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IMG attends GlobeSt conference in Los Angeles 

This week, IMG President & CEO, Neil Schimmel, and Director of Acquisitions & Dispositions, Kevin Crook attended the national GlobeSt APARTMENTS 2019 event in downtown Los Angeles.  The event brought together key industry stakeholders to network and exchange ideas on the current as well as future challenges and opportunities and included…

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IMG Announces New Investment Opportunity in Raleigh

  Update: This offering is now fully subscribed. Contact Dave Mikkelsen at investor.relations@imgre.com or (971) 888-4010 ext. 108 for more information. Investors Management Group, Inc. (“IMG”), as Sponsor, is now accepting commitments from Tenancy in Common and LP (Member) investors in Livingston at Laurel Hills, offered as a 506(c) security….

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Events, Latest News

IMG Premieres Original Multifamily Investor Event Series

WOODLAND HILLS, CA — Oct. 21, 2019 — Investors Management Group, a national multifamily owner/operator, hosted a first-of-its-kind real estate investor event series on October 15-17 with stops in Atlanta, Charlotte and Raleigh. “Our mission for this series of events was to give both new and experienced investors an in-person…

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IMG Adds Woodland Hills Staff, Expands Portland Office

Investors Management Group, Inc. (“IMG”) has expanded its financial operations, asset management and investors relations teams with a total of five new hires. IMG’s investor relations and asset management teams will be based at its downtown Portland, Oregon location while the acquisitions, analyst and finance staff remain at the firm’s…

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Yardi Matrix Report Portrays Consistency in Multifamily Market

Yardi reports another month of strong performance in the multifamily market There’s more good news for apartment investors. The latest report from Yardi Matrix notes that long-term trends are more favorable for multifamily than for other commercial real estate segments.  Year-over-year rent growth was positive in both the lifestyle and renter-by-necessity…

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IMG acquires The Seasons at Umstead in Raleigh

IMG Expands its Southeastern U.S. Footprint with 244 Units in Raleigh  The 244-unit upscale multifamily community represents IMG’s 7th multifamily investment property in North Carolina Investors Management Group, Inc. (IMG) has successfully acquired The Seasons at Umstead, an upscale 244-unit multifamily community in Raleigh, North Carolina. The purchase price was…

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IMG Announces $30.24M Multifamily Sale in Seattle MSA

Woodland Hills, CA – September 10, 2019 – Investors Management Group, Inc. (IMG) today announced the sale of The Orion, a 15-story, 168-unit multifamily high-rise in downtown Tacoma, Washington for $30.24M.  Prior to IMG’s acquisition in 2014, the property suffered from decades of deferred maintenance and poor management; occupancy and…

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‘Bad’ vs ‘Balanced’ —Translating this week’s headlines

By: Karlin Conklin, Principal & Executive Vice President, Investors Management Group Published: July 19, 2019 CNBC reported this week that The American Institute of Architects (AIA) Architecture Billings Index fell into negative territory in June. The article’s headline “Bad sign for commercial real estate” is eye-catching for multifamily investors, although…

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IMG acquires its eighth Metro Atlanta investment property

Woodland Hills, CA (July 11, 2019) — Investors Management Group, Inc. (“IMG”) announced today it has closed on a 264-unit apartment community in Duluth, Georgia. This is the firm’s eighth Metro Atlanta investment property since 2013. The property, formerly known as Amber Mill Apartments, was acquired for $35.1M. Completed in…

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IMG Attends NAA Conference in Denver

IMG’s active engagement on asset and property management trends recognized with attendance at NAA’s 2019 Apartmentalize Conference in Denver Apartmentalize, hosted by the National Apartment Association, is a multifamily industry premier event bringing together top thought leaders and trendspotters from across the U.S. CEO Neil Schimmel and Asset Management Director…

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IMG Featured on Strategic Investor Radio

