Cortland Opens Brand New Phase Of Cortland South Kendall
ATLANTA, GA - Cortland, a vertically integrated, multifamily real estate investment, development, and management company, has opened its newly built phase of Cortland South Kendall, an upscale apartment community in one of the fastest growing areas of the vibrant South Florida market.
The Atlanta-based multifamily firm bought the community, formerly known as Mareas, along with the nearly 10-acre site for the second phase of the project from Ram Realty Advisors in November 2021. The new addition will bring the total number of homes at Cortland South Kendall to 600.
“Ram designed a beautiful and thoughtful community nestled in natural surroundings, so we were excited to partner with them on this new development project phase and we are thrilled to be welcoming residents this week,” said Chris Fletcher, Executive Vice President of Development for Cortland. “Our data-driven approach gave us confidence in the demand for this high-growth submarket that continues to draw people from other parts of the country.”
Cortland South Kendall is located just north of Zoo Miami and is surrounded by a 50-acre nature preserve. It offers walkability to dining and shopping along with convenient access to Florida’s turnpike and Miami’s business district.
“We saw this opportunity as a strategic investment, adding to our growing South Florida portfolio as Miami continues to evolve and attract businesses and residents alike, vying on the national stage for talent alongside traditional gateway cities such as New York and LA,” said Kyle Bateh, Cortland’s Executive Vice President of Investments. “This project is one of the few in the area to deliver this year and is filling an immediate need for families who are seeking more space, better value, and convenient access to Miami’s hot spots like Coral Gables, the Grove and the CDB.”
The apartment community features studio to three-bedroom homes with wood-style flooring, modern lighting, and high-end kitchens with quartz countertops. Residents will also enjoy a resort-style pool with sun decks and poolside cabanas, as well as a 24/7 fitness center with fitness on demand and free group classes, a kid’s adventure playground, and a leash-free bark park.
“This additional development solidifies Cortland’s rapidly growing presence across South Florida, allowing us to reach scale and efficiently deliver on our commitment to raise the standard of apartment living,” Bateh said. “While we are now the largest multifamily owner in the Kendall submarket, we are also eager to continue to invest in the area, offering more residents great living and hospitality-driven experience.”
In addition to its 36 Florida communities, Cortland has five development projects comprised of more than 1,750 units that are currently under construction in Florida. The project team for this second phase of Cortland South Kendall included general contractors Kaufman Lynn Construction, Roger Fry Architects, Kimley Horn Engineers, and Katchi Interior Design.
About Cortland: Cortland is a vertically integrated, multifamily real estate investment, development, and management company focused on delivering resident-centric, hospitality-driven apartment living experiences. Headquartered in Atlanta, Cortland manages and is invested in, directly or indirectly, over 250 apartment communities comprised of over 80,000 homes in the US with regional offices in Charlotte, Dallas, Denver, Houston, Orlando, and Phoenix. Cortland has significant experience in acquiring, developing, renovating, owning, and operating multifamily communities, leveraging the services of its construction, design, and property, asset, and investment management affiliates. Internationally, Cortland maintains a management and development platform in the UK.
Cortland is a Top Property Management Brand for online reputation in 2022 (Reputation Score by reputation.com) and is a Great Place to Work-Certified Company (2022). For more information, please visit cortland.com
