With the 2018 hurricane season starting June 1, what can owners and property managers do to ensure that their communities are as safe as possible in the event of a major storm? The most important step, industry professionals say: Have a plan in place. According to...read more
DLP recently partnered with Tzadik Management on a Senior Equity Partnership that represents one of our largest equity deals to date, at over $36 million. Recently closed in early April, it is an acquisition of 6 apartment communities totaling 1,010 units located in...read more
ATLANTA, April 12, 2018 (GLOBE NEWSWIRE) -- Tzadik Management announced Monday the acquisition of six off market, direct to seller, multi-family apartment communities in the state of Georgia. This acquisition totals 1,010 units that span between Houston, Dougherty and...read more
Tzadik Management announced Monday the sale of their last property in Miami Dade County. This marks the final sale of their inaugural portfolio, that began with acquisitions in 2010. ‘Opa-Locka Holdings’ was a 9-property portfolio spanning across…read more
Summer Lake Villas Portfolio: In May, Tzadik Management sold a portion of their portfolio consisting of 3 properties spanning over Fort Lauderdale, West Palm Beach and New Port Richey. Chief Visionary Officer, David Runyon, believes these…read more
Tzadik Management has closed on the sale of the 7136 Building, one of the earliest properties ever owned by Tzadik. The 20-unit apartment complex located at 7136 NW 14th Place, sold yesterday ending Tzadik’s 6-year ownership of the property.read more
Tzadik Management has closed on yet another Miami Apartment sale. The 2-Story, 36 Unit Garden Style Building located at 820 NW 70th Street in Miami, FL sold yesterday for $1.35 Million, ending Tzadik’s 5-year ownership of the property. This sale is the latest in a series of sales completed by Tzadik in the Miami area in the past year.read more
In another step of analogous sales, Tzadik Management has sold two of their earlier assets, 1251 and 1281 NW 61st Street for $1.45M million in early September.read more
Eagle Properties Management Company sold its six-property multifamily portfolio totaling 1,244 units across Central Florida to Tzadik Management for $63 million, or about $51,000 per unit.
“The Eagle Apartments Portfolio offering was a rare opportunity to acquire a critical mass of units within some of the fastest-growing rental markets in Florida,” says Michael Donaldson, a vice president investments in Marcus & Millichap’s Tampa office.read more
By Bob Koslow and Clayton Park, email@example.com, firstname.lastname@example.org
DAYTONA BEACH — The former owners of Lohman Funeral Homes recently sold four apartment complexes in east Volusia County as part of a larger sale that included two apartment properties in Orlando.
The Lohman family have used some of the proceeds from the $63 million they received from the sale to Miami-based Tzadik Management to acquire another apartment complex in Daytona Beach.
“We didn’t intend to sell. They weren’t on the market,” said Lowell Lohman, who owned the complexes with his wife, Nancy, and son, Ty. “We got a nice offer and agreed to sell.”read more