PPR Real Estate of El Paso provides professional real estate services to clients throughout the El Paso area. Their team of real estate professionals provides services like appraisals, property management and more; in addition they assist their clients through all aspects of a real estate transaction such as financing complications or contract intricacies. Their services are available both commercially and residentially.
PPR stands for property procurement request, a document that outlines specific requirements from both buyers and sellers of real estate transactions. This ensures everyone involved understands each other, eliminates misunderstandings that might lead to costly delays, and helps lower risks by documenting everything clearly in writing.
PPR may provide many advantages, yet it also has drawbacks that should be taken into consideration. One major risk associated with PPR is limiting competition among suppliers and contractors, potentially leading to higher prices for buyers as a result. It can also make finding solutions for issues encountered during a project more challenging.
PPR Capital Management (PPR) announced the purchase of Highline at Knoxville, a build-to-rent (BTR) community located in Knoxville, Tennessee for $87 Million. Phase I features 110 detached homes currently leasing while construction continues, while Phase II will feature 151 to-be developed townhomes and detached homes that will start leasing gradually between 2026-2027.
PPR’s investment aligns with their strategic approach to market selection and value creation by drawing upon their experience in the BTR sector. Conceived with long-term living in mind, the asset is located in a dynamic urban core where residents have access to jobs, education, culture and recreation – features that come together with PPR serving as principal equity investor, Center Creek acting as general partner and BTR Group providing construction.
Prior to adopting Agora, PPR was manually handling every aspect of investor lifecycle manually across multiple spreadsheets – a time-consuming and ineffective process that created operational overhead for its investor relations team. Furthermore, investors often had questions regarding documents they were reviewing which led to unnecessary back-and-forth in terms of reviewing process. With Agora implemented, PPR can streamline investor onboarding and communications while eliminating many manual processes which were hindering its expansion.