Corporate responsibility has been at the heart of Grubb Properties since our founding more than 60 years ago. Over the past several years, we have focused on putting these values into action and formalizing how we measure, track, and report on our progress.
By Grubb Properties Development Team February 20, 2024 Link Apartments℠ Four12, located at 412 Madison St. in Oakland, CA, is preparing to begin pre-leasing. It will be the first Link Apartments℠ community to open in California.
By Grubb Properties Development Team February 20, 2024
Link Apartments℠ Four12, located at 412 Madison St. in Oakland, CA, is preparing to begin pre-leasing. It will be the first Link Apartments℠ community to open in California.
By Grubb Properties Development Team February 7, 2024 The New York metropolitan rental market has been remarkably resilient. Even as occupancy rates nationwide have dipped to 94.1% as of December 2023 from a 10-year average rate of 95.4%, New York maintained a rate of 96.7%, only slightly below its 10-year average of 96.8%, according to RealPage Analytics.
By Grubb Properties Development Team
February 7, 2024
The New York metropolitan rental market has been remarkably resilient. Even as occupancy rates nationwide have dipped to 94.1% as of December 2023 from a 10-year average rate of 95.4%, New York maintained a rate of 96.7%, only slightly below its 10-year average of 96.8%, according to RealPage Analytics.
Real Leaders, a global network of CEOs and Certified B Corps dedicated to inspiring the future of business, has named Grubb Properties as one of the 2024 Top Impact Companies.
Link Apartments℠ Calyx in Chapel Hill, NC, is currently preleasing and will open its doors to residents next month.
Our 60th anniversary year was marked by significant accomplishments by the Grubb Properties team. While the financial environment for multifamily development was difficult, Grubb Properties continued to make great strides in expanding essential housing across the country, opening new Link Apartments℠ communities in Charlotte, NC, Washington, DC, and Memphis, TN.
Chief Executive Officer of Grubb Properties
The Brown family is looking forward to a great 2024, when they’ll move into their new home in Lexington, NC, constructed by the Grubb Giving Project and Habitat for Humanity, Lexington.
Despite the headwinds faced in housing due to the dramatic increase in interest rates, I am proud to share that Grubb Properties’ stabilized Link Apartments℠ continued their positive trend with year-over-year revenue growth in the third quarter.
Construction is progressing at Link Apartments℠ QPN, the first Link Apartments℠ community to break ground in New York. Located at 25-01 Queens Plaza North in the Long Island City neighborhood of Queens, Link Apartments℠ QPN will be a 417-unit community, with 126 of those units reserved for affordable housing. The project also includes 6,920 square feet of retail space.
Over the past five years, Grubb Properties has experienced notable growth, sustained through a worldwide pandemic, and is now set to make a deeper impact in Opportunity Zones (OZs) in high-growth and resilient markets across the United States.
Managing Director, Investments
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