Residence des Pins
Excelsa acquired a controlling stake in Residence des Pins, one of the largest developments in Western Algiers. The initial owners were unable to complete the project and Excelsa stepped in with its financial resources and operational expertise. The project is made up of a 428-unit apartment complex, two office buildings, and a sports complex. Excelsa completed and exited the project in 2014.
Le Patio is a 183-unit mixed-use development in Ain Benian, Western Algiers. The project is comprised of a 4-star hotel, an integrated retail area, a large courtyard, and ample underground parking.
Le Patio Hotel
Excelsa is developing a 124-key four-star hotel in the vicinity of the new International Conference Center in Algiers. The hotel will be operated by Groupe du Louvre, a leading French hospitality group. The opening is slated for 2021.
Les Pavillons is a 21-unit gated community project in Cheraga, Algiers. It is one of the only low-rise, low-density developments in urban Algiers. Construction commenced in 2019 and it is expected to be completed in 2020. Most units were reserved prior to launch.
82 Mary Street
The development located in downtown Charleston will deliver 133,500 square feet of Class A office, 6,700 square feet of retail, and a 266 space parking garage. The project is under permitting.
Preservation Development Company
Preservation Development Company (“PDC”) was established to acquire single-family and small multifamily properties primarily in gentrifying neighborhoods on the Charleston peninsula. These properties are renovated and offered for sale.
Calçada do Combro, n.º15 and Calçada da Estrela, n.º122
Excelsa purchased and renovated two small buildings in Lisbon. The buildings have been completed and Excelsa is selling the last remaining units.
Tara Estates is a 14.8-acre land development project located in Newberry, Alachua County, FL. The project is a residential subdivision that will yield 47 construction-ready plots for single-family homes.
Tara Greens is an 8.5-acre land development project located in Jonesville, Alachua County, FL approximately 12 miles west of Gainesville, FL. The project is a residential subdivision that will yield 68 construction-ready plots for attached townhomes.