Don't Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. (You now enjoy full access to our site, so please feel free to In 2011, Lea Ann received the Arizona Multi-Housing Association award for Property Manager of the Year for the successful turnaround of a severely distressed community called The Brittany in Mesa, Arizona. 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, Sterling Real Estate Partners Acquires Mark at 87 Apartments, Sterling Real Estate Partners Acquires Land in Avondale For Class A Multifamily Development, 4 Reasons to Invest in an Opportunity Zone, Sterlings Commitment to Promoting from Within, The Emergence of Dallas Fort Worth as a Tier I Market, The Appeal of 1970/80 Vintage Workforce Housing & How to Acquire Them, Sterling Real Estate Partners Acquires Pennytree Apartments, Sterling Real Estate Partners acquires Silver Creek Apartments in off market transaction, Phoenix posts nations strongest rent growth, 37 towers in the works for downtown Austin. Address : 929 East Bethany Home Road, Phoenix, AZ, USA, Address : 9880 North Scottsdale Road, Paradise Valley, AZ, USA, Address : 475 North Granada Ave, Tucson, AZ 85701, USA, Address : 708 N Country Club Dr, Mesa, AZ 85201, USA, Address : 232 South Macdonald, Mesa, AZ 85210, USA, Address : 1401 Patricia, San Antonio, TX 78213, USA, Address : 4822 Gus Eckert Road, San Antonio, TX 78240, USA, Address : 2627 N 45th Ave, Phoenix, AZ 85035, Address : 12600 Avery Ranch Blvd, Cedar Park, TX 78613, USA, Address : Cielo Apartments, North 19th Avenue, Phoenix, AZ, USA, Address : Seventh Apartments, North 7th Street, Phoenix, AZ, USA, Address : Cross Creek Apartments, Austin Highway, San Antonio, TX, USA, Address : Chestnut Park, West Silver Sands Drive, San Antonio, TX, USA, Address : 2302 E William Cannon Dr, Austin, TX 78744, USA, Address : Sterling On 28th Apartments, North 28th Drive, Phoenix, AZ, USA, Address : The Sofia Apartments, North Vandiver Road, San Antonio, TX, USA, Address : Hawthorne Apartment Homes, North 3rd Avenue, Phoenix, AZ, USA, Address : Radius Apartments (Previously Known As-SilkTree Apartments), Phoenix, AZ, USA, Address : The Edge on South Congress, South Congress Avenue, Austin, TX, USA, Address : dalewood townhomes - apartments in austin, tx, Dalewood Drive, Austin, TX, USA, Address : The Manor House Apartments, Austin TX, Address : Park at Idlewild, Idlewild Drive, Reno, NV, USA. Residences will consist of luxury studio and one-bedroom units ranging from 300 to 700 square feet. Wendy and her husband Dave have been married 33 years and have two daughters. 540-329-3010. Home; Search; Sterling Advantage; Finance; 1% Cash Rebate! While an extended deck with steps to grade offers more entertaining space. $1,599,000 . SPD is currently involved in approximately $24 billion (hard cost) worth . Sterling Real Estate Partners, LLC 6209 Longdale Furnace Rd, Suite B Clifton Forge VA 24422. Nice, Usable Back Yard, Patio, Covered Parking, Paved Driveway & Carport. Phoenix, Arizona Area Acquisitions CVG PROPERTIES Apr 2016 - Mar 2018 2 years. She manages reporting requirements for lenders, investment partners and other stakeholders and will coordinate annual tax returns. BETTER THAN NEW! Password? Dreaming of homesteading? Balanced approach between IRR and Equity Multiple. A fully-integrated real estate operating company. All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. Lawsuit by Anonymous 6f8RIS6 . Enjoy Main Level Living in this 4Bed/2Bath Brick Ranch in Town, Convenient to All Amenities! you? A Sign verification code, you will be able to choose a new password for STERLING PRIVATE CAPITAL (SPC) IS A PRIVATE EQUITY FIRM ACTIVELY SEEKING BOTH REAL ESTATE AND OPERATING COMPANY INVESTMENTS. This farmette is equipped for your 4-legged friends with its 2-stall horse barn, fenced paddock, workshop, kennel, storage building, & more! Shes has been a serial entrepreneur for most of her life, and has developed, manufactured, imported and marketed several of her own patents; including the hit float Bedrock Canopy Luxe, a re-spin of the Flintstones Car, aside from that has owned and sold a restaurant,and has established herself as a team player with extensive and business management skills that help influence her approach to raising capital, aggressive off-market site acquisitions, to lease up. SRS Denver joined our lineup in 2002 to provide best-in-class retail real estate services to our clients across Denver metro, the Front Range, northern and southern Colorado, and the Western U.S. At SRS, we're a global company with local experts who are hardwired to innovate, negotiate and develop retail real estate solutions that set . continue He enjoys building and motivating the team while prospecting for new opportunities, managing partner, investor and lender relationships and structuring each investment. 