#6 Corrine Laws NDA goal vs. Holy Cross, assist by #21 Natalie Schuh, PaNDAs win 3-0 #icantWEcan

#icantwecan

#allAboardCincinnati Walworth Junction from T.J. Ackermann and Ralph Meierjohan – in Cincinnati’s East End and Columbia-Tusculum neighborhoods – featured on The Varney and Company Show, FOX Business Network (FBN)

 

Fifty Three Years, and a $50 Million Deal:

The Thoroughly Cincinnatian Story of the Kanter Family, Bob and Lynne’s conversation, and Rookwood Properties

Milestones abound at company – now 53 – that began with a husband and a wife, and a dinner-table talk: Why Not You?

PRESS RELEASE PDF FOR DOWNLOAD —–>>>> Fifty Plus Years Later and a $50M Deal – The Thoroughly Cincinnatian Story of Rookwood Properties

link to Cincinnati Business Courier story: (thx Tom!)

[CINCINNATI, Ohio – July 18 , 2019] Bob and Lynne Kanter saw it all, btw, way before any of you.

This is the largest acquisition of the company's 53-year history, growing its apartment portfolio by 40 percent. #CRE https://t.co/MfPgAPBKgC

— Cincinnati Business Courier (@BusinessCourier) July 18, 2019

Fifty-plus-years later after the creation of Rookwood Properties Inc., the Cincinnati startup launched in 1966 after a dinner-table conversation between man and wife, the milestones abound:

• Last month, Rookwood Properties closed a $33 million acquisition of six multi-family properties with 750 apartment units, primarily local, boosting its multifamily portfolio by 40 percent;
• Shortly after the deal closed, Rookwood launched a $17 million capital improvement campaign across the new properties, effectively creating a $50 million deal;
• This Fall, Rookwood will take the wraps off 1010 On The Rhine, its 8-floor, 139-unit apartment segment of the $90 million, 18-story Kroger super-site in downtown Cincinnati, the 3CDC-developed community that Rookwood spent 35 years helping make a reality, offering residential, retail and parking (other partners: North American Properties, NorthPointe Group);
• Late last year, Rookwood introduced its version of adaptive reuse with the conversion of the historic Crane-Hawley factory (former Hamilton County Board of Elections Building) on Broadway Avenue into Crane Factory Flats, a six-story, 69- unit compilation of studios, 1-bedroom, 2-bedroom and townhome apartments.

The six-property, 750-unit package Rookwood Properties acquired in June became available through the national commercial real estate brokerage community.

The largest apartment community in the package is the 144-unit Versailles Village Apartments of Forest Park, followed by the 157-unit Mont Michel Apartments in University Heights; the 144-unit Garden Woods Apartments in Dayton (OH), the 120-unit Fairway Park Apartments Independence (KY), the Knolls Apartments in Beavercreek (108 units); and the Colonial Gardens Apartments (70 units) in Sharonville.

With the recent apartment acquisition, and the flurry of activity at the new downtown Kroger, one might think Rookwood Properties has shifted into overdrive.

That would be an incorrect assumption.

Because, even though the deals are flowing, Rookwood Properties of Cincinnati has quite successfully endorsed the turtle in his/her longstanding duel with the hare.

“In a sense, it might seem like the growth has been fast and furious, because the opportunities have been incredible,” says Annie Kanter, marketing and property manager of Rookwood Properties, headquartered in Montgomery, also active throughout the Midwest.

“Yes, this is the biggest acquisition in the 53-year history of Rookwood Properties, but we remain committed to a slow-but-steady growth mantra, as we were taught,” said Rookwood Properties President Fred Kanter, son of company founders, Robert and Lynne Kanter.

Annie is Fred’s niece, daughter of Fred’s brother Mark Kanter; the third-generation is also represented by Jeremy Kanter, director of acquisitions and multifamily for Rookwood (www.rookwoodproperties.com). Jeremy is Fred’s son.

