We are happy to help you in any way we can. For most investments, you dont need to be an accredited investor (but you do need to join), and the minimum investment is typically $75,000. Upon acquisition, Sterling will become a Choice Hotel franchisee and has engaged Ledgestone Hospitality to operate the four-story building as a hotel while the adjacent buildings are converted to apartments. your search criteria, do you have a cell number where we can text 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. Prior to joining Sterling Equities in 2005, Mr. Browne was the Owner and President of Construction Solutions, where he was involved in the coordination and supervision of over $1 billion worth of projects. All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. Sterling Real Estate Partners Acquires Mark at 87 Apartments December 14, 2021. Gentle walk to the fabulous deep water dock complete with a large boathouse. What a blessing it is~ Make this your new Smith Mountain Lake Home! We pursue investments at discounted values relative to stabilized cash flows, market comparables and replacement cost. 1972. She has also been a co-owner of a property management company where she was responsible for all aspects of starting up the operations, IT and accounting for the company as well as managing all operations. While the price for existing apartments continues to exceed replacement costs, this is another opportunity for Sterling to find and create value in this market, added Zeff. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. For Sale. Sterling is family-owned and vertically integrated. 2019. 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. Davids experience includes the acquisition and asset management of approximately $400 million of commercial real estate including office, industrial, retail and single and multi-family properties. You will feel you're home the moment you walk into this house. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. This brick home is perfect for anyone looking for a one level living. Get in touch with a Sterling real estate agent who can help you find the home of your dreams in Sterling. Skip to content (602) 388-1278 Email Us Other listing. There's even a storage shed for additional storage and a fantastic barbecue area. Brokered by Sterling Real Estate Partners. Sterling Real Estate Partners | 23 followers on LinkedIn. 2010. Currently working as President at Sterling Real Estate Partners in Arizona, United States. Welcome toSterling Properties & Management, LLC ~your source for real estate and rental properties in Lexington and its surrounding areas. Open Country Kitchen & Dining Area. Are you new to the area? He enjoys building and motivating the team while prospecting for new opportunities, managing partner, investor and lender relationships and structuring each investment. Los Angeles Metropolitan Area Multifamily Investments in the Southwest Managing Director, Head of Capital Markets . This requires oversight of the property management teams, as well as, hiring and training the staff. Dinesh Rama of NewGen Advisory brokered the transaction for the 114-room hotel. 77 Central Ave, Suite D If we get new information about a property Posted on February 4, 2022 by Amy Works in Arizona, Development, Hospitality, Multifamily, Western. Sterling Real Estate Partners II, LLC: 56169: 8/20/2012: U.S. Bankruptcy Court Northern Division- S.J. Public Water/Sewer. Originally built in the 1960's, the 278-unit Downtown hotel will be transformed into a modern, 210-unit apartment complex with approvals to . 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. Poessession after recording Agent listings. I invite you to contact me as I'd be happy to assist you with this important transaction. This will include new balconies for every unit, enhanced curb appeal, and select rooms combined to improve the unit mix. This is the perfect opportunity to own your own piece of colonial paradise. Sterling Capital is a premier real estate investment company diversified in various real estate holdings. Delight in a chefs kitchen complete with hickory cabinets. in. $649,000 . $1,599,000 . Ready for your personal touches. In January, Sterling Real Estate Partners began converting an obsolete hotel in Tucson, Ariz. into a 212-unit apartment complex called Presidio Palms Apartments. Check out the current available rentals under the FOR RENT tab above. theater. Wendy is responsible for all corporate level financials, treasury management, and all accounting activity for each investment. We are Sterling Bay. Leadership. Sold - 1037 S Ironwood Rd, Sterling, VA - $390,000. So start small and grow with us over time. Nice, Usable Back Yard, Patio, Covered Parking, Paved Driveway & Carport. Please contact our office if you have any questions in reference to rental property. Disciplined philosophy to sell at the appropriate time. While an extended deck with steps to grade offers more entertaining space. This 2-year-old home boasts many upgrades including: Crown Molding, hardwood floors, carpet and pads to name a few. Freshly painted, this home features 3 bedrooms and 1 bath. Pristine Lexington residence privately situated on its elegantly landscaped grounds enjoys easy walkability