Tagged: savannah real estate

Kole Management Sells Apartment Portfolio, Focuses Solely on Property Management

Kole Management Sells Apartment Portfolio, Focuses Solely on Property Management

(Savannah, GA) Savannah-based Kole Management Co. is in the process of selling its portfolio of 13 apartment communities in two states to transition exclusively into property management. In its new form, the company will retain management of eleven of those properties.

“We have decided to devote all our time and expertise to third-party management and look forward to providing the same boutique, quality service to our clients and residents as we did when we were owner/operators,” said Kole ManagementCOO Khrista Villegas.

Kole Managementput its multifamily portfolio on the market in November, and all of its properties are under contract with closing expected in April and May. That portfolio consists of seven properties in Savannah, three in Macon and one each in Augusta and Canton, Georgia, and Charlotte, North Carolina.

”A number of factors, including historically low cap rates and broad investor interest in smaller market assets, came together to convince us that it was a good time to consider selling our portfolio,” said Kole Management Co.President, Jeff Kole. “Until recently, we had little interest in selling and were, in fact, building a robust and highly capable management company to oversee properties for ourselves and third parties. This sale provides us the opportunity to focus exclusively on offering boutique yet sophisticated property management for a wide range of apartments – from lease-ups to workforce housing – across the Southeast.”

The company expects to grow its multifamily property management portfolio with expansion into North Carolina and Florida, as well as additional properties in Macon. Details of those arrangements, as well as, the new positions brought on to support this growth, will be announced in the near future.

Kole Management company logo

ABOUT KOLE MANAGEMENT COMPANY
Family owned since 1991, Kole Managementwas founded by Donald Kole, the former owner of the Builderama home supply store chain. In 1994, Donald’s son, Jeff Kole, joined KMCand currently serves as president. What started as a small investment firm based in Savannah, Georgia, is now a rapidly growing third-party management enterprise, overseeing apartment communities throughout the Southeast. In addition to that, KMChas four warehouse distribution facilities equaling approximately 600,000 square feet. For more information on Kole Management, visit Kolemc.com.

MEDIA CONTACT
Marjorie Young
Carriage Trade Public Relations®
marjorie@carriagetradepr.com
912.844.9990

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New Downtown Apartments in Savannah Hosts Grand Opening Celebration Benefiting Coastal Pet Rescue

New Downtown Apartments in Savannah Hosts Grand Opening Celebration Benefiting Coastal Pet Rescue

(SAVANNAH, GA) Park + Broad, a new high-end boutique apartment community in the up-and-coming east side of downtown Savannah has selected Kole Management Company(KMC), a Savannah-based real estate management and investment firm, to manage the facility.

A benefit for Coastal Pet Rescue was held during the grand opening celebration and ribbon cutting on Thursday, June 28 at 5:30 p.m. Guests and residents were encouraged to bring pet food donations, and Park + Broadoffered to waive the pet fees for any resident who adopted an animal from Coastal Pet Rescuethis month. The Savannah Area Chamber of Commerce participated.

Park + Broad Grand Opening Benefitting Coastal Pet Rescue with Kole Management

Park + Broad Grand Opening Benefitting Coastal Pet Rescue

Kole Management Company and Coastal Pet Rescue

Kole Management Company Cuts the Ribbon at Park + Broad Grand Opening

The 70-unit property at 1020 E. Broad St. offers one- and two-bedroom apartments with 15 floor plans, all of which maximize natural light. Pet-friendly and located within walking distance of Beasley and Forsyth parks, the units feature 12-foot ceilings, quartz countertops, stainless steel Frigidaire Gallery appliances and in-unit washer/dryers.

The community includes free gated off-street parking, a 24-hour fitness center, a saltwater pool area that includes a cabana with a fire pit and gas grills, a package locker system, available storage lockers and a bicycle storage and repair room.

Park + Broad truly has it all,” said KMC President Jeff Kole. “State-of-the-art amenities and conveniences, off-street parking and location in a redeveloping part of downtown Savannah that’s close to area services, restaurants and entertainment.”

Park + Broad is currently in lease-up and can be viewed at www.parkandbroadapts.com, or tours can be arranged at 912-657-0300. Raleigh-based Chaucer Creek Capital is the primary investor in the property, which was developed by DPJ Residential and built by Choate Construction.

In addition to managing Park + Broad, KMCowns and operates 13 apartment communities in Savannah, Charlotte, Atlanta, Augusta and Macon with a total of about 2,500 units.

ABOUT COASTAL PET RESCUE
Coastal Pet Rescue is a 501©(3) non-profit animal rescue organization dedicated to saving the lives of homeless, abused and neglected dogs and cats in Savannah and surrounding areas. Founded in February 2003, Coastal Pet Rescuechanges the lives of homeless pets in Chatham, Bryan and Effingham Counties through its foster home program and small capacity shelter, Camp Pawsawhile Retreat. For more information on Coastal Pet Rescue, visit coastalpetrescue.org.

