Ryan Dietrick Assists in Disposition of $15.2M Student-Housing Portfolio
Sales & Leasing News at Dietrick
$15.2M STUDENT-HOUSING PORTFOLIO SOLD NEAR LEHIGH UNIVERSITY
Dietrick Group’s Ryan C. Dietrick served as the primary consultant for Grist Mill Development Company, LLC, in the disposition of a $15.2 million portfolio of student-housing near Lehigh University on Bethlehem’s South Side. The 50-building portfolio, comprised of 108 units with a total of 394 beds, primarily serves the students of the surrounding area.
The disposition included the sale of 506-512 Thomas Street, Bethlehem, a mixed-use apartment and office building, which served as Grist Mill Development Company, LLC, Headquarters.
Dietrick represented Grist Mill Development Company, LLC, in the purchase of its new headquarters, situated at 1013 Brookside Road, Allentown.
To request more information on this or any other Dietrick news and events or to schedule an interview with partners Kelly L. Berfield, Ryan C. Dietrick or another member of the Dietrick team, contact Kelly-Anne Rohrbach by calling 610-391-8888 or by email at firstname.lastname@example.org.
For more information about Dietrick visit www.dietrickgroup.com.
About Dietrick Group: Dietrick is a full-service real estate services firm with a focus on commercial sales and leasing, appraisal and property management. Dietrick Group’s business model is straightforward and has not changed since the day it opened its doors: stay focused on our core strengths and the markets we know best. Established in 2006 on the foundation of our unwavering commitment to establish and maintain long-term relations, it is the trust and loyalty of our clients that has been the hallmark of our past success and, more importantly, the reason for our optimism and confidence in the future.
Linda L. Dietrick(Managing Partner/Director of Appraisal):
As Managing Partner, Ms. Dietrick’s oversees all company-wide activities and initiatives. Additionally, her expertise places an emphasis on the analysis and sale of income-producing and investment-grade properties with a concentration and specialization in the valuation, development and subdivision of land. Ms. Dietrick attended Kutztown University in Kutztown, Pennsylvania and continued her education at New York University’s Real Estate Institute in New York, New York and Schlicher-Kratz Institute of Real Estate in Lansdale, Pennsylvania. Ms. Dietrick is recognized as an expert in the field of commercial and investment real estate as a designated CCIM (Certified Commercial Investment Member). She is the former President of CREW Lehigh Valley, a commercial real estate women’s network, and is an Associate Member of the Appraisal Institute (AI), Society of Industrial & Office Realtors® (SIOR) and the Institute of Real Estate Management® (IREM). Linda is also the 2010 recipient of the 7th Annual Crossing Borders Award and the 2008 recipient of the Lehigh Valley SUITS Commercial Real Estate Award.
Kelly L. Berfield(Partner/Broker of Record):
Ms. Berfield supervises Dietrick Group’s sales and leasing department to ensure proper operation of all of its brokerage efforts. Ms. Berfield received a Juris Doctor and a Master of Studies in Environmental Law from Vermont Law School. Kelly received her Bachelor of Arts degree at Monmouth University in West Long Branch, New Jersey. Kelly has been a licensed Pennsylvania Real Estate Salesperson for more than 15 years and received her Broker’s license in 2007. She has been practicing real estate law in New Jersey since 2001. She was appointed to the Board of Directors for Habitat for Humanity of the Lehigh Valley in 2012. Kelly also teaches real estate courses at Lehigh University.
Ryan C. Dietrick(Partner/Director of Sales and Property Management): Mr. Dietrick oversees sales and outside marketing efforts for all development projects, cultivates and maintains client relationships and negotiates acquisitions and land development opportunities for client portfolios as well as Dietrick Group’s portfolio. He attended Moravian Academy in Bethlehem, Pennsylvania and Monmouth University in Monmouth, New Jersey. Prior to opening the doors to Dietrick Group, LLC in 2006, he was Partner of Dietrick Group Consulting and a Sales Representative at Verizon Wireless. A licensed Pennsylvania Realtor, Mr. Dietrick also has his ACOM designation from the Institute of Real Estate Management (IREM). He is an active participant in Moravian Academy’s Summer Bridge program as a member of the Moravian Academy Alumni Board and Marketing Committee.