Headline: Dakota REIT Purchases Class A Multifamily Property in Des Moines, Iowa Date: 03-29-2024 Dakota REIT announces the acquisition of Nexus at Gray’s Landing, a 142 - unit multifamily property located in a growing pocket near downtown Des Moines, IA. This luxury property was built in 2018 and features modern finishes with resort-style amenities. The property offers convenient access to shopping and dining in downtown with easy access to outdoor attractions and major highways. “I am excited to continue our growth in the Des Moines market with the acquisition of a Class A multifamily community in a desirable location near downtown Des Moines.” Matt Pedersen, Dakota REIT President. “The economics of this acquisition are highly accretive to Dakota REIT’s portfolio and challenging to duplicate with current construction costs. Dakota REIT’s investment objective is to generate attractive current income and equity growth by investing in diversified real estate assets in the Midwest. Des Moines, IA is a relatively new market for Dakota REIT and fits Dakota REIT’s assessment of a growth market due to its above average population and job growth, as well as low unemployment enjoyed by the upper Midwest. About Dakota REIT Dakota REIT has continued a 26-year track record of consistent distribution yields and share value appreciation. Dakota REIT offers a diverse portfolio of properties consisting of multifamily and commercial property, across the Midwest. Dakota REIT’s press release and additional information are available on its website at www.dakotareit.com or by calling Investor Relations at 701-239-6879. Contact Information Peter J. Tanis, CCIM Chief Investment Officer Dakota REIT ptanis@dakotareit.com c. 952.210.3792 #realestate #investmentproperties
Dakota REIT
Investment Management
Fargo, North Dakota 367 followers
Invest. Protect. Diversify. Grow.
About us
Our mission is to consistently meet shareholder investment performance expectations by investing in quality real estate that will allow for attractive dividend payment and increased long-term share value.
- Website
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https://dakotareit.com/
External link for Dakota REIT
- Industry
- Investment Management
- Company size
- 11-50 employees
- Headquarters
- Fargo, North Dakota
- Type
- Privately Held
- Founded
- 1997
Locations
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Primary
3003 32nd Ave S
250
Fargo, North Dakota 58103, US
Employees at Dakota REIT
Updates
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Happy Employee Appreciation Day! Employee Appreciation Day is celebrated on the first Friday in March, and it is a day to recognize employees for their hard work and dedication to their job. It is also a great opportunity to create better relationships between employees and their bosses and companies. #realestate #investmentproperties
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The deadline to register for our AZ Shareholder Appreciation Event is 3/1/2024. If you have not already registered please contact Lisa Bontje at 701-356-5992. #realeastate #investmentproperties
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This schedule is being provided as a courtesy to assist shareholders in calculating the tax basis of their shares. Please consult your Forms 1099‐DIV as provided previously for each year for dollar amounts, as well as your tax advisor. https://lnkd.in/gKHeFZMb #realestate #investmentproperties
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What a fantastic time we had at Dakota REIT's first Shareholder Appreciation Event in Fort Myers, Florida on February 3rd, 2024! With over 70 attendees, the event was a smashing success filled with delicious food, refreshing beverages, live entertainment, and wonderful conversations. It was truly heartwarming to see so many familiar and friendly faces in one place. A huge thank you to all our shareholders for your unwavering support and confidence in Dakota REIT. Here's to many more memorable gatherings in the future! #realstate #investmentproperties
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Dakota REIT’s website offers a lot of great resources. If you need to make a change to your Dakota REIT account, there a several forms available. You can see details about some of our programs, view frequently asked questions, and see our prior year’s Annual Report – 2023 coming soon! Check out the resources page of our website to view these and more – link below. https://lnkd.in/gZt2HeYc #realestate #investmentproperties
Tax & Legal Forms
dakotareit.com
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Exciting News at Dakota REIT! We're thrilled to announce the newest addition to our team, Peter Tanis, who has joined us as the Chief Investment Officer in January 2024! He has over two decades of real estate expertise, Peter brings a wealth of knowledge and experience to Dakota REIT. Previously serving as the Senior Managing Director of Capital Markets and Investment Sales at NEWMARK, INC., Peter successfully oversaw transactions exceeding $1B in consideration. His impressive track record includes handling transactions for renowned clients such as Seagate, Ecolab, Morgan Stanley and The Minnesota Vikings. Having navigated market challenges and played pivotal roles at JLL and The C. Chase Company, Peter's strategic insights and commitment to growing businesses make him a valuable asset to our team. Peter Tanis earned his Bachelor of Science in Real Estate Studies and Finance from The University of St. Thomas (2002-2006) and achieved the Certified Commercial Investment Member (CCIM) designation in 2019. Join us in extending a warm welcome to Peter at Dakota REIT! We are excited about achieving new milestones together. #realestate #investmentproperties
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Sign up for our Quarterly Fact Sheet! click here: https://lnkd.in/gBkBuvw6 #realestate #investmentproperties
Sign Up
lp.constantcontactpages.com
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RSVP before 1/24/24 to ensure that your name is included on the guest list for entry at the security gate. lbontje@dakotareit.com | 701-239-6879 ext. 102
Save the Date! 2024 Investor Appreciation Event - Scottsdale, AZ. Inquiries: Contact Lisa Bontje 701-356-5992 or lbontje@dakotareit.com #realestate #investmentproperties