NMS Properties, Inc. Expanding Portfolio with Four New Apartment Communities In Santa Monica

(EstateNewsWire.com, May 25, 2012 ) Los Angeles, CA -- NMS Properties, Inc. (NMS) is planning a major expansion of its portfolio throughout the remainder of 2012, the real estate development and management firm announced today. In the coming months, the firm will introduce four brand-new, state-of-the-art residential properties at top locations in Santa Monica.

The four properties, all of which are currently under development, are NMS@1511 (located at 1511 5th St.), opening in May; NMS@1420 (1420 5th St.) and NMS@1440 (1440 5th St.), both opening in June; and NMS@Lincoln (1447 Lincoln Blvd.), opening in September.

The new properties will be equipped with top-of-the-line amenities including professional-series, stainless steel kitchen appliances. Each property is also accompanied by its very own cutting-edge, interactive website that has recently launched.

NMS@1511 will feature six levels and 28 modern homes for rent. Situated at the prime location of downtown Santa Monica, just a few blocks away from the beach, the property will offer controlled-access entry, subterranean parking, electric-car charging stations and personal-intrusion systems. Each unit will boast European cabinetry, stone counters, Elfa closet systems and hardwood-style flooring throughout.

NMS@1420 will house 50 well-appointed apartments for rent at one of the top locations in Santa Monica. The residential community will feature ultra-modern, well-designed floor plans; subterranean parking; and controlled-access entry. Each unit will come with sleek European wood cabinetry, an in-unit washer and dryer, and modern lighting detail.

NMS@1440 will contain a modern collection of 50 apartments for rent and be located mere blocks away from the Pacific Ocean. Rich in design and detail, the property will have well-designed floor plans, subterranean parking and controlled-access entry. Apartment interiors will be adorned with European wood cabinetry, stone counters and modern lighting detail throughout.

NMS@Lincoln will offer 97 one-bedroom and studio apartments for rent at the epicenter of Santa Monica. Pre-leasing soon, each affordably priced unit will have superior appointments of granite counters, bamboo cabinetry, wood-style flooring, personal-intrusion alarms, and central heating and air conditioning.

NMS Properties, Inc. (NMS) is a privately owned real estate development and management firm that specializes in the acquisition, entitlement, development and management of multi-family and mixed-use properties in the Greater Los Angeles area. The NMS portfolio includes luxury, mixed-use and affordable residential units, along with retail and commercial properties in core L.A. markets.

NMS Properties, Inc. manages more than 40 properties with approximately 1,800 multi-family units, with more units currently being developed. NMS Properties, Inc. also owns approximately 212,000 square feet of commercial space. NMS is an equal housing opportunity provider.

For more information, please contact NMS Properties, Inc. via their media contact.

NMS Properties, Inc.

Marlana Murdock

310-441-3700 x 248

marlana.m@nmspr.com

Source: EmailWire.Com