Toll Brothers Apartment Living’s Post

This project is good for promoting FAMILY, RESEARCH, and QUALITY OF LIFE in New Jersey. Cardinale Enterprises is seeking equity partners for a three-phase, 222-acre project in Jackson where plans call for a new convention center, two hotels and hundreds of residential units alongside a host of existing retail space and athletic facilities. Brokers with JLL are leading the offering for what’s known as Adventure Crossing USA, which sits just off Interstate 195 and roughly a mile from Six Flags Great Adventure. They noted that the property at 515 Monmouth Road is already home to national credit tenants such as Taco Bell and Starbucks, which operate on long-term ground leases, as well as a large facility known as The Dome at Adventure Crossing that houses a Toptracer Golf and TopGolf Swing Suite, providing a strong foundation for the project’s additional phases. Those plans include a proposed hospitality and event center, JLL said, adding that the site’s flexible in-place zoning allows for the development of up to 1,200 residential units. That includes 228 homes that are fully approved as part of the project’s third phase, with an additional 13.39 acres to be developed. Currently, there are plans for a bowling alley, a cigar lounge and multiple restaurants on land adjacent to The Dome, among other possibilities, JLL said. The firm also noted that the existing space can be transformed into an indoor concert hall with seating for up to 4,900 and a stage or used as a sports venue with a full-size driving range or expo space. “Adventure Crossing is ideally located in the heart of central New Jersey, directly off I-195 providing connectivity from New York City to Philadelphia, and sits between the Garden State Parkway and New Jersey Turnpike, with proximity to the popular northern Jersey Shore points,” JLL wrote in its offering materials. “Nationally renowned Six Flags Great Adventure amusement park is situated adjacent to the property.” Adventure Crossing also has eight full-sized, multisport athletic fields, as well as a field house, which can be converted to outdoor concert space, JLL said. The facility attracts sports teams and families from far and wide, creating a constant demand for lodging food and entertainment. The marketing team includes JLL’s Ryan Robertson, J.B. Bruno, Kevin O’Hearn, Jose Cruz, Jeremy Neuer and Will Mitchell, with leasing support from the firm’s David Townes and Alana Friedman. Joshua Burd - Real Estate New Jersey 515 Monmouth Road, Jackson, New Jersey

In regenerative practice, urban designers improve the pedestrian experience. So if we can do it temporarily, people benefit from public spaces in the long run. "Trials can be a significant way to take an evidence-based approach to decisions". #placemaking #redesignproject #tacticalmethod #publicplace #publicspace

Sahar Chmais, Austin Business Journal. A new mixed-use development by CTC Residential is set to emerge in Kyle, a rapidly growing suburb. Slated to start coming online next year, the project features 384 class A apartments and 27,500 square feet of restaurant and retail space, expected to be delivered by late 2025. Located at 5839 Kyle Parkway, it will be near Ascension Seton Hospital and major retailers like Academy Sports + Outdoors, Lowe's Companies, Inc.’s, and Walmart Supercenter. Weitzman, handling the pre-leasing, is marketing 7,500 square feet for food and beverage and 20,000 square feet for inline shopping. The retail space leasing is led by Nick Naumann, James Van Trease, and Taylor Ponton, who are focusing on attracting food and beverage anchors, high-end fitness centers, coffee shops, cafes, and medical services. The development includes a 38,000-square-foot activated green space with amenities like a playground, sports courts, public art, and a boardwalk with an observation deck. This aligns with Kyle's growing fitness scene, marked by the presence of businesses like Xponential Fitness Inc.’s CycleBar and Club Pilates, and the city’s need for traditional gyms. Kyle's burgeoning food scene is also evident, with new entrants like Sprouts Farmers Market, Abbott's Frozen Custard, and OneTaco. Taquería, alongside H-E-B’s expansion plans. The city is strategically located between Buda and San Marcos and is attracting significant projects, including Tesla’s 1 million square foot facility, Capella’s 45-acre mixed-use project, and St. David's HealthCare hospital within a 155-acre mixed-use development. Kyle's daytime population within a three-mile radius is over 42,000, and nearly 69,000 within a five-mile radius, showcasing its potential as a bustling suburban hub. #kyledevelopment #mixeduseproject #ctcresidential #austinrealestate #classaapartments #retailgrowth #restaurantopening #leasingspace #greenliving #liveandplay #suburbanexpansion #realestateinvestment #commercialrealestate #communitydevelopment #healthcareexpansion #fitnesscenters #foodandbeverage #retailopportunities #daytimepopulation #texassuburbs

