National multifamily management firm takes on leasing and management of new development expected in Summer of 2023
DF Multifamily, a division of Drucker + Falk (DF), one of the nation’s most prominent multifamily management companies, has been awarded management of The Falstaff. Located conveniently between downtown Raleigh and major thoroughfares, construction of this stylish, new apartment community is near completion. Drucker + Falk has already begun pre-leasing, and initial move-ins are expected by summer of 2023.
Once complete, The Falstaff will consist of 176 thoughtfully appointed one- and two-bedroom apartment homes with monthly rents starting at $1,200. From striking granite countertops, premium lighting fixtures, and energy efficient stainless-steel appliances to upscale cabinetry and modern mosaic tile backsplashes, The Falstaff promises a contemporary ambience defined by high-quality finishes and alluring gathering hubs. Some of the community amenities available to residents will include 24-hour key fob-controlled entries and elevator access, a 24/7 fitness center, a resident clubroom, and a resort-style pool featuring inviting courtyards, abundant outdoor seating, fireplace, and grill stations.
Located less than eight minutes from vibrant downtown Raleigh, The Falstaff is adjacent to the WakeMed Raleigh campus with convenient access to Raleigh’s popular greenway system, all the area’s best shopping, and NC State University.
The Falstaff represents the first community awarded to Drucker + Falk by Longview Partners. From the project’s inception, Drucker + Falk provided development consulting services including expertise with the designs, layouts, selections, and functions of The Falstaff. The two companies are eager to grow their relationship with future projects.
“We have loved watching and participating in this beautiful community’s evolution. Being selected as the leasing and management partner for The Falstaff is a true honor for our team, and a special property that we are thrilled to add to our Raleigh portfolio,” said Kellie Falk, Managing Director for Drucker + Falk. “We purposely selected Drucker + Falk for their deep market knowledge and careful attention to delivering a design-forward resident experience. Kellie and her entire team are best-in-class professionals. We look forward to delivering an exceptional community,” said Andrew K. Sandman, managing principal of Longview Partners.
About Drucker + Falk
Founded in 1938, Drucker + Falk is a full-service real estate and investment firm managing a diverse portfolio of more than 40,000 apartment homes and more than 3,000,000 square feet of office, retail and industrial space in 12 states. In addition to managing a broad range of properties, including class A+ to affordable apartment communities, mixed-use and all types of commercial properties, Drucker + Falk partners with clients on developing new properties, renovating and repositioning assets, converting historic properties to unique, upscale apartment homes and offers commercial leasing and sales services. For more information visit Drucker + Falk.