COVID-19 has forced a lot of changes on how the world operates and Casoro Group continues to adapt. During this recessionary environment, it is the perfect time to implement the company’s “buy low” tactic of the “buy low, sell high” strategy. GlobeSt.com reports that coronavirus has moved more multifamily deals off-market. One industry professional reasoned…
News
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Multifamily Acquisitions During a Pandemic
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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…
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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…
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Why Finance Can’t Afford a Dearth of Female Leadership
Companies say they are highly committed to gender diversity, but how is that bearing out? According to the comprehensive 2019 Women in the Workplace study, the percentage of women working at the senior levels has increased slightly but companies need to focus their efforts earlier in the pipeline to make real progress. The study identified…
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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…
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Best Practices to Success – A Post-NMHC Reflection
With the 2020 National Multihousing Council’s annual meeting behind us, it has allowed me to reflect on a number of things that could help us succeed. In a keynote address, Caren Majo, CEO of Nestio spoke about our communication methods with residents and prospects and how it requires adapting. “A lot of work we’re doing…
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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…
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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….
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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.
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Casoro Group Marketing Team Earns Top CRE Award
GlobeSt. Real Estate Forum Names Casoro’s team as Top Influencers in CRE marketing Casoro Group’s in-house marketing team has been recognized nationally as top Influencers in Commercial Real Estate Marketing by the editors of GlobeSt. Real Estate Forum. Casoro’s team, led by Marketing Director Jessica Lee-Wen, earned the recognition for its internal rebranding effort centered…
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