Marquee Asset Management LLC, founded in 2008, is a wholly-owned real estate development and investment company. Its parent company is Drewco Development Corporation & Drewlo Holdings companies. Marquee Asset Management is one of the subsidiaries of the Drewlo Family of Companies.
Marquee LLC's administration has a history of making profitable investments in the United States and Canada over the past decades. The company has successfully executed apartment and residential development projects, building and construction, and facility management. In 2021, Marquee Asset Management was recognized as the Best Rental Housing Provider Nationally and ranked ninth on Canada's Largest Rental Housing Providers list. Marquee Asset Management LLC has a large workforce. The firm currently employs about 600 staff members who are seasoned professionals in the industry and are committed to meeting the needs of clients and partners. Marquee LLC is developing more than 1500 rental units and 500 plus single-family residential and multi-story buildings. Marquee LLC provides clients with reliable investment advice and diverse strategies. These building development projects cover about 15 million square meters. Marquee Asset Management designed comprehensive platforms to focus on building its real estate investment portfolio in the United States. The divisions of Marquee LLC that manage and operate investment platforms are Shelter Asset Management LLC and SAM Residential Group LLC. Shelter Asset Management (SAM) LLC is the division of Marquee Asset Management that works exclusively on project management for construction, land, commercial and residential development, real estate consulting, multi-family asset development advisory, and property assets management. Property asset management covers cleaning services, monitoring the financial value of assets, maintenance services, utility and lease management, and security control. In addition to its maintenance services, SAM LLC also advises clients on when to rebuild or sell off certain investment assets. Secure Asset Management LLC has long-term experience strategizing and executing the construction of single-family and multi-family residential apartments and mixed-use and subdivision building development projects. Shelter Asset Management is a part of the Drewlo family of companies and a sister company to SAM Residential Group LLC. SAM Residential Group LLC is the division of Marquee Asset Management LLC that works primarily on multi-family asset investments and institutional partners. SAM Residential group specializes in building and implementing multi-family investment plans and strategies developed to accomplish the profit goals and objectives of its institutional partners. Other organizations in the Marquee Asset Management Portfolio, which are also part of the Drewlo Family of Companies, include the Ironstone Building Company, Ironstone Condos (a division of Ironstone Building Company), and Riverside Forming, and the parent companies, Drewlo Holdings, and Drewco Development Corporation. All of the success and achievements of the subsidiary companies are built on the Drewlo foundation. Drewlo Development Corporation and Drewlo Holdings Incorporation have successfully executed real estate projects for over six decades. Since the inception of Drewlo Holdings in 1984, the company has owned, managed, and constructed mixed-use apartments, single-family and multi-family buildings, and low and mid-rise apartment projects and has designed and launched investment platforms. Drewlo Holdings owns and manages over 10,000 housing units in London, Canada, and the United States.
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Since its establishment in 2010, the Ironstone Building Company has maintained its commitment to building excellent homes and delivering affordable housing options to people. The London, Ontario-based company sustains this commitment through its primary goals and principles. One of these principles is to build high-quality homes with superior trade and building materials. It accomplishes this through its expertly and stylishly built homes that are entirely rooted in customer preferences and simplicity.
Another one of Ironstone Built’s principles is a dedication to creating strong customer relationships, and it has delineated this in its warranty programs and closing processes. Being a registered builder with Tarion New Home Warranty Program, the company provides a government-regulated warranty for up to seven years. Tarion is an enterprise that administers warranty protection as provided by the new Home Warranty Plan Act of Ontario. The corporation protects the rights of new home buyers and regulates the activities of new home builders in the area. By partnering with them, Ironstone assures buyers of guaranteed perks and a defect-free home. It also offers 24-hour emergency services for problems like heat loss, water loss, and power outages. The company also responds to plumbing leaks, safety hazards, and major grading issues. Its pre-delivery inspection is another marker of its commitment to customer relationship building. The examination helps the builders educate the buyers on the smooth and efficient running of the house. It also allows the builders to assess, document, and address any outstanding defects, complaints, and adjustments. The pre-delivery inspection is one of the steps taken in the closing process. Affordable pricing is another core principle of the company. Ironstone offers these options with its Ironclad pricing and Rent Save Own programs. The Ironclad pricing program helps purchasers by offering their preferences upfront, eliminating the need for cost and time-intensive upgrades. The basic Ironstone home model has a standard that includes finishes that other developers consider as upgrades. For a reduced price, purchasers can still get quality homes with features like valence lighting and maple kitchens. On the other hand, the Rent Save Own program was established in conjunction with Drewlo Holdings. The program is available exclusively to Drewlo Holdings residents and offers saving options between $350 and $10,000 towards purchasing a ready-to-go home. Also, in addition to providing ready-to-go homes, the Ironstone Building Company offers ready-to-go condos on upfront and conditional sales. Ironstone is also devoted to making an impact in its community. The president and co-founder, Dave Stimac, believes the company has an attachment to the community and is mandated to give back to it. In 2020, on its tenth anniversary, Ironstone inaugurated a charity project called Ironstone Impact. Then, it donated $10,000 to 10 selected organizations in the London, Ontario, area within 10 weeks. On its eleventh anniversary, it continued this program, reaching out to 11 organizations in 11 weeks and offering them $11,000. Ironstone Built has established itself in various London, Ontario, community housing developments such as Kilally On The Thames, Napa, Cali, and Hickory Heights. It also has available new housing developments in communities like The Grove, Summerside Trails, and The Enclave at Jeffrey’s Place. A member of the American College of Obstetrics and Gynecology and the American Association of Gynecologic Laparoscopists, Dr. Robert Kast is an experienced obstetrician and gynecologist who has operated his private practice in Boca Raton, Florida, since 1985. Dr. Robert Kast also takes an interest in innovative COVID-19 medicines.