ABOUT KOLE MANAGEMENT COMPANY
Kole Management Co. owns and operates eight apartment communities in the Savannah area, one each in Atlanta, Augusta and Charlotte and three in Macon with more than 2,500 total units. Residents of Kole Management apartment communities enjoy many benefits, including the ability to pay rent and request work orders online. The company employs more than 80 maintenance, management and leasing personnel, all of whom are local and able to assist residents with their immediate needs. Kole Management is a family-owned company with a 25-year tradition of owning and operating well-maintained apartment communities. For more information on Kole Management, visit Kolemc.com.

MEDIA CONTACT
Marjorie Young
Carriage Trade Public Relations®
marjorie@carriagetradepr.com
912.844.9990

SERVICE FIRST Real Estate Associates, Coming Soon to Savannah, Held Ribbon Cutting at New Office

(SAVANNAH, GA) The new real estate enterprise launching soon, SERVICE FIRST Real Estate Associates (sfrea™), held a ribbon cutting at their new office, located at 101 West DeRenne Ave. During the grand opening celebration, Dyer and his team collected can food donations for America’s Second Harvest of Coastal Georgia.

Founded by Joe Dyer, sfrea™ will offer residential real estate services to buyers and sellers in the Savannah market. Associates at sfrea™ will serve as buying and selling agents for clients.

As a buyer agent, Dyer’s team will assist the client during the entire purchasing process with sourcing the properties, negotiating the best possible price and with helping the client during the legal process to complete the deal. As a selling agent, sfrea™ associates will evaluate the property for sale and run a comparative market analysis on the home to ensure that the seller has vital information concerning the property listing and pricing points.

Dyer’s wealth of reputable experience before becoming a real estate agent includes being a multi-unit manager, a franchise-operating partner of Checkers, Bojangles and Cold Stone Creamery, and a southeast regional property manager.

For more information, contact Laura Rayno, sfrea™ Office Manager, at 912-661-9649 or email Laura.Rayno@ServiceFirstRealEstateAssociates.com.

ABOUT SERVICE FIRST Real Estate Associates
SERVICE FIRST Real Estate Associates (sfrea™) is a residential real estate enterprise based in Savannah, GA. Founded by business veteran Joe Dyer, sfrea™ focuses on delivering only the highest levels of service to its clients, treating each as though they are very close friends and family. The initial office is located at 101 West DeRenne Avenue, Savannah, GA 31406. For more information, call 912-661-9649.

CONTACT
Laura Rayno
Office Manager
SERVICE FIRST Real Estate Associates
912-661-9649

Laura.Rayno@ServiceFirstRealEstateAssociates.com

MEDIA CONTACT
Marjorie Young
Carriage Trade PR, Inc.
912.844.9990
marjorie@carriagetradepr.com

Cecilia Russo
Cecilia Russo Marketing, LLC
912.665.0005

info@crussomarketing.com

Real Estate Enterprise, SERVICE FIRST Real Estate Associates, Launches in Savannah and Cuts Ribbon at New Office

(SAVANNAH, GA) A new real estate enterprise, SERVICE FIRST Real Estate Associates (sfrea™), was recently launched in the Savannah area. Founded by Joe Dyer, former franchisee of Checkers, Bojangles and Cold Stone Creamery, sfrea™ will focus on residential real estate services.

A ribbon cutting and grand opening celebration will be held at their first office at 101 West DeRenne Ave. On Thursday, May 12, there will be an invitation only event from 5 p.m. to 7 p.m., with ribbon cutting ceremony at 5:30. Their public grand opening will be Saturday, May 14 from 10 a.m. to 4 p.m., with prize drawings being held at the close. During the grand opening celebration, Dyer will be collecting donations for Second Harvest Food Bank.

Associates at sfrea™ will serve as buying and listing agents for clients. As a buyer’s agent, sfrea™ associates will assist the client during the entire purchasing process with sourcing the properties, negotiating the best possible price, financing and insurance coverages, as well as helping the client during the legal process to complete their home purchase. As a listing agent, sfrea™ associates will evaluate the property and perform an intensive comparative market analysis on the home to ensure that the seller has vital information concerning the property listing and pricing points.

“With SERVICE FIRST we will be setting the tone for customer-pleasing service not seen before. Ecstatic buyers and sellers are what we are all about. We will also focus on helping first time home buyers achieve the American dream of home ownership. Part of our service will be item-by-item consumer assistance, leaving no leaf unturned that might benefit one of our clients,” said Dyer. “In all regards we will live by the Golden Rule, and treat each and every client as family.”

