RIVERGATE KW RESIDENTIAL Enters Tennessee Market with Addition of The Residence at Old Hickory Lake

OLD HICKORY, TN - RIVERGATE KW RESIDENTIAL, a leading multifamily property management company, has successfully expanded into Tennessee with the assignment of waterfront community The Residence at Old Hickory Lake near Nashville. The company officially took over management of the 116-unit luxury community on Oct. 1.

RKW’s vast portfolio now spans seven states. In the last 18 months, the company grew its geographic footprint to include Georgia, Virginia and Missouri to complement Florida, North Carolina and South Carolina.

Arnold Companies of Columbia, S.C. is the developer and owner of The Residence at Old Hickory Lake. With this addition, RKW now manages five apartment communities for the company.

“Adding this stunning community to our portfolio and having the opportunity to service residents in Tennessee are highlights in what has been an extraordinary year of growth for our company,” said Marcie Williams, president of RKW. “It is a privilege to expand our partnership with Arnold Companies. They are visionaries when it comes to developing unique communities that cater to a waterfront lifestyle.”

The Residence at Old Hickory Lake embodies the “Eat.Boat.Live.” concept that Arnold Companies incorporates into its communities. It is positioned on the banks of Old Hickory Lake, neighboring marinas and the Sam’s Sports Grill restaurant – a popular spot that can be accessed from the water.

One, two and three-bedroom apartments at the community have lake views and feature kitchens with chef’s islands, energy efficient stainless steel appliances and modern designer flooring. Community amenities include a salt water pool, fitness center, internet café, grilling stations and a fire pit for social gatherings.

“The Residence at Old Hickory Lake is a signature asset in our portfolio,” said Arnold Companies CEO Ben Arnold. “We know this one-of-a-kind community is in capable hands with the team at RKW, which provides impeccable service to our residents.”

Other Arnold Companies communities managed by RKW include:

The Palms on Main in Columbia, S.C.

The Residence at Marina Bay in Irmo, S.C.

The Residence at Tailrace Marina in Mount Holly, N.C.

Vista Lofts in Columbia, S.C.

For more information about the Residence at Old Hickory Lake, visit www.residenceatoldhickorylake.com

About RIVERGATE KW RESIDENTIAL: RIVERGATE KW RESIDENTIAL is a third-party multifamily property management firm headquartered in Charlotte with a regional office in Miami, and satellite offices throughout the Southeast. With 13,000 multifamily units under management and a growing footprint spanning seven states, RKW delivers expertise in multifamily management through its technology, marketing and customer experience platforms. The firm’s principals have extensive experience in multifamily investments and property management including acquisitions/dispositions, developments, lease-ups, stabilized and value-add assets. RKW is built on the foundation of its People First Philosophy, which prioritizes client relationships, employee satisfaction, and top tier customer service for our residents. Through this, the firm delivers on its brand promise of “Expert People. Exceptional Places” to enhance property values and achieve success. RKW was formed out of the partnership of Rivergate Companies, a private real estate investment firm, and KW PROPERTY MANAGEMENT, one of the largest condo management companies in Florida representing more than 70,000 condo units. For more information, visit www.rkwresidential.com.