Connect with us

Real Estate

Drucker + Falk Expands Operations to Dallas / Fort Worth and Opens…

Avatar

Published

on

The Current at the Grid - Property Management by Drucker + Falk

The Current at the Grid – Property Management by Drucker + Falk

Our renovation strategy combined with the professional management and exceptional resident service for which Drucker + Falk is broadly known, positions us in these submarkets to be the property of choice for our target audience. – Jack Holuba

Building on a national management portfolio spanning the Mid-Atlantic, Southeast and Midwest, Drucker + Falk assumed management of 2,823 apartment homes across seven (7) value-add assets in the Dallas/Ft. Worth submarkets of Arlington, Mesquite, City of Dallas, and Cedar Hill. The properties will be managed out of Drucker + Falk’s newest regional office in Arlington, directed by Mark Copeland, Multifamily Director, a 30-year industry veteran in the Dallas/Ft. Worth market.

Under new ownership by an established, highly respected, and rapidly growing New York-based equity firm, Manhattan Five Partners LLC, all assets are well-located in close proximity to major commuter freeways. With a goal of providing residents with an exceptional living experience in a well-maintained, amenity rich place they call home, each community will undergo significant interior and exterior capital improvements and upgraded amenities to elevate the properties and enhance the resident experience.

In Arlington, The Residence on Lamar, Amp at the Grid, and Current at the Grid provide exceptional workforce housing just blocks from mega retail centers and AT&T stadium. Properties in Dallas and Mesquite including Sierra Park, The Annex and Forty200, are in close proximity to the rapidly expanding industrial parks that are home to some of the largest employers in the Dallas/Ft. Worth market. The Hangar, located in the Cedar Hill suburb, is just 20 minutes from downtown Dallas.

Jeffrey Srulowitz, Managing Principal at Manhattan Five Partners LLC said, “We are excited to expand our multifamily portfolio to Dallas, where planned renovations to these value-add communities represent not only a prudent business decision for investors, but one that will benefit the many current and future residents who choose to call our communities home. We are committed to investing in sorely needed, quality housing options for an ever-growing, dynamic workforce.”

Jack Holuba, Vice President of Acquisitions at Manhattan Five Partners LLC added, “Our renovation strategy combined with the professional management and exceptional resident service for which Drucker + Falk is broadly known, positions us in these submarkets to be the property of choice for our target audience. We know resident satisfaction and bottom line NOI are inextricably linked, and we’re excited for our investors and our residents, about what is to come.”

Owners chose Drucker + Falk as their management partner as a result of their long history in professional management, value-add renovation experience, and for their shared passion in creating the ultimate living experience for residents.

Mark Copeland, Multifamily Director, and a team of two Regional Property Managers will oversee the assets. “On the heels of a year in which the world around us limited social interactions and public gatherings, we are beyond excited at the prospect of working with committed owners and our site teams to renovate the properties, re-imagine and re-open amenities, engage with our residents and build strong communities” said Copeland.

The Dallas/Ft. Worth metro market is of strategic importance to Drucker + Falk, boasting the strongest demand of any multifamily market in the country. The entry into Dallas follows expanded operations by the firm in Ohio and Indiana amid one of the most compelling growth periods in Drucker + Falk’s history. The addition of the Dallas properties brings Drucker +Falk’s multifamily management portfolio to nearly 40,000 apartments across 12 states.

ABOUT DRUCKER + FALK

Founded in 1938, Drucker + Falk is a full service real estate and investment firm, managing a diverse portfolio of nearly 40,000 apartments and more than 2.5 million square feet of commercial retail, office and industrial space. With roots in third party fee management and operations in 12 states including Virginia, Maryland, North Carolina, South Carolina, Georgia, Florida, Tennessee, Kentucky, Ohio, Indiana, Arkansas and Texas, Drucker + Falk specializes in multifamily management of all asset types, value add renovations, asset repositioning and stabilization of challenging assets, new development consultation and lease up, urban revitalization, mixed use management and due diligence services. To obtain more information visit DruckerandFalk.com or contact Lisa Brewer Rodriguez, Director, Business Development at lbrewer@druckerandfalk.com or 757-897-2190.

Share article on social media or email:

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prweb.com/releases/drucker_falk_expands_operations_to_dallas_fort_worth_and_opens_regional_office/prweb17902184.htm

Real Estate

Atascadero Roofing Contractor Releases Tips for Raising the…

Avatar

Published

on

roofing contractor Atascadero

Before making the final decision to add a second story, discuss all the options with an experienced building contractor.

Families grow and buying a new home isn’t always in the budget. The Atascadero roofing contractor, Daniel Ribas, from Ribas Roofing and Services, has some tips for homeowners who are considering adding a second story to their home.

When buying a new home isn’t an option, the first logical thought is to remodel the house to create more space. This is a good option when there is enough room on the property to do so. When the home is on a small lot, adding a second story is often the best option, depending on local zoning regulations.

