DUNE REAL ESTATE PARTNERS LP
Dune Real Estate Partners LP (Dune) is a real estate investment firm based in New York City focused on assembling and managing a diversified portfolio of investments in hotel, retail, residential, office and industrial assets. Dune manages the Dune Real Estate Funds which were launched in 2005 and have raised $2.5 billion of equity capital. Dune has been involved in the development of a number of distinctive properties, including: The Four Seasons Resort Orlando at Walt Disney World Resort, The Ace Hotel NYC, The Standard High Line, NYC and 56 Leonard Street in Tribeca. Dune acquired Juhl in partnership with KRE Capital in 2013 with the vision of developing it into Las Vegas’ premier condominium residence.
KRE CAPITAL LLC
KRE Capital (KRE) is a Los Angeles-based real estate investment firm that invests across all property types including multifamily, office, retail, land, golf operations and more. KRE takes pride in thoughtfully and strategically adding value to its properties and their surrounding neighborhoods, with a history of success in recapitalizing and repositioning assets through strict acquisition and management programs. Among other properties, the KRE portfolio has included The Georgia Club, one of the premier master-planned communities in the Southeastern United States, and Belle Meade Court, a luxury condominium project located in Nashville, Tennessee. KRE is currently developing 500 Broadway – a paradigm shifting, architecturally significant and LEED Platinum certified mixed-use development in the heart of downtown Santa Monica, CA. The 7 story development will include 249 residences, 64,000 SF of retail & restaurants, a public plaza and significant site-specific works of art. 500 Broadway is the largest residential mixed-use residential project approved in Santa Monica since the early 1970s.
Northcap teamed with KRE Capital LLC and Dune Real Estate Partners to purchase Juhl in 2013, and are currently in charge of its property management. Founded in 2006 by John Tippins, Northcap is a real estate company focused on the leasing, management, sales and marketing of multi-family and condominium properties. Their team has overseen or advised on the sale of approximately 2,300 condominium residences and successfully reinvigorated projects stalled by the Great Recession. Northcap represents a roster of clients and partners that includes a number of private equity firms and high net worth individuals.
FirstService Residential is North America’s largest manager of residential communities and the preferred partner of HOAs and community associations in the U.S. and Canada. FirstService Residential’s managed communities include low-, mid- and high-rise condominiums and cooperatives, single-family homes, master-planned, lifestyle and active adult communities, and commercial properties. FirstService Residential currently manages over 360 communities right here in Nevada.
With an unmatched combination of deep industry experience, local market expertise and personalized attention, FirstService Residential delivers proven solutions and exceptional service that add value, enhance lifestyles and make a difference, every day, for every resident and community it manages.
THE FEDERAL SAVINGS BANK
The Federal Savings Bank is a nationwide, FDIC bank that specializes in condominium financing. As the preferred lender, they consult the seller to ensure their residential projects have a sound financing strategy and the best mortgage programs available for buyers. In partnership with KRE Capital LLC and Dune Real Estate Partners, The Federal Savings Bank has been credited with bringing affordable mortgage financing back to the Las Vegas condo market. In 2016 The Ogden, another Downtown community in the Dune/KRE portfolio, obtained Fannie Mae status which enabled buyers to purchase a home and qualify with as little as 3% down. The Federal Savings Bank was instrumental in this feat that was not seen in the Las Vegas condo market since 2008.
LEE BRYAN INTERIOR DESIGN, LLC
Lee Bryan Interior Design (LBID, LLC) is the interior design firm in charge of refreshing Juhl’s shared spaces and model residences. Founded by Atlanta based international designer Lee Bryan, LBID, LLC brings an intimate understanding of luxury lifestyle and a focus on details to its work. LBID, LLC has used cutting edge materials to reinvigorate Juhl through the creation of bright, comfortable areas for living and entertaining.
*Terms subject to change. Contact agent for details.