Dwellsy's Rental Property Inventory Grows Week after Week

PR Newswire | April 08, 2020


Dwellsy announced today that its rental property inventory now exceeds seven million units, including some of the largest, and most reputable multifamily communities. The American experience is diverse and varied. This is ever true for renters. On our platform, we feature rentals for every type of renter — those looking for single-family homes and others wanting to reside in larger, amenitized communities," said Jonas Bordo, Dwellsy CEO. "We feel honored that many of the most notable brands in the Multifamily Housing industry have chosen to list with us. Dwellsy is a website for residential home rentals, built on the radical concept that true, organic search in a free eco-system creates more value than the pay-to-play model embraced by all of the current rental listing services.

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Retailers will experience a strong omni-channel Christmas this year, and the number of new stores being opened by existing retailers and new entrants to the UK market is likely to rise in 2016.


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REAL ESTATE INVESTMENT

Hamilton Zanze Sells Multifamily Community in Las Vegas Metro

Hamilton Zanze | June 14, 2022

San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Miro at the Parc apartment community located in the desirable Henderson/Green Valley submarket of Las Vegas, Nevada. The firm purchased the property in 2014 and the sale closed on May 25, 2022. Newmark's Doug Schuster represented the sellers at acquisition and disposition. During their ownership, Hamilton Zanze completed numerous exterior and landscaping improvements, and several amenity upgrades as well. Las Vegas continues to be a solid market with strong population and job growth. Miro at the Parc represents the 10th Las Vegas property sale for Hamilton Zanze. We were ahead of schedule with our business plan and returns well-exceeded our initial expectations. It is great to deliver this win to our investors." Anthony Ly, senior director of dispositions at Hamilton Zanze Miro at the Parc was built in 2013 and is located at 1651 American Pacific Drive in Henderson. The property comprises 164 one- and two-bedroom units averaging 1,043 square feet. The community has a 5,000-square-foot clubhouse with TV rooms, pool tables, shuffleboard, arcade games, and a 24-hour fitness center. The property also has a pool with a beach area, fire pits, showers, and an infinity hot tub. Miro at the Parc is in the Henderson/Green Valley submarket of the Las Vegas metro area, one of the most affluent submarkets in the market. The property is conveniently located close to two major freeways, I-515 and I-215, which provide easy access to downtown Las Vegas. Additionally, the property is located just a 20-minute drive west of the Las Vegas Strip, which provides entertainment, shopping, and dining for residents. About Hamilton Zanze Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.9 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 132 properties (22,821 units) across 17 states and 30 markets.

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REAL ESTATE INVESTMENT

MYSA Estate Property Management Selects Yardi Cloud Platform

MYSA and Yardi | August 16, 2022

MYSA, a subsidiary of Pearl Investment LLC, has chosen the Yardi® platform to enhance its end-to-end real estate operations from prospect nurturing to financial management. The company will utilise solutions from Yardi's Residential Suite; including Voyager for property management and accounting and RentCafe CRM which will digitise their entire leasing journey from lead to lease. Tenant services will be enhanced via a resident self-serve portal for payments and maintenance requests and a landlord dashboard will provide instant insight in relation to the business's most important KPI's. "Yardi's all-in-one solution will enable us to oversee the management of our portfolio through a single platform, By implementing the cloud-based technology, we will be able to streamline the end-to-end process, access better insights and provide an enhanced service to our tenants." -Sajjad Kalam, managing director for MYSA Estate Property Management Yardi technology will help digitise operations, simplify processes, automate complexities and help future growth, We're excited to work with MYSA and are delighted that Yardi continues to further help companies with their real estate digitisation strategies across the Middle East,said Neal Gemassmer, vice president of international for Yardi. About MYSA Estate Property Management LLC MYSA, a subsidiary of Pearl Investment LLC, develops property management solutions for residential, commercial, hospitality and mall management. The company is passionate about creating the right space for its clients, building bespoke worlds. MYSA is the property management division of Flora Hospitality. For more information, please visit mysaestate.com. About Yardi Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. With 8,000 employees, Yardi is working with clients globally to drive significant innovation in the real estate industry.

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REAL ESTATE TECHNOLOGY

Houston Multifamily Community with Significant Value-Add Potential Trades Hands via Walker & Dunlop

