Sundance Bay Becomes a Signatory
By: Sundance Bay via PR NewswireJune 24, 2021 at 17:00 PM EDT Sundance Bay Becomes a Signatory to the ILPA Diversity in Action Initiative Sundance Bay is pleased to announce that it has become a signatory to the Institutional Limited Partners Association’s (“ILPA”) Diversity in Action initiative. Through its participation, Sundance Bay reaffirms its commitment to advancing diversity, equity, and inclusion (“DEI”) in […]
Sundance Bay completes $81m first close
By: Sundance Bay Utah-based Sundance Bay has completed the first closing of its Sundance Bay Income and Growth Fund. The fund secured $81.2 million in equity commitments and has a fundraising target of $500 million. The fund will invest in core-plus and value-add multifamily assets in secondary markets across the United States, according to Ines Leung, […]
Berkadia Completes Sale of Multifamily Property
CHICAGO & KANSAS CITY, Mo. – October 31, 2019 Berkadia announced today the sale of The Kings, a 408-unit garden-style multifamily property in Kansas City, Missouri. Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office, along with Senior Director Michael Sullivan and Director Brett Meinzer of Berkadia’s Kansas City, Missouri office completed the sale. Berkadia […]
A revitalizing North Broad Street
By: by Jacob Adelman, Updated: October 25, 2019 A revitalizing North Broad Street girds for surge of apartments with two major projects planned Developers Toll Bros. and Alterra Property Group are separately planning apartment projects on Broad Street north of Center City that could add nearly 900 units to the rapidly revitalizing corridor. Horsham-based Toll […]
Halsey Flats The Full Package
By: Dana Brillante-Peller, October 22, 2019 Halsey Flats (formerly Mallgate of St. Matthews Apartments) is located in St. Matthews, a submarket of Louisville, KY. Filled with restaurants and nearly every chain store imaginable, St. Matthews is Louisville’s largest shopping district. Halsey Flats is a 540-unit community purchased in 2018 by Salt Lake City-based Sundance Bay. […]
Berkadia sells 176-unit apartment community in Kansas City
By: Staff Writer August 9, 2018 Berkadia recently closed the sale of NoRi, a 176-unit multifamily community in Kansas City, Missouri. Senior director Michael Sullivan and director Brett Meinzer of Berkadia’s Kansas City investment sales team, and managing director Alex Blagojevich of the company’s Chicago office, represented Salt Lake City, Utah-based Sundance Bay. Monarch Investment […]
California real estate firm buys Las Vegas apartment complex
By: Eli Segall California real estate firm OpenPath Investments bought the Desert Ridge apartment complex at 7055 E. Lake Mead Blvd., for almost $31 million. (Berkadia)California real estate firm OpenPath Investments bought the Desert Ridge apartment complex at 7055 E. Lake Mead Blvd., for almost $31 million. (Berkadia) By Eli Segall / Las Vegas Review-JournalApril […]
Why Fast Food Chains and Medical Offices Are Proliferating
By: Betsy Kim | April 09, 2018 at 04:00 AM Top net lease developers share their perspectives with one advisor saying “the best real estate is covered up with bad buildings.” NEW YORK CITY—At the RealShare Net Lease Conference on April 5 in New York City, top professionals in the net lease development world openly shared what […]
Giant St. Matthews apartment complex to undergo $15M renovation
By: Marty Finley – Reporter, Louisville Business FirstFeb 28, 2018, 9:45amThe new owners of a 540-unit apartment complex in St. Matthews plan to completely revamp the aging complex with a modern look in a competitive leasing environment. Travis Olsen, director of development and construction for Salt Lake City-based Sundance Bay, said Wednesday that the company is preparing […]
The Cautious Growth of Net Lease Development
By: Alexandra Pacurar, Commercial Property ExecutiveFebruary 21, 2018 Sundance Bay’s Mark Maughan explains challenges for smaller owners and his expectations from the sector for the coming 12 months. The outlook for net lease development is positive, with high demand and capital availability at the core of growth predictions. Larger companies and emerging developers in the […]
