IMG Expands Its Texas Portfolio to 1,300 Units

 

Karlin Conklin

Neil Schimmel

San Antonio, TX –– Investors Management Group (“IMG”), a West Coast-based real estate investment and asset management firm, has closed the acquisition of Hardy Oak, a 312-unit apartment community in San Antonio, for an undisclosed price.

 Located at 23975 Hardy Oak Blvd, the gated property consists of 13 buildings constructed in 2020.

The luxury community offers a mix of one, two, and three-bedroom floor plans ranging from 791 to 1,446 square feet.

Charlie Mentzer 

A modern-contemporary design clubhouse and coworking center, resort-style pool, outdoor kitchen, and walking trails highlight the resident amenities.

IMG has transacted a total of $484 million in Sun Belt assets in 2021. Hardy Oak represents IMG’s 5th acquisition in North San Antonio since September 2020. 

 According to Principal & Co-President Karlin Conklin, "Austin's expanding tech industry has turbocharged investor interest in the Austin-San Antonio corridor."

Will Balthrope 

She notes that IMG's recent San Antonio acquisitions reflect nearly $100 million in private equity coming from over 450 accredited investors across the U.S.

“San Antonio is becoming a tech hub in its own right. It's attracting high-earning transplants. The uptick in luxury multifamily development reflects that shift," adds CEO Neil Schimmel. "The population surge in this area is among the most notable growth stories in the country."

San Antonio has joined Austin, Houston, and Dallas on the leaderboard for fastest-growing large metros, with the latest U.S. Census reporting San Antonio's 2010-2020 growth at 19.4%. 

Drew Garza 

Freddie Mac financing for the Hardy Oak acquisition was secured through Charlie Mentzer at Capital One. Will Balthrope and Drew Garza of Institutional Property Advisors (IPA) served as brokers in the transaction. 

 ABOUT IMG

Investors Management Group, Inc. is a real estate sponsor and asset manager focused on multifamily assets across a national platform. IMG specializes in improving and managing apartment communities to enhance the resident living experience and maximize value for investors. 

The firm has transacted over 10,000 apartment units ($1.3 billion) nationally since 2010.

Contact:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

Jordan Angel and Will Connors tapped to co-lead and build out a Silicon Valley-based JLL capital markets team

Jordan Angel

MENLO PARK, CA– JLL Capital Markets is officially opening a Silicon Valley Capital Markets office on January 1, 2022, and has appointed Senior Managing Directors Jordan Angel and Will Connors as office co-heads.

 JLL’s Capital Markets group has a long history of success in Silicon Valley, having completed some of the most prominent trades, financings and capitalizations in the area in the last few years, including America’s Center, Ameswell, Brittan West and Gateway at Millbrae Station.

They are currently marketing nearly 20 Silicon Valley assets across all property types led by the tech and life sciences sectors.

Will Connors

“Silicon Valley is the technological innovation and capital center of the world and JLL is furthering its commitment to the market and the vast opportunities within it,” Connors said.

“The opening of the capital markets office in Silicon Valley will position JLL as one of the only commercial real estate firms with a full suite of services for our clients.”

 

Connors has been with JLL since 2013 and will lead the office’s investment sales and advisory platform. He has completed more than $5 billion in Silicon Valley transactions and, throughout the course of his more than 23-year career in commercial real estate, he’s specialized in office, life sciences and industrial investment sales transactions.

  For more news, videos and research resources on JLL, please visit our newsroom.

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.  

 
 Contact:

 Kimberly Steele 

JLL Manager

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

 

Meta Housing Celebrates Completion of Arboleda Senior Apartments in La Puente, CA

Hilda L. Solis

 

La Puente, CA – On November 9, 2021, Meta Housing Corporation, Western Community Housing, Inc., and the City of La Puente celebrated the grand opening of Arboleda Senior Apartments, an affordable 74-unit multifamily community for adults aged 62 years and older.

 

Arboleda Senior Apartments is located at 1040 N. Unruh Avenue, La Puente, California 91744. For more information on available units, call (626) 423-6695.  

 

This new construction development offers spacious one- and two-bedroom units with rents ranging from 40% to 70% below market rate, providing safe and affordable housing for a vulnerable population that often live on fixed incomes.

 

“This project is in line with my continued commitment to prevent homelessness in the County of Los Angeles,” said Los Angeles County Board of Supervisors Chair Hilda L. Solis, Supervisor to the First District.

 

 “This development will offer many older adults a vibrant, livable community with easy access to critical community services.”  

Emilio Salas

“The Arboleda Senior Apartments housing development exemplifies local, public, and private entities partnering to execute the steps necessary to address affordable housing shortages and effect real, positive change,” says Emilio Salas, LACDA Executive Director.

 

 “Communities thrive when everyone feels safe and secure with their housing situation, and together, we can ensure everyone has a place to call home.”  

 

Meta Housing partnered with Bank of America, California Community Reinvestment Corporation, Los Angeles County Development Authority, and the California Tax Credit Allocation Committee to finance the project.  

