Friday, July 21, 2017
Text Size

Commercial Real Estate

July 3 - Kole Management Acquires Macon Luxury Apartment Community

Savannah Business Journal Staff Report

July 3, 2017 - Kole Management Co. (KMC), a family-owned property management and investment firm based in Savannah, has acquired Riverstone, a 220-unit luxury apartment community in Macon, Ga.

Riverstone, built in 2012, is located near the crossroads of Interstates 75 and 16 less than one mile from the city’s premier lifestyle center, The Shoppes at River Crossing.

The Riverstone community consists of one-, two- and three-bedroom garden-style units with gourmet kitchens, nine-foot ceilings, soaking garden tubs, walk-in closets and washer/dryer connections. Property amenities include a pool with gas and charcoal grilling stations, a billiard and social room, fitness center, cyber café with WiFi, a fire pit and a dog park.

Riverstone is the third North Macon apartment community acquired by KMC. The firm also owns and operates The Falls, a 296-unit property at Spring Creek, and the 200-unit Legacy at River Crossing.

“Riverstone is a fabulous property,” said Kole Management President Jeff Kole. “The floor plans and unit features are top of the line, and the expansive clubhouse and related amenities lend a true resort air to the community.”

KMC owns and operates more than 2,300 total apartments in Georgia and South Carolina,
which consists of the three Macon properties, The Palms in the West Ashley section of
Charleston, 1035 Alexander in Augusta and, in the Savannah area, Alhambra, Wyndmere,
Kessler Point, Rendant, Arbors, Ridgewood, Carriage House and Ashton at Richmond Hill.

Comment (0) Hits: 301

More Articles...

  1. June 30 - J.W. Marriott at Plant Riverside District Signs First Group Contract with Georgia Municipal Association
  2. FEATURE: Savannah River Landing project moves forward with 6-0 Council vote to finalize negotiations with new developer
  3. May 23 – City Council to hear long list of Rezoning requests, including one that would pave way for new hotels on E. President St.
  4. Mar. 30 – State votes to sell wetlands to Savannah River Landings developer, needed to clear up property dispute
  5. Feb. 7 – Image Hotels to break ground on new Courtyard hotel in Pooler
  6. Jan. 23 - St. John Baptist Church buys Savannah Christian Prep’s DeRenne Campus with major expansion planned
  7. Jan. 3 – JEA seeks to straighten out zoning to allow for “modest expansion” on Abercorn Street
  8. The Diligence of an Investors Group brings hoped for justice to James Sidney Johnson in Tradeport Business Center Scam
  9. Dec. 8 – Savannah City Council approves rezoning to allow new apartment complex, and to amend Tricentennial Plan
  10. Dec. 7 - Walton Communities Secures Over $14 Million for New Senior Development in Augusta
  11. Prime Property for Sale - City of Savannah
  12. Dec. 2 – County Commissioners approve study by MPC to pursue ‘Historic District’ designation for the Sandfly area
  13. Aug. 25 - CenterPoint to develop major Spec Facility at CenterPoint Intermodal Center in Savannah
  14. Aug. 24 – Large Storage Facility, Six Short-term Rentals and Three more Package Stores seek Variances at ZBA Thurs
  15. Aug. 15 - Ben Carter Enterprises Acquires Sole Ownership of Outparcels Surrounding Tanger Outlets Savannah

Page 1 of 118


Follow Us!


Komento Activities

Coastal Empire News
Headquarters: 35 Barnard St., Suite 300, Savannah, GA. 31401.
Tel: 912-388-4692 | Hours: 8:30 a.m. to 5:00 p.m.