2019 is shaping up to be a big year for Rookwood Properties, as the company has made its largest acquisition ever #CRE https://t.co/fRpJWYqTnk

— Tom Demeropolis (@TomCinciBiz) July 17, 2019

Now in its third generation of family leadership, Rookwood Properties has proven that success is built on a strategy of long-term growth.

In an era when investment trends promote investing for short-term growth, Rookwood Properties goes against the grain.

The recent $50 million acquisition and capital improvement campaign, with the six new properties, is entirely indicative of the modus operandi of Rookwood Properties since Day One: it’s a long-standing strategy of buying and improving existing properties for appreciation over time.

This strategy has led not only to the company’s longevity, but also to significant residential and commercial improvements in the region over the past five decades.

“Cincinnati was an ideal place for Rookwood Properties to get its start because of its conservative nature,” Fred Kanter states.

“We believe in real estate investments for the long term. There will be good times and bad times, but if you are willing to re-invest in your properties, they can be good long-term investments.”

That strategy pays off not only for investors, but for the local community as well.

Many of the long-term investments in the Rookwood Properties portfolio are long-established properties in the Cincinnati landscape today.

One such example is Lytle Tower at Fourth and Broadway.

The company purchased the building in 1973, under the leadership of company founder Robert Kanter. Until that time, Rookwood Properties was focused exclusively on real estate management.

With the acquisition of Lytle Tower, however, the company began its long-standing tradition of purchasing properties with an eye for long-term improvement.

In the 44 years since, Lytle Tower has become a premier rental location for those seeking high-end living in an urban setting, providing what Kanter calls “an excellent location with high-end finishes at a competitive price point.”

A Tradition of Family Leadership and Steady Regional Growth 

In 1965, Robert and Lynne Kanter were inspired by an article they read in TIME Magazine, about entrepreneurs.

Robert Kanter left his corporate accounting job to launch a real estate property management company with a line of credit cosigned by a former employer, Robert Block Jr.

Kanter quickly developed a reputation for rigorous and disciplined analysis of potential acquisitions, unswayed by the hype and wishful thinking rampant in the field. His integrity and unfailing honesty inspired loyalty among his many business partners.

As the company grew, so did the size of its acquisitions. Steady growth and acquisitions led to investments in retail, warehouses, office buildings, and new and renovated apartment communities.

Rookwood Properties now owns, manages and leases portfolio properties in Cincinnati, Dayton, Columbus, Louisville, and Northern Kentucky. As Rookwood Properties has grown, so has the region itself.

An example of the company’s long-term investment strategy paying off for the community at large is The Enclave, a luxury apartment development in Sharonville.

The Enclave development has not only been successful for Rookwood Properties; it’s been incredibly beneficial to the Sharonville community as well.

“It was the first apartment development in Sharonville in quite some time,” Fred Kanter explains.

“By providing an attractive housing alternative for people who work in Sharonville or the surrounding areas, The Enclave contributes to Sharonville’s overall livability.”

Rookwood Properties Today: Imagining the Next 50 Years

As the Kanter brothers welcome a third generation into the business, Jeremy and Annie Kanter, they can’t help but reflect on the success of the past 51 years and their hopes for the company’s future.

“Real estate development can be a risky business, but by managing the business in a cautious manner for long-term results, we have stayed out of risky development. That has contributed to the company’s success over time,” Fred says.

Whatever the future holds in store, one thing is certain: the Kanter family has no intention of veering from Robert Kanter’s original, long-term strategy for growth.

Says Mark Kanter, “Over the next 50 years, Fred and I hope the company will continue to grow in a slow, but sure, manner.”

ABOUT ROOKWOOD PROPERTIES Rookwood Properties (http://www.rookwoodproperties.com) is a diversified developer, owner and manager of residential and commercial properties in the Greater Cincinnati/Northern Kentucky, Dayton and Columbus markets. Established in 1966, Rookwood Properties prides itself on professional service, a responsive, dedicated staff, and attention to detail. Whether you are looking for office, retail, warehouse space or an apartment, Rookwood Properties offers the most exceptional value in the market. For more information, contact corpoffice@rookwoodproperties.com.

