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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…

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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,…

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IMG Sells Norfolk Asset For $17M

Investors Management Group, Inc. is pleased to announce the successful closing today of The Lafayette, A Riverfront Apartment Community in Norfolk, Virginia. Built in 1963, The Lafayette is a 168-unit high-rise apartment community composed of one, two and three-bedroom apartment…

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Ann Blume Promoted to Director of Asset Management

Ann Blume, formerly Investors Management Group’s director of private equity is now IMG’s director of asset management. Blume will be responsible for overseeing the company’s assets nationwide including oversight of operations, capital projects and asset preservation. Her responsibilities also incorporate…

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IMG Sells Charlotte Asset for $60M

The Reserve at Providence is a 574-unit garden-style community that includes a dog park, a picnic area and three pools Source: Multi-Housing News, by D.C. Stribling | March 30, 2018 FCP has acquired the Reserve at Providence, a 574-unit, garden-…

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How the New Tax Reform Act Helps Multifamily

How the New Tax Reform Act Helps Multifamily Changes to rules governing depreciation, pass-through entities are especially beneficial. By Douglas Fisher, MULTIFAMILY EXECUTIVE A lot has been written about the new Tax Cuts and Jobs Act (TCJA) and its potential…

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MHN: IMG Sells 586-Unit Atlanta Community

American Landmark has acquired Madison at River Sound, a multifamily community in Atlanta’s suburb of Lawrenceville, Ga., from Investors Management Group Inc.  Berkadia arranged the financing on behalf of the buyer. Located at 980 Walther Blvd., the 586-unit community features…

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Strong Multifamily Market To Continue In 2018

Source: Rental Housing Journal 1/23/18 The multifamily market will see continued strength in 2018, largely mirroring last year’s performance, according to new findings in the Freddie Mac Multifamily 2018 Mid-Year Outlook. The outlook also shows Sacramento, Portland, Seattle, Tacoma and…

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North Raleigh apartments sell for $14M

Source: Triangle Business Journal January 3, 2018 by: Ben Graham, Staff Writer A California real estate investment firm has paid $14.3 million for a 144-unit complex in north Raleigh and plans to pump another $1 million into renovating the buildings….

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