Collins Group LLC
Founded in 2001, New York based Collins Group is a Private Equity investor in multifamily apartment properties, with a focus in the Southeast. Having successfully bough & sold in excess of 12,000 properties in Florida, Georgia, Alabama & Tennessee, Collins Group is a well-known premier “player” in their markets. Their expertise in employing successful “value added strategies” allows them to build additional value in their properties as evidenced by profitable dispositions and re-finance results from their investments. Collins enjoys long-standing and loyal strategic relationships with “best of breed” Lenders, Management firms and the top tier Brokerage community.
Collins is structured as the Key Principal in their investment groups and acts as their Asset Manager. Day to day “on the ground” management duties are conducted by one of the largest and most prestigious Management firms in the United States with in excess of 170,000 apartments in their management portfolio. Collins staff closely supervises all management activities with frequent “on site” visits and multi-daily communications with their third party liaisons. All activities that relate to Investors, Lenders, Legal, Accounting and Insurance are handled directly out of Collins Group’s office in Brooklyn New York.
In 2016, Collins successfully closed on the acquisition of four Class A apartment communities in the greater Atlanta area, all of which were built between 1990 – 2008 and sold a 680 unit Class B community in Marietta Georgia that had been purchased in 2005 and experienced a highly successful value added implementation in the three years prior to sale.
Collins is led by veteran Investor Ari Parnes, who has been an active Real Estate Operator since 1985. Mr. Parnes has gained an expertise in multifamily investments with portfolios owned, managed, bought and sold in New York, New Jersey, Maryland, Washington D.C. and the greater Southeast.
Collins is actively seeking well located new acquisitions in their target markets of Atlanta, South Florida, Tampa, Orlando, Pensacola, Birmingham, Mobile, Knoxville, Chattanooga, Nashville, Knoxville, Charleston, Greenville, Charlotte and Raleigh.
New Investment opportunities can be forwarded to Jay Herman, Senior Vice President of Finance & Acquisitions at 718-437-5400 extension 311.