Metonic Announces Appointment of Jasin Alfaro as CEO
Metonic Real Estate Solutions
by metonicuser
2w ago
Metonic is delighted to announce the appointment of Jasin Alfaro as its new CEO. Jasin brings a wealth of real estate experience with over 26 years in managing investments and development strategies totaling over $4 billion across various product types. Jasin has established a strong track record in the industry, positioning him to drive the company into its next phase of growth. His expertise spans multiple real estate asset classes, and he has successfully built organizations and forged partnerships with sponsors, institutions, and large family offices. Throughout his career, Jasin has excel ..read more
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Metonic’s Vestara 72 Wins CoStar’s Development of the Year
Metonic Real Estate Solutions
by metonicuser
1M ago
Metonic Real Estate Solutions proudly announces that Vestara 72 has been named CoStar’s 2023 Development of the Year. The CoStar Impact Awards recognize outstanding commercial real estate projects and transactions annually. CoStar appoints judges with extensive real estate expertise in their respective markets to vote on the awards. Vestara 72 is a 154-home community in Papillion, Nebraska. This Apartminium development offers a variety of one, two, and three-bedroom homes conveniently situated across from Shadow Lake Towne Center. Residents of Vestara 72 enjoy a range of amenities, including a ..read more
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Metonic Acquires Legacy 23 in Columbus, NE via 1031 Exchange
Metonic Real Estate Solutions
by metonicuser
1M ago
Metonic is proud to announce the acquisition of Legacy 23 in Columbus, Nebraska. Built in 2020, the 78-home apartment community features a mix of studio, one, and two-bedroom homes with attractive amenities. The property was acquired via a 1031 Exchange. The property is well positioned in the heart of Columbus, NE, approximately 1.5 hours west of Omaha. There are currently no units under construction in the submarket, which includes 598 units and boasts a 98.62% occupancy rate as of November 2023 and a 10-year average of 97.23%. To learn more about Metonic and our 1031 Exchange strategy, visi ..read more
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Protected: Omaha Named #1 on List of Top 10 Emerging Multifamily Markets in 2024
Metonic Real Estate Solutions
by metonicuser
1M ago
Password Protected To view this protected post, enter the password below: Password: Submit The post Protected: Omaha Named #1 on List of Top 10 Emerging Multifamily Markets in 2024 appeared first on Metonic Real Estate Solutions ..read more
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Protected: The Resilience of Multifamily Investing
Metonic Real Estate Solutions
by metonicuser
3M ago
Password Protected To view this protected post, enter the password below: Password: Submit The post Protected: The Resilience of Multifamily Investing appeared first on Metonic Real Estate Solutions ..read more
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Protected: Metonic Announces the Sale of Deer Park Apartments
Metonic Real Estate Solutions
by metonicuser
3M ago
Password Protected To view this protected post, enter the password below: Password: Submit The post Protected: Metonic Announces the Sale of Deer Park Apartments appeared first on Metonic Real Estate Solutions ..read more
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Metonic Development Pipeline Q1 2024
Metonic Real Estate Solutions
by metonicuser
3M ago
Metonic has been hard at work developing several product types over the past year, including three-story walkups and our trademarked Apartminium. In 2023, we completed two Omaha-area multifamily developments: Vestara 72 in Papillion, and Ravello 192 2.0 in Elkhorn. Additionally, we broke ground on three new developments: Millennium Apartments, Square Apartments, and Gretna Landing. Below is a breakdown of all Metonic 2023 developments: Ravello 192 2.0 – Elkhorn, NE # of Homes 68 Status Complete Metonic proudly unveiled Ravello 192, our flagship Apartminium product, in 2019. Its succe ..read more
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Trey Smith Promoted to VP of Asset Management
Metonic Real Estate Solutions
by metonicuser
3M ago
Metonic is pleased to announce the promotion of Trey Smith to VP of Asset Management. As VP of Asset Management, Trey is responsible for oversight of Metonic’s asset management team, which is charged with driving the overall performance of the Metonic portfolio. The asset management team places a focus on data-driven analysis & reporting, financing strategies, and value-add improvement plans. Trey was raised in Omaha, graduating from University of Nebraska-Omaha with a BSBA. Prior to Metonic, Trey worked as a commercial lender at a regional bank. Trey Simpson, Chief Financial Officer, said ..read more
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Top 10 Things to Happen at Metonic in 2023
Metonic Real Estate Solutions
by metonicuser
4M ago
It’s been another exciting year at Metonic Real Estate Solutions! From developments and acquisitions to innovations and events, here are the top ten things to happen at Metonic this year: Three new developments Our development team has been hard at work this year, with construction commencing at three new properties: Millennium, Square, and Gretna Landing. Millennium Apartments will be Metonic’s first California community, residing in Palm Desert. The community will feature a mix of studio, one, two, and three-bedroom homes. Twenty percent of the 330-apartment home community will be afford ..read more
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Kayla Beller Promoted to VP of Project Management
Metonic Real Estate Solutions
by metonicuser
4M ago
Metonic is proud to announce that Kayla Beller has been promoted to Vice President of Project Management. As VP of Project Management, Kayla oversees property capital projects, rehabs, and ground-up developments. Since joining Metonic, she has managed over $20 million in capital expenditures, handling $15 million in insurance claims, and spearheading multifamily developments totaling $152 million. With a Bachelor’s Degree in Accounting from Iowa State University and an MBA from the University of Nebraska at Omaha, she combines financial expertise with practical skills, holding a Broker’s Lice ..read more
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