IMT Capital is a private real estate investment firm headquartered in Los Angeles. We partner with exceptional institutional investors and seek extraordinary risk-adjusted returns. We are a vertically integrated investor and operator of multifamily assets in major US markets—actively managing our investors’ capital alongside our own through our funds.
PHOENIX, AZ.—September 28, 2015 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired Deer Valley, an 832-unit resort-style apartment community located in Phoenix, Arizona.
This is IMT’s first acquisition in Arizona on behalf of its third investment fund, IMT Capital Fund III, L.P. which closed in October 2013 with $409 million in committed equity.
Located at 3010 W Yorkshire Drive in Phoenix, in the center of the North Loop 101 employment corridor, the property provides easy access to over 100 commercial buildings and over 80,000 jobs in the immediate area. Major employers within walking distance include American Express, John C. Lincoln Deer Valley Hospital, and the corporate headquarters of PetSmart. The property is located within walking distance of Deer Valley Towne Center, a 526,000 square foot power center which boasts an AMC 30 movie theater, Starbucks, Target, and other shopping and dining destinations.
On-site amenities include three resort-style swimming pools with spas, two fully equipped fitness centers, expansive lawns and landscaping, a dog park, and two resident clubhouses.
ALPHARETTA, GA.—September 17, 2015 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired Deerfield, a 636-unit resort-style apartment community located in the Atlanta suburb of Alpharetta, Georgia.
This is IMT’s first acquisition in Georgia on behalf of its third investment fund, IMT Capital Fund III, L.P. which closed in October 2013 with $409 million in committed equity.
Located at 13125 Morris Road in Alpharetta, Georgia, the property is a resort-style apartment community consisting of 636 apartment homes. The property provides easy access to the major thoroughfares in the area, including Windward Parkway and the Georgia 400, providing convenient access to the major employment centers in the Atlanta Metropolitan area. The property is located only 2 miles from Avalon, the new upscale live-work-play development which boasts over 1.2 million square feet of office and retail space, including a movie theater, high end shopping and dining destinations, and a future hotel.
On-site amenities include three resort-style swimming pools, a 6,000 square foot state-of-the-art fitness center, two lighted tennis courts, children’s play area, and a dog park, as well as a resident clubhouse and business center.
SHERMAN OAKS, CA. — August 11, 2015 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired the development site located at 5700 Sepulveda Boulevard in Sherman Oaks, California.
The 1.29 acre site is designed for 131 multifamily apartment units, as well as ground-floor retail space.
With 200 feet of frontage on Sepulveda Boulevard and visibility from the San Diego Freeway (405), the Property will benefit from a traffic count of 56,000 cars per day. Proximity to major freeways will provide residents with convenient access to major employment centers in the San Fernando Valley, Warner Center, Burbank, Glendale, West LA, Hollywood, and Downtown LA.
The Property is in the close vicinity of many major retail shopping and dining destinations, including the Costco Wholesale, the Westfield Fashion Square mall in Sherman Oaks, and the Sherman Oaks Galleria, a state-of-the-art open-air lifestyle center that includes 700,000 square feet of office space overlooking 300,000 square feet of retail and entertainment venues.
HOUSTON, TX.—July 20, 2015 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired Uptown Post Oak, a 392-unit mid-rise apartment community located in the Galleria / Uptown submarket of Houston, Texas.
IMT Uptown Post Oak is a five-story ultra luxurious mid-rise apartment community. The impressive property features include stained concrete and hardwood floors, dramatic 9.5 foot ceilings, granite countertops with 4” backsplash, hardwood cabinets with 42” uppers, stainless steel appliances, spacious walk-in closets, intrusion alarms, oversized roman tubs with granite surrounds, brushed nickel hardware, and full size washer and dryers. The first-class amenities offered by IMT Uptown Post Oak include resort style swimming pools, internet lounge and business center, a premier fitness center, game room, outdoor grilling areas, and a demonstration kitchen. IMT Uptown Post Oak defines luxury and provides residents a true urban experience in the most modern district Houston has to offer.
