| | NEWS IN BRIEF
Hawthorne Residential Partners was formed in March of 2009 and now manages 63 properties consisting of over 13,000 units. Combined with the retailed division, Hawthorne Retail Partners, the Hawthorne Companies manage 76 properties located in 11 states and 36 cities through the southeast, mid-west and Texas. With our team of over 300 employees, Hawthorne is dedicated to serving the needs of our clients, residents and employees and adding value every day. |
| | 11/30/2011 - New Acquisition In late November, a Hawthorne sponsored investor group purchased a 152 unit community located in Rural Hall, North Carolina. |
| | 11/10/2011 - Boone Community Hawthorne assumed management of a 204 unit community in Boone, North Carolina. |
| | 10/25/2011 - Cary Community Hawthorne was appointed manager of a 180 unit community located in Cary, North Carolina. |
| | 10/17/2011 - Atlanta Community Hawthorne assumed management of a112 unit community located in Atlanta, Georgia. |
| | 10/10/2011 - Research Triangle Park Community Hawthorne assumed management of a 152 unit community located in North Raleigh, North Carolina. |
| | 10/5/2011 - 350 Units in Greenville Hawthorne was appointed manager for a 350 unit community in Greenville, South Carolina. |
| | 9/30/2011 - Charleston Acquisition A Hawthorne responsored investor group acquired a 200 unit community located in the West Ashley submarket of Charleston, South Carolina. With this acquistion, Hawthorne now manages five communities in Charleston, and just under 600 units. |
| | 9/8/2011 - Chapel Hill Property A Hawthorne sponsored investor group purchased a 176 unit apartment community in Chapel Hill, North Carolina. |
| | 8/31/2011 - Kernersville Acquisition A Hawthorne sponsored investor group acquired 204 units in Kernersville, North Carolina. |
| | 8/1/2011 - 5 Property Texas Portfolio Hawthorne was appointed manager of a five property Texas portfolio consisting of 182 units in Houston, 240 units in League City, 291 units in Katy, and 371 units in San Antonio. Hawthorne's Texas portfolio now consists of 9 communities and almost 2,000 units. |
| | 7/1/2011 - Charleston Community Hawthorne assumed management of a 115 unit community in Charleston, South Carolina. |
| | 6/29/2011 - Wilmington Acquisition & Development A Hawthorne sponsored investor group closed on the acquisition of a 48 unit community located in Wilmington, North Carolina. Construction is underway to add a clubhouse and additional units. When construction is completed in late 2011, the property will consist of 204 units with a class A amenity package. The property was renamed Hawthorne at Murrayville. |
| | 5/29/2011 - Burlington Acquisition A Hawthorne sponsored investor group purchased a 234 unit community in Burlington, North Carolina. The property was renamed Hawthorne at Forestdale. |
| | 5/26/2011 - Greenville Acquisition A Hawthorne sponsored investor group purchased 168 units in Greenville, South Carolina. |
| | 5/9/2011 - Growth in the Chattanooga Market A Hawthorne sponsored group purchased a 263 unit property in Chattanooga, Tennessee. This acquistiion increases Hawthorne's presence in the Chattanooga marketplace to five communities and over 1,000 units. |
| | 4/29/2011 - Acquisition in Boone A Hawthorne sponsored investor group acquired a 192 (576) student community located in Boone, North Carolina. |
| | 4/4/2011 - 296 units in Charlotte, NC Hawthorne assumed management of a 296 unit Class A property located in Charlotte, North Carolina. |
| | 3/16/2011 - Charlotte, NC Hawthorne was appointed manager of 309 class A units located in Charlotte, North Carolina. |
| | 2/28/2011 - Georgia Property Hawthorne assumed management of a 136 unit community in Athens, Georgia. |
| | 2/14/2011 - Cary Property Hawthorne was appointed manager of a 248 unit apartment community in Cary, North Carolina. |
| | 2/1/2011 - Durham Property Hawthorne assumed management of a 59 unit apartment community in Durham, North Carolina. |
| | 2/1/2011 - 3 Property Portfolio Added Hawthorne assumed management of a three property portfolio consisting of 363 units in Houston, Texas, 288 units in Indianapolis, Indiana, and 96 units in Charleston, South Carolina. |
| | 2/1/2011 - 7 Property Portfolio Added Hawthorne Residential Partners assumed management of a 7 property (1,239 unit) portfolio. The portfolio includes four student communities located in Boone and Cullowhee, North Carolina, and Morgantown, West Virginia as well as properties in Wilmington, Raleigh and Winston-Salem, North Carolina. |
| | 1/31/2011 - Houston, Texas Hawthorne Residential was appointed manager for a 144 unit community located in Houston, Texas. |
| | 1/3/2011 - Greensboro, NC Hawthorne was named property manager for a lease up community Greensboro, North Carolina. When fully built, this community will consist of 128 units. |
| | 12/21/2010 - Charlotte, NC Hawthorne assumed management for a 202 unit community in Charlotte, North Carolina. |
| | 12/15/2010 - 120 Units in Chattanooga Hawthorne was named property manager for a 120 unit community located in Chattanooga, Tennessee. |
| | 11/16/2010 - 240 Units in Columbia, SCHawthorne became manager of a 240 unit community in Columbia, South Carolina.
