NEWSLETTER MAY 2024
FIDUCIARY REAL ESTATE DEVELOPMENT, INC. VOLUME 6, ISSUE 5
PROJECT UPDATE APEX AT VERONA
BY PETER TODDVerona, Wisconsin is set to witness a transformative change with the introduction of The Apex at Verona This multi-phased, diverse product type development is reminiscent of the successful “The 85” project in Madison. Positioned in the burgeoning Madison metro area, this project aims to capitalize on the region's robust apartment market growth while offering a unique living experience tailored to the Verona community
Recognizing the diverse needs and preferences of renters, the Apex development offers a range of apartment product types designed to accommodate various lifestyles and budgets Whether residents are
This project has seen great progress thanks to a mild fall, allowing for early foundation installation
Structural elements take shape while interior focuses on plumbing, HVAC, and electrical
seeking a spacious townhome, or a studio apartment, this project provides options that cater to every level of renter, ensuring a perfect fit for all While drawing parallels with “The 85”, The Apex development sets itself apart with enhanced finishes, three-bed townhomes, additional parking, and a re-designed clubhouse These thoughtful additions not only enhance the overall convenience but reflect the feedback that we have received from our Leasing Professionals. Furthermore, this development is situated near the world-renowned Epic Campus, which will take advantage of professionals working in the tech and healthcare sectors.
The strategic timing and favorable winter weather conditions allowed the construction team to make significant headway, setting a solid foundation for the development's construction progress. As work proceeds through the spring, the team strives to install roadways, connect site infrastructure, and finalize grading. As a result, the project remains on track to meet its milestones.
DEVELOPMENT TEAM:
RYAN S., TONY D., DAVID F., AND ASHLEY H. CONSTRUCTION TEAM: JACOB K., RYAN G., ELISABETH S., STEVE F., KEVIN M., CURT S.
LEASING TEAM: MICHAEL B., ANDY K.
DESIGN TEAM: JLA ARCHITECTURE
CIVIL ENGINEERING: SIGMA ENGINEERING
DEPARTMENT UPDATE MAINTENANCE
BY JEFF LEAMYDid you know?
FRED’s Corporate support team is always happy to help and loves to hear your ideas and feedback!
The FRED Maintenance Department has been off to a great start for 2024 We launched our new Maintenance Apprenticeship Program and have completed the first group training with the next group slated for June. We are happy to announce the successful progression of our trainees now moving into permanent Tech I positions at our properties.
Last year we started working closely with the Maintenance Supervisors to find ways to cut costs on supplies and vendors by doing more pricing comparisons and involvement in budgets We also implemented many companywide bulk ordering categories to increase our buying power and reduce costs. Our site and regional teams working together on this has had a significant impact on savings.
Many new pool codes have been established for 2024 and our Regional Maintenance team is on top of it We have been educating ourselves on the changes and requirements and are making sure that these changes are trained on at the site level. All pool sites will be fully assisted to become compliant before the new season.
We are now in our second year of quarterly training class implementation with our Supervisors and Techs alike This program has been a great success in providing ongoing training for our team members alongside the Interplay classes
In pursuit of greater knowledge involving water intrusion cleanup throughout our sites, we decided to get Jamie Graham, Mike Gardner, Jon Schultz, and myself certified in two nationally
recognized levels through the IICRC. This helped us understand more of the equipment needs and operations involved when a situation happens to assist our teams We each successfully received both the “Water Damage Restoration Technician” and “Applied Structural Drying Technician” certifications.
THE TEAM
JEFF LEAMY Director of Maintenance
JAMIE GRAHAM REG Maintenance Manager
RICK JAHN REG Maintenance Supervisor
JAMIE SCHUMACHER Remodel Supervisor
JON SCHULTZ REG Maintenance Manager
MICHAEL GARDNER REG Maintenance Manager
CHRIS COUILLARD REG Maintenance Supervisor
CARLOS FERREYRA REG Maintenance Technician
FRED OUT OF OFFICE
BY ARIN BONDURANTWant to share?
Use the QR code to submit your out of office activity for a chance to be featured in an upcoming issue!
From a very young age, I fell in love with the game of hockey According to my parents, my first word was indeed “hockey”. I always kind of thought this was a joke, but I have also always run with it. I began skating at age four, taking to it so quickly that I began playing that same year. Like all young kids in the greater Madison area, my first games were played at the mini rink in MIA (Madison Ice Arena) Being from Stoughton, Wisconsin, youth hockey started there at ages six to seven, when we graduated from the mini rink to half of the NHL-sized rink at the Mandt Center in Stoughton As we grew bigger, so did the rink size During normal hockey seasons, I represented Stoughton all throughout youth and high school, while spending my summers playing for Madison area AAA travel programs.
