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Price Realty 2Q24 Webinar
Price Realty Acquires Monticello Apartments
Price Realty Acquires The Wildwood Apartments
Price Realty 2Q24 Webinar
<div class='blog-link row collapse'> <a class='blog-btn read-more-button' href='/investment/news-and-trends/3144-price-realty-2q24-webinar?mo=08&yr=2024'>Read More</a> </div> </div> </div> <div class='blog-wrap blog-post-container'> <div class='column blog-details small-12 large-2 small-order-2 large-order-1'> <div class='blog-info text-left'> </div> </div> <div class='column blog-body small-order-1 large-order-2'><div class='blog-img blog-img-bg blog-post-bg-img hide-for-small-only' style='background-image:url(/uploads/corporate_blogs/images/1440x900h/3145/154-n-bailey-ave-fort-worth-tx-High-Res-12.jpg?1724075363)'></div><div class='blog-img show-for-small-only'> <img alt='Price Realty Acquires Monticello Apartments' src='/uploads/corporate_blogs/images/original/3145/154-n-bailey-ave-fort-worth-tx-High-Res-12.jpg?1724075363'> </div> <div class='blog-copy-container'> <h3 class='blog-title'> <a href='/investment/news-and-trends/3145-price-realty-acquires-monticello-apartments?mo=06&yr=2024' title='Price Realty Acquires Monticello Apartments'>Price Realty Acquires Monticello Apartments</a> </h3> <p>Price Realty acquired Monticello Apartments, a newly renovated, 1970-vintage, 116-unit, multi-housing community in Fort Worth, Texas.</p> <p>JLL worked on behalf of the borrower, Pric... </div> <div class='blog-link row collapse'> <a class='blog-btn read-more-button' href='/investment/news-and-trends/3145-price-realty-acquires-monticello-apartments?mo=06&yr=2024'>Read More</a> </div> </div> </div> <div class='blog-wrap blog-post-container'> <div class='column blog-details small-12 large-2 small-order-2 large-order-1'> <div class='blog-info text-left'> </div> </div> <div class='column blog-body small-order-1 large-order-2'><div class='blog-img blog-img-bg blog-post-bg-img hide-for-small-only' style='background-image:url(/uploads/corporate_blogs/images/1440x900h/3043/24500-Wildwood-Park-Dr-Richmond-TX-42.jpg?1695137524)'></div><div class='blog-img show-for-small-only'> <img alt='Price Realty Acquires The Wildwood Apartments' src='/uploads/corporate_blogs/images/original/3043/24500-Wildwood-Park-Dr-Richmond-TX-42.jpg?1695137524'> </div> <div class='blog-copy-container'> <h3 class='blog-title'> <a href='/investment/news-and-trends/3043-price-realty-acquires-the-wildwood-apartments?mo=09&yr=2023' title='Price Realty Acquires The Wildwood Apartments'>Price Realty Acquires The Wildwood Apartments</a> </h3> <p>On September 8th, 2023 Price Realty acquired The Wildwood Apartments, a 300-unit, newly developed, institutional, Class A multi-housing community located in the Houston suburb of Richm... </div> <div class='blog-link row collapse'> <a class='blog-btn read-more-button' href='/investment/news-and-trends/3043-price-realty-acquires-the-wildwood-apartments?mo=09&yr=2023'>Read More</a> </div> </div> </div> </div> <div class='column list-view recent-posts-column'> <div class='blog-module'> <div class='blog-recent text-center'> <p class='recent-posts-title'> Recent Posts </p> <h4 class='latest-news-title'> Latest News </h4> <ul> <li class='recent-post-li text-left'> <a href='/blog/3144-price-realty-2q24-webinar?mo=9&yr=2024' title='Price Realty 2Q24 Webinar'> <p><iframe src="<a href="https://player.vimeo.com/video/983361378?title=0&byline=0&portrait">https://player.vimeo.com/video/983361378?title=0&amp;byline=0&amp;portrait</a>...</p> </a> </li> <li class='recent-post-li text-left'> <a href='/blog/3145-price-realty-acquires-monticello-apartments?mo=9&yr=2024' title='Price Realty Acquires Monticello Apartments'> <p>Price Realty acquired Monticello Apartments, a newly renovated, 1970-vintage, 116-unit,...</p> </a> </li> <li class='recent-post-li text-left'> <a href='/blog/3043-price-realty-acquires-the-wildwood-apartments?mo=9&yr=2024' title='Price Realty Acquires The Wildwood Apartments'> <p>On September 8th, 2023 Price Realty acquired The Wildwood Apartments, a 300-unit, newly...