REAL ESTATE INVESTMENT
businesswire | December 02, 2020
Daylight Retirement Living, a family-claimed business with 34 senior networks in 16 states, today reports an extended rollout of its health program supporting memory care inhabitants with Alzheimer's infection or different dementias. As of now guiding in 15 memory care areas, the all encompassing, Montessori-style program involves spearheading treatments and courtesies including Sensory Spas, the MIND Diet, circadian beat light treatment, ionized air sifting, and Virtual Reality treatment to improve inhabitants' personal satisfaction.
Montessori-style Care: Sunshine's Montessori-attached way to deal with dementia care gives tangible and intellectual incitement to help inhabitants reconnect recollections, relearn aptitudes, and return to positive feelings to help diminish nervousness. While the Montessori strategy was at first created for youth instruction, Sunshine has adjusted the program to respect the age and encounters of its inhabitants.
REAL ESTATE INVESTMENT
Vesta Capital LLC | December 30, 2021
Vesta Capital LLC, one of the nation's fastest growing multifamily operators, has acquired four Oklahoma apartment communities this month. The transactions are the result of a successful year for Vesta after powering through the pandemic crisis.
Vesta Capital LLC purchased Riverpark at Kensington (Tulsa), Drexel Flats (Oklahoma City), The Ridge (Midwest City), and The Lofts at North Penn (Edmond). The total purchase price was $100.4M for the 1,270 units combined.
Vesta Capital LLC continues to grow despite the Coronavirus crisis. The company has confidence in the lasting strength of the apartment industry.
Historically multi-family, particularly in markets like Oklahoma City & Tulsa have performed well even during recessions. In our mind, there will always be a need for people to provide quality housing and we are honored to help meet that need."
Marc Kulick, Founder and Managing Member of Vesta Capital and Vesta Realty.
In 2021 Vesta acquired over 3,600 units resulting in 74% growth to the business. This momentum is on track to carry over into the new year as the company is already under contract to close on three multi-family communities in the first quarter.
About Vesta Capital LLC
Vesta Capital is a privately held real estate investment firm that focuses on the acquisition and management of multifamily properties in Oklahoma and Arkansas. We purchase properties that pass our strict underwriting standards and that are positioned to perform well in a variety of market conditions. Vesta Capital LLC was founded in 2017 by Marc Kulick and has grown to operate over 8,500 units. Vesta Capital LLC is open to new investors.
Embrey | January 19, 2022
The award-winning and nationally recognized Embrey Management Services (EMS) has been selected to provide multifamily residential services for Lenox Crown in Garland, Texas, a premier suburban market of Dallas.
The 435-unit community, just outside the I-635 loop, northeast of Dallas, is within close proximity to recreational activities on Lake Ray Hubbard, a wide range of shopping and entertainment, including The Firewheel Town Center, and the high-performing Garland Independent School District.
Embrey Management Services has a reputation for delivering exceptional living experiences for residents."
Josh Kogel, Vice President for The Praedium Group.
Designed to support the active lifestyle and high expectation of its residents, the one-, two-, and three-bedroom apartments feature wood-style flooring and blinds, inviting kitchens with quartz countertops and stainless steel appliances, walk-in closets, deep- soaking bathtubs and walk-in showers.
Community amenities include a resort-style pool with sundeck, poolside cabanas, an outdoor kitchen and fire pits, a state-of-the-art fitness center with yoga room, a business center and conference room, carports, garages and electric car charging stations, and a pet park and spa.
Embrey Management Services is pleased to partner with The Praedium Group and continue to grow our partnership in showcasing their premier communities, Embrey is known for attention to detail and we look forward to creating the experience of home for residents of Lenox Crown."
Allyson McKay, Managing Director and Executive Vice President of Embrey Management Services.
San Antonio-based Embrey Partners LLC is a diversified real estate investment company that owns, develops, builds, acquires, and manages multifamily residential communities and commercial assets in targeted markets across the United States. Since 1974, Embrey has developed nearly 43,000 apartments and more than 6 million square feet of commercial property. Embrey is a leading developer in the multifamily sector with more than 4,000 units under construction.