Landmark Apartment Trust of America Fuels Growth with $443 Million Investment

- Adds considerable scale to portfolio bringing total number of units owned to approximately 24,000 - - Strengthens position as one of the premier multifamily operators in the Southern United States - - Brings total 2013 acquisitions to more than $1 billion -

Landmark Apartment Trust of America, Inc. (the "Company") today announced it has acquired 13 apartment communities and seven joint venture ownership interests in apartment communities throughout the Southern U.S. for a total investment of approximately $443 million in the fourth quarter. Collectively, the communities contain 7,261 units and are 94 percent occupied. The Company's total 2013 acquisition activity includes 50 communities containing 15,868 units, representing approximately $1.04 billion in transaction value.

The Company also acquired two additional communities containing 528 units in total in the fourth quarter on behalf of Timbercreek U.S. Multi-Residential Opportunity Fund #1 in conjunction with its investment partner Timbercreek Asset Management Inc. At closing the Company became property manager of the two communities, bringing the total number of properties it manages to 103 communities containing more than 32,000 units.

"This year marks one of the strongest in our operating history," said Stanley J. Olander, chief executive officer of Landmark Apartment Trust of America. "Our success has been driven by the experience of our management team and our straightforward acquisition strategy that focuses on select Sunbelt metropolitan markets poised for sustained economic growth. We are pleased to end the year on a positive trajectory and remain focused on expanding our portfolio in 2014."

"Since completing the recapitalization in late 2012, our goal was to add meaningful scale to the portfolio by prudently deploying capital to purchase apartment communities that provide stable cash flows in markets characterized by strong employment and demographic fundamentals," said Joseph Lubeck, executive chairman of Landmark Apartment Trust of America. "In 2013, we have demonstrated an impressive track record of success and are well positioned to carry out our strategic initiatives in the future."

A list of the twenty apartment communities the Company has acquired or agreed to acquire in the fourth quarter can be found below:

		Property Name			Location			# of Units
		Landmark at Rosewood			Dallas, Texas			232
		Landmark at Sutherland Park			Plano, Texas			480
		Landmark at Collin Creek			Plano, Texas			314
		Landmark at Lake Village North			Garland, Texas			848
		Landmark at Lake Village East			Garland, Texas			329
		Landmark at Lake Village West			Garland, Texas			294
		Landmark at Laurel Heights			Mesquite, Texas			286
		Landmark at Courtyard Villas			Mesquite, Texas			256
		Landmark at Grayson Park			Tampa, Fla.			408
		Landmark at Avery Place			Tampa, Fla.			264
		The Fountains			Palm Beach Gardens, Fla.			542
		Landmark at Woodland Trace			Casselberry, Fla.			384
		Landmark at Maple Glen			Orange Park, Fla.			358
		Landmark at Waverly Place			Melbourne, Fla.			208
		Landmark at Deerfield Glen			Hoover, Ala.			320
		Landmark at Lancaster Place			Calera, Ala.			240
		Landmark at Bella Vista			Duluth, Ga.			564
		Landmark at Grand Oasis			Suwanee, Ga.			434
		Landmark at Coventry Pointe			Lawrenceville, Ga.			250
		Landmark at Chesterfield			Charlotte, N.C.			250

The two properties acquired on behalf of Timbercreek U.S. Multi-Residential Opportunity Fund #1 are as follows:

		Property Name			Location			# of Units
		Landmark at Lake Ellenor			Orlando, Fla.			296
		Landmark at Alexander Pointe			Orange Park, Fla.			232

Landmark Apartment Trust of America currently owns a total of 69 properties located throughout Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, Texas and Virginia.

About Landmark Apartment Trust of America, Inc.:

Landmark Apartment Trust of America, Inc. is a Tampa, FL-based real estate investment trust (REIT) that owns and operates more than 20,000 apartment units, and provides management services for an additional 12,000 units owned by affiliates, located throughout the Southern United States. The Company aims to unlock hidden value and unrealized cash flow through the below market acquisition and repositioning of mid-income multifamily properties in targeted Southern markets, where the management team can apply its expertise to create a competitive advantage. For more information about Landmark Apartment Trust of America, Inc. please visit http://www.latapts.com/.

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