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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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TIC vs. DST: GlobeSt.com Interviews IMG’s Karlin Conklin

GlobeSt.com: What are the differences between DSTs and TICs? Karlin Conklin: There are more similarities than differences between the two structures. First, both forms of real estate ownership can work with 1031 exchanges, provided the deal is structured properly. Second, both allow investors to have a more hands-off approach to…

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Ballast Point apartments sold for $40 million

Tampa Bay Business Journal August 7, 2018 A group of California investors has acquired a Ballast Point apartment property for $40 million Investors Management Group closed on the 276-unit Pavillions at Ballast Point on Aug. 1. The sales price breaks down to $144,927 per apartment. IMG will rebrand the property…

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Tampa Named ‘Most Livable’ City In America

The U.S. Conference of Mayors has named the City of Tampa the “Most Livable” city in the United States. The designation made during the conference of mayors’ 86th annual meeting in Boston stems from Tampa’s first place finish in its 39th annual City Livability Awards Program. The Livability Award recognizes…

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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 homes. It is located in the heart of Norfolk and…

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IMG’s Karlin Conklin featured in Portland Monthly Magazine

Should You Invest in Real Estate? By Zach Dundas  4/24/2018 at 4:17pm  Published in the May 2018 issue of Portland Monthly View Original Article at PDXMonthly.com Karlin Conklin, 60, runs the commercial real estate investment firm IMG Northwest. ZD: Imagine I know nothing about real estate. (Not far from the truth). What are some basics? KC: We…

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MHN: 5 Tips for Investing in Multifamily by Karlin Conklin

Originally published in Multi-Housing News Here’s what an expert is seeing for the second half of 2018 that can help you navigate your next—or first—building investment. by Karlin Conklin | May 02, 2018 Many investment firms are changing their investor pools. Where once all investors were institutional partners (think: billion-dollar…

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Research Triangle Tops Forbes’ 2018 Best Places To Rent List

North Carolina’s Research Triangle Tops Forbes’ 2018 List Of The Best Places To Rent Forbes Staff, April 15, 2018 Home to UNC Chapel Hill, N.C. State and Duke University, North Carolina’s Research Triangle region—including the cities of Raleigh, Durham and Chapel Hill—is best known for top notch universities, but students…

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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 acquisitions due diligence and investor relations. Blume will work out…

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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- and townhome-style apartment community in Charlotte, for $60.8 million. The…

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IMG Hosts Exclusive Investor Forum in Portland

Investors Management Group, Inc. hosted an invitation-only forum event connecting multifamily investors with tax, real estate and economic experts on Wednesday, March 7th at Bridgeport Brew Pub in Portland, Oregon. The 5:30pm panel discussed the impact of the new tax laws and rising interest rates, plus where investors could find…

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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 implications for the real estate investment industry since the law…

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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 one-, two- and three-bedroom floor plans ranging from 714 to…

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Karlin Conklin Presents at Banking Industry Forum

Wealth managers, personal trust officers and commercial banking officers were in attendance at an exclusive banking industry forum in Portland to hear the latest economic indicators, 2018 tax reform and tax benefits of real estate ownership. Karlin Conklin, IMG’s Executive VP, Private Equity was an invited guest speaker presenting information…

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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 Colorado Springs among the top 10 metros for income growth…

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