“We are thrilled to add to the company’s growing Mid-Atlantic portfolio, having already seen tremendous improvements with the communities we manage, and having successfully seen through upgrades, in the surrounding area," said Deidre Brown, Director of Multifamily Management for Drucker + Falk.
VIRGINIA BEACH, Va. (PRWEB) January 29, 2020
DF Multifamily, a division of Drucker + Falk, one of the nation’s most prominent multifamily management companies, recently assumed management of Kingstowne Apartments and Townhomes in Newport News, VA. Located in the heart of Oyster Point and minutes from Marketplace at Tech Center and City Center, Kingstowne joins other DF Multifamily managed communities including Waterman’s Crossing, Chesapeake Bay Apartment Homes, Compass at City Center, and Mariner’s Green Apartments.
While some of the 384 apartments & townhomes have recently undergone renovations, the community’s ownership group, is currently finalizing capital plans for additional renovations to include the addition of a resident clubhouse, upgrading existing amenities, as well as interior and exterior renovations.
The addition of Kingstowne Apartments & Townhomes brings Drucker + Falk’s management portfolio to over 24,500 apartment homes in the Mid-Atlantic and the company’s overall portfolio to nearly 40,000 apartment homes across twelve states. Deidre Brown, Director of Multifamily Management for Drucker + Falk, commented, “We are thrilled to add to the company’s growing Mid-Atlantic portfolio, having already seen tremendous improvements with the communities we manage, and having successfully seen through upgrades, in the surrounding area.”
Drucker + Falk was one of several companies being considered for management. Wendy Drucker, Managing Director for Drucker + Falk added, “It was an honor to learn that we were selected because of our responsiveness, attention to detail and superior customer service from both our corporate and our onsite management teams. We look forward to working with the Owners and are excited to begin the renovations on the community.”
ABOUT DRUCKER + FALK
Founded in 1938, Drucker + Falk is a full service real estate and investment firm managing a diverse portfolio of nearly 40,000 apartment homes and approximately 3,000,000 square feet of office, retail and industrial space in 12 states. In addition to managing a broad range of properties, including class A+ to affordable apartment communities, mixed-use and all types of commercial properties, Drucker + Falk partners with clients on developing new properties, renovating and repositioning assets, converting historic properties to unique, upscale apartment homes and offers commercial leasing and sales services. For more information visit druckerandfalk.com.