News

Six Park Properties Earn ApartmentRatings Designation

Property Management Company in Charlottesville VA

Congratulations to six of our properties across the state of Virginia on their most recent achievement - being honored as 2015 Top Rated communities by ApartmentRatings. ApartmentRatings allows verified residents to sound off regarding their community's performance in multiple areas including Office Staff, Maintenance, and Neighborhood. The six properties to receive the designation are as follows: Poplar Forest Apartments, Big Sky Apartments, Treesdale Apartments, The Highlands at Huckleberry Ridge, WIndigrove Apartments, and Colonnade Apartments. These properties had to achieve at least a 70% approval rating in order to qualify for this recognition. Kudos to all of our hard working staff members at each of these locations!

 

Groundbreaking Ceremony Scheduled for Fieldstone

Charlottesville Property ManagerPinnacle Construction and Development Corporation is pleased to announce that construction will soon begin on Fieldstone, a 144-unit Low Income Housing Tax Credit rental community in Blacksburg, Virginia. The 11 acres site is located on Givens Lane between Route 460 and North Main Street. Groundbreaking ceremonies have been scheduled for Wednesday, April 20, 2016.

When completed in late 2017, 84 apartments will be reserved for households with incomes at or below 60% of the area median income (AMI). In 2015, for a family of three, the 60% income threshold was $36,420; for a family of four, the 60% income threshold was $40,440.00.

An additional 60 apartments will be designed for senior (55+) households and include universal design standards for aging in place. The senior apartments are reserved for households with incomes at or below 50% and 60% AMI.

Amenities at Fieldstone will include a community building with fitness center, gardens, playground, picnic area, and trails. The community will be developed in accordance with EarthCraft sustainable standards for site design and building.

The community will be professionally managed by Park Properties Management Company, an affiliate of the developer and a Virginia Housing Development Authority certified property manager.

Funding sources include equity through purchase of Low Income Housing Tax Credits by the Richman Group, a construction loan through Ameriserv, and permanent financing through the Virginia Housing Development Authority. The County of Montgomery and the Town of Virginia approved incentives which lowered the project’s expenses and assisted in the successful applications for tax credits. In addition to the staff of Pinnacle Construction and its affiliates, the development team includes Balzer and Associates, Inc. (Engineering), dBF Associates, Architects, and Hirschler Fleischer (Legal).

PPMC Properties Receive National recognition

Residential property managementPark Properties Management Company is proud to announce its 2015 Resident Satisfaction Award WInning properties, as follows:

  • Landings at Weyers Cave
  • Treesdale Apartments
  • Poplar Forest Apartments
  • Big Sky Apartments
  • Vistas at Dreaming Creek
  • Windigrove Apartments
  • Highlands at Huckleberry Ridge
  • Colonnade Apartments

These properties each achieved high scores in overall resident satisfaction as documented through our participation in SatisFacts resident surveys. The SatisFacts Index uses a series of benchmark data which provide insight into industry standards. Each of the above listed properties scored above average in Unclosed Prospect, Move-In, Work Order, and Pre-Renewal Surveys, thus earning the designation.

 

Grand Opening and Ribbon Cutting for Windigrove Apartments

Windigrove Apartments Grand Opening & Ribbon Cutting!Park Properties Management Company, in conjunction with the Greater Augusta Regional Chamber of Commerce, hosted the official Grand Opening and Ribbon Cutting for Windigrove Apartments in Waynesboro, VA on November 5th. Guests were treated to tours of both the model apartment home, as well as the spacious clubhouse featuring billiards, a fitness center, and yoga studio. Mayor Bruce Allen spoke on behalf of the City of Waynesboro, welcoming the residents of the Windigrove community, and touting the economic importance of the project.

To learn more about Windigrove Apartments, please visit www.windigrove.com.

