Presidium was honored for reflecting strength, size and diversity within the ‘Developer of the Year’ and ‘Best New Multifamily Project’ categories.
Presidium, a diversified real estate development, investment and management firm, has been named by D CEO’s Commercial Real Estate Awards Program as a finalist in the ‘Developer of the Year’ category and a finalist in the ‘Best New Multifamily Project’ category for Presidium Revelstoke, a technology-advanced luxury community in Alliance Town Center (ATC)— North Fort Worth’s premier shopping and dining district.
“While much of the industry remained cautious due to the challenges brought by 2020, Presidium continued to capitalize on opportunities, push projects forward and plow ahead with confidence,” said John Griggs, Presidium Co-Founder and Co-CEO. “Being recognized in these two categories fuels our passion to continue providing the DFW real estate market with top-of-the-line housing options.”
Designed by O’Brien Architects, Presidium Revelstoke is the first multifamily community in proximity to ATC that offers a modern, luxurious design, while fully integrating SMART technology into each of its 408 units. Presidium Revelstoke was designed with a contemporary architectural approach to complement a luxurious lifestyle. The community features amenities such as a resort-style pool with cabanas, gas grills and game areas, a second-floor outdoor deck overlooking the pool area and a state-of-the-art fitness center with a dedicated spin, yoga studio and more. Presidium Revelstoke is currently leasing and occupying units and is expected to be fully complete later this year.
“Last year was a year like none other. Still, Dallas-Fort Worth’s commercial real estate market held strong, with some sectors—especially industrial—performing exceptionally well,” said Bianca Montes, D CEO Managing Editor. “After spending several days reviewing all of the entries, the editors of D CEO have selected 82 finalists in 21 categories. They represent many of the region’s largest transactions and projects, but also several smaller deals that are having a big impact in their sectors or neighborhoods.”
After more than 17 years of hard work and dedication, Co-Founders and Co-CEOs John Griggs and Cross Moceri have led Presidium from its infancy to a firm that now manages a nation-wide portfolio valued at approximately $2.5 billion. With almost 300 employees in 29 collaborative environments, their efforts have also resulted in Presidium expanding from Dallas into seven new markets, transforming over 50 communities nationwide, and creating sustainable housing for thousands of Americans.
Presidium’s strategic focus and niche investing throughout Texas, Maine and Florida has helped the firm to deliver above-market returns to all partners within the firm’s growing portfolio. By adhering to strict due diligence, underwriting and operating policies, Presidium has established an impressively successful track record, all while strategically growing their firm year over year.
# # #
About Presidium: Founded in 2003, Presidium is a Texas-based real estate developer, owner, and operator with a 17-year operating history and an existing real estate portfolio totaling approximately $2 billion AUM. We represent a spectrum of disciplines including acquisitions, development, property management, asset management, construction, law, finance, accounting, special servicing, and public-private partnerships. Presidium is committed to providing best-in-class housing for individuals of all income levels and creating great spaces that enhance people’s lives. For more information about Presidium, visit www.presidiumre.com.