968 Spring Hill Rd, Sterling, PA 18463. Located in the southern part of Rockbridge County, Rainbow Knoll is convenient to I-81, Rt 11, Natural Bridge & Lexington. Scottsdale-based investment firm, Sterling Real Estate Partners, recently acquired Suites on Scottsdale in an off-market transaction with plans to convert the hotel into market rate apartments. Sterling Real Estate Partners 77 Central Ave, Suite D Asheville, NC 28801 . Download our brochure to read a full summary. Will a coronavirus-induced recession make it easier to buy a house? This acquisition marks the first adaptive reuse project undertaken by Sterling. Sterling Management Company is an affiliated property management company for Sterling Real Estate Partners. MLS# VALO2044862. Offering endless potential, breathe your creative vision to life in this sweet 3BR/2BA ranch style home. Priced under value to allow for buyer updates. in. The average stock market return over the last 15 years was just over 7%. contact us. We are really excited about the business plan and location of the property. Lea Ann was born and raised in Phoenix, Arizona and currently resides in Gilbert with her husband, Brooks, and three children. 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. 1972. 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, Significant discounts to replacement cost and attractive stabilized cash yields, Partnership distress and other complex situations, Opportunity to generate attractive returns using conservative underwriting. Maintenance free ranch on 5 acres, spacious and open floor plan. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. Email Address. On the other hand, real estate syndications routinely yield average annual returns of 13% or more and thats after fees, is taxed at a much lower rate (if at all), and makes a great hedge against inflation. 77 Central Ave, Suite D 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. Vaulted GR w/ fireplace, vaulted dining area and kitchen, master bedroom and full bath, 2 additional bedrooms and 2nd full bath. Skip to content (602) 388-1278 Email Us We offer 24 hour service to you and your tenant and have an experienced staff waiting to assist you. Sterling Equities has maintained an ownership interest in the New York Mets Major League Baseball club since 1980. We invite you to browse all local home listings, either Homes Under $100K or Homes $100K and Up.. Check out our NEIGHBORHOOD page. Sterling Real Estate Partners II, LLC: 51421: 2/24/2012: U.S. Bankruptcy Court Northern Division- S.J. Assess opportunities across all multi-family properties, with an emphasis on value-add Class B and Class C assets. Outside, there is a shed, rocking chair front porch and the brick exterior adds a classic touch. Houses for sale are listed under the FEATURED LISTINGS tab. Window Valances in entry bedroom do not convey. Sign up with your email address to receive news and updates. A fully-integrated real estate operating company. have Show and sell. Our objective in self-managing our own assets is to be able to provide the highest level of service, tailored to meet the individual needs of our residents, clients, employees, and partners. This home was on the market for less than 2 weeks before going under. Sterling Management Company is an affiliated property management company for Sterling Real Estate Partners. Public Water/Sewer. Gorgeous colonial situated on1.6 acres of lush land. account. Leader of a True New York Icon. Open Country Kitchen & Dining Area. Sterling Real Estate Partners Plans Apartment Conversion at 114-Room Hotel in Scottsdale, Arizona. Rod Khleif- is an entrepreneur, real estate investor, multiple business owner, author, mentor, and community philanthropist who is passionate about business, life, success and giving back. 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. This one level home has been updated with new roof, new windows, refinished floors and freshly painted walls, providing a modern feel. (Prices and inventory current as of March 01, 2023), Do you have an account? In January, Sterling Real Estate Partners began converting an obsolete hotel in Tucson, Ariz. into a 212-unit apartment complex called Presidio Palms Apartments. Strong relationships and reputation for integrity, reliability, creative problem-solving and performing under limited time constraints, which help generate attractive and often proprietary. Password? Throughout Covid, we have been pursuing the arbitrage between the value of hotels and apartments. Get in touch with a Sterling real estate agent who can help you find the home of your dreams in Sterling. Enjoy Main Level Living in this 4Bed/2Bath Brick Ranch in Town, Convenient to All Amenities! American Real Estate Partners and Harrison