Omni Housing Development Company, LLC. has appointed Kevin Grinwis as project manager with the firm. In his new position, Grinwis will be oversee construction of low to moderate-income, multifamily and senior housing developments, starting with the $22 million South End project.
As project manager, Grinwis will supervise the engagement of consultants and experts, facilitate local approvals, and monitor the development process.
To expand Omni's development presence, Grinwis will identify and analyze potential sites, secure approved sites and identify financing sources.
Grinwis received a bachelor of arts degree from Skidmore College. He also received a master of Business Administration from Boston University Graduate School of Management.
Grinwis previously worked as a financial analyst in asset management for Equity Residential where he supported the evaluation and implementation of rehabilitation investment plans for $3 billion property portfolio. Equity Residential is one of the largest publicly traded owners, operators and developers of multifamily housing in the U.S. with nearly 160,000 apartments.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent