FELLOWSHIP SQUARE FOUNDATION AWARDS S.L. NUSBAUM REALTY CO. 667-UNIT MULTIFAMILY MANAGEMENT PORTFOLIO
NORFOLK, VA (April 2017) – S. L. Nusbaum Realty Co. and the Fellowship Square Foundation are pleased to announce the award of management responsibilities for the Foundation’s 667-unit portfolio.
This portfolio consists of the following five communities designed for independent seniors over age 62 with limited incomes, as well as persons with disabilities:
- Hunters Woods, Reston, VA includes 222 one bedroom and ADA accessible apartment units, a social hall and other common areas.
- Lake Anne I & II, Reston, VA is comprised of 240 efficiency, studio and one bedroom apartment units, common areas and a social hall.
- Lake Ridge, Woodbridge, VA features 99 one bedroom and ADA accessible apartment units, a social hall and other common areas.
- Largo Landing, Upper Marlboro, MD consists of 106 one bedroom and ADA accessible apartment units, a social hall, common areas and other amenities.
Fellowship Square Foundation is a nonprofit, faith-based organization. Incorporated in 1960, the Foundation advocates for affordable housing that enhances resident freedom, independence, self-confidence and well-being. As part of its mission, the Foundation seeks to provide pastoral care and counseling to residents of all faiths. Lake Anne, the first house welcomed residents in 1971. From 1976-84, the Foundation added Hunters Woods, Lake Ridge and Largo Landing Fellowship Houses. Today the Foundation continues to provide housing and services to those over age 62 with limited incomes and persons with disabilities. For more information, please visit: www.fellowshipsquare.org.
With over 110 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping center projects, apartment communities, office and industrial properties throughout the Mid-Atlantic.
S.L. Nusbaum Realty Co. is proud to partner with X Team International. X Team is an international alliance of retail real estate specialists with offices located in major cities throughout the U.S., Canada and Europe. X Team partners average more than 20 years of industry experience, with expertise in major markets worldwide, specializing in tenant, property and developer/landlord representation, workout services, property dispositions and retail investments. X Team services include transaction negotiation, portfolio analysis, lease valuations, acquisitions, and asset assessment and valuation. For more information, please visit www.xteam.net.