The first thing to do is check the local zoning regulations to find out if a second story is a possibility. Once that is determined:

  • Have the home inspected for structural soundness. A second story is added weight to the existing structure. A home that was designed and built as a single-story building may need reinforcement to safely bear the weight of a second story. A full-service construction company like the Atascadero roofing contractor, can provide a thorough inspection and reinforcement recommendations.
  • Get a preliminary design and construction estimate. Once it has been determined that a second story is the best way to go, get preliminary estimates for budgeting purposes. The estimates include design costs, construction and permits.
  • Remember that estimates are going to include electrical wiring, plumbing, heating and cooling.
  • Is the project being funded from a loan and what kind of loan? An equity loan may not come with any requirements, but a construction loan will have requirements that need to be met.
  • Have the plans drawn according to local planning regulations and specifications.
  • Submit the plans to the local building department for approval and permits.
  • Consider living arrangements and storage. Adding a second story means the family is probably not going to be able to stay in the home during construction. Not only that, but furnishings and personal property are most likely going to have to be stored.
  • What furnishings and personal property can be moved to a temporary home? Which items will need to be stored? Can pets live in the temporary home? How long will you be living elsewhere?

When all signs are “go,” there is one final question to answer. What does a second story add to the home’s value? The personal value of having more space and being able to stay in the home until the kids are all in college is certainly a consideration. But what about when the time comes to sell? Does the second story increase the home’s resale value?

Before making the final decision to add a second story, discuss all the options with an experienced building contractor. The Atascadero roofing contractor, Daniel Ribas, is a full-service construction contractor with years of experience building new homes and remodeling.

“There is almost always a perfect cost-effective way to add space to a home,” said Ribas. “We’ll be happy to add the best second story to any home and to examine all the best alternatives to help our customers be comfortable and pleased with their final decisions.”

Ribas Roofing and Services is ready to help customize and build homes exactly how the homeowner wants. The company constructs and crafts every aspect to precise specifications, to the smallest detail. No sub-contractors are needed, as the team personally sees to every segment of construction.

Ribas Roofing and Services

Atascadero, CA 93422

(805) 550-6160

Share article on social media or email:

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prweb.com/releases/atascadero_roofing_contractor_releases_tips_for_raising_the_roof_adding_a_second_story_to_the_house/prweb17924184.htm

Continue Reading

Real Estate

RE/MAX Ultimate Professionals Named to Prestigious REAL Trends 500…

Avatar

Published

on

RE/MAX Ultimate Professionals, a locally owned and operated RE/MAX franchise by Kathy McCauley-Dames and Shannon Simotes, was nationally recognized by qualifying for the annual REAL Trends 500 survey. The REAL Trends 500 ranks the performance of the top residential real estate brokerage firms in the country. Brokerages needed to close a minimum of 500 transaction sides in 2020 to qualify.

When ranking qualifying brokerages by average agent transaction sides, RE/MAX Ultimate Professionals was # 33 with 31.1 transaction sides in 2020.* RE/MAX Ultimate Professionals placed #161 over all for total closed transaction sides. Among the 1,753 brokerages that qualified, 500 (29%) were RE/MAX brokerages—more than any other real estate brand.

“The market in 2020 was fiercely competitive, which made working with an experienced real estate professional more important than ever,” said Kathy Dames, Broker/Owner of RE/MAX Ultimate Professionals. “We continue to leverage the exclusive tools and technology offered by RE/MAX to give our agents an edge in their business. The result is a superior real estate experience for their clients.”

2020 was already a very successful year for RE/MAX Ultimate Professionals, closing over $290 million in real estate alone and having the Highest Average Transactions per agent in the Northern Illinois region for the fourth year in a row, making it the most productive office group in the region on a per-agent basis

Highlights from the 2021 REAL Trends survey include:

  • RE/MAX agents outproduced the competition in 2020 by 2:1. Among national franchise brands in the survey, RE/MAX brokerages had the highest per-agent home sales in 2020.
  • RE/MAX agents averaged $5.0 million in sales volume, 67% higher than the $3.0 million average of all other agents in the REAL Trends 500 survey. The RE/MAX average was up from $4.5 million in last year’s REAL Trends 500.
  • When all participating brokerages are ranked by average sides per agent, RE/MAX franchisees claim 87 of the top 100 placings. RE/MAX agents in those brokerages averaged 29 transaction sides last year.

“For over a decade, the REAL Trends 500 has confirmed our 2-to-1 advantage in per-agent productivity,” said RE/MAX CEO Adam Contos. “RE/MAX agents are in the business of helping people with one of the biggest financial transactions of their lives and this ranking shows RE/MAX agents get the job done time and time again no matter the circumstances.”

*Source: Transaction sides per agent calculated by RE/MAX based on 2021 REAL Trends 500 data, citing 2020 transaction sides for the 1,753 largest participating U.S. brokerages.

