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| Ashford Pavillion Apartments, Decatur, GA |
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| Norman J. Radow |
ATLANTA, GA (Feb. 20, 2014)
– Multifamily real estate firm Stonemark Management recently added another
1,600 apartment units owned by The RADCO Companies® (“RADCO”) to its management
portfolio.
The addition of properties
in Chicago, Indianapolis, Tulsa, Okla., and Atlanta brings the total number of
units Stonemark manages for RADCO to more than 5,700 in 21 multifamily
communities.
RADCO, an innovative,
rapidly expanding and nationally recognized real estate industry leader,
enhances Stonemark’s strategic expansion into the Midwest, while also
strengthening its existing footprint in the Southeast.
The RADCO portfolio
brings the total number of units Stonemark manages for all its clients to
approximately 15,000.
“Stonemark is an
exceptional multifamily property management firm with an impeccable reputation,
which makes them a perfect fit for RADCO’s rapidly expanding portfolio of
multifamily communities,” said RADCO founder and CEO Norman J. Radow.
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| Michael Taylor |
“We look forward to continuing to foster and grow our
relationship with this outstanding company, which has helped ensure that
RADCO’s properties are among the most sought-after in the Atlanta metro
area.”
“We work every day to
exceed expectations and deliver excellent results for our clients and
partners,” said Michael Taylor, CEO of
the Stonemark Group.
“The fact that RADCO put its trust in us to help increase
financial performance in these important properties means a great deal.”
The partnership began in
November 2012 when RADCO hired Stonemark to manage rental communities in
Atlanta and Lilburn, Ga. Last year, the portfolio grew to include about a dozen
more Atlanta-area communities, totaling more than 4,000 RADCO units under
Stonemark management. The additional six communities came online in January and
February.
For a complete copy of the company’s news release, please
contact:
Terri Thornton
404-932-4347
Terri@TerriThornton.com
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