Florida’s major metros continue to see a significant population boom and strong multifamily deliveries. The need for first-rate retail space to support Florida’s growth is evident. As seen in the graphic below, hundreds of residential projects are delivering throughout Florida in 2024 and only a handful of major retail developments. Longline remains active in this space and recently closed a construction loan for the development of a grocer- anchored retail center in Brevard County, Florida, scheduled to deliver early 2025. Longline is a firm believer in the need for retail and is actively pursuing opportunities to support this growth. Longline will be at ICSC Las Vegas on May 19-21. Please reach out to discuss how we can provide capital solutions to fund your next project. See you in Las Vegas! #realestate #lending #realestatelending #realestatelender #lender #RE #realestatefinance # #investmentmanagement #privatecredit #pref #preferredequity #seniormortgage #construction #acquisitionfinancing #fixedrate #floatingrate #sofr #ICSC #retail #shoppingcenters #development #vegas #lasvegas #florida #southeast
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| INVESTMENT • INSIGHTS | "BUILD-TO-RENT"...The New Normal? The BTR value proposition is becoming increasingly attractive as the reality of a Higher-For-Longer interest rate environment settles in. The BTR sector has seen an infusion of new investment and resultant growth on a national / institutional level. On a local level we're experiencing acquisition premiums escalating to the point where builders are willing to pay above market prices and rent once construction is completed should resale value not pencil out. Hines Senior Managing Director Michael Harrison told Multifamily Dive. “As an asset class, renters by choice are an important and growing segment of the population, including those who would prefer to rent detached and attached single-family dwelling units.” Be sure to check out The Preston Team's listing at 80 Fox Street located in the highly walkable and amenitized community of Black Rock - Bridgeport, CT. A rare opportunity to build and own a prized multifamily asset situated squarely in the path of growth. • • • • The Preston Team at Keller Williams 276 Post Rd W, Westport, CT 06880 Licensed | CT & FL #buildtorent #interestrateenvironment #investment #growth #builder #construction #assetclass #rent #blackrockrealestate #marketinsights
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🏗️ Exciting Developments in Atlanta’s CRE Scene 🏗️ The commercial real estate market in Atlanta continues to evolve with transformative projects and notable transactions. Here are some highlights shaping the city: 🌟 Star Metals District Expansion -The Allen Morris Co., in partnership with Animal, is set to break ground on Phase II of the Star Metals District in 2024. The 1.5M SF mixed-use development will feature: 800 residential units 100K SF of retail space A 200-room hotel A proposed 30+ story apartment tower could make it the tallest building in West Midtown. 🏘️ Major Developments Underway -Landmark Properties is under contract to develop a 560-unit student housing tower on The Varsity’s Midtown property. The project would provide 2,000 beds while preserving The Varsity’s operations. -Toro Development Co. is breaking ground on the $560M Medley mixed-use project in Johns Creek this December, which includes 150K SF of retail, 750 apartments, and a 25K SF plaza. -Horizon Hospitality Management plans to introduce Atlanta's first Motto by Hilton at 524 W. Peachtree St., featuring 221 units near Emory Midtown Hospital. 💰 Financing Milestones -Galerie Living secured $140M to fund Corso Atlanta, a 203-unit senior housing project in Buckhead. -Regent Partners and Mariner Group refinanced the luxury Thompson Savannah hotel with a $50M nonrecourse loan. 🏢 Key Sales -The Atlanta BeltLine Inc. acquired the former Elleven45 Lounge property for $11M, advancing the BeltLine's 22-mile pedestrian pathway. -Noonday Business Center in Kennesaw was sold for $8.2M, marking another strong transaction in the suburban office market. 🏬 New Leases -Ollie’s Bargain Outlet is expanding with a 25K SF lease in Sugar Hill. #AtlantaRealEstate #CRE #Development #UrbanGrowth #InvestmentTrends #biznow https://lnkd.in/dADp32jA
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🔍 **The Biggest Secret Shop in Westchester County Multifamily Real Estate!** 🏢 We went undercover to shop EVERY apartment community in #whiteplains #yonkers #newrochelle #portchester #mtvernon and anywhere else in #westchestercounty Here's a sneak peek of what we learned 🌟 Customer Service Excellence: Communities that had leasing agents with personality and charisma had significantly higher lease conversion rates. 📔 Take Home Marketing Materials Matter: Properties that provided tours with takeaway materials saw higher engagement in follow ups. 💵 Concessions are rampant: You have to compete but at what point do you push back against market? Ready to see where your community stands? Let’s chat about the latest trends and how to boost your property's appeal. Share your thoughts and experiences below! #RealEstate #Multifamily #PropertyManagement #Investments #CustomerService #MarketTrends #SecretShop #RealEstateInsights ✨ Elevate your property’s leasing game! Contact The Leasing Experts (Multifamily Market Makers) to learn how our communities are leasing faster than anyone else!
