On the heels of one of the most robust growth periods in the firm’s history, Drucker + Falk has assumed management of Cottage Grove Apartments in Newport News, VA adding an additional 552 apartments to its flagship Hampton Roads’ management portfolio. Drucker + Falk manages nearly 40,000 apartments throughout the mid-Atlantic, Southeast and Midwest United States.
Cottage Grove Apartments will be overseen by Drucker + Falk Regional Property Manager, Matt Smith.
“We’re looking forward to working with owners to make interior improvements to the property, and to enhancing community amenities for our fine residents to include the construction of a new clubhouse,” said Smith.
Cottage Grove Apartments is located in central Newport News with easy access to major interstates, connector and commuter roads, public transportation, and several of the Virginia Peninsula’s largest employers.
“In addition to all of the new development projects for which we’re broadly known, expanding our existing footprint with conveniently located and sorely needed workforce housing that will benefit from a capital infusion designed to enrich the living experience for deserving residents, remains a passion of ours” said DF Multifamily Director, Deidre Brown. Brown oversees Drucker + Falk’s Hampton Roads portfolio of more than 10,000 apartments as well as assets in Arkansas.
ABOUT DRUCKER + FALK
Founded in 1938, Drucker + Falk is a full-service real estate and investment firm, managing a diverse portfolio of more than 40,000 apartments in 11 states including Virginia, Maryland, North Carolina, South Carolina, Georgia, Florida, Tennessee, Indiana, Kentucky, Arkansas, and Ohio. With roots in third party fee management, Drucker + Falk specializes in multifamily management of all asset types, new development construction consultation and lease up, urban revitalization, asset repositioning and stabilization of challenging properties, mixed use management and due diligence services. With more than 3 million square feet under management, Drucker + Falk also offers commercial sales, leasing and management services.
Source : https://www.prweb.com/releases/drucker_falk_adds_552_apartments_to_growing_hampton_roads_portfolio/prweb18500070.htm
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