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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REAL ESTATE TECHNOLOGY
OrbVest | May 22, 2021
OrbVest, a global real estate company that invests in US income-producing medical commercial real estate recently closed its purchase of Talavi Spectrum, a 75,636-square-foot office property located in Glendale, Arizona for $13,000,000.
“We are actively checking out medical office buildings in Arizona to enrich our current portfolio, and therefore the Talavi building provides us with an ideal opportunity to re-establish the building as a prestigious medical office. We were particularly interested in the high-quality construction, business park location, and therefore the strong demographic trends we are seeing within the Northwest Valley,” said Martin Freeman, OrbVest CEO.
Talavi Spectrum is found at 5701 West Talavi Boulevard in Phoenix, Arizona during a strong market with limited future development opportunities. it's a two-story, 74,662-square-foot, multi-tenant office block that was 88% occupied at the time of sale. Originally developed in 2002 by The OPUS Group on 5.73 acres, the category A property features high-quality construction, functional floor plates, interior improvements, and a singular campus-style setting within the 67-acre Talavi Business Park.
Talavi Spectrum is well-positioned south of Bell Road – one among the foremost popular roadways in Phoenix. Talavi Spectrum is conveniently located but two miles from the Loop 101 Freeway and is adjacent to retail properties like Talavi Towne Centre (anchored by a Walmart Supercenter), Sprouts Center, and Glendale market square.
Talavi Spectrum is OrbVest’s second acquisition within the greater Phoenix metropolitan area. Earlier in Q1, OrbVest closed on 555 North 18th Street, a 49,751-square-foot, multi-tenant class A medical office block. “OrbVest’s expansion into Arizona is driven by the basics that underpin value growth, most notably Phoenix is already the fifth-largest city within us and growing rapidly. Population migration and business expansion buoyed by low population density and lower cost of living position Phoenix for long-term, post-pandemic growth,” says Freeman.
Talavi Spectrum is OrbVest’s fourth acquisition since the beginning of 2021, securing its third property in Princeton, New Jersey, a medical and office block comprising 40,028 square feet of rentable space; a 76,771-square-foot medical office block in Fleming Island, Florida; and an 11,852-square-foot Great Expressions Dental Centers office situated on 1.15 acres in Fayetteville, Georgia.
OrbVest is actively seeking additional medical office block investments across the U.S in an attempt to scale back concentration risk and supply enhanced diversification for its investors.
About OrbVest
OrbVest is a global real estate company that invests in the U.S income-producing medical commercial real estate. Within seven years, OrbVest has achieved a portfolio of over a million square feet representing >$300m real estate under management (REUM) with a 65% reinvestment rate.
OrbVest’s goal is to form investing in global land simple for little and enormous investors who are ready to invest from as little as $5,000. Clients use a convenient online platform to take a position directly into low-risk commercial assets, primarily within the Healthcare niche. The investments generate regular dividends (±8% per annum) that are distributed every quarter creating annuity income and long-term wealth over the amount of investment. (Targeted IRR of 11% to 17%).
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prnewswire | October 07, 2020
LCR Capital Partners is excited to announce that Louis Frost has agreed to join LCR as a Senior Advisor focused on real estate developers, real estate transactions, and related elements of LCR's business. Lou brings a wealth of real estate and finance experience to LCR having closed over $30 billion in real estate and finance transactions over almost twenty years. Prior to joining LCR, Lou served as KPMG's National Real Estate Advisory Leader, a Senior Vice President with Macquarie Capital's Real Estate Private Equity Team, a Vice President with Goldman Sachs' Real Estate Investment Banking Team, and as an investment banking associate at Deutsche Bank.
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