I invite you to contact me as I'd be happy to assist you with this important transaction. Maintenance free ranch on 5 acres, spacious and open floor plan. Los Angeles Metropolitan Area Multifamily Investments in the Southwest Managing Director, Head of Capital Markets . All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley and Rockbridge Highlands. In addition, if you have any general questions about buying or selling real estate in Virginia, please contact me as I'm more than willing to help. He enjoys building and motivating the team while prospecting for new opportunities, managing partner, investor and lender relationships and structuring each investment. in. Our focus is acquiring properties with a value add component ranging from re-positioning to full scale re-zoning and development. For more information, you can visit Sterlings website atwww.sterling-partners.comto contact David Zeff or Caleb Augustyn. your Lea Ann is also responsible for the review of all operating and financial results for third-party managed assets. Video: 4 Reasons Your Real Estate Deal Could Fall Apart Read More. The conversion will consist of modifying the existing structure to conform to Scottsdale building codes. Jan 24, 2023, 12:15 PM. Scott came aboard AREP in March 2011 as a Managing Director and serves as AREP's General Counsel. have Wendy is responsible for all corporate level financials, treasury management, and all accounting activity for each investment. This brick home is perfect for anyone looking for a one level living. .and if all of that isn't enough, it's in Botetourt Co! in. Large living room that opens to the formal dining room. Read More Rainbow Knoll is majestically situated on a scenic knoll off Padgetts Hill Road: 6 rolling acres with extraordinary views of the Blue Ridge Mountains. It is a rare, underutilized 10-acre site next to the historic El Presidio Neighborhood District in Downtown Tucson, said David Zeff, President of Sterling Real Estate Partners. Time on realtor.com. an account? (You now enjoy full access to our site, so please feel free to The Finished basement is perfect for playroom or home. Their strategic entrepreneurial approach to the acquisition, development, and management of institutional assets. (optional). You will feel you're home the moment you walk into this house. about us. We are really excited about the business plan and location of the property. Although the Multiple Listing Service of The Roanoke Valley and Rockbridge Highlands are the source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. Minimize risk profile by offering low gross rents in the subject submarket. Ready for your personal touches. 3 bds; 1 ba; 1,628 sqft . Freshly painted, this home features 3 bedrooms and 1 bath. Email Address. Sterling Real Estate Partners is a vertically integrated real estate investment company that specializes in multifamily value-add, development, and adaptive reuse projects throughout the Southwestern United States. Managing our own assets allows Sterling to provide the highest level of service . Sterling Real Estate Partners, LLC 6209 Longdale Furnace Rd, Suite B Clifton Forge, VA 24422 . Leadership. There is a large unfinished basement, perfect for storage or perhaps a future expansion. Sterling Equities founded by Fred Wilpon and Saul Katz as a vehicle to develop and invest in real estate. theater. Sold - 1037 S Ironwood Rd, Sterling, VA - $390,000. A Family of Companies Guided by the Values of Partnership and Civic Responsibility Capture the spread between stabilized Return on Cost and Exit Cap Rates. You will feel you're home the moment you walk into this house. Great location, minutes to main street with views of downtown Waynesville. Calculated property improvements to generate high return on investment. David is responsible for all activities of the company. Pursue refinancings to return investor capital and provide long-term stabilized cash flow. 2.15 acre lot 2.15 acre lot; 99999 Greenleaf Dr, Flat Rock, NC 28731. Lawsuit by Anonymous 6f8RIS6 . Scottsdale-based investment firm, Sterling Real Estate Partners, has acquired Hotel Tucson City Center, 475 N. Granada Ave., and will flip the 278-unit hotel into a 210-unit apartment complex. Recently built, custom lake home by Babb Construction sits on over 1.5 acres. Salaries, reviews, and more - all posted by employees working at Sterling Real Estate Partners. A fully-integrated real estate operating company. She plays an integral role in the acquisition due diligence process to review and analyze property financial statements including detailed review of balance sheets and general ledgers. Open Country Kitchen & Dining Area. You will feel you're home the moment you walk into this house. STERLING PRIVATE CAPITAL (SPC) IS A PRIVATE EQUITY FIRM ACTIVELY SEEKING BOTH REAL ESTATE AND OPERATING COMPANY INVESTMENTS. Featuring real hardwood floors throughout, this cozy home also includes an updated kitchen with a gas stove and a stunning fireplace in the living room. Upon completion, the apartments will offer low gross rents with luxury interior finishes to support the high demand for quality and affordable housing in the Downtown submarket. We offer 24 hour service to you and your tenant and have an experienced staff waiting to assist you. Find Out How Much Your Home Is Worth Recently built, custom lake home by Babb