Source: FORBES By: Daniel Kattan – Forbes Councils Member The sacred cow of real estate asset classes has consistently been core assets such as retail, office and Class A multifamily; however, workforce multifamily has historically been a vital performing asset, and I believe it is positioned to rise to the top. Office and retail have been dependable with […]
Source: FORBES By: Daniel Kattan – Forbes Councils Member Cap rates are more formally known as asset capitalization rates and are important for commercial real estate analysis. I’d like to shed a light on cap rates — and the way they are used and manipulated. Cap rates contain both positive and negative qualities, and while […]
FORBES ARTICLE Managing Partner, Capital Markets at PIA Residential. Countless businesses and models have been disrupted by technology and the speed of these disruptions is growing exponentially. The current pandemic has exacerbated this phenomenon as each disruption usually happens slowly over time as people get more comfortable with the tech. New realities are forcing the workforce […]
Forbes Business Council Is an Invitation-Only Community for Successful Business Owners and Leaders NEWS PROVIDED BY: PIA Residential Miami, Dec. 10, 2020 – Danny Kattan Managing Partner, Capital Markets of PIA Residential, a South Florida-based full-service real estate private equity firm, has been accepted into the Forbes Business Council ( Real Estate Council), the foremost […]
JACKSONVILLE, FL – Miami-based PIA Residential and Des Moines, Iowa BH Equities have acquired St. Johns Pointe Apartments, a 284-unit rental community in the city’s Orange Park submarket, for $ 33.4 million from WRH Realty Services in Tampa acquired. The one and two story garden-style apartment complex is located at 114 Old Orange Park Road, […]
November 29, 2020 Miami-based private equity real estate firm PIA Residential and BH Equities have acquired St. John’s Pointe Apartments, a 284-unit rental community in Jacksonville’s Orange Park submarket. The sales price was $33.4 million. Located at 114 Old Orange Park Road, the garden-style apartment complex is nearby downtown Jacksonville and was built between 1968 […]
The 284-unit community was built between 1968 and 1974. by: Katie Garwood Staff Writer Miami-based PIA Residential announced Nov. 17 it acquired St. John’s Pointe Apartments in Orange Park for $33.4 million. PIA Residential and Des Moines-based BH Equities closed on the 284-unit community at 114 Old Orange Park Road on Oct. 30. The seller was Tampa-based […]
