May 2013: Post Properties Announces Acquisition of Post Lakeside™ in Windermere, FL
Post Properties announced the closing of its acquisition of Crosswater at Lakeside Village, located in the affluent Windermere submarket of Orlando, Florida. The 300-unit community, which has been renamed Post Lakeside, was recently completed in 2013, and is in the late stages of its initial lease-up. The community has units averaging 1,070 square feet, with resort-style amenities oriented to maximize the impact of the lake and associated conservation area. The community is also located adjacent to a recently developed Publix-anchored shopping center, providing walkable retail amenities to residents.
May 2013: Post Properties Announces Development of Post Alexander™ Phase II
Post Properties is commencing development of Post Alexander phase II, a luxury high-rise community, located in the Buckhead submarket of Atlanta. The project will include 340 units, with an average size of 830 square feet, on 19 residential floors, built over seven levels of parking, with rents averaging approximately $1,790 per month.
The project’s luxury apartments will be complemented by amenities that include a roof-top terrace and elevated pool deck, fully-equipped fitness center and clubroom. The project is located adjacent to Phipps Plaza and near Lenox Square.
May 2013: Post Properties Announces Quarterly Dividends,
Increases Dividend Payout to Common Shareholders by 32 Percent
Post announced quarterly dividends on its common stock of $0.33 per share for the second quarter of 2013. The dividend is payable on July 15, 2013 to all common shareholders of record as of June 28, 2013.
Said Dave Stockert, CEO and President, “We are pleased to be able to enhance the current return to common shareholders, reflecting the solid growth and profitability of our business. With today’s announcement, we expect our annualized rate of common stock dividends to rise by 32 percent to $1.32 per share.”
April 2013: Post Properties Named as One of Atlanta's Top 100 Workplaces
Post has been named one of Atlanta’s Top 100 Workplaces by the Atlanta Journal-Constitution for the second year in a row, placing 8th out of 30 in the midsize company category. More than 1,200 companies were nominated or asked to participate in the 2013 contest, and Workplace Dynamics conducted an independent survey of Atlanta associates in late 2012 to determine the winners.
April 2013: Post South Lamar™ Named Best New Multifamily
Post South Lamar in Austin, Texas, was named Best New Multifamily Development in
the Austin Business Journal's 2013 Commercial Real Estate Awards. Post South Lamar
is a five-story, 298-unit, 4-acre, mixed-use development located in a burgeoning
part of South Lamar Boulevard.
April 2013: Post Launches Mobile App for Residents
In a move to offer residents a better online experience, Post announced the launch
of its first mobile app for residents, MyPost™.
Available in the iTunes App Store, MyPost allows a resident to pay rent, submit
maintenance requests, view service history and more. MyPost is a way to enhance
the resident experience by making everyday activities easier and simpler.
March 2013: Forbes Names Post Properties One of America's 100
Most Trustworthy Companies
Post Properties has been named to Forbes
magazine's list of "America's 100
Most Trustworthy Companies." To compile this list, Forbes
used GMI Ratings
to evaluate more than 8,000 companies traded on U.S. stock exchanges. Forbes
said that Post, along with the other 99 companies on the list, has "consistently
demonstrated transparent and conservative accounting practices and solid corporate
governance and management. They do not play games with revenue and expense recognition,
or with asset valuation." Click here
for the full article.
March 2013: Post Announces Opening of Post Parkside™
at Wade in Raleigh, NC
Post Parkside at Wade is Post’s first apartment community in Raleigh, North Carolina.
Conveniently located on the edge of the Beltline, Post Parkside at Wade provides
easy access to downtown Raleigh, Research Triangle Park, PNC Arena, and Umstead
State Park. The brand new apartment homes of Post Parkside at Wade feature modern
kitchens with granite countertops and stainless appliances, open living spaces,
and designer finishes.
November 2012: Post’s Autumn Sillay Wins STAR Award
Autumn Sillay, Area Vice President of Post communities in Atlanta and Tampa, was
honored by the Atlanta Apartment Association with the Extra Mile Award. This award
was granted based on peer submissions of an individual who has gone above and beyond
expected job duties. The Atlanta Apartment Association is the multifamily housing
trade association for the Atlanta Metro area. One of the largest such associations
in the country, AAA has over 1,600 member companies.
October 2012: Post Receives 2012 NAREIT Award
NAREIT, the National Association of Real Estate Investment Trusts, selected Post
Properties to receive its 2012 Residential Small Cap Leader in the Light Award.
The award honors NAREIT member companies that have demonstrated superior and sustained
portfolio-wide energy use practices. Only two companies in the Residential sector,
one for Large Cap (with a market cap of $4 billion or greater) and one for Small
Cap (under $4 billion), were honored.
September 2012: Post Hyde Park Named Best Apartment Complex
Post Hyde Park in Tampa, Florida, was named Best Apartment Complex in the "Best
of the Bay Readers Poll" conducted by Creative Loafing newspaper in Tampa.
Sister property, Post Harbour Place, was a close runner up.
August 2012: Post Announces Opening of Post South Lamar™
in Austin, Texas
Post South Lamar is Post’s newest community located just south of Lady Bird Lake,
providing easy access to downtown Austin, Central Market, the University of Texas,
and the entertainment district on 6th Street. The homes of Post South Lamar are
available in a variety of unique floor plan options, featuring modern kitchens,
open living spaces, and designer finishes.
July 2012: Post Park Mesa™ Named by the Austin
Apartment Association as 2012 Property of the Year
The Austin Apartment Association, a trade association that represents and serves
the rental housing industry, named Post Park Mesa as the Property of the Year in
the 50-to-299-unit category. Properties considered for the award were evaluated
in three categories: staff and staff designations; physical or visual inspection;
and a blind shop of the property. Judges for the staff and physical inspection categories
were all members of the Austin Apartment Association. The blind shop was performed
by an independent entity.
July 2012: Post Properties Announces the Acquisition
of the 360-Unit Post South End™ Apartment Community
Completed in 2009, Post South End™ is LEED Silver
certified and features 7,612 square feet of retail space that is 100% leased to
three restaurant/bar concepts. The community is located in the South End neighborhood
of Charlotte, at the Bland Street station on Charlotte’s Lynx Blue Line, which provides
light rail service to Charlotte’s major Uptown employment center.
July 2012: Post Addison Circle™ Wins Readers’ Choice
Post Addison Circle in Dallas, Texas, has won the 4th Annual Readers' Choice Award
for Favorite Apartment Community as voted by readers of Addison magazine
for the fourth consecutive year. Post Addison Circle offers a unique blend of European
charm and urban vitality, conveniently located just minutes from either Uptown or
Downtown Dallas. Viewed by more than 500,000 readers per issue, Addison magazine
features lifestyle and business news for both residents and visitors.
April 2012: Post Properties Named as a 2012 Top
Workplace by the Atlanta Journal-Constitution
Post was chosen as a top-100 workplace out of more than 1,100 companies nominated
throughout Atlanta. The award was based on the results of an independent survey
of Atlanta associates taken in late 2011 by the Atlanta Journal Constitution.
February 2012: Post Corporate Apartments® Wins Supplier
of the Year from Oakwood
Oakwood, a worldwide leader in temporary housing and the largest corporate housing
provider in the world, has chosen Post Corporate Apartments as one of two recipients
of the Oakwood Supplier of the Year for 2011. To be considered for this award, recipients
must meet a minimum overall service score of 86% as judged by Oakwood, in addition
to other criteria. Post Corporate Apartments achieved an Oakwood service score of