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| | 11/12/2010 - Greensboro, NC Hawthorne was named property manager for a 36 unit apartment community in Greensboro, North Carolina. |
| | 11/2/2010 - 259 Units Hawthorne took over management of a 259 unit community in Buford, GA. |
| | 11/1/2010 - Triangle, North Carolina Hawthorne Residential Partners was named property manager for a 192 unit community located in Raleigh, North Carolina. |
| | 10/25/2010 - Tennessee Property Hawthorne assumed management for a 208 unit community in Oak Ridge, Tennessee. |
| | 10/2/2010 - Atlanta Area Growth Hawthorne was appointed manager for a 181 Unit community located in Chamblee, GA. |
| | 10/1/2010 - 200 Units in Greensboro Hawthorne Residential was named property manager for a 200 unit community in Greensboro, North Carolina. Hawthorne’s management presence in the Triad is now in excess of 1,600 units. |
| | 9/30/2010 - Greensboro Addition A Hawthorne Residential sponsored joint venture acquired a 192 class A unit property located in northwest Greensboro, North Carolina. |
| | 9/20/2010 - New Property Assignment in Texas Hawthorne took over management of a 164 unit, Class A Apartment property located in New Braunfels, TX. This community marks Hawthorne’s second property in an expanding Texas portfolio. |
| | 9/8/2010 - Chattanooga Community Hawthorne took over management of a 226 Unit community located in Chattanooga, TN |
| | 9/3/2010 - NC Communities Hawthorne was named manager for a two community portfolio. The properties are 172 units located in Holly Springs, NC and a 220 unit Class A community located in Burlington, North Carolina. |
| | 9/1/2010 - 240 Units Added Hawthorne Residential Partners was awarded management of a 240 unit community Augusta, Georgia. |
| | 7/20/2010 - Continued GrowthHawthorne has taken over management for a 240 unit community located in Athens, GA. Following this appointment, Hawthorne now manages a portfolio in excess of 6,500 units located in 19 cities and 8 states throughout the southeast and Texas. |
| | 6/30/2010 -Welcome to Texas! Hawthorne has been rewarded management for our first community (164 units) in Austin, Texas. |
| | 6/9/2010 - Second Memphis Community Hawthorne was awarded management of a 191 unit community in Memphis, Tennessee. |
| | 5/20/2010 - Charlotte Community added to Portfolio Hawthorne has been appointed manager, a 267 unit community in Charlotte, NC. |
| | 4/23/2010 - Austell Georgia Community In mid April, Hawthorne was appointed property manager for a 267 unit community in Austell, Georgia. |
| | 3/31/2010 - Acquisition in Chattanooga A Hawthorne sponsored ownership group, in joint venture with Bluerock Real Estate, closed on the 192 unit Reserve at Creekside Apartments in Chattanooga, TN. |
| | 3/29/2010 - Additional Community in Durham, NC In late March, 2010 Hawthorne was awarded management for a 256 unit community in Durham, NC. |
| | 3/23/2010- Hawthorne Makes Acquisition in Durham, NC |
| | 3/22/2010 - Winston-Salem Community added Hawthorne has been appointed manager for an apartment community in Winston-Salem, NC. |
| | 2/23/2010 - Hawthorne Gains Management in Georgia Hawthorne was appointed manager of a 118 unit community in Riverdale, Georgia. |
| | 2/20/2010 - Chattanooga Portfolio In mid-February, Hawthorne Residential was awarded management of two communities totaling 417 units in Chattanooga, TN. |
| | 01/29/2010 - Hawthorne Named as Manager of 309 Units Hawthorne is pleased to announce it has been appointed manager for a lender servicer of a 309 unit community in Charlotte, North Carolina.