Approved by the Israeli Ministry of Health in 2021, MesenCure is a mesenchymal stromal cell (MSC)-based medication that rapidly weakens the effect of the COVID-19 virus on the lungs and other organs that suffer complications from the disease. MesenCure is delivered intravenously. When the drug gets to the lungs, it reduces the inflammatory response of the immune system to the virus, allowing injured tissues to heal without compromising the defense capacity of the immune system. The result is typically alleviated symptoms (such as improved respiratory function and blood-oxygen saturation) and complete recovery within weeks of treatment. MesenCure has passed through multiple clinical trials in Israel and has proven its efficacy in those tests. According to data from its manufacturer (Bonus BioGroup), the MSCs in MesenCure predispose patients to zero adverse immune reactions, and the drug also accumulates predominantly in injured lung tissues when administered intravenously. This translates to an optimum anti-inflammatory effect at the crucial site. MesenCure's action is also broad-based, meaning it can also counter inflammatory damage to other organs that may suffer complications of COVID-19 infection when delivered intravenously. This can help prevent acute kidney injury, shock, heart disease, and death (from multiple organ failure). For many Americans, owning a home is a lifelong goal. But buying a home involves serious financial commitment that can impact your lifestyle. Renting, on the other hand, can help you maintain your lifestyle and flexibility. For this reason, a lot of people ranging from Baby Boomers and millennials to Gen Zers (and even high-income earners who can afford to purchase a house) are increasingly choosing to rent.
According to a 2019 housing survey by Freddie Mac, close to 40 percent of renters indicate that they have no intention of ever owning a home, up from the 23 percent in 2017. In addition, 80 percent reported that renting offers a better fit for their current lifestyle. One area where renters receive a better financial deal is when it comes to up-front costs. The amount needed for a down payment on a home purchase is significantly higher than a typical rental security deposit. In most cases, a down payment is around 20 percent of the total value of a property. Meanwhile, renters typically only have to pay a security deposit equal to a month’s rent. Another key benefit of renting versus owning is that you won’t have to pay property taxes. For homeowners, real estate taxes can be a big burden that can run into the thousands of dollars per year. Buying a home can also come with other unexpected costs. For instance, according to CNBC, property insurance taxes can easily add between 2 and 3 percent to the price of a home. A renter, on the other hand, doesn’t pay any property insurance taxes. Owning a home comes with other hidden homeowner costs, such as landscaping, HOA fees, and home insurance. Other costs come with time and may include big-ticket replacements on decks, windows, roofs, furnaces, and appliances. On the other hand, renters don’t need to worry about any of these costs, as they are typically the responsibility of the landlord or property management firm. Home property values can fluctuate, and this can affect homeowners in a big way. Home values impact the amount of property taxes homeowners have to pay, as well as monthly mortgage amounts. Renters are not really affected by rising or declining values, except possibly through modest rises in rent imposed by the landlord. As a renter, you can often afford to live in a neighborhood or location that would otherwise be beyond your reach, whereas as a homeowner you are typically restricted to staying within your socioeconomic range. In addition, when times are hard financially, renters can easily relocate to a cheaper location. As a homeowner, on the other hand, economic hard times may force you to dispose of your assets. Today, many renters are seeking the convenience of living, playing, and working in the same area. Some rental apartment communities meet these expectations by providing affordable housing, workstations, a common area for parties, game rooms, fitness centers, and dedicated conference rooms. Benefits such as these can add to the value of renting for many people. |
AuthorStuart Hansen is a respected real estate advisor who works with a team of experienced executives with links spanning China and the Asian markets. Archives
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