Walker & Dunlop, Inc. | June 02, 2022

Walker & Dunlop, Inc. announced that it completed the sale of Parc at Champion Forest, a 232-unit, garden-style apartment property located in Houston, Texas. Built in 2000, the community provides the buyer with an excellent opportunity to implement a greater value-add program by renovating units, in addition to the 95 recently upgraded by the seller. Ryan Epstein and Jennifer Ray of Walker & Dunlop Investment Sales represented the seller, Commerce Capital Partners, while Paul House and Larry Perez of Walker & Dunlop's Capital Markets group secured the financing for the buyer, Lone Star Capital Group. The teams worked to coordinate with several parties on behalf of their clients, including agencies and local government entities, to ensure compliance with the property's existing Land Use Restrictive Agreement (LURA), which is set to expire in May 2023. With steady population growth and employment growth, Lone Star Capital remains bullish on Houston multifamily, particularly workforce housing such as Parc at Champion Forest. We are excited to build from the seller's successful renovations at Parc at Champion Forest, which is well-poised to benefit from strong demand and limited new supply in the submarket. Parc's suburban setting coupled with its convenience to jobs and retail make it a dynamic investment for either short term value-add or longer-term yield." Rob Beardsley,Lone Star Capital's "With the extreme demand for affordable housing, Parc at Champions Forest will continue to service the community it is has for years as upgrades are completed," commented Mr. Epstein. "The community is also an excellent investment opportunity, given its high-visibility location in Houston, strong value-add potential, and LURA expiring in less than two years. Walker & Dunlop's Houston Multifamily Investment Sales Team exclusively listed the property for our client and helped to find the perfect buyer looking for long-term stability, future rent growth, and value appreciation." Parc at Champion Forest is a three-story multifamily community, comprised of 112 one-bedroom units, 108 two-bedroom units, and 12 three-bedroom units, situated along Bammel North Houston Road in the Champions area. Bammel North Houston Road, which experiences traffic of nearly 50,000 cars per day, allows residents to easily locate nearby retail, including Willowbrook Mall, Willow Center, North Oaks Shopping Center, and Kroger. Walker & Dunlop is a leader in multifamily property sales, having completed $19.3 billion in property sales volume in 2021 alone, up 214% from 2020. The firm was also the third largest provider of capital to the U.S. multifamily market, originating $49 billion in transactions and lending over $42 billion for multifamily properties in 2021. For information about multifamily properties available for sale via Walker & Dunlop's investment sales platform, visit our website. About Walker & Dunlop Walker & Dunlop is the largest provider of capital to the multifamily industry in the United States and the fourth largest lender on all commercial real estate including industrial, office, retail, and hospitality. Walker & Dunlop enables real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. The power of our people, premier brand, and industry-leading technology make us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,400 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.

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REAL ESTATE ADVICE

Bowman Consulting Group Ltd. adds Gary VanAlstyne as Branch Manager, Principal of Leesburg, Virginia Office

Bowman | July 11, 2022

Bowman Consulting Group Ltd. (“Bowman”) announced that Gary VanAlstyne joined the company as branch manager and principal at its Leesburg, Virginia office. VanAlstyne has more than 30 years of experience in construction and development. As a Bowman branch manager/principal, VanAlstyne is responsible for providing consistent, effective leadership through stability, innovation, and common-sense solutions. Before joining Bowman, VanAlstyne served as vice president of Davis Utility Consulting, LLC, as director of design and construction services of the Loudoun County Public Schools, and as a member of the FSM Public Review Committee of the Loudoun County Government. He furthered his career working for Toll Brothers, Inc. as regional AVP and served as vice president of development for both Beazer Homes and Lennar. In addition, VanAlstyne owned and operated a development consulting firm in the residential, commercial, and recreational markets on the Eastern seaboard. He designed and built golf courses working with Arnold Palmer and Rees Jones as well as designing numerous master planned communities and various water parks around the country for Six Flags, Dollywood, and others. Before joining Bowman, he worked closely with the company as a client and had the opportunity to meet and collaborate with many individuals at the engineering services firm. “The industry has changed since I started working with Bowman in the early 2000s on residential subdivisions,” he said. VanAlstyne’s relationships with Bowman and the industry have allowed him to adapt and learn about different projects and clients and helping assure that Bowman is the “go-to” firm for engineering services in Loudoun County. “Thanks to his 22 years as a Bowman client, Gary VanAlstyne is a perfect addition to our team and we look forward to his continued contribution to Bowman’s success,” Bowman Chief Operating Officer Mike Bruen Bowman’s IPO and subsequent acquisitions compelled VanAlstyne to join the company and return to consulting. “I have come full circle,” he said. “I have been a Bowman client for over 20 years and having that experience as well as being a consultant and an owner’s representative helps me enhance the customer service experience,” he added. “What makes Bowman different from its competitors is its size and depth of specialized skills across the country, providing clients the ability to obtain all the services needed in one place and enhance my goal of bringing the customer experience to a new level.” VanAlstyne earned a Bachelor of Science in Civil Engineering (BSCE) and a geotechnical minor from Union College in Schenectady, NY, and is a registered professional engineer in NY, PA and VA. He is an active member of the Northern Virginia Builders Industry Association (NVBIA), the Loudoun County Chamber of Commerce and the National Association for Industrial and Office Parks (NAIOP). VanAlstyne is also a member of the Construction Owners Association of America (COAA) and the Urban Land Institute (ULI). About Bowman Consulting Group Ltd. (Bowman): Headquartered in Reston, Virginia, Bowman is an engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment. With over 1,400 employees and more than 60 offices throughout the United States, Bowman provides a variety of planning, engineering, construction management, commissioning, environmental consulting, geomatics, survey, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN.

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Spotlight

Retailers will experience a strong omni-channel Christmas this year, and the number of new stores being opened by existing retailers and new entrants to the UK market is likely to rise in 2016.

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