Portfolio

Canopy at Baybrook marked IMG’s 7th acquisition (1,350 units) in North Carolina and its 23rd in the Southeastern U.S. in this cycle, representing 5,378 total units. IN THE NEWS: IMG’s Canopy at Baybrook IMG Selected for Groundbreaking UNCC Educational Program Multi-Housing News: Charlotte Community Trades for $46M Charlotte Business Journal: Investment firm plans…

IMG, a private California-based real estate investment firm, has announced the acquisition of The Eclipse, a 175-unit apartment community in Duluth, Georgia (Atlanta MSA).  The Eclipse marks IMG’s 8th acquisition in Atlanta MSA in this cycle totaling over 2,300 units. Built in 1985, The Eclipse is located in Atlanta’s northeast premier…

  The Pavillions At Ballast Point is a 276-unit garden-style apartment community in South Tampa, a submarket boasting “some of the strongest demographics in the metro”CoStar, May 2018  The 19 buildings were constructed as a low density development on 21.5 acres in 1988 to preserve the mature trees throughout the…

Investors Management Group, Inc. completed its second and third acquisitions in Raleigh, North Carolina with the closing of Millbrook Apartments (117 units) and Lynn Lake Apartments (101 units) for $23M. This brings IMG’s total multifamily acquisitions in Raleigh’s North Hills neighborhood to $37.5M or 362 units in the last year….

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 on a dynamic multifamily market. Equity placed: $6M Investors: 26 1031 Exchanges: 4…

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: $159 YEAR BUILT: 1977, 1980, 1991 (multiple phases) SUBMARKET: Clackamas…

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. IMG and its investors purchased Waterleaf for $26,750,000 in Port…

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 in rents. IMG’s business plan includes a value-add component along…

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, a thriving Seattle MSA suburb as part of its Syndication…

Orion in the news: “15-story apartment building in the Stadium District is getting a multimillion-dollar makeover” Read full story 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…

Denver MSA – Top 10 U.S. CRE Market Investors Management Group, Inc. acquired Vistas at Plum Creek in March 2016, a 186-unit community located in Castle Rock, a thriving suburban community in the Denver MSA as part of its Syndication Platform. IMG, along with its ownership group, purchased Vistas at…

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 an abundance of nearby retail and entertainment venues, easy access…