The Habitat Company, a leading multifamily property developer and manager, announced it has been selected by Goff Capital Partners as property manager for seven individual market-rate properties in Birmingham, Alabama and the surrounding area. Chicago-based The Habitat Company also serves as property manager for four other properties owned by Goff Capital Partners, totaling more than 2,000 units located in Ann Arbor, Michigan, St. Louis, Missouri and Tampa, Florida.
The assignment expands Habitat’s management portfolio by more than 3,600 apartments, bringing the total number of units under Habitat’s management to more than 23,000.
“This engagement demonstrates the importance of long-term, trusted relationships and the value in living up to our commitment to provide excellent service to both property owners and community residents alike, a hallmark of Habitat,” said Matt Fiascone, president of The Habitat Company. “Not only does this expanded partnership with Goff grow Habitat’s portfolio by nearly 18 percent, it adds 90 members to our team and serves as our entry into the competitive Birmingham market.”
The seven Alabama properties are all garden-style communities and include:
• The Park at Buckingham, 583 units in Homewood
• The Park at Callington, 604 units in Birmingham
• The Park at Carlyle, 649 units in Birmingham
• The Park at Wakefield, 240 units in Hoover
• The Park at Wellington, 168 units in Hoover
• The Park at Hoover, 1,080 units in Hoover
• The Park at Deerfield, 320 units in Hoover
“It’s an exciting time to be entering the Birmingham real estate market, as Alabama was recently ranked a top state for business, colleges and one of the best places to live for recent graduates,” said Sheila Byrne, executive vice president of property management at The Habitat Company. “We look forward to expanding our footprint into such an up-and-coming market, and offering the superior service that Habitat is known for to the residents of these seven communities.”
This new assignment from Goff comes on the heels of Habitat’s recent receipt of three 2015 CAMME (Chicagoland Apartment Marketing and Management Excellence) Awards. The Habitat Company was recently recognized by the Chicagoland Apartment Association in the categories of Property Excellence, Assistant to Property Manager and Maintenance Team. The CAMME Award is the most honored award given in recognition of superior contributions and exemplary achievements to Chicago’s multifamily housing industry.
As part of the change in management, several of the portfolio properties will undergo planned capital improvements ranging from interior unit updates that include kitchen and bath remodels to exterior maintenance and renovation including modernized clubhouses, fitness centers and leasing offices at some communities.
Unit features across the portfolio vary but may include fully equipped contemporary kitchens, spacious walk-in closets and private outdoor space. Select units also feature floating plank flooring and full-size washer/dryer connections.
Various community amenities may include a fitness center, swimming pool with sun deck, lighted tennis court, sand volleyball court, clubhouse, pool table, children’s playground, theater room, self-serve coffee bar and on-site laundry facilities.
In the coming weeks, residents of these seven Alabama communities will have access to several programs through habitat@home, which allows residents to make rent payments and request service online, and Habitat extras including Habitat on Call, which guarantees service request responses within 24 hours, a Proud to Serve discount of 5 percent for teachers, veterans, mail carriers, police officers and firefighters, Stay with Habitat, a no-fee transition for residents moving from one Habitat community to another, and a resident referral program with incentives for referring a friend to a Habitat community.
For leasing information, visit www.habitat.com.
About The Habitat Company
Founded in 1971, The Habitat Company is a full-service residential real estate company specializing in property management, acquisitions and development. One of the largest residential property developers and managers in the United States, with over $2 billion in assets and more than 23,000 units under management across five states, the company’s portfolio spans a range of property types, from mid- and high rise condominium, apartment and adaptive reuse developments to senior and affordable housing communities. Headquartered in Chicago, with approximately 800 employees throughout the United States, Habitat is dedicated to improving the communities it serves through innovation and a commitment to excellence. For more information, visit www.habitat.com.
