Metonic Acquires the Oaks at Lakeview in Ralston, NE
Metonic Real Estate Solutions
by metonicuser
3d ago
Metonic is proud to announce the acquisition of the Oaks at Lakeview in Ralston, Nebraska. This 276-home community features a mix of one and two-bedroom apartments with desirable amenities including a pool, 24-hour fitness center, underground parking, and more. Ralston, an Omaha submarket, is a promising market for investors, as there are currently no units under construction, with an average 96% occupancy rate. Upon acquisition, Metonic assumed the existing HUD loan on the property, allowing for a low-interest rate for the remaining 36-year term. The low leverage and monthly principal paydown ..read more
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Meet Metonic: Jasin Alfaro, CEO
Metonic Real Estate Solutions
by metonicuser
3d ago
Get to know Jasin Alfaro, CEO of Metonic. Jasin joined the team in April 2024, bringing a wealth of real estate experience with over 26 years in managing investments and development strategies totaling over $4 billion across various product types. Q: Briefly describe your roles/experience prior to Metonic.A: I have spent my entire career in private equity real estate as an investor and on the sponsor side. Most of my journey has seen exponential platform growth during my various tenures. Previously, I led the creation of a real estate platform for a Chicago-based family office. Prior to that ..read more
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Metonic Announces Logo Refresh and New Website
Metonic Real Estate Solutions
by metonicuser
3d ago
Metonic Real Estate Solutions is excited to announce its comprehensive logo refresh initiative, accompanied by the launch of a new website. The logo, maintaining the fundamental essence of the Metonic Lunar Cycle, honors the roots of our original logo crafted at the inception of Metonic. The Metonic Cycle is a lunar cycle that occurs over a 19-year span. It’s predictable and observable. We chose this name because of the similar patterns we have experienced in the real estate industry. Among the key highlights of Metonic’s updated brand are: Modernized Visual Identity: Metonic’s logo, color ..read more
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Metonic Announces Appointment of Jasin Alfaro as CEO
Metonic Real Estate Solutions
by metonicuser
3w 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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