Dyer’s wealth of life and business experience before becoming a real estate agent includes being a multi-unit restaurant manager, a franchise-operating partner, and a southeast regional property manager for a major restaurant chain, as well as preparatory experiences in construction and of all types of insurances, as evidenced by recently saving one family over $10,000 annually on their home owners insurance package.

Dyer will be assembling a team of like-minded, service-oriented professionals, believing that service to others is the ultimate client-pleasing way of building and conducting a successful enterprise.

For more information about the grand opening celebrations, contact Joe Dyer at 912-598-6150, or Laura Rayno, sfrea™ Office Manager, at 912-661-9649 or email Laura.Rayno@ServiceFirstRealEstateAssociates.com.

ABOUT SERVICE FIRST Real Estate Associates
SERVICE FIRST Real Estate Associates (sfrea™) is a residential real estate enterprise based in Savannah, GA. Founded by business veteran Joe Dyer, sfrea™ focuses on delivering only the highest levels of service to its clients, treating each as though they are very close friends and family. The initial office is located at 101 West DeRenne Avenue, Savannah, GA 31406. For more information, call 912-598-6150.

CONTACTS:
Joe Dyer
Realtor and Principal
SERVICE FIRST Real Estate Associates
912-598-6150
joe.dyer@ServiceFirstRealEstateAssociates.com

Laura Rayno
Office Manager
SERVICE FIRST Real Estate Associates
912-661-9649

Laura.Rayno@ServiceFirstRealEstateAssociates.com

MEDIA CONTACT:
Marjorie Young
Carriage Trade PR, Inc.
912.844.9990
marjorie@carriagetradepr.com

Cecilia Russo
Cecilia Russo Marketing, LLC
912.665.0005

info@crussomarketing.com

Joe Dyer%2C SERVICE FIRST Real Estate Services

Joe Dyer, SERVICE FIRST Real Estate Services

A New Real Estate Enterprise, SERVICE FIRST Real Estate Associates, Opens in Savannah

(SAVANNAH, GA) A new real estate enterprise, SERVICE FIRST Real Estate Associates (sfrea™), was recently launched in the Savannah area. Founded by Joe Dyer, former franchisee of Checkers, Bojangles and Cold Stone Creamery, sfrea™ will focus on residential real estate services.

“With SERVICE FIRST we will be setting the tone for customer-pleasing service not seen before. Ecstatic Buyers and Sellers are what we are all about. We will also focus on helping First Time Home Buyers achieve the American Dream of Home Ownership. Part of our service will be item-by-item consumer assistance, leaving no leaf unturned that might benefit one of our clients,” said Dyer.

Dyer’s wealth of reputable experience before becoming a real estate agent includes being a multi-unit manager, a franchise-operating partner, and a southeast regional property manager for a major restaurant chain, as well as preparation experiences in the world of all types of insurances, as evidenced by recently saving one family over $10,000 annually on their home owners insurance package.

Dyer will be assembling a team of like-minded, service-oriented professionals, believing that service to others is the ultimate client-pleasing way of building and conducting a successful enterprise.

For more information about the grand opening celebration, contact Laura Rayno, sfrea™ Office Manager, at 912-661-9649 or email Laura.Rayno@ServiceFirstRealEstateAssociates.com.

ABOUT SERVICE FIRST Real Estate Associates
SERVICE FIRST Real Estate Associates (sfrea™) is a residential real estate enterprise based in Savannah, GA. Founded by business veteran Joe Dyer, sfrea™focuses on delivering only the highest levels of service to its clients, treating each as though they are very close friends and family. The initial office is located at 101 West DeRenne Avenue, Savannah, GA 31406. For more information, call 912-661-9649.

CONTACT
Laura Rayno
Office Manager
SERVICE FIRST Real Estate Associates
912-661-9649

Laura.Rayno@ServiceFirstRealEstateAssociates.com

MEDIA CONTACT
Marjorie Young
Carriage Trade PR, Inc.
912.844.9990
marjorie@carriagetradepr.com

Cecilia Russo
Cecilia Russo Marketing, LLC
912.665.0005

info@crussomarketing.com

Joe Dyer%2C SERVICE FIRST Real Estate Services

Joe Dyer, SERVICE FIRST Real Estate Services

Kole Management Acquires Ashton of Richmond Hill

Kole Management Acquires Ashton of Richmond Hill
Apartment Management Firm Now Owns 10 Apartment Communities in the Southeast

(SAVANNAH, GA / RICHMOND HILL, GA) Kole Management Company has acquired Ashton of Richmond Hill, a 232-unit tax credit community located at 505 Harris Trail Road off of US Highway 17.

The property, built in 1995, has 4 spacious floor plans with washer/dryer connections, private balconies or patios, fully equipped kitchens and walk-in closets in select units. Ashton features an on-site clothes care center, fitness room, swimming pool, tennis court, volleyball court, playground and picnic area with gazebo.

