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This luxury developer wants to build affordable housing in Tampa Bay

A conversation with Property Markets Group’s Dan Coakley, who heads the...

A conversation with Property Markets Group’s Dan Coakley, who heads the company’s new affordable housing division, about why they’re focusing on Tampa Bay as a place to provide more low-cost apartments.

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Tampa Bay Times
Jul 02, 20

A conversation with Property Markets Group’s Dan Coakley, who heads the company’s new affordable housing division, about why they’re focusing on Tampa Bay as a place to provide more low-cost apartments.

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Adapting Amenities: The Must-Have Amenities for Gen Z Renters

Gen Z renters want digital rent processing options, app-based amenity reserva...

Gen Z renters want digital rent processing options, app-based amenity reservations, and tech-enabled communications with their property manager, maintenance team, and more. A virtual touring and leasing process is also critical, according to Ryan Shear, managing partner of development firm PMG.

“As the first true digital natives with no memory of life before smartphones, Gen Z’s concept of service is oriented to frictionless mobile transactions and controls,” Shear says. “They don’t want to have unnecessary conversations or wrangle paperwork, so the leasing process needs to be designed as if completely virtual, from text-based conversations to video tours to application processing and lease execution.”

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Multifamily Executive Magazine
Jun 24, 20

Gen Z renters want digital rent processing options, app-based amenity reservations, and tech-enabled communications with their property manager, maintenance team, and more. A virtual touring and leasing process is also critical, according to Ryan Shear, managing partner of development firm PMG.

“As the first true digital natives with no memory of life before smartphones, Gen Z’s concept of service is oriented to frictionless mobile transactions and controls,” Shear says. “They don’t want to have unnecessary conversations or wrangle paperwork, so the leasing process needs to be designed as if completely virtual, from text-based conversations to video tours to application processing and lease execution.”

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Society Las Olas apartments open in Fort Lauderdale (Photos)

The first phase of the Society Las Olas apartments in Fort Lauderdale opened ...

The first phase of the Society Las Olas apartments in Fort Lauderdale opened along the riverfront.

This is one of the few new apartment buildings in downtown Fort Lauderdale to offer co-living, rent-by-the-bedroom units that are more affordable for some renters. It also has expansive communal and retail space.

Developed by Property Markets Group, the first phase of Society Las Olas has 639 units at 301 S.W. First Ave.

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South Florida Business Journal
Jun 16, 20

The first phase of the Society Las Olas apartments in Fort Lauderdale opened along the riverfront.

This is one of the few new apartment buildings in downtown Fort Lauderdale to offer co-living, rent-by-the-bedroom units that are more affordable for some renters. It also has expansive communal and retail space.

Developed by Property Markets Group, the first phase of Society Las Olas has 639 units at 301 S.W. First Ave.

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Largest Co-Living Project In The U.S. Debuts In Fort Lauderdale

Last week, move-ins began at Society Las Olas, a 34-story, 639-unit developme...

Last week, move-ins began at Society Las Olas, a 34-story, 639-unit development on the Fort Lauderdale Riverfront that has taken the title of the largest co-living development in the country.

The first building is just Phase 1; when its Phase 2, another similarly sized building, gets constructed, it will feature more than 1,200 units. Property Markets Group Brand and Marketing Director Brian Koles said 20% of its units are rent-by-the-bedroom.

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Bisnow
Jun 03, 20

Last week, move-ins began at Society Las Olas, a 34-story, 639-unit development on the Fort Lauderdale Riverfront that has taken the title of the largest co-living development in the country.

The first building is just Phase 1; when its Phase 2, another similarly sized building, gets constructed, it will feature more than 1,200 units. Property Markets Group Brand and Marketing Director Brian Koles said 20% of its units are rent-by-the-bedroom.

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PMG launches affordable housing division with Brisa Builders

PMG Affordable, a new division of real estate developer PMG, is excited to an...

PMG Affordable, a new division of real estate developer PMG, is excited to announce they have closed, in partnership with Brisa Builders “Brisa,” on the joint venture’s first land acquisition in New York City. The acquired site, located in Far Rockaway, Queens at 19-15 & 19-19 Cornaga Ave., is planned for a $35 million Supportive Housing project to be co-developed by Brisa Cornaga Associates LLC, a joint venture between PMG Affordable and Brisa.

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NYREJ
May 19, 20

PMG Affordable, a new division of real estate developer PMG, is excited to announce they have closed, in partnership with Brisa Builders “Brisa,” on the joint venture’s first land acquisition in New York City. The acquired site, located in Far Rockaway, Queens at 19-15 & 19-19 Cornaga Ave., is planned for a $35 million Supportive Housing project to be co-developed by Brisa Cornaga Associates LLC, a joint venture between PMG Affordable and Brisa.

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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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