REAL ESTATE INVESTMENT
VENTERRA REALTY | December 20, 2021
Venterra Realty has purchased The Villages at Oakleaf, a 512-unit, garden-style multifamily, located within the Oakleaf Plantation master-planned community and consisting of Gemstone, Fieldstone, Cobblestone, and Village at Oakleaf Plantation in suburban Jacksonville, Florida.
The Villages at Oakleaf was built in five different phases between 2008 and 2018. It is the only apartment community in Oakleaf Plantation, giving it unique access to the centralized multi-million-dollar community recreational amenity center, which includes swimming pools, a water park, picnic areas, sports fields, tennis courts, basketball courts, and indoor fitness centers
Located in Clay County, an area known to have a superior school system, the community provides a desirable living choice for families. With the presence of large unit sizes and many floorplans offering 3- and 4- bedroom options, as well as many kid-friendly amenities including a playground, The Villages at Oakleaf can provide families with an exceptional living experience. All three schools to which The Villages at Oakleaf are zoned are highly rated and within walking distance.
We are pleased to announce the acquisition of these premier assets and add another high-quality property to our Florida portfolio,Demand for family-centric rental options is strong in today's housing market. The Villages at Oakleaf stood out to our acquisition team due to its extensive amenity package across the property sure to appeal to all types of renters, with families at the forefront."
John Foresi, Venterra CEO
Jacksonville was ranked as the fastest-growing Florida city by the U.S. Census Bureau in 2020, ranking 9th in the country in terms of highest in-migration in the U.S. Before the pandemic, Jacksonville averaged 2.6% annual job growth between 2011 and 2019, compared to the U.S. average of 1.7% for the same period. The Jacksonville MSA is one of only a handful of major markets in the country that has recovered all jobs lost during the pandemic.
Jacksonville's booming population and demand was a key driver in this acquisition, We look forward to optimizing the operations at this community, creating value for our investors, and providing an exceptional living experience for residents of Jacksonville."
Venterra Chairman, Andrew Stewart.
Venterra will implement its resident-focused programs such as the Live it. Love it. Guarantee.™, the 48-Hour Maintenance Guarantee, SMARTHUB, as well as their overall commitment to providing a world-class living experience for which Venterra has become known.
Founded in 2001, Venterra Realty owns and manages approximately 70 communities and more than 20,000 apartment units across 13 major US cities that provide housing to over 40,000 people and 12,000 pets. The organization has completed $7.2 billion in real estate transactions and currently manages a portfolio of multi-family real estate assets valued at approximately $4.0 billion. Venterra is committed to improving the lives of its residents by delivering industry-leading customer experience.
MoxiWorks | June 09, 2020
MoxiWorks, a leading real estate technology platform provider, and 1000watt, a creative and marketing agency dedicated to real estate, have announced a partnership to provide real estate brokerage companies with web design and messaging services that will strengthen their value proposition and create competitive advantage. Under terms of the partnership agreement, MoxiWorks clients who are looking to further enhance their website may elect to upgrade to a design created by 1000watt's award-winning design team. The upgrade also includes positioning and value proposition copy for the website homepage. Both design and copy will be informed by a discovery workshop conducted by 1000watt.
REAL ESTATE TECHNOLOGY
Infutor | May 19, 2021
Infutor, a consumer identity management company, has announced a collaboration with ICONYCS, a housing and demographic analytics PropTech startup. ICONYCS will improve its socio-economic property trend solutions for analysts, risk managers, traders, and public and government service providers with Infutor's comprehensive historical property and Prop estate info.
“From the initial concept phase, task one has been to promote homeownership opportunities for any eligible person in the United States,” said David Van Waldick, founder and CEO of ICONYCS and a real estate veteran. We will further segment critical data with Infutor's unparalleled historical property data collection to ensure homeownership is more inclusive in all areas – including lenders' marketing, financing, and allocation decisions – and more people can fulfill the American Dream of homeownership.”
Real estate ownership and investment have become a major political, economic, and social problem. End users and strategic collaborators will scan markets nationwide for real estate-centric data points and build intuitive nodes using ICONYCS' socio-economic analytics platform with powerful Microsoft BI reporting functionality.
Gary Walter, CEO of Infutor, said, "It's immensely satisfying to collaborate with organizations like ICONYCS who are trying to disrupt markets and increase access to housing inventory for more Americans." “We are honored to be ICONYCS' data partner as they seek to help their clients better understand and access complex socioeconomic housing shifts.
Infutor gathers deterministic, authoritative, and permissible data from a variety of sources, including phone data, deed and property information subscription systems, and a variety of other privacy and security-compliant sources. Infutor combines these records into a single identification graph that distinguishes individuals and links them to first-party data. As a result, you'll have a list of unique individual residential backgrounds as well as demographic information. Snowflake's Data Marketplace has the Infutor and ICONYCS data sets.
Residential real estate business priorities are core drivers of political, fiscal, and socially challenging issues, and ICONYCS provides a strategic suite of tools and solutions to market interests in residential real estate. A Socio-Economic Home Ownership analytic system has been designed, developed, and marketed by ICONYCS to end-users and strategic partners. Market analysts, strategic managers, lenders, insurers, economists, the news media, government, and other public and private users will now be able to search nationwide markets down to the state, county, community, neighborhood, and property level, identifying Real estate centric data points and creating intuitive nodes.
Infutor is a leader in consumer identity management and resolution based on data. The company's sole focus is on allowing brands to have instant access to the most complete and precise information about their customers, right where they need it, so they can make better marketing and risk mitigation decisions. Infutor has been elected to the Inc. 5000 list and named a Best Place to Work by Crain's Chicago and Built-In Chicago in the past year. Infutor is a privately owned firm established in 2003 with Norwest Venture Partners as a strategic investor. The headquarters of Infutor is in Oakbrook Terrace, Illinois.