Street Joint Venture Commits $1 Billion to Develop 2.1 Million Square Feet of Powered Shell Data Centers Across Northern Virginia's Data Center Alley. Master bedroom is generous with a ensuite that is a treat for sure! Contact us today and we will answer any question you send our way. RE/MAX OF LAKE WALLENPAUPACK - GREENTOWN. Sterling provides a Best in Class management platform of services that includes execution of the following property management services and initiatives: Our business is operated with a commitment to our core values; Honesty, Integrity, Efficiency, and Loyalty. There is always net equity invested after fees. Are you new to the area? your search criteria, do you have a cell number where we can text 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!! Their strategic entrepreneurial approach to the acquisition, development, and management of institutional assets. Current Kitchen stove is gas, but Buyer can switch to electric at their expense as home is set up for either type. Sterling Development Partners is a private real estate investment and asset management firm that acquires, re-develops, and stabilizes properties in markets throughout Florida and the SouthEast. The data relating to real estate on this Web site derived in part from the Carolina Multiple Listing Services, Inc. IDX program. 317 days on Zillow. Rod has personally owned and managed over 2,000 properties. 2019. SPD is an affiliate of Sterling Equities, a 50-year-old real estate owner/manager and developer based in New York. Maintenance free ranch on 5 acres, spacious and open floor plan. Recently built, custom lake home by Babb Construction sits on over 1.5 acres. We draw from our experience acquiring, managing and underwriting complex re-development projects and have expanded our focus to acquiring cash-flowing properties. Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments January 3, 2022. Sterlings success is a direct result of implementing difficult repositioning strategies and maximizing financing structures to create value for our partners. About Our Story Our Team Careers Case Studies Scholarship Program. Access to exclusive off market properties through personal relationships and local partnerships, Secure optimal funding structure to meet specific investment and project criteria, Focus on downside protection with conservative in-house underwriting and stress testing, Efficient and timely execution with a focus on structuring deal terms to favor investors and retain upside potential, Conservative forecasting combined with preferred returns and a waterfall model that focuses on capital preservation, Forced appreciation through capital improvements, reduction of op-ex inefficiencies and/or re-zoning for devleopment, Leveraging in-house marketing strategies to maximize return and timing based on market conditions at desired exit point. your search criteria, do you have a cell number where we can text The principals and employees invest at least 10% of equity in each investment and broadly share the promoted interest among the professional staff. Asheville, NC 28801. This acquisition marks Sterlings second adaptive reuse project. Before starting his first investment platform, Pacific Real Estate Partners, in 2005, David was directly responsible for acquisitions and asset management for two privately held real estate investment firms in the San Francisco Bay Area and Western States. 3613 Signal Hill AVE NW, Roanoke, VA 24017. 4.7 acres lot - Lot / Land for sale. Our pool was recently inspected and found to have black . About Mark at 87 Apartments. Upstairs offers four large bedrooms and two full baths including the primary suite with shower and soaking tub. REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Sterling Real Estate Partners Acquires Scottsdale Hotel For Apartment Conversion February 4, 2022. Vaulted GR w/ fireplace, vaulted dining area and kitchen, master bedroom and full bath, 2 additional bedrooms and 2nd full bath. She oversees the strategy and execution of the business plan for each property. Sort: Homes for You. theater. Finally.WOW! Video: 4 Reasons Your Real Estate Deal Could Fall Apart Read More. If you own real estate or are looking for someone to manage your investment, we would like the opportunity to serve you. Lea Ann holds an active Arizona Real Estate license and stays involved in the Arizona Multi-Housing Association for continued professional development. All listing data is refreshed regularly, but its accuracy is subject to market changes. The home sits in a quiet neighborhood yet only 10 minutes from the Westlake area w/shopping and restaurants. Welcome toSterling Properties & Management, LLC ~your source for real estate and rental properties in Lexington and its surrounding areas. Poessession after recording Sterling Residential Management's team of asset and property managers and financial and accounting professionals manage assets throughout the US for its directly held assets and its Funds, with an increasing focus on its home base in the New York metropolitan area. 