PEM Acquires Huntleigh Woods and Ashford Place

PEM is excited to announce its closing of Huntleigh Woods and Ashford Place, a combined 401-unit apartment home portfolio in Mobile, Alabama. Ashford Place and Huntleigh Woods are located in one of Mobile’s most affluent submarkets, yielding high demand for multifamily product. PEM closed on this transaction on September 11th, 2014. PEM Residential will manage both Huntleigh Woods and Ashford Place.