Landmark Properties Completes Record-Breaking Year with $10.4B Assets Under Management and $4.7B Annual Transaction Volume
ATHENS, Ga., Jan. 9, 2023 /PRNewswire/ -- Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, concludes another milestone year in 2022 with $10.4 billion assets under management and $4.7 billion transaction volume despite economic downturns across real estate markets.
"Despite the challenging capital markets, I'm proud of the way our team has executed on another record year at Landmark," said Landmark President and CEO, Wes Rogers. "By almost every metric, 2022 was the best year we've had as a company, and we're excited about the opportunities ahead in 2023."
The Company's continued growth has solidified Landmark as a leader in real estate development to include:
$10.4 billion of assets under management
$2.7 billion in new programmatic ventures and individual deal capitalizations
$1.9 billion in loan closings
$1.5 billion in construction starts for new development
$0.9 billion in acquisitions and recapitalizations
56,000 beds currently under management, with an additional 6,000 under construction
Nearly 1,300 full- and part-time employees, including almost 250 industry experts working in the Company's corporate offices
104 residential rental communities across the country
About Landmark Properties
Headquartered in Athens, Ga., with an office in Atlanta, Landmark Properties is a fully integrated real estate firm, specializing in the acquisition, development, and management of high-quality residential communities. With more than $10 billion assets under management, Landmark's portfolio includes over 100 residential communities across the country with more than 60,000 beds under management and construction. Additionally, Landmark benefits from an active development pipeline with 20 student and multifamily projects under construction with an estimated value at $3.8 billion. Landmark's mission is to be the leader in development, construction, operations, and investment management of high-quality residential communities, delivering unrivaled service and experience to our residents, partners, and employees. For more information, visit www.landmarkproperties.com.
With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories...
Angeles Investors, a leading investment community dedicated to finding, funding, and growing the most promising Hispanic and Latino startup ventures, proudly announces Guadalupe Rodriguez, Talipot, CIO and 1200VC, Chairman, as the recipient of the...
Calibre Mining Corp. (the "Company" or "Calibre") announces that Mr. Douglas Hurst and Mr. Raymond Threlkeld will not stand for re-election to the Company's board of directors (the "Board") during the June 12, 2024 annual general meeting (the...
Angeles Investors, a leading investment community dedicated to finding, funding, and growing the most promising Hispanic and Latino startup ventures, is excited to announce the unveiling of the top 100 Hispanic or Latino venture startups in the...
The Executive Council of the Arab League Educational, Cultural, and Scientific Organization (ALECSO), chaired by the Kingdom of Saudi Arabia, concluded its sessions on Wednesday, May 15, 2024, in Jeddah....