Recent News

LAS VEGAS – May 9-10, 2019 – Joshua Perttula,...

LAS VEGAS – May 9-10, 2019 – Joshua Perttula, a founding partner of Abington Emerson Investments, LLC, has been invited to participate as a guest panelist at the largest Opportunity Zone Expo, May 9th and 10th at Mandalay Bay Resort & Casino in Las Vegas, Nevada. Mr. Perttula will be joining the investment panel discussion on Opportunity Zone Fund differentiation.  Several other members of the Abington Emerson team will be attending the conference and available...

April 18, 2019

NEW YORK– April 12, 2019 – Joshua Perttula, a...

NEW YORK– April 12, 2019 – Joshua Perttula, a founding partner of Abington Emerson Investments, LLC, is confirmed to present at the IMN Inaugural Opportunity Zones Forum in New York, NY.  Mr. Perttula will be joining the panel discussion on Mitigating the Risks of Opportunity Zones investing. Several other members of the Abington Emerson team will be attending the conference and available for meetings as well. The Opportunity Zones Forum speaker roster includes the leading...

February 9, 2019

LOS ANGELES – January 8, 2019 – Joshua Perttula,...

LOS ANGELES – January 8, 2019 – Joshua Perttula, a founding partner of Abington Emerson Investments, LLC (“Abington Emerson”), is presenting a continuing legal education webinar on Opportunity Zones for the Federal Bar Association.  Mr. Perttula is scheduled to discuss the following topics:  (1) What is the purpose of the Opportunity Zone program, (2) Description of enabling legislation and recently issued guidance, (3) Creation of Qualified Opportunity Zone Funds and (4) Investments in Opportunity...

January 7, 2019

CHICAGO – December 27, 2018 – Abington Emerson sold...

CHICAGO – December 27, 2018 – Abington Emerson sold its third and final plot of land acquired for development in 2016 in Romeoville, Illinois. The land originally consisted of two parcels that were too large for most retail and restaurant projects in the area. Accordingly, in order to meet the requirements of a national restaurant chain interested in Abington Emerson’s location, the team decided to subdivide the parcels into three smaller lots. The subdivision...

December 27, 2018

PHOENIX – December 15, 2018 – Abington Emerson closed...

PHOENIX – December 15, 2018 – Abington Emerson closed the sale of the Shops at Arizona Shopping Center (“Anthem” or the “Plaza”) in Anthem, Arizona. The Ace Hardware anchored shopping center, located in the affluent Phoenix neighborhood of Anthem, was acquired in May 2017. At that time, it was 64% occupied, offering an immediate upside potential from leasing the available space. In the first year of ownership, Abington Emerson added seven new tenants to...

December 15, 2018

Bloomington – November 30, 2018 – Abington Emerson successfully...

Bloomington – November 30, 2018 – Abington Emerson successfully closed the sale of Southcrest Mobile Home Park (“Southcrest”) in Bloomington, Indiana. Southcrest was acquired as a value-add investment in 2016. At the time of acquisition, the property suffered from financial delinquencies and deferred maintenance issues. Under Abington Emerson’s ownership, Southcrest was improved, enjoyed high occupancy rates, always looked well maintained and generated stable cash flows. Abington Emerson started evaluating various exit strategies for the...

November 30, 2018

LOS ANGELES – November 21, 2018 – Abington Emerson,...

LOS ANGELES – November 21, 2018 – Abington Emerson, in a joint venture with ANR Signature Collection, acquired three contiguous lots for redevelopment in the heart of the premier Norma Triangle neighborhood of West Hollywood. The lots will be subdivided to develop nine (9) two-story modern townhomes, each with a private roof terrace, offering views of the Hollywood Hills and the growing skyline of the Sunset Strip. The development will offer three different floorplans...

November 21, 2018

LAGUNA BEACH – January 16-18, 2019 – Joshua Perttula,...

LAGUNA BEACH – January 16-18, 2019 – Joshua Perttula, a founding partner of Abington Emerson Investments, LLC, is confirmed to present at the 16th Annual IMN Winter Forum on Real Estate Opportunity and Private Fund Investing in Laguna Beach, California. Mr. Perttula will be joining the panel discussion on Opportunity Zones investing. Several other members of the Abington Emerson team will be attending the conference and available for meetings as well. With over 1000+...

November 14, 2018

LOS ANGELES – August 20, 2018 – Abington Emerson...

LOS ANGELES – August 20, 2018 – Abington Emerson acquired a property for a multi-family development project in the historic West Adams area of Los Angeles. Originally a single-family house that was R-2 zoned, the lot got rezoned to RD 1.5 because of its close proximity to the light-rail. The new zoning allows for construction of a 9- to 10-unit multi-family building, which Abington Emerson intends to develop. “The property is very attractive from...

August 20, 2018