</p> </a> </li> </ul> </div> </div> </div> </div> </section> </div> <div class='row get-in-touch-row bg-img' style='background-image:url(/uploads/pages/primary_photos/2880x888h/48921/pattern_2x.jpg?1614376830)'> <div class='column small-12 get-in-touch-column'> <div class='contact-us-tagline-container'> <h1 class='contact-us-tagline text-center'> Get in Touch </h1> </div> <div class='contact-us-copy-container text-left large-text-center'> <p>For more information about PRC, multifamily investment opportunities, acquisitions or dispositions please contact us.</p> </div> <div class='contact-button-container text-center'> <a class='updated-button contact-us-button' href='/contact' title='Contact Us'> Contact Us </a> </div> </div> </div> </div> <footer class='foot-wrap' id='footer'> <div class='footer-top'> <div class='row'> <a class='logo' href='/home' title='Home'> <img alt='Price Realty Corporation' class='cms-company-logo' src='/uploads/companies/logos/484x168h/725/Price_Realty_logo_2x.png?1614370948'> </a> </div> <div class='row nav-wrap'> <div class='column small-12'> <div class='nav-inner clearfix'> <a class='nav-link' href='/about/our-history' title='About Us'> About Us </a> <a class='nav-link' href='/investment/strategy' title='Strategy'> Strategy </a> <a class='nav-link' href='/our-communities' title='Communities'> Communities </a> <a class='active nav-link' href='/investment/news-and-trends' title='News & Trends'> News & Trends </a> <a class='nav-link' href='https://investorportal.pricerealtycorp.com/' target='_blank' title='Investors'> Investors </a> <a class='nav-link' href='/contact' title='Contact Us'> Contact Us </a> </div> </div> </div> <div class='row social-links-row text-center'> <div class='column small-12 social-links-column'> </div> </div> </div> <div class='footer-bottom'> <div class='row credits'> <div class='column small-12 large-6 text-center copyright-container'> <p class='copyright'>©2024 Price Realty Corporation All Rights Reserved</p> </div> <div class='column small-12 large-6 text-center privacy-terms-container'> <ul> <li> <a class='privacy-link' href='/privacy' title='Privacy'> Privacy Policy </a> </li> <li> <a class='terms-link' href='/terms' title='Terms'> Terms </a> </li> <li class='powered'> <a class='leaselabs-link' href='http://leaselabs.com/' target='_blank'> Powered by LeaseLabs® </a> </li> <li class='imagery'> <img class='logo-icon-ehl' src='/themes/price-realty/corp/main/default/images/icon-wheelchair.png'> <img class='logo-icon-ada' src='/themes/price-realty/corp/main/default/images/icon-housing.png'> </li> </ul> </div> </div> </div> </footer> <div class='white-popup mfp-hide' id='member-details-1'> <div class='white-popup-avatar-container text-center'> <img class='team-member-image' src='/uploads/users/photos/220x220h/5286/Michael1.jpg'> <p class='member-info member-name'> Michael Ochstein </p> <p class='member-info member-job-title'> President and Owner </p> </div> <div class='white-popup-text-container'> <p>Mike oversees all investment and management operations for Price Realty Corporation (PRC), which he founded in 1991. Since the acquisition of his first duplex, Mike has grown PRC to over 7,000 multifamily units and from one employee to over 150 employees. Since 1992, he has successfully closed numerous private syndications as well as institutional joint ventures, raising and investing over $160 million in equity.</p> <p>Throughout PRC’s history, the firm has cultivated a loyal base of private investor relationships resulting in repeat investments in all PRC syndications. Mike also invests personally in each acquisition. </p> <p>Mike began his extensive real estate career in 1983 at Marcus & Millichap, an investment brokerage firm. Specializing in the sale of multifamily properties, Mike gained recognition in the firm as one of their top agents locally and nationally.</p> <p>Mike holds a Bachelor of Sciences degree from Indiana University. Professional organizations include: National Multifamily Housing Council, National Apartment Association, Texas Apartment Association, Apartment Association of Greater Dallas, Texas Real Estate Commission, The Real Estate Council.