 

Blue Ridge Apartment Council honors PPMC Team Member

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Park Properties Management Company would like to extend congratulations to Assistant Property Manager Mike Gaeta of Poplar Forest and Parc Crest Apartments in Farmville, VA. The Blue Ridge Apartment Association honored Mike by selecting him as runner up to the Assistant Property Manager of the Year, with Mike only missing out on the top honor by a slim margin. Thank you for all of your hard work Mike! To learn more about Poplar Forest and Parc Crest apartments, please visit www.poplarforestapts.com.

 

NOW LEASING - Windigrove Apartments in Waynesboro, VA

Charlottesville va property management

Park Properties Management Company is proud to announce the addition of Windigrove Apartments to our ever expanding portfolio of residential properties. Windigrove opened its first builidng on September 12, and will continue adding and leasing remaining buildings through the end of 2014. Featuring high-end, luxury apartment homes, Windigrove brings a very unique housing experience to Waynesboro and the surrounding area. Prospective residents are sure to find everything they could want in a new home at Windigrove Apartments. For more information please contact Stephanie or Lili at 540-949-7158 or windigrovels@parkpropertiesinc.com.

 

NOW LEASING - Highlands at Huckleberry Ridge in Blacksburg, VA

property management Charlottesville va

Park Properties Management Company is proud to announce the upcoming addition of Highlands at Huckleberry Ridge to our ever expanding portfolio of residential properties. Featuring high-end, luxury apartment homes, Highlands will bring a very unique housing experience to Blacksburg and the surrounding area. Prospective residents are sure to find everything they could want in a new home at Highlands at Huckleberry Ridge. For more information please visit our temporary leasing location at 621 Sundance Lane #101 in Blacksburg, or contact us at (540)552-0826 or via email at highlandsls@parkpropertiesinc.com.

PPMC/PCDC to attend RPM Career Fair at Virginia Tech

Charlottesville Property ManagementVisit us at the Residential Property Management Career Fair on Thursday, March 20th between 9:00 and 11:00am at the Inn at Virginia Tech. We will have information on future employment and internship opportunities. Check out the link below for more information:

http://www.ahrm.vt.edu/housing/resoption/career_fair.html

 

Waynesboro Place Development Sparks Excitement

Property Management Charlottesville

A partnership between PPMC's sister comany Pinnacle Construction and Development and Triangle Realtors is building up quite a buzz in the Waynesboro area, and surrounding community. Waynesboro Place, which will include one of PPMC's newest multifamily sites - Windigrove Apartments - will add a whole new dimension of economic opportunity to a quickly growing part of the city. Check out the coverage from both NBC 29 of Charlottesville:

http://www.nbc29.com/story/24448406/waynesboro-place-development-crops-up-near-i-64#.UtXm0e73HdI.email

and The News Leader of Staunton:

http://www.NewsLeader.com/apps/pbcs.dll/article?AID=/201401111827/NEWS01/301110027

Director of Property Management Elected as MA-AHMA Board President

commercial property management company

Park Properties Management Company would like to extend congratulations to Director of Property Management Alice Fletcher on her recent selection as President of the Mid-Atlantic Affordable Housing Management Association (MA-AHMA). Serving Virginia, Maryland, Washington, D.C., and West Virginia, MA-AHMA exists to meet the training, advocacy and information needs of owners and managers of affordable multifamily housing communities, as well as the vendors and service professionals who serve and support them. For more information please visit http://mid-atlanticahma.org/.

NOW LEASING - Round Hill Meadows in Orange, VA

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Park Properties Management Company is proud to announce the upcoming addition of Round Hill Meadows to our ever expanding portfolio of residential properties. Comprised of two separate communities – Round Hill Meadows and Round Hill Meadows Place – this brand new project is set to open in the fall of 2013. Featuring a blend of affordable and market rate apartment homes, Round Hill will bring a very unique housing experience to Orange and the surrounding area. Prospective residents are sure to find everything they could want in a new home at Round Hill Meadows. For more information please contact Rita or Laura at 540-395-9720 or roundhillmeadows@parkpropertiesinc.com.

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