February 7, 2012 (Atlanta, GA). Marquis Investments announced today that it has acquired Falcon Ridge Apartments (now known as Marquis Ridge). Marquis Ridge, which was sold by First Southern National Bank, was purchased with cash and bank debt from The Private Bank and is conveniently located in Decatur, GA. The 216 unit complex is made up entirely of 2 and 3 bedroom townhome apartments. Marquis Ridge is a pet-friendly community with a swimming pool and playground, and is conveniently located on the MARTA line with quick access to I-20 and I-285.

 

The property will be managed by Star Residential. With the addition of Marquis Ridge, Marquis Investments now controls over 2,200 units in the Atlanta metropolitan area. Marquis Investments, LLC began operations in 2010 to efficiently execute the highly structured business plans of the demanding and discriminating opportunistic real estate investment community. Marquis Investments brings over 50 years of top level experience in the multifamily arena.

 

Moshe Manoah, a Managing Member of Marquis Investments, commented, “Marquis Ridge fits perfectly with our business strategy. We will continue to look for unstablilized properties that performed well in the past but, due to the market downturn, have recently underperformed. Marquis Ridge has historically been well-occupied, and with a combination of a modest renovation and our strong property management, we expect to return this property to significant cash flow. Our ‘3R’ Strategy — Recapitalize, Renovate and Reposition has already proven to be very successful across Marquis Investments’ other properties.

 

Manoah added, “Our unmatched combination of acquisition, renovation and management expertise, all delivered by our company affiliates without third party managers, will allow us to maintain strict control over all aspects of the investment lifecycle.”

 

Marquis Investments is actively seeking value-add multifamily acquisition opportunities in the Southeast. Please contact Blair Schlossberg at (770) 391-1233 for more information.

 

Investors that would like more information about Marquis’ recent acquisitions, please contact Loren Wimpfheimer at (770) 391-1233.

August 15, 2011 (Atlanta,GA). Marquis Investments announced today that it has acquired Casa Mia Apartments (now known as Marquis Place). Marquis Place, which was sold by Freddie Mac, was purchased with cash and bank debt from Branch Bank & Trust (BB&T) and is conveniently located in Marietta, GA within one mile of I-­-75. The 40 unit complex includes spacious 1, and 3 bedroom garden style and townhome apartments. Marquis Place amenities include a swimming pool, lighted tennis courts, a playground and convenient access to major malls, I-­-75 and I-­-285.

 

The property will be managed by Star Residential. With the addition of Marquis Place, Marquis Investments now owns almost 2,000 units in the Atlanta metropolitan area and plans to own up to 4,000 by the end of 2011. Marquis Investments, LLC began operations in 2010 to efficiently execute the highly structured business plans of the demanding and discriminating opportunistic real estate investment community. Marquis Investments brings over 50 years of top level experience in the multifamily arena.

Marquis Investments is aggressively creating a larger footprint within the Atlanta metropolitan area. One week prior to the acquisition of Marquis Place,the company purchased Lake Tree Apartments (now known as Marquis Pointe). Currently, Marquis Investments has over 50 units under contract which are expected to close within the next 45 days.

 

Moshe Manoah, a Managing Member of Marquis Investments, commented, “With the recent acquisition of Marquis Pointe, Marquis Place aligned perfectly with our business strategy. We will continue to look for unstablilized properties that performed well in the past but, due to the market downturn, have recently underperformed. Once stabilized, we expect to see significant operating leverage and appreciation as we apply our ‘3R’ strategy-­–­-Recapitalize, Renovate and Reposition.Our 3R strategy has already proven to be very successful since Marquis Investments’ commencement of operations. We will immediately begin to make capital improvements to this property. I expect that we can quickly stabilize the property and generate significantly increased cash flow.”

 

Manoah added, “Our unmatched combination of acquisition, renovation and management expertise, all delivered by our company affiliates without thirdparty managers,will allow us to maintain strict control over all aspects of the investment lifecycle.”

Marquis plans to have the property fully stabilized by the second quarter of 2012.

 

Marquis Investments is actively seeking value-­-add multifamily acquisition opportunities in the Southeast. Please contact Blair Schlossberg at (770) 391-­1233 for more information.

 

August 9, 2011 (Atlanta, GA). Marquis Investments announced today that it has acquired Lake Tree Apartments (now known as Marquis Pointe). Marquis Pointe, which was sold by SMR Property Investments, LLC, was purchased with an acquisition loan from Branch Bank & Trust Company (BB&T). The 276 unit complex is conveniently located in Stone Mountain, GA and includes spacious 1, 2 and 3 bedroom garden style apartments and 2, 3 and 4 bedroom townhome apartments. Marquis Pointe amenities include a pool area with a sundeck, playgrounds, a two lakes and a convenient access to nearby Stone Mountain Park.

The property will be managed by Star Residential. With the addition of Marquis Pointe, Marquis Investments now controls over 1,300 units in the Atlanta metropolitan area.

Blair Schlossberg, a Managing Member of Marquis Investments, commented, “Marquis Pointe is an excellent acquisition for our company and investors. Once stabilized, we expect to see significant operating leverage and appreciation as we apply our ‘3R’ strategy — Recapitalize, Renovate and Reposition. We will quickly begin to make capital improvements to this property. I expect that we can quickly stabilize the property and generate significantly increased cash flow.”

Marquis Investments bought this property with a combination of cash and bank debt. Schlossberg added, “Marquis Pointe is a property that fits right within our strategy: we look for unstabilized properties that performed well but, due to the market downturn, have recently underperformed. Our unmatched combination of acquisition, renovation and management expertise, all delivered by our company affiliates without third party managers, will allow us to maintain strict control over all aspects of the investment lifecycle.”

April 5, 2011 (Atlanta, GA). Today Marquis Investments announced that it acquired Highland Cove apartments, a 201 unit complex located in College Park, GA on March 31, 2011. Highland Cove includes spacious one/two bedroom garden style apartments and two bedroom townhome apartments with private patios. Highland Cove amenities include a pool, playground, sundeck, sports courts, and is conveniently located near public transit.

 

Highland Cove will undergo a significant renovation to return the property to a high performing asset capable of qualifying for permanent financing within a short period of time. The property will be managed by Star Residential. With the acquisition of Highland Cove, Marquis now owns over 1,000 apartment units within the Atlanta MSA.

 

Moshe Manoah, a Managing Member of Marquis Investments, commented, “Highland Cove is a property with great upside potential. Under our management and capital infusion, we expect to stabilize the property within 12 months. Once stabilized, we expect to see significant operating leverage and appreciation as we apply our ‘3R’ strategy –Recapitalize, Renovate and Reposition.” Marquis bought this property with a combination of cash and bank debt.

 

Manoah added, “Highland Cove is a property that fits right within our strategy: we look for unstabilized properties that performed well but that due to the downturn in the market, were taken back by the bank and underperformed. Our unmatched combination of acquisition, renovation and management expertise, all delivered by our company without third party managers, will allow us to maintain strict control over all aspects of the investment lifecycle.”

 

Marquis Investments is actively seeking value-add multifamily acquisition opportunities in the Southeastern United States.
Please contact Blair Schlossberg at (770)-391-1233 for more information.