{"id":1004116884,"date":"2015-04-03T14:12:44","date_gmt":"2015-04-03T22:12:44","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=338356"},"modified":"2025-02-19T00:19:19","modified_gmt":"2025-02-19T08:19:19","slug":"up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/","title":{"rendered":"Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis"},"content":{"rendered":"

By Liviu Oltean, Associate Editor<\/em><\/p>\n

\"\"<\/a><\/p>\n

The Woods at Ridgeway<\/p>\n<\/div>\n

An affiliate belonging to Michigan-based ROCO Real Estate recently acquired The Woods at Ridgeway Apartment Homes for $18.5 million. The Woods at Ridgeway is a 568-unit apartment community located at 6277 Lake Arbor Drive in Memphis, Tenn.<\/p>\n

The asset was sold by RRE Wyndridge Holdings L.L.C., according to the Memphis Business Journal<\/em><\/a>. Developed in 1989, the apartment community offers one-, two- and three-bedroom units, which range in size from 570 to 1,314 square feet.<\/p>\n

Amenities include walk-in closets, balconies, patios, vaulted ceilings, updated kitchens and in-unit climate control. At their convenience, residents also have access to two salt water swimming pools, a fitness center and a sports court, a movie theater, a club house and a business center.<\/p>\n

As Commercial Property Executive<\/em><\/a> reported, ROCO Real Estate was founded in early 2012 by the Colman brothers, David and Michael, and their longtime friend Tyler Ross. In just two years, the three principals managed to grow the company\u2019s portfolio to over 10,000 units, representing a fair market value of more than $425 million.<\/p>\n

Image Courtesy of ROCO Real Estate via Official <\/em>Website<\/em><\/a> <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

An affiliate belonging to Michigan-based ROCO Real Estate recently acquired The Woods at Ridgeway Apartment Homes for $18.5 million. The Woods at Ridgeway is a 260-unit apartment community located at 6277 Lake Arbor Drive in Memphis, TN.<\/p>\n","protected":false},"author":1158,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004116884","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\nUp-and-coming Real Estate Firm Acquires Apartment Community in Memphis - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis\" \/>\n<meta property=\"og:description\" content=\"An affiliate belonging to Michigan-based ROCO Real Estate recently acquired The Woods at Ridgeway Apartment Homes for $18.5 million. The Woods at Ridgeway is a 260-unit apartment community located at 6277 Lake Arbor Drive in Memphis, TN.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-03T22:12:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T08:19:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/The-Woods-at-Ridgeway.jpg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/\",\"name\":\"Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/The-Woods-at-Ridgeway.jpg\",\"datePublished\":\"2015-04-03T22:12:44+00:00\",\"dateModified\":\"2025-02-19T08:19:19+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/The-Woods-at-Ridgeway.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/The-Woods-at-Ridgeway.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a12696609e74785a9cb5f8f7eae8bbd0\",\"name\":\"Liviu Oltean\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/265a6706a31d40da5fe5c4a7485172229f6e635bc14e37e96c54508aae9b2141?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/265a6706a31d40da5fe5c4a7485172229f6e635bc14e37e96c54508aae9b2141?s=96&d=mm&r=g\",\"caption\":\"Liviu Oltean\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/liviuoltean\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/","og_locale":"en_US","og_type":"article","og_title":"Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis","og_description":"An affiliate belonging to Michigan-based ROCO Real Estate recently acquired The Woods at Ridgeway Apartment Homes for $18.5 million. The Woods at Ridgeway is a 260-unit apartment community located at 6277 Lake Arbor Drive in Memphis, TN.","og_url":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-04-03T22:12:44+00:00","article_modified_time":"2025-02-19T08:19:19+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/The-Woods-at-Ridgeway.jpg","type":"","width":"","height":""}],"author":"Liviu Oltean","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/","url":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/","name":"Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/The-Woods-at-Ridgeway.jpg","datePublished":"2015-04-03T22:12:44+00:00","dateModified":"2025-02-19T08:19:19+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a12696609e74785a9cb5f8f7eae8bbd0"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/The-Woods-at-Ridgeway.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/The-Woods-at-Ridgeway.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/up-and-coming-real-estate-firm-acquires-apartment-community-in-memphis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a12696609e74785a9cb5f8f7eae8bbd0","name":"Liviu Oltean","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/265a6706a31d40da5fe5c4a7485172229f6e635bc14e37e96c54508aae9b2141?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/265a6706a31d40da5fe5c4a7485172229f6e635bc14e37e96c54508aae9b2141?s=96&d=mm&r=g","caption":"Liviu Oltean"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/liviuoltean\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004116884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1158"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004116884"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004116884\/revisions"}],"predecessor-version":[{"id":1004444965,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004116884\/revisions\/1004444965"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004116884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004116884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004116884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}