Property Management Deals
The firm originated $148 million in preferred equity and bridge loan financing during the quarter with momentum carrying into Q2
Greystone, a leading national commercial real estate finance and development company, has secured two long-term leases at its mixed-use properties in Park Slope and Harlem in New York City.
Leading residential property management company adds Palm Isles I, II and III and Southwind Estates Association in Boynton Beach
Construction on the Portland area’s 12 Mile Crossing, an 82-unit multifamily project, is nearing completion – with San Diego-based Sunrise Management taking over the lease-up and day-to-day management activities.
Allied Orion Group has been selected by GenWealth Capital Group to manage Sutter Ranch Apartments, a 288-unit apartment community located in Northwest Houston. The firm continues to expand its rapidly growing property management portfolio in the Houston market with its second management deal with GenWealth Capital Group.
Dermot Company makes initial foray into state with Seabourn Cove in Boynton Beach
Allied Orion Group was chosen by BGC Advantage in partnership with The Housing Authority of Springfield to manage Keystone Family Homes in Springfield, Missouri—a 297-unit, redevelopment project to enhance efforts to preserve affordable housing in the area.
Atlanta/Cypress, Texas – Stonemark is now managing, and will supervise the renovation of, Cantera at Towne Lake Apartments in the Houston suburb of Cypress, Texas. The gated 366-unit community offers one-, two-, and three-bedroom garden-style and townhouse apartments within walking distance to shopping, dining and entertainment options.
Allied Orion Group has been chosen to manage Los Prados Apartments, a 264-unit affordable apartment community located in North Houston. The firm continues to expand its property management portfolio in the Houston Market.
Atlanta/Greer, S.C. – The Lofts by the Lake at Apalache Mill in Greer, S.C. is now being managed by Stonemark Management. The five-story luxury community is in a renovated 19th-century textile mill on 7.5 acres in the foothills of the Blue Ridge Mountains. It features 97 spacious one- and two-bedroom apartments. All four of the floor plans have high ceilings and lofts.