</p> </div> </div> <div class='white-popup mfp-hide' id='member-details-2'> <div class='white-popup-avatar-container text-center'> <img class='team-member-image' src='/uploads/users/photos/220x220h/5295/Renee.jpg'> <p class='member-info member-name'> Renee Blustein </p> <p class='member-info member-job-title'> Vice President of PRC and President of Price Realty Management Corporation </p> </div> <div class='white-popup-text-container'> <p>Renee joined Price Realty Corporation (PRC) in 1995 and is responsible for all aspects of property operations including financial performance, asset management, marketing, acquisition due diligence, property repositioning and value maximization, and human resources.</p> <p>Prior to joining PRC, Renee served as Vice President of Monterrey Management, where she oversaw the operations of over 4,000 units in the Dallas/Fort Worth and Houston markets. She also served as Vice President of Murray Management Corporation, where she supervised the operations of 3,500 units throughout the southwest United States. </p> <p>Renee attended Memphis State University and received her Certified Property Manager designation from the Institute of Real Estate Management in 1987. Professional organizations include: National Multi Housing Council, National Apartment Association, Texas Apartment Association, Apartment Association of Greater Dallas, National Association of Realtors, Texas Real Estate Commission</p> </div> </div> <div class='white-popup mfp-hide' id='member-details-3'> <div class='white-popup-avatar-container text-center'> <img class='team-member-image' src='/uploads/users/photos/220x220h/5296/rtuttle.jpg'> <p class='member-info member-name'> Randy Tuttle </p> <p class='member-info member-job-title'> Chief Financial Officer </p> </div> <div class='white-popup-text-container'> <p>Randy joined Price Realty Corporation (PRC) in 2001 and is responsible for all aspects of financial reporting to lenders and equity partners, as well as federal and state income tax compliance reporting.</p> <p>Prior to joining PRC, Randy was a shareholder with Philip Vogel & Company, a large public accounting firm in Dallas, Texas. Randy spent a large part of his 18-year career in public accounting providing financial reporting, tax compliance and consulting services to a wide range of clients in the real estate industry.</p> <p>Randy is a graduate of Iowa State University and a licensed CPA in Texas. Professional organizations include: American Institute of Certified Public Accountants, Texas Society of Certified Public Accountants.</p> </div> </div> <div class='white-popup mfp-hide' id='member-details-4'> <div class='white-popup-avatar-container text-center'> <img class='team-member-image' src='/uploads/users/photos/220x220h/9659/Nicholas_Ross_Headshot.jpg'> <p class='member-info member-name'> Nick Ross </p> <p class='member-info member-job-title'> Director of Acquisitions </p> </div> <div class='white-popup-text-container'> <p>Nick Ross is Price Realty Corporation’s Director of Acquisitions and is responsible for investment strategy, sourcing and underwriting acquisitions, market analysis, and developing debt and equity relationships.</p> <p>Prior to joining PRC, Nick held roles at firms including JCR Capital, Related Companies, and The Milestone Group where he was responsible for sourcing, underwriting, and structuring real estate investment opportunities and asset management of multifamily portfolios.</p> <p>Nick is a graduate of the University of North Texas. Professional organizations include: National Multifamily Housing Council, Urban Land Institute, and The Real Estate Council.</p> </div> </div> <div class='white-popup mfp-hide' id='member-details-5'> <div class='white-popup-avatar-container text-center'> <img class='team-member-image' src='/uploads/users/photos/220x220h/9946/pic.jfif'> <p class='member-info member-name'> Ty Middlebrooks </p> <p class='member-info member-job-title'> Analyst </p> </div> <div class='white-popup-text-container'> <p>Ty Middlebrooks is part of Price Realty Corporations investments team, where he oversees the sourcing and underwriting of acquisitions, conducts market analyses, and develops investment strategies. His responsibilities also extend to cultivating both debt and equity relationships.