Billy Anderson’s Post

The multifamily construction market in Atlanta has been thriving, driven by a growing population and strong economic prospects. Developers are actively responding to high demand with diverse projects, including luxury apartments, affordable housing, and mixed-use developments, particularly in revitalized areas like Midtown, Buckhead, and Westside. Atlanta ranks 5th in Metro 2024 completions, with roughly 21,000 Class-A units coming online, representing a 3.7% year-over-year change. However, affordability remains a challenge due to rising construction and land costs. Sustainability trends are also on the rise, with energy-efficient designs and eco-friendly materials becoming more common. Despite potential challenges like interest rate fluctuations and supply chain disruptions, the outlook for multifamily construction in Atlanta remains positive, offering exciting opportunities for growth and investment. #RealEstate #MultifamilyConstruction #AtlantaMarket #PropertyDevelopment #UrbanRevitalization #SustainableLiving #RealEstateInvestment #HousingMarket #ClassAUnits #ConstructionTrends #EcoFriendlyLiving #UrbanDevelopment #InvestmentOpportunities #GreenBuilding #MarcusandMillichap #MultifamilyRealEstate #CapRates #TreasuryYields #InvestmentStrategy #RealEstateTrends #MarketAnalysis #PropertyValues #RealEstateInvestment #YieldSpread #EconomicTrends #InvestmentOpportunities #RealEstateFinance #MarketDynamics #InvestorSuccess #GrowthOpportunities The MSJ Multifamily Group of Marcus & Millichap

A breakdown of one of our many potential conversion investments for our Australian Investment Syndicate: Salt Lake City, Utah 125,000 Square Feet of 100% vacant office space Class A Commercial and at a 48% cash discount against the appraised value. If we did no work on this building, we would make a 90.4% immediate equity gain on our capital upon acquisition. However, that's not how our group works. This asset is PERFECTLY positioned next to a hospital, and multiple tech company buildings, meaning as an office building this building would never be able to generate enough YOY revenue, however, as a conversion, this gives us a new multifamily asset with over 170 freshly developed luxury units. Charging $2000 rent per unit would generate $4.1M per year in revenue, around a 25% return per year after conversion capital has been deployed. If we collect income on the property for 10 years, then sell at the original appraised value (not counting newly freed equity and gain), we would generate a net return of 314.4%, or 250% if we choose not to sell. Negative real estate markets aren't a burden, they're an opportunity if you're resourceful. Think outside of the box and acquire the labor of those who didn't. #commercialREI #commercial #commercialrealestate #realestate #conversion #realestateanalytics

The SF Bay Area’s commercial real estate market is seeing a surge in private investor activity. With institutional players pulling back, private investors are capitalizing on opportunities in multifamily housing, retail, and industrial spaces. Their local expertise and long-term focus are reshaping the market, proving that agility is key in today’s evolving landscape. How are you positioning yourself to thrive in these changing times? Are you agile enough? DM to explore opportunities. #BayAreaRealEstate #CREInvesting #MarketTrends #SanFrancisco #CRENews

What does it take to turn an ordinary property into a profitable investment? We recently closed on the Overlook Apartments in a suburb of Atlanta, GA, and this project is a perfect example of our strategy in action.  The property consists of 64 classic units, which is exactly what we look for. Think of it like flipping a house, but on a larger scale. By renovating these classic units, we can significantly increase their value. The best part? We have efficient processes and a skilled construction team, allowing us to complete these renovations in under two months, including major upgrades like roof replacements and exterior updates.  The key to our success is leveraging our scale. With larger projects, we can afford higher payrolls for construction managers and negotiate better deals with contractors. This not only speeds up the renovation process but also ensures higher quality work. Plus, when you spend more, you have more leverage to get additional perks and faster service from construction companies.  This approach gives us a competitive advantage in the market. By transforming properties quickly and effectively, we can achieve substantial returns for our investors. The Overlook Apartments is set to be another success story in our portfolio. Want to learn how you can get involved?  So thanks to all our investors just got in on this deal. We look forward to catching you guys in the next one. Just closed on Overlook Apartments. Shoutout to all our investors – this one is going to be a WINNER!  Don’t miss out on the next deal – join the investor club today! nighthawkequity.com Link in bio.  #MultifamilyInvesting #PropertyFlipping #RealEstateSuccess #passiveincome #financialfreedom #passiveinvestor #mailboxmoney #apartmentinvesting #apartmentsyndications #realestateinvesting #multifamilyrealestate #alternativeinvestments #valueadd #realestatestrategy

