Thompson Thrift, one of the nation’s leading multifamily developers, announced today the sale of Watermark at Jordan Creek, a 176-unit Class A multifamily community in West Des Moines, IA for an undisclosed amount. The buyer wasn’t identified.
“We successfully executed our business plan to optimize operations for this high-quality property, and we are pleased to have sold a well-occupied community with healthy in-place rents,” said Josh Purvis, managing partner for Thompson Thrift Residential.
Located at 6455 Galleria Dr. in West Des Moines, the county’s wealthiest suburb, the 94% occupied community offers four-story buildings with detached garages. Completed in 2015, the one-, two-, and three-bedroom luxury apartment homes feature designer interiors, granite countertops, hardwood-style flooring, energy-efficient appliances, full-size washers and dryers and high-speed internet access.
The post Thompson Thrift Divests West Des Moines Luxury Apartments appeared first on Connect CRE.
Thompson Thrift, one of the nation’s leading multifamily developers, announced today the sale of Watermark at Jordan Creek, a 176-unit Class A multifamily community in West Des Moines, IA for an undisclosed amount. The buyer wasn’t identified. “We successfully executed our business plan to optimize operations for this high-quality property, and we are pleased to have …
The post Thompson Thrift Divests West Des Moines Luxury Apartments appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate,
