{"id":1004127685,"date":"2015-09-17T12:06:31","date_gmt":"2015-09-17T20:06:31","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=360808"},"modified":"2020-04-07T08:47:03","modified_gmt":"2020-04-07T16:47:03","slug":"fresh-start-for-northern-virginia-apartment-community","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/fresh-start-for-northern-virginia-apartment-community\/","title":{"rendered":"Fresh Start for Northern Virginia Apartment Community"},"content":{"rendered":"<p><em style=\"text-align: justify;\">By Adrian Maties, Associate Editor<\/em><\/p>\n<div id=\"attachment_360825\" class=\"wp-caption alignright\" style=\"width: 259px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/101-North-Ripley.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-360825\" title=\"101 North Ripley\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/101-North-Ripley.jpg\" alt=\"101 North Ripley\" width=\"249\" height=\"300\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">101 North Ripley<\/p>\n<\/div>\n<p style=\"text-align: justify;\">The former Parkwood Court apartment community in the Alexandria section of Northern Virginia has reopened its doors to the public following a renovation project that not only brought property upgrades and a new, 45-space parking field but also a new name. The re-branded community will now be known as 101 North Ripley.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.crcrealty.com\/\" target=\"_blank\" rel=\"nofollow\">Continental Realty Corp.,<\/a> the owner, announced the completion of the project and the name change this week, but did not reveal how much it invested in the community. The company bought the property at 101 North Ripley St. in 2011 for $23 million, according to <a href=\"https:\/\/www.propertyshark.com\/\" target=\"_blank\" rel=\"nofollow\">PropertyShark<\/a>. The real estate website lists the current market value of the apartment community at $22.7 million.<\/p>\n<p style=\"text-align: justify;\">101 North Ripley consists of 189 one-, two- and three-bedroom apartment units in seven different floorplans. Besides the new parking spaces, the enhancement included the installation of new windows and doors, renovated hallways and laundry rooms, and new landscaping. CRC has also designed a new community logo to be incorporated into the signage package.<\/p>\n<p style=\"text-align: justify;\">\u201cThis new apartment name and logo reflects the significant investment we completed at 101 North Ripley and signals our overall corporate philosophy concerning the maintenance of extremely high standards at all our properties,\u201d Kate Gayhardt, director of residential fund operations\u00a0at Continental Realty Corp., explained in a statement. \u201cWe consider it extremely important to elevate our apartment communities to serve the continuing needs of our residents.\u201d<\/p>\n<p style=\"text-align: justify;\"><em>Photo credit: Continental Realty Corp.<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Northern Virginia apartment community successfully underwent a renovation and rebranding project.<\/p>\n","protected":false},"author":925,"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":[21742,1615],"tags":[682],"class_list":["post-1004127685","post","type-post","status-publish","format-standard","hentry","category-latest","category-washington-dc","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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