Posts by Jessica Lee-Wen

  1. Inequality and Our Company

    As inequality and racism are prevalent in our nation, they are contrary to our vision to provide Better Homes for Better Lives. As a proud minority-owned company, we champion diversity, inclusivity, and equality. We continue our commitment to care, to be bold, and to be teachable by contributing to real change as we listen, learn,…

  2. Casoro Group Names Jon Mendoza as Vice President of Acquisitions

    Casoro Group has named Jon Mendoza as Vice President of Acquisitions for the firm. Mendoza will play a crucial role on identifying opportunities in the United States sunbelt region that will help the firm reach its goal of 20,000 units by the end of 2022. Earlier in April, Casoro Group announced their most recent acquisition…

  3. Multifamily Investing during COVID-19

    How is multifamily investing affected by COVID-19? A survey done by Institutional Property Advisors (IPA) reveals that nearly two-thirds of respondents said firms expect only a slight decrease in multifamily rents of the next six months and almost 41 percent anticipate vacancy rates will stay the same or decline. These numbers may be shocking or…

  4. Casoro Group Adds 1,070 Units to Multifamily Portfolio

    Casoro Group announced a new partnership with Civitas Capital Group to acquire a 1,070 unit portfolio in the Dallas/Fort Worth market. The transaction, which closed on February 28, 2020 will include renovations to Vistas at Pinnacle Park and Mariposa Villas located in Dallas, River Oaks located in Wylie, Savoy of Garland located in Garland, and…

  5. Melissa Oliver and Tom Parker

    Melissa Oliver Named President of CLEAR Property Management

    Casoro Group, an award-winning multifamily-focused real estate investment firm with a mission to provide better homes for better lives, has named Melissa Oliver as President of CLEAR Property Management, and Tom Parker as Director of Investor Relations for Upside Avenue, both subsidiaries of Casoro Group. At a recent State of the Union held in Casoro’s…

  6. REBusiness Online – Casoro Group Buys The Jax Apartment Community in San Antonio

    SAN ANTONIO — Casoro Group, an Austin-based investment firm formerly known as The PPA Group, has purchased The Jax in San Antonio. The recently upgraded, 322-unit apartment community is located at 12222 Vance Jackson Road on the city’s northwest side. The purchase price was not disclosed, but Austin Business Journal reports the property traded for $90 million….

  7. Goal-Setting Towards A Vision

    It’s a brand-new decade and we wanted to know how Casoro Group and its family of companies are contributing to its vision to provide Better Homes for Better lives. We’ve asked some of our colleagues to tell us what goals they have set that would help us achieve our vision.

  8. MultifamilyBiz – Growing Demand for Multifamily Housing Drives Merger of The PPA Group and Casoro Capital

    AUSTIN, TX – The PPA Group, a multifamily-focused commercial real estate firm, announced its merger with Casoro Capital, a family office and real estate investment firm that partners with other family offices, high net worth individuals, and institutional investors through real estate investment funds, separately managed accounts, and direct transactions. The new company, named Casoro…

  9. Millennials and Boomers ensure strong returns for multifamily rental investors

    Demand for multifamily housing remains high, ensuring solid returns for investors. According to the Wall Street Journal, pent-up demand for multifamily rentals is substantial, and is driven by the younger generations reaching adulthood and seeking to build a life apart from their parents. The WJS states that more than 50% of 18-24 year-olds still live…

  10. Chief Executive – PPA Group CEO On The Power Of Perseverance

    No one can ever accuse Monte Lee-Wen of taking the easy route in life. Right as The PPA Group was heating up and set to close on the biggest transaction of Lee-Wen’s career, he got kicked in the face–literally and metaphorically. Read the full story on Chief Executive here. PPA Group CEO on the Power…

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