SOURCE: Lincoln Property Company

Lincoln Property Company

May 12, 2016 09:01 ET

Vela, Lakefront Apartments Open for Business in Tempe

TEMPE, AZ--(Marketwired - May 12, 2016) - Vela, a brand new apartment community in Tempe, Arizona, opened their office doors on Saturday, May 7, 2016. Residents are expected to begin moving into the community in the following weeks. Located on Tempe Town Lake and neighboring a marina, residents have direct waterfront access with a lakefront lifestyle. The community offers luxury studio, one- and two-bedroom apartment homes.

Apartment amenities include quartz countertops, USB charging outlets, kitchen prep islands with pendant lighting*, custom built-ins*, spa bathrooms with soaking tubs*, wood plank style flooring, private store units, and private balconies with lakefront views*. Community amenities consist of a golf simulator, fitness center, interior secure bike storage, putting green, lounge with fireplace, TV media area, catering kitchen, dining table gathering space, four pergola grilling stations, resort-style heated pool and spa, cabanas with TVs, synthetic turf gaming areas, outdoor pool table, three courtyards, in addition to WIFI in all common areas.

Vela is steps away from the 1,500 acre Papago Park, the Phoenix Zoo and the Desert Botanical Garden. With easy access to major highways, outdoor recreation, shopping and nightlife at Mill Avenue District, Sky Harbor International Airport and the central business district, Vela provides access to any lifestyle.

Vela is under the management of Lincoln Property Company, the second largest multifamily manager in the United States.

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*In Select Units

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.

For more information about Lincoln Property Company, please visit or visit for apartment listings in your area.

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Contact Information

  • Media Contact:
    Sheri Sandefur Killingsworth
    Vice President - Marketing & Communications
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