At the age of 12, I put all my eggs in the hockey basket and developed a dream and work ethic of making a career out of the game. This allowed me to be given an opportunity almost immediately after graduating high school to pack my bags and gear and head 1,000 miles west to begin a career.
I played junior hockey in Montana for the Helena Bighorns, while being tendered by the Janesville Jets Junior hockey is a two to three-year gap between high school and college where kids develop their skills to make a college roster However, concussions and their lingering effects will stick a fork in your development plans fast, as I found out The career I dreamed of may have ended but the love of the game did not. I began volunteer coaching part-time when my work schedule would allow. This only made me realize that I still wanted to play! So ever since 2018 and until I turn at least 50, you will find me still playing at the highest levels I can. Currently, during the winter months, you will find me four to five nights a week at the local rinks in Madison On the weekends, I travel our home state of Wisconsin, the UP, and neighboring states, playing Senior A (the highest level of beer league “Semi-Pro” that follows NHL rules, allowing full contact and fighting) When summer comes around, I trade in my ice skates for rollerblades, playing in a local roller hockey league. I am the living epitome that there is no such thing as too much hockey!
PROPERTY SPOTLIGHT SADDLE BROOK
BY ADAM KENNEDY-KUNUGISaddle Brook has been a consistent performer of FRED’s year after year. Starting in 2023, we began the process of giving this veteran property a facelift.
We remodeled our clubhouse and office area with the help of Karla, FRED's amazing designer. We also made several landscaping and common area enhancements and updates to our model.
So far in 2024, working closely with our Maintenace Management Team, we have started our siding project, residing four buildings and replacing several roofs We have also replaced the address, unit numbers, and exterior lighting in the clubhouse. We are in the process of updating our fitness center, common hallway carpeting, and installing a fountain in the main pond The first part of 2024 has been filled with some amazing improvements and we are excited for what the rest of the year will bring!
ImPRESSing News
Arrabelle Apartments has been nominated for Best Apartment Complex in Milwaukee Journal Sentinel’s 2024 Community’s Choice Awards!
Voting starts May 6th and ends May 20th. Let’s congratulate Arrabelle on their nomination and be sure to vote for them this month!
CLICK HERE TO VOTE ON MAY 6TH!
OUR GROWING COMPANY
MARCH 16, 2024 - APRIL 15, 2024
MADISON HUNT IT SUPPORT COORDINATOR
Whether promoting from within or bringing new team members on board, we are always excited to see the ways FRED is growing. Help us in congratulating the individuals below on their new roles! INTERNAL PROMOTION
ALYSSA METZ LEASING PROFESSIONAL MANCHESTER OAKS
JASON SMITH MAINTENANCE TECH FORTÉ AT 84 SOUTH
DEREK STRUCK MAINTENANCE TECH SEASONS AT ORCHARD HILLS
JULIO LEON MAINTENANCE TECH ARBOR LAKES
PATRICK ALLEN MAINTENANCE TECH SEASONS AT FRANKLIN
DARYL PIERRE MAINTENANCE TECH DOMAIN
TIMOTHY HURLBURT GROUNDSKEEPER SEASONS AT NORTH AURORA
RECOMMENDATIONS PODCAST
BY NOLAN FILLMANEffectively Wild is a baseball podcast hosted by Ben Lindbergh of The Ringer and Meg Rowley of Fangraphs The two hosts offer an in-depth look at the happenings of the broad baseball world. From MLB to the Japanese NPB and Korean KBO, they explore baseball through an analytical and data-driven mindset.
Ben and Meg do a really good job of breaking down events in a way that is accessible to all One of my favorite series they do is the Preview Pods, where they have beat writers from each of the 30 MLB teams on as guests to preview their respective teams' seasons, highlighting storylines to keep track of and realistic goals for each team.
ALEXANDRIA HULL LEASING PROFESSIONAL FORTÉ AT 84 SOUTH
MANDI KNOWLES LEASING PROFESSIONAL RIDGE VIEW
JEFF GRABO LEASING PROFESSIONAL THE WOODLANDS
YVIN HOROZEWSKI GROUNDSKEEPER MANCHESTER OAKS
GAGE KESSEL GROUNDSKEEPER
DREXEL RIDGE
LUKE RUSCH GROUNDSKEEPER FORTÉ AT 84 SOUTH
With episode 2152 having just aired, there is plenty of back catalog available to see if it’s up your alley I highly recommend the show to anybody who loves baseball and appreciates in-depth and heart-felt analysis.
ON THE COVER: SPRING AT SEASONS AT ORCHARD HILLS