Real International’s Post

Uncover the investment potential in Wynwood's real estate market. Analyze property sales, rental trends, and the financial trajectory of this burgeoning neighborhood, where strategic investments align with the artistic heartbeat of Miami. 🏠 #ColumbusInternational #HomeisWhereWeAre 🏠 #Wynwood #RealEstateInvesting #FinancialInsights #MiamiWealth 🎨 #ArtBasel #StrategicInvestments 💸

A state tax credit program that would be available to both historic and non-historic buildings to revitalize downtowns, reimagine suburban office campuses, and repurpose at-risk assets across the state is the most effective solution to address the problems of building activation, vacancy, and potential disinvestment. This proposed tool would be beneficial for urban, suburban, and exurban communities, and is particularly impactful to small projects in which federal credits generate too much cost and complication and, critically, for buildings that are not on the National Register of Historic Places. As an added benefit, this proposal also reduces the strain on other local resources such as deferred funding, bonding, grants and TIF.

Exciting news from Markerr's latest report: Wichita, KS, is positioned for exceptional rent growth over the next five years, leading the pack among tertiary markets. With a robust 4.2% growth rate, Wichita joins Allentown, PA, at the forefront of this trend. Close behind are Bridgeport, CT, and Greenville, SC, showing strong growth rates of 3.9%. Syracuse and Albany also exhibit promising growth at 3.8%. #WichitaRealEstate #RentGrowth #TertiaryMarkets #MarketInsights

Reinvesting in our shopping centers and creating long-term growth and economic vitality is fundamental to our business and success. Several significant property transformations are highlighted below. #FederalPhilly

For Sale: 176-178 Court St, Plymouth, MA, 02360 – $1,895,000 – Email pat@ryanrealtygrp.com for additional details and showing requests. Investment opportunity in downtown Plymouth, MA. A mix of residential and commercial tenants offers diversified income streams with a balance of retail and residential spaces. Both the residential & commercial units have been well-maintained and offer modern finishes. The commercial spaces are suitable for retail or professional offices. Ample on-site parking with dedicated parking spaces for each unit. Close to iconic landmarks, parks, beaches, boutique shops, acclaimed restaurants, and major transportation routes. Large 24x24 detached garage with a bay and dedicated parking could be rented for additional income. The property has a strong rental history and a stable tenant base. Current rents are under market value. Long-term investment security with Plymouth's growing popularity and rich history. Whether you want to diversify your real estate portfolio or capitalize on the thriving local economy, this mixed-use property is poised to deliver value and lasting appeal. MLS #: 73230148 https://lnkd.in/e5Q4HDdQ

Frontier Verified! Excellent location with speeds up to 25GBs!

interesting article.

According to a Q3 2023 report by MSCI Inc., the office sector is currently facing the highest amount of #distress in the real estate market with $32.5 billion in distressed office assets, including both financially troubled and bank-owned assets. MSCI Inc. estimates potential distress in #office to be an additional $50.3 billion. Many office property owners are heading for the exits amid weaker demand and looming #debt maturities, while some, and very few, #opportunistic private #equity groups are beginning to capture what could be once-in-a-generation buying opportunities. One of those #privateequity opportunistic groups is the venture of The Bascom Group affiliate Harbor Associates, LLC, led by Joon Choi, Justin Loiacono, Paul Miszkowicz and Rich McEvoy, CCIM and F&F Capital Group, led by principals, Jeff Frieden and Robert Friedman. The venture recently acquired Westwood Terrace, a 164,700-square-foot five-story #distressed office building at 1640 South Sepulveda Boulevard in Westwood for $44.7 million or $271 per square foot — nearly 52% less than it traded for five years ago. Westwood Terrace was built in 1987 and located a block north of Santa Monica Boulevard. According to the The Real Deal, the seller was New York-based JPMorgan Chase & Co., which acquired the property in lieu of #foreclosure from a partnership that previously bought the building in 2018 for $92.5 million, or $562 per square foot. A $60 million loan from JPMorgan Chase & Co. was tied to the #property, for which the unidentified partnership failed to make payments or secure refinancing, resulting in the lender taking control of the #building. The building was 80 percent leased at the time of sale this month. 1640 Sepulveda had been repositioned in the market under the direction of top LA #architect, ShubinDonaldson . Spaces offer views of Century City, Beverly Hills and #Westwood. The Penthouse features a balcony on Sepulveda while all tenants enjoy the private patio to the north of the building with new decking, pergolas, and landscaping. Various suite sizes are available.  1640 Sepulveda is centrally located off the 405 Freeway and Santa Monica Boulevard, offering employees the opportunity to shorten their commutes. The Real Deal https://lnkd.in/g5q3EGWD #commercialrealestate #realestate #cre #realtor #realestateinvesting #commercial #commercialproperty #realestateinvestor #business #investment #propertymanagement #investmentproperty #construction #officespace #realestatebroker #broker #commercialrealestatebroker #investing #realestatelife

Property can be stressful at times, but this week has been good 👌🏻 Commercial space on Kirkby high street now finished and let, new tenants moving in next week. Valuation on the hole building done today, hopfully getting most of our money out ready to put into the next one. And with 2 applications received for the flats today, I’m ending the week happy!!! #propertyinvestment #propertydevelopment #commercialproperty #propertyconversion