List Price - $3,000,000 Cap Rate - 4.62% Price Per Unit - $250,000 Price Per Square Foot - $403.12 Marcus and Millichap is pleased to present a 12 unit apartment building located at 1229 - 1231 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1936 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 7 garages which are generating income. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. There has been over $2B invested in real estate transactions & new development projects since 2013. There are 3,997 residential units in the development pipeline. Notable completed projects near the subject property include the Shoreline Gateway at 777 E. Ocean Blvd. which is 35 stories high with 315 residential units & 6,700 sq. ft. of restaurant and retail space, the Ocean View Tower at 200 W. Ocean Blvd has 142 units with 4,100 sq. ft. of commercial space, and Volta on Pine at 635 Pine Ave. has 271 units with 1,302 sq. ft. of retail and commercial space. Currently under construction is the renovation at the Breakers Hotel at 210 E. Ocean Blvd, Broadway Block at 330 & 333 E. Broadway which is 432 units and over 17,793 sq. ft. of retail space, Aster at 250 E. Broadway with 218 units and 7,300 sq. ft. of commercial space, as well as the Broadstone Promenade which is 189 units with ground floor retail space as well. The Long Beach port has been undergoing $4.4 billion in redevelopment that will create 14,000 new and permanent jobs in Southern California. Long Beach sustains its ability to attract renters due to its strong economy & quality of life. This is an excellent opportunity to acquire a quality asset in a high demand rental market with strong in place income in one of the best neighborhoods of Long Beach. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ For more information on this listing, please contact Arnie Suttipreechanun at (562) 257-1291 or Kevin King at (562) 257-1246. For more information, click here: .https://buff.ly/3U1C69G. #thekinggroup #marcusmillichap #longbeach #downtownlongbeach #belmontshore #SouthernCalifornia #SoCal #LongBeachCivicCenter #PortofLongBeach #QueenMary #multifamily #apartments #rentals #valueadd #walkersparadise #newtomarket #newlisting

Every streetscape redesign project I’ve worked on, parking has been the most contentious issue.   This Spinoff satire about current design proposals for upper Cuba Street in Wellington captures the situation hilariously (and scathingly).   Trying to encourage mode shift, improve the pedestrian experience, etc., always involves reallocating a bit of limited road space. In the Cuba Street case they’re proposing to remove 20 car parks primarily to widen a busy narrow footpath.   Unsurprisingly, a handful of shop owners are very vocally opposing the changes, out of fear for the impact on their business. These owners are presented as the villains and idiots in this satire, and their behaviour may warrant the caricature.   But the process and communication around such changes often leaves owners like them with no other role to play. All too often it plays out as pedestrian or cyclist versus automobile, with all the cultural and political baggage of that discourse.   (To be clear, I’m not necessarily suggesting that’s the case with this Cuba Street example.)   In Regenerative Practice, one of the principles we learn is that every truly creative act requires a reconciliation between apparently opposing forces. The impulse to create something new or make changes is met with a restraining force that is often experienced as a No, as a negative.   But this negative always comes from a place of love or care, having something of value to protect – which is a very positive sentiment. It only becomes negative as a reaction to a proposal that’s perceived as a threat.   Those wanting to widen the footpath are generally seeking the same outcome as those fighting to keep the car parks: a vibrant and fun shopping and entertainment district. There’s no disagreement about what to achieve, just different opinions on how best to do that.   Trials can be a great way to mitigate fears and take an evidence-based approach to decisions.   Widen the footpath in a cheap and temporary way for a week. Monitor it closely. Talk to people. You can even get electronic transaction data for the street to get quantitative data on the impact to businesses.   Then you can make a longer-term decision (or subsequent trial) based on real evidence from trialling one of your proposed approaches. And you may offer your apprehensive business owners another role to play.   #placemaking #parking #regenerativepractice https://lnkd.in/gfXxbuKe

