Located in the southern part of Rockbridge County, Rainbow Knoll is convenient to I-81, Rt 11, Natural Bridge & Lexington. We love the low risk profile of multifamily! Lea Ann has over 15 years of experience in asset and property management. Fantastic brick ranch ready for its new owners! All data is obtained from various sources and may not have been verified by broker or The Roanoke Valley or Rockbridge Highlands MLS. Our focus is acquiring properties with a value add component ranging from re-positioning to full scale re-zoning and development. Sterling Real Estate Partners Plans Apartment Conversion at 114-Room Hotel in Scottsdale, Arizona. Download our brochure to read a full summary. What a blessing it is~ Make this your new Smith Mountain Lake Home! The firm plans on modernizing the interior . Currently working as President at Sterling Real Estate Partners in Arizona, United States. Leader of a True New York Icon. Houses for sale are listed under the FEATURED LISTINGS tab. The unauthorized retrieval or use of this listing data is prohibited. Over the past few decades, multifamily properties have been less volatile than the stock market and residential real estate. 1020 Sm. View the latest news about Sterling Real Estate Partners' most recently aquired assets and property updates expanding our value-add portfolio. The foundation of Sterling Capital's success dates back to 1989, when America's financial . Seizing on Tucson's hot real estate market, a downtown hotel is being converted into an apartment complex. For Sale. Neither the Firm or any listing/selling broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. (optional). Email Address. Find Out How Much Your Home Is Worth Investments are also underwritten on an unleveraged basis and then capital structures are optimized to maximize risk-adjusted returns. The parking lot is supposed to be gated, for safety reasons. theater. $109,500. In 2015, David created Sterling Real Estate Partners to acquire market rate, value-add multi-family properties. So start small and grow with us over time. Sterling Real Estate Partners Starts Construction on Tucson Apartment Conversion, Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion, Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments, Significant discounts to replacement cost and attractive stabilized cash yields, Partnership distress and other complex situations, Opportunity to generate attractive returns using conservative underwriting. Building valuefor our employees, our partners and the communities we serve. Sign Recently built, custom lake home by Babb Construction sits on over 1.5 acres. $7 billion in assets represented by the members. By. If you are someone looking for suitable housing, we have many apartments and houses just waiting for the right person. Sterling Real Estate Partners Aug 2020 - Jul 2022 2 years. The Suites on Scottsdale is located between Old Town Scottsdale to the South, the prestigious Paradise Valley neighborhood to the West, McCormick Ranch to the East, and the Scottsdale Airpark Employment Corridor to the North, boasting nearly 90,000 jobs. The principals and employees invest at least 10% of equity in each investment and broadly share the promoted interest among the professional staff. Originally built in the 1960's, the 278-unit Downtown hotel will be transformed into a modern, 210-unit apartment complex with approvals to . It is characterized by breathtaking lake views, Italianate architectural design featuring carved . Delight in a chefs kitchen complete with hickory cabinets. Located on a cul de sac with the convenience of being close to all amenities. 8 . Current Kitchen stove is gas, but Buyer can switch to electric at their expense as home is set up for either type. All properties are subject to prior sale, change or withdrawal. A real estate development company. STERLING PRIVATE CAPITAL (SPC) IS A PRIVATE EQUITY FIRM ACTIVELY SEEKING BOTH REAL ESTATE AND OPERATING COMPANY INVESTMENTS. have Originally built in 1996, the 114-room extended stay hotel will be transformed into a luxury, 85-unit apartment community. This will include new balconies for every unit, enhanced curb appeal, and select rooms combined to improve the unit mix. Video: 4 Reasons Your Real Estate Deal Could Fall Apart Read More. A Family of Companies Guided by the Values of Partnership and Civic Responsibility (Prices and inventory current as of March 01, 2023), Do you have an account? Demographic data shown in this section was gathered from the 2021 American Community Survey and is deemed reliable but is not guaranteed. Were there if you need to contact us at any time. Purchase undervalued land in the path of growth. Site amenities will be updated during the conversion with upgrades budgeted for the pool area, fitness room, clubhouse, conference room, dog park, and outdoor