 

 Contact:

 

Anthea Davis  

The Smart Agency 

949.438.6263

andavis@thesmartagency.com

www.metahousing.com. 

 

The Henin Group Wins Zoning Approval for 71 Homesites on 28 Acres in Apopka, FL

1433 Votaw Road,  Apopka, FL

 APOPKA, FL – The Henin Group has received final zoning approval from Orange County to create Wekiva Reserve, a 71-site, single-family home community on 28-acres of land at 1401 and 1433 Votaw Rd. in Apopka  

The plan – according to Jerome Henin, CEO of the Winter Park-based firm is – for 50 and 65-foot-wide homesites that will contain houses from 2,500 to 4,000 square feet of living space. Prices are expected to start in the mid $400,000s.

Aerial of 1433 Votaw Road, Apopka, FL

“We’re excited about the creation of this community and want to keep it consistent with the local, low-density neighborhoods already developed,” he said.

This is how Henin said he would like to see the community developed if his company is the builder. But, things could change slightly as he also is entertaining offers from numerous national homebuilders.

“If we receive an acceptable offer with a similar vision, the final size and price range could change a little,” he said, adding that the company has prepared a conceptual site plan for presentation to Orange County early next year.

 Contacts:

Jerome Henin, founder/CEO The Henin Group, 386-668-7811, 407-644-8595 or Jerome@henin-co.com.

Beth Payan, Larry Vershel Communications,

407-644-4142, 407-461-3781 or beth@larryvershel.com

 

 

 

NAI Realvest's Mary Frances West Rings Bell With Multiple Leasing Deals

 

Mary Frances West

ORLANDO, FL – Mary Frances West, CCIM, Vice President at NAI Realvest, recently signed a new tenant at University Court, 3361 Rouse Road, Orlando, Florida.  West represents the owner, Interchange-FL Rouse, LLC.

 Orlando Counseling Services, LLC leased suite 125 with 1,380 SF.  Orlando Counseling offers individual and family counseling. 

  “This is an ideal location for this type of tenant as University Court offers individual entrances to self-contained suites” said West.

West also completed a lease for a new tenant at Primera Court II, 735 Primera Blvd, Lake Mary, Florida.  West represents the owner, Interchange Primera Court II, LLC.  The property is a two-story, 31,840 SF office building located in the Primera Office Park.

Primera Court II, 735 Primera Boulevard, Lake Mary, FL

 Ceebus Technologies, LLC leased 1,380 SF in suite 125. Ceebus Technologies specializes in developing miniature underwater acoustic communication and location systems, primarily for military purposes.   This is their first Central Florida location, as they are headquartered in Boulder, Colorado.

West increased her production by completing three industrial leases totaling 8,500 SF in Monroe Commerce Park in Sanford.  West represents the owners, CWP Monroe Investors, LLC and Ocala North Partnership, LLC.

 

Monroe Commerce Park was recently re-branded (formerly known as Monroe CommerCenter South) and is located at Church Street & Monroe Road, Sanford.  The industrial park is 116,500 SF and is 90% leased. 

 

Chuck Holliday

Adventist Health Systems/Sunbelt, Inc. signed a new lease for 4,000 SF at 627 Progress Way.  

The site will be used for a facilities management location for Centra Care. The tenant was represented by Chuck Holliday with Jamison Commercial Partners, LLC.

 

I Planet, LLC is more than doubling their space, renewing their current 2,000 SF at 707 Progress Way and expanding into an additional 2,500 SF at 4170 Incubator for a total of 4,500 SF. I Planet is a wine distributor.

 CONTACTS: 

Mary Frances West, CCIM, Vice President, NAI Realvest 407-875-9989, mfwest@realvest.com

 Patrick Mahoney, President/CEO, NAI Realvest, 

407-875-9989 pmahoney@realvest.com

Yelena Gurtovenko 

ygurtovenko@realvest.com

 

Native Realty Expands into Enlarged Headquarters in Fort Lauderdale’s Victoria Park and Hires Three New Agents

 

Stacy Karst

FORT LAUDERDALE, FL – Dec. 2, 2021 – Native Realty, the Jaime Sturgis-led real estate firm that is disrupting the industry and placemaking South Florida’s hottest neighborhoods, relocated its corporate headquarters to a new Fort Lauderdale office that is double the size of its previous headquarters.

 The 4,000-square-foot office is located at 1926 E. Sunrise Blvd. in the city’s Victoria Park neighborhood.

Donnie Jenkins

This is Native’s fourth office expansion in four years due to the firm’s aggressive growth.

Sturgis launched Native in early 2017 and quickly assembled a team of top-producing brokers and associates.

He has since developed a Property Management division to make Native a full-service, vertically integrated firm.

“Our new headquarters gives us a strong presence on a prominent Fort Lauderdale corridor,” Sturgis said. 

Native also added three new real estate agents to its growing roster: Will Grace, Donnie Jenkins and Stacy Karst.

