Theresa Margaris |
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Wednesday, March 31, 2021
Hold-Thyssen Assists Label Manufacturer’s Florida Expansion with New Sales Office in Tampa’s Westchase Commons
The Bee Gees Robin Gibb Mansion in Long Island, NY for Sale at $12.9 Million
Barry (top), Maurice (bottom) and Robin (center) Gibb. (Photo courtesy: (Sean O’Meara/Getty Images and Billboard) Credit... |
The Long Island waterfront home where Robin lived in the 1970s
and ‘80s is for sale with an asking price of $12.9 million.
Former Bee Gees Mansion in Long Island, NY, built in 1926and named “Kenjockety,”which is Native American for “Far from Noise.” |
Arthur H. Fleming, 1920 (photo courtesy Wikipedia) |
They
included St. Bartholomew’s Church in New York City, the Chapel at West
Point, the Nebraska State Capitol and the Rockefeller Library at the University
of Chicago.
Fleming
spared no expense when it came to his daughter. From location to landscaping,
not a detail was overlooked, according to TopTenRealEstateDeals.com.
Sited
on a bluff on almost seven acres, Kenjockety has views of Oyster Bay and Cold
Spring Harbor across Long Island Sound.
Christie Brinkley |
Angelina Jolie |
Billy Joel |
Jerry Seinfeld |
Bonnie Williamson |
Walls throughout the structure have Venetian plaster, and wood used in all the rooms is mahogany, including the custom-closet systems.
Lauryn Koke |
In 1975, they moved to Miami and relaunched the group with their new disco sound, made forever famous with their soundtrack for the movie Saturday Night Fever.
One of the best-selling albums of all time, Saturday Night Fever won five Grammy Awards with songs including “Staying Alive” and “Night Fever.”
After Maurice died
in 2003, Barry and Robin continued to perform occasionally, both individually
and as a duo, until Robin became ill.
Robin was one of the
many celebrities who have been drawn to the area, including Christie
Brinkley, Billy Joel, Angelina Jolie and Jerry Seinfeld.
Listing
agents for the Kenjockety estate are Bonnie Williamson and Lauryn Koke of
Daniel Gale Sotheby’s International Realty, Cold Spring Harbor, New York.
CONTACT:
Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone: 336-459-3728
Twitter: @toptenrealestat
facebook.com/toptenrealestat
Photos: https://www.dropbox.com/sh/ijyrm923x75ic38/AAA5XA-8iPZUvND36_Yzf8fua?dl=0 ;
Source: www.danielgale.com
YouTube: https://www.youtube.com/watch?v=NKYQtNFh0Ck
Photo Credit: Tyler Sands, Sands Media House
YouTube Credit: Sean Evans, @evvo1991 backtothemovies.com/
Source: TopTenRealEstateDeals.com
Comunidad Partners and Nuveen Acquire 603-Unit Affordable Multifamily Asset in "the most diverse square mile in America"
Pamela West |
CLARKSTON, GA — Comunidad Partners, a minority and women-owned real estate investment firm that specializes in workforce / affordable housing communities in culturally diverse neighborhoods, in partnership with global investment manager Nuveen, has acquired Village at the Creek, a 603-unit affordable and workforce housing community in Clarkston, Georgia in an off-market transaction.
This acquisition represents Comunidad’s continued mission of bringing institutional capital to underserved markets with diverse populations across the sunbelt region of the U.S., according to Antonio Marquez, Comunidad’s Managing Partner.
“This particular location within the Atlanta submarket is dubbed ‘the most diverse square mile in America’ as it is a melting pot of immigrants, migrants and refugees who have come to the U.S. seeking a better life,” explains Marquez.
Antonio Marquez |
“This
acquisition is closely aligned with our investment mission of creating
culturally-relevant, inclusive communities that are tailored to the various
ethnicities that live within the communities we serve and in markets that are
poised for long-term economic growth.”
This represents Comunidad’s fifth acquisition in the Atlanta market bringing its total holdings in the area to more than 1,566 units.
“The
Atlanta market, including Clarkston, has undergone tremendous growth over the
last several years yet is experiencing an affordable housing crisis along with
a gap in resources and services that are needed to support residents that are
critical to the local workforce,” says Marquez.
