![]() Late last month, the firm acquired 225 West 23rd Street and 220 West 24th Street for $100 million. We can buy almost everything, as long as it fits our strategy.”Īkelius recently added to its New York City holdings through large transactions. “The size of the property does not matter. “We buy from 10 units up to 400 to 500 units,” Spann said. The firm’s “cherry-pickingˮ isn’t limited to small purchases. In Brooklyn, we are focusing on Clinton Hill, Prospect Park, Bed-Stuy, Brooklyn Heights, Red Hook and Park Slope.” “Manhattan and Brooklyn are our main focus at the moment. So we buy quality before quantity,” Spann said. It is more important to find the right properties in a good location. Meaning it doesn’t matter the size of the building. This fits into a wider philosophy for their acquisitions. Maybe the property was neglected and decaying under the previous owner,” he said. “We like to buy properties with huge potential in terms of maintenance. The number of transactions also decreased by six percent to 2,419.Īccording to Spann, his firm is chasing a certain type of asset. For the period, the total value of investment sales deals across New York City dropped 39 percent to $18 billion. Who doesn’t want to be in New York? There are few cities in the world with the same charisma,” he said.Īkelius is an anomaly in a market with an increasing number of investors straddling the sidelines.Īccording to an August REBNY report, the city’s investment sales market posted declines in every major metric during the first half of 2017. Spann said that his firm’s entry to New York City was not based solely on economics. The firm plans to hold its New York City residential properties for the long term. It also acquired 90 Clinton Avenue, a five-story walk-up in Clinton Hill. The firm’s planned expansion will add to what has proven to be an active year for its New York City business.Īkelius Real Estate Management, the US subsidiary of Swedish firm Akelius, bought 185 Prospect Park, a ten-unit apartment building in Brooklyn, last July. “I would love to double the number of units between the next 18 to 24 months,” he said, referring to his firm’s 2,600-unit apartment portfolio across the Northeast. Spann, whose company is just two years removed from making its first New York City acquisition, is looking to initiate a growth spurt over the next two years. Read more at Akelius is an equal opportunity employer and employs personnel without regard to race, ancestry, place of origin, colour, ethnic origin, language, citizenship, creed, religion, gender identity, sexual orientation, age, marital status, protected veteran status, pregnancy, physical and/or mental handicap or financial ability.Ralf Spann, the CEO of Akelius Real Estate Management, is orchestrating the rapid expansion of his firm’s reach. knowledge of the Microsoft Office suiteĪkelius acquires, upgrades, and manages residential properties.Īkelius owns rental apartments in the metropolitan cities New York, Boston, Washington D.C., Austin, Ottawa, Montreal, Quebec City, Toronto, London, and Paris.strong communicator who can work individually and as part of a wider team.creative thinker with an interest in problem solving within a team environment.experience in building services, construction management is an advantage.knowledge of energy management and renewable energy.a passion for green solutions, sustainability, and smart building technologies.degree focus in environmental, engineering, real estate, or related field concentration.bachelor’s degree required or in process of obtaining.other related duties not specifically mentioned above.assist with executing energy and water related construction projects.measure and verify savings from implemented measures.collaborate with technology department to implement energy application data.assist in the research of measures for reducing utility consumption including renewable and low carbon technologies.partake in energy and water inspections on site via the energy inspection application and reporting on observations.assist in smart meter installation and validation across the New York portfolio.monitor and analyze building utility consumption and cost data on a monthly basis.The successful candidate will interact closely with the US energy managers, Construction, and Property teams to help Akelius reach sustainability targets for 2025 and beyond. The main goals of this role are to help reduce The energy management intern will be responsible for supporting the US team with monitoring, reporting, and improving the energy efficiency of the US building portfolio. Then you might be our next energy management intern.Īkelius is seeking an energy management intern to join the US construction team. Are you looking for a career opportunity within a global, growing real estate company?
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