The Dermot Company sells residential community in Boynton Beach, Fla.
The Dermot Company sold The Seabourn, a 456-unit luxury community in Boynton Beach, Fla., to IMT Capital for a reported $184 million, completing a full-cycle investment following more than four years of ownership and strategic upgrades.
Top Workplaces 2025 – Honoring 52 of the best workplaces in New York
If you want to really know what’s happening at work, ask the people on the front lines. That’s the foundation of the Top Workplaces award. For the fifth year, employee survey company Energage has partnered with Schneps Media to honor the best places to work in New York City. This award can’t be bought; it has to be earned, based on employee feedback. Winners are chosen through a scientific survey process. Positive employee feedback equals recognition. Workplaces that don’t have strong feedback are excluded from the winners list.
AI and Affordable Tech Are Transforming Multifamily Efficiency
Saving money on energy is more important than ever in uncertain economic times. As every day seems to bring surprising headlines, apartment owners, developers, and managers are investing in technologies that make their buildings more resilient and more efficient.
Responsible Investing: Prioritizing Returns While Advancing Sustainability
True "responsible investing" must prioritize the optimization of returns. And optimizing returns can often produce tangential benefits such as reducing greenhouse gas emissions and enhancing sustainability and resilience.
The Dermot Co. grabs unique opportunity in Florida
Wellington, Florida, home to the National Polo Center, is known as the Winter Equestrian Capital of the World. While that reputation as a horse hub and its ranking as one of the 50 best places in America to live for families by Fortune are certainly draws for housing providers, Wellington has one for apartment investors: There isn’t very much apartment supply in the town. “We’re largely seeing more housing developments and higher-end options being built in Wellington,” said Drew Spitler, managing director and partner of New York City-based apartment owner The Dermot Co. “With apartment complexes themselves, there is some supply in the area, but it’s not actually in Wellington.”