Ludwig and Company Joins Wharton Equities To Manage Two New Properties; Brings Quality Apartment Homes to Fox Lake and Woodstock Communities

Online, July 7, 2012 (Newswire.com) - Gurnee, Ill. - Ludwig and Company, a leader in the residential real estate industry serving residents across the Chicagoland area, recently were retained to manage and oversee extensive improvements to two established properties in Fox Lake and Woodstock. The two apartment complexes, Timber Oaks and Prairie View, will allow residents to experience comfortable living, signature service and gracious amenities at an affordable price.

Timber Oaks Apartments, located in the Fox Lake/ Ingleside area, offers a variety of floor plans, an optimal location and numerous amenities to suit residents' needs. With six floor plans to choose from, Timber Oaks' has options to suit even the most discerning renter, from individuals and couples to families. The complex sits on a two-acre fishing pond, and boasts an indoor pool, whirlpool and fitness center to be utilized year round. Timber Oaks is currently renovating their clubhouse, which can be rented out for various occasions such as graduation parties, showers and family events. Residents also have the option of renting garages on site. Located in the Fox Lake area, Timber Oaks offers a setting ideal for both convenience to transportation and recreation. The community is just minutes to the vicinity of two Metra stations to help alleviate the burden of a hectic commute. Fox Lake is also a hub of recreational activities, such as boating and biking/hiking trails.

Nestled in a scenic, park-like setting, Prairie View Apartments in Woodstock, Ill. also boasts an advantageous location close to schools, parks and recreation. Designed for a variety of lifestyles, Prairie View offers studio, one, two and three bedroom apartment homes. The complex affords residents full amenities, including appliances, choice of balcony/patio, 24 hour maintenance and a free membership to the Prairie View Health and Recreation Center, the community's very own full service health club complete with a full floor of fitness and weight equipment. This health club is complimentary for residents, but offers passes for the public to purchase, providing an affordable alternative to the commercial health clubs in the area. Prairie View features an indoor and an outdoor pool, as well as a Jacuzzi and an indoor sauna. There are indoor and outdoor basketball courts, tennis courts and new playground coming for children. In an effort to constantly extend amenities for its community members, Prairie View is currently constructing a "bark park" to serve community members who own dogs.

Ludwig and Company through Wharton Equity Partners is excited to add these two new properties to its award winning management portfolio. "We are thrilled to start serving the Fox Lake and Woodstock communities," said Richard Goldstein, Vice President of Ludwig and Company. "It is extremely rewarding when we can bring quality housing to communities and give them a safe, convenient and comfortable place to call home. In an economy that is still bouncing back from a recession, 'luxury' is a term many apartment seekers have crossed off their wish list. With Prairie View and Timber Oaks, this lifestyle is attainable, as both communities bring outstanding value to luxury living."

About Ludwig and Company
Ludwig and Company has been a leader in the residential apartment industry for more than 30 years, building a solid reputation for integrity and expertise in property management. And over the years we have developed a unique blend of residential properties designed to fit a variety of lifestyle and income levels. It is a core belief at Ludwig and Company that everyone deserves a safe and comfortable place to call home. Therefore, a key portion of our business development plan has been in the area of Value Added Housing. To learn more about these two new locations, call to speak to one of our leasing specialists, or visit www.timberoaksapts.com or www.prairieviewapts.com.