I visited John Lewis Partnership and Assael Architecture, who kindly let me into their plan to build 10,000 new rental homes - some on top of Waitrose supermarkets - including first images of what they could look like and what perks tenants can expect. Build-to-Rent, or purpose-built rental buildings, are not well understood in the UK outside of property circles and certainly not among tenants. If John Lewis gets this right, they could pioneer more choice and better standards in our private rented sector. As Katherine Russell says, “I do feel like the tide is changing, but I still feel like there’s a long way to go. We’re at the foothills of it, but I think there is an acknowledgment that the housing market is not going to be solved by just building homes for sale. It needs to be a whole spectrum of tenures and this means we can also give housing back to the communities we already exist in.” Sophie Hine added: “I had no idea anything like this existed when I was renting privately. [Build-to-rent] is an industry that’s just not consumer-facing, which is why a brand like John Lewis coming into this could really be the start of changing public opinion and helping people to understand what it is.” https://lnkd.in/eMzKhdNJ

 We take immense pride in showcasing these two prime commercial lots, encompassing a total of 6+/- acres, strategically positioned just off I-10 and Washington Ave (Exit 50) on Big Ridge Rd. The land has been meticulously cleared and crowned for efficient drainage, laying the foundation for seamless development. Boasting approximately 214 feet of frontage along I-10 and 210 feet along Big Ridge Rd, the property ensures extreme visibility, enhanced by a combined traffic count of 71,500. This strategic location positions it as an ideal opportunity for businesses seeking optimal exposure and accessibility. The unique aspect of this property lies in its split zoning, catering to diverse development needs. The section facing I-10 is zoned C-3 Highway Commercial, offering a versatile space for commercial enterprises, while the portion along Big Ridge Road is zoned A-2 Agricultural Residential, providing flexibility for various land use options. This dual zoning configuration not only expands the potential use cases but also aligns with a well-thought-out urban planning approach. As we present these lots to prospective developers, we envision a vibrant and dynamic hub that capitalizes on both commercial opportunities and the scenic charm along Big Ridge Road. Beyond the property's physical attributes, its proximity to major franchise establishments, shopping centers, diverse dining options, and abundant entertainment venues adds another layer of appeal. This comprehensive access to amenities and services amplifies the potential customer base for businesses establishing themselves in this area. With cleared grounds, optimal drainage, and a strategic split zoning design, this property stands as a canvas for innovative development projects, and we are excited to usher in a new chapter for this prime location. Explore the possibilities and envision the future that can unfold on these 6+/- acres, strategically poised at the intersection of commerce and accessibility. (No value was given to older home on property facing Big Ridge Rd) Sharron Elmore - Broker Associate Southeast Commercial Real Estate - Ocean Springs Office 6911 Washington Ave Suite A Ocean Springs, MS 39564 O. 228-276-2700 C. 228-217-0791 www.southeastcre.com

I am pleased to present an exceptional investment opportunity. The Portofino Club Apartments, a 230-unit garden-style complex located in the prestigious Hidden Hills neighborhood of Jacksonville, FL. This property offers a compelling blend of value-add potential and stable cash flow, situated in a rapidly growing market known for its robust economic and demographic trends.   Investment Highlights: ·      Acquisition Price: $34.04M, approximately 23% below recent sales comps, presenting significant equity on purchase. ·      Location: Nestled in an affluent area with a median household income of $83K and significant barriers to new supply. ·      Occupancy: Consistently high at over 93%, demonstrating strong demand. ·      Value-Add Component: Plans to modernize 196 of the 230 units to help close the rent gap with newer offerings in the area, projected to increase average market rents significantly. ·      Strong Market Fundamentals: Jacksonville has shown a 23.8% increase in real GDP from 2017 to 2022, with continued job and population growth expected.   Financial Projections: ·      Targeted Annual Average Return (AAR): 26% ·      Internal Rate of Return (IRR): 20% ·      Cash-on-Cash Return: 8.3% ·      Equity Multiple: 2.3x   Capital Improvement Strategy: ·      Interior Renovations: Include upgrades to kitchens and bathrooms, enhancing overall appeal and competitiveness. ·      Exterior Enhancements: Include landscaping upgrades, parking lot improvements, and the addition of modern amenities such as a new clubhouse and fitness center.   Offering Details: ·      Minimum Investment: $50,000 ·      Commitment Deadline: May 25th ·      Accredited Investors Only: An accredited investor is generally someone with a net worth of over $1 million, excluding the value of one's primary residence, or an income of $200,000 each year for the last two years (or $300,000 together with a spouse if married).   MOST IMPORTANTLY, the operator on this project has an amazing track record in Jacksonville, having taken 11 properties full cycle here with an average 27.8% Net IRR!   I believe the Portofino Club Apartments represent an outstanding opportunity to invest in a high-quality asset with significant upside potential. I invite you to view the short video going over the details of this opportunity by clicking the View Webinar link in Comments.   You can also schedule a call with me to discuss the details of this opportunity.  

