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The Habitat Company.


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The Habitat Company Adds More Than 1,000 Rental Units in Tampa

CHICAGO (February 3, 2016) - The Habitat Company, a leading multifamily property developer and manager, announced it has added another 1,019 units to its management portfolio, bringing the company's total number of real estate assets under management to more than 24,000 residences.

Habitat has been selected by Goff Capital Partners as property manager for four individual market-rate properties in Tampa, Fla., and the surrounding area. This marks the second management portfolio Chicago-based The Habitat Company has been awarded by Goff in less than three months. In November 2015, Goff added an additional 3,600 units to Habitat's portfolio with the assignment of seven apartment communities in Birmingham, Ala.  Habitat also serves as property manager for four other Goff properties located in Ann Arbor, Mich. and St. Louis, Mo.

"We've been managing apartments in the Tampa area for more than 3 years, so we're proud to be expanding our footprint, and our management team, in such a desirable market," said Sheila Byrne, executive vice president of property management at The Habitat Company. "And having managed other Goff Capital Partners properties, we certainly understand the company's needs, as well as those of its residents, which will allow us to continue to strengthen our relationship and provide best-in-class property management and the highest level of service."

The four Tampa-area properties are all garden-style communities and include:

 

Unit features across the four Tampa communities vary, but include contemporary kitchens with upgraded countertops, stainless steel appliances and a breakfast bar, plank flooring, fireplace, walk-in closets, full-size washers and dryers, and private screened in balconies and patios.

Select community amenities include a swimming pool with a spa and sun deck, grilling area, fitness center, business center, coffee bar, designer clubhouse, observatory deck and fishing dock, pet park, on-site management and planned social activities.

Celebrating its 45th anniversary in 2016, The Habitat Company is widely known for its commitment to providing excellent service to both owners and community residents. Habitat's property management portfolio spans a wide range of residential property types, including luxury rental apartments; condominiums; affordable, public and senior housing communities. Today, Habitat is one of the largest residential property developers and managers in the United States, with over $3 billion in assets and more than 24,000 units under management in five states.

"For 45 years, The Habitat Company has established deep, long-term relationships and has enjoyed a reputation for providing both our clients and our residents with service that's second-to-none," said Matt Fiascone, president of The Habitat Company. "We look forward to the next 45 years as we continue to expand our portfolio and further our commitment to excellence."

In the coming weeks, residents of these four Tampa communities will have access to the full complement of Habitat's signature service offerings through an online resident portal and Habitat Extras, a program offering various benefits, discounts and loyalty programs.

For leasing information, visit www.habitat.com.


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The Habitat Company Starts Construction of 450-unit luxury high rise in Chicago

CHICAGO (January 12, 2012) - The Habitat Company announced the start of construction of a 43-story, 450-unit luxury high rise in Chicago in a joint venture with Multi-Employer Property Trust (MEPT) and a major institutional investor. This luxury multifamily community will be located at 360 W. Hubbard Street in Chicago's vibrant River North neighborhood, across the street from the iconic East Bank Club. This latest project adds to the more than 17,000 residential units developed by The Habitat Company in its 40 year history. Bentall Kennedy, one of the largest North American real estate advisors, represents its clients, an institutional investor and MEPT, a $5.4 billion real estate equity fund, in the transaction. "We are pleased to begin our latest project which builds on our forty years of experience and understanding of the market to create what we believe will be our finest apartment development," said Daniel Levin, Founder and Chairman of The Habitat Company. The rental residences will be smoke-free and will include top-of-the-market finishes, amenities, and services, including 29,000 square feet of indoor and outdoor amenity space to accommodate year round activities. The development will be seeking LEED Silver certification under the Leadership in Energy and Environmental Design (LEED) system of the U.S. Green Building Council. The project's architect is Solomon, Cordwell, Buenz & Associates which has designed many distinctive residential buildings around Chicago, including The Habitat Company's Kingsbury Plaza development located across the street. The general contractor for the development is James McHugh Construction Company which has built some of the most recognized properties in the Chicago skyline, including many of The Habitat Company's prior projects. "For The Habitat Company, there are many exciting aspects to this development, not the least of which is our partnership with Bentall Kennedy, one of the most respected North American institutional real estate advisors, a major institutional investor and MEPT," said Matt Fiascone, Senior VP of Finance and Investment for The Habitat Company. Upon its completion in late 2013, the development will be managed by The Habitat Company. The Habitat Company currently manages for its own account and for third parties over $2 billion of assets comprised of more than 20,000 residential units of market rate, affordable, condominium, student and public housing units in Illinois and four other states. When combined with its recent acquisition of 480-unit and 360-unit multifamily assets in Ann Arbor, Michigan, The Habitat Company concluded transactions in December having a total value of close to one-quarter of a billion dollars.

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