What is MAXX Properties?
Founded in 1936 and guided by the Wiener family, MAXX Properties operates as a dedicated real estate company focused on delivering quality apartments for rent across seven states. The company manages a significant portfolio comprising 9,156 owned multifamily units and 1,004 cooperative units, primarily located in New York. MAXX Properties strategically targets value-add opportunities, aiming to enhance resident experiences through modern amenities and a dedicated Resident Portal. Their core mission revolves around providing exceptional service and fostering long-term value through investments in renovated apartment complexes, catering to individuals and families seeking comfortable and well-maintained living spaces.
How much funding has MAXX Properties raised?
MAXX Properties has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for MAXX Properties?
The recent major strategic investment signals MAXX Properties' commitment to continued growth and portfolio enhancement. With a long-standing history and a clear focus on value-add strategies, the company is well-positioned to leverage this capital for further acquisitions, renovations, and operational improvements. This infusion of financing is expected to bolster their capacity to expand their geographic reach and deepen their market penetration, reinforcing their mission to create lasting value and deliver superior resident experiences in the competitive real estate landscape.
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