Development | Management | Investment | The Franklin Johnston Group

OUR DEVELOPMENTS

We have one of the most experienced and talented development teams in the multifamily industry – having successfully completed over 40 apartment communities with an aggregate value of $700 million. Our executive team has been developing luxury, affordable and senior apartment communities throughout the Southeast for decades, and were among the first in Virginia to begin developing with the Low Income Housing Tax Credit Program of 1986.

Over the years, we’ve gathered a team of architects, engineers and contractors who share our commitment to excellence. Together, we design lifestyles – creating communities with outstanding amenities – from bowling alleys to two-story clubhouses to resort-style pools and top grade fitness centers across Virginia and North Carolina.

Units Developed

Million Built in Value

Combined Years in the industry

FEATURED DEVELOPMENTS

200 West

Coastal 61

Boulevard 45

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200 WEST APARTMENTS

Type: Affordable Size: 264 Units Open Date: August 2019

Two Hundred West is located in Virginia Beach, Virginia. It is a 264-unit affordable community which leased up in just 3 months. The community offers one, two, and three bedroom apartment homes at an exceptional value. There are a variety of amenities including awe-inspiring two-story clubhouse that embodies a state-of-the-art fitness center, fully-equipped custom kitchen, and resort-style swimming pool.

COASTAL 61 APARTMENTS

Type: Luxury Size: 244 Units Open Date: September 2020

Coastal 61 is a luxury community that showcases one-, two- and three-bedroom apartments ranging from 833 to 1,395 square feet. Each apartment features an open floor plan, fully equipped kitchen with stainless steel appliances and granite countertops, custom crown moldings and trim, spa-inspired bathrooms, over-sized walk-in closets, and private patios and balconies. It also includes a rooftop sky park, a two-story clubhouse, resort-style swimming pool and high-end landscaping. The community is open to the public and is also envisioned as a living space for Virginia Wesleyan University students, faculty, and staff.

BOULEVARD 45 APARTMENTS

Type: Luxury Size: 160 Units Ground Breaking: Spring 2023

The luxury apartment community will offer one, two and three-bedroom homes and feature contemporary architecture, a 3-story clubhouse, two outdoor swimming pools and other luxury amenities. The site is in the heart of Virginia Beach and provides quick access to the interstate and proximity to Virginia Beach Town Center. The new community will be approximately 4.9 acres in size with five, 5-story apartment buildings.

WHAT OUR PARTNERS SAY

“Over the course of my career as a real estate investment professional, I have had the privilege to work with several regional and national property management companies. My working experience with TFJG has been by far the most successful property management relationship I have had. We at Croatan Investments view TFJG as a true partner that has been a key contributor to the successes we have had in our investment business.”

- Paul Van, Croatan Investments

“Blackfin has been a client of TFJG for over 2 years now, and during this time, we have come to appreciate the many talents of this organization and its management team. TFJG continues to work hard to raise the bar for their organization and for our properties. We have been fortunate to grow our portfolio with TFJG and they have proven that they have the bandwidth to support our growth with consistent and excellent customer service. We look forward to continuing the relationship for years to come.”

- Doug Root, Blackfin Real Estate Investors, LLC

“We have been working with TFJG from the start. Their experience and professional approach to property management is invaluable. The team mentality that they have built and instilled in their organization is impressive. The success of our investments is a byproduct of their hard work.”

- Brian L. Staub, Marlyn Development Corporation

“We were very fortunate to find The Franklin Johnston Group when we acquired our first asset on the Atlantic coast. We wish that all of our 3rd-party property managers gave the time and attention to our assets that TFJG does. Their professional and detailed operation of our assets would indicate that they are more of a partner than a provider. The prevailing ownership mentality that comes from operating their own sites bleeds over to their clients' assets and we've felt they've always had our interests in mind. We're grateful to be working with them and will continue to give them all of our business in the markets they operate."

- Russ Walker, TableRock Capital