Facilio Inc. | May 28, 2020
Facilio Inc., an AI-driven property operations and maintenance platform, today announced the launch of REbuild, a ready-to-deploy operations toolkit that helps real estate owners respond to the operational challenges posed in the post-pandemic recovery phase. REbuild is in line with Facilio's mission to provide robust tech solutions that help the industry adopt a flexible and agile operating model. The new operational toolkit enables real estate owners and operators to generate quick wins by remotely controlling building operations, automating maintenance processes, and restoring tenant confidence. REbuild also includes a knowledge-sharing video series, a community resource that can be streamed on-demand, featuring practical insights, case studies, and best practices from industry peers, globally.
REAL ESTATE TECHNOLOGY
prnewswire | November 30, 2020
CIT Group Inc. today reported that its Real Estate Finance business gave a $38 million senior made sure about advance toward the obtaining of a high rise in Winter Park, Florida.
The property, claimed by Phoenix Realty Group ("PRG") and its speculators and associated elements, is known as Lakeside at Winter Park and comprises of 288 units of nursery style lofts on in excess of 26 sections of land with pleasantries including a pool, wellness focus, clubhouse and tennis, ball and volleyball courts. The financing was utilized for the obtaining and to keep progressing redesigns and enhancements at the complex.
"Lakeside at Winter Park is in an attractive location within the Greater Orlando market, a geography PRG has been investing in and targeting for many years," said Ron Orgel, Managing Director and Head of East Coast Acquisitions at PRG. "Given PRG's value-added experience and knowledge of the Orlando market, we look forward to continuing to develop and maintain the facilities at the property, including improving the units and amenity offerings for the residents. We appreciate CIT's agility and expertise in arranging this financing."
"We regularly invest in residential properties in major metropolitan areas and Lakeside at Winter Park is a great fit for our portfolio," said Chris Niederpruem, managing director and group head for CIT's Real Estate Finance business.
CIT's Real Estate Finance business, part of the Commercial Finance division, originates and underwrites senior secured real estate transactions. With deep market expertise, underwriting experience and industry relationships, the group provides financing for single properties, property portfolios and loan portfolios.
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network.
NexPoint | May 08, 2020
NexPoint operates across the real estate landscape, with experience in multifamily, single-family rentals, office, industrial, hospitality, and self-storage, among other property types.
NexPoint's real estate expertise continues to give rise to new investment opportunities that we can bring to investors.
NexPoint's platform provides differentiated access to alternatives through a range of investment solutions, including public and private real estate investment trusts.
NexPoint, a multibillion-dollar alternative investment platform, today announced the addition of three new sales and marketing professionals. The new hires are part of an ongoing expansion of the firm's distribution capabilities designed to support real estate investment offerings and reflect growth across the platform. Including the latest appointments, NexPoint added 17 members to its distribution team in the last year across a range of roles.
NexPoint's real estate expertise continues to give rise to new investment opportunities that we can bring to investors. As we develop our distribution capabilities around these opportunities, we are able to expand access to NexPoint's real estate investment solutions,
Dustin Norris, NexPoint's head of distribution and chief product strategist.
NexPoint operates across the real estate landscape, with experience in multifamily, single-family rentals, office, industrial, hospitality, and self-storage, among other property types. The firm brings this expertise to investors through a range of public and private vehicles and investment solutions, including public and private REITs, closed-end funds, Delaware Statutory Trusts (DSTs), tax-advantaged real estate transactions, and other private real estate investments.
Read More: 8 Steps to Find (& Stick With) the Right Real Estate Investing Strategy for You
In expanding its distribution team, NexPoint has focused on aligning distribution capabilities with the platform's offerings, adding new hires with relevant backgrounds and industry expertise.
Among the latest new hires is David Bulger, who joins as the regional sales director for Florida and Georgia. Bulger spent the previous 14 years wholesaling alternative investment offerings to independent broker dealers in Florida, most recently with Cantor Fitzgerald.
With Bulger, NexPoint has added seven sales directors in the last six months. Others include:
• Scott Belval, who joined as regional sales director for the New England and Upstate New York regions;
• Luke Castanien, who joined as regional sales director for the Great Plains region, covering Kansas, Missouri, Iowa, and Nebraska;
• Kyle Castle, who joined as regional sales director for the Great Lakes region, covering Illinois, Michigan, and Indiana;
• Paul DeMaio, who joined as director of RIA and family office sales;
• Mark Dillion, who joined as regional sales director for the Four Corners region, covering Arizona, Colorado, New Mexico, and Utah; and
• Sean Parvin, who joined as senior regional sales director in the Southern California region.
Other new hires announced today include a marketing manager and an internal sales consultant.
The additions to the team over the last year align our distribution capabilities with the investment opportunities available on the NexPoint platform. As a result, we can better serve financial advisers and their clients, building a broader understanding of investors' evolving needs and bringing them a range of investment solutions from NexPoint,
Kirby Noel, managing director and national sales manager.
Read More: Top Marketing Ideas in Real Estate That Work (in 2020)
NexPoint is an alternative investment platform comprised of a group of investment advisers and sponsors, a broker-dealer, and a suite of related investment vehicles. NexPoint's platform provides differentiated access to alternatives through a range of investment solutions, including public and private real estate investment trusts, tax-advantaged real estate vehicles, other private real estate investments, closed-end funds, interval funds, and a business development company. NexPoint is based in Dallas, Texas and is part of a network of affiliates with expertise across the asset management and financial services spaces. For more information visit www.nexpointfunds.com