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In 2012, Pretium raised $1.2 billion for its first residential real estate fund named Progress Residential, L.P which was used to buy more than 16,500 homes at big discounts. The fund would fund the establishment of the company Progress Residential, which acts as a single-family rental (SFR) management services platform. [2] [4] [5] [6]
In March 2017, WeWork signed a lease for the 8th & 9th floors occupying 51,547 square feet (4,789 m 2) to open their first North Carolina office in Charlotte. The location opened in the summer of 2017. Adam Wacenske, general manager of the WeWork's southern region, said this about the new location "When we talk about where we want to launch a ...
One Independence Center is a high-rise office building located in Uptown Charlotte, North Carolina. It was completed in 1983 and stands at a height of 301 ft (92 m) [ 2 ] with 20 floors. It is the seventh largest building in Charlotte by leasable square feet with 565,694 square feet.
In July 1985, Trammell Crow Co. and Norfolk Southern Corp. announced plans for the block between College and Brevard Streets and between 2nd and 3rd Streets. First Union Center, named for its main occupant, would include an 850,000 square feet (79,000 m 2) 34-story granite and glass skyscraper [8] called Two First Union Center, which was to be Art Deco and the city's first postmodernist office ...
Residential skyscrapers in Charlotte, North Carolina (8 P) Pages in category "Residential buildings in Charlotte, North Carolina" The following 6 pages are in this category, out of 6 total.
Fifth Third Center, formally known as the IJL Financial Center and 201 North Tryon, is a 447 feet (136 m) building in Charlotte, North Carolina. [1] It was completed in 1997, and has 30 floors. It is located at the intersection of West Fifth Street and North Tryon Street. It was designed by Smallwood, Reynolds, Stewart, Stewart & Associates.
In 1996, it expanded into the residential property management business with the acquisition of two Florida property-management firms. [2] Further acquisitions in the residential property management business followed, including the acquisition of the Merit Companies in 2007, [ 4 ] and Planned Communities in 2008. [ 5 ]
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.