</p> <p>Before joining PRC, Ty served as an analyst on the JLL Multifamily team in the Dallas office, actively participating in commercial real estate transactions totaling approximately $1 billion. Additionally, he worked at One William Street Capital Management, a structured credit investment advisor based in New York City.</p> <p>Ty earned his undergraduate degree in Economics from Davidson College in 2015 where he was a four-year letterman on the baseball team. He is actively engaged in professional organizations such as The Real Estate Council and the Texas Real Estate Commission and is a licensed real estate agent. </p> </div> </div> <div class='white-popup mfp-hide' id='member-details-6'> <div class='white-popup-avatar-container text-center'> <img class='team-member-image' src='/uploads/users/photos/220x220h/9968/Jonathan_Head_Shot_1.02.24_.png'> <p class='member-info member-name'> Jonathan Ochstein </p> <p class='member-info member-job-title'> Analyst </p> </div> <div class='white-popup-text-container'> <p>Jonathan Ochstein joined the dominant principal investment team Price Realty Corporation in 2024. His primary focus revolves around identifying and evaluating potential acquisitions throughout the Texas market. In addition, he is actively involved in developing relationships with both investment sales brokers and furthering the outreach to PRC’s current limited partners. </p> <p>Before joining Price Realty Corporation, Jonathan played a key role in investment sales as part of the Marcus & Millichap Fluellen-Hoover Multifamily team based in the Dallas office. Since 2020, he actively participated in almost twenty commercial real estate transactions, amassing a total sales volume exceeding $100 million. </p> <p>Jonathan holds an undergraduate degree in Sport Management from Syracuse University, where he served as the head manager of the Women’s Basketball team and was a passionate member of the Syracuse Real Estate Club. Beyond his academic achievements, he remains actively engaged in professional organizations, including The Jewish Federation of Greater Dallas and the Texas Real Estate Commission, where he holds a license as a real estate agent.</p> </div> </div> <script src="//cdnjs.cloudflare.com/ajax/libs/jquery/3.5.1/jquery.min.js"></script> <script src="/themes/shared/javascripts/jquery-rails.js"></script> <script src="//cdnjs.cloudflare.com/ajax/libs/foundation/6.3.1/js/foundation.min.js"></script> <script src="//cdnjs.cloudflare.com/ajax/libs/slick-carousel/1.8.1/slick.min.js"></script> <script src="//cdnjs.cloudflare.com/ajax/libs/magnific-popup.js/1.1.0/jquery.magnific-popup.min.js"></script> <script src="//cdnjs.cloudflare.com/ajax/libs/jquery.matchHeight/0.7.0/jquery.matchHeight-min.js"></script> <script src="//cdnjs.cloudflare.com/ajax/libs/materialize/1.0.0/js/materialize.min.js"></script> <script src="/themes/price-realty/corp/main/default/javascripts/app.js"></script> <!--[if lte IE 8]><script src="/javascripts/ie8dep.js"></script><![endif]--><script>(function(document, tag) { var script = document.createElement(tag); var element = document.getElementsByTagName('body')[0]; script.src = 'https://acsbap.com/apps/app/assets/js/acsb.js'; script.async = true; script.defer = true; (typeof element === 'undefined' ? document.getElementsByTagName('html')[0] : element).appendChild(script); script.onload = function() { acsbJS.init({statementLink:'',feedbackLink:'',footerHtml:'Accessibility Platform By RealPage',hideMobile:false,hideTrigger:false,language:'en',position:'right',leadColor:'#146FF8',triggerColor:'#146FF8',triggerRadius:'50%',triggerPositionX:'right',triggerPositionY:'bottom',triggerIcon:'default',triggerSize:'medium',triggerOffsetX:20,triggerOffsetY:20,mobile:{triggerSize:'small',triggerPositionX:'right',triggerPositionY:'bottom',triggerOffsetX:0,triggerOffsetY:0,triggerRadius:'0'}}); };}(document, 'script'));</script></body> </html>
