Axiom Acquired by Excelsior Communities

Excelsior Communities is proud to celebrate a successful year of third-party management of Summit Knolls. Over the past year, we have implemented significant improvements in marketing, tenant relations, maintenance, and accounting, enhancing the overall experience for residents and the community. Since taking on the management of Summit Knolls, Excelsior Communities has focused on delivering top-notch services and fostering a vibrant, well-maintained living environment. Our dedicated team has worked diligently to elevate the standards of property management through the following key areas: Marketing: Our strategic marketing efforts have not only increased occupancy rates but also attracted a diverse and dynamic tenant base, ensuring a thriving community. Tenant Relations: We have prioritized open communication and responsive service, strengthening relationships with our residents and building a supportive community atmosphere. Maintenance: Our commitment to excellence in maintenance has resulted in timely repairs, regular upkeep, and enhancements to the property, contributing to a safe and pleasant living environment. Accounting: With robust accounting practices, we have ensured transparency, accuracy, and efficiency in financial management, benefiting both the property owners and residents. "We are thankful for this great partnership with Summit Knolls and are proud of the progress we've made over the past year," said Ami Notis, Vice President of Excelsior Communities. "Our team is dedicated to continuous improvement and we look forward to many more successful years ahead." Excelsior Communities remains committed to providing exceptional property management services and fostering positive living experiences for all residents. We are excited about the future and the continued growth and success of Summit Knolls. For more information about Excelsior Communities and our management services, please visit excelsiorcomm.com or contact our Vice President, Ami Notis . Excelsior Communities is a New York City-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in the US and across the European continent. Contact: Cathy Craft, Marketing Coordinator marketing@excelsiorcomm.com (585) 244-7368 ext. 8100

In an exciting development, Excelsior Communities is thrilled to announce that Alta Brewers Hill has transformed into Axel Brewers Hill! This name change marks a new chapter in the history of our upscale urban community, as we continue to redefine luxury city living in Baltimore. Axel Brewers Hill is more than just a new name; it's a symbol of the elevated living experience we are committed to providing our residents. With this transformation, we invite you to join us on a journey filled with comfort, convenience, and a renewed sense of community. At Axel Brewers Hill, we are committed to providing modern luxury at its finest in the heart of the city. Our newly christened community is more than just a place to live; it's a destination where you can thrive, socialize, and create lasting memories.  For more information about Axel Brewers Hill, please visit our website at www.axelbrewershill.com, or contact our leasing office at (667) 677-9100to schedule a tour and experience the transformation firsthand. Excelsior Communities is a New York City-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in the US and across the European continent. Contact: Cathy Craft, Marketing Coordinator marketing@excelsiorcomm.com (585) 244-7368 ext. 8100

Excelsior Communities is pleased to announce the addition of The Belvedere to their portfolio. The Belvedere is a 55 and older resort-style rental community that offers an active alternative to traditional senior living. Starting at 1,050 square feet, each apartment features open floor plans with 9-foot ceilings, full-size in-unit washer and dryer along with an oversized patio or balcony. The Belvedere is nestled in the suburbs of Buffalo, located along the Clarence and Williamsville border. Belvedere residents have ample access to shopping, dining, and entertainment experiences. Residents enjoy a full calendar of activities, including Paint and Sip events, day trips, and holiday festivities. The property features a fitness center with 24/7 access, fitness classes, an in-house Pub, which provides pool, drinks, and snacks with friends new and old. Whether you're enjoying a dip in the heated, saltwater outdoor pool or swinging your best shot at the indoor golf simulator, you can truly live life to the fullest at the Belvedere. Ami Notis, Regional Manager at Excelsior Communities says "We are thrilled to continue our expansion to the Buffalo market. We look forward to serving the 55+ community by improving their welfare through top-of-the-line service and amenities. We hope for this to be the first of many projects in this great market." Excelsior Communities is a Rochester-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company currently manages eight housing communities in the Rochester area, with another two in Maryland. Excelsior is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in Israel and across the European continent. Contact: Cathy Craft, Marketing Coordinator marketing@excelsiorcomm.com (585) 244-7368 ext. 8100

Excelsior Communities is pleased to announce the addition of the historic Medical Arts Building on Alexander Street to their portfolio. The building has a long-standing history in Rochester, built in 1929, and is currently a residential, commercial, and retail space. The Excelsior Communities team plans to transform the Art-Deco architectural structure into the only “Live, Work, Play” property in the Alexander & Park neighborhood. Tenants will be able to conveniently enjoy the best of the city of Rochester, right from their homes. In addition to the residential spaces that will be completely renovated, Excelsior Communities plans to revitalize the current commercial spaces to bring the property up to the company’s standards and will rename the space “The Deco at Medical Arts”. Ami Notis, Regional Manager at Excelsior Communities says “This is an exciting project for our team. We see real potential in this property and plan to bring something different to the East, Park & Alexander area. We’re looking forward to creating a true LIVE, WORK, PLAY space in this desirable part of downtown Rochester.” Excelsior Communities is a Rochester-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in the United States and across the European continent. Contact: Katie MacAllister, Marketing Coordinator Marketing@ExcelsiorComm.com (585) 244-7368 ext. 8100

Excelsior Communities is pleased to announce the acquisition of the luxury apartment complex Alta Brewers Hill in Baltimore, Maryland. Built in 2020, Alta Brewers Hill is a 371-unit, high-end property located in the desirable Brewers Hill neighborhood of Baltimore City County. The property features pristine contemporary design throughout, with luxury amenities such as a resort-style pool, two fitness centers, cafe & lounge spaces, a social courtyard with grills, dog park & spa, Virtual Sports Center & much more. Alta Brewers Hill has an outstanding location right outside of the Baltimore metropolitan, with unbeatable access to the waterfront and nearby commuter routes. The property is nestled in the historical Brewers Hill neighborhood, which takes its name from the landmark breweries it was once home to. Excelsior Communities will be re-naming the property Aura Brewers Hill, as they continue to enhance the living experience for its residents. Ami Notis, Regional Manager at Excelsior Communities says “We are excited to acquire our second Baltimore-area property, continuing our company’s expansion into Maryland. We’re committed to maintaining our company’s mission of bringing quality apartments and a customer-focused management style to various regions around the country.” Excelsior Communities is a New York City-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in the US and across the European continent. Contact: Katie MacAllister, Marketing Coordinator Marketing@ExcelsiorComm.com (585) 244-7368 ext. 8100

Excelsior Communities is pleased to announce the acquisition of The Brock apartment community, a 114-unit multifamily property near the SUNY college campus in Brockport, New York. Under Excelsior's ownership, the Brock will be transformed into a high-end, fully amenitized apartment development, addressing a pent-up need for luxury apartment living in the region, where presently no such property type is available to local residents. New property features will include a resort-inspired swimming pool, two state-of-the-art fitness centers as well as other upscale amenities Ami Notis, Regional Manager at Excelsior Communities says “We have big plans for The Brock and are excited to get to work on the revitalization of this property. We’re looking forward to introducing these luxury apartments to the Brockport area, along with our customer-focused management.” Excelsior Communities is a Rochester-based company, with various affiliates having diverse holdings in the multifamily and healthcare real estate sectors in core markets across the US. The company currently manages eight housing communities in the Rochester area, with another two in Maryland. Excelsior is well recognized for its consistent, outstanding investment track record with a 50-year legacy, drawing upon its proven expertise from the firm's historical roots in Israel and across the European continent. Contact: Katie MacAllister, Marketing Coordinator marketing@excelsiorcomm.com (585) 244-7368 ext. 8100