Excelsa’s Post

Harbor Group International is making waves in the multifamily sector, scooping up new properties and showing a keen eye for fresh builds. Here's the lowdown: New Digs: They've added some cool new spots in Denver to their already hefty portfolio. Looking Sharp: Focusing on new constructions in hot markets, they're all about snagging the best deals. Market Moves: More players are jumping in, but Harbor Group is quick on its feet, keeping an eye on the prize despite tighter competition. Staying Steady: They're sticking to their game plan, navigating market ups and downs with a solid strategy. Looks like they're not just playing the game—they're setting the pace! #RealEstateInvestment #MultifamilyHousing #MarketDynamics #StrategicInvestment #Colliers #Pittsburgh #MoreIn24 #ThriveIn25 #ClosersCoffee #ColliersCapitalMarkets https://lnkd.in/eQqPGQD3

🏢 Breneman Capital's Strategic Moves in Chicago's Real Estate Market 🌆 We're excited to share two significant transactions as 2023 draws to a close, totaling over $21.5 million. These deals focus our portfolio in one of Chicago's most desirable areas. 1️⃣ Our acquisition of the 47-unit Ashland Place at 33 S. Ashland Ave. in the West Loop for $17.95 million is a testament to our commitment to high-value areas in Chicago. This modern property, built in 2018, fits perfectly with our strategic goals. 2️⃣ Following this, we successfully sold an eight-unit building at 3332 W. Palmer St. in Palmer Square. Acquired in 2019, we've enhanced its value through dedicated management and improvements. These moves reflect our approach to investing in resilient areas with strong market demand, like Chicago's West Loop. We're proud to contribute to the city's dynamic real estate landscape and look forward to more opportunities in the future. https://lnkd.in/d5cfk2hj #BrenemanCapital #RealEstateInvestment #ChicagoRealEstate #StrategicGrowth #WestLoopChicago

Watch this video to see the PROCESS we use to analyze a buy-and-hold project! The key elements of this process include calculating the renovation budget, estimating rents, and projecting income. Here, Enis guides us through a detailed case study of a property in Dorchester that we worked on. Although we ultimately shifted our exit strategy for this property—from buy-and-hold rentals to multifamily and condo sales—the insights we share in this video remain invaluable. Remember that when you're analyzing a deal, it's best to consider more than one exit strategy. Sometimes the market fluctuates and you may need to make last minute adjustements or change your strategy altogether to respond to it. Your primary goal should always be to MAXIMIZE PROFIT, and considering various exit strategies enhances your ability to get the most value from your properties. . . At Whiteacre, we've recently introduced new systems to expand our project capacity. If you have off-market deals you'd like to collaborate on, please reach out to us. We're also working with passive investors! We thrive on exploring innovative collaborations within our community and are excited to introduce our 50-50 Partnership Program. Direct message our team for further information! Enis Shehu, Joni Shehu, Sebastian Rodriguez, Mark Gullifer, Ina Duka Shollo, kayann Rossetti #realestateinvestors ⁠#massrealestate⁠ #rentals ⁠⁠#realestate #smartinvesting⁠ #realestatelife #bostonrealestate

👀 INDUSTRY TAKE 👀 The recent acquisition of Ballard's Koi Apartments by a joint venture of Timberlane Partners and STARS REI highlights the challenges and opportunities in today's real estate market. With the purchase price significantly below replacement cost and prevailing high interest rates making traditional financing costly, the deal stands out as a strategic move. #GoodWork The joint venture's recent acquisition of Wilcox Apartments further underscores their ability to identify undervalued opportunities and navigate market complexities. With a bullish outlook rooted in expectations of a sharp recovery over the next few years, like them, 1892 Capital Partners stands poised to support investors in realizing their goals amidst market uncertainties. In this ever-emerging credit market, our team emerges as a valuable resource. As a direct hard money lender, we provide financing solutions for opportunistic acquisitions where other lenders may not. https://lnkd.in/gYjHm5uC

