Multi-Tenant Medical Office Building

When an area hospital needed additional medical offices near its campus, Denny led his company through the development of a new ambulatory medical office building from start to finish.  He coordinated efforts with the health system and multiple providers to design and build a 53,000 square foot, Class A, multi-tenant building that met their goals, then entered into a master lease with the hospital.

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Value-Add Apartment Acquisition

Timber View Apartments was purchased by Cherette Group in late November 2014. The property had occupancy of 89%, below market rental rates, a lackluster reputation, and no marketing presence. In just six months, occupancy climbed to 99% and base market rent increases ranged from 6.1-20.7% depending on the unit style.

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