Construction sits on over 1.5 acres. If you own real estate or are looking for someone to manage your investment, we would like the opportunity to serve you. Sterling Real Estate Partners is a real estate investment company focused on value-add and value creation multi-family investments. SPD is currently involved in approximately $24 billion (hard cost) worth . All data is obtained from various sources and may not have been verified by broker or The Roanoke Valley or Rockbridge Highlands MLS. 2.15 acre lot; 99999 Greenleaf Dr, Flat Rock, NC 28731. . meeting Strong relationships and reputation for integrity, reliability, creative problem-solving and performing under limited time constraints, which help generate attractive and often proprietary. This is how we protect you from any possible market correction. The home sits in a quiet neighborhood yet only 10 minutes from the Westlake area w/shopping and restaurants. Dreaming of homesteading? Fantastic brick ranch ready for its new owners! Completely renovated, 4 bedrooms, 3 full baths, home office, open concept, custom kitchen cabinets and a HUGE 11' island, granite with chiseled edge finish, amazing master with custom closet organizer system and gorgeous ensuite bathroom, a second living room on the lower level with a wet bar, screened in porch, deck that spans the entire length of the house and leads to a rock firepit area and a 1 acre flat corner yard!! We invite you to browse all local home listings, either Homes Under $100K or Homes $100K and Up.. Neither the Firm or any listing/selling broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. Delight in a chefs kitchen complete with hickory cabinets. Approach. View details, map and photos of this single family property with 3 bedrooms and 2 total baths. Get the latest business insights from Dun & Bradstreet. Our mission is to create communities that residents are proud to call home while generating strong returns for investors. Sterling plans to begin development of the new apartments in summer of 2022 with completion estimated for the first quarter of 2023. Spectacular views and breathtaking peaceful sunrise moments await. Window Valances in entry bedroom do not convey. Forgot This farmette is equipped for your 4-legged friends with its 2-stall horse barn, fenced paddock, workshop, kennel, storage building, & more! She frequently consults with other local real estate investors on construction, zoning and complex re-developments.She often thinks like her male counterparts in order to succeed in a predominantly male industry.Team members, say, Rachel has innovative imagination whos unafraid to think outside the box. BETTER THAN NEW! However, the true highlight of this home is the backyard - the fenced-in yard provides ample privacy, while the well-maintained yard and covered porch offer the perfect outdoor oasis. While an extended deck with steps to grade offers more entertaining space. $1,599,000 . Originally built in the 1960's, the 278-unit Downtown hotel will be transformed into a modern, 210-unit apartment complex with approvals to . Email Address. Originally built in 1996, the 114-room extended stay hotel will be transformed into a luxury, 85-unit apartment community. Download our brochure to read a full summary. Opportunities to add value at the asset level through revenue enhancement initiatives, improvements to operating efficiency and the implementation of capital expenditure programs to upgrade or reposition under-utilized assets including: Primary focus on high growth, rent-to-own imbalance, and supply-constrained markets in western and southwestern United States. Overview. The gate has been broken, and standing wide open, for four months now. Sterlings success is a direct result of implementing difficult repositioning strategies and maximizing financing structures to create value for our partners. Currently working as President at Sterling Real Estate Partners in Arizona, United States. 2017. | Sterling Real Estate Partners is a vertically integrated real estate investment company that specializes in multifamily value-add, development, and adaptive reuse projects throughout the Southwestern United States. Rachel Herzog. Completely renovated, 4 bedrooms, 3 full baths, home office, open concept, custom kitchen cabinets and a HUGE 11' island, granite with chiseled edge finish, amazing master with custom closet organizer system and gorgeous ensuite bathroom, a second living room on the lower level with a wet bar, screened in porch, deck that spans the entire length of the house and leads to a rock firepit area and a 1 acre flat corner yard!! For example, during the Great Recession, Freddie Mac single family loan delinquencies peaked at 4% while delinquency for multifamily loans hovered around 0.4%. Show and sell. Sterling IL Real Estate & Homes For Sale. Streamlined decision making and clear communication allow for timely execution of the business plan and other management services that directly impact the investment. Sterling capitalizes on repositioning opportunities and strategic capital structures to maximize value for its partners. There's even a storage shed for additional storage and a fantastic barbecue area. Offering 4bd/3.5 bath, over 3600 sq feet, and exterior walls built with 2x6 construction, the property is built to last! Sterling Real Estate Partners 2021 | Website by, Sterling Real Estate Partners Starts Construction on Tucson Apartment Conversion, Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion, Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments. Find Sterling, VA homes for sale, real estate, apartments, condos & townhomes with Coldwell Banker Realty. Rod has personally owned and managed over 2,000 properties. