Ambling Management Company Partners With Vestcor Communities to Manage “The Flats At Campus Pointe”

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New Apartment Community Features Eco-Friendly Design, and Luxe Amenities Ideal For UNCC Students

Charlotte, NC – February 27, 2012 – (RealEstateRama) — Ambling Management Company (AMC) has expanded its portfolio, taking on management of The Flats at Campus Pointe, a luxury student housing community developed by Vestcor Communities. Located in Charlotte within walking distance of the University of North Carolina Charlotte, the property features 98 leasable apartments with deluxe accommodations ideal for student living. The Flats at Campus Pointe will open doors to 180 residents by Summer of 2012.

As one of the nation’s largest multi-family property managers, AMC is well-suited to take on daily operations for The Flats at Campus Pointe. Executive vice president Hugh Hodge remarked, “It is a pleasure to manage this impressive new community especially after the success of its sister community The Flats of Mallard Creek. The apartments will make stylish homes for students enrolled at nearby UNC Charlotte. The location is unrivaled and each apartment is thoughtfully equipped to complement and simplify the busy student lifestyle.”

Convenience and environmental friendliness were two dominant priorities directing the design of The Flats at Campus Pointe. This is evidenced in the community’s extensive amenity list which includes:

•Ultra-modern Clubhouse
•State-of-the-art Fitness Center
•Resort-style Swimming Pool
•Yoga/Dance Center
•Video Surveillance
•Billiards Room
•Residence Life Program
•Studio 1,2, & 3 Bedroom Floor Plans
•Energy Efficient Appliances Including Washer & Dryers
•Satellite TV with 150+ Channels
•Hi-speed Fiber Optic Internet
•24-hour Emergency Maintenance

Each apartment home features its own unique set of amenities as well. All homes are fully furnished. Every apartment boasts a spacious, floor plan with Endurance Plank vinyl wood-style flooring in the living areas. Private bedrooms have walk-in closets and their own private bathrooms. The kitchens utilize energy-efficient fixtures and appliances, including Whirlpool brand dishwashers, microwaves, smooth-top ranges and refrigerators. There is a washer and dryer in every apartment and residents receive 150+ channels of satellite TV on their 42 inch flat screen televisions.

“We are eager to deliver another quality community to our growing list of residents. We feel this exciting product design specifically addresses the underserved market of lower density student housing” remarked Will Morgan, president of Vestcor Communities. “We’ve put our trust in the experience of Ambling Management Company to ensure our residents can count on daily operations to run smoothly and responsively.”

Leasing for The Flats at Campus Pointe is currently underway. Each lease is all-inclusive with a utility cap and is written as a “per bed” agreement. For more information about The Flats at Campus Pointe Apartments, please contact Ashley Greene, property manager at 704-510-2121 or online at www.theflatsatcampuspointe.com.

About Ambling Management Company
Ambling Management Company is a fully integrated property management organization providing high quality housing solutions for a variety of niche markets. Based in Valdosta, Ga., Ambling Management Company provides quality property management services for student, affordable and military housing for clients throughout the U.S. Ambling Management Company manages a portfolio of more than $1.5 billion and 172 properties in 19 states. Founded in 1997, Ambling Management Company was recently ranked among Multifamily Executive Magazine’s top 50 management companies and ranked in the Top 10 Leading Student Housing Managers of 2011 by Student Housing Business Magazine.

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Ambling Management Company is an affiliate of Ambling Property Investments, a fully integrated owner and manager of residential real estate, providing high quality housing solutions for a variety of niche markets. Based in Valdosta, Ga., Ambling Management Company provides quality property management services for student, conventional, affordable, senior and military housing for clients throughout the U.S. Ambling Management Company manages a portfolio of more than $1.5 billion and 175 properties in 19 states. Founded in 1997, Ambling Management Company recently ranked among Multifamily Executive

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