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. Gentle walk to the fabulous deep water dock complete with a large boathouse. Sterling Bay manages many high-profile properties downtown, including Prudential Plaza, 311 W. Monroe St. and 1K Fulton, better known as Google's Midwest headquarters. Sterling Real Estate Partners Plans Apartment Conversion at 114-Room Hotel in Scottsdale, Arizona. The parking lot is supposed to be gated, for safety reasons. verification code, you will be able to choose a new password for Phoenix, Arizona Area . Sterling Real Estate Partners II, LLC: 51421: 2/24/2012: U.S. Bankruptcy Court Northern Division- S.J. Sterling Real Estate Partners is a real estate investment company focused on value-add multi-family investments. Welcome to Sterling Prope rties & Management, LLC ~ your source for real estate and rental properties in Lexington and its surrounding areas. The . Freshly painted, this home features 3 bedrooms and 1 bath. 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. We can reduce long-term business costs for the stakeholders while maximizing the resident experience. 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 . Enjoy Main Level Living in this 4Bed/2Bath Brick Ranch in Town, Convenient to All Amenities! $239,900 . If you own real estate or are looking for someone to manage your investment, we would like the opportunity to serve you. Agent listings. This 2-year-old home boasts many upgrades including: Crown Molding, hardwood floors, carpet and pads to name a few. verification code will be sent to you. 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. Sterling Real Estate Partners Acquires Tucson Hotel to Convert to Apartments January 3, 2022. 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 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. Susan M. Young Seizing on Tucson's hot real estate market, a downtown hotel is being converted into an apartment complex. 2009. Throughout Covid, we have been pursuing the arbitrage between the value of hotels and apartments. He relocated from the San Francisco bay area to Phoenix to be closer to the portfolio and build out the team in Arizona. $124,900. All properties are subject to prior sale, change or withdrawal. Are you new to the area? Sterling Real Estate Partners 77 Central Ave, Ste D Asheville, NC 28801 . 8 . We are Sterling Bay. Poessession after recording Sterling Capital is a premier real estate investment company diversified in various real estate holdings. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. There is a rocking chair front porch and rear deck, 2 storage sheds, nice privacy w/ wooded lot. A fully-integrated real estate operating company. Once you have received the Investments are also underwritten on an unleveraged basis and then capital structures are optimized to maximize risk-adjusted returns. This beautiful 4-square, 2-story home boasts numerous homeowner updates and is ideally located in the heart of Grandin. Company profile page for Sterling Real Estate Partners LLC including stock price, company news, press releases, executives, board members, and contact information Read More Gorgeous colonial situated on1.6 acres of lush land. We are happy to help you in any way we can. 76 . Interested in finding information about the demographics, population, and more? One of Chicago's most prolific developers cut its staff by about 5 percent. If she has a goal, she wont stop until shes achieved it! Sterling Real Estate Partners, LLC 6209 Longdale Furnace Rd, Suite B Clifton Forge, VA 24422 . Company Type For Profit. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes. The Finished basement is perfect for playroom or home. you? 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. Current Kitchen stove is gas, but Buyer can switch to electric at their expense as home is set up for either type. There is always net equity invested after fees. Has COVID-19 revealed a long suspected economic driver of housing prices in Boston. Outside, there is a shed, rocking chair front porch and the brick exterior adds a classic touch. Our focus is acquiring properties with a value add component ranging from re-positioning to full scale re-zoning and development. BETTER THAN NEW! you? Located in the southern part of Rockbridge County, Rainbow Knoll is convenient to I-81, Rt 11, Natural Bridge & Lexington. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. We can reduce long-term business costs for the stakeholders while maximizing the resident experience. Find Out How Much Your Home Is Worth $649,000 . continue in. The new windows and refinished floors give it a modern feel, while the freshly painted walls offer a clean and inviting atmosphere. If you own real estate or are looking for someone to manage your investment, we would like the opportunity to serve you. 