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.
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REAL ESTATE TECHNOLOGY
Side | June 01, 2021
Side, the only real estate technology company that only partners with high-performing agents, teams, and independent brokerages to transform them into market-leading boutique brands and businesses, has announced a partnership with Dreamscape Real Estate. The partnership will ensure that Dreamscape Real Estate, a community- and a client-focused company deeply committed to giving back, is powered by the industry's most advanced platform.
Allison Gelbrich, the founder of Dreamscape Real Estate, pursued a profession in real estate to assist families in attaining the American dream in the same way she did. Gelbrich, who was born in South Korea, founded her company on the principle of "paying it forward." Gelbrich is in the top 1% of Temecula Valley Realtors, creating a company based on repeat clients and referrals. Dreamscape Real Estate is happy to serve Riverside and San Diego counties, whether first-time buyers, move-up sellers, military families, or retirees.
Partnering with Side will keep Dreamscape Real Estate at the forefront of an ever real estate market while also allowing its agents to continue providing top services to its clients. A one-of-a-kind premium brokerage platform delivers transaction management, property marketing, lead generation, business growth opportunities, vendor management, and infrastructure solutions to Dreamscape Real Estate agents. In addition, Dreamscape Real Estate will become a member of an exclusive group of Side partners, gaining access to a vast network from coast to coast.
Side is led by veteran industry professionals and world-class engineers who create technologies to increase agent productivity and improve the customer experience. Based on its view that homeownership is a fundamental human right, Side is on a mission to enhance the public good by offering the best system, support, service, experience, and results to top-performing real estate agents, teams, and independent brokerages.
About Dreamscape Real Estate
Allison Gelbrich, the founder of Dreamscape Real Estate, grew passionate about helping others find their American dream after accomplishing her own. She founded the company on the principle of "paying it forward," and she works with a team of professionals who build lifelong relationships and give back to their communities. Dreamscape Real Estate services clients across Southern California, including the counties of Riverside and San Diego.
About Side
Side helps high-performing agents, teams, and independent brokerages grow into profitable businesses and boutique brands 100% agent-owned. Side only works with the best agents, providing them with proprietary technology and a world-class support team to help them be more productive, grow their business, and focus on their clients. The company's headquarters are in San Francisco.
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INVESTMENTS
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.
About Embrey
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.
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