West Shore Expands Portfolio With Florida and South Carolina Acquisitions

Palm Beach Gardens Apartments marks West Shore's 18th acquisition in Florida.

Fully integrated real estate investment firm West Shore is expanding its portfolio in the Southeast. With the acquisitions of Ironwood Apartments in North Augusta, South Carolina, and Palm Beach Gardens Apartments in Palm Beach Gardens, Florida, the Boston-based firm’s multifamily portfolio has surpassed 18,500 owned and operated units in the Southeast and Southwest.

“Our continued investment in the Southeast … marks a significant milestone in West Shore’s sustained and impactful growth, as we now own and operate more than 18,500 units nationwide,” said president Lee Rosenthal. “This achievement reflects the strength of our strategy, which combines an entrepreneurial approach to real estate with the discipline of institutional investment in the multifamily sector.”

Palm Beach Gardens Apartments marks West Shore’s 18th acquisition in Florida, where it owns and operates 5,852 units.

The 542-unit community comprises upscale one-, two-, and three-bedroom apartments with fully equipped kitchens and pet-friendly homes. Residents also have access to modern amenities, such as a 24-hour fitness center, a resort-style pool, a putting green, and a basketball half-court.

Centrally located in Palm Beach Gardens, the community offers direct access to Interstate 95 and the Florida Turnpike. It also provides residents easy access to shopping, dining, and outdoor attractions.

“Palm Beach Gardens Apartments combines modern living with a prime location that promotes an active and convenient lifestyle,” said chairman Steven P. Rosenthal. “Florida continues to be one of the country’s strongest multifamily markets, and we’re pleased with this acquisition that reflects our ongoing commitment to high-quality assets and strategic growth.”

Ironwood Apartments in North Augusta, South Carolina, includes a resort-style saltwater pool.

The 280-unit Ironwood Apartments comprises a mix of studio, one-, two-, and three-bedroom apartments, featuring high ceilings, granite countertops, stainless steel appliances, and wood-style flooring. Amenities include a resort-style saltwater pool, a 24-hour fitness center, an outdoor fireplace, and a dog-wash station. The community is conveniently located within walking distance of the North Augusta Greenway and SRP Park. It’s also just off U.S. Route 25, with quick commutes to jobs and schools.

“Ironwood Apartments exemplifies the high-quality properties that define our portfolio,” continued Rosenthal. “Surpassing 18,500 units highlights the success of our disciplined growth strategy, which continues to deliver strong returns for our investors.”