Our Investment Sales team recently sold Preserve at Melrose, a $185 million premier 410-unit multifamily community in Vista, San Diego. Constructed in 2015, this suburban gem marks the second largest single-asset transaction in San Diego so far in 2024, with an impressive purchase price of $451,220 per unit. "San Diego remains a top target nationally for investors, making up 10% of all U.S. multifamily transactions over $150 million and 23% of those in California, year-to-date since 2023," said Hunter Combs, managing director of Investment Sales at Walker & Dunlop. "San Diego's market strength is propelled by its historically consistent rent growth, strong fundamentals and high barriers to entry. The influx of life science surrounding UCSD and big tech companies establishing their presence here, in addition to the long-standing defense industry underscores San Diego's exceptional market resilience and attractiveness for investors." The team, led by Hunter Combs, successfully represented both the seller, a local San Diego based group, and the buyer, Mesirow. Congratulations to everyone involved in this major transaction! Read more about the deal here: https://lnkd.in/ejEbfGBW #Multifamily #California #JustSold #Deals #WeAreWD #MultifamilyInvestment
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Had a chance to speak to The Real Deal about Vesta’s ascent to a top 5 entity selling real estate in Chicago! 🎉 This recognition isn’t just about the numbers, it’s about the trust our clients place in us and the incredible dedication of the Vesta Preferred team. Chatting with @therealdeal gave me a chance to reflect on how at Vesta we’re redefining what it means to be a broker. It’s not just about closing deals—it’s about creating opportunities, delivering undeniable value, and showing our clients how their homes are investments that can transform their futures. To every buyer and seller who has partnered with us: thank you for letting us be a part of your journey. At Vesta Preferred, we’re not just selling homes—we’re building legacies! Read the full article here: https://lnkd.in/gWaiMarB #ChicagoRealEstate #VestaPreferred #GrigoryPekarsky #TopBroker #ClientFocused #BuildingValue #RealEstateLeadership #TheRealDeal
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🚀 **Exciting Developments in Houston Real Estate!** 🚀 Burlington, the fast-growing discount chain, is making significant moves in the real estate market by acquiring over a dozen real estate leases previously held by Conn's. This successful bid spans properties in five states, marking a strategic expansion for Burlington amidst Conn's bankruptcy proceedings. This acquisition not only highlights Burlington's growth trajectory but also signals changing dynamics within the Houston real estate landscape. These developments could lead to increased foot traffic and economic activity in the areas surrounding these properties, offering potential opportunities for investors and businesses alike. Are you curious about how these changes might affect your real estate interests in Houston? Or considering exploring new opportunities in this evolving market? 🔑 **Connect with Tevas Real Estate Group for tailored insights and assistance tailored to your real estate needs in Texas. Together, we can navigate these exciting times!** #TeVas #tevas #tevasrealty #tevasrealtor #tevasrealestate #tevasrealestategroup #HoustonRealEstate #Burlington #CommercialRealEstate #InvestmentOpportunitieshttps://lnkd.in/gDzR49Sb
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First owner meeting: May 2014 Listing assignment secured: July 2024 10+ years of calls, emails, meetings, and proposals. Brokerage is a slog that gets 'slightly' easier as your career progresses. The hard work never stops, but play the long game and you'll be rewarded. Montrose is an example of such reward. The activity Essex produced was phenomenal and the outcome noteworthy - 25+ tours, 10+ offers and a sale price 108% of list price. On to the next! #cre #brokerage #chicago #apartments
Brian Karmowski, Matt Feo, and Abe Eilian recently completed the successful sale of a 23-unit multifamily property at 821 W. Montrose Ave. in Chicago's Buena Park neighborhood. “821 Montrose was one of the last untouched vintage buildings in the neighborhood. While previous ownership had taken great care of the property, Montrose was a tremendous value-add opportunity, and we’re excited to watch the transformation. Congratulations to both the buyer and seller on a successful transaction.” said Brian Karmowski. Read More: https://bit.ly/4hU2PPf __________ #essexrealtygroup #buenapark #chicagocre
