The Benedict Canyon Equities team is thrilled to announce that we successfully closed escrow on two properties, Spinnaker Landing and Regatta Apartments. These properties form a remarkable portfolio of 152 units in Des Moines, WA. Both properties include top-tier amenities, including a pool, fitness center, and a standalone clubhouse and leasing office. Ryan Somers, BCE's Chief Investment Officer, expressed the team's immediate attraction to the community, the proximity to employment centers, and its surrounding area. This achievement marks an exciting milestone for BCE, and we look forward to further enhancing the value of these properties while providing an exceptional living experience for our residents.
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Corner block stunner secured for our first time investor clients! 💎 This recently renovated corner block home offers over 600m2 of space and is strategically located near employment hubs. It's a dream for both investors and owner-occupiers, and we were able to secure it off-market, against a higher bid, due to our agent relationship. If you're thinking about getting into the property investment game and securing great deals like this, DM us to get started. #realestate #investmentproperty #ausproperty #wealthbuilding #realestateaustralia #realestateaus
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What does it mean to have a diversified portfolio? It includes having a mix of asset types. At District REIT, we exemplify this by owning and operating a mix of commercial, industrial, and multi-residential income-producing real estate in Southwestern Ontario. Interested in investing with District REIT? Connect with Startly Inc. to get started. To learn more about our portfolio visit DistrictREIT.ca or contact info@DistrictREIT.ca #diverseportfolio #diverseinvestments #realestateinvestments #realestateinvesting #commercial #industrial #multiresidential #REIT #ontario #ontario #southernontario
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Big news from my investment in Covington Hills Apartments. Thrilled to share that the lead sponsor closed on a supplemental loan, and as a result, I'm getting my original capital contribution back, while I maintain the same equity level in the deal. This capital event move allows me to use the same dollar in two different investments. #infinitebanking Impressively, I've already received 135% of my original investment back. With significant equity left in the property and future planned cash flow distributions, it seems we're set to far exceed the initial return targets. The future of multifamily real estate investing looks promising, and I'm excited about the continued financial growth. #startingpointcapital #passiverealestateinvesting #investmentjourney #wealthbuilding
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Located strategically in a neighborhood close to Downtown Memphis, the rental property's position was a key consideration during acquisition. 💰 Purchase price: $408,500 🔮 Projected Annual Revenue: $74,000-$80,000 📚 Year One Completed Revenue: $80,000+ To enhance the space, we invested in improving both the interior and exterior, guaranteeing a cozy and welcoming ambiance for our guests. 🎼 We also incorporated a musical theme throughout the home, echoing the vibrant cultural legacy of the area, which strikes a chord with guests. Are you an accredited investor intrigued by the potential of STRs but seeking a hands-off approach? Discover how our passive fund model aligns with your investment goals. View more info here: https://bit.ly/3Qg6UQV or book a 1:1 chat with us: https://bit.ly/3RufIow #PassiveRealEstate #STRInvesting #ShortTermRentalInvesting #PassiveIncome #RealEstateInvesting #STRInvestment #PassiveREI #RealEstateWealth
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🌟 Trilogy Funds' Resilience Shines in Gosford Project Revival! 🏗️ "We're comfortable with the underlying security value. There's not enough apartment stock around the country. We like Gosford as a location. We think the market appetite is strong," affirms Clinton Arentz, Trilogy's Executive Director, sharing positivity amid challenges. 🏢 Despite setbacks, Trilogy, a $1.3 billion fund manager, gears up to restart the Vista project in Gosford after the original contractor's liquidation. Clinton Arentz highlights the commitment to the project's success, emphasizing the underlying security value and expressing confidence in the market. 🔧 While the original builder faced liquidation, Trilogy addresses the challenges head-on, expecting work to resume within a week. The estimated cost to complete the project is $8.5 million, and despite uncertainties, Arentz believes in the resilience of the market and the commitment of buyers. 🏠 Why is this a positive outlook for students and real estate enthusiasts? The Gosford project exemplifies resilience in the face of adversity, showcasing how industry leaders navigate challenges. It's a testament to the belief in market strength, location value, and the ability to overcome hurdles, inspiring confidence in real estate endeavors. #RealEstatePositivity #ResilientLeadership 🔗 Discover more about Trilogy's positive outlook and the Gosford project revival #TrilogySuccess #GosfordDevelopment #RealEstateRevival #PositiveRealEstate #ProjectManagement #BuildingConfidence #TriumphInRealEstate #MarketResilience #InvestmentPositivity #RealEstateLeadership #GosfordOpportunities #ResilientInvesting #OptimismInProperty #PropertyDevelopment #TriumphOverSetbacks #BuildingFutureSuccess #RealEstateOptimism #InvestmentBelief #GosfordRealEstate #PositiveMarketOutlook #SuccessInAdversity #InvestmentConfidence #BuildingTheFuture #RealEstateGrowth #TriumphInConstruction #GosfordPropertyMarket
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$830MM+ AUM - 2x Best Selling Author - Multifamily Private Equity - Entrepreneur - Podcast Host - Investor