lounge. Gorgeous colonial situated on1.6 acres of lush land. | Sterling Real Estate Partners is a vertically integrated real estate investment company that specializes in multifamily value-add, development, and adaptive reuse projects throughout the Southwestern United States. Rachel Goldman, is the founding principal of Sterling Development Partners, brings her real estate academic knowledge and business management skills to the firm as well as several Cornell Certificates, Rachel blends her academic knowledge with real-world applications. Interested in finding information about the demographics, population, and more? Sterling Real Estate Partners 2021 | Website by, Sterling Real Estate Partners Acquires Mark at 87 Apartments, Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion, Sterling Real Estate Partners Starts Construction on Tucson Apartment Conversion, Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments. Susan M. Young account. 1972. Canyon Partners Real Estate LLC ("CPRE"), the real estate investment arm of Canyon Partners, focuses on value-add and opportunistic real estate strategies through debt and equity investments where complexity, underwriting expertise and active asset management provide the opportunity to generate attractive risk-adjusted returns for investors and effective financing solutions for real estate . Prior to joining Sterling, Wendy was a Director of Property Accounting for Shelton Residential, where she oversaw a team of nine accountants and two accounting managers. Great location, minutes to main street with views of downtown Waynesville. She manages reporting requirements for lenders, investment partners and other stakeholders and will coordinate annual tax returns. Assess opportunities across all multi-family properties, with an emphasis on value-add Class B and Class C assets. Brand new carpet on upper level. He relocated from the San Francisco bay area to Phoenix to be closer to the portfolio and build out the team in Arizona. This beautiful 4-square, 2-story home boasts numerous homeowner updates and is ideally located in the heart of Grandin. Are you new to the area? Scottsdale-based investment firm, Sterling Real Estate Partners, recently acquired Hotel Tucson City Center in an off-market transaction with plans to convert the hotel into market rate apartments. Our mission is to create communities that residents are proud to call home while generating strong returns for investors. Sterling Development Partners is a private real estate investment and asset management firm that acquires, re-develops, and stabilizes properties in markets throughout Florida and the SouthEast. about us. We pursue investments at discounted values relative to stabilized cash flows, market comparables and replacement cost. Lea Ann Scofield, Sterlings Director of Asset Management, added, We have designed this community to meet the desires of the high-quality tenant we know this location will attract.. 6209 Longdale Furnace Rd, Suite B CONTACT US. Sterling Group is a real estate investment services firm specializing in multifamily housing and self-storage facilities. Zillow has 65 homes for sale in Sterling CO. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Access to exclusive off market properties through personal relationships and local partnerships, Secure optimal funding structure to meet specific investment and project criteria, Focus on downside protection with conservative in-house underwriting and stress testing, Efficient and timely execution with a focus on structuring deal terms to favor investors and retain upside potential, Conservative forecasting combined with preferred returns and a waterfall model that focuses on capital preservation, Forced appreciation through capital improvements, reduction of op-ex inefficiencies and/or re-zoning for devleopment, Leveraging in-house marketing strategies to maximize return and timing based on market conditions at desired exit point. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. He lives in Scottsdale with his wife and two daughters. In development projects, our expertise in local re-zoning procedures enables us to maximize the value of underutilized properties. There are 5 real estate listings found in Sterling, MA.View our Sterling real estate area information to learn about the weather, local school districts, demographic data, and general information about Sterling, MA. We receive multiple requests for information on rental properties and may have multiple applications in place at the time of viewing. MLS Disclaimer. Why Is the SJC Ruling in Murchison vs. Sherborn So Important? Jan 24, 2023, 12:15 PM. Scottsdale-based investment firm, Sterling Real Estate Partners, recently acquired Suites on Scottsdale in an off-market transaction with plans to convert the hotel into market rate apartments. Get 2 WEEKS FREE when you apply today!!! 