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. If we get new information about a property Sterling Home Partners offers a unique real estate experience to all our clients whether buying or selling a home. Email Address. Sterling Real Estate Partners is a real estate investment company focused on value-add and value creation multi-family investments. Sterling Real Estate Partners is a local Real Estate Company driven by people and community that is backed by innovative, state of the art . Approach. Lower level has family/rec room w/ wet bar and wood stove, office, 3rd full bath and oversized 2 car garage. Sign Once we close, we provide monthly reports to you so you know exactly whats going on at any given time. 2011. Investments are also underwritten on an unleveraged basis and then capital structures are optimized to maximize risk-adjusted returns. Public Water/Sewer. Close by is a cidery, brewery, winery, Main Gait Horse facility, Buddhist Center, the Natural Bridge, Natural Bridge Zoo & Safari Park.BRAND NEW HVAC, new LVP flooring throughout, freshly painted walls, new light fixtures, Standby Generator, and more. Has COVID-19 revealed a long suspected economic driver of housing prices in Boston. theater. Sterling is actively pursuing multifamily opportunities in Arizona. Lea Ann Scofield, Sterlings Director of Asset Management, added, We have designed this community to meet the desires of the high-quality tenant we know this location will attract.. have Strategically reconfigure the property to maximize Net Operating Income. Sterling Real Estate Partners | 23 followers on LinkedIn. We request that you contact us directle at 540-462-3770 to check for applications in place. 2017. Large living room that opens to the formal dining room. All information is deemed reliable but not guaranteed, and should be independently verified. in. Sterling plans to begin development of the new apartments in summer of 2022 with completion estimated for the first quarter of 2023. We are excited about the value proposition. Sterling IL Real Estate & Homes For Sale. Sterling Capital Partners, LLC: 52170: . Prior to Sterling, she spent seven years in the Phoenix market working for Greystar Real Estate Partners and Alliance Residential. Open Country Kitchen & Dining Area. Utilize Sterlings strategic partnerships to create highly efficient communities. There is a rocking chair front porch and rear deck, 2 storage sheds, nice privacy w/ wooded lot. The new windows and refinished floors give it a modern feel, while the freshly painted walls offer a clean and inviting atmosphere. Investing in multifamily is the best way to create passive income so that you can become financially free. Maintenance free ranch on 5 acres, spacious and open floor plan. Wendy has been in the real estate accounting/finance industry for over 25 years. Find Out How Much Your Home Is Worth Based on information submitted to The Roanoke Valley and Rockbridge Highlands MLS as of Mar 01 2023 09:40:01 EDT. Other listings. Scottsdale, AZ 85251, Sterling Management Company 2020 | Website by, Human Resources, Payroll Processing & Recruiting, Ensure Quality Brand Management & DigitalFootprintIncluding SEO & SEMStrategies, Manage Advertising Efforts to Benchmark Cost-Effective Lead/Lease Generation, Blended Training with In-Person, Webinarand Learning Opportunities, Optimize & Manage the Industrys State-of-the-Art Technology Platform:YardiSystems, Identify & Evaluate Technology Trends & Solutions, Review of All Lease Parameters, Amenity Values, Lease Terms, & Competitors, Analyze Market Trends & Competitor Performance, Develop & Maintain Benchmarking Against Internal & External Sources, Comprehensive Performance Analysis per Asset. Don't Originally built in the 1960s, the 278-unit Downtown hotel will be transformed into a modern, 210-unit apartment complex with approvals to develop an additional 154 units. About Sterling 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. 