Entries by imsdev

Su Casa Properties Is Now OpenPath Investments

We are proud to announce the culmination of our rebranding efforts with a new name: OpenPath Investments. Leveraging the strength of our Urban Village program and our impact–driven investment strategy, we are working to create a more sustainable real estate landscape and a community–based future. We believe that the OpenPath name better reflects both our […]

Lookout Pointe, Provo, Utah

OpenPath Investments creates shared common areas, sponsored events, and resident–programs that improve the quality of life and well–being of residents. Leveraging the Urban Village program, Lookout Pointe is quickly becoming a vibrant community as seen by the latest statistics:

Su Casa Properties Acquires $7M Apartment Complex in Phoenix, AZ

Phoenix, AZ—Su Casa Properties, LLC (SCP) announced the acquisition of Barrington Regent Apartments, a 124–unit complex located at 825 West Osborn Road, Phoenix, AZ, for $7,050,000. In this “short–sale” transaction, SCP negotiated with New York Life to achieve a price of $56,854/unit exclusive of rehab/closing costs; this represents a 7.49% cap rate inclusive of all costs […]

Su Casa Investments and Apartment Capital Management Announce Acquisition of Apartment Units in Salt Lake City

San Francisco, CA—Su Casa Investments, of Ross, California and Apartment Capital Management (ACM), of San Francisco, California, announced on November 12, 2009, the acquisition of Liberty Heights Apartments, a 104–unit apartment complex in Sandy, Utah. Built in 1993, Liberty Heights is a good mix of one–, two– and three–bedroom apartment units. Units feature garages and […]

Su Casa Investments Acquires Mulberry Park Apartments in Salt Lake City, Utah

Salt Lake City, UT—Su Casa Investments, LLC (SCI) announced the acquisition of Mulberry Park Apartments, an 80–unit apartment complex in Taylorsville, Utah, in partnership with Apartment Capital Management, LLC (AMC). The partnership assumed an existing Freddie Mac loan with interest–only payments for the remaining nine years. “We acquired solid existing cash flow and have reserved […]

Su Casa Investments Acquires Lookout Pointe Apartments in Provo, UT

Provo, UT—Su Casa Investments, LLC (SCI) announced the acquisition of Lookout Pointe Apartments, a 115–unit complex located at 1200 N. Terrace Drive in Provo, Utah, in an “off–market” deal. Lookout Pointe Apartments is SCI’s fifth investment in the Utah market; Apartment Capital Management (ACM), who manages all of SCI’s assets, manages 9,500 units in Greater […]

Su Casa Recycles

We are serious about reducing our footprint on the environment. By choosing to recycle the carpeting in our apartments, we are diverting over six tons of carpet from landfills per year, on average. Additionally, as a triple bottom line company, environmental responsibility is a crucial part of our holistic–investment approach. Today, every Urban Village incorporates […]

Su Casa Properties and NBS Real Estate Capital Acquire $4.8M Apartment Complex

Murray, UT—Su Casa Investments, LLC, a subsidiary of Su Casa Properties, announced the acquisition of the LeMans Apartments, an 83–unit project located at 945 East 4500 South in Salt Lake City, Utah, for $4,875,000. The investment was a joint venture between NBS Real Estate Capital and Peter Slaugh, General Partner and Managing Member of Su Casa Properties. Su […]