The strategic alliance with a team of more than 250 agents will enable The Condo Shop to boost the company’s growth and have access to better tools and resources.
The acquisitions are in line with the new national investment venture's strategy to pump more than $1 billion into assets under management, focusing on purchasing and operating value-add residential properties.
The Palmerton and The Willow are the latest additions to an extensive new regional network planned by the company. Additionally, Inspirit intends to renovate both assets.
The Marquis Brookhaven Portfolio consists of two multifamily communities totaling 344 units. The borrower will be using the loan to refinance one property and purchase the other.
With more than 20 years of experience under her belt, Grosse has received substantial recognition for her expertise throughout her career, including Manager of the Year, Best Overall NOI Growth and Achieved Accredited Resident Manager (ARM) IREM.
The Arel Capital-owned 141-unit property is the seventh residential asset to join The Collective Glendale, a 793-unit portfolio located near Infinity Park.