Harworth Group plc’s Post

SOLD | 2460 Gateway Road, Langford, BC   Michael Miller, Brandon Selina PREC, Dominic Ricciuti PREC and I listed this property in late 2023, with minimal engagement from the development community for the first few months of the listing term.   The site has many positive attributes which, in more conventional times, would have been highly sought after. 👑 A full city block, with significant exposure in a commercial centre 💥 No blasting required, with site elevations at foundation level ⚒ All site prep and off-site work completed 🏗 Significant retaining wall constructed by the vendor ✔️ Zoning in place 📐 Scale which is rarely available   However, given the state of the development industry, we were frequently experiencing objections we've all become too familiar with such as: "We're just focusing on our current pipeline right now" "Pencils are down for all acquisitions until the market settles" "The absorption timelines are too long for this amount of density" etc. etc.   As spring rolled around, we started to receive more calls for sites in the CRD. Mandates and new entrants to the market started to emerge, site visits and market tours were starting to be requested - all positive factors we have not seen for 18 - 24 months.   Interest began to culminate and we ultimately received two offers for the site as a whole within a week or so of each other.   While we can't yet say "development deals are back," interest in the CRD is beginning to inflect, and we increasingly hear of "holes" in the pipeline for 2025/2026, which need to be filled. So far this year, we've sold over $95,000,000 in development land deals, and we're encouraged this velocity will continue into the end of the year.

Why focus on South East Essex for property investments? This region is quickly becoming a hot spot for investors seeking stable rental yields and significant appreciation potential. From economic growth to transport links, here are the top reasons why South East Essex is a prime location for buy-to-let and BRR investments. Drop a comment if you’re curious to learn more! #EssexInvestments #UKProperty #BuyToLet

Haag Brown Commercial would like to congratulate Nathan Eller, CCIM and Zac Qualls on the investment sale of the Acrisure Office in Blytheville, AR! This transaction changes the current ownership of the property, while the existing tenants (Acrisure) will continue to occupy and operate within the space. Nathan and Zac represented the seller, a loyal client who we have had the pleasure to work with on several transactions, while Zac represented the buyer, a local investor who has continuously invested in the area and has been a blessing to the city of Blytheville. "Working with the local buyer on this transaction was a pleasure, as they were knowledgeable of the asset. The property aligned seamlessly with their commercial real estate investment goals." Zac Qualls | Executive Broker, Haag Brown Commercial "It is always a pleasure to work with clients not only on the transactional side of a deal, but on the strategic planning of their assets. This sale was part of a larger strategy for the seller to reinvest in a different type of asset and we are proud to be able to assist in accomplishing their goals." Nathan Eller | Executive Broker, Haag Brown Commercial Immediately after being brought to market, the property received several offers and our Investment Division was able to close on the deal in only a short time. If you or someone you know is interested in learning how our Investment Division can assist in the optimization of your commercial assets, give us a call at 870.336.8000. #cre #commercialrealestate #investment

Howard Goldenfarb went outside of Maine to acquire two fully leased industrial properties for a total of $14.55 million. https://ow.ly/jl0U50UBcJu

In case you missed the latest news from Bidwells amongst the UKREiiF LinkedIn traffic. We are growing our business and looking to double by 2030. If you don’t yet know who we are and what we do, we are the UK’s leading adviser in #RealEstate, specialising in #ScienceTechnology #sustainability and #TheLivingSector Find out more in our latest article with CoStar UK or get in touch if you are interested in working or partnering with Bidwells #RealEstate #Property #Development #Residential #Commercial #Rural #BuiltEnvironment #PropertyManagement #Investment #CapitalMarkets #Planning #ClimateEnergy

