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Dynasty Financial reports it will continue to maintain a presence in New York at its current Midtown office as well as at their client service locations in Chicago and San Francisco.
The property is in a densely developed area on the employment-rich north side of Indianapolis, a demographic that presents strong opportunities for Emma Capital, says the firm's asset manager, Brian Rakowski.
Spencer Levy, chairman, America's research at CBRE, predicts 2019 will be similar to 2018, although some news sources have voiced stronger economic concerns.
The PGA has outgrown its existing footprint in Palm Beach Gardens but needs to remain in a golf-centric location so it recently finalized an agreement that will move its headquarters to Frisco in mid-2022.
"Most of the value-add product still has a demonstrable gap to the newer product, allowing for these opportunities to invest in improvements,” says CBRE's Ted Abramson.
The acquisition includes three multifamily properties in the Houston metro area totaling 1,392 units; two properties in Tampa, FL totaling 1,231 units and a 253-unit property in Salt Lake City, UT.