LIV’s co-founder Graham Bates said the deal would enable the firm to grow its business faster. LIV has 2,000 units under management with 7,000 in its pipeline. Remember Login; Request trial; Forgot password Proud to serve European real estate markets … We felt an immediate kinship and saw a great opportunity to bring our resident-first rental experience to the UK, and our purchase of LIV will help accelerate that.”. Cortland Covid-19 Precautions and Updates The target is a significant jump from Cortland’s vision to deploy £4bn of investment to build a portfolio of 10,000 homes from its launch in 2018. Cortland CEO Steven DeFrancis shares his thoughts on the future of apartment living -- from building trends and tech to the conversation around affordability -- with Medium publication's Authority Magazine.More. If an in-person visit is necessary, we will conduct those visits by appointment. The company plans to invest some £4billion ($4.9 billion) to grow a portfolio of at least 10,000 professionally managed homes for rent in Britain. Leasing and Touring Options Cortland's past and current performance are not indicative of future results, and no representation is made that any Cortland investment will achieve its objectives or that any Cortland strategy will be successful. Cortland August 2, 2019 LONDON – Major U.S. multifamily real estate, investment and management company Cortland has acquired LIV Group for an undisclosed sum. We have temporarily suspended the 48-hour service completion guarantee for the time being, but please know that we will do the best we can to respond to any essential or regular maintenance needs as quickly as possible during this time. When entering your home to address an issue, our team will continue to practice social distancing if you are home, and may ask you to stay in a separate room. As the coronavirus pandemic continues to evolve, this is a unique and unprecedented time for all of us. The largest real estate acquisition in 2019 was Liberty Property Trust - which was acquired by Prologis for $12.6B. LIV Group co-founder Graham Bates said: “As the leading … In addition, LIV provides residential block management services for over 8,000 leasehold units nationwide. Learn More about Best for your money. Liv. “With Cortland’s unrivalled U.S. experience and backing, we can refine our best-in-class services and extend our offering across the country at a faster rate. This press release may contain forward-looking statements. Mix of community members posting on one platform to share their opinions and or local and country wide happenings. August 2, 2019. A new university website offers resources to understand and combat racism. For those of you who have not been as financially impacted by the pandemic, it is very important that timely rent payments continue so we can work with those residents most in need of assistance, pay our team members, maintain the cleanliness and safety of our community, and meet our financial obligations in order to continue to provide a home you love. Even with additional procedures, rules, and regulations in place, there is still a risk of contracting COVID-19. If there’s anything our team can do to help improve your experience in your home under these circumstances, please let us know. It’s important to remember that we all must do our part to help prevent the spread of COVID-19 or any communicable disease. She drives the business forward, oversees the implementation of major projects, and works alongside the Operations team to deliver on the company mission and commitment to the resident living experience. Cortland has plans to invest around $4.9 billion in the region and build a portfolio of at least 10,000 managed homes for rent in Britain. If there’s anything our team can do to help improve your experience in your home under these circumstances, please let us know. The Inside Story of Cortland's UK Growth, LIV group acquisition CoStar News catches up with US build to rent company seeking UK expansion as it kicks off first development. By accessing the amenities in your community, you are accepting this risk. Housing is essential, and we are dedicated to doing what we can to work with our residents directly impacted by current circumstances. Subscribe to calendar notifications by clicking on the Notify Me® button, and you will automatically be alerted about the latest events in our community. Clayworks is part of … Cortland chief executive Steven DeFrancis said: “LIV Group shares our passion for the resident and is built upon a deep expertise in property management with a unique understanding of brand and culture. We have a variety of ways you can explore our communities and floor plans, including live and recorded virtual tours and in-person tour options via appointment. We encourage you to explore these options on our community websites, where you can schedule a tour and let us know how you’d like to learn more about life in a Cortland community. * LONDON – Major U.S. multifamily real estate, investment and management company Cortland has acquired LIV Group for an undisclosed sum. 179 likes. The way we do that might look a little different for the time being, but our commitment to serving our residents, associates, investors, and partners will not change. Cortland, which owns more than 55,000 rental apartments in 18 cities across the United States, opened its UK office in 2017. Cortland; LIV Group; Pure Multi-Family REIT; Steven DeFrancis; Related Posts. The way we do that might look a little different for the time being, but our commitment to serving our residents, associates, investors, and partners will not change. • Loss of necessary lighting due to specialty bulbs or inaccessible fixtures Our team members will be wearing masks, and we ask those who visit the office to do so as well, in accordance with CDC recommendations. Learn more about the precautions we’re taking and the ways you can still find your next home with us. Cortland is a National Multifamily Housing Council (NMHC) Top 50 Owner and Manager and is ranked among Atlanta’s “Top 25 Largest Workplaces” (2018). 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