REAL ESTATE INVESTMENT
Indio Management | December 27, 2021
Indio Management, a Dallas leader in property management solutions, has accepted a new management assignment from Magma Equities for Vista Azul, a 248-unit community located on Clydedale Drive, ten miles north of Downtown Dallas.
This is Indio's first partnership with Magma equities, allowing the management company to expand upon its growing client base. This assignment fits Indio well, as the majority of its current properties span the 10-mile radius surrounding Dallas' core.
We're always excited to bring on new clients and embrace challenges. We look forward to creating positive change for the prospects and residents at Vista Azul."
Founder and President of Indio Management, Seth Bame.
The garden-style community offers a combination of studio, one-, two-, and three-bedroom apartments which range from 500 square feet to 1,040 square feet. These units have been newly remodeled to include a full kitchen appliance package, faux hardwood flooring, built-in shelving, and patios or balconies in select units.
Vista Azul also offers a comprehensive list of community amenities, including a fitness center, business center, controlled access gate, and picnic area outfitted with a grilling station.
Vista Azul was recently renovated, and the addition of our services will further enhance the overall experience within the community. We make it a priority to create or enhance neighborhoods where we can, and we're excited to make that happen here with Vista Azul."
About Indio Management
Indio Management has been a leading provider of professional property management services throughout Texas since 2011. Indio is inspired and driven to offer quality apartments, superior customer service, and memorable living experiences. Entrepreneurial, unorthodox, and responsive, Indio manages assets as they are their own and treats residents like family–their approach is the kind not taken by traditional property management groups. Indio brings a special brand of full service, institutional-like property management capability that prioritizes relationship building.
REAL ESTATE INVESTMENT
First National Realty Partners | December 10, 2021
First National Realty Partners (FNRP) is pleased to announce the acquisition of Southland Crossings, a grocery-anchored shopping center located at 1150-1300 Doral Drive, Boardman, OH. Southland Crossings is a 245,678 SF shopping center that is 91% occupied and anchored by a 77,592 square foot Giant Eagle Supermarket. The property is located approximately 6.0 miles south of downtown Youngstown and adds to FNRP's rapidly growing portfolio of premier real estate assets in Ohio and throughout the United States.
"We are excited to acquire Southland Crossings and add Giant Eagle to our portfolio, In addition to having high-performing junior anchor tenants including Ross, PetSmart, DSW, and Michaels, Southland Crossings is shadow anchored by Lowe's and Walmart, who help drive foot-traffic to the center".
-Matt Annibale, Senior Director of Acquisitions at First National Realty Partners.
First National Realty Partners, LLC (FNRP) is a leading vertically integrated real estate investment firm focused on acquiring institutional quality commercial real estate throughout the United States. The firm is an active, opportunistic, and value-add investment firm that is equipped to operate in all facets of the real estate acquisition process as an investor, developer, and asset manager of commercial real estate. FNRP enhances the value of properties through hands-on management and targeted investments that result in superior, risk-adjusted returns for its investors.
REAL ESTATE TECHNOLOGY
Transactly | June 08, 2021
Transactly, a rapidly growing Real Estate Transaction Platform, has announced the acquisition of Moncord Real Estate Professional Services based in Bellevue, Washington. With this acquisition, Transactly further expands their national network of tech-enabled Transaction Coordinators -- already the largest in North America -- to include Moncord’s vast team of coordinators in the Pacific Northwest.
“We are excited to welcome Moncord into the Transactly family,” says Transactly founder and CEO Bryan Bowles. “Alex and Lisa Mont-Ros have built an incredible team of talented individuals at Moncord. This acquisition significantly increases Transactly’s ability to serve agents, teams, and brokerages in all key markets across the country.”
Moncord was founded by Alex and Lisa Mont-Ros, a husband and wife duo whose leadership in recent years has grown Moncord into the leading transaction coordination service in the Pacific Northwest, helping their clients close over $5 billion in transactions. “This is a natural next step for Moncord,” said Alex of the acquisition, “Our goal has always been to empower TCs so they can be their best, which enables real estate agents to focus on efficiency and growth. With Transactly’s ever-improving tech -- which truly stands alone in the industry -- our coordinators will continue to deliver the level of excellence which clients have come to expect from both Moncord and Transactly.”
Transactly has retained all existing Moncord staff, and is enrolling all transaction coordinators and clients into their technology platform to ensure an ever-improving digital client experience -- something that is otherwise lacking in the real estate industry.