NEWTOWN SQUARE, Pa., Oct. 5, 2011 /PRNewswire/ -- GMH Capital Partners of Newtown Square, PA is pleased to announce being awarded One Of the Top 10 Places To Live in 2011 by the AAGP for their property The Preserve At Milltown in Downingtown, PA.
"This is a great recognition for all the hard work our staff has made to improve the property since we purchased it," stated Rand Ginsburg, GMH Capital Partners SVP of Asset Services. "We've continually renovated and improved the appearance of the property as well as added numerous amenities for our residents. Our goal was also to improve the quality of life for our residents, with better service from our staff, quicker resolution of maintenance issues and an overall better living experience. We're thrilled the AAGP has recognized us with this prestigious award," finished Ginsburg.
In January of 2006, GMH Capital Partners purchased the formerly named Meadow Lake Apartments, a 376 unit garden-style apartment community located in Downingtown, PA. Tucked away on 43 acres, within the prestigious Chester County, the community consists of 228 one-bedroom, 112 two-bedroom and 36 three-bedroom units in 23 two-story buildings. In a short amount of time, GMH Capital Partners transformed the neglected and outdated property into a thriving, award winning community with modern amenities and stylish features.
GMH Capital Partners embarked on a $3.91mm renovation plan that consisted of installing new roofs, gutters, vinyl siding, exterior lighting, composite deck surfaces & railings, HVAC units, landscaping, drainage, paving, walkways and signage. To finish the transformation, GMH demolished the existing leasing and maintenance office and constructed a 3,500 SF luxury clubhouse, business center and state-of-the-art fitness facility. The new clubhouse overlooks a gorgeous resort style swimming pool and playground. Other amenities GMH Capital Partners added over the years include WiFi in the cafe and a card access security system.
The Preserve at Milltown is also heavily involved in the local community with participation in their annual food drive for The Lords Pantry in Downingtown, PA , donations to the local little league and the Toys for Tots campaign during the holidays. Exciting resident appreciation events throughout the year include outdoor movie nights, pool parties and holiday activities.
The Preserve at Milltown is located at 500 Meadowlake Drive, Downingtown PA, conveniently situated just off of Route 30 and the Route 30 Bypass at the Route 340/Bondsville Road exit in Downingtown.
About GMH Capital Partners:
GMH Capital Partners is a nationally recognized leader in the real estate market, specializing in the areas of acquisitions, construction, asset services and investment sales. GMH Capital Partners has developed numerous successful communities and housing developments around the United States for various types of real estate including college, military, multifamily, retail and commercial. GMH Capital Partners provides streamlined resource and solutions to it's customers, clients and tenants by utilizing strategic planning, integrated technology solutions and an expert management team.
SOURCE GMH Capital Partners