I was asked this question recently: "With regard to commercial real estate, with all the empty buildings from the corporate movement to work from home now, what are buyers buying? Why would they be interested in these buildings? It seems to me that the one main focus that will always attract revenue will be in multifamily housing." 💡Let's break it down: Commercial real estate typically falls into 5 categories: 1. Office 2. Retail 3. Industrial (storage, flex space, warehouses, distribution centers) 4. Hospitality (hotels, motels, event spaces) 5. Residential (multifamily, RV parks, mobile home parks, etc.) Our take? Be cautious with office and retail unless you're a pro. We always say: invest in what you know. 🤔 Everyone gets what it's like to live somewhere, so residential is more intuitive than other CRE types. Plus, people keep multiplying, and they all need a place to crash. That's why we're big on multifamily: 💲Easy to get loans 💲You already understand the basics 💲 High demand for the long haul What do you think? Is Commercial Real Estate doomed? Drop your thoughts below!

Converting Office to Industrial Space is Picking Up Steam: Brian Smith of JLL weighs in on the trend, via GlobeSt.com One of the growing trends in #commercialrealestate is converting vacated #office space into #industrial use. Since the onset of the pandemic, more #employees have been working from home. While office vacancies in some markets are recovering, it's still nowhere close to 2019 levels. Of course, CRE #developers have noticed that trend and are getting creative. During the year-to-date through August, a recent #JLL report shows that 17.3 million square feet of office space has been converted into other property types in the country. And since the 1990s, that number has exceeded 150 million SQFT. Also, according to the data, multi-family has dominated the trend from 2021-2024, controlling 53 percent of project redevelopments and conversions. However, industrial is emerging, nearly doubling from just four percent during 2010-2019 to seven percent between 2021-2024. "Industrial really has been, the star of all the different sectors coming out of Covid, especially in metropolises that are super high density, like South Florida," Brian Smith, executive managing director/SFL industrial lead of JLL, tells GlobeSt. "There was such a constraint on land, so there was a lot of pressure put on products. The result was rents skyrocketed, [and] pretty much doubled in two years. So developers were forced to start to get creative and look for land anywhere they could." Schwartz Media Strategies Audley Bosch Sky Groden, SIOR Law.com

Apartment Construction in 2024: Phoenix vs. Chicago A study by RentCafe shows that Phoenix ranks 4th in the nation for new apartment units in 2024, adding 20,141 new apartments this year alone. By 2028, Phoenix is expected to add over 60,000 units, driven by rapid growth in industries like finance, semiconductor, and battery manufacturing. On the other hand, Chicago is absent from this list, reflecting the historically low number of apartment starts in the city. As developers redirect priorities due to high construction costs and interest rates, we see different dynamics play out across the country. New supply remains limited in the Midwest, particularly Chicago, leading to potential rent growth as demand outpaces supply. https://lnkd.in/d4viQNZh #RealEstate #Investing #Multifamily #Phoenix #Chicago #Sunbelt #Midwest #BrenemanCapital #RealEstateTrends #MultifamilyDevelopment #MarketUpdate

While some sectors still face challenges, positive momentum in industrial and multifamily spaces is driving optimism. This shift reflects a broader stabilization in the economy and renewed investor confidence. No matter what your path is when it comes to CRE, you need a professional expert on your side. Call St. Louis Title today at 314.480.4575. #STLcre #commercialrealestate #saintlouiscre

Connecticut (CT) commercial real estate market: *Market Trends* 1. *Growing demand for industrial space*: Driven by e-commerce and logistics growth, Connecticut's industrial market is experiencing low vacancy rates and rising rents. 2. *Office market stabilization*: After a period of decline, Connecticut's office market is showing signs of stabilization, with steady demand and limited new supply. 3. *Multifamily market strength*: Connecticut's multifamily market remains strong, driven by demand for housing and limited new supply. *Key Statistics* 1. *Vacancy rates*: - Industrial: 4.5% (Q2 2024, 2. *Average rents*: - Industrial: $12.50/SF 3. *Office rents* $25.50/SF 4. *Sales volume*: $1.3 billion (Q2) Developments* 1. *The SoNo Collection*: A 700,000 SF retail and office development in South Norwalk. 2. *Stamford's Harbor Point*: A 3.5 million SF mixed-use development featuring office, residential, and retail space. 3. *Hartford's Downtown North*: A 1.5 million SF mixed-use development featuring office, residential, and retail space.

Did you know that Phoenix ranks No. 2 in the U.S. for real estate development over the last 50 years? From flourishing single-family homes to rapidly growing multifamily units and a booming industrial sector, the city is a growth powerhouse. With over 215,000 single-family building permits issued and the best-performing decade for multifamily construction underway, Phoenix is shaping the future of real estate. #RealEstateDevelopment #PhoenixRealEstate