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion February 4, 2022. account. Lea Ann is directly responsible for all operational activities and performance of the portfolio. For more information, you can visit Sterlings website atwww.sterling-partners.com to contact David Zeff or Caleb Augustyn. By. Your This is Sterlings fifth acquisition in the last 6 months, totaling more than $60 million. Were an open book to answer any questions or concerns you have about an investment. Phoenix, Arizona Area . 8 . Shearman & Sterling has over 850 lawyers around the world speaking more than 60 languages and practicing U.S., English, French, German, Italian, Hong Kong, OHADA and Saudi law. Real estate offers tax advantages over nearly every other investment including stocks, bonds, businesses, precious metals, and even oil. Located on a cul de sac with the convenience of being close to all amenities. This beautiful 4-square, 2-story home boasts numerous homeowner updates and is ideally located in the heart of Grandin. 540-329-3010. Sterling STER a leading provider of background and identity services offers background and identity verification to help over 50,000 clients create people-first cultures built on a . Sterling PA Real Estate & Homes For Sale. About Us . What a blessing it is~ Make this your new Smith Mountain Lake Home! 2 reviews of Pennytree Apartments - Sterling Real Estate Partners "I used to enjoy living here. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. Sterling Real Estate Partners 2021 | Website by, Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments, Sterling Real Estate Partners Starts Construction on Tucson Apartment Conversion, Sterling Real Estate Partners Acquires Mark at 87 Apartments, Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion. Since its formation in 2013, SPC has committed itself to building long-term relationships with operators, sponsors, and investors who share our same values and investment philosophy. The average stock market return over the last 15 years was just over 7%. Delight in a chefs kitchen complete with hickory cabinets. Recently built, custom lake home by Babb Construction sits on over 1.5 acres. Residences will consist of luxury one-, two-, and three-bedroom units ranging from 450 to 1350 square feet. Find 2021 listings related to Sterling Real Estate Partners Ii in Watsonville on YP.com. Its ownership group is also a part owner of the New York Mets Baseball Team as well as SportsNet New York, a regional sports network also based in New York. All information is deemed reliable but not guaranteed, and should be independently verified. Find Out How Much Your Home Is Worth Please let us know if you have any questions about the area, or there is anything our team of Realtors can do for you! Are you new to the area? Multifamily delinquency rateat its peakwas 90% lower than the residential rate in the Great Recession. Scottsdale-based investment firm, Sterling Real Estate Partners, recently acquired Hotel Tucson City Center in an off-market transaction with plans to convert the hotel into market rate apartments. Sterling Real Estate Partners Acquires Mark at 87 Apartments December 14, 2021. Pristine Lexington residence privately situated on its elegantly landscaped grounds enjoys easy walkability to downtown historic Lexington, Washington and Lee University, and the Virginia Military Institute. The data relating to real estate on this Web site derived in part from the Carolina Multiple Listing Services, Inc. IDX program. $649,000 . New Construction recently closed by Jeff Jelinek! CONTACT US. Agent listings. Featuring real hardwood floors throughout, this cozy home also includes an updated kitchen with a gas stove and a stunning fireplace in the living room. Current Kitchen stove is gas, but Buyer can switch to electric at their expense as home is set up for either type. Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments January 3, 2022. Please enter the email address for your account. Scottsdale-based Sterling Real Estate Partners recently acquired 9.6 acres of land with plans to develop a 238-unit, Class A apartment complex in the heart of Avondale's rapidly expanding . Once you have received the There is a rocking chair front porch and rear deck, 2 storage sheds, nice privacy w/ wooded lot. Forgot The principals and employees invest at least 10% of equity in each investment and broadly share the promoted interest among the professional staff. Enjoy Main Level Living in this 4Bed/2Bath Brick Ranch in Town, Convenient to All Amenities! All listing data is refreshed regularly, but its accuracy is subject to market changes. Originally built in 1996, the 114-room extended stay hotel will be transformed into a luxury, 85-unit apartment community. $29,990. Experts Weigh In on Post-COVID Housing Market. 1 . 1 / 17. Reach Bridgewater area in less than 10 minutes by boat. Houses for sale are listed under the FEATURED LISTINGS tab. 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