SOLD | 2460 Gateway Road, Langford, BC Michael Miller, Brandon Selina PREC, Austin Cope and I listed this property in late 2023, with minimal engagement from the development community for the first few months of the listing term. The site has many positive attributes which, in more conventional times, would have been highly sought after. 👑 A full city block, with significant exposure in a commercial centre 💥 No blasting required, with site elevations at foundation level ⚒ All site prep and off site work completed 🏗 Significant retaining wall constructed by the vendor ✔️ Zoning in place 📐 Scale which is rarely available However, given the state of the development industry, we were frequently experiencing objections we've all become too familiar with such as: "We're just focusing on our current pipeline right now" "Pencils are down for all acquisitions until the market settles" "The absorption timelines are too long for this amount of density" etc. etc. As spring rolled around, we started to receive more calls for sites in the CRD. Mandates and new entrants to the market started to emerge, site visits and market tours were starting to be requested - all positive factors we have not seen for 18 - 24 months. Interest began to culminate and we ultimately received two offers for the site as a whole within a week or so of each other. While we cant yet say "development deals are back", interest in the CRD is beginning to inflect, and we're increasingly hearing of "holes" in the pipeline for 2025/2026 which need to filled. So far this year, we've sold over $95,000,000 in development land deals, and we're encouraged this velocity will continue into the end of the year. . . . . #sold #developmentland #colliers #yyj

Proud to share another successful acquisition of 50 units in the growing town of Southbridge, MA for White Paper Strategies! This further adds to our portfolio of workforce housing in the Northeast region that provides a value add component and strong in place economics. We specialize in using our presence in communities to source and bolster living conditions for affordable housing throughout Central MA while still achieving our target yields. This acquisition was no different and we were excited to get it across the finish line! One of the many benefits of Real Estate Investing is capitalizing on depreciation using a Cost Segregation Study which allows for many year 1 write offs to offset other ordinary and capital gains. This is typically passed on to all investors that invest in our deals. We did just that and were able to see a year 1 paper loss of $750K to offset gains on this project and more. We use the best cost seg guy in the business Isaac Weinberger! We highly recommend his services if you want to learn more on this topic. Christopher Morgan https://lnkd.in/eueEHgQi

Viewing a Property in Gravesend: Smart Investments for Busy Directors with Excess Profits 💼💰 Today, I'm back in Gravesend, an area brimming with potential due to its exceptional transport links, including Thamesgate Way, which offers a mere 17-minute train ride to Central London. This makes Gravesend an undervalued gem for property investment, especially as it’s undergoing rapid development, enhancing its appeal even further. 🏙️🚄 Viewing today for an MD of an SME construction company who is keen to build a portfolio of buy-to-let properties to create passive income and reduce reliance on his wage. 🏠📈 He earns well and enjoys a nice lifestyle but sacrifices family time to provide. Now, he's looking to reclaim that time. ⏳👨👩👧👦 I've shown him how he can use excess profits to invest in property, reducing his tax burden and growing his wealth. 💵 We plan to refinance the properties later, once their value has increased, benefiting from tax-free appreciation. 📊💸 The main issue is that he simply doesn't have the time for viewings, negotiations, or the network to do this himself. I am therefore helping him meet his goal with little time or effort required on his part to achieve this. 🙌 👉 Investing Made Simple 👈 Very much looking forward to helping deliver the 5 properties he requires to reach his goal. 🎯🏡 CTA: If you're a busy director with excess profits and keen to build a property portfolio but, like our client, don't have the time, network, or know-how, DM me the word "PORTFOLIO" and I'll be in touch! 📩 #rgpropertysolution #investingmadesimple #rginvestmenttriangle #peterborough #nottingham #derby #propertyinvestment #passiveincome #buytolet #financialfreedom #wealthcreation #propertydevelopment #investmentopportunity #cityinvestor #worklifebalance #propertyportfolio #ukproperty #londoninvestor #timeismoney #investmentstrategies

Today's Did You Know The Right of First Refusal, in commercial leases, is a clause that gives a tenant the first opportunity to buy the property or lease additional space in the building if the landlord decides to sell or lease to someone else. LEARN MORE: www.nyccrea.com #NYCCREA #commercialrealestate #DouglasEllimanCommercial #commercialrealestate #leased #sold #newyork #douglasellimancommercial #douglaselliman #douglasellimannewyork #llorensnakos

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