RKW RESIDENTIAL Expands Portfolio by More Than 1,700 Units, Makes Key Hires to Support Rapid Growth

MIAMI, FL - RKW RESIDENTIAL, a leading multifamily property management company, has continued the momentum from a historic 2018 with the addition of more than 1,700 units to its portfolio. The company was awarded seven new assignments in North Carolina and South Florida.

The new assignments include expanded relationships with existing clients such as Bluerock Real Estate and Greystone Development and a first-time partnership with Crescent Communities.

“In a competitive industry, there is not a bigger vote of confidence in our people than having developers and operators we presently work award us additional management and leasing assignments,” said Marcie Williams, president of RKW. “It is also incredibly gratifying to form new relationships. We look forward to those evolving into long-term partnerships.”

To support the aggressive growth in two core markets, RKW hired three new regional managers.

Nahleena Moore has joined the company’s Charlotte-based team to oversee its vast portfolio in the Carolinas. Julie Chu Zhang is also guiding operations throughout North Carolina, with a specialty in the Triangle and Triad markets.

In Miami, Elizabeth Vaccaro is on board to help guide the South Florida and Jacksonville portfolio of properties.

Moore, Chu Zhang and Vaccaro bring a combined 45 years of experience to RKW.

Inspire SouthPark is one of RKW’s new apartment community assignments. The 369-unit luxury building at 345 Sharon Township Lane in Charlotte’s SouthPark neighborhood was completed in 2018 by development partnership Morgan Bond. Inspire SouthPark is generating significant attention in the market for its array of amenities, including an on-site pet spa, dedicated yoga room, two dog parks and a coworking spaced called “Work Haus.”

The 90-unit Cade Boca Raton apartments is the seventh Bluerock-owned community managed by RKW. Cade is a Class A, townhome-style community located at Broken Sound Parkway and Yamato Road in Boca Raton, Fla.

In Miami, Fla., RKW oversees management and leasing at Greystone’s 14-story, 100-unit Aura Coral Gables. The company has launched pre-leasing at the 1501 SW 37th Ave. community.

Crescent hired RKW to manage Novel Research Park, a 280-unit luxury apartment community at the intersection of West Mallard Creek Church Road and Senator Royall Drive in Charlotte.

Additional new assignments include:

The Pointe at Crabtree, a 336-unit community located at 4800 Waterford Pointe Drive in Raleigh

Stone Ridge Apartments, a 318-unit community at 8940 Camden Creek Lane in Charlotte

Whitehall Estates, a 252-unit community at 2400 Whitehall Estates Drive in Charlotte

In 2018, the Charlotte Business Journal recognized RKW in its annual list of the largest property management companies in the area for the first time in the company’s four-year history.

The company was also recognized by South Florida’s Daily Business Review as the top multifamily property management firm of 2018 in the publication’s annual “Best Of” rankings.

About RKW RESIDENTIAL: RKW RESIDENTIAL is a third-party multifamily property management firm headquartered in Charlotte with a regional office in Miami, Orlando and Raleigh. With 18,000 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 75,000 condo units. For more information, visit www.rkwresidential.com.