Princeton Enterprises Purchases Willow Way Apartments
ORCHARD LAKE, Mich., Sept. 23, 2010 — Princeton Enterprises, an Orchard Lake, Mich.-based real estate investment and management firm, recently announced the purchase of Willow Way Apartments in College Park, Ga. Princeton Enterprises Founder and CEO, Matthew B. Lester, made the announcement.
The 304-unit community offers apartment living conveniently located within the Atlanta metropolitan area. Willow Way features one, two and three bedroom town home floor plans.
“Willow Way Apartments offers best in class amenities for its market and is situated south of downtown Atlanta, close to local shopping, dining, public transportation and Hartsfield-Jackson Atlanta International Airport, the country’s largest airport,” said Lester. “Expanding Princeton Enterprises’ presence in Georgia is an important goal for our company, and this purchase was a great next step for us.”
The transaction closed during third quarter 2010.
About Princeton Enterprises
Princeton Enterprises, L.L.C. is a premier real estate investment and management firm based in Orchard Lake, Mich. that specializes in real estate acquisition, development, construction, finance, court-appointed receivership and property management. Founded in 1994 by West Bloomfield, Mich. attorney Matthew B. Lester, the company has grown to nearly 400 employees, overseeing more than 65 properties and over 12,500 individual apartment units in Michigan, Ohio, Indiana, Georgia, North Carolina and South Carolina.