Le Lézard
Subject: Business Update

Concierge Apartments in Rocky Hill, CT Experiences Record Leasing Activity in June, July and August


Two Coast Living, a residential property management company, is pleased to announce that Concierge Apartments in Rocky Hill experienced record leasing activity in June, July and August 2023.

During this three-month period, both the number of interested renters who visited Concierge Apartments and the number of people who signed new leases reached their highest levels since January 2020. The consistent strong interest in the 544-unit community, located at 98 Cold Spring Road, can be attributed to ongoing strategic capital improvements that have beautified the property and enhanced the resident experience.

Concierge Apartments is also one of few offering attainably-priced housing in an area plagued by affordability challenges. The property's numerous amenities ? including a resort-style pool, state-of-the-art fitness center, heated indoor swimming pool with jacuzzi and renovated clubhouse ? and competitive pricing enables it to attract a growing population of underserved renters.

Since taking over management of Concierge Apartments in 2013, Two Coast Living has overseen the investment of approximately $10 million to improve the property's units, exterior and landscaping. These improvements, together with Two Coast Living's hands-on property management approach, have driven consistently high resident satisfaction and occupancy.

Two Coast Living expects the strong leasing activity at Concierge Apartments to continue into 2024, further enhancing the property's status as a preferred destination for quality rental housing in the Hartford area.



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