NEW YORK--(BUSINESS WIRE)--Sentinel Real Estate Corporation (“Sentinel”) today announced it will assume management of two Class A multifamily assets – The Cascades Apartments in Anaheim Hills, California, and The Hamptons on Heron Bay in Coral Springs, Florida – on behalf of The New York State Teachers Retirement System (NYSTRS).
Both The Cascades and The Hamptons on Heron Bay benefit from close proximity to highly rated school districts and are well-located near major thoroughfares with easy commutes to local attractions including beaches, golf courses, and a wide range of shopping, dining and entertainment hotspots. Sentinel will draw on its longstanding track record of managing multifamily properties to continue to provide superior management service to these communities.
“We have enjoyed a long and successful partnership with NYSTRS and are excited to continue expanding our relationship with the addition of The Cascades and The Hamptons on Heron Bay into our management portfolio,” said Michael Streicker, President of Sentinel. “We are gratified by the confidence NYSTRS continues to place in us and remain committed to upholding the high-quality living standards residents have grown accustomed to at these communities.”
The Cascades consists of 294 one- and two-bedroom luxury apartments featuring quartz countertops, private balconies or patios, in-unit washers and dryers, walk-in closets, fireplaces, gas ranges and efficient appliances. The newly renovated community amenities include a salt water pool and spa, a fireside lounge, a fitness center, a clubhouse with catering kitchen, a playground, two hydrotherapy spas, a business center, barbecue and picnic areas, a dog park and a basketball court.
The Hamptons on Heron Bay offers 292 one-, two- and three-bedroom apartments with spacious interiors, including designer kitchens with islands, stainless steel appliances, granite counter tops, designer plank vinyl flooring, tile backsplashes, walk-in closets, garden-style tubs, ground floor private entryways, one- and two-car attached garages, private screened-in patios or balconies, full-size washers and dryers and hurricane shutters. The community amenities include controlled access entry gates, a clubhouse with coffee bar, fitness center, two swimming pools, an outdoor kitchen and grilling stations, a playground, a dog park, a tennis court, half-court basketball, a resident workspace, and curbside valet trash and recycling service.
About Sentinel Real Estate Corporation
Established in 1969, Sentinel Real Estate Corporation is a New York City-based independently owned real estate investment management firm. The firm currently has $9.5 billion of institutional-quality real estate assets under management on behalf of more than 113 domestic and international clients. Sentinel maintains offices throughout the United States, Amsterdam, Germany, Australia and Singapore. The firm’s portfolio currently comprises over 27,500 apartment units and 5.4 million square feet of commercial real estate. Sentinel operates on a vertically integrated platform with 750 employees performing all phases of the investment process including on-site property management. For more information about Sentinel, please visit www.sentinelcorp.com.