 A Chicago transplant, Grace focuses on working with owners and operators throughout the investment life cycle, from acquisition to disposition.

Will Grace

Jenkins comes to Native with vast hospitality experience and is leveraging that background for clients in Fort Lauderdale and throughout South Florida. He also has experience with retail and office space.

 Karst is a native Floridian who has nearly two decades of real estate experience, including successfully starting up a real estate brokerage and working in property management.

Contact:

Eric Kalis

Vice President

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

 www.nativerealty.com.

Dresdner Robin Completes Work on 21,700-Square-Foot Veterans’ Housing Complex in Jersey City

  

Debra Tantleff

 JERSEY CITY, NJ –– New Jersey-based land-use consultancy Dresdner Robin announced the firm has completed civil engineering, landscape and lighting design services for a veterans’ housing complex at 526 Ocean Avenue in Jersey City, which officially opened on November 30.

 The 21,700-square-foot low- and moderate-income housing facility includes 20 units reserved for veterans, with some earmarked for homeless individuals who served. The four-story building also includes 1,500-square-feet of ground-floor commercial space for social support services.

"It's been a pleasure to work with Dresdner Robin throughout the development of this project," says Debra Tantleff, founder Tantum Real Estate. "It's very gratifying to work with companies like theirs, who not only care about their craft but also the communities that they work in."

Mark Vizzini

 

 “This is an excellent addition to the city, and it’s fulfilling to have the opportunity to provide our services on a project like this,” said Dresdner Robin’s Mark Vizzini, the associated director of land development, who also served as project manager.

 “The facility’s amenities will go far beyond just housing. It will provide counseling and support to our local veterans, and strengthen the Jersey City community as a whole.”

 Tantum Real Estate is partnering with several organizations that offer veterans support and skills programs, including Collaborative Support Programs of New Jersey (CSPNJ), a peer-led not-for-profit organization, providing flexible, community-based services that promote responsibility, recovery, and wellness.

Contact:

 Alexa Cangialosi 

alexa@violetpr.com

www.dresdnerrobin.com.

Brower, Miller & Cole, The Smart Agency®, based in Newport Beach, CA, specializing in commercial real estate and finance, changes hands after three decades

 

Jenn Quader

Newport Beach, CA, Dec. 2, 2021– After 27 years among the top ranks of Orange County’s public relations and marketing industries, veteran communications firm Brower Group has officially changed hands, emerging today as The Smart Agency^®.

Headquartered in Newport Beach with operations nationally, The Smart Agency exists to advance commercial real estate and finance through effective communications.

“There is a clear need for more intentional communications throughout the real estate investment industry,” says Jenn Quader, President and CEO of The Smart Agency.

“Today’s businesses have major problems to solve and must execute at a faster pace than ever before. This makes the need for professional communications led by subject matter experts more critical than ever.”

Judy Brower Fancher

Originally founded in 1994 by nationally recognized PR expert Judy Brower Fancher, The Smart Agency understood the need to plan for its succession early on.

The firm’s evolution has been a decade in the making, evolving from Brower, Miller & Cole to Brower Group in 2018, and launching as The Smart Agency in 2021.

“From its inception, this agency has always taken a truly unique approach that delivers consistently stellar results,” says Brower.

“We built a reputation for excellence, and we are proud to have shaped the positive reputations of hundreds of companies.

 "Today, I am proud to see this legacy continue, and I know The Smart Agency will continue to deliver exceptional work to Clients throughout the U.S.”

Contacts:

Arleeny Escarcega / Katie Haga / Jenn Quader

The Smart Agency, Inc.

(949) 438-6262
aescarcega@thesmartagency.com

KW PROPERTY MANAGEMENT & CONSULTING Adds Gloria Hughes as Regional Vice President Serving Central and North Florida

 

Gloria Hughes

Tampa/Orlando/Jacksonville, FL – Dec. 2, 2021 – KW PROPERTY MANAGEMENT & CONSULTING, a premier residential property management company and one of Florida’s fastest-growing private companies overall, made a significant addition to its team serving Central and North Florida with Gloria Hughes, new Regional Vice President for the Tampa, Orlando and Jacksonville markets.

Hughes brings over 25 years of experience in healthcare and quality assurance, focusing on workforce development, team management and supporting high-performing organizations.

Zuly Maribona 

Previously, Hughes was Vice President of Operations for Meridian Senior Living Facilities. 

“Gloria’s extensive operations background and ability to strategically develop key markets north of South Florida will give us a major boost,” KWPMC Senior Vice President Zuly Maribona said.

“We see tremendous opportunity for growth in Tampa, Orlando and Jacksonville.”

Hughes earned a Bachelor of Business in Management from the University of Phoenix and is a licensed nurse in the State of Florida.

CONTACTS:

Eric Kalis

954-370-8999

ekalis@boardroompr.com

 

Daniel Benjamin

Senior Account Executive

 BoardroomPR

dbenjamin@boardroompr.com

O 954-370-8999

C 954-618-8287

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

www.kwpmc.com.