Panco Management has been ranked #2 by ApartmentRatings and Satisfacts in their list of Top 100 Management Companies with 25 or More Communities for January 2020. This list is determined by four main variables including 1) Ratings from renters’ reviews and surveys; 2) Manager review response rate; 3) Volume of reviews and 4) Manager review response time.
“This is not only an amazing accomplishment but also a true testament to the diligent work of each of our property managers and their teams,” states Kathy Masterson, Senior VP of Operations at Panco. “It also illustrates our strong commitment as a company to providing quality service to our residents and supporting the success of each of our communities.”
For more information, visit the Satisfacts website.
About Pantzer Properties, Inc.
Founded in 1971, Pantzer Properties is a fully integrated owner / operator of multifamily assets in high-rise, midrise and garden style format along the North East and Mid-Atlantic corridor of the United States. Headquartered in New York City with offices in New Jersey, Philadelphia and Northern Virginia, Pantzer Properties’ portfolio extends from the Greater Boston to Washington D.C. metro area. Further information is available at https://www.pantzerproperties.com.
Pantzer Properties, Inc. (“Pantzer”), a vertically integrated multifamily owner/operator, announced the final closing of its fifth real estate fund, Panco Strategic Real Estate Fund V (“Fund V”) on September 30, 2022. Fund V was oversubscribed with $781 million in capital commitments, exceeding the fundraising target of $750 million.
Fund V received substantial commitments from endowments, pension funds, healthcare systems, foundations, non-profits, Registered Investment Advisors, family offices and high net worth individuals. Fund V is approximately 75% larger than Pantzer’s prior fund.
Fund V is a continuation of Pantzer’s highly successful, fully discretionary private equity fund series known as the Panco Strategic Real Estate Funds, focusing on tangible multifamily assets in high-barrier to entry markets along the East Coast of the United States.
Further information is available at www.pantzerproperties.com.
New York-based firm bought Solera at City Centre, the company’s second multifamily acquisition in Palm Beach County in less than a year.
Click here for the full article as published in TheRealDeal.
Pantzer Properties closed its second multifamily deal in Palm Beach County in 11 months, buying a 136-unit apartment complex for $66.5 million.
An affiliate of the New York-based multifamily real estate investment firm acquired Solera at City Centre Apartments at 2100 PGA Boulevard 100 in Palm Beach Gardens, according to records. Pantzer, led by co-CEOs Jordan and Jason Pantzer, paid $488,971 per unit. The buyer obtained a $43.3 million mortgage from U.S. Bank.
Pantzer Properties has acquired The Point at Palisades, a luxury apartment community in the Washington, D.C. suburb of Manassas Park, Va. The four-story apartment community on 10.6 acres offers one- and two-bedroom apartments. Situated at 8100 Palisades Circle in Old Town Manassas, the property is steps from the Virginia Railroad Express, which provides simple and quick access to Washington, D.C. It is also within a half-hour commute of many of the most concentrated job hubs in the region. For instance, residents are near major employers such as Lockheed Martin, Micron, Inova Health System, Amazon and the Federal Bureau of Investigation.
FAST GROWING
These employers are located in Innovation Technology Park in Prince William County, Va., situated 6.7 miles from The Point at Palisades. Manassas Park and Prince William County are among the area’s fastest growing life sciences and biotechnology submarkets. Three military bases are also located within an approximately 45-minute drive.
Pantzer Properties is a fully integrated owner/operator of multifamily assets along the North East and Mid-Atlantic Corridor of the United States. We invest through our fully discretionary private equity fund series known as the Panco Strategic Real Estate Funds.