Fifteen Asset Management took over 46 multifamily communities with more than 14,000 units in 10 states: Florida, Texas, California, Georgia, Alabama, Virginia, New Mexico, Nevada, Colorado and Indiana. More of the properties are in Texas than in any other state, with Florida being second.

Seven of the properties, consisting of a couple thousand units, are located in Florida. That state, along with Texas and California, are the company's most significant states, Ian Sanders, president of Fifteen Group LLC, tells GlobeSt.com.

The four South Florida properties are: Arbor Lake Club in Miami, with 712 units; Horizons North in North Miami, with 276 units; Park Hill in Kendall, with 264 units; and Parkview in Pembroke Pines, with 208 units.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.