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Westmount Realty Capital, LLC
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Westmount Realty Capital, LLC's posts

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Last month our president, Cliff Booth, wrote an article for D Magazine about the growing demand for cold storage in Texas (http://ow.ly/iXsg30bSyJu). Pictured is of one of our industrial properties, currently undergoing the transformation to a cold storage facility. When completed, the roof will have been raised by over 15 feet to accommodate the needs of this specific property.
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How are class A and class B multifamily properties staying competitive in 2017? Check out this short article on the various factors affecting the industry.

http://ow.ly/E4xC30bWZbL

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We recently visited 10 of Westmount's current and past properties throughout North Texas. While touring the properties, the team learned about Westmount's history as a pioneer of development in Dallas, especially in the downtown area. We took a quick break during the tour to snap the photo below, while we were at one of our current industrial properties.

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We're pleased to announce that Kevin Michels has joined our team as Director – Investment Analysis. In this role, Kevin will provide analysis of Westmount’s multifamily portfolio and assist with our strategic evaluation of future opportunities, both commercial and multifamily. Learn more about Kevin by clicking the link below.

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One of our interns, Chris Siemasko, recently competed in the 2017 USC International Real Estate Case Competition. His team from SMU placed second in the competition, which challenged students to develop innovative finance and design solutions for the redevelopment of a 50-acre site in the San Fernando Valley. The competing teams were only given 72 hours to research, strategize and develop sophisticated written, visual and oral presentations. We are very proud of Chris and his team for their achievement in this highly-regarded competition. 
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We recently hired Jim Fant to fill the role of Executive Managing Director – Acquisitions. Jim will oversee the acquisition process at Westmount and manage our #acquisition team. Learn more about Jim's new role in the story from +Commercial Property Executive below. 

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Our own, Cliff Booth recently wrote a post for +D Magazine'a real estate blog about converting dry warehouse space into cold storage. Click the link below to learn more about this niche investment market.

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We recently sold the 270-unit Westmount at Vista Ridge, a Class A apartment property in Lewisville, Texas. Learn more about this transaction by clicking the link below. 

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Our own, Michael Anderson was a panelist at +Bisnow's San Antonio Multifamily Expansion last week. "You know what you’re going to get in San Antonio. We have good employment, good rent growth, good occupancy. This market won’t experience the highs and lows of other markets," said Anderson.

Find out what else Michael had to say at the conference by clicking the link below. 

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Michael Anderson, Senior Director – Acquisitions for Westmount, will be speaking at +Bisnow's annual #multifamily expansion forum in San Antonio. He'll be discussing the current investment cycle as part of The Multifamily Investment Cycle Roundup panel. Click the link below to learn more.

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