HUB’s Post

Currently on the agenda this week.....To start, looking to arrange cover for a converted church into leasehold apartments with a large purpose built extension 👊 Next up, full review of a selection of existing blocks insured that we are looking to potentially sort on a portfolio basis in Devon/Cornwall and also Brighton/Hove areas. Followed up by some more Grade 2 listed leasehold blocks due this week. #blockmanagement #leasehold #propertymanagement #estatemanagement #propertyinvestors #propertymanagers

🔎The second in our 'Brick by Brick' series, looking back at previous projects funded by the Barwood Residential Investment Platform (BRIP). Today is the turn of an apartment development in Highcliffe, Dorset. Traditionally, we finance high quality family housing, however, we do in special circumstances invest into apartment schemes, particularly where the location and demand for the product is unquestionable. 🧱Completing in March 2023, this project was a development of 13 apartments with uninterrupted seaviews looking out to the Isle of Wight. 🌊The 12 2-bedroom apartments and one 3-bedroom penthouse were built to a contemporary style with glass elevations to the south, emphasising the sea views. This project performed outstandingly for Hurst & Hurst Estates and the BRIP 3 investors, and is an example of the type of project and partnership that BRIP targets. Read more about this project here https://lnkd.in/eMcfsxSx #PropertyInvestment #PropertyInvestor #InvestmentFund #ResidentialDevelopment #ResidentialPropertyInvestment

You may (or may not) have heard of the term 'build to rent'. So, what exactly is build to rent? In short, you can think of BTR as developments such as apartment buildings that are constructed to be fully leased to tenants, usually for the long term. Creating an additional level of security for tenants in a challenging rental environment. Some great insights from Hannah Gill at The Property Collective and Daniel from Amalgamated Property Group on what this means for Canberra. https://lnkd.in/g3pGqgXc

Exciting News: Continuity House, Bracknell by HJ Collection! Our flagship developer’s most recent acquisition is set to transform a 4,790 sq.ft. building into a distinguished residential development. This project will feature 20 unique apartments, from practical one-bedroom units to expansive three-bedroom ones, all within a 0.22-acre site. Situated near the heart of the revitalized Bracknell centre, Continuity House blends the best of urban connectivity with residential serenity. For more information, please call us on (+44) 207 117 2913. #hunterjonesgroup #reecemennie #property #invest #propertyinvestment #development #alternativeinvestment #investingtips #cashflow #income #realestate #passiveincome #permitteddevelopment #loannote #propertybond #structuredinvestment #propertyacquisition #buytolet #propertyportfolio #propertyinvestmentportfolio

Galliford Try's Affordable Housing Resurgence 🏡 🚀 Back in the Game Galliford Try returns to affordable housing post-Vistry deal, targeting 4-5% profit margins. 🛠️ Strategic Vision Under CEO Bill Hocking's five-year plan, they're partnering with housing associations to foster community and growth. 💹 Ambitious Targets Aiming to increase turnover from £1.4bn to £2.2bn, they're expanding into private rentals and eco-friendly renovations, with a sharp focus on security and facility management services. 🤝 United Approach Their growth is fueled by solid industry relationships and a determined team dedicated to delivering value. 🌐 Infrastructure Focus David Lowery steps in as Infrastructure managing director, underlining our commitment to this vital sector. #GallifordTry #AffordableHousing #GrowthStrategy 🏗️📈🏘️

Boston's iconic triple-decker is now legally able to come back as new construction, not just the renovated version! It's the MBTA Communities Law in ACTION! The state-wide ban across the state since the 1900's, is now being replaced with "Any three-unit building is now legal citywide by right, without requiring special approval from city zoning boards..." Somerville is one of the first cities to comply to the state's legislation to make more housing available near MBTA stops. This is a different approach to making the city more affordable- increasing inventory versus mandating affordable units (which were not being built as expected). What's your take on this approach? https://lnkd.in/dEaNHac4 #somervillerealestate #somerville #Tripledecker #realestateinvesting Domus Ave Realty Massimo Taurisano

Launch week has gone really well at Cooper Gate, and has been very popular with our investors. We couldn’t have asked for a better result with 20% of the development now reserved and in legals. To find out more visit- https://lnkd.in/e63zy6yT #buytolet #propertyinvestment #wealththroughproperty

Important numbers here. We’re always talking about a housing crisis and the need for more homes to alleviate pressures, most critically to enable people who are homeless to be homed somewhere they can thrive, not a B&B or a hotel. And yet here we have the latest starts down 27% on the previous year. Good to see the Places for People pipeline picking up to contribute to bridging the gap. We now urgently need a certain and stable policy and financial framework to facilitate the sector to do more.

Jersey City Development Sells for the Second Time, Heads Towards Groundbreaking The New Jersey office of IPRG, led by partner Yanni Marmarou, has announced the sale of a 200-unit development site located at the corner of West Side Avenue and Fisk Streets. The $9.35 million deal represents IPRG’s second sale of the subject property within a span of 24 months, as it previously changed hands for $6.2 million in January of 2022. 200 dwelling units are included in the development, set to break down as 41 studios, 119 one-bedrooms, 32 two-bedroom units, and eight three-bedroom spaces. The project will be utilizing an affordable housing overlay bonus within the West Side Avenue Redevelopment Plan, which requires 20 units to be set aside at the complex for those with modest incomes. Parking for 100 cars in a garage is included, as is a bicycle room with space for 81 bikes. The project will also be providing a stormwater detention tank as well as an extensive green roof area of approximately 4,298 square feet on the top of the historic building. The future redevelopment of the West Side Avenue site adds to the momentum from other multifamily projects that have popped up in the neighborhood. Major developments including The Birch House, The Agnes, and 3 Acres have opened in recent years, while other long-term projects like Bayfront look to transform the area. #jerseycityrealestate #westsideavenue #redevelopmentplan

Pittsburgh's URA to invest more than $2M in affordable housing preservation Contact me to discuss the latest scoop in real estate! #housingtrends #pittsburghrealestate #pittsburghhousing #pittsburghrealtors #marketupdate #realestatetips #realestatenews #realestate #realtor #realestateagent