SMSI News

Stonegate

Summit Management Services, Inc. Purchases Stonegate, a 350-unit Multi-housing Community in Broomfield, Colorado
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Summit’s Upcoming Project

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Summit Management Services, Inc. Partners with Communiqué

To Provide a Portfolio-Wide Communication Service to Student Residents
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Top 5

Denver, Fort Collins in top 5 on Forbes Best Places for Business List
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Ram’s Crossing

Summit Management Services, Inc. Purchases Ram’s Crossing Properties for $58M
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The HUD Whisperer

Written by Herb Newman
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The Fountains at Mooresville

Summit MultiCapital, LLC Acquires The Fountains at Mooresville Apartment Community
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CAM qualification

SMSI Management Staff Members Earn CAM qualification
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Beautification Watch Award

September 2013, Summit Management Services, Inc. (SMSI), receives the prestigious Beautification Watch Award that recognizes properties that enhance the city’s appearance. The award criteria recognizes businesses with well-maintained, attractive landscaping and are kept litter-free. The award is given by the Beautification Board of Keep Akron Beautiful, a nonprofit agency that has been in service for over 32 years.
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Western Regional Headquarters

Summit Management Services, Inc. Opens Western Regional Headquarters.
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Crain’s Cleveland Business

SMSI featured in Crain’s Cleveland Business.
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Refinancing

Mosteller Mansion Estates Apartments Refinancing.
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Purchasing

Summit MultiCapital, LLC Purchases Mosteller Mansion Estates.
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Voted Best

The Legends Apartment Homes Voted Best Apartment Community.
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Purchasing

Summit MultiCapital, LLC Purchases Waterlynn Ridge Apartment Community.
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Selling

SMSI announces the sale of Eastwood Village Apartments, Asheville, NC for $13,750,000.
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Herbert Newman added to Advisory Board

Herbert Newman has been appointed as an Advisory Board Member for U.S. Bank’s Middle Market Commercial Real Estate Group.

EnVision offers discount for good students

New GPA Discount Program at EnVision Apartments, The University of Akron.
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Acquiring

SMSI Acquires The Arbors at Sweetgrass, Fort Collins, CO.
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The Apartment Report

SMSI featured in the May issue of The Apartment Report.
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Refinancing

Landmark Apartments, Fort Collins, CO refinancing.
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Acquiring

SMSI acquires Stone Creek Apartments, Fort Collins, CO.
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EnVision Apartments

Completion of EnVision Apartments at The University of Akron, a new green-living community.
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Refinancing

Stone Creek Apartments, Fort Collins, CO is refinanced with an FHA 223(f) loan at a rate of 3.48% fixed for 35 years.
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