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BigText Westplan Investors handles your personal data carefully and securely. If you complete one of the contact forms on Westplan.com, your data will be processed and stored in our Contact Management System, so we can maintain a relationship with you and inform you about new products from Westplan Investors.
Content title
BigText Westplan Investors handles your personal data carefully and securely. If you complete one of the contact forms on Westplan.com, your data will be processed and stored in our Contact Management System, so we can maintain a relationship with you and inform you about new products from Westplan Investors.
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Operating Projects
Westplan is operating in economically strong and fast-growing cities in the southeastern U.S., including Atlanta, Nashville, Charleston and Charlotte.
Result
The Accent Morningside project has since been completed and fully leased. After about 3 years, the complex was sold for more than $54 million, this significantly exceeded the original proforma price of $214,000 per unit. At the start of the investment, we assumed a selling price of $214K per home. Accent 2050 has also been completed and once it reaches stabilization it will also be sold.
Westplan, experienced in American multifamily real estate
Westplan Investors is a private real estate development and investment company that has been active in the U.S. apartment market for more than 25 years. The goal of Westplan is simple and unwavering: to maximize the return for our investors, while identifying and mitigating risk to the greatest extent possible.
Our Core Values
Our core values are not just hollow words. We behave accordingly. Day in and day out.
We keep our commitments and do not delay
We do what we say, and we say what we do. Delivering with unwavering conviction. Procrastination is not a virtue.
Be present. Be personable
Each contact and every relationship is personalized. Put the effort into personally connecting with one another at every opportunity.
Consistent and reliable in every effort
Our reputation is built and sustained through these two disciplines. The markets, our clients and our partners do not like surprises.
Honesty and transparency in every relationship
Deals and relationships should be beneficial to all parties. No games. Nothing is hidden and nothing is misleading.
Collaboration and cooperation over litigation - partners, not opponents
We work for and with people, not against them. Litigation is a last resort.
Socially and environmentally responsible in word and deed
We always seek to understand the environmental and social impact of our work. We do the right thing for people and the planet.
Development
Westplan Cheshire Bridge Apartments includes the development of two Class A apartment complexes: Accent Morningside and Accent 2050. The complexes are situated diagonally opposite from each other on Cheshire Bridge Road in Atlanta, Georgia. There is a total of 437 units. Cheshire Bridge is a transitioning area that lies between two popular and economically strong business districts.
Key data
| Developer | Westplan Investors |
| Investment date | December 29, 2016 |
| Foundation costs | $76.8M |
| Construction lenders | $26.7M Wells Fargo $21.8M Renasant Bank |
| Equity invested | $28.3M |
| Original return | 14.5% IRR p/y |
| Original duration | 3 years |
Site content
BigText Westplan Investors handles your personal data carefully and securely. If you complete one of the contact forms on Westplan.com, your data will be processed and stored in our Contact Management System, so we can maintain a relationship with you and inform you about new products from Westplan Investors.
Ownership of site and trademarks
BigText Westplan Investors handles your personal data carefully and securely. If you complete one of the contact forms on Westplan.com, your data will be processed and stored in our Contact Management System, so we can maintain a relationship with you and inform you about new products from Westplan Investors.
Site content
BigText Westplan Investors handles your personal data carefully and securely. If you complete one of the contact forms on Westplan.com, your data will be processed and stored in our Contact Management System, so we can maintain a relationship with you and inform you about new products from Westplan Investors.
Ownership of site and trademarks
BigText Westplan Investors handles your personal data carefully and securely. If you complete one of the contact forms on Westplan.com, your data will be processed and stored in our Contact Management System, so we can maintain a relationship with you and inform you about new products from Westplan Investors.
Site content
BigText Westplan Investors handles your personal data carefully and securely. If you complete one of the contact forms on Westplan.com, your data will be processed and stored in our Contact Management System, so we can maintain a relationship with you and inform you about new products from Westplan Investors.
Ownership of site and trademarks
BigText Westplan Investors handles your personal data carefully and securely. If you complete one of the contact forms on Westplan.com, your data will be processed and stored in our Contact Management System, so we can maintain a relationship with you and inform you about new products from Westplan Investors.
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Actieve huurwoningprojecten
Westplan is actief in economisch sterke en snelgroeiende regio’s en steden in het zuidoosten van de VS, zoals Atlanta, Nashville, Charleston en Charlotte.
Result
The Accent Morningside project has since been completed and fully leased. After about 3 years, the complex was sold for more than $54 million, this significantly exceeded the original proforma price of $214,000 per unit. At the start of the investment, we assumed a selling price of $214K per home. Accent 2050 has also been completed and once it reaches stabilization it will also be sold.