Uptown Post Oak is located on Post Oak Boulevard in the highly desirable Galleria / Uptown submarket of Houston. The Galleria / Uptown submarket is the 14th largest office market in the country, boasting over 28 million square feet of office space that houses over 83,000 employees and is home to 13% of Houston’s Class A office space, with almost 16 million square feet within the submarket. In addition to the Galleria / Uptown office market, proximity to major Houston highways provides residents with convenient access to the Houston CBD, the Energy Corridor, the Greenway Plaza office market, the Westchase Financial District, and the Texas Medical Center.
DALLAS, TX.—May 21, 2015 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired Lakeshore Lofts, a 341-unit mid-rise resort-style apartment community located in the Las Colinas Urban Center of Dallas, Texas.
IMT Lakeshore Lofts is comprised of two four-story wrap-style apartment buildings. The property features direct access to the Waterfront Promenade surrounding Lake Carolyn, two resort-style pools, a 24-hour fitness center with strength and cardio training zones, a spinning cycle room, a yoga and meditation studio, a business center, a private clubhouse with an entertaining kitchen and wrap-around bar, a game room with billiards, a cyber café with wireless internet access, a wine room, a media lounge, a library, gated bicycle storage, elevator access throughout the property, storage space, and controlled access parking garages. The unit interiors have ten-foot ceilings, eight-foot entry doors, Whirlpool stainless steel appliances, above-range microwaves, granite countertops, sleek maple cabinetry, kitchen pantries, full-size washers and dryers, luxurious carpet in bedrooms, sealed concrete floors throughout, relaxing soaking tubs or walk-in showers, brushed nickel fixtures, and ceiling fans.
Las Colinas is a 12,000 acre master-planned community located 8 miles northwest of the Dallas CBD and 25 miles from Fort Worth. Las Colinas is the second largest office market in the Dallas / Fort Worth MSA, boasts over 29 million square feet of office space that houses over 144,000 employees, and is home to 5 Fortune 500 global headquarters, an additional 45 Fortune 500 companies, and more than 100 regional headquarters. In addition to the Las Colinas office market, proximity to light rail transportation and major Dallas / Fort Worth highways provides residents with advantageous access to the Dallas / Fort Worth CBDs, the Uptown office market, and Dallas / Fort Worth International Airport. The Las Colinas Urban Center is set to become the next true live, work, play environment in DFW. Approximately 574,000 square feet of retail is scheduled to be built in the next three years, including a concert venue and a dine-in movie theater. Additionally, many boutique restaurants and bars are scheduled to be delivered, giving residents a true live, work, play destination and providing significant demand drivers.
IMT Sherman Village has been awarded Best Green Practices for its LEED Gold Certified Phase II Building!
Honoring and celebrating property performance of the best Los Angeles multifamily communities each year, this esteemed event was held on November 20, 2014, at the Skirball Cultural Center in Los Angeles with more than 200 apartment industry professionals in attendance. IMT Residential received a top award at the California Apartment Association, Los Angeles Signature Awards.
IMT Sherman Village is a luxurious and eco-conscious
residential community totaling 264 apartment homes. Combining
ecologically sensitive design with luxurious finishes and features, the LEED
Gold Certified, chic and stylish IMT Sherman Village offers residents a
sustainable, healthy lifestyle without sacrifice.
LEED stands for Leadership in Energy and Environmental Design and is a system developed by the US Green Building Council (USGBC) for the purpose of rating and recognizing homes built to a more sustainable standard than conventional homes built to code. LEED‐certified homes can have a myriad of benefits and green homes generally are more comfortable, more energy and water efficient, and have a smaller overall environmental footprint than conventional homes.
For more information on LEED for homes, please visit the link below.
For more information on IMT Sherman village, please visit the link below.
DENVER, CO.—September 30, 2014 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired Alameda Station, a 338-unit mid-rise apartment community located in Denver, Colorado. This investment is an opportunistic acquisition of a LEED Gold Certified, AAA asset in a desirable, high traffic location with long term growth potential.
