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Portfolio

Portfolio

144 Units • Raleigh, NC • Sommerset Place

IMG Purchases Raleigh Multifamily for $14.3M Investors Management Group’s ownership group has purchased Sommerset Place Apartments, a 144-unit property in Raleigh, NC for $14.3M as part of its Syndication Platform. The Company will execute an $8,200/unit value-add strategy to capitalize…

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Portfolio

136 Units • Portland MSA • Caldera at Sunnybrook

Investors Management Group, Inc. (“IMG”) is pleased to announce the acquisition of Caldera at Sunnybrook (formally Lawnfield Gardens), an exceptional multifamily property located 10 miles from Portland’s Central Business District.   PRICE: $19,150,000 UNITS: 136 PER UNIT: $140,800 PER SF:…

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Portfolio

230 units • Greater Miami Area • Waterleaf

Investors Management Group, Inc. (IMG) acquired Waterleaf, a 230-unit apartment community in the northern Greater Miami Area, approximately 50 miles north of West Palm Beach. IMG, as sponsor, purchased Waterleaf with a Tenant-In-Common ownership group that included five 1031 Exchanges….

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Portfolio

200 units • Tampa MSA • Clearwater Oaks

Axiometrics: “The Tampa-St.Petersburg metro had the 8-highest rent growth [among the top 50 U.S. metros]” Investors Management Group (“IMG”), Inc. has recapitalized the ownership of Clearwater Oaks, a 200-unit townhome community in the heart of Clearwater, Florida. The property is…

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Portfolio

90 units • Charlotte • Bridges at Quail Hollow

Investors Management Group (“IMG”), Inc. recently acquired Bridges at Quail Hollow, a 90-unit townhome community in Charlotte, NC. The acquisition closed March 1, 2017. THE OPPORTUNITY: Unique opportunity to purchase a B-quality asset in an upscale neighborhood with strong upside…

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Portfolio

108 units • Seattle MSA • Valley Vista

Investors Management Group, Inc.  Announces the Acquisition of Valley Vista Apartments 108 units – Seattle MSA – Top 3 U.S. CRE Market Investors Management Group, Inc. (IMGRE) acquired Valley Vista Apartments in October 2016, a 108-unit community located in Tacoma,…

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Portfolio

168 units • Seattle MSA • The Orion

The downleg property, Forest Creek Apartments (a 92- unit community in Kent, Washington) had an impending loan maturity in July 2014. The ownership group was comprised of six Tenant-In-Common (TIC) owners whose investment goals were no longer aligned. The decision…

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Portfolio

179 units • Seattle MSA • Foster Creek

Seattle MSA – Acquired Aug 2015 – $17.7 million Foster Creek is a beautiful apartment home community consisting of one and two bedroom floor plans. The property is situated in a well-kept area in Tukwila, Washington (Seattle MSA) close to…

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Portfolio, Sold

Sold: 219 units • Atlanta MSA

Ansley Place Acquired: July 2014 Price: $21,050,000 Units: 219 Year Built: 1985 Ansley Place Apartments offers one, two and three-bedroom apartment homes centrally located in Sandy Springs, GA (Atlanta MSA) close to abundant shopping, dining, schools, parks and entertainment options….

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Portfolio, Sold

Sold: 574 units • Charlotte

SOLD MARCH 2018 Multi-Housing News March 30, 2018 FCP has acquired the Reserve at Providence, a 574-unit, garden- and townhome-style apartment community in Charlotte, for $60.8 million The Reserve at Providence is a 574-unit garden-style community that includes a dog…

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Portfolio, Sold

Sold: 357 units • Tampa

Captiva Club   Acquired: 06/23/14 Purchase Price: $24,750,000 Cap Improvements: $3,208,000 Sale Date: 10/25/16 Hold Period: 2.3 yrs Sale Price: $34,256,000 Project IRR: 27.4% Project EM: 1.70x   Save Save Save Save Save

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Portfolio, Sold

Sold: 240 units • Seattle MSA

Sunset View Seattle MSA   Acquisition Date: 03/31/14 Purchase Price: $21,920,000 Capital Improv.: 1,960,000 Sale Date: 09/30/16 Hold Period: 2.5 yrs Sale Price: $33,600,000 Project IRR: 41.5% Project EM: 3.46 x Investor IRR: 34.8% Investor EM: 3.15 x

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