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In 2012, Pretium raised $1.2 billion for its first residential real estate fund named Progress Residential, L.P which was used to buy more than 16,500 homes at big discounts. The fund would fund the establishment of the company Progress Residential, which acts as a single-family rental (SFR) management services platform. [2] [4] [5] [6]
Progress Residential is the second largest owner of single-family rental homes in the United States. It is owned by Pretium Partners , a private equity firm. As of late 2022, Progress Residential owned 85,000 homes, the second largest owner of single-family rental homes in the US after Invitation Homes .
One Park Drive is a residential skyscraper situated in the south west corner of Wood Wharf, [5] within the Canary Wharf development on the Isle of Dogs, London.. The building is the first residential development designed by Swiss-based architecture firm Herzog & de Meuron in the United Kingdom. [6]
30 East 29th Street (also known as Rose Hill Tower [1]) is a residential skyscraper in the Rose Hill neighborhood of Manhattan in New York City.The 605-foot-tall (184.4 m) tower is 45 stories and contains 123 condominiums.
FirstService was founded in 1989 by Jay S. Hennick. [2] Its initial assets were a swimming pool management company formerly owned by Hennick, and the College Pro Franchise system acquired by Hennick in 1989. [2]
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Olympic Tower was the first residential condominium building in New York to have been built on a ground lease, and set a precedent for many future high end developments such as neighboring Trump Tower. In 2012, an Oxford Properties partnership purchased a minority interest in the buildings retail that valued it at over $1 billion. [5]
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