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WithMe, Inc , the Parent of PrintWithMe, Announces Multifamily Advisory Board
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Redwood Capital Group Acquires Adley City Springs in Metro Atlanta and Ascent Cresta Bella in San Antonio
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The CBRE email did not include an asking price, but a sale of the property could rank among the biggest apartment deals in the Chicago suburbs in the past couple years. Redwood paid $84 million, or $210,000 per unit, for the complex in February 2017, according to a deed filed with DuPage County.
The suburban apartment market is one of the few real estate sectors to stay healthy through the coronavirus pandemic, with occupancies and rents both rising last year, according to Integra Realty Resources, an appraisal and consulting firm. A high price for Dwell would offer another bullish data point for landlords and possibly flush more suburban properties out onto the market.
Redwood promotes two to managing director
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Redwood Capital Group Expands Investments Team by Promoting Bill McDougall and Field Stern, and Adding Bill Rose to Dallas Office
Moves support $1.5 billion real estate firm s ambitious expansion goals
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CHICAGO, Jan. 20, 2021 /PRNewswire/
Redwood Capital Group (Redwood), a vertically integrated multifamily investment manager, today announced two executive promotions and a new hire to support its strategic plan to double its assets under management over the next five years.
Effective immediately, the company has promoted Bill McDougall to managing director of investments and head of acquisitions, and Field Stern to managing director of investments and head of capital markets. McDougall and Stern are now members of the Investment Committee as well. In addition, Redwood has hired Bill Rose as director of investments in the firm s Dallas-Fort Worth office. Prior to joining Redwood, Rose held positions with leading regional investment sponsors