10C — October 2023 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
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O wners , D evelopers & M anagers
Phase one is scheduled for completion in the fall of 2024 Diversified Properties begins construction on Jefferson Pl.
Elevating access control for smart buildings Nimbio partners with Alfred International
LAS VEGAS, NV — Nim- bio , a patented, low-cost cel- lular solution allowing every electronic gate and buzzer door to be opened with a cell phone, announces a partner - ship with Alfred Interna- tional Inc. , a manufacturer of residential, commercial and industrial grade door hardware. Together, they have created an elegant end- to-end solution that easily brings together old and new multifamily access control hardware to create a ‘smart building’—optimizing the property manager and resi- dent experiences while im- proving property security. “Our partnership with Al - fred International enables us to extend our offerings in restricted access multi-unit properties (RAMPs) beyond the front door or gate to ev - ery unit door,” said Elaine Haney , CEO, Nimbio. “From its sleek design aesthetic to its integration with Wi-Charge wireless power, Alfred is pushing the boundaries of smart lock systems.” Through the companies’ co-development efforts, Al - fred’s locks can now be easily set up, managed and opened from within the Nimbio app. When combined with Nimbio cellular controllers installed
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EFFERSON, NJ — Di- versified Properties , one of the region’s most experienced and active com - mercial real estate developers and owners, announced the start of the first phase of con - struction at Jefferson Place, a brand-new luxury multifamily community located on Hellers Lane in Jefferson. Phase one is scheduled for completion in the fall of 2024. Jefferson Place’s first phase of development will include an elevator building with 32 one and two-bedroom apart - ments ranging in size from 855 to 1,216 s/f with built-in den spaces. The community’s amenity package will include private garages, an indoor fitness center, outdoor lounge and grilling areas, and indi- vidual storage units available for residents. “Our multifamily investment philosophy has always been driven by a focus on finding un - derserved markets like western Morris County and leveraging our creativity to bring commu - nities like Jefferson Place to life,” said Nick Minoia , found - ing and managing partner of
Nimbio works with existing hard - ware to turn any electronic lock into one you can manage with any smartphone. at common access points, the integrated solution provides enhanced digital key sharing capabilities, as well as remote control and monitoring of all access points for property managers and residents alike through a single interface. “Our user-focused technol - ogy puts safety above every - thing else. With a team that collectively holds over 100 years of extensive knowledge and expertise in mechanical locks, Alfred engineers a series of products that are smart, secure and never compromise design,” said Dan Cook , presi- dent, Alfred. “We are excited to be partnering with Nimbio to offer enhanced software fea- tures to our customers that add incremental value to our industry-leading access control solutions.” MAREJ
Jefferson Place rendering
Diversified Properties. “We are excited to celebrate this mile - stone as we begin the process of creating a space that residents can be proud to call home for years to come.” In addition to Jefferson Place, Diversified Properties boasts a growing portfolio of tri-state area multifam - ily communities including Irondale at Wharton, a 60- unit community current - ly under construction in nearby Wharton, 30 Court,
a 58-unit ultra-luxury mul - tifamily building in Mor - ristown, Summit Lane, a 188-unit luxury apartment community in Newburgh, NY, Summit Terrace, a 270- unit luxury apartment com - munity in New Windsor, NY. and Summit Court in Union, NJ. where Diversified Prop - erties recently announced the completion of the final phase of construction at the 393-unit luxury multifamily community. MAREJ
Coldwell Banker New Homes & The Kamson Corp. join Procida's Cherry Hill property team
St. John Properties promotes Halstead to assistant VP, property management
CHERRY HILL, NJ — Just days after acquiring of the 507-unit Plaza Grande development in Cherry Hill, developer Billy Procida en- gaged Coldwell Banker New Homes as leasing and sales agent along with adding The Kamson Corporation as property manager. The 55+ luxury complex currently has 224 units occupied, and under Procida’s acquisition plan it will complete the remaining 283 units. “The demand for 55+ homes has never been stronger; move-down prospects see the benefits of maintenance-free living in a highly-amenitized community”, said Sheryl Ritschel , director of leasing at Coldwell Banker New Homes. “Plaza Grande is a well-es - tablished property already with an amazing Cherry Hill location; the enhancements Procida is making, combined with the CB New Homes’ leas - ing expertise, make our part - nership poised for success.” “The team at Procida has proven time and again that they identify incredible op -
manner to maintain consis- tent operations, manage ten- ant accounts, negotiate, and supervise service contracts, prepare annual expense rec - onciliations, and manage client relations activities. She will also continue to progress the company’s mission to provide best-in-class environments across the company’s portfolio of class A commercial office, flex/R&D and retail space. Halstead earned an Associate of Arts degree in Early Child - hood Education from Freder - ick Community College and a Bachelor of Science degree in Business from the University of Phoenix. “Our entire company takes enormous pride in the re - sponsiveness of our property management team, and we believe that our passion for excellence and attention to detail separates us from our competition,” said Bill Mc- Faul , executive vice president, property management for St. John Properties. MAREJ
BALTIMORE, MD — St. John Properties, Inc. , a Baltimore-based commercial
real estate development and manage- ment com- pany with a national portfolio val - ued at more than $5 bil - lion, has an- nounced the
Plaza Grande clubhouse
condominiums and rentals, along with an array of retail stores, such as Home Goods, Home Depot, Trader Joe’s, We - gman’s, TJ Maxx, Cheesecake Factory, and more. Amenities include an 18,000 s/f club - house with an indoor pool, gym, yoga studio, movie the - ater, elevators in all buildings, and private parking. “Adding Kamson and Cold - well Banker New Homes to the Procida Team at Plaza Grande adds to the fantastic dynamic of this amazing location,” said Billy Procida, founder and CEO of Procida Funding and Advisors. MAREJ
portunities and can deliv - er a product that is above and beyond what exists in the marketplace,” said Jeff Kurtz , president of The Kam - son Corporation. “With Plaza Grande’s expansive amenities and living offerings we are incredibly excited to take over property management respon- sibilities at the complex.” The property is located on what was previously the Gar - den State Park racetrack. It is located at the intersection of Haddonfield Rd. and Chapel Ave. and features a sprawling complex with a diverse range of housing options, including
Crystal Halstead
promotion of Crystal Hal- stead to assistant vice presi - dent, property management. Formerly director of property management, Halstead joined the company in 2004. Halstead will continue to oversee all functions of St. John Properties’ more than 50-person property manage - ment department in the great- er Baltimore metropolitan region. The property manage - ment team’s responsibilities include proactively resolving tenant requests and mainte - nance inquiries in a timely
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