Redwood Apartment Neighborhoods News
Redwood Apartment Neighborhoods
Recent News
Redwood 2025 Mid-Year Update: Growth, Recognition and a Continued Focus on People
As Redwood Living, Inc. reaches the midpoint of 2025, the company is proud to report continued growth, meaningful milestones and an unwavering commitment to its people-first mission. From neighborhood development to national recognition, Redwood’s momentum reflects both strategic execution and a deep investment in culture.
“At Redwood, growth means more than expansion — it’s about results,” said Steve Kimmelman, founder and CEO of Redwood. “We do so through the neighborhoods we build, the team members we support and the residents we serve. I’m proud of how far we’ve come, and even more excited about where we’re headed.”
Reaching 20,000 Homes — and Counting
Earlier this year, Redwood celebrated a major achievement: surpassing 20,000 apartment homes across its growing national portfolio.
“Reaching 20,000 homes reflects the strength of our team, our partners, and the continued demand for what we build,” said Kimmelman. “Every neighborhood is built with a focus on quality and the resident experience.”
Redwood’s growth continues across the Midwest and Carolinas. So far in 2025, the company has opened four new neighborhoods:
Six more neighborhoods are scheduled to open by the end of 2025:
- Redwood Delaware Merrick Blvd (OH)
- Redwood Whiteland (IN)
Additionally, Redwood Obetz (Phase 2) opened earlier this year, and new phases are coming soon at Redwood Washington Township (Phase 3), Redwood Comstock Township (Phase 2), and Redwood Vandalia (Phase 2).
Across its stabilized portfolio, Redwood continues to see strong performance, with average occupancy holding steady at 96%.
“Our strategy of focused and phased expansion is designed to meet demand without compromising quality,” added Kimmelman. “We remain focused on neighborhoods that truly feel like home, in locations where people want to live.”
Investing in the Redwood Team
Through mid-2025, Redwood welcomed 103 new employees and celebrated 31 internal promotions, many tied to continued education and certification.
Redwood’s commitment to internal development is reinforced by a growing lineup of employee training programs:
- HVAC 201 – EPA Certification Test Prep: Advanced HVAC courses for service team members
- Neighborhood Manager in Training (NMIT): An ongoing program that helps prepare candidates for Neighborhood Manager roles
- Redwood Operational Leadership Experience (ROLE): A 12-month program that provides a pathway toward future Redwood leadership opportunities
The company also launched Redwood All-Star, a quarterly recognition awarded to one standout from the Rock Star program. All-Stars receive several perks, including automatic eligibility for Ambassador of the Year, which includes a travel experience of the winner’s choosing.
This year also saw the debut of the 100 Club Hall of Fame, honoring team members who achieve 100% survey participation and satisfaction in resident feedback.
“Our culture drives results,” said Kimmelman. “Investing in our people raises the standard across the organization.”
Recognized for Excellence
Redwood’s people-first mindset continues to earn recognition at both the national and local levels. Recent awards include:
- Multifamily Development of the Year for Redwood Bellevue South 25th Street – CoStar Impact Award
- Best Overall Operator – 2024 Resident Choice Awards
- Top Online Reputation Management Performer – J Turner Research and Multifamily Executive
- Multiple workplace culture recognitions – Read more
Giving Back and Moving Forward
Redwood’s culture of care extends beyond its neighborhoods and into the communities where its team members live and work. Midway through 2025, Redwood team members have logged 655 hours of company volunteer time off (VTO) and an additional 99 hours of personal VTO, reflecting the company’s deep-rooted commitment to service.
From neighborhood development and team growth to recognition and community impact, Redwood’s first half of 2025 paints a clear picture: strong results, steady expansion and a clear focus on what matters most.
“What we build matters, but it’s the lives we impact that define our purpose,” said Kimmelman. “As we look to the second half of the year, we remain committed to creating places people are proud to call home. We’re focused on building a workplace culture that reflects our core values and making a lasting difference in the communities we serve.”