“Ashton of Richmond Hill represents a solid acquisition for Kole Management Company,” said President Jeff Kole. “The apartments are spacious, well maintained and well appointed. Also, the property has a stellar location directly adjacent to highly regarded Richmond Hill High School.”

Ashton represents the 10th apartment community owned and operated by Kole Management Co., which consists of nine properties in Savannah, Garden City, Richmond Hill and the 408-unit The Palms in the West Ashley neighborhood of Charleston. For more information on Ashton of Richmond Hill, visit http://www.ashtonrichmondhill.com

Kole Management Ashton Apartment building in Richmond Hill

Kole Management Ashton Apartment building in Richmond Hill

Kole Management Ashton Apartments in Richmond Hill Exterior

Kole Management Ashton Apartments in Richmond Hill Exterior

Kole Management Ashton Apartments in Richmond Hill Fitness Center

Kole Management Ashton Apartments in Richmond Hill Fitness Center

Kole Management Ashton Apartments in Richmond Hill Kitchen

Kole Management Ashton Apartments in Richmond Hill Kitchen

Kole Management Ashton Apartments in Richmond Hill Pool

Kole Management Ashton Apartments in Richmond Hill Pool

Kole Management Ashton Apartments in Richmond Hill

Kole Management Ashton Apartments in Richmond Hill

Kole Management Ashton Apartments in Richmond Hill

Kole Management Ashton Apartments in Richmond Hill

Kole Management Ashton Apartments Tennis court

Kole Management Ashton Apartments Tennis court

ABOUT KOLE MANAGEMENT
Kole Management Company owns and operates five apartment communities in Savannah, three in Garden City, one in Richmond Hill and one in Charleston, SC. comprising more than 1,800 units. Residents of Kole Management apartment communities enjoy many benefits, including the ability to pay rent and request work orders online. The company employs more than 60 maintenance, management and leasing personnel, all of whom are local and able to assist residents with their immediate needs. In addition to managing the apartment communities, Kole Management owns and operates six warehouse distribution facilities in the Savannah area. For more information on Kole Management, please visit www.apartmentsavannah.com

MEDIA CONTACT
Marjorie Young
Carriage Trade PR
marjorie@carriagetradepr.com
912.844.9990

Celia Dunn Sotheby’s International Realty Names New Agent

(SAVANNAH, GA) Celia Dunn Sotheby’s International Realty announces that Kendall duToit has joined the company as sales associate. DuToit brings 25 years experience in staging area homes with fine art to the company that serves Savannah and the Low Country communities of Bluffton and Hilton Head Island, SC.

“I love working with people and helping them make their homes warm and inviting,” explained duToit. “When my clients don’t know what they want, I can help them figure it out.”

For the past 15 years, duToit has been well known to Savannahians as proprietor of Bowles Fine Art, which specializes in framing and placing artwork in area homes. Her work with decorators and fine art dealers inspired her to pursue her real estate license. She also received encouragement from long-time friends, Larry and Celia Dunn.

“Kendall has been our neighbor and friend for many years. She feels like family,” said Celia Dunn, managing broker and president of Celia Dunn Sotheby’s International Realty. ”We have also seen how she can transform a property into a stunning success. She is a hard worker and has a great deal to offer clients of the firm.”

A native of Columbus, Ga., duToit moved to Savannah in 1998 after working for a frame shop on Hilton Head Island. She is a graduate of Wesleyan College in Macon, Ga., with a degree in art history. In her leisure time, she enjoys sailing with her husband, Etienne duToit, and having fun with their Jack Russell Terrier, Bubba.

Known for its tradition of integrity, Celia Dunn Sotheby’s International Realty specializes in residential properties in Savannah and the Low Country of Georgia and South Carolina. Founded in 1981, Celia Dunn Sotheby’s International Realty is noted for outstanding service to its clients, thorough knowledge of Savannah and the South Carolina Low Country, and excellent staff, in addition to having one of the region’s top property management departments. The owners are natives of Savannah who have more than 60 years’ combined experience in real estate. The offices are located at 17 West Charlton Street on Madison Square in Savannah and 52 Calhoun St. in Bluffton, S.C.

For more information, call Celia Dunn Sotheby’s International Realty at (912) 234-3323 or visit http://www.celiadunnsir.com. To contact the Bluffton office, call (843) 836-3900.

Celia Dunn Sotheby’s International Realty New Hire, Kendall duToit

Celia Dunn Sotheby’s International Realty New Hire, Kendall duToit

CONTACT
Lori Combs
912-234-3323
Lori.Combs@sothebysrealty.com

MEDIA CONTACT
Marjorie Young
Carriage Trade PR, Inc.
marjorie@carriagetradepr.com
912.844.9990