Rhapsody Announces the Preleasing of The Hendrix

EDMONTON, AB--(Marketwired - September 06, 2016) - Rhapsody Property Management Services ("Rhapsody"), Canada's premiere, third-party multifamily management firm, is pleased to announce the preleasing of The Hendrix, a 30 floor LEED-certified luxury high-rise with 260 units just west of the Edmonton Central Business District.

Located at 9733 111^th Street NW, the development resides in Edmonton's historic Oliver neighborhood and will be one of Edmonton's first purpose-built rental buildings to hit the market in several decades. Developed by Edgar Development, The Hendrix is set to begin preleasing in the coming weeks and is expected to open in fall 2016.

Edgar Developments Vice President, Henry Edgar, explains that the vision behind this pet-friendly community is to attract residents who want to live a socially active lifestyle. "We have received an overwhelming response from individuals and families who seek the live, work, play environment. The Hendrix definitely delivers and has a wow factor that the Edmonton market desperately needs."

The Hendrix offers studio, one- and two-bedroom floorplans along with 12 two-story town homes on the street level. This amenity loaded project features breathtaking panoramic views of downtown Edmonton and the River Valley, a state-of-the-art fitness facility, 30^th floor rooftop resident lounge with a patio, Urban Café lounge, movie theatre, key controlled access, underground secure parking, a Parcel Pending package management system in the main lobby as well as on-site management and 24-hour customer service.

"A property of this caliber attracts residents who demand a very high attention to detail," explains Rhapsody Senior Vice President Rob Martin. "Rhapsody is uniquely qualified to manage these upscale rental communities and we pride ourselves in delivering the highest level of customer service in order to create a luxury living experience to the point where residents can't imagine living anywhere else."

The Hendrix is situated in the heart of the Oliver neighborhood and offers convenient access to the downtown core via the Grandin LRT station, fine dining and shopping on Jasper Avenue, the University of Alberta, the Alberta Legislative building and the River Valley Parks.

For more information about leasing an apartment home at The Hendrix and to arrange a tour visit www.hendrixliving.com

About Rhapsody Property Management Services

Rhapsody Property Management Services ("Rhapsody") is a joint venture between PPMS Holding Corp., a Pinnacle Company, and a leading Canadian real estate investor (www.rhapsodyliving.ca). The company operates as a division of Pinnacle, which is a privately held national real estate provider specializing in third party management of multifamily residential communities in the United States. As one of the nation's preferred third-party managers, Pinnacle's portfolio includes approximately 147,000 residential units and 2.1 million square feet of commercial assets. With the Corporate headquarters located in Dallas, Texas, Pinnacle has over 3,500 employees located in 26 states. For more information, visit www.pinnacleliving.com.

About the Developer -- Edgar Development

Located in Vancouver, British Columbia, Edgar Development is a real estate development firm with a focus on creating innovative residential and commercial developments across Western Canada. With a pipeline of new purpose-built rental projects, including The Duke in Vancouver and The MacLaren in Edmonton, the vision of Edgar Development is to become the apartment builder of choice among renters seeking exceptional quality, inspired amenities and engaging communities -- all at an unmatched value.

The Edgar philosophy is to encourage dynamic urban revitalization through vibrant and modern mixed-use communities, sustainable green living and cutting-edge environmental technologies.

To learn more about Edgar Development and their projects, please visit www.edgardevelopment.com.