Concord Companies focuses on identifying and acquiring investments in the commercial real estate sector, providing services such as investment management, property management, private lending, construction, leasing, and advisory.

Concord Companies

Concord Companies | 1,642 followers on LinkedIn. Establishing partnerships today to ensure prosperity tomorrow. | Concord Companies is a full-service real estate investment and management firm with a portfolio spanning five asset classes and seven states. We&#39;ve created the nation&#39;s most robust boutique real estate practice by bringing best-in-class service capabilities, including property management, construction, and leasing, under the same roof as a market-leading real estate private equity platform.

Concord Capital Partners is a real estate investment firm with a 21-year track record of outperformance.

Yoav Sarraf

President, Concord Property Managment

Sarah Anderson

Founder & CEO @ Concord Companies | Commercial Real Estate

Reuben Robin

Chief Operating Officer at Concord Companies

Joe Goldstein

The US Department of Commerce recently committed $6.6 billion of Chips Act funding to the construction of the Taiwan Semiconductor (TSMC) campus in Phoenix, Arizona, bringing the project’s total capitalization to more than $65 billion. Concord team members Reuben Robin , Joe Goldstein , and Ryan Marder toured the site earlier this month and were impressed with the scale of the project. The TSMC facility, one of the largest private industrial ventures in US history, will bring tens of thousands of white-collar jobs to the area and is already jumpstarting a centralization of the US semiconductor industry, including parts suppliers and chip users, in Phoenix. The project is one of many reasons we are bullish on the economic trajectory of the Phoenix MSA.

Below are some pics from our Campustown Portfolio street art campaign. By employing local artists to beautify the portfolio, we’ve increased the properties’ curb appeal and created viral exposure that has driven increased leasing traffic.

Concord Capital Partners has gone under contract to acquire Alto Highland Park, a 112-unit Class A multifamily community in the exclusive Highland Park submarket of Dallas, Texas. Highland Park is an independent city known for its award-winning school district, world class retail, and stately homes. With a median home value of $3.1M and no other large-scale multifamily community within its borders, the submarket is the epitome of a high barrier to entry location.

Concord Capital Partners is proud to announce the launch of a programmatic joint venture with FrontRange Capital focused on the acquisition of value-add multifamily communities in high-growth Sunbelt markets. A new special-purpose vehicle controlled by the partnership will deploy $150M of equity, representing an estimated $500M of total purchasing power, over the next 24 months. FrontRange itself has committed $15M to the venture, a significant vote of confidence in the strength of the sponsorship and the merit of the strategy. Concord + FrontRange will acquire and reposition Class B and C multifamily communities constructed between the 1970s and 2000s, with target markets including Dallas-Fort Worth, Phoenix, Las Vegas, and Denver. FrontRange Capital Partners, LLC

Operations at Vista Azul, acquired by Concord Capital Partners in January of this year, are rapidly proceeding toward stabilization. Concord acquired the 246-unit complex with 30% vacancy and a significant credit loss problem. Since acquisition, we have cleared out nearly all non-paying tenants and executed 57 new leases, with leasing velocity and rental rates tracking in-line with proforma values. Property demographics are on an upward trajectory, with a median household income on new move-ins over the past two months of $78k. While underwriting the acquisition, we formed a thesis that the vacancy and credit loss issues at the complex were due to management failures not related to any trends in the broader submarket. Recent performance supports this thesis. The property represents an excellent case study in the value of aggressive, hands-on asset management in the workforce housing asset class.

We're excited to announce that Sarah Anderson has been elevated to the role of President at Concord Property Management ("CPM"). Having been with us for a long time, Sarah has consistently proven to be an exceptional member of our team. Her dedication and skill are evident, and we have no doubt she will lead CPM to new heights of efficiency and innovation. Congratulations on your well-deserved promotion, Sarah!

Here is a look back at Concord Companies ' 2023 highlights and updates from our CEO, Reuben Robin . We are grateful for the continued support from our valued investors, clients, partners, and friends. Wishing you all the best in 2024.

Concord Capital Partners has exciting news from our Bankier Portfolio at The University of Illinois: We have achieved a significant milestone by acquiring a key plot on the north side of the Fourth block of Green Street. This acquisition represents the final piece in our city block assemblage strategy at the university. This acquisition significantly enhances the value of the land assemblage, which can now support large-scale highrise development. #concordcompanies #concordcapitalpartners #campustown #bankier #studenthousing #realestate

SALE Learn More: https://lnkd.in/ei9TvZ9p IMAGE: Jonathan Fhima Alexander Apfel DATE: 01/03/2024 MARKET: Dallas ASSET TYPE: Multifamily ~ UNITS: 246 ~ SF: 145,463 BUYER: Jonathan Fhima & Alexander Apfel - Concord Companies & Willowood Group NOTE FROM BUYER'S: Concord Capital Partners ("CCP"), a subsidiarity of Concord Companies, in collaboration with their partners at Willowood Group successfully closed on a 246-unit multifamily community located in Dallas, Texas. Skillfully sourced off-market through direct relationships, this opportunity promises outsized returns for their investors. This acquisition marks the beginning of CCP's strategic re-entry into the Dallas market. #Texas #RealEstate #TradedTexas #TradedPartner #Dallas #Multifamily #JonathanFhima #AlexanderApfel #ConcordCapitalPartners

Traded: Texas

Concord Capital Partners ("CCP"), in collaboration with our partners at Willowood Group , has successfully closed on a 246-unit multifamily community located in Dallas, Texas. The deal was sourced off-market through direct relationships and will yield over a 30% IRR over 3 years. This acquisition marks the beginning of CCPs strategic re-entry into DFW! #texas #realestate #dallas #multifamily #concord

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