Traded: Boston’s Post

Here's A Roundup Of Multifamily Deals In Our #Pipeline That Are Attracting JV Equity: 1) South FL #Multifamily - 80's Vintage - Going in 6% Cap - Stabilized 7.5% YOC - Loan assumption allows for positive leverage day 1 2) #Charlotte Multifamily - 2000's Vintage - Going in Mid 5% cap (largely due to high economic vacancy that could be cured quickly - Stabilized 7% YOC - Loan assumption allows for positive leverage day 1 3) #Atlanta Multifamily - 2000's Vintage - Going in Low 6 Cap - Stabilized mid 7% YOC - No loan assumption 4) #Jacksonville Multifamily - 2010 Vintage - Going in 5.5% cap - Stabilized mid 6% YOC - Loan assumption allows for positive leverage day 1 We are also currently working on a couple of deals that are of an older vintage, which are attracting preferred but not JV Equity. The above trend shows that institutional JV equity is finally back off the sidelines, especially for newer vintage Multifamily deals with positive leverage going in. Zach Murphy Jason Wisotsky Charlie Vasbinder Eduardo Viesca Yossi Levi Shimshi Kronglas Clarence Wong, CCIM

Single-family rental/build-to-rent homes, which boast strong rent growth, high tenant retention, and low maintenance costs, have been delivering substantial returns in an economic environment where renting is more affordable than homeownership. Find out why more investors today are pursuing flexible build-to-rent loans: We are pleased to announce the closing of a build-to-rent development project located in 🤙 Southern California 🏄♂️. BTR communities have witnessed remarkable growth and performance in recent years drawing increased attention from institutional investors. Arbor’s competitive pricing, leverage, and ability to accommodate complex borrower structures is what makes Arbor a leader in this alternative asset class.  #sfr #singlefamilyrental #sfrealestate #buildtorent #arbor #constructionloan #arborrealtytrust

One reason we chose Midwest markets..low volatility. This is a lesson we learned coming out of the great recession.. However lower volatility can sometimes equal lower growth... Similar to how bonds and equities (stocks) are supposed to work... Can you handle a steady Eddie market and lower more stable returns..or do you want quick growth, with higher risk but more opportunities to possibly churn your money..it's up to you and your appetite for risk. Putting aside the distress theme, this map also puts alot of context in how you might also consider the growth patterns of a region in your overall real estate investment strategies...thanks Reid Bennett, CCIM this is a good one.

In the wake of rising multifamily delinquencies and distressed transactions, the current market in Los Angeles presents a unique opportunity for savvy investors. Recent reports highlight significant distress in key areas such as Van Nuys and downtown Los Angeles.  With multifamily developers facing a brutal year in 2023 due to high construction costs and significant increase in rates,, the landscape on office and mid construction projects is reminiscent of the 2008 financial crisis, offering potential for substantial returns as The region is dealing with $433 million in outstanding commercial property distress and another $2.9 billion in potential distress Innova Capital has started to witness the beginning challenges of developers giving back properties to debt funds and lenders. We have toured and made offers on mid development projects that have stalled due to lack of funding. These challenges also present opportunities for strategic investments. By leveraging our relationships, we have access to distressed assets before they go onto the market and have dealt directly with the lenders. As the market adjusts, those who recognize and seize these opportunities will be well-positioned for success. Let’s connect and discuss how we can make the most of this evolving landscape. #RealEstate #Investment #MultiFamily #DistressedAssets #Opportunity #LosAngeles https://lnkd.in/g6kKWP-a

File Under: Repositioning For Success. Under-rented and in need of minor updates, this eight-unit Norwich, Connecticut property was in need of some seasoned TLC that only a savvy, experienced investor could provide. Enter our repeat borrower who partnered with A&S to purchase the property at a deeply discounted $650k and then invest $75k in rehab. The result? The property is now able to compete with similar multifamily properties, provide much-needed quality housing, and increase rents to market levels, raising its stabilized value to just over $1 million. Onto the next! Talk to the decision makers ➡️ https://lnkd.in/emiJPkSM #realestateinvesting #realestatefinance #multifamilyinvesting #flippinghouses #norwichct #connecticut #propertyvalueincrease #investmentstrategy

An uptick is ticking. #ThursdayCRE #CommercialRealEstate #CommercialDebt #CommercialInsurance In fact, the arrival of summer has seen an uptick in multifamily investment sales activity in the market. A bevy of recent transactions in South Florida includes Chicago-based Mesirow's purchase for $89M of The Retreat at Sawgrass Village, a 325-unit apartment complex near the Sawgrass Mills mall in Sunrise. The Retreat, which includes a five-story building and three one-story buildings at 3001 Northwest 130th Terrace, was sold by AMLI Residential. The acquisition was financed with a $71M loan from Equitable Financial Life Insurance Co. NY-based Pantzer Properties paid $139M last month to acquire AMLI Doral, a 6.4-acre garden-apartment complex at 11481 Northwest 41st Street in Doral. JLL Real Estate Capital provided Pantzer with an $87.6M mortgage for the property, which will be renamed The Point at Lakeside, according to a press release. #SourcingAndSelling #SellingAndSourcing #Retwit #2024 ~ If you have real estate, and you are willing to entertain offers, have debt to refinance, or in need of insurance for your properties, reach out to me with the details: [email protected] 305.203.2070 ~ Contact Us for Commercial Investments, Financing and Insurance. ~ Multifamily, Industrial, Hotels, Office, Retail, Development Sites, Plus. #ListWithLance #LanceLoans #LetLanceInsureYou #CRE #Owners #InvestmentProperties #Multifamily #Industrial #Hospitality #Retail #Development #Construction #Commercial #CommercialTransactions #CommercialFinance #CommercialInsurances #CommercialTitleAndClosing #CommercialProperty https://lnkd.in/gjeU-nsU

