest Apartment Developers in the U.S.
We are pleased to announce the promotion of Brian Wall to Maintenance Supervisor for Springs at Egan Drive Apartments in Savage, Minnesota.
Continental Properties, a Wisconsin-based national commercial real estate development company, recently announced the acquisition of land for a new residential apartment community in Kenosha, Wis., 30 miles from the metro Milwaukee area. The townhouse-style apartment homes will begin accepting applications in fall of 2016, with the opening set for early 2017. This new apartment community, named Springs at Kenosha Apartments, is the first Wisconsin location for Springs Apartments, Continental’s national apartment brand. This is one of 16 Springs apartment home communities undergoing site preparation or active construction around the country as of February 2016.
The past couple of weeks have been filled with Apartment Association awards for many of our Springs communities. This is a time when our Springs Apartment communities really stand out not only for our excellent customer service and outstanding product, but mostly because of our very talented team members! This year our Springs group won 11 (Yes, ELEVEN!!!) honors and awards! This is a great accomplishment and our winners should definitely be very proud.