University of Louisiana at Lafayette to Add On-Campus Housing Uunits

Ambling University Development Group to develop project

by Marsha Sills, Advocate Acadiana Bureau, 2TheAdvocate.com - July 31, 2010

LAFAYETTE — The University of Louisiana at Lafayette is moving forward with plans to create an additional 2,600 on-campus housing units, said Jerry Luke LeBlanc, ULL vice president of finance and administration.

Ambling Awarded Four Management Contracts

by Coleman Wood, Student Housing Business.com

Atlanta, July 7, 2010 — Ambling Management Company (AMC) has been awarded the management assignments for four student housing communities located across the Southeast.

Treo Partners Selects Ambling Management Company To Operate Apartments in Tallahassee 

Partnership entrusts two student communities to AMC’s growing student portfolio  

Tallahassee, FL – June 21, 2010 — Ambling Management Company (AMC) has been awarded the management contracts for 1111 On High Apartments and Villa Casa Cortez Apartments located in Tallahassee near Florida State University. 

Creative Deal Structuring

GA Development Gets Critical Boost from New Issue Bond Program

By Glenn Petherick, Editor, Tax Credit Advisor, June 2010, Vol XXII

Woodbridge at Parkway Village, a new solar powered affordable senior rental development under construction neat Atlanta, Ga., embodies the twin spirits of pioneering and determination. 

Ambling Management Company Receives Honors Among Nation’s Top Property Managers

Industry rankings recognize AMC's influence in the affordable housing management sector

May 27, 2010 – VALDOSTA, Georgia – Ambling Management Company announced today it was recognized for market dominance by leading industry analysts including the National Affordable Housing Management Association, Builder magazine and Multi Family Executive magazine.  The newly published listings credit Ambling for its extensive property management experience within the affordable housing sector. 

Ambling in Top 10 in the Nation

Builder Magazine Lists Nations Top Builders

May 13, 2010 - Builder Magazine released the names of the Nations Top 50 Multi-family Developers and Builders in the United States.  Ambling Companies, Inc was ranked number 10 in that listing up from number 26 the year before.  Click on magazine cover for the full list and information. See pages 114-115.

Ambling Named in Top 20 for Nation

Affordable Housing Magazine Names Top Fifty Owners

April 22, 2010  San Francisco, CA - Affordable Housing Magazine revealed the top 50 affordable housing owners in the nation.  Ambling Companies, Inc. was ranked thirteenth for the second year in a row.   

For more information, click on the magazine cover.

Ambling Secures Capital Funding and Prepares To Build $18.7 Million Residential Community

 SeniorHousingNews.Com

Ambling Closes Mixed Finance Package for $18.7 Million Residential Community in Union City

Woodbridge at Parkway Village provides innovative homes for area seniors  

ATLANTA, Ga., March 31, 2010 – Ambling Development Partners (ADP) announced it will begin construction on a new residential development in Union City.  ADP’s new community, known as Woodbridge at Parkway Village, is situated on 6.67 acres and features 150 units. 

Campus Lodge Apartments Experiences Leasing Surge  

Popular student community in Columbia Missouri secures 100 new leases in a single week!  

March 8, 2010 - COLUMBIA, MO – Ambling Management Company is proud to announce its premiere student community, Campus Lodge Apartments, has closed on 100 new leases in one week – a remarkable accomplishment for the upcoming 2010/2011 academic year. 

Ambling’s $28 million rental community slated to open in August

by Johnna Pinholster - The Valdosta Daily Times

VALDOSTA February 10, 2010 12:29 am — The cold, wet weather did nothing to impede the ceremony planned for a new luxury rental community on Tuesday.

At 10:30 a.m., as scheduled, Ambling Companies Inc. celebrated with a ceremonial groundbreaking for The Residences at Five Points. Construction on the 264-unit community began in December, said Eddy Benoit, president, Ambling Development Partners. 

Eco-Friendly Apartment Community Coming to Valdosta

A new apartment complex is exploring new methods of going green

By Gabrielle Sarann,  WCTV Eyewitness News

Construction has started in midtown Valdosta on a luxury community called "The Residences at Five Points."The clubhouse is the first section to be built at 405 Barfield Drive.  The developers, Ambling Companies, are testing the use of solarenergy to power it, which will supply more than half of the energy of the clubhouse.

Ambling Management Company Partners With Vestcor Communities to Manage “The Flats At Mallard Creek”  

New Apartment Community Features Eco-Friendly Design, Ideal For UNCC Students 

Charlotte, NC – January 26, 2010 — Ambling Management Company (AMC) has expanded its diverse portfolio, taking on the lease up and management of a brand new apartment community called ‘The Flats at Mallard Creek.’  Located in Charlotte within walking distance of the University of North Carolina, the property features approximately 131 leasable apartments with deluxe accommodations developed specifically for student living.  The Flats at Mallard Creek will open doors to more than 385 residents by Fall of 2010. 

Ambling Appoints Greg Blais to Lead Its University Development Group 

Expanded focus moves beyond housing to include total campus development nationwide

VALDOSTA, Ga., December 16, 2009 – Ambling announced today that Greg Blais has been appointed as president of Ambling University Development Group (AUDG).  In this leadership role, Blais will oversee all client partnerships and AUDG’s strategic direction.  Prior to this move, Blais held the position of senior vice president of AUDG.  This position marks his most recent promotion during his ten year career with Ambling.

