prnewswire | September 21, 2020
LINUS Capital continues its growth trajectory by establishing a presence in the United Kingdom (UK). The Berlin-based investment company finances real estate projects with debt and mezzanine capital through its self-managed £320 million debt fund. LINUS gives experienced private and institutional investors the opportunity to participate in these investments while always acting as an anchor investor contributing at least 25% of the investment volume from its debt fund. Driven by its success in Germany - LINUS has financed more than 40 real estate projects with capital in excess of £450 million in only four years - the company is now exporting its unique business model to the UK. The new office of Linus Capital will be based in London Mayfair and led by the two Managing Directors Lukas Endl and Lee Abdul Sow.
REAL ESTATE TECHNOLOGY
businesswire | December 09, 2020
Alex. Earthy colored Realty, Inc. (ABR) and their joint endeavor accomplice, Continental Realty Group, through its auxiliary Continental Realty Assets, Ltd. (CRA), are satisfied to declare the obtaining of Club at Stone Oak Apartments, a 250-unit loft network in San Antonio, Texas. ABR Chesapeake Fund VI, a worth add land reserve supported by ABR, put $7.3 million in the joint endeavor.
Inherent 2005, the network incorporates a blend of one-, two-and three-room units with 9' roofs and private porches and overhangs. Comforts incorporate a clubhouse with billiards table, best in class wellness focus, resort-style pool, business focus, outside kitchen, and renting focus. The gated network additionally offers sufficient leaving with withdrew carports, garages, and a vehicle care focus. The joint endeavor designs an essential remodel program for the unit insides and focused on upgrades to the regular territories and pleasantries.
“Even given the economic challenges and uncertainties of today, we are believers in the San Antonio market due to its diversified and expanding employment base coupled with the relative affordability and quality of life it has to offer,” said Robert Ireland, CRA’s Managing Director of Investments. “The Club at Stone Oak is a quality asset located within one of San Antonio’s premier submarkets and fits within our investment strategy of providing a quality product at an affordable price to our residents,” added Ireland.
“We were pleased when Continental first brought us this off-market opportunity and are excited to be partnering with them,” stated Tom Burton, ABR’s Senior Managing Director and CIO. “Their extensive experience within the multifamily sector should bode well for the asset and provide a positive result for our investors.” Club at Stone Oak represents the first transaction between ABR and CRA.
T3 Sixty, LLC. | June 22, 2020
T3 Sixty, the residential real estate brokerage industry's leading research and advisory firm, has released the 2020 Real Estate Almanac. This 450-page annual printed report analyzes the core components of the residential real estate brokerage industry and organizes key data about them into five sections: leaders (SP 200), organized real estate (ORE 200), technology (Tech 500), enterprises (franchise brands and holding companies) and brokerages (Mega 1000). Released electronically in the first five months of the year, each section comes together in the comprehensive printed edition of the Real Estate Almanac: one resource that gives industry executives insight into where the industry is, where it is headed and who is taking it there. The compendium includes 2,257 companies, organizations and leaders who excelled in 2019 and lead the industry in 2020.