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Velocis Acquires Two Industrial Sites in Dallas therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
MIKE REUTHER [email protected] Lycoming County commissioners Tuesday approved a contract with Wood Environment and Infrastructure Solutions, Blue Bell, for the levee project. The $285,700 agreement will cover operational, maintenance and costs associated with bringing the levee and its needs up to date. Shannon Rossman, county planning director, noted that having such an agreement in place will help with receiving future funding for the levee. “This is to actually let everyone know what the actual operation and maintenance will be going forward,” she said. Commissioner Rick Mirabito noted that the agreement will help implement best practices for costs associated with the levee. ....
Posted December 28th, 2020 for Velocis CHARLOTTE, NC – (Dec. 28, 2020) – Velocis, a private equity real estate manager, has made its first multifamily acquisition with the purchase of Beverley, a 201-unit mid-rise apartment community in Charlotte. Beverley was built in 2020 by Charlotte-based developer, Proffitt Dixon Partners and was lightly marketed to a select group of investors by JLL. Responding to pandemic-driven changes in the US real estate market, Velocis has broadened its investment optionality by adding multifamily assets to its investment product offerings. As its first multifamily acquisition, Beverley represents an opportunity for the real estate manager to stay true to its value-add strategy while expanding into a new asset class. ....