Love this Doug Arthur and Russ Murfey, looks like I missed a great gathering! Reminds me when I presented to the City Council back in 2014-16 during the #Uptown CPU when I was cheerleading for high denisty, little to no parking and I observed the future was a #returntoourhistoricroots and still have the presentation I should re-publish with our progress. San Diego at the turn of the century, the after WWI and again after WWII converted industrial, commercial, hotels and homes/manors into apartment buildings and built #SRO and #microunits by todays standards without parking. I asked why can’t I build 50 units on a 5,000 SF lot and 100 units on 10,000 SF like my Dad did? When Horton Plaza was developed we had to replace 2,000 units in the City immediately… Turns out you ask and you shall receive, and I have $500 million of active attainable rent developments in the City and working on the next round of projects daily, powering through the naysayers in this market. I have watched you guys #dreambig and create magic most will never come close to at a young age. Keep up the good work! The next frontier beyond building apartments faster, smaller, parking-lite is a new sustainability value proposition PearlX I am bringing to market unlocking GP equity from the #energyestate, boosting NOI/property values and a pathway to cheaper debt for long term holders, which most of us #middlemarket players utilize as a strategy. We have deployed $100 million across 8000 units and have $100 million to place right now. Look forward to connecting soon!
Old meets new in Bankers Hill! Had a great time showcasing one of SENTRE’s 100 year old crown jewels in Barcelona alongside one of the best new urban multi projects in Murfey Company’s Secoya with 30 future real estate leaders. Enjoyed closing out the tour with some fun at North Park Beer Company at Secoya. Great to partner with life long friend Russ Murfey to talk real estate with the next generation of leaders at NAIOP San Diego. We covered entitlement, historic renovation, branding, complete communities and, last but not least, buildings without parking! Special thanks to Monique Wibier from our team for providing a tour of Barcelona, to Casimir Morawski and Ryan Wynn from Murfey for sharing insights on Secoya and to our liaison Jake Rubendall, SIOR for helping to organize the event. #BankersHill #Barcelona #SENTRE #Murfey #Secoya #NAIOP #NAIOPDL
Tom Perez
11mo
Murfey Company does great work!
Greg LaMarca
11mo
Love this product you are working on Danny
Our Mission: We deliver for every client long term and you become a reference
11moLooks like a great one Russ Murfey Ryan Wynn