PHILADELPHIA, PA - GoldOller Real Estate Investments announced the acquisition of the 208-unit Pierpoint Apartment Homes and the 170-unit The Groves in Port Orange, FL. With these latest acquisitions, GoldOller now owns and manages more than 1,800 units in nine communities in Florida. Both Pierpoint Apartment Homes and The Groves will undergo extensive capital improvements to the clubhouses, landscaping as well as interior renovations.
"We welcome Pierpoint Apartment Homes and The Groves to our growing portfolio in Florida and are thrilled to take over ownership of these exceptional properties," said Richard Oller, Chairman and Co-Founder of Gold Oller. "We have had great success in the Florida market and our residents continually reward us for the quality of our services and communities by choosing a GoldOller community when there are many other options."
Jill Hinton, GoldOller' s VP of Operations, added that GoldOller will immediately introduce its signature GO LIFESTYLE services at the property, which includes complimentary fitness classes, health and nutrition programming and host of resident events. "Our primary objective is making sure our residents feel the love and enjoy every aspect of their magnificent homes while enjoying all of our amenities and sharing in an extraordinary community experience," Hinton said.
About GoldOller: Formed in 2008 by industry veterans Richard Oller and Jeffery Goldstein, GoldOller is an emerging leader in the multi-family housing industry and an innovative owner-operator of apartment communities throughout the United States. GoldOller owns and operates apartment communities in 17 States valued in excess of1.5 billion dollars, containing about 14,000 units.
Multifamily Management Services, a GoldOller affiliate, provides third party management to communities containing about 30,000 units, while other affiliates develop, own, and operate condominium, office, hotel, industrial, and retail assets. GoldOller has corporate offices in Philadelphia and New York City, as well as regional offices located in Kansas City, Atlanta, and Orlando.