Ribbon cut at The Oaks at Georgetown
Flanked by members of the Town of Georgetown government, including Mayor Bill West, the Jack Lingo Asset Management team officially cut the ribbon on their 138-unit apartment community Feb. 27 at The Oaks at Georgetown.
“The Oaks represents a large private investment aimed at bringing quality, attainable housing to the Sussex County and Georgetown markets,” noted Bill Lingo, a principal of JLAM. “We’re proud of what we’ve accomplished thus far with The Oaks, and look forward to what the future holds.”
JLAM has completed four of six three-story apartment buildings, and plans to deliver the final two buildings in March and April 2020, respectively. The units are pet-friendly and feature luxury vinyl plank flooring, granite countertops, washer/dryers, and each has a patio or balcony. Community residents will also benefit from use of the community clubhouse, complete with a fitness center, kitchen, and pool.
To date, JLAM’s affiliate property management company, Windward Communities, has leased 55 units. Sherri Garyantes, JLAM and Windward’s Multifamily Group manager, noted that “demand is strong for high-quality market-rate apartments, and we feel we’ve hit that mark.”
JLAM is Delmarva's market leader in land development and real estate investment activities. The company focuses on creating value at each stage of the development process, while leveraging the team's 100+ years of combined real estate and finance experience to deliver successful projects and generate positive returns (www.jacklingoam.com).
For more information on The Oaks at Georgetown, visit www.oaksatgeorgetown.com or call 302-856-2620. The leasing office is located at 24015 Crab Apple Court, Georgetown.
