Standifer Capital has closed on a 2-property LIHTC portfolio in East TN! This marks Standifer's 18th acquisition overall and 10th acquisition in the East Tennessee market. This closing also represents Standifer's 1st LIHTC property acquisition under its new strategy. We are looking to acquire many more 1990+ LIHTC properties in the Southeast! #multifamily #affordablehousing #lihtc #multifamilyinvestment #realestate #multifamilyrealestate #realestateinvesting #tnrealestate #tn #commericalrealestate
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GLOBAL private-equity firm Proprium Capital Partners and AVID Property Group have launched a $374 million takeover bid for ASX-listed AVJennings, in a case of déjà vu for one of Australia’s oldest homebuilders. #mergerandacquisitions #capitalmarkets #buildingandconstruction #buildingconstruction
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It was great to get this one across the finish line, especially given the tight closing timeline. Matheson Capital is now invested in North Carolina, South Carolina, Georgia, and Alabama. We are going to continue investing in some of the nation's fastest growing states in the months and years to come. If you'd like to learn more about Matheson Capital and our newest investment opportunities, join our mailing list by using the link in the comments!
Late last month, Matheson Capital completed the acquisition of The Grove at Moundville, a 66-unit BTR community located in Tuscaloosa, Alabama. We were able to purchase this property at a phenomenal basis of just $215k / unit, and approximately $100 / SF. This marks Matheson Capital's first step into Alabama. Additionally, to complete this acquisition, we had to go from contract to close in just 36 days. Special thank you to Tommy Coleman and Parker Caldwell for brokering the transaction. #btr #commercialrealestate #passiveinvesting #passiveincome
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Sagard Real Estate has acquired Vista Imperio, a 158-unit garden-style multifamily property in Riverside, Calif. The acquisition is the first investment by Sagard Real Estate’s latest open-end fund: https://lnkd.in/ePUy9tTH
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Join James McLean as he chats with Joven Cuenco from Baja Construction Co., Inc. about the growing demand for RV storage in the Sunbelt. Learn how value-add acquisitions and strategic construction are meeting the needs of RV owners while solving space and city restrictions. Watch now to see how developers are turning extra acreage into high-demand RV storage solutions! #selfstorage #selfstoragefacility #selfstorageinvesting #realestateinvesting #realestate #investing
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Another great testament to Sweetbay Capital's persistence - even when it means closing on Christmas Eve after interest rates increased by nearly a full percentage point since signing LOIs. If you missed out on this deal, good news - we are under contract on another one in Columbia, SC and still have some room left for new investors. #realestate #investing #multifamily #privateequity
We are pleased to announce Sweetbay Capital’s acquisition of 3 more properties in Roanoke, VA totaling 100 units for an average cost per unit of $82,650, which closed on Christmas Eve. This marks Sweetbay’s 5th acquisition and 6th, 7th, and 8th properties, bringing our current portfolio to 276 units and pushing our cumulative unit count over 300! We are excited to expand our footprint in Roanoke, VA and our successful partnership with Greenbrier Management, who has helped us outperform our underwriting on all of our Roanoke investments to date. Big thanks to Clay Taylor at Thalhimer for bringing these deals together and to David Miller and his team at Longleaf Law Partners for their expert guidance on another complicated transaction involving multiple sellers, properties, and TIC entities. Of course, this deal would not have been possible without the diligence, trust, and support of our investors. Thank you all and happy holidays! #realestate #investing #multifamily #privateequity
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I'm happy to share that yesterday, Trion Properties, Inc. acquired the Fieldstone Glen Apartments, a 216-unit multifamily property in suburban Atlanta. Our southeast acquisitions team, David Moghavem, Adrie Moses-Bailey, and Felipe Montes de Oca, did great work. Raising money and closing deals in this environment isn't for the faint of heart. Understandably, many who invested in multifamily in 2021 and 2022 are frustrated with the performance of their investments and are currently not allocating. I don't have a crystal ball (I wish I did), but given the value correction, now feels like a strong entry point into the market as we approach the next cycle. I have a strong conviction that our investors in this deal and others who are prudently allocating will be heavily rewarded. #realestate #multifamily #passiveinvesting #passiveincome #alternativeinvesting #realestateinvesting
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NEWSTAR Exchange announces it has acquired Hadley Crossing by Stella Homes, a newly-constructed single-family rental subdivision in Charlotte, North Carolina, and launched a new Delaware Statutory Trust offering for accredited investors seeking tax-advantage real estate investments. This is NEWSTAR Exchange’s fourth Delaware Statutory Trust offering, having successfully raised more than $50 million in investor equity to-date. Learn more here: https://lnkd.in/g2DXNNk2 #NEWSTAR #NEWSTAREXCHANGE #HadleyCrossing #CharlotteNC
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PGIM Real Estate has provided a $120 million loan for Stonepeak's acquisition of a fully-leased, nine-asset industrial portfolio in Jacksonville, Florida, strategically positioned for access to major transport links. This marks our third industrial acquisition loan to Stonepeak this year, strengthening our commitment to growing logistics markets. https://lnkd.in/enEirwmg
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A team led by Michael J. Blankenship represented SPAC Advisory Partners LLC, a division of Kingswood Capital Partners, LLC, as underwriter, in connection with the closing of Shepherd Ave Capital Acquisition Corporation’s initial public offering. The offering comprised 8,625,000 units priced at $10.00 per unit, resulting in gross proceeds of $86,250,000, including the full exercise of the underwriter’s over-allotment option. Each unit consisted of one Class A ordinary share and one right entitling the holder to one-fifth of a share upon the consummation of a business combination. The team also included Jeremy Chang, Riley Doggett, Robert Allan Oakes IV, and Peter Staviski. https://bit.ly/3OGC57w #WinstonDealNews
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Real Estate Private Equity | Investment Management | Capital Advisory | FinTech Exec | Board Director | Strategic Advisor | Mentor | Founder
It’s an honor to welcome Brixton Capital back to the CrowdStreet Marketplace. Brixton was founded in 2012 and has owned and operated over $2B in historical AUM of multifamily property spanning more than 5,000 units throughout the Western U.S. and Texas. This apartment complex, purchased at a price below replacement value and recent sales comps, is located in Littleton, Colorado's #2 best city to move to. We invite investors to learn more about building a diversified investment portfolio with private real estate, how we pre-screen sponsors and investment opportunities, and how our members use the information provided to conduct their due diligence before investing. #apartments #multifamily #investing #denver #colorado #debt #equity #capitalmarkets #privateequityrealestate #alternativeinvestments #realestate #cre
Learn more about the newest deal on our Marketplace: Parkside at Littleton Village from repeat CrowdStreet Sponsor Brixton Capital. A 114-unit multifamily acquisition located 12 miles south of downtown Denver, the sponsor plans to implement a multifaceted business plan aimed at driving NOI growth. Learn more: https://bit.ly/3O4GCAm #CrowdStreet #CREinvesting #commercialrealestate #investmentopportunity
President & Founder at Phoenix Management Group, LLC (PMG) Pioneer | Visionary | Trendsetter - Endeavoring to make a positive impact on the lives of others that can never be erased
3moCongratulations! Looks like a great asset!