For media inquiries regarding Rookwood Properties, please contact Mr. Andy Hemmer at (513) 604-5428 or andy@andyhemmer.com.

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Kanter Crew at Lytle Tower, left to right: Jeremy, Annie, Fred, Bob, and Mark Kanter.

 

 

WLWT-TV Channel 5 NBC in Cincinnati on Kids First Sports, Ronnie Grandison Basketball Academy, Bob Herman at North Side Bank + Trust and CUC Cincinnati United Contractors starring Chuck Kubicki: thx WLWT reporter/anchor Natalie Clark, anchor Mike Dardis #ItCameFromCincinnati

Cincinnati ad beast adsposure – blossoming across the U.S. in Lexington, Nashville, KC and Des Moines – hits San Antonio with $16 Million VIA Metropolitan Transit contract

link to Cincinnati Business Courier story —>>>

https://www.bizjournals.com/cincinnati/news/2019/05/13/cincinnati-company-expands-to-new-market-with-16m.html?iana=hpmvp_cinci_news_headline

link to KENS Channel 5 (CBS) San Antonio story —->>>

https://www.kens5.com/article/news/local/via-awards-16-million-advertising-contract-to-ohio-company/273-8b1bda6a-e0cc-4e99-a7a1-e01f859e279f

Press Release: For Immediate Release Download as PDF –>> VIA Metropolitan Transit taps adsposure of Cincy with $16M Advertising Contract – PRESS RELEASE

VIA Metropolitan Transit of San Antonio awards adsposure of Cincinnati contract 
to engage business community on viability, visibility of transit advertising

[SAN ANTONIO, Texas – May 13, 2019] VIA Metropolitan Transit in San Antonio, has awarded adsposure of Cincinnati a five-year contract valued at $16.3 million, with a renewal option, to help the transit agency manage and implement its transit advertising program.

Rick L’Amie, VIA Director of Marketing and Jason Klare, AdSposure VP of Sales

“San Antonio is an exciting new marketplace for our team at adsposure,” said Ken Black, adsposure CEO (http://www.adsposure.com).

“Through our partnership with VIA, our team is excited to help the business community in the San Antonio area reach more consumers, and increase their sales, with the out-of-home advertising options that VIA has to offer.”

Working together, VIA and adsposure aim to generate a renewed excitement in the San Antonio business community about the effectiveness of transit advertising.

With a fleet of almost 700 vehicles, including nearly 500 compressed natural gas vehicles, VIA provides public transportation services to 13 cities in the greater San Antonio/Bexar County region.

adsposure, in business since 2003, has opened a new San Antonio office and will recruit a local staff of a half-dozen, including a new local sales manager.

ABOUT VIA METROPOLITAN TRANSIT: The San Antonio agency serves 14 member cities including San Antonio, the seventh-largest city in the nation. VIA delivered nearly 37 million passenger trips in 2018, operating 96 routes, six transit centers and eight Park & Ride facilities. VIA has been named the Most Outstanding Metropolitan Transit Authority in Texas five times since 2003, and earned a national Innovation Award in 2018. For more information, please call (210) 362-2020 or visit http://www.VIAinfo.net.

ABOUT ADSPOSURE: Based in Cincinnati and blooming throughout the U.S., adsposure (http://www.adsposure.com) represents transit advertising contracts in Cincinnati, Northern Kentucky, Lexington, Nashville, Kansas City, Des Moines and San Antonio. A division of Advertising Vehicles, adsposure helps clients design integrated plans that maximize marketing spend, while reaching millions, at one of the lowest costs-per-impression in the advertising industry. For more information, please call (833) BUS-WRAP or visit http://www.adsposure.com.

