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Mar 31 2012 The Cornerstone, Q1 – 2012
For three days in March, the future of PRG met at the Carolina Inn, in Chapel Hill, NC to define the standards for operation of our 42 property portfolio. Managers, Regional Directors, Regional Maintenance Directors, Asset Managers, and Managers in Training, all under the leadership of Sam Foster, trained for two days on the key […]
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Sep 30 2011 The Cornerstone, Q3 – 2011
As longtime owners of multifamily properties in Florida with communities in Tampa, Orlando, and Jacksonville, PRG always has its eye out for an opportunity and in partnership with Wells Fargo Real Estate Capital, we closed on the 416-unit Villages of Banyan Grove in Boynton Beach, FL on August 13, 2010. At the time, many investors […]
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Jun 30 2011 The Cornerstone, Q2 – 2011
Purchasing properties in good neighborhoods and executing cost effective capital improvement programs have been hallmarks of PRG’s success since its founding some twenty years ago. But if one were to draw a diagram of our accomplishments, we would not place our keen ability to spot good opportunities at the center of the picture. Properties in […]
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Mar 31 2011 The Cornerstone, Q1 – 2011
With a rousing Strain of John Sousa’s ‘Stars and Stripes Forever,’ the Athens Drive High School Band announced the start of the March 11th event – Grand Opening of Lake Johnson Mews’ Clubhouse. With a modernist design focusing on coziness, conversation and computer (free WiFi!), the clubhouse elegantly adds to the rich Southern Comfort of […]
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Sep 30 2010 The Cornerstone, Q3 – 2010
One might ask, given our specialty in property repositioning, how would Huntington at Sundance fall into the mix? When one of our long-term investors, Joe Rome, mentioned Huntington as an asset in which we should take a look, we wondered “why” to ourselves. After all, this is one property that could never be described as […]