Conserve Holdings

BISWIRE: Conserve Holdings Expands Virginia Portfolio with Strategic Acquisition of The Spectrum Apartments in Richmond https://trib.al/yQy7Pt3

SALE Learn More: https://lnkd.in/gS9Tjt-J IMAGE: Jonathan Brody, Michael Schattner & Ari Sokol DATE: 11/14/2024 ADDRESS: 2017 Brook Road MARKET: Richmond, VA ASSET TYPE: Multifamily BUYER: Conserve Holdings SELLER: Mercer Street BROKERS: Jonathan Brody, Ari Sokol & Michael Schattner - BASE Realty Group SALE PRICE: $19,500,000 UNITS: 103 ~ PPU: $189,320 SF: 92,244 ~ PPSF: $211 #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #Richmond #Virginia #Multifamily #JonathanBrody #AriSokol #MichaelSchattner #BaseRealtyGroup #MercerStreet #ConserveHoldings

Conserve Holdings Expands in #Virginia with The Spectrum Acquisition in #Richmond! We’re excited to announce the acquisition of The Spectrum Apartments, a Class A, 103-unit community in #Richmond. This marks Conserve Holdings' first entry into #Richmond and our sixth investment in #Virginia, furthering our commitment to strategic growth. Big shoutout to Jared Badillo, our Director of Acquisitions, for driving this effort, along with Jonathan Brody, Michael Schattner, and Ari Sokol at BASE Realty Group for the opportunity, and Pranav Sarda at KeyBank for their financing. Looking forward to bringing long-term value to residents and investors through our value-add plans! David Walkin Steve Fuchs Annie Cobb April McAlexander

We are excited to announce the successful closing of our Spartanburg portfolio! Conserve Holdings originally acquired these assets in early 2021 and completed a successful value-add renovation, delivering an impressive 21% IRR to our investors. We extend our heartfelt gratitude to Greg Litvak of Highlands Vista Group for expertly executing the acquisition and wish him continued success. Our thanks also go to Richard Gore, III, Hannah Duley, and John Phoenix of Cushman & Wakefield for their outstanding work in brokering the sale. Lastly, we would like to express our appreciation to Tracy Doster, CAM for her incredible contributions over the past few years and wish her all the best in her new role with HVG. Steve FuchsJared BadilloAnnie CobbApril McAlexander #RealEstate #InvestmentSuccess #ValueAdd #ConserveHoldings #SpartanburgPortfolio #IRR #HighlandVistaGroup #CushmanAndWakefield

This year, we’ve offered on approximately 125 deals. The road has been challenging, and our pipeline has experienced some frustrations. We want to extend a heartfelt THANK YOU to all the BROKERS for their hard work and dedication in working with us through these opportunities. Your efforts are greatly appreciated, and we value your partnership! Here's a snapshot of where things stand: John PhoenixRichard Gore, IIIPaul MarleyRhodes MarleyAndrew BrownBlake CoffeyMatt White Anthony RotundaChristopher SchultzConor StricklandTai CohenMichael DeatonNelson AbelsTrey SnellingsZac WracherBrooks ColquittJames WilberGeorge SkaffJulie MickleyGarrison GoreVictoria PickettCharles WentworthCarter WoodDrew WhiteTJ LibertoJorge RosaCalvin GriffithBrian CrivellaRobert YatesDr. Thomas LindemannSam BeerMichael SchattnerHarrison CheeleyAustin Jackson Conserve Holdings Jared Badillo Steve Fuchs #RealEstate #Investment #MarketAnalysis #ConserveHoldings #Persistence #ThankYou

Happy Sunday! I will be in Atlanta this week for the Information Management Network (IMN) Southeast Middle-Market Multifamily Forum. About Us: Conserve Holdings is a vertically integrated firm focused on acquiring multifamily properties in the Southeast and Mid-Atlantic regions. Our Value: We offer the ability to act swiftly, provide great terms, and close all-cash transactions. Who We're Looking to Meet: Brokers, lenders, and investors. Feel free to reach out: [email protected] Steve Fuchs Jared Badillo Annie Cobb #conserveholdings #multifamily #networking #IMN #atlanta

Northcliffe Forest Apartments! Happy to offer these new amenities to our residence!

We're thrilled about this and excited to welcome residents and prospects to our new space! #conserveholdings

Discover your ideal home at Cottage Trails in Culpepper Landing, in Chesapeake, VA! We are excited to be assigned management and add this property to our portfolio! The 1-, 2- and 3-bedroom options are spacious and include modern kitchen appliances, walk-in closets and more. Community amenities include a resort-style pool, fitness center, resident clubhouse, pet park, and more. Thank you to Conserve Holdings for your valued partnership in making this venture possible. We look forward to our new team members contributing to an exceptional living experience for our new residents. #CottageTrails #CulpepperLanding #Chesapeake #Virginia #VA #MultiFamily #CommunitySpotlight #ApartmentsForRent #LoveWhereYouLive #HGFamily #HGLiving

Happy Sunday, LinkedIn! I'm looking for a referral for a licensed contractor who services Hilton Head Island, South Carolina for a multifamily construction project. If you have any recommendations or connections, I would greatly appreciate your help. Thank you in advance for your assistance! #multifamily #construction #southcarolina