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GROUNDBREAKING 10:30 a.m. TUES. 5.14.19: Kids First Sports Center and RG Academy (NBA vet Ronnie Grandison) tap CUC (Cincinnati United Contractors), North Side Bank + Trust to expand largest private childrens’ sports center in the U.S. in Sycamore Township, Cincinnati, USA – thx Erin Caproni, @erincincybiz Digital Producer, #Cincinnati @BusinessCourier

 

 

Link to Cincinnati Business Courier article

link to Kids First Sports story in The Cincinnati Business Courier —> https://www.bizjournals.com/cincinnati/news/2019/05/01/greater-cincinnati-sports-center-launches-6m.html

Press Release – For Immediate Release: Kids First Sports taps Cincinnati United Contractors + North Side Bank for $6 Million Expansion – PRESS RELEASE

Kids First: Always, and Forever

Former UC gymnast Jeff Metzger has never lost sight of his kid-first mission

Groundbreaking set for 10:30 a.m. on Tuesday May 14 at largest private kids’ rec center in the U.S. ~ Kids First Sports taps Cincinnati United Contractors for new, $6 million East Kemper Road facility.

[SYCAMORE TOWNSHIP, OHIO (CINCINNATI) ~ May 12, 2019] Kids First Sports Center and its builder, Cincinnati United Contractors (CUC), have launched a $6 million expansion to further diversify and grow one of the largest privately-owned recreational sports centers in the nation.

Kids First Sports Cincinnati Business Courier story published 5.10.19.

The new, 54,000-square-foot facility (www.kidsfirstsports.com) will sit next to its current East Kemper Road HQ and will more than double capabilities for basketball and volleyball, allowing for six basketball courts or eight volleyball courts.

 

With completion, the Kids First campus will occupy 162,000 square feet on 13 acres, a wonderland of academics, sports, and healthy choices for local kids.

KidsFirstSports.com

Behind it all: a professional relationship between Kids First and CUC (www.cintiunited.com) dating back eight previous construction assignments to their first collaboration in 1983.

The current expansion will allow the Ronnie Grandison Basketball Academy and Kids First volleyball services to exponentially expand.

But, it wasn’t without its challenges.

Property had to be acquired, zoning had to be worked out, and financing had to be secured.

CintiUnited.com

That’s where Kids First once again turned to CUC.

After a more than 20-year relationship with one lender, Kids First was not able to secure favorable financing, so they turned to CUC who brought in North Side Bank & Trust.

North Side Bank jumped at the opportunity to partner with Kids First on the project and closed on the financing in record time.

 

CUC was also able to help Kids First navigate the zoning process to achieve the approvals needed for the project to move forward.

Metzger is a decorated, multi-sport athlete hailing from Woodward High School and former University of Cincinnati gymnast.

When a baseball injury derailed his career in gymnastics, he took a job teaching tumbling at a dance studio and the proverbial seed was sown. Metzger launched Kids First from a church basement in 1973.

 

Since then, it’s blossomed into an athletic and academic beast, with two dozen programs such as TumbleBees (gymnastics) drawing upwards of 1,600 kids every week.

“Our foundation is our Mission, ‘To give kids the tools to grow into a happy, healthy, responsible adults,’ ” said Metzger.

A 1998 rebranding changed the company’s name from Queen City Gymnastics to Kids First Sports Center, paving the way for the current, 108,000-square-foot campus.

 

Kids First also drew upon its Seven Unifying Principles for inspiration.

“One of those principles is continual, perpetual growth, to create new opportunities for all of our kids,” said Metzger.

“It’s been an amazing journey, with some incredible families. We’ve trained the grandparents of some of these kids.”

“We are thrilled to assist Kids First once again, in their continual quest for every child to grow up happy, healthy, and physically active,” said CUC President Chuck Kubicki.

“We were there 36 years ago, we will be there for Jeff forever.”

 

Contacts:

Mr. Jeff Metzger, Founding President, Kids First Sports (513) 489-7575 jmetzger8777@me.com

Mr. Chuck Kubicki, President/CEO, Cincinnati United Contractors (CUC) (513) 677-0060 ckubicki@cintiunited.com 

 

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