 IMG Principal Karlin Conklin, a longtime contributor to a wide range of multifamily/real estate investment publications, including Kiplinger, Globest.com, Multi-Housing News, et al, discusses value-added real estate opportunities on Strategic Investor Radio with Charley Wright. Listen Now: Institutional Level Multi-Family Real Estate with Charley Wright Published: May 15, 2019…

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IMG Selected for Groundbreaking UNCC Investment Program

A groundbreaking educational program at the University of North Carolina at Charlotte recently closed their first investment on behalf of a university investment fund. In February 2019, Master of Science in Real Estate (MSRE) students in the Belk College of Business at UNC Charlotte turned classroom instruction into real-world experience…

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Yardi Matrix: “Charlotte Goes Full Speed Ahead”

Economic Growth in Charlotte, North Carolina Props Up Demand Multifamily continued to be a top-performing sector in Charlotte in 2018. The metro’s long-established financial, energy and logistics businesses continued to thrive, prompting extended demand for multifamily product across asset classes. Above-average employment growth and positive demographic trends have also boosted…

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Charlotte Community Trades for $46M

The 324-unit garden-style property changed hands with the help of a $31.2 million Freddie Mac acquisition loan arranged by Berkadia. Published in Multi-Housing News – MAR 18 2019 By: Lucia Morosanu Fairfield Residential has sold the 324-unit Canopy at Baybrook in Charlotte, N.C., for $45.5 million, according to Yardi Matrix data….

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IMG Featured as a Sponsor of ALTSLA 2019 Los Angeles

IMG Co-Sponsors ALTSLA 2019 Conference in Los Angeles Recognized as the “West Coast’s premier alternative investment conference,” ALTSLA 2019 drew over 1,000 industry experts from across the country for discussion, education and commentary on a variety of alternative investment topics including investment real estate. The event was held in Los…

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IMG Acquires $45.5M Charlotte Asset

IMG Expands its Portfolio to 2,234 Units with Canopy at Baybrook Acquisition Woodland Hills, CA – February 27, 2019 – Investors Management Group (“IMG”) successfully acquired the 324-unit multifamily community currently known as Reafield Village in Charlotte, NC. IMG sponsored a group of more than 100 investors, including 1031 exchange buyers,…

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CoStar Analysts: Apartment Demand “Keeps Surprising”

Source: CoStar.com | February 07, 2019  The apartment market’s party was supposed to break up last year after a decade of robust rent growth, falling vacancies and record sales left most experts predicting an inevitable slowdown. It didn’t happen, leaving analysts to watch in 2019 for the effects of too…

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IMG Announces $16.5M Multifamily Sale in Tampa MSA

IMG Announces $16.5M Multifamily Sale in Tampa MSA Woodland Hills, CA – January 15, 2019 – Investors Management Group (“IMG”) is pleased to announce its successful sale of Clearwater Oaks, a 200-unit multifamily property located in Clearwater, Florida. The property includes 23 buildings on a wooded 11-acre site at 1121 Druid…

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Multifamily: The Right Approach Right Now for Passive Investors

What is the right approach right now for passive income investors?  Multifamily has always offered an attractive risk-adjusted real estate investment. As an asset class it is especially compelling right now, given favorable economic and demographic trends against a backdrop of late-stage cycles in real estate and financial markets. IMG…

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ULI’s Expected Best Bets for 2019

IMG Principals Neil Schimmel and Karlin Conklin selected the following highlights from the ULI Emerging Trends in Real Estate® Report 2019, the most highly regarded and widely read forecast report in the real estate industry. Expected Best Best: Garden Apartments While the multifamily sector registered an overall NCREIF total return of 6.38…

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MHN: IMG Acquires Suburban Atlanta Asset

View Full Article on Multi-Housing News  Domum Real Estate Partners has sold The Eclipse, a 175-unit Class B community in the northeastern suburbs of Atlanta, for $22.2 million. Walker & Dunlop provided the buyer, Investors Management Group, with a 10-year, $15.1 million Freddie Mac acquisition loan. The purchase comes on…

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