Distress is a term often used by folks who are looking for a deal. In many cases, it usually identifies a winner and a loser. Westmount Square Capital we pride ourselves on being creative, dynamic, but most importantly collaborative. Our exacting approach is certainly with the intention to win for our investors, but it is also cooperative in nature as to avoid inertia and limit emotion with other parties. When we find multifamily distress, we approach it as a partnership. As an investor, we work with the incumbent owner/lead sponsor to find a swift resolution that achieves our minimum return thresholds while trying to salvage the interests of the deal's stakeholders.    This is the approach we used for our latest distressed acquisition in Jacksonville, FL (two properties/185 units). We really enjoyed structuring this one and our playbook is set for similar opportunities. We want to thank our partners at Miramar Capital Advisors for their collaboration on this transaction.   If you are a sponsor, LP, or participant with a financial interest, exposed to Central/Northern Florida, you are likely facing structural headwinds: interest rate volatility, ballooning insurance costs, staffing shortages, capital structure drag, or operational tribulation...#distress. We can work with you and we would love to share our story - reach out if you care to discuss. #multifamily #valueadd #jacksonville #florida #multifamilyinvesting #floridarealestate https://lnkd.in/giWqCbQj

Liya Mo, Vice President of Acquisitions and Originations, and Edward Platts, Analyst, attended Bisnow's Southeast Single-Family Rental, Build-to-Rent, and Master Planned Communities event in Orlando, FL on October 26th, 2023. Liya Mo was a speaker at the event and shared her current views on land acquisition, new market expansion, and tailoring the design of Lafayette’s Build for Rent (BFR) communities to residents' evolving needs. Below are some of the key highlights: 🏡 Strategic Shift in our Acquisition Strategy: Lafayette has adjusted its acquisition strategy from buying finished homes to buying land to align with market conditions which have changed a lot since Lafayette started investing in BFR communities in 2019: cap rates on finished homes went from 6% in 2019 to 4% in 2022 and are now back up closer to 6%. This has pushed Lafayette to stay nimble and spend more time on land deals in 2023 for which 7% cap rates are achievable. 🏡 New Market Underwriting: When considering expanding to a new market, Lafayette places more emphasis on understanding the multifamily supply and demand dynamics of that market. Beyond traditional underwriting metrics such as income, population, and crime rates, Lafayette recognizes the potential multifamily oversupply in over a dozen markets, thus taking a holistic approach to ensure strategic market entry. 🏡 Adapting Community Design: Thanks to our direct feedback loop and constant collaboration with Brandywine Homes USA, Lafayette's property management affiliate, we continuously adapt the specs and design of our communities to evolving tenant needs. Notable enhancements in our BFR communities include backyard fences (catering to more than 50% of tenants who have pets!), lawn maintenance services, smart home packages, and washers/dryers. #sfr #btr #singlefamily #buildforrent #realestate #residentialrealestate🏡📈

In case you missed it, Inland Private Capital successfully sold a Colorado Springs multifamily property, resulting in a profit on sale and a 6% internal rate of return to investors. Connect CRE has more on the transaction: https://hubs.ly/Q02sjXSC0 #Multifamily #CRE #CommercialRealEstate #RealEstate #Sale #DST #ColoradoSprings #Colorado

As renewals continue to be a crucial part of rental real estate business strategy, research conducted by Jeremy Gabe at University of California across 2,000 properties unveiled some fascinating insights on what makes renters renew their leases in multifamily properties. These insights highlight the power of strategic incentives and the significance of property characteristics in retaining tenants. For those managing multifamily properties, understanding these factors can be a game-changer in boosting retention rates. #renewals #rentalrealestate #datadrivendecision #assetoptimization

"TruAmerica Multifamily Obtains Fresh Equity for Properties in Las Vegas and Atlanta" Read the full article below..

Is the Jersey Shore ready for ePremium’s Marc Zahariades and Ronde Shaw? Catch these guys at the New Jersey Apartment Association's Conference & Expo next week! Visit Booth #204 to learn about our multifamily renters options, deposit alternatives, and more!   #TradeShow #MultifamilyInsurance #PropertyManagers #ePremium #InsurTech