Real Estate Journal — Owners, Developers & Managers — April 26 - May 9, 2019 — 3B


M id A tlantic

O wners , D evelopers & M anagers

Walker&Dunlop's Fathaly facilitates joint venture betweenMiddleburg&TheMattoni Group Virginia-based Middleburg commences constructionofMosbyUniversityCityApartments V

managing partner, Chris Finlay . “Developing this com- munity within steps of light rail and abundant future ame- nities boosts the availability of walkable apartments in a re- gion experiencing very strong job growth and a lack of supply for this product.” Mosby University City will be comprised of four, five-story apartment buildings featur- ing: Telly Fathaly of Walker & Dunlop, Inc. facilitated the joint venture between Middleburg and The Mattoni Group. 

IENNA, VA —Virgin- ia-based developer and investor Middleburg, with joint venture partner, The Mattoni Group , has acquired and begun construc- tion of Mosby University City, a 309-unit luxury, multifam- ily apartment community in Charlotte, NC. The transit-ori- ented development is located on North Tryon Rd., directly across from the newly opened University City Boulevard light rail station on the LYNX Blue Line Extension that pro- vides residents convenient and quick access to Uptown Char- lotte (20 minutes) and UNC Charlotte (5 minutes). Mosby University City is expected to be welcoming its first residents in December 2020. “Mosby University City re- sponds to Charlotte’s master plan to increase the availabil- ity of transit-oriented develop- ment in the University Area, which is the Charlotte metro area’s second largest employ- ment center,” said Middleburg a timely fashion is important, but it is only a small part of the process. The facility manager should be proactive in their communication by keeping the client informed. The client will feel happy that they are involved in the process and the facility manager will be able to gauge their ability to com- municate. It is normal to face setbacks in the past because of a client’s lack of communi- cation. The more the facility manager reaches out, reiterate the scope, and follow up, the less likely misunderstandings are to happen. Clients’ expec- tations can be managed if the facility manager is willing to tell them the truth – that no project is perfect –and ex- plain why this is so in a clear and forthright manner at the outset of the project. For more information on manag- ing expectations contact HF Planners, LLC, further read- ing on this topic can be found in articles cited. Are you a potential HF Planners client? Give us a call to schedule your first design consultation with the confidence that you will be 100% satisfied with the outcome of your project. Daniel Schuster is an interior designer with HF Planners, LLC.  continued from page 2B Facility managers: Managing . . .

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