Tampa, FL Based American Landmark Apartments Acquires 295-Unit Multifamily Community in Summerville, SC

Summerville, S.C. (June 11, 2026) – American Landmark Apartments (“American Landmark”), one of the nation’s leading multifamily investment managers and owner-operators, has acquired Azure Carnes Crossroads, a 295-unit apartment community located in Summerville, South Carolina within the Charleston MSA. The property further expands American Landmark’s footprint in one of the Southeast’s most dynamic and supply-constrained suburban markets. 

The acquisition marks American Landmark’s fifth property in the Charleston metro area, strengthening the firm’s presence and continued confidence in South Carolina’s high-growth corridor. The Summerville submarket has emerged as one of the region’s most sought-after residential destinations, driven by robust population growth, expanding employment opportunities, and sustained in-migration from across the Southeast. 

“Azure Carnes Crossroads represents a compelling opportunity to acquire a high-quality, well-located asset in one of the Sunbelt’s most compelling suburban growth markets,” said Joe Lubeck, Chief Executive Officer at American Landmark Apartments. “Summerville and the broader Charleston MSA continue to benefit from exceptional demographic tailwinds, a diversified employment base, and sustained household formation. This acquisition is fully aligned with our strategy of investing in institutional-quality communities where disciplined asset management and operational execution can drive long-term value.” 

Built in 2020, Azure Carnes Crossroads features one-, two-, and three-bedroom units offering granite countertops, walk-in closets, dishwasher, stainless steel appliances, private patios or balconies, and in-unit washer/dryer. Amenities include a resort-style swimming pool, a state-of-the-art fitness center, and thoughtfully designed resident gathering spaces including a cabana, courtyard, and dog park. 

Situated at 900 Conway Circle, Azure Carnes Crossroads brings residents near multiple transit routes and employers. US-17A and Interstate 26 are less than five minutes and 15 minutes away, respectively, providing direct access to greater Charleston. 

Nearby employers include Volvo Cars, Boeing, and the Medical University of South Carolina (MUSC) Health system, all accessible within a convenient commute. Downtown Charleston and Charleston International Airport are approximately 30–35 minutes away. 

For more information on American Landmark, please visit www.alapts.com

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About American Landmark

American Landmark is an institutional investment manager and vertically integrated multifamily platform that owns and operates more than 36,000 units comprising more than $7 billion in gross asset value under management. 

Over 30 years and 100,000 units, American Landmark has focused on the disciplined acquisition and management of value-add multifamily properties located in high-growth markets across the U.S. Sunbelt, including Florida, Texas, Georgia, North Carolina, South Carolina, Tennessee, Arizona, and Virginia. 

American Landmark is committed to providing excellent service and outstanding living environments to residents and to delivering consistent, attractive risk-adjusted returns to its investors and partners. The firm has been recognized as a top multifamily owner and workplace, including rankings as #27 on the NMHC Top 50 Largest Apartment Owners (2026) and #95 on the PERE 200 list of the largest private equity real estate managers (2025), as well as designations as a Freddie Mac Multifamily Optigo Select Sponsor (2026) and a USA Today Top Workplace (2025). 

For more information, please visit www.alapts.com. 

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