Tampa is an ‘epicenter’ for a big New York developer’s new affordable housing division

PMG’s new division, PMG Affordable, is making a commitment to Tampa and...

PMG’s new division, PMG Affordable, is making a commitment to Tampa and Florida, managing partner Dan Coakley said, with plans to develop thousands of units in the years to come.

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Tampa Bay Business Journal
May 13, 20

PMG’s new division, PMG Affordable, is making a commitment to Tampa and Florida, managing partner Dan Coakley said, with plans to develop thousands of units in the years to come.

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PMG Launches Affordable Housing Division

PMG Affordable, a new division of real estate developer PMG, has closed on it...

PMG Affordable, a new division of real estate developer PMG, has closed on its first land acquisition in New York City.

The firm, in partnership with Brisa Builders, has acquired a site in Far Rockaway, Queens, for a $35 million supportive housing project that will be developed by Brisa Cornaga Associates, a joint venture between PMG Affordable and Brisa.

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Affordable Housing Finance
May 08, 20

PMG Affordable, a new division of real estate developer PMG, has closed on its first land acquisition in New York City.

The firm, in partnership with Brisa Builders, has acquired a site in Far Rockaway, Queens, for a $35 million supportive housing project that will be developed by Brisa Cornaga Associates, a joint venture between PMG Affordable and Brisa.

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PMG launches affordable division with Far Rockaway venture

Luxury housing developer PMG is getting into the affordable property business...

Luxury housing developer PMG is getting into the affordable property business.

PMG Affordable will build its first development in Far Rockaway, Queens, in partnership with the local Brisa Builders.

“We are excited to close on the land acquisition for PMG Affordable’s first deal in New York City and look forward to announcing other transactions very soon in Florida and other markets across the country,” said Dan Coakley, Principal of PMG Affordable.

“We aim to make a positive impact on the community through attainably priced rental housing that improves quality of life for individuals and families.”

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Real Estate Weekly
May 08, 20

Luxury housing developer PMG is getting into the affordable property business.

PMG Affordable will build its first development in Far Rockaway, Queens, in partnership with the local Brisa Builders.

“We are excited to close on the land acquisition for PMG Affordable’s first deal in New York City and look forward to announcing other transactions very soon in Florida and other markets across the country,” said Dan Coakley, Principal of PMG Affordable.

“We aim to make a positive impact on the community through attainably priced rental housing that improves quality of life for individuals and families.”

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What Renters Look For as They Search for a New Home

In this article, PMG managing partner Ryan Shear addresses the question of wh...

In this article, PMG managing partner Ryan Shear addresses the question of what renters look for when buying a new home during the coronavirus pandemic.

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Globe St
May 05, 20

In this article, PMG managing partner Ryan Shear addresses the question of what renters look for when buying a new home during the coronavirus pandemic.

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Behind the deal: How this developer is building downtown’s biggest apartment project

In this article, we dive deeper with managing partner Ryan Shear about develo...

In this article, we dive deeper with managing partner Ryan Shear about developing the biggest apartment building in Downtown Orlando.

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Orlando Business Journal
May 05, 20

In this article, we dive deeper with managing partner Ryan Shear about developing the biggest apartment building in Downtown Orlando.

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Great Places and Spaces

Society Las Olas Property Markets Group is addressing affordability...

Society Las Olas

Property Markets Group is addressing affordability issues with the 639-unit Society Las Olas. The 34-story project will offer apartments starting at $1,100 when it opens this spring. A co-living program provides a private bedroom and bathroom and common spaces to share with roommates. Amenities will include co-working space, an oversized gym and fitness studio with group classes, a communal kitchen to host potluck meals and demonstrations, smart package lockers, dog runs and bike storage facilities. Many units be available fully furnished. An app will enable keyless entry, manage guest lists, package arrival notifications, foster social events and thermostat adjustments. A major attraction is its location on the New River next to The Wharf entertainment center, the Riverwalk and Himmarshee Village. The architect is FSMY Architects & Planner. societyliving.com

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South Florida Business and Wealth
Mar 23, 20

Society Las Olas

Property Markets Group is addressing affordability issues with the 639-unit Society Las Olas. The 34-story project will offer apartments starting at $1,100 when it opens this spring. A co-living program provides a private bedroom and bathroom and common spaces to share with roommates. Amenities will include co-working space, an oversized gym and fitness studio with group classes, a communal kitchen to host potluck meals and demonstrations, smart package lockers, dog runs and bike storage facilities. Many units be available fully furnished. An app will enable keyless entry, manage guest lists, package arrival notifications, foster social events and thermostat adjustments. A major attraction is its location on the New River next to The Wharf entertainment center, the Riverwalk and Himmarshee Village. The architect is FSMY Architects & Planner. societyliving.com

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PMG, Raven Capital Break Ground on Orlando Towers

PMG and Raven Capital Management have begun construction on the initial two t...

PMG and Raven Capital Management have begun construction on the initial two towers of the 19-story Society Orlando, a new community in downtown Orlando, Fla. 

Set to include three towers when complete, the development is the fourth bearing PMG’s Society imprimatur, targeted at those who want to live affordably in downtown districts. It is the largest residential project to date in downtown Orlando. Last October, the partners announced a similar development in downtown Phoenix. 

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Multi-Housing News
Mar 03, 20

PMG and Raven Capital Management have begun construction on the initial two towers of the 19-story Society Orlando, a new community in downtown Orlando, Fla. 

Set to include three towers when complete, the development is the fourth bearing PMG’s Society imprimatur, targeted at those who want to live affordably in downtown districts. It is the largest residential project to date in downtown Orlando. Last October, the partners announced a similar development in downtown Phoenix. 

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Street Art is Becoming More and More Popular

The proliferation of street art is making neighborhoods from Miami to Ne...

The proliferation of street art is making neighborhoods from Miami to New York and across the globe resemble outdoor galleries.

At X Miami Apartments, a 464-unit multi-family social community, fantastical artwork covers the garage, and Crayola-colored art walls punctuate an 18th-floor dog park.

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Dujour
Feb 21, 20

The proliferation of street art is making neighborhoods from Miami to New York and across the globe resemble outdoor galleries.

At X Miami Apartments, a 464-unit multi-family social community, fantastical artwork covers the garage, and Crayola-colored art walls punctuate an 18th-floor dog park.

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