Alameda Station is ideally located between Downtown Denver and the Denver Tech Center, providing convenient access to numerous shopping and dining destinations, as well as major employment centers in Denver, which collectively account for over 250,000 high-paying jobs. The location and lifestyle of the Property provide the Live-Work-Play environment desired by millennial renters, evidenced by the proximity to employment, prime renter age, education level, and high average household income demographics of the Property's residents.
Alameda Station is LEED Gold Certified and provides residents with an unparalleled amenity set, including a large fitness center, cardio theatre and yoga studio, two outdoor living rooms with a fireplace, cyber café and business center, rooftop deck with full kitchen and fireplace, electric vehicle charging station, dog wash, bike/ski shop, and large resort-style pool. The unit interiors are well-designed and have nine-foot ceilings, fully equipped kitchens, granite countertops, mosaic tile backsplash, chef islands, full size washers and dryers, walk-in closets, and Bluetooth enabled entertainment systems (in select units).
DALLAS, TX.—March 27, 2014 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired IMT Prestonwood, its newest development project, located in Dallas, Texas.
The property sits on 6.2 acres of land in the Addison submarket of Dallas and is slated for 437 Class-A multifamily units.
TAMPA, FLA—January 14, 2014 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired three apartment communities in Tampa and Boynton Beach Florida totaling 934 units.
IMT Capital acquired the assets on behalf of its third investment fund, IMT Capital Fund III, L.P. which closed in October 2013 with $409 million in committed equity. IMT’s Florida holdings now total 4,695 units in 16 properties across the state. IMT’s investment funds also hold assets throughout California, Arizona, Colorado, and Texas.
Tuscany Bay and Westchase are 370 units and 300 units, respectively, and are located in the Westchase submarket of Tampa, Florida. The properties are bordered by 20 acres of nature preserve and incredible views. Nearby amenities include shops, restaurants and the Westchase golf course. The third asset, Florida Club, is a resort apartment community with 264 units located in Boynton Beach, Florida.
LONE TREE, CO.—December 23, 2013 — IMT Capital, LLC, a private multifamily real estate investment and management firm, has acquired Lone Tree, a 400-unit resort-style apartment community located in the Denver suburb of Lone Tree, Colorado.
This is IMT’s first acquisition on behalf of its third investment fund, IMT Capital Fund III, L.P. which closed in October 2013 with $409 million in committed equity. Lone Tree also marks IMT’s first investment in Colorado.
Located at 10047 Park Meadows Rd. in Lone Tree, Colorado, the property is a resort apartment community consisting of 400 upscale apartment homes. The property is near the Lincoln Light Rail Station and just minutes from downtown Denver, DTC, and the foothills region. On-site amenities include restaurants, a state-of-the-art 24-hour fitness center with cardio and strength training machines, children’s play area, resort-style pool with year-round heated spa, sports court with basketball and volleyball, as well as a resident clubhouse equipped with billiards, movie theater, and business center with conference room.
SHERMAN OAKS, CALIF, October 1, 2013 – IMT Capital, LLC,
a private real estate investment and management company
with a nationwide portfolio of multifamily properties,
announced the start of IMT Capital Fund III, LP. (“Fund III”),
an investment fund with more than $409,000,000 in
committed equity. Investors in Fund III include a select group
of university endowments, foundations, pension funds, and
high net worth individuals.
Fund III was formed to employ an investment strategy
consistent with IMT Capital’s prior funds, opportunistically
invest in undervalued and underperforming multifamily
assets in major U.S. markets, and deliver superior risk-adjusted
returns through investment discipline, value-add
strategies, and in-house operational skill sets.
“We are fortunate that the exceptional performance of our first fund, combined with the opportunities uncovered in our second, has put us in a position to continue our partnership with the best investors in the country,” said Michael H. Browne, IMT Capital’s co-founder and Managing Director. “Opportunities in each cycle may be different, but it’s always our job to demand an adequate return for our risk. That’s as true for our partners’ money as it is for ours.”