Landmark Properties has announced its latest acquisition – The Lodges at 777, in Baton Rouge, augmenting its portfolio by 1290 total beds/328 total units.
The Lodges at 777 is Landmark’s second acquisition in Baton Rouge.
The Lodges at 777 was developed in 2021 and is currently 100% pre-leased for the fall 2023 term, according to Landmark. The complex is considered a top choice for LSU students who are looking to live in proximity to campus in a cottage-style product with more living space and top-tier amenities.
Landmark President & CEO Wes Rodgers said his firm is “excited to add The Lodges at 777 to the Landmark portfolio.” In additional comments on the acquisition, Rogers thanked the hard work of Landmark’s acquisitions and investment team in a difficult environment. ” Landmark is still acquiring attractive student properties at top-tier universities across the country, according to Rodgers.
Landmark Properties is a fully integrated real estate firm specializing in the development, construction, investment management, and operation of high-quality residential communities,
The Lodges at 777 offers many resident amenities including a resort-style swimming pool with poolside cabanas, a two-story clubhouse with gaming areas and areas for studying, and a large fitness center including Fitness-On-Demand and a Yoga Studio. The community’s units feature contemporary furnishings, granite countertops, and stainless-steel appliances. These top-of-the-line features and amenities allow the property to stand out from other student focused assets in the area.
Headquartered in Athens, Ga., with an office in Atlanta, Landmark Properties is a fully integrated real estate firm, specializing in the acquisition, development, and management of high-quality residential communities. With more than $11.8 billion in assets under management, Landmark’s portfolio includes over 100 residential communities across the country with nearly 65,000 beds under management. Additionally, Landmark benefits from an active development pipeline with 22 student and multifamily projects under construction with an estimated value at $4.7 billion. Landmark’s mission is to be the leader in development, construction, operations, and investment management of high-quality residential communities, delivering unrivaled service and experience to our residents, partners, and employees.
