Tag Archives: real estate development

Omaha-Based Apartment Developers Complete Their First 1,000 Apartment Units

OMAHA, Neb. /ScoopCloud/ -- SB Communities, LLC, owned by Jerry Slusky and Bob Batt, is a privately-owned real estate development company known in Nebraska and Iowa for its focus on building new, first-class apartment communities since 2013, specializing in identifying Midwest communities with populations of around 50,000 where there is a particular need for amenity-filled apartments.

SB Communities, LLC fulfills this need and develops projects with resort-style pools, innovative clubhouses, full-size fitness facilities, and individual apartments with quartz island countertops, stainless steel appliances and washer/dryers as basic amenities. They have followed this model for the past seven years, and it has been a huge success.

The company has recently passed the milestone of completing one-thousand apartment units. Jerry and Bob put their decades of experience earned in real estate development and furniture sales and marketing to give SB Communities, LLC this extraordinary pace of growth.

Bob Batt grew up and went to college in Omaha. He retired from Nebraska Furniture Mart (now a Berkshire Hathaway subsidiary) after a long and successful career in marketing and executive leadership. He then joined with Jerry to create SB Communities, LLC.

Attorney Jerry Slusky has been in real estate law practice for over 45 years, most of which have been spent assisting clients in all aspects of the development of commercial real estate. Jerry is the Founder of the CRE Summit - an annual commercial real estate conference now in its 32nd consecutive year; he is also one of only seven Nebraska Fellows of the American College of Real Estate Lawyers (ACREL).

Some of the company's widely recognized projects include The Sterling Apartments of Grand Island, The Sterling Apartments of Kearney and The Sterling Apartments at Prairie Trail in Ankeny, Iowa.

Speaking about their recent achievement, Jerry said, "A thousand units is an important number. It demonstrates that we were right to invest in research and move forward with providing these communities the products they were missing. SB Communities, LLC provides a first-class apartment living experience that is more like a home, set in an amenity-filled community campus".

This achievement opens many new doors for SB Communities, LLC. Bob Batt is very optimistic about the future of the company. He says, "Mrs. B, Founder of the Nebraska Furniture Mart, often told me, 'It's not what you want. It's what the customer wants.' And that's true for this business as well! The transfer of business ideas and theory applies as we consider what the customer is wanting, not what we want."

SB Communities, LLC is also a partner in a joint venture in the development of 300 units in Papillion, NE, Axis Apartments, which opened its first two buildings last August. The company is also planning to break ground on a new 404-unit apartment community in the Prairie Trail subdivision of Ankeny, IA in May 2021.

COMPANY CONTACT INFORMATION

SB Communities, LLC is a Nebraska owned and operated company, focused on bringing outstanding, home-like rental apartments to Midwest living. More details about SB Communities, LLC can be found on its website ( https://sbcommunities.com/ ) or via email ( dkline@smithslusky.com ) while inquiries can also be made via phone calls to 402-505-8105.

SB Communities, LLC, owned by Jerry Slusky and Bob Batt, is a privately-owned real estate development company known in Nebraska and Iowa for its focus on building new, first-class apartment communities since 2013, specializing in identifying Midwest communities with populations of around 50,000 where there is a particular need for amenity-filled apartments.

Related link: https://sbcommunities.com/

CityView Commercial and Jacobs Real Estate purchase Gaviidae Commons in Minneapolis, MN

MINNEAPOLIS, Minn. /ScoopCloud/ -- CityView Commercial and Jacobs Real Estate, led by Jack Friedler and Sholom Jacobs, have successfully closed on 651 Nicollet Mall which is part of Gaviidae Commons a 443,000 SF mixed use office and retail complex in Downtown Minneapolis. Gaviidae Commons is located on Nicollet Ave and 7th street and anchored by a new YMCA and Walgreens.

"Gaviidae Commons represents the best location in downtown Minneapolis," said Jack Friedler. "In addition to a robust downtown office market, as living habits change, Millennials are migrating from suburban America to urban America. Downtown Minneapolis is flourishing."

Friedler added, "In today's shrinking retail environment retailers need to be in the best locations to succeed. The development of the old Dayton's building and revitalization of Nicollet Mall is just the beginning of a continually growing downtown."

