Contacto

Noticias y destacados

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 first took over the property in 2012, it was in a state of severe disrepair due to a sustained lack of capital investment. Elandis put in its own management company, Elandis Services, and invested resources to restore the built and social environment for the community. Capital improvements included sewer system repairs, electrical and lighting upgrades, new recreation amenities, pool and spa upgrades, exterior paint, and a partial unit upgrade plan.
The firm’s strategy focuses on the acquisition and repositioning of Class C workforce multi-family developments into Class B properties. Elandis invests in localities that exhibit favorable economic performance and are experiencing job growth opportunities with a strong workforce housing presence and a growing population.
Elandis Services is the dedicated property management team that draws on local resources and talent, creating new employment opportunities, working efficiencies and economies of scale. Adding value to the communities it serves through property management is a core element of the Elandis business proposition.
“This sale is a good example of our ability to enhance value in problematic properties, and competitive markets such as Las Vegas. We are proud of the transformation our team has achieved, which provides not just a strong return on investment, but also improved quality of life to a neglected community. We have a strong track record for investing and improving multifamily communities across the Sunbelt over the last ten years, and we remain on the lookout for further workforce housing investment opportunities,” said Frank Espinosa, Chief Executive Officer of Elandis.

[ También te puede interesar ]...

Fannie Mae Finances Elandis’s Pine Creek Multifamily Community In Houston, Texas, With $11m Property Loan
HOUSTON - Oct. 03, 2017

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 $1115 million is with US government-sponsored enterprise, Fannie Mae on a seven-year term

Elandis adquiere 14.000 m² de tierra para el desarrollo de villas en el norte de Argentina
MIAMI - Septiembre 21, 2017

Elandis, la firma internacional de hospitalidad, propiedad, desarrollo y administración de bienes raíces subsidiaria de Libra Group, anunció la adquisición de 14000 metros cuadrados de tierra en la Estancia Cafayate, una hacienda residencial y deportiva en la región de

Elandis vende Jasmine at Tamarac, en Florida, por US$ 22 millones
MIAMI, FL - Agosto 5, 2016

Elandis (anteriormente FCA Group), el brazo inversor y administrador de propiedades de Libra Group para Norte y Latinoamérica, ha anunciado la venta de Jasmine at Tamarac, un portfolio de 222 depatamentos residenciales en Tamarac, Florida, en Broward

Elandis adquiere 1.000 residencias multifamiliares en Houston, Texas
MIAMI - Mayo 30, 2016

Una operación de US$50 millones se suma al portfolio de Elandis

Elandis, la compañía de Libra Group que se dedica al desarrollo, propiedad y gestión de activos inmobiliarios en América, adquirió aproximadamente 1000 unidades en cuatro

Se vendió «Gran Pavilion» en Tampa
MIAMI - Julio 28, 2016

FCA Group (ahora incorporado en Elandis) el brazo inversor inmobiliario de Libra Group en América del Norte y Central, ha vendido 212 departamentos de ‘Grand Pavilion’, los 163,000 pies cuadrados pies cuadrados de desarrollo de la comunidad

Se vendió «Oaks at Granada» en Tampa
MIAMI - Diciembre 29, 2015

FCA Group (ahora incorporado en Elandis) el brazo inversor inmobiliario de Libra Group en América del Norte y Central, ha vendido 94 departamentos de “Oaks at Granada”, los 121250 pies cuadrados de desarrollo de la comunidad multifamiliar