Kent Merselis
Kent Merselis
both encouraged encouragement increase initial relationship sides though
Though this wasn't our initial transaction with GE, it was significant. It cemented the relationship and encouraged both sides to increase our portfolio.
advance continue greater market phoenix program
Lowe Enterprises is well-established in the greater Phoenix market and will continue to advance our program of investments and developments.
active appeal designed income level second starter
It will be designed to appeal to every level of income from starter to move-up to second move-up to active adult.
asset core strong
It's a core asset in a strong location.
capital focus levels looking marketing properties quality team whatever
We're looking for quality properties that are experiencing below-market occupancy levels or properties that, for whatever their reason, are in need of capital expenditure. We can then put a marketing focus team in there to lease them up.
ability allowed assets capturing close combined commercial estate financial fit highly ideal key knowledge local market move phoenix quickly relationships remains secure strong team
Our local market knowledge and experienced real estate team combined with our strong financial relationships allowed us to move quickly to secure this opportunity. Phoenix remains a highly competitive commercial real estate market and the ability to underwrite and close quickly is key to capturing assets like these, that are an ideal fit for our portfolio.
advantage market opportunity strong
The market is strong and it was an opportunity that we wanted to take advantage of.