# # #

About RE/MAX Ultimate Professionals:

RE/MAX Ultimate Professionals is a locally owned and operated full-service real estate brokerage located in Shorewood, Plainfield, and Crest Hill, and specializes in residential and commercial real estate. RE/MAX Ultimate Professionals is a proud supporter of Children’s Miracle Network Hospitals, Susan G. Komen®, and other charities, and has a central office located at 850 Brook Forest Avenue, Shorewood, IL 60404. To learn more, please visit remaxultimateprofessionals.com

Share article on social media or email:

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prweb.com/releases/re_max_ultimate_professionals_named_to_prestigious_real_trends_500_ranking_of_top_producing_brokerages_in_the_u_s/prweb17920991.htm

Continue Reading

Real Estate

mem property management Selects Striven Business Management Software

Avatar

Published

on

mem property management Selects Striven Business Management Software

mem property management Selects Striven Business Management Software

We invest heavily in technology that will help our residents and communities. We believe that integrating best-in-class software solutions will allow our company to maintain our position as the leading property management company in New Jersey.

mem property management, a leading property management company in New Jersey, recently announced the integration of Striven business management software to improve task and project management company-wide and encourage better collaboration between residents, employees, clients, and vendors.

Striven streamlines billing and invoicing, creates and customizes leases and contracts, securely stores contracts and documents, provides state of the art tracking and e-notifications.

mem property management’s residents will see an immediate positive impact whenever they have a new maintenance issue to report. Each time an issue is escalated to their property manager via the system, residents will be able to see and track in real-time that the issue is being worked on, who is responsible for solving the issue and notification and confirmation as soon as the issue is resolved. Issues will be solved faster with greater accountability.

“This new software allows us to plan our projects, assign work efficiently, manage company resources and collaborate with our team better,” explains mem property management founder and CEO Martin Laderman.”

“Striven is flexible enough to work with our existing systems and its state of the art technology will help mem property management better serve our communities immediately,” says Laderman, “we invest heavily in technology that will help our residents and communities. We believe that integrating best in class software solutions will allow our company to move faster and more effectively than our competitors and maintain our position as the leading property management company in New Jersey.”

About mem property management

mem property management is a privately held NJ property management company that was founded by Martin Laderman with the vision to increase property value through solid, experienced management. Since that time, the company has expanded to manage dozens of properties from its New York border to the New Jersey Shore.

mem property management is privileged to serve some of the finest communities throughout New Jersey including many of the major developers and builders as well as communities as diverse as small ocean-front condominiums to large master-planned communities with several hundred homes to age-restricted retirement communities.

To learn more about mem property management corporation, please visit http://www.memproperty.com/ or call 201.798.1080.

Share article on social media or email:

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prweb.com/releases/mem_property_management_selects_striven_business_management_software/prweb17923620.htm

Continue Reading

Private Equity

Blackstone makes £1.2bn take-private offer for UK real estate developer St Modwen

Avatar

Published

on

Global private equity giant Blackstone Group has made a £1.21bn offer for St Modwen, a UK developer specialising in reg

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.altassets.net/private-equity-news/by-news-type/deal-news/blackstone-makes-1-2bn-take-private-offer-for-uk-real-estate-developer-st-modwen.html

Continue Reading
PR Newswire3 days ago

Polystyrene Foam Market worth $32.2 billion by 2026 – Exclusive Report by MarketsandMarkets™

Blockchain4 days ago

Chiliz Price Prediction 2021-2025: $1.76 By the End of 2025

PR Newswire4 days ago

Teamsters Lead Historic Defeat of CEO Pay at Marathon Petroleum

Blockchain5 days ago

Amid XRP lawsuit, Ripple appoints former US Treasurer to its board, and names new CFO

Esports5 days ago

TFT 11.9 B-patch nerfs Mordekaiser and LeBlanc

AR/VR3 days ago

Apple is giving a laser company that builds some of its AR tech $410 million

Blockchain5 days ago

Galaxy Digital Set To Buy BitGo for $1.2 Billion

Blockchain2 days ago

Launch of Crypto Trading Team by Goldman Sachs

Aviation2 days ago

What Happened To Lufthansa’s Boeing 707 Aircraft?

Private Equity4 days ago

Beyond the fanfare and SEC warnings, SPACs are here to stay

Blockchain5 days ago

‘DeFi may lead to a paradigm shift’ says Federal Reserve Bank paper

Automotive4 days ago

Brembo Debuts Light-Up LED Brake Calipers

Blockchain5 days ago

New York bill proposes to ban crypto mining for 3 years over carbon concerns

Payments3 days ago

G20 TechSprint Initiative invites firm to tackle green finance

Cyber Security2 days ago

How to Become a Cryptographer: A Complete Career Guide

Ecommerce5 days ago

Egypt’s Flextock closes $3.25M in the largest pre-seed yet in MENA

Blockchain4 days ago

Goldman Sachs Leads $15M Investment in Coin Metrics

Blockchain2 days ago

Miten tekoälyä käytetään videopeleissä ja mitä tulevaisuudessa on odotettavissa

Cyber Security2 days ago

Cybersecurity Degrees in Massachusetts — Your Guide to Choosing a School

Blockchain5 days ago

Galaxy Digital to acquire crypto custodian BitGo for $1.2 billion

Trending