Rosewood Realty Group’s Post

Check out this #CaseStudy about a recent closing! $84,000,000 |  6450 Crescent Way, Norfolk, VA The historic 400-unit property at 6450 Crescent Way, Norfolk, VA, built in 1911, recently sold for an impressive $84 million. Spanning 455,200 square feet, it drew considerable interest due to its strategic location and flexibility. The per-unit price of $210,000 illustrates the rising demand for well-located, multi-functional urban properties. Facilitating this transaction, Rosewood Realty Group leveraged their profound market insight and extensive network, ensuring a smooth and efficient process. Their adept handling of the deal underscores the growing trend of investing in mixed-use buildings, reflecting the market's acknowledgment of their high value and promising returns. Contact our team: Aaron Jungreis at aaron@rosewoodrg.com David Wildes at david.w@rosewoodrg.com To work with us or for more information, email us at info@rosewoodrealtygroup.com. #rosewoodrealtygroup #rosewoodrealty #competitive #advantage #newyork #commercialrealestate #nycCRE #acquisitions #realestate #NYC #NYRealEstate #multifamily #mixeduse #industrial #office #retail #Rosewood #RealEstate #newyorkCRE #CRE #NYCCRE #NYCRE #development #BRONX #BronxNY #closed #deals

Check out this #CaseStudy about a recent closing! $2,200,000 | 1412 Franklin Avenue & 1359 Webster Avenue, Bronx, NY The properties at 1412 Franklin Avenue & 1359 Webster Avenue, Bronx, NY, sold for $2,200,000. These two walk-up buildings, comprising 29 apartments across 19,688 square feet, underscore the market's recognition of their potential. With a price per square foot of $111.74 and a price per unit of $75,862, the sale demonstrates strong interest in well-located, versatile properties. The impressive cap rate of 8.73% and GRM of 6.4x further highlight the investment potential of these urban multi-functional assets. Facilitating this transaction, Rosewood Realty Group leveraged their profound market insight and extensive network, ensuring a smooth and efficient process. Their adept handling of the deal underscores the growing trend of investing in mixed-use buildings, reflecting the market's acknowledgment of their high value and promising returns. Contact our team: Aaron Jungreis at aaron@rosewoodrg.com Ben Khakshoor at ben@rosewoodrg.com Reouven Elharar Elharar at relharar@rosewoodrg.com To work with us or for more information, email us at info@rosewoodrealtygroup.com. #rosewoodrealtygroup #rosewoodrealty #competitive #advantage #newyork #commercialrealestate #nycCRE #acquisitions #realestate #NYC #NYRealEstate #multifamily #mixeduse #industrial #office #retail #Rosewood #RealEstate #newyorkCRE #CRE #NYCCRE #NYCRE #development #BRONX #BronxNY #closed #deals

Rosewood Realty Group stays informed on the latest developments in commercial real estate across all boroughs. Today, we'll discuss the boost to Manhattan's leasing market as companies bring employees back to the office. However, a recent mid-year report warns of significant challenges in the office sector. The report identifies persistent risks, distress, and higher interest rates impacting loan performance. Two key concerns are maturity risk and lease rollover risk for maturing loans. Let's explore how these factors shape the current office sector landscape. Swipe through ➡➡➡ To work with us or for more information, email us at info@rosewoodrealtygroup.com. #rosewoodrealtygroup #rosewoodrealty #competitive #advantage #newyork #commercialrealestate #nycCRE #acquisitions #realestate #NYC #NYRealEstate #multifamily #mixeduse #industrial #office #retail #Rosewood #RealEstate #newyorkCRE #CRE #NYCCRE #NYCRE #development

$331M in Miami. #ThursdayCRE #CommercialRealEstate #CommercialDebt #CommercialInsurance Longpoint Partners acquired a 26-building industrial portfolio in South Florida for $331.3 million. The 1.4 million-square-foot portfolio is located across Miami-Dade, Broward and Palm Beach counties. These acquisitions follow Longpoint’s purchase of a 25-building industrial portfolio in the Miami and Fort Lauderdale MSAs for $260 million in December of 2023. #SourcingAndSelling #SellingAndSourcing #AreYouReadyToSell #Q4 #CanCloseIn2024 #Countdown #LessThan90Days ~ 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: Lance@RealtyByLance.Com 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 #CommercialProp ~ https://lnkd.in/gpNnjqij

🚀 Unlock the Potential of Your Existing Property! 🚀 Why take on the expense of new acquisitions when you could be maximizing the land you already own? We just completed a project in Long Beach, converting garage parking into 2 modern ADUs—allowing the owner to earn top rents without needing to buy more real estate. Adding units to an existing property is a smart, cost-effective way to expand your portfolio and increase rental income. In today’s high-priced market, this approach provides incredible value for any real estate owner looking to grow. If you’re ready to explore how much more your property can do for you, let’s connect! #ADU #RealEstateGrowth #LongBeach #LAProperty #MaximizeYourSpace #RolenConstruction

It’s time for a Q&A! What are some factors to consider during a commercial real estate market analysis? Consider multiple factors like macroeconomic conditions, trends, tourism, business activities, and regional characteristics when analyzing the commercial real estate market. These factors impact investment opportunities and performance in each market. To work with us or for more information, email us at info@rosewoodrealtygroup.com. #rosewoodrealtygroup #rosewoodrealty #competitive #advantage #newyork #commercialrealestate #nycCRE #acquisitions #realestate #NYC #NYRealEstate #multifamily #mixeduse #industrial #office #retail #Rosewood #RealEstate #newyorkCRE #CRE #NYCCRE #NYCRE #development

