News & Events | American Landmark Apartments

American Landmark Expands into Phoenix with Acquisition of Apartments Near Arizona State University

Mon, 22 Aug 2022 18:08:20 GMT

PHOENIX (July 26, 2022) – American Landmark Apartments , one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Tempe Metro, a 408-unit apartment community located in Tempe, Ariz., within the Phoenix metropolitan area. The property has been renamed “The Access.”

This marks the company’s expansion into the Arizona multifamily market.

“Phoenix is one of the most dynamic, and fastest-growing cities in the country, ranking just behind Miami as the most popular migration destination in the U.S.,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “With a diversified economy offering jobs in high tech, finance, hospitality/service, and education, Phoenix will continue to experience above-average job growth, and demand for high-quality apartments is likely to remain for the long-term.”

Built in 2010 and located at 1811 E. Apache Boulevard, The Access offers studio, one-, two- and three-bedroom floor plans ranging from 485 to 1,328 square feet. The apartments feature nine- to seventeen-foot ceilings, private balconies with city views, gated underground parking, a double stainless-steel sink, dishwasher, full-size washer and dryer and walk-in closets. This pet-friendly community includes a wide range of amenities such as resort-style swimming pools with a sundeck, a clubhouse with a social lounge and work areas, an outdoor spa, 24/7 fitness center and spin room, outdoor kitchen and grilling stations, a rooftop basketball court and safety features like a controlled-access gate and onsite courtesy patrol.

The property is situated off State Route 101, just a 10-minute drive to Arizona State University, the city’s largest employer and cultural hub for art and history exhibitions, concerts and other events that draw students and non-students alike.

About American Landmark

American Landmark Apartments is one of the fastest-growing multifamily owner-operators in the United States and ranks No. 33 on the National Multifamily Housing Council list of the top apartment owners in the country with approximately 34,000 apartment units in its portfolio. Based in Tampa, Florida, American Landmark specializes in the acquisition and management of value-added multifamily properties located in high-growth markets throughout the Sunbelt, including Georgia, Florida, North Carolina, South Carolina, Tennessee and Texas. American Landmark is committed to delivering great service and outstanding living environments to residents and delivering consistent, attractive risk-adjusted returns to investors and partners. For more information, please visit www.alapts.com .

Ready Life, American Landmark Partner for New Fintech Platform

Mon, 22 Aug 2022 18:06:19 GMT

Fintech platform Ready Life is partnering with American Landmark Apartments to build new homeownership opportunities for renters. Ready Life was founded by Ashley D. Bell and Dr. Bernice A King. The mortgage lending model depends on good rental payment history, rather than credit scores, to help buyers qualify for a home purchase.

Multifamily residents who pay rent on time using the Ready Pay debit card can qualify for mortgages without a credit score review. "There are over 17 million renters in America who could potentially purchase their own home, yet the current credit scoring system provides more hurdles than pathways," shares Bell, Ready Life founder and CEO.

"When we hit our stride, the Ready Life platform will completely revolutionize America's home lending system by shifting away from credit score models and replacing the system with one that focuses on repayment ability. We’re excited to team up with American Landmark to provide a clear pathway that helps renters across the country achieve the dream of homeownership.”

American Landmark plans to make the Ready Life platform available to its nearly 34,000 residents. Joe Lubeck, CEO of American Landmark, says, “American Landmark is honored to introduce our residents to an innovative new path to homeownership through Ready Life.

“Ready Life is leading the marketplace in creating significant generational wealth-building opportunities through its payment systems and no-credit-score mortgages. Families that begin their journey with us in an apartment can continue their journey toward homeownership through Ready Life. That’s the American Dream, and that’s cause for celebration.”

American Landmark Acquires Apartments in Fort Lauderdale Metro

Mon, 22 Aug 2022 18:04:04 GMT

The 244-unit Glen at Cypress Creek will be renamed “The Asher”

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Glen at Cypress Creek, a 224-unit apartment community located in North Lauderdale, Fla., in Broward County. The property has been renamed “The Asher.”

“South Florida has seen record growth this past year, with a number of corporation relocations driving intense demand for apartments in the tri-county area,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “We are pleased to continue growing our portfolio in South Florida, where American Landmark already has an extensive presence.”

Built in 1997 and located at 1949 Cove Lake Drive, The Asher offers one-, two- and three-bedroom floor plans ranging from 760 to 1,238 square feet. The apartments feature wood-style flooring, stainless steel appliances, a dishwasher, a washer and dryer, spacious walk-in closets and some units include a private terrace or balcony. Located next to Cove Lake, the community provides a wide range of amenities such as a pool, sundeck, fitness center, business center, barbeque and picnic area, car care center, volleyball court, basketball court and racquetball court.

The property is situated halfway between Fort Lauderdale and Boca Raton, just minutes away from Florida’s Turnpike and I-95, providing easy access to world-class golf courses, famous beaches and an array of shops and restaurants downtown. The location offers an urban and suburban mix as it is a small quiet area but neighbors the bustling city of Fort Lauderdale.

American Landmark Buys 328-Unit Cavalli at Iron Horse Station Apartments Near Fort Worth

corbin@multihub.io (REPLI Team) — Wed, 13 Apr 2022 16:17:54 GMT

Cavalli at Iron Horse Station in North Richland Hills totals 328 units. The property was built in 2021.

NORTH RICHLAND HILLS, TEXAS — Tampa-based multifamily investment firm American Landmark has purchased Cavalli at Iron Horse Station, a 328-unit apartment community in North Richland Hills, a northern suburb of Fort Worth. Built in 2021, the property offers one-, two- and three-bedroom units that range in size from 605 to 1,298 square feet and are furnished with stainless steel appliances, granite countertops and private balconies/patios. Amenities include a pool, media/game room, fitness center, resident lounge, outdoor grilling and dining areas and a pet park. The seller and sales price were not disclosed.

$3m Facelift for Lake Ellenor Includes Cool New Technology

Wed, 07 Dec 2016 22:24:52 GMT

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