🌴 Tortoise Realty Group: Navigating CRE Challenges into 2024 in Palm Beach County 🌴 As we approach the new year, Tortoise Realty Group is poised to lead the way in commercial real estate (CRE) investments for 2024 in Palm Beach County. If you're an owner facing the challenge of a maturing loan in the office or multifamily sectors, you're not alone. In fact, per the National Bureau of Economic Research, about 44% of office property owners are currently underwater on their loans. We're here to offer strategic solutions in these complex times. 🏢 Specializing in Distressed Opportunities: Our focus is on assisting owners of office and multifamily properties who are grappling with impending loan maturities and financial distress. With the readiness to deploy millions in capital, we aim for quick and efficient closings, providing a lifeline to those in need. 📈 Preparing for 2024's CRE Landscape: Amidst the challenges of refinancing due to high interest rates, we're keeping a close eye on potential Federal Reserve rate cuts in 2024. Our approach is not just reactive but proactive, offering immediate financial interventions and strategic support in Palm Beach County. 💼 Engagement with Investors & Developers: We invite investors and developers to partner with us in identifying and transforming these distressed properties. Our goal is to turn these financial challenges into successful and sustainable investments, positively impacting both property owners and the broader community. 🙌 Our Commitment at Tortoise Realty Group: Beyond mere investment, we serve as a crucial partner for property owners in these trying times. Our expertise and resources are dedicated to navigating and overcoming CRE challenges, ushering in a prosperous 2024. 📱Join Us in Shaping 2024's CRE Success Stories: If you're poised to take decisive action in the CRE sector, we're here to facilitate that journey. Reach out to Tortoise Realty Group to discover how we can collaborate to effectively address maturing loans and financial challenges in Palm Beach County's real estate market. Reach out to Managing Brokers Robert Anderson @ 561-758-2588 or Clayton Idle @ 561-601-9177 to discuss! Log onto https://buff.ly/46dGc2f to learn more about the firm. #TortoiseRealtyGroup #CREInvestments2024 #FinancialRescue #PalmBeachCounty #StrategicSolutions

Chicago Office Building Returns to Lender with Value Slashed to Just 44% of Loan! The office tower at 2 N. LaSalle St., a 26-story, 709,000-square-foot property, recently made headlines after being returned to the lender via a deed in lieu of foreclosure. With a $137 million CMBS mortgage serviced by Torchlight Loan Services and an implied loan balance of approximately $193 per square foot, the building’s financial struggles have culminated in a stunning devaluation. As of August 2023, the property’s appraised value dropped to $60 million—just 44% of the loan amount. Despite the turmoil, the City of Chicago, which occupies nearly half of the building, recently extended its 15-year lease, bringing some stability to the asset amidst the crisis. #CommercialRealEstate #CMBSLoan #Foreclosure #ChicagoRealEstate #OfficeMarket #RealEstateValuation #PropertyInvestment #LeaseExtension #CRE #DeedInLieu #TorchlightLoanServices 📸: JLL

Here is a live quote matrix for multifamily construction in Austin, which can also be applied to Houston, Dallas, and any large city really. Which option would you choose? It depends on your tolerance for leverage vs. rate vs. non-recourse. And one wild card - Lender A has a roll to perm loan option at C of O, 0% occupancy. Pref. equity can be added to each option up to 80-85% LTC, and we place pref. too if desired. There are 8 more lenders competing but we narrowed it down to the top 3. Which option would suit your strategy? I have multiple deals similar to this and borrowers have picked each similar option. #commercialrealestate #cre

***NEW DFW MULTIFAMILY INVESTMENT OPPORTUNITY***   ACCREDITED INVESTORS ONLY - This is a Reg D 506(c) Offering. We are excited to announce the subscription period is now open for Lakeside Village! Lakeside Village is a 76-unit apartment community in Wylie, Texas, held by the same ownership group for the last 12 years, providing an opportunity to bring value-add upside through unit renovations and an exterior refresh at a very low basis compared to its sales comps. Additionally, we have secured a long-term, fixed interest rate, loan with four years of interest-only payments, mitigating future interest rate risk, and providing an opportunity to take advantage of any potential interest rate drop with the loan’s flexible prepayment structure. If you are interested in this opportunity, please fill out the form in the link below and a member of our team with reach out right away with further information and instructions. https://lnkd.in/g8UNtX7Z    WHY WE ARE EXCITED ABOUT THIS DEAL: -Locked in 10-year loan term with a fixed interest rate (6.22%), 4 years of interest-only payments, and a flexible loan prepay should rates drop -Potential built-in equity as a similar vintage and size property a quarter mile away sold in April 2022 for $62K/unit more than Lakeside Village is contracted to be purchased -62% of the units are large two-bedroom units and across the street from elementary school, both ideal for families and retention -Large floor plans with an average size of 850 SF -Current residents carry $0 of delinquency and the average occupancy is 98% over the last year -Cashflowing Day 1 of ownership without any value-add improvements #investing #multifamily #apartments #realestate #multifamilyinvesting #apartmentinvesting #cashflow #passiveincome #passiveinvesting #realestateinvesting #wylie Kurt Jordan Kevin Skiles