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"SOLD! I'm thrilled to announce that my seller just sold his home in the growing city of Conroe, TX, with an impressive 50% return on investment in just 7 short years! The Conroe real estate market is on fire, and this sale is an example of the power of equity building. It's essential to stay informed about market trends and opportunities. If you're thinking of buying or selling a home in the Conroe area. Let's chat about how you can benefit from the current market! Luvismin Hill 📱832.210.5551 📩 luvismin@nanproperties.com @nanproperties @christiesrealestate #JustSold #ConroeRealEstate #ConroeTXRealtor #ReturnOnInvestment #EquityBuilding #TexasRealEstate #PropertyMarket #RealEstateAdvice #YourBilingualRealtor #YourTrustedRealtor
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Know what today is? 221 years today, in 1803, the largest real estate deal EVER took place right here in the wonderful United States of #America! The Louisiana Purchase nearly doubled the size of the US, strengthening our country greatly and opening the doors for westward expansion. What amazing things are you going to do today? #buildbetter
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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
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How do you turn a challenging property sale into a success story? We did just that with a 20-unit property at 14-16 E. Madison St. in Baltimore! Faced with a tricky leasing situation, a master lease agreement, and financing hurdles, our team took a creative and strategic approach to find the ideal buyer. Through proactive outreach and leveraging our extensive network, we were able to secure a no-contingency offer at a price that exceeded our client's expectations! When it comes to tough deals, Midfield knows how to make it happen. Ready to see what we can do for you? #successstory #clientreview #clientsatisfaction #multifamilyinvesting #multifamilyrealestate #commercialrealestate #baltimore #baltimorerealestate #marylandrealestate #mdrealestate #midfieldrealty
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➡️ 5191 US-67, Midlothian, TX ⬅️ We acquired this existing self-storage property 2 months ago: - 556 Units in Total - Outdoor Storage - Climate Control - RV and Boat Storage - Land to Develop Seller was a good old fashioned man Knows everyone by heart names numbers etc When I met him it felt like Erin Brockovich movie 🎥 As many know, we're building StorageCaves.com, but twice a year, we buy existing projects that check every box and **CASH FLOW** immediately for our investors. Last Tuesday, we distributed our first monthly payment… that's right, monthly… So, what does this mean? Every month you get money. CoC is averaging around 8% per year. Now, let’s look at 4 major deal points… 1. 📝 Seller holding paper 2. ⬇️ Rents 35% below market 3. 💸 1 mile outside city limits, so huge tax savings 4. 🏗️ Jerry Jones is building a $1 billion development project nearby - Blue Star Land, known for the Dallas Cowboys' $1.5 billion Star development in Frisco, is busy with investment and development projects across Dallas-Fort Worth. - The company is entrenched north of Dallas in Prosper with the 500-acre Gates of Prosper project, which will be the largest mixed-use development in the suburb. - The firm is also planning 500 apartments, retail, and a park at another Prosper site. Book a call 📞 https://lnkd.in/gzTaQ2SV #RealEstate #StorageCaves #CashFlow #InvestmentOpportunity #SelfStorage #MidlothianTX #PassiveIncome #DevelopmentProjects
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Investing in real estate can be a smart move, especially when you find a property with potential for growth and returns. 🏡 Atlas at Bay Point Apartments in St. Petersburg, Florida, is one such opportunity. This 136-unit multifamily community is a value-add, off-market property available at an attractive acquisition basis of $123,000 per unit. This price is a significant discount of +30% compared to the recent average sales price of comparable properties, which is $180,000 per unit. By investing in Atlas at Bay Point, you can enjoy a potential average annualized returns of 21.04%. ✅ Don't miss out on this chance to earn great returns on your investment. Contact us today to learn more about this opportunity! 👇 #reaestateInvesting #investmentopportunity #StPetersburgFL #CPICapital #wealthbuildingmachine #passiveincome
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Did You Know? Ever wonder where the world's largest real estate deal took place? Spoiler alert: It’s not where you’d expect! Trivia: The biggest real estate deal in history was the Louisiana Purchase. Back in 1803, the U.S. acquired 828,000 square miles of land from France for just $15 million—about 4 cents per acre! Talk about an investment. If you could buy property anywhere in the world for just 4 cents per acre, where would it be? Let’s hear your dream locations in the comments.
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46,965 followers
Director of Market Intelligence at Walker & Dunlop
2dCongrats! Hunter Combs Jake Barnett Jake Gulian