Projects

Project History

The following apartment complexes have been acquired and managed by the principals of LN Development Group over the past 25 years. All management and renovation of these properties was administered by affiliates owned by the Principals.

Current Apartment Complexes

Chimney’s at Brookfield, Columbia, South Carolina, is a 259 unit Apartment Complex located on 20 acres. The Property consists of 32 buildings with 86 one bedroom apartments, 138 two bedroom apartments and 39 three bedroom apartments. Chimney’s was purchased on May 8, 2015 for $9.1 million.

Tanglewood Apartments, Tallahassee, Florida, is a 112 unit Apartment Complex located on 9 acres. The Property consists of 15 buildings with 36 one bedroom apartments, 64 two bedroom apartments, 12 three bedroom apartments. Tanglewood was purchased on September 1, 2014 for $5.25 million.

Charter Landing, Jacksonville, Florida, is a 332 unit Apartment Complex located on 27 acres. The Property consists of 16 two and three story buildings with 86 one bedroom apartments, 12 one bedroom lofts, 154 two bedroom apartments, 50 two bedroom townhouses, 18 three bedroom apartments and 12 three bedroom townhouses. Charter was purchased on September 26, 2014 for $12.9 million.

Meredith Square, Columbia, South Carolina, is a 144 unit Apartment Complex located on 15 acres. The Property consists of 20 buildings with 22 two bedroom apartments, 58 two bedroom townhouses, 22 three bedroom apartments and 42 three bedroom townhomes. Meredith was purchased on January 28, 2014 for $8.9 million.

Woodland Hollow Apartments, Charlotte, North Carolina, is a 246 unit Apartment Complex located on 18 acres. The Property consists of 44 one bedroom apartments, 76 two bedroom apartments, 98 two bedroom townhouses, 8 three bedroom apartments and 20 three bedroom townhouses. Woodland was purchased on October 25, 2013 for $6.3 million.

Planter’s Crossing, Tallahassee, Florida, is a 105 unit Apartment Complex located on 8 acres. The Property consists of 13 buildings with 24 one bedroom, 65 two bedroom and 16 three bedroom apartments. Planter’s was purchased on June 24, 2013 for $4.00 million.

Reserve at Lake Carolina, Columbia, South Carolina, is a 188 unit Apartment Complex located on 25 acres. The Property consists of 7 buildings with 66 one bedroom, 110 two bedroom and 12 three bedroom apartments. Reserve was purchased on February 26, 2013 for $11.85 million.

Parklane Apartments, Columbia, South Carolina, is a 288 unit Apartment Complex located on 20 acres. The Property consists of 30 buildings with 12 studio apartments, 92 one bedroom, 160 two bedroom and 24 three bedroom apartments. Parklane was purchased on July 2, 2012 for $9.59 million.

Windrush Village Apartments, Tallahassee, Florida, is a 210 unit Apartment Complex located on 15 acres. The Property consists of 26 buildings with 102 one bedroom apartments, 38 two bedroom apartments, 37 three bedroom apartments and 33 three bedroom townhouses. Windrush was purchased on December 15, 2011 for $7.25 million.

Maple Run Apartments, Charlotte, North Carolina, is a 310 unit Apartment Complex located on 30 acres. The Property consists of 38 one bedroom apartments, 173 two bedroom apartments, 39 two bedroom townhouses and 60 three bedroom apartments. Maple Run was purchased on May 6, 2011 for $5.55 million.

Townes at University Pointe, Charlotte, North Carolina, is a 428 unit Apartment Complex located on 27 acres. The Property consists of 53 buildings with 20 one bedroom apartments, 142 one bedroom townhouses, 136 two bedroom townhouses and 130 three bedroom townhomes. Townes was purchased on November 2, 2010 for $7.35 million.

Magnolia Point Apartments, Jacksonville, Florida, is a 229 unit Apartment Complex located on 13 acres. The Property consists of 28 buildings with 83 one bedroom, 106 two bedroom and 40 three bedroom apartments. Magnolia was purchased on April 15, 2010 for $3.9 million.

Camaron at Woodcrest, Tallahassee, Florida, is a 222 unit Apartment Complex located on 15 acres. The Property consists of 32 buildings with 48 one bedroom, 108 two bedroom, 32 three bedroom apartments and 34 two and three bedroom townhomes. Camaron was purchased on May 21, 2009 for $9.3 million.

Prior Apartment Complexes

Twin Lakes Apartments, Maitland, Florida, is a 247 unit Apartment Complex located on 16 acres. The Property consists of 23 buildings with 5 efficiencies, 108 one bedroom, 86 two bedroom and 48 three bedroom apartments.

Willow Wood Apartments, Lakeland, Florida, is a 120 unit Apartment Complex located on 7.11 acres. The Property consists of 19 buildings with 28 one bedroom and 92 two bedroom apartments.

Mallards Landing Townhomes and Villas, Ltd., Jacksonville, Florida, is a 200 unit Apartment Complex located on 11 acres. The Property consists of 31 buildings with 36 one bedroom, 138 two bedroom and 26 three bedroom apartments.

Handley Apartments, Ltd, Lakeland, Florida, consists of 52 apartment units with a 16 unit building, 4 duplexes and 7 quads.

The Palms Apartments, West Palm Beach, Florida, is a 200 unit Apartment Complex located on 12 acres. The Property consists of 23 buildings with 120 one bedroom and 80 two bedroom apartments.

Oakcreek Apartments, Jacksonville, Florida, is a 212 unit Apartment Complex located on 13 acres. The Property consists of 23 buildings with 92 one bedroom and 120 two bedroom apartments.

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