CompassRock Real Estate LLC Awarded Management of 13 Apartment Communities in New Markets: Brings CompassRock's Portfolio to 26,000 Apartment Units
DENVER, CO, March 04, 2013 /24-7PressRelease/ -- CompassRock Real Estate has been awarded the management of thirteen apartment communities throughout South Carolina, North Carolina, Georgia, Virginia, and Maryland. Quail Pointe, Hidden Park, and Bradford Groves account for 400 apartment units combined in Spartanburg, SC. In South Carolina, CompassRock now also manages the 308 unit Grove Station community in Greenville, the 100 unit Ashley Chase community in Sumter, and the 96 unit Willow Glen community in Rock Hill.

In North Carolina, CompassRock now manages The Landing, which is a 200 unit community in Durham, as well as the 192 unit North Pointe community in Statesville, and the 160 unit Ridge Pointe community in Conover. In Georgia, CompassRock now manages the 128 unit Merrit Landing Apartments in Brunswick. In Virginia, CompassRock now manages the Class A, 300 unit Residences at Belmont in Fredericksburg, as well as the 102 unit Broad Street community in Richmond. In Maryland, CompassRock now manages The Morgan Apartments, which is a 140 unit Class A community in Bethesda.

"CompassRock's experienced leadership team and regional management teams have successfully transitioned these multifamily assets and established CompassRock's national property management platform in these new markets," said Dave Woodward, CompassRock's president.

"CompassRock is a widely recognized leader in the apartment industry, and our teams look forward to implementing CompassRock's proven technology and systems at these assets," said Boone Atkins, CompassRock's chief administrative officer.

CompassRock is a full service real estate company that provides property management, construction management, receivership, due diligence and other consulting services. As a leading property management operator, CompassRock manages 26,000 apartment units and a growing portfolio of commercial buildings in 15 major markets across the United States. For more information contact Aaron Helfman at ahelfman@CompassRockRealEstate.com or 646-657-2968. Visit www.CompassRockRealEstate.com.

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