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Get Ready for Hurricane Season! Keep These Things In Mind While Preparing:

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 Enterprise, an up-front investment in the long-term resilience of […]

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DLP Capital Partners Completes One of Our Largest Equity Deals to Date

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 College Park, Warner Robins, and Albany, Georgia. DLP provided 80% of the

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Over 1,000 Off-Market Units Bought by Tzadik Management

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 Clayton Counties. This marks yet another group of properties Tzadik has acquired outside the state of

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Eagle Apartments Portfolio Trades Hands in Central Florida

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.

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Miami firm makes big buy of apartments in Volusia

By Bob Koslow and Clayton Park, bo********@*******nl.com, cl**********@*******nl.com

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.”

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