Keith Braccia’s Post

QuadReal Property Group, the Vancouver-based global real estate investment firm with assets under management of $77.6 billion, has made a significant move in the US multifamily market, acquiring 1,400 apartments across four major cities from Quarterra Group, Lennar’s multifamily apartment builder. This strategic expansion demonstrates QuadReal's commitment to high-conviction markets and its focus on building a best-in-class portfolio. 1. Beacon85 (Denver): 343 units in Lakewood North 2. Bradham (Charlotte): 432 apartments in South End, on the light rail line 3. Maris (Washington D.C. area): 293 units in Annapolis Town Center 4. Nexa (Phoenix): 399 units near Arizona State University in Tempe. This acquisition underscores QuadReal's conviction in the multifamily sector. QuadReal will oversee these properties’ operations, leasing, and capital investment while outsourcing property management to a third-party provider. At the end of 2023, Quarterra Multifamily marketed 11,000 units for sale. They sold 18 communities to KKR, totaling over 5,200 units, for $2.1 billion and sold five more communities. 💡 Do you think acquisitions will increase with large institutional investors actively purchasing multifamily portfolios? Share your thoughts in the comments below 👇! Please like 👍, comment below 👇, or share 👉. Click the 🔔 in my profile to get notified of my posts. And follow me for more content like this. #home #multifamily #homerental #buildtorent

Why do I invest in multifamily real estate? Here’s my top reasons… Stability: Multifamily properties offer stable income through having many tenants, drastically decreasing the impact of vacancy. Cash Flow: Beyond just rental income, multifamily investments have additional revenue streams such as shared laundry facilities, pet rent, or parking fees, enhancing the properties cash flow potential. Longevity: Unlike some other investment vehicles, multifamily will not be going anywhere given that EVERYONE will always need a place to live. Opportunity: Multifamily investments provide the opportunity for value-add strategies like renovations or improved operational efficiencies, which are just a couple ways which you can force appreciation. Understanding the intricacies and advantages of multifamily investing has been key to my success. #realestateinvestment #multifamily #CRE

Ever wonder how the Multifamily Industry has grown to its size and success today? Check out this article from Multifamily Executive: https://lnkd.in/eECwrXcB In a nutshell: 1. Fast turnarounds 2. Human touch 3. Be a leader when opportunity strikes 4. Tech investment The good news? Clozzits can help you in all of these areas. Reach out today to learn more about our closet program. https://lnkd.in/eqCfJ8kZ #multifamilynews #multifamilyinsider #multifamilyexecutive #multifamilyrealestate #multifamilyinvesting

👏 👏 👏 The accomplishment the team at Veris Residential pulled off is truly impressive. They have officially sold their last office asset and transitioned completely to #multifamily assets. Veris' decision to switch to the multifamily sector is not just a strategic move but a testament to the evolving dynamics of the real estate market. With insights indicating a modest 1.5% boost in multifamily inventory in the Northeast for 2024, significantly below the national average, it speaks volumes about the resilience and attractiveness of this asset class. This effort will prove valuable for shareholders and provides the REIT with a much more favorable long term outlook in the eyes of the capital markets. I will say they still haven't made a leap into the southeast, so I am interested to see how they intend on expanding the portfolio from here. Under CEO Mahbod Nia, Veris Residential has: ✅ Deleveraged its balance sheet ✅ Derisked its exposure to office assets ✅ Acquired 7,600 units across strategic locations like New Jersey, Boston, suburban New York, and Washington DC. And these assets have significant presence along the Jersey City waterfront, which is poised for continued rental growth. ✊ RESPECT ✊ #realestate #REIT #buildtorent #leadership Southern Waters Capital https://lnkd.in/dunzbAFE

While we’ve done dozens of development deals in the past few years, we’re excited to announce our first property purchase since February 2020: the impending acquisition of a 300-unit garden-style multifamily property in suburban Dallas.     In today’s Bisnow article, Origin Co-CEO David Scherer discusses the impact of recent high-profile transactions by investment giants like KKR and Blackstone. With stabilized interest rates and strong fundamentals, multifamily demand is set to outpace supply. Read the article here: https://bit.ly/3XIGcFY #realestate #multifamilyinvestments #markettrends 

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

S2 Capital, led by co-founders Scott Everett and Ryan Everett, has secured its latest investment with the acquisition of Dartmouth Woods, a 201-unit multifamily community in suburban Denver. #S2Capital #RealEstateInvestment #MultifamilyHousing #DenverRealEstate #PropertyRenovation #InvestmentOpportunity #PropTechBuzz #PTB #PropTech #Innovation Read More - https://lnkd.in/dcwPu2CY —---------------------- If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem. Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.

🔑 A major move in the multifamily market! Equity Residential is set to acquire 11 apartment complexes from Blackstone for $964 million, adding over 3,500 units to its portfolio in key growth markets. This acquisition is not just the largest by a public REIT in seven years, but also a strategic bet on the recovery of rents and property values. 🏙️ #MultifamilyInvesting #GrowthMarkets

🏢 Multifamily investing stands as the largest—and arguably the most accessible—of the "core four" commercial real estate asset classes, which include office, retail, and industrial. Known for its consistent demand and potential for steady cash flow, multifamily properties offer investors a relatively straightforward entry point into commercial real estate (CRE). Whether you’re looking for income stability or asset appreciation, multifamily can be an ideal choice for both new and seasoned investors seeking to expand their portfolios and dive deeper into the CRE market! #RealEstateInvesting #Multifamily #realestateinvestmenttips #multifamilyinvestment #realestateinvest #realestateentrepreneur #multifamilyinvesting #buildingwealth #realestateinvestments #investinrealestate #realestateinvestment

🔑 A major move in the multifamily market! Equity Residential is set to acquire 11 apartment complexes from Blackstone for $964 million, adding over 3,500 units to its portfolio in key growth markets. This acquisition is not just the largest by a public REIT in seven years, but also a strategic bet on the recovery of rents and property values. 🏙️ #MultifamilyInvesting #GrowthMarkets