to downtown 1974. There are 5 real estate listings found in Sterling, AK.View our Sterling real estate area information to learn about the weather, local school districts, demographic data, and general information about Sterling, AK. Wendy has been in the real estate accounting/finance industry for over 25 years. Minimize risk profile by offering low gross rents in the subject submarket. Offering endless potential, breathe your creative vision to life in this sweet 3BR/2BA ranch style home. When you are ready to begin your home search or if you know . David is responsible for all activities of the company. For more information, you can visit Sterlings website atwww.sterling-partners.com to contact David Zeff or Caleb Augustyn. .and if all of that isn't enough, it's in Botetourt Co! Phone Number +1 828 398 0116. Once you have received the Sterling Equities has maintained an ownership interest in the New York Mets Major League Baseball club since 1980. See what employees say it's like to work at Sterling Real Estate Partners. Show and sell. Upstairs, you'll find three bedrooms as well as an additional room perfect for use as a walk-in closet. The parking lot is supposed to be gated, for safety reasons. Your Collecting NFT Art In Your Metaverse Home: Virtual Real Estate. Find Sterling, VA homes for sale, real estate, apartments, condos & townhomes with Coldwell Banker Realty. 2 reviews of Pennytree Apartments - Sterling Real Estate Partners "I used to enjoy living here. 545wyn . All information is deemed reliable but not guaranteed, and should be independently verified. Enjoy Main Level Living in this 4Bed/2Bath Brick Ranch in Town, Convenient to All Amenities! 8 . Large living room that opens to the formal dining room. Lea Ann was born and raised in Phoenix, Arizona and currently resides in Gilbert with her husband, Brooks, and three children. Sterling Management Company is an affiliated property management company for Sterling Real Estate Partners. 312 Kat. We will find you a suitable tenant for your property by doing background and credit checks, move-in inspections, house inspections as well as prepare leases. Finally.WOW! LOT 1B Twin Rocks Rd, Sterling, PA 18463. 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 no other investment class on the planet with such a low risk profile and above-average returns. We will be delivering essentially new product at a significant discount to replacement cost.. 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. Sterling Real Estate Partners, LLC 6209 Longdale Furnace Rd, Suite B Clifton Forge, VA 24422 . Fully updated throughout, the first floor features a spacious entry hall with its stunning staircase, reclaimed newels and banister, light-filled living room with woodburning fireplace and patio access, newly renovated gourmet kitchen with induction range and eat-in area, formal dining room, classic den with custom built-ins, and full bathroom. 540-329-3010 . Sterling had the property under contract since January of 2021 while it underwent the rezoning process for residential use. Password? 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. We love the low risk profile of multifamily! New resident amenities will feature a large conference room with workspace-style offices, state-of-the-art indoor/outdoor fitness center, yoga studio, movie theater, dog park with pet washing station, resort style pool, automated package locker delivery system, smart access system, and more. This one level home has been updated with new roof, new windows, refinished floors and freshly painted walls, providing a modern feel. This is Sterlings fifth acquisition in the last 6 months, totaling more than $60 million. Sterling Real Estate Partners 77 Central Ave, Suite D Asheville, NC 28801 . The principals and employees invest at least 10% of equity in each investment and broadly share the promoted interest among the professional staff. REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Poessession after recording. All listing data is refreshed regularly, but its accuracy is subject to market changes. account. Email Address. 828-398-0116; Email Address ; Latest Properties. Approach. There's even a storage shed for additional storage and a fantastic barbecue area. Find Out How Much Your Home Is Worth 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. We pursue investments at discounted values relative to stabilized cash flows, market comparables and replacement cost. $439,000 . Were an open book to answer any questions or concerns you have about an investment. Sort: Homes for You. Site amenities will be updated during the conversion with upgrades budgeted for the pool area, fitness room, clubhouse, conference room, dog park, and outdoor lounge. Priced under value to allow for buyer updates. The . Utilize Sterlings strategic partnerships to create highly efficient communities. Pursue refinancings to return investor capital and provide long-term stabilized cash flow. Sort: Homes for You. browsing the most up-to-date real estate listings around. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. Multifamily delinquency rateat its peakwas 90% lower than the residential rate in the Great Recession. 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