Elandis is thrilled to announce its recent property acquisition in Birmingham, Alabama
Alabama - May 2023
Miami, May 2023 –Elandis is thrilled to announce its recent property acquisition in Birmingham, Alabama. This latest addition to our portfolio marks our fourth property in the beautiful “Yellowhammer” State. The property, Crestwood Green, is a stunning 270-unit property that boasts a beautiful swimming pool and outdoor spaces. Conveniently located near the dynamic Central Business […]
Elandis Adds Third Multifamily Housing Community in Alabama, Expanding Portfolio to Nearly 4,000 Units
Alabama - September 2022
Miami, Sept 2022 –Elandis today announced the acquisition of a third multifamily community in Alabama. Hills At Hoover, a 320-unit community located at 3627 Cedarbrook Dr., is located in the Birmingham-Hoover metropolitan area. The acquisition was financed by Truist. Elandis plans to renovate and improve the 320 dwelling units for use by working families, including […]
Elandis Enters Alabama With Acquisition of Two Multifamily Communities
Alabama - July 2022
MIAMI, Jul 2022 –Elandis, a real estate ownership and property management company, today announced that it has acquired two distinctive multifamily communities in Alabama. The communities, located in Birmingham, include: • Ascot Place: Located at 544 Gadsden Hwy, Birmingham, AL – 288 units, built in 1972 and 1986. • Onyx at 600: Located at 600 […]
Elandis Acquires Six Multifamily Communities in Florida
Miami - December 2021
MIAMI, Dec 2021 –Elandis, a real estate ownership and property management company, today announced that it has acquired six separate multifamily communities in Florida. The communities, located in Orlando and Daytona Beach, include: – Millennium: Located at 4255 Barwood Drive, Orlando, FL – 200 units, built in 1974. – Brookside: Located at 3997 Rosewood Way, […]
Elandis Acquires 569-unit Multifamily Communities in Houston
Houston - November 2021
HOUSTON, Nov 2021 –Elandis, a real estate ownership and property management company, today announced that it has acquired Hudson & Crosby at Westchase, two multifamily communities with a combined 569 residential units in Houston. Located at 2909 Hayes Rd., Houston, Texas, the two-story properties ideally match Elandis’s stated goal of acquiring workforce housing communities throughout […]
Elandis Acquires 260-unit Multifamily Community in Houston
Houston - 22 March 2021
HOUSTON, 22 March 2021 –Elandis, a real estate ownership and property management company, announces it has acquired Waters at Westchase, a 260-unit multifamily community in Houston. The acquisition is part of a transformative Elandis joint venture, between London-based M&G Investments and the Libra Group, a multi-national conglomerate. The JV, which is deploying its first tranche […]
Elandis and M&G Investments Announce Joint Venture for Multifamily Platform
MIAMI - 25 September 2020
MIAMI, 25 September 2020 –Elandis, a real estate ownership and property management subsidiary of the Libra Group, today announced the launch of a transformative joint venture platform focusing on multifamily assets in the US between Libra Group and international asset manager, M&G Investments. M&G Investments has committed an initial $50 million of equity to the […]
Elandis announces sale of multifamily Valencia at Spring Branch, Houston, for $18M
- Miami - 22 February 2019
Miami – 22 February 2019 –Elandis, an international real estate ownership, development and property management company, has announced that it has sold Valencia at Spring Branch Apartments, a 228 unit multi-family development in Houston, Texas, for $18 million. The purchaser is a real estate investor group active in Southeast USA. When Elandis first took over […]
Elandis announces sale of multifamily Amber Ridge, Las Vegas, for $21M
Miami - 8 November 2018
MIAMI, November 8th, 2018 –Elandis, an international hospitality and real estate ownership, development and property management company, has announced that it has sold Amber Ridge Apartments, a 308 unit multi-family development in Las Vegas, Nevada, for a total of $21 million. The purchaser is a real estate investor group active in Southwest USA. When Elandis […]
Fannie Mae Finances Elandis’s Pine Creek Multifamily Community In Houston, Texas, With $11m Property Loan
HOUSTON - Oct. 03, 2017
Elandis announced today the financing of Pine Creek, the firm’s 300-unit, two-story multi-family community located in Houston. The development’s lending facility of $11.15 million is with US government-sponsored enterprise, Fannie Mae on a seven-year term. Fannie Mae is a leading source of financing for mortgage lenders nationwide and this deal follows the successful repositioning of […]
Elandis sells Jasmine in Tamarac, Florida, for $22 million
MIAMI, FL - August 5, 2016
Elandis (formerly FCA Group), the Americas real estate investment and property management arm of the Libra Group, has announced its sale of Jasmine at Tamarac, a portfolio of 222 residential apartments located in Tamarac,
Elandis sells Oaks-Grand Pavilion portfolios in Tampa, FL, and looks for new regional investment opportunities
MIAMI - July 28, 2016
Elandis (formerly FCA Group), the North and Latin American real estate investment and property management arm of the Libra Group, has sold a total portfolio of 306 residential apartments at the Grand Pavilion and Oaks at Granada multifamily community developments in Tampa, Florida. Acquired in 2011, the two holdings of 163,000 sq ft and 121,250 […]
Elandis acquires 1,000 multi-family apartments in Houston, TX
MIAMI - May 30, 2016
$50 million deal adds to Elandis portfolio Elandis, the real estate ownership, development and property management arm of the Libra Group throughout the Americas, has acquired approximately 1,000 units in four separate multi-family communities in Houston, Texas. The combined purchases are valued at $50 million and expand the company’s portfolio of owned and managed residential […]