Ambling Names Charles Perry New Chief Operating Officer

Company refines market strategy to focus on comprehensive multifamily real estate solutions

VALDOSTA, GA.  December 15, 2009 – Ambling Companies Inc. announced today that Charles Perry was appointed to chief operating officer in charge of daily functions for Ambling’s diverse operations.  Perry brings more than 30 years of industry experience to the new role, the last decade spent as part of the Ambling family.  He served most recently as president of the Ambling University Development Group leading the development of more than 30,500 beds totaling almost $1.4 billion.

Valdosta Walkers Raise $117,000 for Cystic Fibrosis

Valdosta Daily Times: Seventh annual Cystic Fibrosis fundraiser surpasses $1 million

Valdosta, GA - A record number of participants joined together at Wild Adventures Theme Park in Valdosta, GA to raise over $117,000 for cystic fibrosis research.  This seventh annual Great Strides walk for the Cystic Fibrosis Foundation drew over 320 walkers and broke through the cumulative $1 Million dollar mark of funds raised over those seven walks.

35 Smart Building Ideas: University Business Nov. 2009

Funding: Methods and Messaging

17. Partner with a private developer. These firms can provide guidance in initiating and navigating the financing process. One such firm is Ambling University Development Group, which has helped secure bonds for 41 campus projects in the last decade. Utilizing a college’s tax-exempt status, the firm establishes a single-purpose LLC to serve as the project owner as well as to ground lease the required property from the institution for the term of the financing.

Ambling Develops LEED-Silver-Certified Student Housing, Southern Polytechnic State University

SustainableBusiness.com (October 29, 2009)

Ambling University Development Group (AUDG) announces plans to develop three new facilities on campus to include a new student housing residence hall, 10 Special Interest homes and a state-of-the-art dining facility in partnership with Southern Polytechnic State University (SPSU) of Marietta, Georgia.

The ABCs of Student Housing - National Real Estate Investor

Back to campus - Oct 1, 2009 12:00 PM, By Sibley Fleming, Managing Editor

In the absence of a sweetheart lender for private, off-campus projects, some developers are turning to on-campus properties that will be owned by the university and financed through tax-exempt revenue bonds.  Valdosta, GA based Ambling University Development Group, for instance, recently closed on four major development transactions, despite challenging financial markets. The projects include:

"Ambling University Development Group Closes $161M"

University Business (August 25, 2009)

Ambling University Development Group announced it has closed on four major development transactions totaling $161 Million. 

"Ambling Closes on $161 Million for New Student Housing Developments"

PR Announcement - Ambling University Development Group (August 20, 2009)

In spite of challenging financial markets, Ambling University Development Group closed on four major development transactions totaling $161 million. State-of-the-art accommodations underway for 2,524 students at four college campuses around the nation

"Construction begins on new dorms at South Georgia College"

SGC.edu  (August 20, 2009)

Construction has begun on a new residential housing unit on the campus of South Georgia College.  Tiger Village Phase II, will be a three-story, 292- bed facility. 

"New Tax Credit Housing in South Columbus" 

WRLB-TV (July 30, 2009)

Avalon Apartments had its official ribbon cutting ceremony Thursday.  The complex features one to four bedroom apartments, but residents must meet strict income requirements. 

"Georgia Southern readies a new 'Centennial'"

WTOC-TV  (July 30, 2009) 

Ambling team gives GSU campus leaders a preview of their new residence hall designed for 1000 students.

"Developers Plan Senior Housing Communities"

The Greenville News (July 8, 2009)

"2009 Project of Distinction Winner"

Education Design Showcase (July 1, 2009) 

At the pinnacle of growth on the Valdosta State University campus stands the new Hopper Hall residential housing community. 

“Ambling dedicates new rental community”

The Atlanta Journal-Constitution (June 18, 2009) 

Ashton Browns Mill, a new rental community for active adults 55 years and older at 500 Cleveland Ave., was dedicated Wednesday.

"Suniva Brings Solar Power to Ambling Senior Village"

PR Announcement from Ambling Development Partners (June 16, 2009)

Ambling Development Partners to be Solar Powered by Suniva. The new Woodbridge at Parkway Village Independent Senior Living Facility in Fairburn will be the first commercial location to receive an all-Georgia Solar power installation. 

"Announcing the 2009 NAHMA Affordable 100!"

National Affordable Housing Management Association (June 2009) 

The NAHMA Affordable 100 comprises the largest affordable multifamily property management companies, ranked by affordable unit counts.

"Grand Opening at The Village At Wedgwood"

The Cairo Messenger  (June 2009)

The Village at Wedgewood Apartments management team welcomed a large number of community members and city and county officials Tuesday afternoon to celebrate the grand opening of their new 42-unit apartment complex. 

"Getting To The Future, First"

Achieving Business Excellence (May 1, 2009) 

Through the recruitment and training of high-quality staff—and investment in technology—Ambling Management Company is building its reputation as an innovative, effective and forward-looking property management company.

"The Nation’s 50 Largest Apartment Owners and 50 Largest Apartment Managers"

National Real Estate Investor (April 2009)

The national multi housing council 50.  A special supplement to National Real Estate Investor names the 50 largest aparment owners and managers as of January 1, 2009.

"Developer Selected for New Student Housing Project"

Digest Newsletter (March 4, 2009)

North Georgia selects Ambling University Development to manage the design and construction of the new military and civilian residence halls set to open fall semester 2010.

"Barkwell Named President of Ambling Management Company"

PR Announcement from Ambling Management Company (January 21, 2009)

Barkwell Named President of Ambling Management Company Chief operating officer of Ambling Management Company, Kimberly A. Barkwell was appointed president of Ambling Management Company.

“VSU breaks ground on new residence hall”

The Valdosta Times (October 09, 2008)  

Groundbreaking ceremonies commence construction on the new Georgia Hall student dormitory at Valdosta State University.