SALE Learn More: https://lnkd.in/eawa7VHC IMAGE: Albert Fitch, Kevin Bramhall & Steven M. DATE: 08/29/2024 ADDRESS: 5126 West Cypress Street MARKET: Tampa ASSET TYPE: Industrial BUYER: Steven Millstein, Albert Fitch & Kevin Bramhall - The STRO Companies ; KRE Group SELLER: Thomas Clarke SALE PRICE: $2,600,000 SF: 19,000 ~ PPSF: $136 NOTE FROM BUYER: A partnership consisting The STRO Companies (“STRO”) and KRE Group announced their recent off-market acquisition of 5126 West Cypress Street in Tampa, Florida. Located in Tampa’s Airport submarket, 5126 West Cypress Street is approximately 19,000 square feet with 17’ clear ceilings, and 11 load docks. The property is extremely unique and desirable due to its superior loading, proximity to Tampa International Airport and the Tampa Central Business District, and access to I-275, I-4 and other major transportation routes. “5126 West Cypress is a very unique building that we are thrilled to have as part of our portfolio, because of its centralized infill location, considerable loading capabilities and premier access to infrastructure in a core Florida market” said Kevin Bramhall, STRO’s Director of Southeast Acquisitions. “We are appreciative of the Sellers for their speed of execution to complete this transaction.” The off-market transaction was facilitated in-house by Albert Fitch and Kevin Bramhall of The STRO Companies. Jonathan Kushner, President of KRE Group, said "Partnering with STRO in Tampa represents a strategic addition to our portfolio, reinforcing our commitment to well-positioned assets in key logistics markets. The property’s central location and strong transportation links offer significant value for tenants, making it an ideal investment as we continue to expand our presence in Florida and doing so with the Milstein-run STRO Company.” In announcing this transaction, STRO also noted that the building is immediately available for lease and is being marketed by Jessica Mizrahi and Julia Silva of Lee & Associates – Tampa. #Miami #RealEstate #tradedmia #MIA #TradedPartner #Tampa #Industrial #ThomasClarke #StevenMillstein #AlbertFitch #KevinBramhall #TheSTROCompanies #KREGroup

We are pleased to announce our latest acquisition: 1060 N. Garfield, a 49,995 SF high-quality, multi-tenant industrial building in Lombard, IL. Key highlights: ✅ Sourced off-market ✅ Prime location in the West Suburbs submarket of Chicago ✅ 19' clear height with dock-high and drive-in doors for each suite ✅ Fully occupied by five tenants This strategic acquisition strengthens our presence in the highly sought-after West Suburbs submarket. Lombard's prime location offers tenants: ✅ Proximity to major thoroughfares like North Avenue ✅ Easy access to I-290 and I-355 ✅ Convenient routes to O'Hare area and affluent western Chicago suburbs ✅ Attractive net rents comparable to neighboring areas Additionally, the property's exceptional features, including its rare 19-foot clear height for a multi-tenant building, set it apart in this competitive market. Per Kiefer Price, Director of Acquisitions: "This transaction exemplifies our ability to leverage strong broker relationships and act swiftly on off-market opportunities. The property's exceptional features and strategic location in DuPage County position us well for long-term value creation." Thank you to our Chicago Faropoint team - Kiefer Price, Ahmed Chapsi, Scott Chiero, Maddy Austin & Joe Shea - who worked diligently to secure this opportunity. We extend our gratitude to Brian Silverman of JBS Commercial Real Estate for his instrumental role in facilitating this transaction. --- ⏩ Follow Faropoint for the latest insights at the intersection of industrial real estate and technology. #ReimaginingRealEstate #IndustrialRealEstate #IndustrialCRE #Acquisition #Faropoint #LastMile #IndustrialInnovation #RealEstate Jordan Nathan (Kovalsky)

NEWS: Martin's Properties announces the acquisition of a development site on Abingdon Road in Didcot, Curtis Industrial Estate in Oxford and a retail unit in Wantage, for just over £12m in total. Richard Bourne, CEO of Martin's Properties comments: “We have been patient with the deployment of our capital over the past 12 months – instead focussing on developing and managing our current £400m portfolio, which now has close to zero vacancy rate and rental income up from £16m to £18m. We are now looking to harness our firepower and availability of cash by deploying a further £30m into development,and lending opportunities in strong locations across London and Southern England. We are actively looking for further opportunities and JV partners as we seek to meet our ambitious growth plans through investing in strategic investment and development sites as well as lending an#d sourcing, managing and developing assets for third parties.” Read the full story here: https://lnkd.in/eiqA5JD6 #property #martins #acquisitions #deals #development #industrial #retail #didcot #oxford #wantage

We purchased this 4 Bed, 2 Bathroom property for our client in December 2023 for $520,000, todays valuation came back at $620,000, an increase of $100,000 in 3 months. Rents have also increased by $90 per week.  The growth percentage usually isn’t this high in such a short time frame, but with a solid discount on the way in combined with correct market timing, uplifts like this aren't out of the question and are a testament to both our research and our acquisitions team. 📈 Right location ✅ Right Property ✅ Right Price ✅ Our client is already in the process of releasing equity out to purchase his next property! #propertyinvesting #buyersagent #property