Founders Properties, L.L.C. is eager to announce that Ben Yarbrough recently joined the team as an asset manager. In his new role, Yarbrough will be responsible for managing a diverse commercial real estate portfolio and providing asset management services for private real estate partnerships that include industrial and office properties.“We're thrilled to have Ben join our Founders' team," sai...
Founders Properties, L.L.C. announced the completion of the company's Income Fund III, which strategically acquired approximately $200 million of industrial and office assets around the country. Founded nearly eight years ago, Fund III was the first fund created and completed by the new management team, posting strong returns in the mid-teens for investors throughout its duration.“With Fund III...
Further showcasing her expertise, Gregory was recently awarded the Prologis Inclusion CRE ScholarshipFounders Properties, L.L.C is eager to announce that Kelsey Gregory has recently joined the team as a senior asset manager. In this new role, Gregory will be responsible for managing a national commercial real estate portfolio and providing asset management services for private real estate par...
Founders Properties, L.L.C. announced the purchase of two properties as part of the company's Income Fund V, which focuses on stable, core and core+ industrial and office properties throughout the United States. Both acquired properties are located in Illinois and total $24.25 million and approximately 220,735 square feet. “These properties fit perfectly within our existing portfolio of investm...
Founders Properties, L.L.C. announced the purchase of an industrial facility located in St. Louis, MO. The acquisition marks Founders Properties' first venture into Missouri, further boosting the geographic diversification of its joint venture fund. “This recent acquisition amplifies our existing portfolio of investments located within key markets," said Chris Courneya, vice president of invest...
Journal-News
A building constructed in Middletown without tenants yet planned did not stay vacant for long. CBRE Cincinnati Industrial said last week it leased a 250,000-square-foot portion of the 613,000-square-foot 75 Logistics Center, just north of intersection of Yankee and Todhunter roads. Michelle Goret, Cintas Corp. vice president of corporate affairs, told the Journal-News that its fast-growing firs...
Minneapolis/St Paul Business Journal
As senior vice president of investments and portfolio management at Founders Properties, 39-year-old Kim Hofstede has become known as a major deal producer. In just four years at the company, she's completed over $1 billion of real estate disposition and financing transactions. Last year was particularly notable with $350 million in transactions, including the sale of Xcel Energy Inc.'s downtow...
Founders Properties, L.L.C announced today that asset manager Nick Trevena has earned his Certified Commercial Investment Member (CCIM) designation. This accomplishment recognizes Trevena's expanded knowledge, experience and commitment to providing strategic asset management services for private real estate partners in the industrial, office and retail-mixed-use sectors. It also positions him ...
