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Hercules Real Estate Services is a front-runner in the multi-family housing industry. With over 8,000 apartment homes in seven states, we find we often have news to share. With a strong emphasis on excellence, service, and a resident-first approach as bedrock values, our team has managed to take on many new developments and made great strides in an ever-growing industry. Stay up to date on our latest news stories by selecting from the articles below. We appreciate your interest in news and developments at Hercules Real Estate Services. We hope you will check back often for updates!

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Hercules Living Announces Two Major Multifamily Apartment Acquisitions In Georgia

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VIRGINIA BEACH, Va., Nov. 1, 2016 /PRNewswire/ -- Hercules Living, a family-owned and operated multifamily regional developer headquartered in Virginia Beach, Virginia, announces its recent acquisition of two residential apartment communities in Georgia. The two acquisitions represent a $64M capital investment adding 469 homes to their vast multifamily portfolio that includes properties in the mid-Atlantic and Southeast region of the US.

The latest acquisition for Hercules Living includes the purchase of Century Mill Creek in Duluth, a 259-unit apartment community located near the Mall of Georgia now named Dakota Mill Creek. Additionally, Hercules Living purchased Century Brook on Mesa Valley Road in Austell, a 210-unit multifamily community renamed, Chroma Park. Both properties are well-established rental communities; enjoy high occupancy rates and high tenant retention.

Virginia Beach developer, Hercules Living announces the purchase of two multifamily apartment communities in Metro Atlanta. Pictured is one of the properties' clubhouse at Dakota Mill Creek in Duluth, GA.

Virginia Beach developer, Hercules Living announces the purchase of two multifamily apartment communities in Metro Atlanta. Pictured is one of the properties' clubhouse at Dakota Mill Creek in Duluth, GA.

Hercules Living teamed with their development arm, RST Development, LLC, and construction arm, Triangle Construction, both of Rockville, MD, to enhance and upgrade both properties' signage, common area amenities and to add additional assets in the coming months. Award-winning Hercules Living owns and manages over 40 properties, including more than 8,000 apartments in seven states.

"Our most recent acquisitions dramatically expand the depth of market share we enjoy in the Greater Atlanta area. This substantial investment showcases the strength of our commitment to provide high quality, yet affordable housing to Metro Atlanta," said Scott Copeland, principal of RST Development.

New rental applications are being accepted at both properties Monday through Friday 9 am to 6 pm and Saturday 10 am to 5 pm.  The Dakota Mill Creek Leasing Center is located at 2705 Mall of Georgia Boulevard, Buford, Georgia, 30519. Chroma Park's Leasing Center is located at 2105 Mesa Valley Way, Austell, Georgia, 30106.

For more information about Hercules Living, visit www.herculesliving.com.

Media Contact:
Jessica Gillette, Director of Marketing and Talent Development
Hercules Living
168 Business Park Drive, Suite 200
Virginia Beach, VA  23462
Direct: 757.353.1946
jgillette@herculesliving.com