240 Smo. Los Angeles Metropolitan Area Multifamily Investments in the Southwest Managing Director, Head of Capital Markets . Your She frequently consults with other local real estate investors on construction, zoning and complex re-developments.She often thinks like her male counterparts in order to succeed in a predominantly male industry.Team members, say, Rachel has innovative imagination whos unafraid to think outside the box. We are constantly sourcing high quality deals so that you have a consistent selection of high-quality multifamily investments to choose from. Read More Pristine Lexington residence privately situated on its elegantly landscaped grounds enjoys easy walkability to downtown historic Lexington, Washington and Lee University, and the Virginia Military Institute. Sterling Real Estate Partners is a real estate investment company focused on value-add multi-family investments. An affiliate of Sterling Real Estate Partners announces the sale of Muir Lake Luxury Apartments, a Class A, resort-style residential community developed by the local iconic developer, Larry Peel, in the Northwest Austin, Texas suburb of Cedar Park. Contact one of our experienced agents with any questions regarding your real estate needs, and view all their homes on our Featured Properties page.. At Sterling Real Estate, our agents have over 150 years of combined service experience helping the public. in. Rod hosts the Multifamily Boardroom Mastermind which has quickly become the largest mastermind of its type in the industry with approx. SPD is an affiliate of Sterling Equities, a 50-year-old real estate owner/manager and developer based in New York. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley and Rockbridge Highlands. Agent listings. Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion February 4, 2022. Before starting his first investment platform, Pacific Real Estate Partners, in 2005, David was directly responsible for acquisitions and asset management for two privately held real estate investment firms in the San Francisco Bay Area and Western States. Dinesh Rama of NewGen Advisory brokered the transaction for the 114-room hotel. There is always net equity invested after fees. We offer 24 hour service to you and your tenant and have an experienced staff waiting to assist you. This one level home has been updated with new roof, new windows, refinished floors and freshly painted walls, providing a modern feel. The Finished basement is perfect for playroom or home. Sterling Real Estate Partners is a vertically integrated real estate investment company that specializes in multifamily value-add, development, and adaptive reuse projects throughout the Southwestern United States. Lower level has family/rec room w/ wet bar and wood stove, office, 3rd full bath and oversized 2 car garage. There are 9 real estate listings found in Sterling, PA.View our Sterling real estate area information to learn about the weather, local school districts, demographic data, and general information about Sterling, PA. Get in touch with a Sterling real estate agent who can help you find the home of your dreams in Sterling. MLS# VALO2044862. However, the true highlight of this home is the backyard - the fenced-in yard provides ample privacy, while the well-maintained yard and covered porch offer the perfect outdoor oasis. If we get new information about a property This brick home is perfect for anyone looking for a one level living. Utilize Sterlings strategic partnerships to create highly efficient communities. 2009. browsing the most up-to-date real estate listings around. Full Unfin Lower Level: Great Storage space! Mark at 87 Apartments is an apartment community located in Maricopa County and the 85201 ZIP Code. Check out our NEIGHBORHOOD page. Outside, there is a shed, rocking chair front porch and the brick exterior adds a classic touch. A Sterling is family-owned and vertically integrated. David enjoys fly fishing and traveling with his family. Sterling Real Estate Partners 2021 | Website by, Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments, Sterling Real Estate Partners Starts Construction on Tucson Apartment Conversion, Sterling Real Estate Partners Acquires Mark at 87 Apartments, Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion. Save your search to receive updates when a new property hits the market! Delight in a chefs kitchen complete with hickory cabinets. Rod has personally owned and managed over 2,000 properties. Its holdings include commercial and medical office buildings, strip retail and regional malls, multi-family residential buildings, and hospitality. Its ownership group is also a part owner of the New York Mets Baseball Team as well as SportsNet New York, a regional sports network also based in New York. You will feel you're home the moment you walk into this house. The . Latest Properties. In stabilized properties we force appreciation by making capital improvements, enhancing management and reducing operational inefficiencies. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. Wendy has held an active AZ Real Estate Sales License for 26 years. Phoenix, Arizona Area Acquisitions CVG PROPERTIES Apr 2016 - Mar 2018 2 years. Read More Gorgeous colonial situated on1.6 acres of lush land. 76 . Lea Ann is also responsible for the review of all operating and financial results for third-party managed assets. $239,900 . All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. Forgot Welcome toSterling Properties & Management, LLC ~your source for real estate and rental properties in Lexington and its surrounding areas. Phoenix average rent registers the largest increase in the U.S. Phoenix leads US in population growth, new Census data shows, Sterling Real Estate Partners Expands TX Footprint, JV Acquires 332-Unit Luxury Community in Northwest Austin, Sterling Real Estate Expands Value-Add Portfolio with Phoenix Asset, Sterling Real Estate Snaps Up Austin Asset, Sterling Acquires 111-Unit Apartment Community in San Antonio, Bay Area Investment Firm Buys Alamo Heights Apartments, Value-Adds Still Alive and Well in Phoenix. Get the latest business insights from Dun & Bradstreet. This property features 5 bedrooms, two of which are Masters, and 3.5 bathrooms. Lea Ann holds an active Arizona Real Estate license and stays involved in the Arizona Multi-Housing Association for continued professional development. Scottsdale-based investment firm, Sterling Real Estate Partners, recently acquired Hotel Tucson City Center in an off-market transaction with plans to convert the hotel into market rate apartments. For example, we have extra funds at closing and continue to add to those reserves from cash flow; we secure either long-term debt or if do require a bridge loan, we have one or more options to extensions (this is important should there be a market correction); we look for value-add deals with strong cash flow that we can stabilize in 12 to 24 months. Sterling Equities founded by Fred Wilpon and Saul Katz as a vehicle to develop and invest in real estate. Get in touch with a Sterling real estate agent who can help you find the home of your dreams in Sterling. Additionally, the site was approved for an additional 154 units that will be developed at a later date. account. This acquisition marks the first adaptive reuse project undertaken by Sterling. Sterling is actively pursuing multifamily opportunities in Arizona. Rod Khleif- is an entrepreneur, real estate investor, multiple business owner, author, mentor, and community philanthropist who is passionate about business, life, success and giving back. The home sits in a quiet neighborhood yet only 10 minutes from the Westlake area w/shopping and restaurants. Our top-rated real estate agents in Sterling are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Sterling. In his career, he has represented various developers and owners in the Washington, D.C. area, as well as national . Large living room that opens to the formal dining room. Maintenance free ranch on 5 acres, spacious and open floor plan. Sterling Real Estate Partners 77 Central Ave, Ste D Asheville, NC 28801 . 7114 E Stetson Drive, Suite 360 Overview. 609 W 15th St, Sterling, IL 61081. Once you have received the This farmette is equipped for your 4-legged friends with its 2-stall horse barn, fenced paddock, workshop, kennel, storage building, & more! account. If we get new information about a property Residences will consist of luxury studio and one-bedroom units ranging from 300 to 700 square feet. Offering endless potential, breathe your creative vision to life in this sweet 3BR/2BA ranch style home. Sterling Real Estate Partners | 23 followers on LinkedIn. Scottsdale-based investment firm, Sterling Real Estate Partners, recently acquired Suites on Scottsdale in an off-market transaction with plans to convert the hotel into market rate apartments. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. Sterling Real Estate Partners is a local Real Estate Company driven by people and community that is backed by innovative, state of the art . This 2-year-old home boasts many upgrades including: Crown Molding, hardwood floors, carpet and pads to name a few. View 111 homes for sale in Sterling, MI at a median listing home price of $129,000. Read More Sterling Real Estate Partners, LLC Enjoy Main Level Living in this 4Bed/2Bath Brick Ranch in Town, Convenient to All Amenities! Company profile page for Sterling Real Estate Partners LLC including stock price, company news, press releases, executives, board members, and contact information She is on the Board of Directors of the Jean A. Battie scholarship fund, and is a member of a number of community-focused organizations including the Urban Land Institute.When shes not working, the lifelong Sarasota resident, enjoys cycling the legacy trail, skiing the east, and traveling, when she can with her supportive husband and son. Other listing. There are not many corner locations at prominent intersections on Scottsdale Road, said David Zeff, President of Sterling Real Estate Partners. We request that you contact us directle at 540-462-3770 to check for applications in place. Try searching for similar jobs, similar companies, or nearby cities. 