FOR IMMEDIATE RELEASE

Contact: Kim Ingram
(713) 468-4162 x26
kim@lsrcommunities.com

Recreation-friendly apartment homes have new ownership in South Florida

CORAL SPRINGS – (May 9, 2017) Following a $68.2 million sale, Sherwood Forest is now in the hands of New York’s Abacus Capital Group, which also owns properties in states such as Texas, Minnesota, and Arizona. Property management company, LSR Communities sold Sherwood Forrest earlier this year, in order to focus on its other regional and national rental properties.

Located at 1599 NW 91st Avenue in Coral Springs, Sherwood Forest has been one of several examples of LSR Communities’ commitment to quality housing. The company’s leadership is proud to see its tradition of excellence carried on by another owner. “Sherwood Forest has been an important part of the LSR family for years,” said Group LSR President Ben Lemieux. “After the time we have spent building it into a highly desired complex that its residents could enjoy, we are pleased to see Abacus Capital, as well as future residents benefit from its continued growth and success.”

Residents of the 400-unit Sherwood Forest have experienced luxuries such as a 24-hour fitness center, tennis court, two swimming pools, and valet trash service. Plans for future amenities can be directed toward property management at (954) 344-6226 or the Head Office for Abacus Capital Group.

LSR Communities still manages several desired rental properties in South Florida, specifically in Boca Raton. Its communities include Carriage Walk, Crown Court, Dunes of Boca and Keith Gardens, which are conveniently located within a short drive or walk of the city’s most sought-after restaurants, stores, and recreational settings. For more information on these properties, visit www.lsrcommunities.com.

About LSR Communities
With multiple communities in Houston, Texas, in addition to several apartment properties in the Palm Beach County, Florida, area, LSR Communities deliver competitive services and amenities to their tenants. Each community is located in high-energy neighborhoods while still providing a world of sanctum and relaxation within its gates. www.lsrcommunities.com.

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