Construction has recently begun on Makowsky Ringel Greenberg’s latest project, Madison@McLean, a new 108-unit apartment community located at the corner of Madison Avenue and S. McLean Boulevard in Midtown.
Built to MLGW eco-build standards, the five-story low-rise, designed by Fleming Architects, will include one and two-bedroom units with sleek, modern interiors featuring stainless appliances, granite, and other high-end finishes. The ground floor will include covered, gate-controlled parking as well as approximately 1,100 square feet of retail space. Amenities, from a well-equipped fitness center to bike storage and a pet wash room, have been designed to support an active Midtown lifestyle.
Construction financing on the Madison@McLean development was arranged by Rick Wood and Jon Van Hoozer of Financial Federal Bank.
Madison@McLean is expected to be completed in Q4 2019.
Read more in this Daily Memphian article.
Posted in General News
Makowsky Ringel Greenberg and the Binghampton Development Corporation (BDC) recently partnered together in a building project that has made home ownership affordable for Binghampton resident Basuze Modogo.
MRG spearheaded and contributed to a fundraising campaign that resulted in numerous vendors contributing money, materials and labor to support construction of the 1,474 square-foot, 3 bedroom, 2 bathroom home constructed on a BDC-owned lot located at 285 Carpenter Street. Shapiro & Company Architects, Inc. contributed the custom home design, which appropriately reflects the characteristics of the surrounding community.
Basuze was presented the keys to his new home in a ceremony held on September 27th, during which BDC executive director, Noah Gray spoke about how the project contributes to the momentum of revitalization in the community. This marks the 18th new home constructed through the BDC, replacing another blighted property in the community with a quality home. Similar to previous BDC projects, a significant portion of the labor was provided by participants taking part in the BDC’s construction job training program, with MRG providing mentoring for those participants as a part of the project.
Makowsky Ringel Greenberg LLC recently completed the renovation of 36 apartment homes at Stratford Place, one of the company’s Midtown Place apartment communities under management. Interiors of the one and two-bedroom apartments located at 1806 Poplar Avenue, have been completely renovated and now include solid-surface countertops, stainless appliances, and in-unit washer/dryer, with additional features in certain units such as balconies, bay windows and French doors. Exterior improvements including a new parking lot and landscaping will be completed in the next few months. Rents, which compare very favorably to downtown developments and redevelopments, range from $995 to $1500.
According to Jimmy Ringel, chief operating officer, the company and its predecessor, Makowsky Ringel, Inc., have been involved in the Midtown community for more than 35 years. Today, MRG manages 9 different Midtown properties totaling 241 units. Each property has its own name, with Park Lane and St. Regis being the largest, but all, including Stratford Place, are operated under the umbrella name of Midtown Place and are leased from a single management office at Park Lane, located at 2095 Poplar Avenue.
The renovations on all 36 Stratford Place apartments have just recently been completed and all units have already been leased. “Our research prior to the project indicated that one of the most desired amenities was in-unit washers and dryers so we included those in the renovated apartments,” stated Ringel.
MRG currently owns and/or manages more than 30 apartment communities totaling more than 5,000 units in the greater Memphis area. MRG also has nearly 1 million square feet of commercial real estate under management with a focus on small to midsize industrial, retail and office properties.
Posted in Awards
The Collierville Town Beautiful Commission has picked The Signature at Schilling Farms as Business of the Month for May.
Congratulations to staff and residents, working together to keep our community beautiful!
Posted in Awards
MRG took home a record 13 awards at the Apartment Association of Greater Memphis’ Diamond Achievement Awards event held on January 20th. The big winner of the night was the Signature at Schilling Farms, with five awards. Seven different MRG-managed apartment communities brought home property and/or individual trophies this year and April Myers received the Corporate MVP award. We are exceptionally proud of these accomplishments.
Winners were as follows:
Best Landscape, 1-15 yrs. old: The Signature at Schilling Farms
Grounds Technician of the Year: Phillip Cook, Southcrest Lake
Maintenance Technician of the Year, 1-299 units: Billy Terrell, The Ellington
Outstanding Maintenance Team: The Signature at Schilling Farms
Best Fitness Center, 1-299 units: The Signature at Schilling Farms
Best Leasing Center/Clubhouse, 1-299 units: The Signature at Schilling Farms
Best Leasing Center/Clubhouse–8-18 yrs. old: The Westbury
Top Shop, 1-299 units: Nikki Westmoreland, Midtown Place
Top Shop, 300 + units: Michele Gore, The Westbury
Leasing Professional of the Year–1-399 units: Aubrey White, The Signature at Schilling Farms
Property Manager of the Year, 1-149 units: Erin Vaughn, Plum Tree
Property Manager of the Year, 150-299 units: Lakesha Pratcher, Rocky Creek
Corporate MVP: April Myers, MRG Corporate Office
Congratulations to everyone at these properties who helped make 2016 a winning year!
Posted in General News
MRG employees participated in the Diamond Achievement Awards, the annual awards gala hosted by the Apartment Association of Greater Memphis, on Friday, January 8, 2016. MRG continued its winning streak with a number of employees and properties bringing home awards for achievement in property management performance, design or development.
MRG award winners included:
The Signature at Schilling Farms, Best Two Bedroom Model
Marnita Hayes, Champion Hills at Windyke, Top Shop, 1-299 apartment units
Cassandra Johnson, Highland Chateau, Top Shop, 300 + apartment units
Ashley Higginbotham, The Westbury, Leasing Professional of the Year, 300 + apartment units
MRG staff members have now won either the Top Shop award or Leasing Professional of the Year five years in a row, and Ms. Higginbotham and Ms. Johnson won their respective awards for the second time.
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