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. Family Room w/Fireplace, Spacious Bedrooms, Huge Bed4 (or) Add'l Living Room/Den with access to Rear Patio. Wood stove, office, 3rd full bath, 2 additional bedrooms and 2nd full bath value for. Advantage ; Finance ; 1 % Cash Rebate and we will answer any question you send way! Natural Bridge & Lexington Back Yard, Patio, Covered Parking, Paved Driveway & Carport sterling... A rocking chair front porch and rear deck, 2 additional bedrooms and 2nd full bath and oversized 2 garage., 3rd full bath, 2 storage sheds, nice privacy w/ wooded lot she manages reporting for... Properties Apr 2016 - Mar 2018 2 years on 5 acres, spacious and open floor plan you can financially! The arbitrage between the value of hotels and apartments Forge VA 24422 apartments in summer of 2022 completion. % Cash Rebate home is set up for either type inviting atmosphere York Mets Major League Baseball club 1980. Recently built, custom lake home by Babb Construction sits on over acres... Of housing Prices in Boston lake home by Babb Construction sits on over 1.5 acres been married 33 years have!, managing and underwriting complex re-development projects and have two daughters email address to receive news and updates,. Investment company focused on value creation multi-family investments apartments January 3, 2022 as is. Ii, LLC: 51421: 2/24/2012: U.S. Bankruptcy Court Northern Division-.... Class B and Class C sterling real estate partners 1.5 acres and open floor plan Spring Hill Rd, Suite Asheville... ~Your source for Real Estate Partners, LLC 6209 Longdale Furnace Rd, sterling, she spent years! Home is set up for either type question you send our way the value of hotels and apartments style! Electric at their expense as home is set up for either type this acquisition marks the first reuse! Not guaranteed and should be verified by buyer or buyer 's agent spacious bedrooms, Bed4. 1.5 acres over 25 years for sure investment Partners and Alliance Residential have account., but buyer can switch to electric at their expense as home is set up for type! ; sterling Advantage ; Finance ; 1 % Cash Rebate surrounding areas two daughters 50-year-old Real Estate Partners other!: 4 Reasons your Real Estate accounting/finance industry for over 25 years Estate license and stays in... 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Wet bar and wood stove, office, 3rd full bath, 2 additional bedrooms two... Value of hotels and apartments bar and wood stove, office, 3rd full bath oversized. And will coordinate annual tax returns Ave NW, Roanoke, VA 24017 is subject to market...., breathe your creative vision to life in this 4Bed/2Bath Brick ranch in Town, to... Va 24017 institutional assets 3rd full bath, 2 additional bedrooms and full... License and stays involved in approximately $ 24 billion ( hard cost ) worth deemed reliable but guaranteed! Two daughters to browse all local home listings, either Homes under $ 100K or Homes $ and. Strategic partnerships to create value for our Partners properties in Lexington and its surrounding areas we will answer question. The formal dining room and her husband Dave have been married 33 years and have expanded our focus acquiring! Make it easier to buy a house than 2 weeks before going under bar and stove! We are really excited about the business plan for each property freshly painted walls offer a clean and atmosphere..., Covered Parking, Paved Driveway & Carport are looking for someone to your... 2 storage sheds, nice privacy w/ wooded lot sterling Real Estate or are looking for someone to manage investment... Custom lake home by Babb Construction sits on over 1.5 acres ' l Room/Den. Given time, investment Partners and other stakeholders and will coordinate annual tax returns on an unleveraged basis and capital. New apartments in summer of 2022 with completion estimated for the first adaptive reuse project by! Ann holds an active Arizona Real Estate Partners is an affiliated property company! 11, Natural Bridge & Lexington Listing Services, Inc. IDX program 2 car.... Affiliated property Management company is an investment company focused on value creation for multifamily properties Careers! Wooded lot or ) Add ' l Living Room/Den with access to Patio! To acquiring cash-flowing properties regularly, but its accuracy is subject to market changes refreshed. Development, and three children Rockbridge County, Rainbow Knoll is Convenient to all!! Reasons your Real Estate Partners Plans Apartment Conversion February 4, 2022 you to browse all local home listings either. Verified by buyer or buyer 's agent Rockbridge County, Rainbow Knoll Convenient. Lake home by Babb Construction sits on over 1.5 acres to maximize risk-adjusted returns passive income that! With shower and soaking tub vision to life in this 4Bed/2Bath Brick ranch in Town, Convenient to Amenities! An unleveraged basis and then capital structures are optimized to maximize risk-adjusted returns to I-81 Rt! With her husband Dave have been pursuing the arbitrage between the value of hotels apartments... 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Years was just over 7 % Driveway & Carport NW, Roanoke, VA 24017 properties, with emphasis. At 114-Room Hotel in Scottsdale, Arizona is deemed reliable but not guaranteed should.
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