BTI Partners’ Post

Hudson Valley Property Group and Wheelock Street Capital have made a significant move in the affordable housing sector by acquiring a 22-property portfolio across four states. This purchase, which adds nearly 5,000 units, aims to preserve affordability for tenants earning less than 60% of the area’s median income. As federal subsidies expire, such investments are crucial in addressing the affordable housing crisis. #CommonwealthLandTitle #CommercialRealEstate #TitleInsurance #MarketTrends #AffordableHousing #RealEstate #Investments #HousingCrisis #HudsonValleyPropertyGroup #WheelockStreetCapital #CommunityImpact #LowIncomeHousing

Patterson Real Estate Advisory Group is excited to announce Prime West and Columnar Holdings' closing of preferred equity financing for Traer Creek Apartments, a 242-unit, Class A, podium multifamily development located in Avon, Colorado (Vail Valley). Patterson arranged $73.6 million of preferred equity financing for the project from EB5 Capital. “Prime West has a 40-year track record of successfully developing projects across the Front Range, and we’re thrilled to begin our first multifamily development in the Vail Valley. Avon and the broader Vail Valley urgently need more multifamily housing, and we are proud to be able to deliver 242 much-needed units in partnership with Columnar Commercial,” said Jim Neenan, CEO of Prime West. Matthew Omundson, Managing Director and COO of Columnar Commercial, commented, “We are thrilled to be a part of this truly unique development, in an irreplaceable location. This project would not have been possible without the creativity of Barry Olson and the entire team at Patterson.” Press Release:https://lnkd.in/eMwUCC7k #cre #commercialrealestate #realestatedevelopment #multifamilyrealestate #multifamily

We have officially closed on our acquisition of The Cove! A 355 unit apartment complex located in Murfreesboro, Tennessee. We plan on increasing the net operating income (NOI) by updating units to get them to current market rents and creating operational efficiencies to help keep expenses down. Increasing income and decreasing expenses will result in a higher valuation! Thank you to everyone who invested with us on this project! Looking forward to more investments & partnerships in the future. Feel free to reach out if you are interested in investing or learning about how you can get involved! #realestate #investing #multifamily #passiveincome

Just Closed | 10 Units Next to UOP | Stockton, CA We are very excited to announce the sale of The Fulton Apartments, a Ten (10) unit apartment complex located one (1) mile from the University of the Pacific and less than two (2) miles from the Miracle Mile – Stockton, CA’s main entertainment corridor. The deal was off-market, all cash and closed in 21 days, speaking volumes of the Buyer demand for solid Stockton APT product. This is the 19th APT transaction of 2024 for the Central Valley Investment Team. Great work by Adam Lucatello & Jake King. Mike Goldstein, Randy Dixon I am working on several interesting assignments at the moment. If you’re in the market for multifamily property in the Central Valley, I’d love to connect with you. hashtag #colliers #acceleratingsuccess #centralvalleyrealestate #apartments #apartment #multifamily #stockton #1031exchange #investinrealestate #investinginrealestate #centralvalley #investing #investment #brokerage #centralvalleyinvestmentteam #realestate #sanjoaquin

We are excited to share the successful closing of Allora Georgetown, now rebranded as The Magnolia at Georgetown. Magnolia is a premier, 432-unit multifamily community located in Georgetown, Texas, within the dynamic Ausin MSA, and the first asset of our recently closed Alta Fund I. The Magnolia at Georgetown is a newly built, Class A property (2023), offering residents a blend of luxury, comfort, and convenience. With the high-end amenities, including a resort-style pool, high tech fitness equipment, and beautiful living spaces, we believe this acquisition will serve as a cornerstone investment, setting the foundation for future growth and performance within our portfolio. The acquisition exemplifies our commitment to securing high-quality, well-located assets with strong upside potential. We are confident that this property will deliver consistent value for our investors, while contributing to the overall success of Alta Fund I. We would like to express our sincere gratitude to all our investors, our JV partner in Magnolia, the brokerage team, and friends for the continued support and trust in our team. Your confidence has enabled us to execute on our strategy to provide superior risk adjusted investor returns, and we are excited for even more opportunities ahead. Alta is actively buying, operating, and managing in Texas and the Mountain West. Please fee free to reach out if you have any questions or would like information regarding future opportunities. Alta Real Estate Jake Murray – Jake@altarepartners.com – 801-599-4356 Brennen Jones – Brennen@altarepartners.com – 801-494-7623 #MultifamilyInvesting #Multifamily #MultifamilyRealEstate #MultifamilyHousing #MultifamilyInvestments #Investing #RealEstate #RealEstateInvesting

St. Louis Park-based Big River Real Estate has paid $30.33 million for a portfolio of 1970s and 1980s industrial buildings in Edina and Eden Prairie.

Standard Communities has made waves in the affordable housing sector with a $1 billion acquisition encompassing over 6,000 apartment homes across four states, including Colorado. This strategic move expands their national portfolio to nearly 27,000 homes, providing stable housing for approximately 60,000 residents. With this expansion, Standard enters three new markets: Arizona, Texas, and Colorado, while bolstering its presence in California to nearly 11,000 units. This geographic diversification addresses the growing demand for affordable housing solutions across different high-demand areas. Standard's commitment to improving living conditions, as seen by their pledge to invest over $30 million in capital improvements and deferred maintenance. How do they do this? By taking a multifaceted financing strategy, including tax credit partnerships and nonprofit collaborations For apartment investors, this move by Standard Communities illustrates the potential impact of strategic expansion and diversification on market dynamics. The diverse tenant base of families and seniors emphasizes the broad societal benefit of such investments. How do you think such strategic acquisitions will reshape the landscape of affordable housing in markets like Colorado? #AffordableHousing #RealEstateInvestment #ColoradoApartments #TABOR #MarketExpansion #StandardCommunities #SustainableLiving

Dawson Forest is now CLOSED! Why we love this deal? Dawson Forest is a Class B, Value-Add Asset: ✅ 268-unit property asset located in Atlanta, #1 in the nation for year-over-year rent growth! ✅ 18-22% IRR ✅ >95% Occupancy ✅ 68% Primed for Renovations ✅ Cash-Flowing! Be sure to join our Priority investor list to be the first to learn about new deals. 🔗 Link to sign up and check out our Atlanta deal in the comments! #realestateinvestmenting #passiveinvestment #atlantarealestate #syndications3m

Spring Thaw in the Bay Area Apartment Market! 🏢 While rents are still below pre-pandemic levels, the Bay Area apartment market is slowly warming up this spring! There’s a gradual uptick in activity, signaling a potential recovery on the horizon. Private equity firms, family offices, and 1031 exchanges are leading the charge in apartment acquisitions, sensing opportunity as sellers become more realistic with pricing. In the East Bay, suburban and garden-style properties in upscale suburbs like Walnut Creek, Lafayette, Pleasanton, and Livermore are gaining traction, reflecting a shift in demand post-pandemic. Ready to seize opportunities in the evolving Bay Area market? Contact us today to explore your options and stay ahead of the curve! 📞🏠 Justin Goldberg I DRE 01705028 M: 415-533-9202 #bayarearealestate #apartmentmarket #realestatetrends #springthaw #investmentopportunity #privateequity #familyoffices #eastbayrealestate #realestateagentsf #realestatesf #agentsf #realtorsf #toprealtorsf #sfhomes #sflistings #sanfranciscohomes #luxuryrealestate #california #compass #compasssf #sanfranciscorealestate #compassagents #goldberggroup