Village at the Creek, a 603-unit affordable and workforce housing community at 751 North Indian Creek Drive in Clarkston, GA |
“We were extremely attracted to this community for several reasons,” says West. “First, it is located in an economically and culturally diverse neighborhood that is poised for continued growth.
"Secondly, it is closely tied to our focus on impact from both a social programming standpoint and long-term preservation perspective. Comunidad has an exceptional track record and we are excited to be partnering with them in this shared mission.”
Contact:
Katie Haga
Brower Group
(949) 438-6262
IMG Brokers $41 Million Sale of Waterleaf Townhomes and Apartments in Port St. Lucie, FL
Karlin Conklin |
Port St. Lucie, FL — Investors Management Group, Inc. ("IMG") announced it has sold Waterleaf Townhomes and Apartments, a 230-unit community located at 1900 SE Hillmoor Drive in Port St. Lucie to Covenant Capital Group for $41.55 million.
IMG
and its investors will exchange the proceeds as part of a long-term multifamily
investment strategy.
IMG
acquired the property in 2017 for $26.75 million. The Company invested $3.1
million on renovations in the townhome interiors plus the fitness center,
pools, sports park, and other common-area amenities.
Darron Kattan |
“Identifying communities with attractive fundamentals in emerging markets is IMG’s competitive advantage.
"We're always operating ahead of the mainstream," said IMG Principal and Executive Vice President Karlin Conklin.
Conklin
also notes that “With the heightened competition in secondary and tertiary
markets, investors are paying premium prices for the best multifamily assets.
"It’s a good sign of investor confidence in multifamily as a reliable investment vehicle. We’ll continue following our value-add business model in Southeast markets as we grow our portfolio.”
IMG currently owns an apartment community in Tampa, the 276-unit Solis at Ballast Point which it acquired in 2018. IMG has transacted over 1,000 units across the Miami and Tampa metros over the last decade.
Darron
Kattan of Franklin Street represented IMG in the transaction.
Neil Schimmel |
Founded by Neil Schimmel, Investors Management Group (“IMG”) is a real estate sponsor focused on multifamily assets across a national platform.
For over a decade, IMG has grown investor
capital by increasing rental housing value and enhancing the resident living
experience.
IMG has acquired 9,500 multifamily units representing 40 properties nationally since 2010. Of the properties sold, the average return was 27%.
IMG currently owns and operates 3,600
apartment units across the U.S. Total investor capital in IMG-sponsored
multifamily real estate exceeds $360 million.
CONTACT:
David Ebeling
Ebeling
Communications
949.861.8351
949.278.7851
(Cell)
Lincoln Property Co. Promotes Three in Desert West Region
David Krumwiede |
PHOENIX, AZ, March 31, 2021 – Leading developer and property manager Lincoln Property Company (LPC) has promoted three within its Desert West development and leadership team: David Krumwiede, Nick Nudo and Justin Arnitz.
In his new role as Senior Executive Vice President,
Krumwiede will continue to direct LPC’s award-winning metro Phoenix presence
while also advancing a strategic multi-market expansion of LPC Desert West across
its region of Arizona, Nevada, Utah and New Mexico.
Nudo has been promoted to Director of Real Estate, focusing
on leasing for the firm’s Class A office and industrial space in the Desert
West region.
Arnitz, who advances
from Real Estate Associate to Associate Director of Real Estate, focuses on LPC
Desert West development and acquisitions, and collaborates with Nudo on
property leasing efforts.
Nick Nudo |
“This year marks the 20th anniversary of the LPC Phoenix office,” said Krumwiede. “It has been an honor to serve Lincoln over the past two decades and to establish – and continue to grow – our talented team and our high-quality, highly creative market presence.
Across his career, Krumwiede has managed the development and
acquisition of more than 22 million square feet of space, including the
development of almost 15 million square feet of Class A office, industrial,
retail and mixed-use product.
Nudo previously served LPC as a Senior Real Estate Associate, and held Senior Associate and Associate broker positions at Cushman & Wakefield and Lee & Associates. Arnitz previously served LPC as Real Estate Associate.
Justin Arnitz |
Upon their disposition, Waypoint, Grand1, Grand2 and Lincoln Logistics 40 earned record-breaking sale prices.
The Desert West team continues to pursue acquisition and development opportunities across the region. To learn more contact Krumwiede or John Orsak at 602.912.8888.
CONTACT:
Stacey Hershauer
focusAZ
P 480.600.0195