‘Grand Pavilion’ in Tampa sold
MIAMI - July 28, 2016
FCA Group (now incorporated to Elandis), the North and Central American real estate investment and property management arm of the Libra Group, has sold 212 residential apartments of ‘Grand Pavilion’, the 163,000 sq ft multifamily community development in Tampa, Florida. Following the advantageous transaction, FCA Group, which has owned and operated over 1,500 multifamily units […]
‘Oaks at Granada’ in Tampa sold
MIAMI - Dec 29, 2015
FCA Group (now incorporated in Elandis), the North and Central American real estate investment and property management arm of the Libra Group, has sold 94 residential apartments of ‘Oaks at Granada’, the 121,250 sq ft multifamily community development in Tampa, Florida. Following the sale, FCA Group, which has owned and operated over 1,500 multifamily units […]
238 Bay Pointe Colony units in Tampa acquired
MIAMI - Nov 19, 2015
FCA Group (now incorporated in Elandis), the North and Central American real estate investment and property management arm of the Libra Group, has acquired 238 residential apartments of the 260 units on the Bay Pointe Colony multifamily community development in Tampa, Florida. Following the acquisition, FCA Group, which has owned and operated over 1,500 multifamily […]
‘Herond Pond’ in Pembroke Pines, sold
- Jul 7, 2014
FCA Group (now incorporated to Elandis), the North and Central American real estate investment and property management arm of the Libra Group, has sold 79 residential apartments of ‘Herond Pond’, the multifamily community development in Pembroke Pines, Florida. Following the advantageous transaction, FCA Group is embarking on a comprehensive investment program to add more properties […]
Acquisition of Amber Ridge apartments in Las Vegas complete
LAS VEGAS - Apr 10, 2014
FCA Group (now incorporated in Elandis), the North and Central American real estate investment and property management arm of the Libra Group, has acquired the 316-unit multi-family development Amber Ridge Apartments in Las Vegas, Nevada. It marks a significant addition of 266,060 sqft to the company’s North America multi-family housing portfolio and joins the 1,000 […]
Bought majority of Jasmine at Tamarac, FL
- Dec 22, 2012
FCA Group (now incorporated in Elandis) has acquired 222 residential apartments at Jasmine at Tamarac, representing the majority of the 291-unit community in Tamarac, Florida. Originally built in 1987 as a multifamily rental community, Jasmine at Tamarac underwent a condominium conversion and renovation program in 2006. With spectacular views of a surrounding golf course and […]
Former City of Fort Lauderdale COO Ted Lawson hired
- Aug 5, 2012
FCA Group (now incorporated in Elandis) has appointed former City of Fort Lauderdale Assistant City Manager (COO) Ted Lawson as its new Chief Operating Officer with immediate effect. A highly accomplished and recognized public administrator, Mr. Lawson was with the City of Fort Lauderdale, FL from 2006-11 and had similar responsibilities with the City of […]
Boosts in residential portfolio Florida
- May 15, 2012
FCA Group (now incorporated in Elandis) has acquired 94 two- and three-bedroom condominium units in popular 110-unit The Oaks at Granada residential development in the densely populated Tampa Bay area of Florida. Within easy reach of downtown Tampa and situated on the Hillsborough River, the quality units add over 121,000 sqft to FCA Group’s growing […]
New Headquarters in Miami
- Apr 15, 2012
FCA Group (now incorporated in Elandis) has acquired a highly prestigious building located at 1500 Ponce de Leon Boulevard in Coral Gables, one of Miami’s prime business addresses. FCA will occupy the entire building, which will become its new headquarters for North and Central America. The all-cash deal closed in April 2012. Built in 2003 […]
Tampa residential portfolio acquired
- Dec 9, 2011
FCA Group (now incorporated in Elandis) has acquired 212 units at the 264-unit Grand Pavilion residential community in Tampa, Florida. With 163,000 square feet of rentable area, this establishes FCA Group as a major presence in Tampa, which is one of Florida’s three main residential markets. This complex transaction was made possible by FCA’s ability […]
Pablo Flaifel joins group to head Property Management division
- Jul 11, 2011
Seasoned professional Pablo Flaifel has joined FCA Group (now incorporated in Elandis) in Florida to spearhead the company’s new Property Management division. An experienced and qualified expert in the field of comprehensive property portfolio administration, Pablo brings over three decades of expertise including tenant relations, estate development and financial oversight. “Pablo is a key addition […]
Condo portfolio increased at Heron Pond
- May 20, 2011
FCA Group (now incorporated in Elandis) has increased its portfolio of private residences at the Heron Pond condominium development in Pembroke Pines, Florida, to 79 units. This garden-style community site is located in one of the most desirable residential areas of Broward County in South Florida. The shared space includes a lake, tennis courts, a […]
FCA Group opens Miami office Headquarters
- Sep 3, 2010
FCA Group (now incorporated to Elandis) has officially opened in Miami, taking possession of the Latitude One office suite 2004 which it acquired in March of this year. The new office is strategically located to pursue the significant investment opportunity in southern USA, particularly within the residential real estate sector. FCA Group is also relocating […]
FCA Group makes its first significant investment in Florida condominiums
- Jun 3, 2010
FCA Group (now incorporated to Elandis) has acquired 94 residential units out of a total 260 units at the Crescent Cove garden-style community in Coral Springs, Florida. Within easy reach of Miami, the condos are desirable private homes set within a modern landscaped development. FCA’s acquisition also includes property management services and full control of […]
