Panco Strategic Real Estate Fund IV closes at $450 Million NEW YORK, Feb. 12, 2020 /PRNewswire/ — Pantzer Properties, Inc (“Pantzer”) hereby announces the final closing of its fourth real estate fund, the Panco Strategic Real Estate Fund IV (“Fund IV”), occurred on January 1, 2020 with $450 million of capital commitments. Fund IV received
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
The trust paid $379.1 million to acquire five communities totaling 1,685 units in Northern Virginia, as part of a larger portfolio acquisition that will be funded through the sale of office and retail assets. NYSE-listed Washington Real Estate Investment Trust (WashREIT) has now closed on its $379.1 million acquisition of a portfolio of five multifamily assets
CBRE proudly recognizes Pantzer Properties as a Top 10 Multi-Family Buyer for the Mid-Atlantic Region for 2017 / 2018.
On December 19, 2018, Panco Strategic Real Estate Fund IV acquired The Point at Glen Mills (formerly known as Redstone at Concordville Town Centre). The Class A midrise property is located in Glen Mills, PA and consists of 230 units across 13.6 acres. The Property was built in 2016.
Philadelphia, PA (December 4, 2018) – Panco Management, operator of multifamily assets, was recently awarded the prestigious Property Manager and Assistant PropertyManager awards at the New Jersey Apartment Association’s (NJAA) 25th Annual Garden State Awards. Judged by a panel of multifamily (apartment) industry experts from New Jersey and beyond, the celebrated achievement distinguishes Panco as
On November 30, 2018, Panco Strategic Real Estate Fund IV acquired The Point at Stoughton (Coppermill Park Apartments). The Class A garden-style community is located in Stoughton, MA and consists of 154 units across 8.6 acres. The Property was built in 2010.
On October 31, 2018, Panco Strategic Real Estate Fund IV acquired The Point at Andover (formerly known as Avalon Andover). The Class A garden-style community is located in Andover, MA and consists of 115 units across 9.1 acres. The Property was built in 2012.
On October 18, 2018, Panco Strategic Real Estate Fund IV acquired The Point at Herndon (formerly known as Halstead Dulles). The property consists of 244 Class A mid-rise apartment units. The Class A mid-rise community is located in Herndon, VA and consists of 244 units across 8.3 acres. The Property was built in 2004.
On July 31, 2018, Panco Strategic Real Estate Fund III acquired Portfolio Edge, which consists of three institutional quality, Class A- garden-style apartment communities totaling 958 units. These communities are called The Point at Marlborough (274 units formerly known as The Heights at Wheeler Hill), in Marlborough, MA, The Point at Pennbrook Station (346 units