Charlotte Dunford's first real estate venture was a huge failure, but she learned an incredible lesson: Tenants are your business partners. 👏 Learn more insightful real estate investing tips from Charlotte ➡️ https://buff.ly/44aWffj #investingintheus #reedgoossens #realestateinvesting #realestate #realestateinvestor #charlottedunford #tenants #tenantproblems #businesspartnership
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Located strategically in a neighborhood close to Downtown Memphis, the rental property's position was a key consideration during acquisition. 💰 Purchase price: $408,500 🔮 Projected Annual Revenue: $74,000-$80,000 📚 Year One Completed Revenue: $80,000+ To enhance the space, we invested in improving both the interior and exterior, guaranteeing a cozy and welcoming ambiance for our guests. 🎼 We also incorporated a musical theme throughout the home, echoing the vibrant cultural legacy of the area, which strikes a chord with guests. Are you an accredited investor intrigued by the potential of STRs but seeking a hands-off approach? Discover how our passive fund model aligns with your investment goals. View more info here: https://bit.ly/3Shm0Iz or book a 1:1 chat with us: https://bit.ly/3PRRp2w #PassiveRealEstate #STRInvesting #ShortTermRentalInvesting #PassiveIncome #RealEstateInvesting #STRInvestment #PassiveREI #RealEstateWealth
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Charlotte Dunford's first real estate venture was a huge failure, but she learned an incredible lesson: Tenants are your business partners. 👏 Learn more insightful real estate investing tips from Charlotte ➡️ https://buff.ly/44aWffj #investingintheus #reedgoossens #realestateinvesting #realestate #realestateinvestor #charlottedunford #tenants #tenantproblems #businesspartnership
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Co-Founder of InvestNOW Capital | Experienced Multifamily Real Estate Investor | Helping Busy Professionals Create Passive Income Using Recession-Resistant Real Estate Investing | Co-Founder MultifamilyMasters
💪🏼 #MultifamilyMonday Yesterday we sent out detailed investor updates to everyone who has invested or partnered on any of our real estate projects - we do this once a month, then we hold investor calls to discuss the property and ask questions once a quarter And month after month after month our complex in Pittsburgh PA (pictured below) has maintained 100% occupancy with minimal headaches since we purchased it Dec 2021 - We fired existing management day 1 and implemented an in-house management team - We then fired our 1st management team after 4 months of ownership after realizing they were mostly talk with no real action - Then we were able to figure out how to sucessfully turn & renovate 37 apartments during a 3 week window in our first school year which was no easy task in a small suburb 40 mins outside PITT in the college town where this asset is located - Since takeover we have increased all rents $150 per month while also billing back water another $50 per unit through our RUBS program - We strategized new marketing methods - We did a 180 with google reviews compared to previous ownership with MANY 5 star reviews to date - And during this time we increased maintenance efficiency by 90% compared to take-over - We now have a wait list for next school year 💪🏼 This property represents what a team can do when that team acts like a “team” Brandy Lee , @David Quezada , & Gillian Scott have stepped up and have been rock stars to work with since day 1 - and they have been the bread & butter of this assets success John has over saw maintence and kept this property firing on all cylinders Elsa Nguyen has been meticulous with the books And I have contributed absolutely zero and I’m okay with that 🙂 If every asset operated similarly life would be good… if all business plans were implemented similarly life would be good… if all team members contributed like they did on this asset life would be good #LetsGo #LetsGrow We know real estate… Because we do real estate… #investNOWcapital #MultifamilyMasters #multifamily #multifamilyinvesting #multifamilyrealestate #realestateinvesting #realestate #apartmentinvesting #passiveincome #investing #realestateinvestor #PrivateEquity #PassiveInvesting #BiggerPockets #selfstorage
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The more you plan and prepare, the luckier you get! 🍀 Huge shoutout to the Chad Esslinger, CFP®, CLU®, ChFC®, RICP®, AEP®, CLTC and team for their guidance. 🙌 We're thrilled to have our co-founder Michael Sullivan featured as a client highlight! Together, we’re strategizing for the success of our team and our clients! #strategicsuccess #planningpaysoff #planningforsuccess
This week at Esslinger Financial, our Client Highlight is Michael Sullivan! Michael started his career in commercial real estate in 2005 and has been a driving force in the multifamily space. He strives to assist clients in maximizing the value of their multifamily holdings. In 2021, he co-founded MMG Real Estate Advisors with Alex Blagojevich, where they created a team of top-notch talent that has recently been ranked as a Top 10 Multifamily Advisory Firm in the United States. Michael is also the CEO of Fairway Capital Management. FCM focuses on strategic debt and equity placements to help new and growing businesses. He recently co-founded Java Investments LLC, which owns the exclusive franchise and developments rights for Scooter’s Coffee stores in the northern part of Kansas City MSA. We are so glad to be a part of Michael’s journey and cheers to his current and future success!
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Real Estate Investments | Tokyu Land Corporation | USC, CAIA
10moHyosung Kang Debbie Lopez William Andrew, Jr. shout out to you