3613 Signal Hill AVE NW, Roanoke, VA 24017. The new windows and refinished floors give it a modern feel, while the freshly painted walls offer a clean and inviting atmosphere. Ready for your personal touches. Pursue refinancings to return investor capital and provide long-term stabilized cash flow. And by collaborating with those who have meaningful views, experiences, ideas and opinions, we've built the best version of ourselves as well. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. Pricing. This brick home is perfect for anyone looking for a one level living. The home sits in a quiet neighborhood yet only 10 minutes from the Westlake area w/shopping and restaurants. Address : 929 East Bethany Home Road, Phoenix, AZ, USA, Address : 9880 North Scottsdale Road, Paradise Valley, AZ, USA, Address : 475 North Granada Ave, Tucson, AZ 85701, USA, Address : 708 N Country Club Dr, Mesa, AZ 85201, USA, Address : 232 South Macdonald, Mesa, AZ 85210, USA, Address : 1401 Patricia, San Antonio, TX 78213, USA, Address : 4822 Gus Eckert Road, San Antonio, TX 78240, USA, Address : 2627 N 45th Ave, Phoenix, AZ 85035, Address : 12600 Avery Ranch Blvd, Cedar Park, TX 78613, USA, Address : Cielo Apartments, North 19th Avenue, Phoenix, AZ, USA, Address : Seventh Apartments, North 7th Street, Phoenix, AZ, USA, Address : Cross Creek Apartments, Austin Highway, San Antonio, TX, USA, Address : Chestnut Park, West Silver Sands Drive, San Antonio, TX, USA, Address : 2302 E William Cannon Dr, Austin, TX 78744, USA, Address : Sterling On 28th Apartments, North 28th Drive, Phoenix, AZ, USA, Address : The Sofia Apartments, North Vandiver Road, San Antonio, TX, USA, Address : Hawthorne Apartment Homes, North 3rd Avenue, Phoenix, AZ, USA, Address : Radius Apartments (Previously Known As-SilkTree Apartments), Phoenix, AZ, USA, Address : The Edge on South Congress, South Congress Avenue, Austin, TX, USA, Address : dalewood townhomes - apartments in austin, tx, Dalewood Drive, Austin, TX, USA, Address : The Manor House Apartments, Austin TX, Address : Park at Idlewild, Idlewild Drive, Reno, NV, USA. Open Country Kitchen & Dining Area. This property features 5 bedrooms, two of which are Masters, and 3.5 bathrooms. Freshly painted, this home features 3 bedrooms and 1 bath. Property Type. This area is served by the Mesa Unified attendance zone. If she has a goal, she wont stop until shes achieved it! Large living room that opens to the formal dining room. continue Public Water/Sewer. 2019. your The Finished basement is perfect for playroom or home. Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments January 3, 2022. Sterling Home Partners Richard Hyde, Broker CALL: 203-610-7740. Sterling capitalizes on repositioning opportunities and strategic capital structures to maximize value for its partners. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. in. Freshly painted, this home features 3 bedrooms and 1 bath. She has also been a co-owner of a property management company where she was responsible for all aspects of starting up the operations, IT and accounting for the company as well as managing all operations. No salaries for Sterling Real Estate Partners. Sterling Real Estate Partners, LLC 6209 Longdale Furnace Rd, Suite B Clifton Forge VA 24422. But did you know that after fees, taxes and inflation, the actual return was just 2.5%? We are constantly updating to help find the perfect house for you. Scottsdale-based Sterling Real Estate Partners recently acquired 9.6 acres of land with plans to develop a 238-unit, Class A apartment complex in the heart of Avondale's rapidly expanding . meeting This is the perfect opportunity to own your own piece of colonial paradise. Upon acquisition, Sterling will become a Choice Hotel franchisee and has engaged Ledgestone Hospitality to operate the four-story building as a hotel while the adjacent buildings are converted to apartments. Sort: Homes for You. Multifamily delinquency rateat its peakwas 90% lower than the residential rate in the Great Recession. Join now to check out some of our active investment opportunities. For more information, you can visit Sterlings website atwww.sterling-partners.comto contact David Zeff or Caleb Augustyn.
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