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Investors - AUGUST 16, 2022

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American Landmark acquires apartments in Fort Lauderdale Metro

by Denise Moose

American Landmark Apartments announced it has acquired Glen at Cypress Creek, a 224-unit apartment community located in North Lauderdale, Fla., in Broward County. The property has been renamed The Asher.

“South Florida has seen record growth this past year, with a number of corporation relocations driving intense demand for apartments in the tri-county area,” said Christine DeFilippis, CIO at American Landmark. “We are pleased to continue growing our portfolio in South Florida, where American Landmark already has an extensive presence.”

Built in 1997 and located at 1949 Cove Lake Drive, The Asher offers one-, two- and three-bedroom floorplans ranging from 760 to 1,238 square feet. The apartments feature wood-style flooring, stainless steel appliances, a dishwasher, a washer and dryer, spacious walk-in closets and in some units a private terrace or balcony. Located next to Cove Lake, the community provides a wide range of amenities such as a pool, sundeck, fitne

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