SOURCE: Lincoln Property Company

Lincoln Property Company

November 19, 2015 05:00 ET

Lincoln Property Company Management of The Henry and The Sheffield SoNo

HERNDON, VA--(Marketwired - Nov 19, 2015) - Lincoln Property Company, the nation's second largest multi-family manager, has been awarded management of The Henry and the Sheffield SoNo in the Northeast. These apartment communities, owned by Spirit Investment Partners, are located in Pomona, New York and Norwalk, Connecticut respectively.

The Henry has undergone several renovations and a full rebrand since 2014, transforming from the community previously known as Avalon Crystal Hill. The Henry now represents the essence of aspirational, modern, and accessible luxury. Changes include a new logo and set of brand standards. According to Spirit Investment Partners, "In an environment of choice, we seek to establish ourselves as a destination for residents. The Henry's focus is on fun, modern, rustic simplicity, combining the beautiful, rural landscape of Rockland County with the convenience and amenities of city living." Unit upgrades have been initiated on site including granite countertops, white cabinets, and stainless steel appliances and fixtures. As of October 5, 2015, 118 of the 169 units have been renovated.

The Sheffield SoNo, formerly known as the Jefferson at 55/77 Water, has been under Lincoln Property Company management since August 24, 2015. This 136-unit, modern, waterfront apartment community is located in the heart of South Norwalk and boasts stainless steel appliance packages, gas stoves, quartz countertops, Nest thermostats, and premium waterfront views. However, additional renovations are on the schedule for 2015, including new carpet, fresh paint, a new clubroom, and an expanded fitness center.

Cadence Champ, Lincoln Property Company's Regional Marketing Director in the Mid-Atlantic stated, "We're excited to bring our 50 years of industry knowledge and experience to these communities, not only upholding their own brand standards, but upholding Lincoln's management standards. Lincoln is unique in that we can pull from our large set of national resources while still maintaining the personalized attention of a boutique management firm. We're looking forward to a bright future with The Henry and The Sheffield SoNo."

About Lincoln Property Company

Lincoln Property Company was founded in 1965 as a builder and operator of high-quality residential communities. In the early 1970's, Lincoln expanded its product mix to include commercial, build-to-suit, office, hotel, industrial, and other mixed-use assets. In 1972, Lincoln took this expertise within the United States to Western Europe and the Middle East.

In 2001, Lincoln joined forces with the U.S. Department of Defense to renovate and redevelop family housing at selected bases for the Navy, the Marine Corps, and the Army. Through innovative management, property rehabilitation and award-winning new construction designs, Lincoln is now one of the largest operators of military housing in the country. Lincoln continued its growth in 2013 with the acquisition of Grand Campus Living, increasing the depth of knowledge in the rental housing sector for the firm.

Headquartered in Dallas, TX, Lincoln focuses on real estate investment, construction and development, in addition to property management. Their national reputation has enabled Lincoln to attract a large client base of owners and investors who count on their ability to deliver quality results and continually serve as a market leader.

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