Following this appointment, Hawthorne Residential now has over 4,200 units under management.
Contact: Ed Harrington – (704)-333-1512 |
| | 12/01/2009 - Hawthorne Closes First Portfolio AcquisitionHawthorne Companies/Hawthorne Residential Partners closed on its first multifamily portfolio at a purchase price of approximately $50 million dollars.
On November 12, Hawthorne closed on the first property, The Ashford Apartment community in Atlanta, Georgia, and then on December 3, closed on Springhouse Apartments in Newport News, Virginia.
The Ashford is 221 class A units, located on Ashford Dunwoody Road, between Buckhead and the Perimeter Center submarket of Atlanta. Springhouse consists of 432 units, well-located on the Jefferson Avenue commercial corridor and I-64 that connects Newport News to Norfolk/Virginia Beach.
Following these two closings, the Hawthorne portfolio has grown to over 3,700 units under management in 14 cities and 7 states.
Contact: Ed Harrington – (704)-333-1512
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| | 10/01/2009 - 236 Units Added to PortfolioHawthorne is pleased to announce it has been appointed manager for a lender servicer of a 236 unit community in Atlanta, GA.
Contact: Ed Harrington – (704)-333-1512 |
| | 10/01/2009 - North Carolina Portfolio GrowthHawthorne has been hired by a third-party owner to manage two North Carolina communities in Greensboro and Durham. The addition of these 388 units brings the Hawthorne portfolio to 2,826 units.
Contact: Ed Harrington – (704)-333-1512 |
| | 08/01/2009 - New Greensboro Property Under ManagementHawthorne is pleased to announce it has been appointed third-party manager for a 607 unit community in Greensboro, NC.
Contact: Ed Harrington – (704)-333-1512 |
| | 06/01/2009 - Third Party Portfolio Adds Four New CommunitiesHawthorne Residential was appointed property manager for four apartment properties. These communities are located in Tampa, FL, Memphis, TN, Indianapolis, IN and Charlotte, NC. With the addition of these 918 units, Hawthorne now manages a portfolio of over 1,800 units.
Contact: Ed Harrington – (704)-333-1512
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| | 06/01/2009 - UNITS Magazine Interviews Harrington |
| | 05/01/2009 - Hawthorne Featured in UNITS Magazine |
| | 05/01/2009 - Hawthorne Named As Manager of Three PropertiesHawthorne Residential assumes management of three communities, consisting of 536 units, located in Greensboro, Fayetteville and Cary, North Carolina.
Contact: Ed Harrington – (704)-333-1512
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| | 03/01/2009 - Hawthorne Announces New Company FormationEd Harrington, former President of Steven D. Bell & Company, Samantha Davenport, former Chief Operating Officer of Steven D. Bell & Company, and Shoffner Allison, Principal of Charlotte based Hawthorne Retail Partners have formed The Hawthorne Companies.
Harrington and Davenport departed from Steven D. Bell & Company after 15+ years where they were an integral part of growing Bell’s portfolio from $700 million to $6 billion with 230 properties located in 115 cities (58,000 apartments, 2,500 senior living, 5 million SF retail).
The Hawthorne Companies manages and invests in apartments and shopping centers throughout the Southeast for third party clients, institutional investors and private investment groups. The Company’s two operating divisions consist of the existing Hawthorne Retail Partners, founded in 2005, and the newly formed Hawthorne Residential Partners.
“We feel this is an opportune time to launch The Hawthorne Companies,” Harrington says. “In challenging economic climates, owners and investors recognize the importance of having an experienced operating team with a proven track record and a superior platform.”
Contact: Ed Harrington – (704)-333-1512 |
