News: Owners Developers & Managers

JCS Capital, LLC and ACF Properties, LLC close on a 100-unit residential development property

Brookfield CT A joint venture between JCS Capital, LLC and ACF Properties, LLC has secured and closed on a 100-unit residential development property. The 4.76 acre property is already entitled with land use and municipal approvals for the construction of 100 apartments. The units will be comprised of one and two bedrooms. In addition there will be on site staff housing. The New England style buildings will boast amenities for the residents such as a pool and fitness center with men's and women's locker rooms. There will also be ample parking and in unit laundry facilities. The joint venture is comprised of JCS Capital LLC who's affiliate JCS Construction Group Inc. will be the contractor, and ACF Properties LLC who currently owns and operates an additional 100-units in the Danbury area. "This was a very logical addition to our current portfolio, we have the infrastructure in place to manage this development and are excited to see the area continue to grow," said John Farley of ACF Properties LLC. The approval came after a year of planning and amicable negotiations between the town and developers. "It is refreshing to see a town that appreciates and encourages economic growth by adopting incentive zoning and adaptive reuse of properties. Brookfield is invested in the revitalization of the Four Corners and the town will be very successful if they stay on course by providing mixed uses and adaptive re-uses that will attract people resulting in a usable downtown to its residents," said Justin Shaw, president of JCS Construction Group Inc. Construction is slated to begin this summer and will be ready by fall of 2015 for occupancy.
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Columns and Thought Leadership
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season