Link Apartments℠ Four12, located at 412 Madison St. in Oakland, CA, is on track for an early 2024 opening, which will make it the first Link Apartments℠ community to welcome residents in California.
Read an excerpted version of Clay Grubb's second quarter letter to investors.
Chief Executive Officer of Grubb Properties
The U.S. continues to face an unprecedented housing crisis as a shift in demographics and a lack of new construction exacerbate the imbalance between supply and demand. Responding to this shortage is at the heart of Grubb Properties’ development and investment strategy, executed primarily through our nationwide Link Apartments℠ brand.
Link ApartmentsSM 4th Street in Winston-Salem, NC, celebrated the one-year anniversary of welcoming its first residents this week with a celebration for residents and staff. The community was the first property developed by the Link Apartments Opportunity Zone REIT to open and is already close to achieving full occupancy and stabilization.
Healthy children, world peace, and an end to racism are just a few of the wishes that will be installed at artist Elizabeth Palmisano’s NoDa Cloud Wall, currently in progress at Grubb Properties’ upcoming Link Apartments℠ NODA 36th community.
Link ApartmentsSM H Street in Washington, DC, will welcome its first residents in August, marking the opening of Grubb Properties’ first Link Apartments community in the city. The community is in an Opportunity Zone and is owned by the Link Apartments Opportunity Zone REIT.
On July 20, twelve Link ApartmentsSM communities spanning five states and nine cities came together to celebrate Grubb Properties’ 60th anniversary.
Over the past 60 years, Grubb Properties has evolved from a regional homebuilder into a national force in essential housing through our Link Apartments℠ brand. Qualified Opportunity Zones (QOZ) were a natural part of that evolution.
Revitalizing aging office parks has been one of Grubb Properties’ key strategies. The concept is relatively straightforward:
Grubb Properties CEO, Clay Grubb, frequently states, “Parking is the enemy of essential housing.” Clay recently expanded on this sentiment in an article for the Spring 2023 issue of Dialogues, a publication from the National Association of Real Estate Investment Managers (NAREIM).
2023 marks Grubb Properties’ 60th anniversary, a milestone we’ll be commemorating all year. While the company has evolved significantly over the past six decades, the values imbued from our beginnings still prevail today.
Stay up to date
Get latest articles directly in your inbox, stay up to date