The building is connected to the Wells Fargo Center and to the IDS and RBC buildings via the skyway system. This system provides convenient year-round access to the retail and convenience services offered in the newly acquired property.

For more information visit: http://cityviewcommercial.com/

*LOGO link for media: https://www.Send2Press.com/300dpi/19-0123s2p-cityview-commercial-300dpi.jpg

CityView Commercial and Jacobs Real Estate, led by Jack Friedler and Sholom Jacobs, have successfully closed on 651 Nicollet Mall which is part of Gaviidae Commons, a 443,000 SF mixed use office and retail complex in Downtown Minneapolis.

Related link: http://cityviewcommercial.com

Homestake Capital’s New Brand: Kokes Properties – a Real Estate Legacy

BRIELLE, N.J. /ScoopCloud/ -- Third generation real estate developer, Michael J. Kokes, president, proudly announces Homestake Capital LLC is now Kokes Properties, a full-service real estate firm. Rebranding as Kokes Properties showcases the company's aspiration to become New Jersey's premier, vertically integrated real estate firm and solidifies the Kokes name as one of the most trusted in the industry.

Since founding Homestake Capital in 2015, Mr. Kokes has successfully guided its evolution from a passive investment vehicle to a full-service real estate firm. "Assuming a more active role in development projects has become central to the firm's growth strategy, and rebranding to Kokes Properties is a logical progression that will help our team achieve our business initiatives, and build upon the legacy established by my father and grandfather," Kokes says.

Prior to founding his business, Mr. Kokes worked side-by-side with his father Jan, who led The Kokes Organization (TKO) for more than 35 years. Between 1964 and 2016, TKO developed more than 21,000 homes throughout New Jersey, and an extensive network of real estate industry connections and relationships that have continued to grow under Michael's stewardship.

At Kokes Properties, Mr. Kokes will uphold the family legacy of developing and owning high-quality real estate assets, forging meaningful relationships in New Jersey communities and beyond, and remaining steadfast in its commitment to responsible corporate citizenship.

Mr. Kokes says, "We value every relationship, from trade partners and residents, to government officials. Our aim is to develop communal relationships that span decades to benefit our children and our children's children."

Kokes Properties continues developing Homestake Capital legacy assets, notably The Townhomes at Eden & Main, a 64-unit housing community, within walking distance of the vibrant and evolving downtown of Southington, Connecticut. Eden & Main welcomed its first homebuyers in November 2019. Mr. Kokes also enthusiastically embraced the town with major sponsorship of Southington's 51st Apple Harvest Festival in October 2019, which delighted more than 100,000 area residents and visitors.

Kokes Properties is expanding its real estate projects and project opportunities for industry partners; from land developers and trade subcontractors to potential residents. Interested partners may reach out by email to Kokes Properties at: info@kokesproperties.com.

About Kokes Properties, LLC

Kokes Properties turns untapped real estate project potential into thriving communities by prioritizing the impact and longevity of its developments, and by seeing projects through to completion. Michael J. Kokes is a third-generation real estate developer, meeting new market demands while honoring the principles and reputation established by his grandfather and father. Kokes Properties' purpose and success is aligned with its customers, trade and business partners, staff and government officials. More information: https://www.kokesproperties.com/

*IMAGE link for media
[1] https://www.Send2Press.com/300dpi/20-0115s2p-eden-and-main-kokes-300dpi.jpg
Caption: Eden & Main: Kokes Properties Townhomes at Eden & Main, Southington, CT.

[2] https://www.Send2Press.com/300dpi/20-0115s2p-michael-j-kokes-300dpi.jpg
Caption: Michael J. Kokes, President, Kokes Properties, at Eden & Main in Southington, CT.

Third generation real estate developer, Michael J. Kokes, president, proudly announces Homestake Capital LLC is now Kokes Properties, a full-service real estate firm. Rebranding as Kokes Properties showcases the company's aspiration to become New Jersey's premier, vertically integrated real estate firm and solidifies the Kokes name as one of the most trusted in the industry.

Related link: https://www.kokesproperties.com/