Arel Capital is under contract to acquire The Heights at 2121, a 504-unit multifamily property located in the submarket of Houston, TX. The investment strategy will focus on increasing net operating income and achieving additional rent premiums by renovating unit interiors and creating a new clubhouse and amenity package. Additionally, the investment will target operating
Arel Capital is under contract to acquire The Vibe at Gateway, a 432- unit multifamily property located in the Gateway submarket of St. Petersburg, FL and is well situated between downtown St. Petersburg and the St. Pete-Clearwater International Airport. The Investment strategy will focus on increasing net operating income and achieving additional rent premiums by
Arel Capital is under contract to acquire Ashley River Apartments, a 200-unit multifamily property located in Charleston, SC. The investment strategy will focus on increasing net operating income and achieving additional rent premiums by renovating unit interiors and tailoring a unique amenity package towards millennial clientele. Additionally, Arel will be able to create synergies and
The objective of the investment is to purchase, rent/lease, manage, and improve the residential and commercial facets of this unique property.
The objective of the funds’ investments in Aura on Broadway is to directly purchase, rent/lease, manage, improve, and sell the property. Located in Tempe, Arizona, Aura on Broadway is a contemporary 194-unit luxurious garden-style apartment community. The property’s condominium-quality finishes and its leading amenity package combined with core location, provide a powerful appeal to residents
The objective of York Equities’ Investment in Landmark at Mountainview is to add value to the property through capital improvements/renovations, increase rents, net operating income, and pay down debt in order to maximize the price at sale.
The District at Scottsdale is a two-phase multifamily development project consisting of 612 for-rent residential units and 7,000 square feet of commercial space.
One South Halsted is a multifamily development project consisting of 492 units in a 46-storey high-rise with 376 parking stalls and approximately 10,000 square feet of retail space located in the West Loop supermarket of Chicago, IL.
The Ritz-Carlton, Kapalua is a AAA Five Diamond, oceanfront property located on 49 acres of Maui’s northwest shore and consists of 297 guest rooms, 32,000 square feet of meeting space and a variety of amenities and recreational facilities.
2nd Avenue Residences is a Class A multifamily development project consisting of 390 units located in the affluent Boston suburb of Needham, MA.