Redwood Living, Inc. announces portfolio milestone: 15,000 apartment homes

Redwood Living, Inc. • January 3, 2023

Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc., announces significant growth for its portfolio – the company has now developed and manages a total of 15,000 apartment homes.  

 

“Each time we open a Redwood Neighborhood is a celebration, and the significance of each and every one is never lost on me or our team,” said Steve Kimmelman, CEO of Redwood. “But today we look at the bigger picture and take pride in this remarkable milestone for our brand. After more than 20 years of development we have stayed incredibly true to our mission and to the consistency and quality of our product and service. It’s that level of commitment that got us to 15,000 and it will continue to carry us well into the future.”

 

Redwood reached the 15,000-unit mark at the close of 2022 thanks to remarkable growth and expansion throughout the year. Here is a look at the most recent additions that contributed to this milestone:

 

Ohio

Redwood Avon Lake: Phase II expansion

Redwood Batavia Tealtown Road: New neighborhood
Redwood Copley Heritage Woods Drive: New neighborhood
Redwood Fairborn: Phase III expansion

Redwood Kent Tallmadge Road: New neighborhood
Redwood Marysville SR 4: New neighborhood
Redwood Medina Lafayette Township: New neighborhood

Michigan

Redwood Holt: Phase II expansion

Redwood Rochester Hills: New neighborhood

Redwood Southgate Allen Road: Phase II expansion

Redwood Texas Township: Phase II expansion

 

North Carolina

Redwood Charlotte Ridge Road: New neighborhood

Redwood Monroe: New neighborhood

Iowa

Redwood Waukee Hickman Road: New neighborhood

 

Illinois

Redwood Lockport: New neighborhood

 

Spanning eight states, including Ohio, Michigan, Indiana, Illinois, Kentucky, Iowa, North Carolina and South Carolina, rental homes by Redwood include the brand’s signature single-story layout, two bedrooms, two bathrooms and attached garages. Residents also enjoy that their apartment home comes with its own private entrance and dedicated street address.

 

Some additional amenities and Redwood Advantages that make a Redwood apartment feel like home, include spacious eat-in kitchens, large pantries, open floor plans, large closets, washer and dryer hookups, vaulted ceilings, personal patios, pet-friendly accommodations, bonus living space and much more.

Redwood recently announced expansion into its ninth state (Nebraska) and is currently under construction with the first Redwood Neighborhood in the greater Omaha area. Looking ahead to 2023, Redwood’s plans call for continued growth, with the addition of new apartment homes in existing and new suburban markets.


Interested in an investment into one of our upcoming projects? Contact our team to get started.


Redwood Living Inc BTR Tenant Survey Flooring and storage
By Redwood Living, Inc. November 27, 2024
Ample storage and quality flooring are among the amenities build-to-rent tenants are seeking most as they decide where to live. Storage is a particular pain point, especially in horizontal apartments, according to the 2024 Build-to-Rent Tenant Survey.
More build-to-rent tenants say they rent because they want to
By Redwood Living, Inc. October 25, 2024
An increased number of build-to-rent tenants say they’re renting by choice, according to the 2024 Build-to-Rent Tenant Survey.
Midway through 2024, Redwood reports strong results
By Redwood Living, Inc. August 15, 2024
Redwood reports out on its success thus far in 2024, with an outlook on the rest of the year.
Amid market fluctuation, multifamily can remain key investment strategy
By Redwood Living, Inc. August 9, 2024
The CBRE 2024 Global Multifamily Investor Intentions Survey found that among all major real estate sectors, “multifamily remained the top acquisition target this year."
2024 NAA Top Employer
By Redwood Living, Inc. June 11, 2024
The results are in – Redwood has been named a 2024 NAA Top Employer by the National Apartment Association, adding to its list of national accolades that recognize outstanding company culture.
Pet friendliness is a heavy draw in build-to-rent communities
By Redwood Living, Inc. May 9, 2024
As many as two-thirds of residents say pet friendliness is a very important part of their housing decision. Find out what else the survey discovered.
Why they lease: Build-to-rent tenants cite location as their top decision driver
By Redwood Living, Inc. April 15, 2024
Part4 of the BTR Tenant Survey results, by the New Home Trends Institute, talks about location as a factor influencing tenant home choice.
BTR Tenant Survey highlights importance of on-site maintenance
By Redwood Living, Inc. April 2, 2024
Part 3 of the BTR Tenant Survey results, by the New Home Trends Institute, highlighting maintenance importance to renters.
In transition: Build-to-rent communities attract residents on the move
By Redwood Living, Inc. March 1, 2024
Part 2 of the BTR Tenant Survey results, by the New Home Trends Institute, part of John Burns Research & Consulting.
The affluence effect: Build-to-rent tenants reflect higher incomes, former homeownership
By Redwood Living, Inc. February 16, 2024
Read how income and past homeownership plays into who rents in BTR. Data is part of a 2023 survey for the New Home Trends Institute, part of John Burns Research & Consulting, which Redwood Living, Inc. participated in along with several others in the industry.
More Posts
Share by: