Property Management Deals
Located in the Palm Aire Golf Course community in Pompano Beach, Stellar at Palm Aire consists of 39 new townhomes surrounded by trails and golf course views
Premier multifamily management firm now has footprint in seven states
Allied Orion Group (AOG) has been tapped to manage Trove Eastside, an affordable apartment community in southeast Austin, and Trove Southtown, an affordable community located in San Antonio. The firm is further expanding its growing management portfolio and presence in both the Austin and San Antonio markets by adding an additional 532 units. Both communities are owned by Trinsic Residential Group.
Ashcroft Capital (“Ashcroft”), a vertically integrated multifamily investment firm, today announced the closing of a strategic partnership (the “Partnership”) with institutional investors including investment funds advised by Goldman Sachs Asset Management and Blackstone Strategic Partners. The Partnership will provide liquidity to existing investors across the Ashcroft portfolio in addition to funding future acquisitions. The Partnership expects to invest in value-add multifamily properties throughout the Sun Belt markets, and Ashcroft currently anticipates that the Partnership will acquire real estate assets with an aggregate cost of $800 million.
Premier multifamily management firm to oversee trendsetting developer’s Spoke-branded projects in Charlotte and Georgia
Chicago, IL – Peak Properties, LLC continues its expansion of management accounts focused on nontraditional student housing in Evanston with a three-building portfolio totaling 105 apartments and five commercial spaces.