Ballast Rock

Last week, we hosted an exclusive event on tax-efficient investing, with our partners at Ballast Rock Private Wealth, and it was a resounding success. A huge thank you to our incredible clients and investors who joined us—it was an evening filled with insightful discussions and strategic wealth-building conversations. A special shoutout to Scott Singer, Mayor of Boca Raton, and Kelly Smallridge, President & CEO of the Business Development Board of Palm Beach County for the support.  If you missed the event but still want to explore wealth preservation and tax-efficient strategies, let’s connect! #WealthManagement #TaxEfficientInvesting #FinancialFreedom 

The COO of our SunbeltFunds, Ian Garcia, shares his appraisal of what to expect in 2025 in the multifamily housing sector. 🏠 We expect a rebound in leasing activity driven by economic and wage growth combined with the large gap between the cost of renting versus buying. While some familiar headwinds from prior years will likely persist, we believe that demand will remain strong for the safe and affordable renovated apartments that our team manages through our Sunbelt Multifamily Workforce Housing funds. Read the full outlook here:  https://lnkd.in/eUAABv9b

We are thrilled to announce that Huntingdon Apartments and Georgetown Apartments, two properties managed by Sunbelt Properties, have been honored on the 2024 Georgia Business Journal Best of Georgia Real Estate list!  This is welcome recognition of our Sunbelt Real Estate team’s commitment to building thriving communities by offering exceptional quality and affordable workforce housing across the Southeast. Thank you to everyone who contributed to this milestone. We are excited to continue delivering value for both our residents and investors. You can find the list here: https://lnkd.in/e5n46Jyv #BestOfGeorgia2024 #WorkforceHousing #CommunityImpact   

What factors might impact real estate investing in the year ahead? Founder and CEO Thomas Carroll joined Bloomberg Radio this week to explain why our real estate team are so bullish about investing in workforce housing in the Southeast US, despite concerns about how interest rates and tariffs might negatively affect costs in 2025. Learn more in the interview below:

Our CEO and Founder Thomas Carroll joined the hosts of Bloomberg Radio in NYC today to discuss the future of the real estate market, especially the multifamily real estate sector over the next few months. Full interview to come - stay tuned!

As the new White House administration increasingly comes into focus and the #Trump 2.0 agenda moves from campaign rhetoric to governing reality, the Ballast Rock Asset Management Sunbelt real estate leadership team gathered this week to discuss our outlook for the multifamily real estate sector over the short- to medium-term. Learn more: https://lnkd.in/eFu9YYJn

Our CEO Thomas Carroll shared insights on Bloomberg Businessweek about how the recent Fed interest-rate reduction impacts real estate investments, including our own #SunbeltFunds. The US is building new housing at only about half the rate as before the Global Financial Crisis of 2008, which is why we focus on updating Class B and C assets to create safe, top-quality workforce housing that commands higher, yet still affordable, rents. Listen to the interview here:  

Together with Acronym Venture Capital our team will be holding a webinar on September 16 at 5:30 PM ET to discuss the launch of the second close of the BR AVC Growth Fund. The fund has already invested in seven growth stage companies. Register now to secure your spot in the webinar to learn more about our strategy and market outlook: https://lnkd.in/e7ncxebZ

We’re thrilled to announce the launch of the second close of the BR AVC Growth Fund! ⭐ The fund, which had its first close last year, has already invested in seven growth stage portfolio companies.  Join our webinar with Acronym Venture Capital on September 16 at 5:30 PM ET for insights from the team on the venture capital market and the fund’s portfolio companies. Now is the right time to learn more about this exciting investment opportunity. Don’t miss it! Register here: https://lnkd.in/e7ncxebZ

Ballast Rock remains committed to disciplined investing in workforce multifamily housing, even amidst larger real estate market concerns and negative news headlines. As CIO Simon O'Shea explains in this WealthManagement.com Mid-Year Outlook, we’ve recently launched Sunbelt Multifamily Fund III with the acquisition of Stone Ridge Apartments in Birmingham, Alabama. Our strategy is built on thorough underwriting and a commitment to finding value where others only see uncertainty. Learn more about our thought-process in the article below: https://lnkd.in/eyECpyjY