Schottenstein Real Estate Group sells developments for $177 million and announces 1200 new construction units
prnewswire | February 02, 2021
Schottenstein Real Estate Group, one of the biggest land improvement organizations in the Midwest, declares the offer of three of their advancements adding up to $177 million. The Delaware County advancements included are Powell Grand Communities, situated on Sawmill Parkway and Seldom Seen Roads, and Northlake Summit situated at Route 36/37 and I-71, which were offered to Cortland. Furthermore, Central Gardens Grand situated in Palm Beach Gardens, FL was offered to L&L Investors. Overseeing Partner for Schottenstein Real Estate Group, Corey Schottenstein expressed, "Our developments were located in perfect locations for these times in high end suburban areas, and the type of product we develop is probably one of the best real estate investments in the current economic climate."
President of Schottenstein Real Estate Group, Brian Schottenstein says, "Our company has been fortunate to achieve a great year despite the unfortunate Covid pandemic, thanks to all of our employees involved and the nature of our developments. We currently have over 1200 new units in construction, and as our industry continues to boom, more are planned."
Schottenstein Real Estate Group's emphasis on top of the line rental advancements is unequivocally obvious in their new tasks. One of the freshest: Liberty Grand Communities is the principal actually enormous arranged rental local area affirmed in Liberty Township, Delaware County, OH. Freedom Grand Communities sits on 300 sections of land only northwest of Olentangy Liberty High School close to Sawmill Parkway and Home Roads. It incorporates a blend of condos, garden lofts and farm homes, all with a couple of vehicle carports and different recently planned plans incorporating those with first floor main rooms. Occupants can exploit creative conveniences including a 14,000 square foot clubhouse, bocce ball, pickle ball, canine park, putt, a local area garden, resort style pool and lap pool, lounges, fishing wharf, bistros, card rooms and a 24-hour wellness focus. Freedom Summit is likewise in development in Liberty Township, Delaware County, OH. Orange Grand Communities is at present being created as the freshest and most pleasant rental local area ever underlying Orange Township, Delaware County, OH.