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 TECHNOLOGY
Anurag Khadkikar | July 29, 2021
Lev, the leading online commercial real estate finance transaction platform, announced a $30 million Series A investment led by Greenspring, with participation from First American Financial. In addition, existing investors such as NFX, Canaan Partners, JLL Spark, Animo Ventures, and Ludlow Ventures participated in the round. The amount raised is one of the largest in the commercial real estate (CRE) financing space to date, and it will help Lev's mission of assisting CRE investors in obtaining the best financing for their properties by combining the collective knowledge of Lev's expert team with hundreds of millions of data points.
The funds raised will be utilized mainly to expand Lev's team, both at their New York City headquarters, Miami R&D center, and Los Angeles outpost, as well as via remote positions. In addition, continued investments in product development and service expansion will be made. Lev closed about $100 million in loans in its first year of operations in 2020 and is expected to close more than $1 billion in 2021.
Lev is a full-stack transaction platform for the commercial real estate investment lifecycle, from analysis, financing, and closing through monitoring, servicing, and, when the time comes, disposition. Lev products are developed in-house by a team of experts that combine their knowledge of capital markets with cutting-edge technology, processing a huge amount of loan data through custom machine-learning software to manage even the most complicated transactions.
Lev products are developed in-house by a team of experts that combine their knowledge of capital markets with cutting-edge technology, processing a huge amount of loan data through custom machine-learning software to manage even the most complicated transactions.
Lev assists commercial real estate owners and investors in obtaining the best financing possible for their properties. Lev's capital markets experts use machine learning technologies to analyze your portfolio better, find the appropriate lender for each transaction, and close deals fast while keeping clients informed at all times. Lev, founded in 2019 and based in New York City's SoHo area, transacts across all asset types throughout the country.
REAL ESTATE TECHNOLOGY
prnewswire | February 11, 2021
Koch Real Estate Investments, an associate of Koch Industries, Inc. today reported the obtaining of a to-be-finished Las Vegas resort situated at 2777 South Las Vegas Boulevard. The arrangement is in association with Fontainebleau Development.
Koch and its accomplished accomplices give the interesting capacity to consolidate persistent, long haul capital with top tier tasks. Together, the organizations have a shared interest in the recuperation and development of Las Vegas and the friendliness business overall. With Las Vegas' travel industry recuperation in progress, the city has securely returned to a large number of guests since June with significantly more accomplishment not too far off.
"We believe strongly in the Las Vegas market and see the property as a great opportunity to contribute to the long-term success and positive trajectory of this vibrant and innovative region," says Jake Francis, President of Koch Real Estate Investments. "We are excited about the partnership and look forward to working together as the project evolves."