Seneca at Cypress Creek Opens in Tampa Bay, Fla.

Charleston, S.C. (July 23, 2009) – Demonstrating a continued track record of success and excellence, Greystar Real Estate Partners announced the opening of Seneca at Cypress Creek, a luxury apartment complex in Tampa Bay along Florida’s west coast. This latest development from one of the fastest growing multifamily real estate companies in the industry adds more than 450 units to a nationwide portfolio that exceeds 140,000.

“Greystar has the capability to study each market locally while utilizing a national perspective to pinpoint the best development opportunities,” said Scott Wise, Executive Director, Greystar Development Group. “While our development team has done an excellent job creating a remarkable multifamily property, our management team is already on the ground making Seneca a new home for many Floridians.” 

Seneca’s residences range from one-bedroom 722 square foot garden apartments to 1,611 square foot 3-story townhomes. Each unit is equipped with energy efficient windows and appliances, “wood plank” flooring, fully equipped kitchens and washers and dryers. The impressive architecture includes open floor plans, kitchen islands featuring built-in wine racks, crown molding, arched doorways and hardwood cabinets. 

Seneca features lush, local landscaping amidst groves of majestic live oaks, multiple scenic ponds and a nature/wildlife preserve bordering the Cypress Creek. Residents enjoy three park areas featuring dog “bark parks,” a playground and abundant walking trails. The resort-style pool area features three pools, grills, an outdoor fireplace and a large screened porch. The fitness center is equipped with the latest in Life Fitness cardio and strength equipment, pilates equipment, a Wii Fit, a children’s play room and a spin training center featuring LeMond spin bikes. 

“From the quality construction to the high-end amenities, Seneca at Cypress Creek is a true testament to Greystar’s proven record of excellence,” said Bob Faith, Chairman and CEO of Greystar. “Our locally based, highly trained management team will ensure Seneca’s sustained growth.” 

For more information, visit http://senecaatcypresscreek.com. 

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About Greystar
Greystar Real Estate Partners is a fully integrated company offering expertise in multifamily management, development and investment throughout the United States. 

Greystar was founded in 1993 with the intent to become a provider of world-class service in the multifamily real estate business. Greystar’s innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. Because the Greystar business model includes both investment and service-oriented businesses, the company is able to maintain a constant presence in local markets and create value in all phases of the real estate cycle.

Headquartered in Charleston, S.C., Greystar manages 140,000 units in 88 markets with a team that is more than 4,000 strong and growing. Greystar has invested more than $2.9 billion in multifamily investments since its inception.

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