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A rental company based in NY purchased $7M worth of building lots in Franklin and Harnett County. The housing price point of each area was $350k or less. Triangle Business Journal indicated that it was "unclear why" the investor was focusing in those areas. The median sale price of a home in the Raleigh area is currently around $425k. Homes in the markets adjacent to Raleigh are appreciating faster than those in Raleigh (for the most part). Appreciation, like interest, has a compounding effect. If a large entity has a low borrowing cost, can get sites to build rentals near Raleigh, at 75% of Raleigh's current value, then they are in a very solid position for a solid return via appreciation. If the lending was set up properly, then they may even throw off enough cash to cover the note. Expect to see more institutional investor activity and build to rent activity in Raleigh's sub markets. TBJ article in comments. #Realestate #Realtor #Raleigh #PropertyManagement #Realestateagents #Economics #Raynorrealty #RaleighRealEstate #realestateinvesting #landlord #rental #Rentalproperty #1031Exchange #1031 #CRE #RaynorRealtyNC
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New assets for sale in San Francisco Bay Area three day update! DM or call Nexxus at 408-766-4771 to sell your business or commercial real estate. FedEx ground routes: 18 routes in Hayward for $3m making $878k profits & 5 routes in San Francisco for $887k making $246k profit. Industrial: 1190 to 1214 Norman Ave Santa Clara is 26 units totalling 20,160 sf industrial space & is 100% leased. Asking $9.26m for $532k profit 1250 to 1262 Norman Ave also for sale for $4.32m for $248k profit Multifamily update: remember that income properties can help pay for themselves and qualify for loans! 301 Lenox Ave Oakland is 32 units, 91% occupied, asking $6m for $368k profit. 342 Spruce St San Francisco is 9 units, 4 vacant, asking $7.55m for $345k profit 721 Mellus St Martinez is 10 units, 80% occupied, asking $2.4m for $130k profit 459 Wayne Ave Oakland is 4 units recently renovated. Used as medium term furnished rentals, the sale can include furniture. Asking $1.6m for $81k profit. It is entitled for a 20 new apartment units. 807 to 813 37th Ave San Francisco is 5 units, fully rented making $50k profits asking $1m flat 71 Sunset Ave Suisun City is 22,364 sf retail built in 2024, leased NNN to Tractor Supply for 16 years with options to extend to 2060. Asking $9m for $449k profits Kaiden Degas DRE# 02103217 eXp Commercial of California, Inc #businessbroker #sfbayarea #commercialrealestate
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Buckle up...the roller coaster ride is not over for commercial property owners and investors. Need creative solutions and cost-saving measures? Here are 6 worthy commercial real estate trends shaping the industry's future. #CommercialRealEstate #propertyowners
6 Trends Defining the Future of Commercial Real Estate
cbiz.com
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Buckle up...the roller coaster ride is not over for commercial property owners and investors. Need creative solutions and cost-saving measures? Here are 6 worthy commercial real estate trends shaping the industry's future. #CommercialRealEstate #propertyowners
6 Trends Defining the Future of Commercial Real Estate
cbiz.com
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RBC Capital Markets Realty Inc. and Scotia Real Estate Inc. are pleased to offer for sale a 100% freehold interest in the American Business Park Portfolio (collectively the “Portfolio” or “American Business Park”), an institutionally owned and managed portfolio comprising 560,253 sf of industrial, flex industrial and office space across 13 individual buildings. The Portfolio is situated on a 33-acre land parcel located east of Toronto Pearson International Airport and offers direct access to 400-series highways, major employment nodes and key logistics infrastructure. As the surrounding area continues to evolve with the construction of the Pearson Transit Centre, the Portfolio provides a compelling income profile with the opportunity for longer-term redevelopment strategies. American Business Park includes a variety of space types and unit configurations that appeal to a broad mix of tenants and have contributed to strong historical occupancy and retention. The Portfolio is currently 95% leased to 51 tenants which deliver major diversification benefits in terms of size, unit features and industry sector. An investor can also capitalize on significant mark-to-market opportunities with average in-place rents approximately 28% below market rents and an overall WALT of 3.9 years. For more information, please contact David Tweedie, Peter Zorbas, Keith Chan, Colm Kenny, CFA, Kevin Graham, Jing Qi Zhou or Zachary Mandel.
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FCRC Real Estate Trend Tuesday: 2025 Rental Market Predictions: 14 Property Management Trends to Prepare Your Business For Some of the rental market trends that Buildium has uncovered highlight the continuation—and intensification—of conditions that gained traction in 2024. Others, however, are emerging for the first time and could significantly reshape the market in the year ahead. Among these are a rising interest in property acquisitions by rental owners and a projected decrease in multifamily construction activity as we move into 2025. Whatever the coming year may bring, we invite you to read up on some of the insights that will help you stay ahead. **Link to the complete article: https://lnkd.in/ett-3pYY At First Cambridge Realty Corp., we’re committed to providing competitive pricing that makes quality living accessible; and we’re dedicated to creating a community where our tenants truly feel at home. At FCRC, your satisfaction is our priority, and we’re here to make every interaction a positive and meaningful one. ----> Here is the link showcasing all of our residential rental properties: https://lnkd.in/ezK5-EM8 ________________________________ Founded in 1966, First Cambridge Realty Corp. is a diversified and talented team of professionals who have tremendous experience in attending to our clients' needs, and we employ our own maintenance and construction teams to work on all our properties. 617.999.2287 https://fcrcorp.com/ #realestatetrendtuesday #firstcambridgerealtycorp #metrowest #brookline #cambridge #falmouth #newton #residentialrealestate #residential #residentialapartments #commercialrealestate #commercial #bostonmarket #fcrcorp #properties #boston #superiorpropertiesingreaterboston #familyowned #realestate #realestaterentals #apartments #cambridgeapartments
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Buckle up...the roller coaster ride is not over for commercial property owners and investors. Need creative solutions and cost-saving measures? Here are 6 worthy commercial real estate trends shaping the industry's future. #CommercialRealEstate #propertyowners
6 Trends Defining the Future of Commercial Real Estate
cbiz.com
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