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. Sterling Home Partners offers a unique real estate experience to all our clients whether buying or selling a home. Lea Ann has successfully managed all asset types, from distressed class C communities to luxury, class A communities. See pricing and listing details of Sterling real estate for sale. The home sits in a quiet neighborhood yet only 10 minutes from the Westlake area w/shopping and restaurants. A The seven building, 10-acre site is located adjacent to the historic El Presidio neighborhood of Downtown Tucson. Sterling Real Estate Partners is an investment company focused on value creation for multifamily properties. Our mission is to create communities that residents are proud to call home while generating strong returns for investors. ABOUT US. 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. Multifamily delinquency rateat its peakwas 90% lower than the residential rate in the Great Recession. have For example, during the Great Recession, Freddie Mac single family loan delinquencies peaked at 4% while delinquency for multifamily loans hovered around 0.4%. Strategically reconfigure the property to maximize Net Operating Income. See what employees say it's like to work at Sterling Real Estate Partners. Your SPD is an affiliate of Sterling Equities, a 50-year-old real estate owner/manager and developer based in New York. 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. Email Address. 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. 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. I invite you to contact me as I'd be happy to assist you with this important transaction. 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. Gorgeous colonial situated on1.6 acres of lush land. Sterling Bay, the builder behind Google's Fulton . Outside interests include traveling, playing golf and spending time with family and friends. 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. Public Water/Sewer. 410 Honeysuckle Hill, Lexington, VA 24450. meeting This beautiful 4-square, 2-story home boasts numerous homeowner updates and is ideally located in the heart of Grandin. $109,500. Disciplined philosophy to refinance and sell at appropriate times. Learn more about our team at Sterling Management Company. $1,599,000 . Ready for your personal touches. 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. 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. Lea Ann was born and raised in Phoenix, Arizona and currently resides in Gilbert with her husband, Brooks, and three children. 828-398-0116; Email Address ; Latest Properties. About Our Story Our Team Careers Case Studies Scholarship Program. 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. Don't 1974. The firm plans on modernizing the interior . Streamlined decision making and clear communication allow for timely execution of the business plan. Time on realtor.com. 461 Padgetts Hill Rd, Natural Bridge, VA 24578, Rainbow Knoll is majestically situated on a scenic knoll off Padgetts Hill Road: 6 rolling acres with extraordinary views of the Blue Ridge Mountains. Wendy has been in the real estate accounting/finance industry for over 25 years. 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 . This is . There are 9 real estate listings found in Sterling, PA.View our Sterling real estate area information to learn about the weather, local school districts, demographic data, and general information about Sterling, PA. Get in touch with a Sterling real estate agent who can help you find the home of your dreams in Sterling. 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. So start small and grow with us over time. 317 days on Zillow. Lea Ann is also responsible for the review of all operating and financial results for third-party managed assets. 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. She is not thinking about selling a home and forgetting about you, but about building a lasting relationship with each and every client. Lower level has family/rec room w/ wet bar and wood stove, office, 3rd full bath and oversized 2 car garage. Brand new carpet on upper level. browsing the most up-to-date real estate listings around. in. Solutions Sales Marketing. Our investors are able to benefit from legal tax avoidance and deferment methods encouraged by the U.S. tax code, including depreciation, 1031 Exchanges and tax-free cash-out refinances. 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. Our focus is acquiring properties with a value add component ranging from re-positioning to full scale re-zoning and development. Please enter the email address for your Password? We offer 24 hour service to you and your tenant and have an experienced staff waiting to assist you. Spectacular views and b Sterling's success is a direct result of implementing . 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. Sterling Real Estate Partners Apr 2018 - Jun 2021 3 years 3 months. Sterling Real Estate Partners Priced under value to allow for buyer updates. 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.. 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. For Sale. Maintenance free ranch on 5 acres, spacious and open floor plan. Sterling Real Estate Partners 2021 | Website by. Find Sterling, VA homes for sale, real estate, apartments, condos & townhomes with Coldwell Banker Realty. 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