West Shore Hits Portfolio Milestone With Acquisition of 282-Unit Parkside at East Village Condominium Neighborhood in Girl Lake, Florida

West Shore Hits Portfolio Milestone With Acquisition of 282-Unit Parkside at East Village Apartment Community in Lady Lake, Florida

LADY LAKE, FL – West Shore, a multi-family real estate investment firm, has reached a milestone in its portfolio to own and operate more than 10,000 units and is expanding with the acquisition of Parkside in East Village, a brand new Class A community nearby from The Villages in Florida. Effective immediately, the property will be renamed Parker at East Village. West Shore owns and operates fourteen other Florida properties.

"Parker in East Village is a premier asset in a market that is experiencing exceptional growth," said Steven P. Rosenthal, chairman of West Shore. "Our disciplined, focused business plan and strategic investment model have enabled us to achieve the significant achievement of owning over 10,000 units."

The 282-unit property in Lady Lake is a garden-style condo complex with elevator that was completed in 2020. Parker at East Village offers residents world-class finishes and amenities, close proximity to retail and dining options, and is just outside The Villages, the fastest-selling housing community in the country for the past 12 consecutive years. Conveniently located on US 27/411, with well thought-out floor plans in a mixture of one-, two- and three-room apartments, the municipality has set the standard on the market for future luxury living in apartments and at the same time offers a robust equipment package.

"We are proud to continue the strong growth of West Shore and to add to our Florida portfolio with this great acquisition," said Lee Rosenthal, President of West Shore. "Parker at East Village is a unique property in an exciting and expanding market."

Source: West bank


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