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36-Story Multifamily High-Rise At 3615 Montrose Blvd.


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  • 3 weeks later...

Vero Sade must have done a press release because the Houston Chronicle also has a story about their projects.

"A Houston-based development group has acquired prime sites in Houston and other cities for multifamily developments, including proposed projects in the Montrose and Heights neighborhoods.

Sade is also chairman of Sade Capital, a company specializing in multifamily and other assets. Daniel Bassichis is co-founder of New York and Texas-based Vero, formerly Admiral Capital Group, where he partners with retired San Antonio Spurs star and Basketball Hall of Famer David Robinson on investments that create value and make a positive social impact."

https://www.houstonchronicle.com/business/real-estate/article/Houston-developer-announces-2B-pipeline-of-17475225.php#photo-22986376

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  • 2 months later...

I don't think anyone else has brought it up, but the FAA filing for this was released back in June and has a determination height of 490' down from 512' (DNE of 499' AGL/549' AMSL at that site). Obviously that won't much affect the number of floors given its already generous height. Does anyone know of any elevation diagrams for this and/or if the most recent ones were for 490'?

Also, it seems the working name--at least at that time--was "Montrose A1".

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27 minutes ago, Clementine said:

I don't think anyone else has brought it up, but the FAA filing for this was released back in June and has a determination height of 490' down from 512' (DNE of 499' AGL/549' AMSL at that site). Obviously that won't much affect the number of floors given its already generous height. Does anyone know of any elevation diagrams for this and/or if the most recent ones were for 490'?

Also, it seems the working name--at least at that time--was "Montrose A1".

image.png.e5abb4abba8f3f6b12f58aa30b520f03.png

It has been discussed.

 

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In 2008, Robinson partnered with Daniel Bassichis, formerly of Goldman Sachs and a board member of The Carver Academy, to form Admiral Capital Group.[49] Admiral Capital Group is a private equity firm whose mission is to invest in opportunities that can provide both financial and social returns. Robinson's primary motivation in starting Admiral Capital was to create a source of additional financial support for The Carver Academy. Its portfolio is worth more than $100 million and includes nine upscale hotels and office buildings across the U.S. as well as Centerplate, one of the largest hospitality companies in the world. Admiral Capital Group also partnered with Living Cities to form the Admiral Center, a non-profit created to support other athletes and entertainers with their philanthropic initiatives. Robinson is also co-owner of a Jaguar Land Rover Dealership in San Juan, Texas.[50][51]

https://en.wikipedia.org/wiki/David_Robinson


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"Admiral Capital Group, a real estate and private equity investment management firm founded in 2008 by Dan Bassichis and NBA Hall of Fame player and philanthropist, David Robinson, today announced plans to rebrand as Vero Capital. The investment platform, including the team and funds, will be managed by Vero Capital, led by Managing Partner Dan Bassichis. Through their Admiral partnership, Bassichis and Robinson will continue to collaborate on non-profit work and mentoring current and retired professional athletes on investing and philanthropy. Since the firm’s inception, Vero and Admiral have deployed more than $700 million of capital in transactions valued at more than $3 billion."

https://www.businesswire.com/news/home/20221129005804/en/Admiral-Capital-Group-Rebrands-as-Vero-Capital-to-Mark-Firm’s-Growth

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