March 04, 2015 7:48 AM ET

Household Durables

Company Overview of Wood Partners, L.L.C

Company Overview

Wood Partners, L.L.C, doing business as Alta Pacific, LLC, engages in the development and construction of multifamily and mixed-use residential communities in the United States. It deals with property management, asset management, and acquisitions. The company was founded in 1998 and is headquartered in Atlanta, Georgia with additional offices in Atlanta, Baltimore, Boston, Charlotte, Dallas, Delray Beach, Denver, Houston, New York, Irvine, Orlando, Phoenix, Raleigh-Durham, San Francisco, Seattle, and Washington, D.C.

3715 Northside Parkway NW

Suite 4-600

Atlanta, GA 30327

United States

Founded in 1998

Phone:

404-965-9965

Fax:

404-965-9982

Key Executives for Wood Partners, L.L.C

Chief Executive Officer and Director
President and Director
Co-Founder and Director
Chief Operating Officer, General Counsel, Director and Member of Investment Committee
Senior Vice President of Wood Residential Services (WRSs) Property Management Division
Age: 60
Compensation as of Fiscal Year 2014.

Wood Partners, L.L.C Key Developments

Wood Partners Breaks Ground on 224-Unit Multifamily Development in Coveted Andover

Wood Partners, LLC has broken ground on a 224-unit mixed-income rental community with 56 affordable units on the former site of the Rolling Green Golf Course in the highly desirable city of Andover. Leasing is expected to begin in April 2016, and construction is expected to be complete in July 2016. The residential buildings will include 134 one-bedroom units, 70 two-bedroom units and 20 three-bedroom units, 56 of which will be available to and restricted for occupancy by households whose income does not exceed 80% of the area median income.

Wood Partners, LLC and American Realty Advisors Acquire 350-Unit Multifamily Community in Phoenix's Camelback

Wood Partners, LLC in partnership with American Realty Advisors has acquired Pinnacle Towne Centre, an existing 350-unit multifamily community at 1601 E. Highland Avenue in Phoenix's Camelback East submarket, and plans to renovate the property into an upscale townhome community named Altera Highland.

Wood Partners Seeks Acquisitions

Jane Maushardt, Senior Vice President of acquisitions for Wood Partners, L.L.C said Altera Highlands is part of Wood Partners' strategy of acquiring and renovating well-located assets in growing markets. "We hope the addition of Altera Highlands sets the stage for several planned acquisitions for Wood Partners in 2015, as we continue to identify compelling acquisition opportunities in our home markets," Maushardt said.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 5, 2015
Pinnacle Towne Centre
Merger/Acquisition
December 29, 2014
Alta Harvest Station
Merger/Acquisition
December 16, 2014
256- Unit Alta Heights Apartments at 145 Heights Blvd.
 

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