🏡 New Listing 🏡 📍 Bow Road, Milton Keynes, MK10 7 💷 Offers Over £180,000 *Shared Ownership: 80% Viewing Day Saturday 20th January By Appointment Only | Call Or Email Neil Mercer To Book Your Slot 📱 07825 114758 📧 neil.mercer@kwuk.com • 2 Double Bedrooms • 1 Bathroom • First-Floor Apartment • Large Open Plan Living Area • Allocated Parking • Immaculate Condition Throughout A lovely first-floor apartment with two double bedrooms in immaculate condition throughout. Located in Brooklands area of Milton Keynes. This property boasts allocated parking, falls within a sought-after school catchment, and is conveniently close to local shops and amenities. Available at a price equivalent to only 80% of its market value, this residence is an ideal investment for a first-time buyer. This home is perfect for those seeking a hassle-free move-in experience. Outside, there is allocated parking for one car and ample visitor spaces. The property is a short walk from local shops, including Lidl, Sainsbury's Local, Costa Coffee, a cake shop, doctors, and a gym. Kingston District Centre, more popular shops and restaurants such as Tesco Extra, Aldi, and Boots, are a short drive away at the Kingston Retail park This location is ideal for schools, with the property falling within the sought-after Walton High school catchment, just a brief walk away. The local nursery and primary school are also within easy reach. For commuters, the property is a short drive to the M1, providing convenient access to London and the North and approx 10-15 minute drive to Milton Keynes central station offering regular trains to London Euston. 80% MARKET VALUE........NO RENT TO PAY ON THE ADDITIONAL 20% Scheme - Reduced Cost property. These properties can only be purchased for the purpose of owner occupation. They cannot be acquired as a buy to let property or purchased and left empty. You purchase 80% of the market value and do not pay rent on the 20% that remains. The 20% is managed by the council and there is a covenant that remains on the title in the property. AGENTS NOTE: • There are approximately 117 year left on the lease. • Ground Rent is approximately £300 per annum. • Service Charge is approximately £1400 per annum. PARKING Allocated parking for one car, plus visitor bays. Shared Ownership Information: - Shared ownership percentage: 80% Council tax band: B EPC Rating: B https://lnkd.in/ekREsvrF

𝐖𝐚𝐲 𝐭𝐨 𝐠𝐨 𝐒𝐢𝐦𝐨𝐧 & 𝐓𝐞𝐚𝐦! 🚀 🌌 💥 BOXPARK assumes operational management of Buck Street Market in #Camden: Boxpark has agreed a long-term property management deal with Places for London, Transport for London's property company, for Camden's shipping container food and retail complex, Buck Street Market. 𝘉𝘰𝘹𝘱𝘢𝘳𝘬 𝘪𝘴 𝘢𝘴𝘴𝘶𝘮𝘪𝘯𝘨 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘮𝘢𝘯𝘢𝘨𝘦𝘮𝘦𝘯𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘴𝘪𝘵𝘦, 𝘢𝘯𝘥 𝘢𝘭𝘰𝘯𝘨𝘴𝘪𝘥𝘦 𝘗𝘭𝘢𝘤𝘦𝘴 𝘧𝘰𝘳 𝘓𝘰𝘯𝘥𝘰𝘯, 𝘴𝘢𝘪𝘥 𝘪𝘵 𝘱𝘭𝘢𝘯𝘴 𝘢 “𝘤𝘰𝘮𝘱𝘳𝘦𝘩𝘦𝘯𝘴𝘪𝘷𝘦 𝘳𝘦𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯 𝘵𝘰 𝘪𝘯𝘫𝘦𝘤𝘵 𝘯𝘦𝘸 𝘭𝘪𝘧𝘦 𝘪𝘯𝘵𝘰 𝘵𝘩𝘦 𝘱𝘳𝘪𝘮𝘦 𝘭𝘰𝘤𝘢𝘵𝘪𝘰𝘯”, 𝘸𝘩𝘪𝘤𝘩 𝘢𝘵𝘵𝘳𝘢𝘤𝘵𝘴 𝘮𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 30 𝘮𝘪𝘭𝘭𝘪𝘰𝘯 𝘷𝘪𝘴𝘪𝘵𝘰𝘳𝘴 𝘢 𝘺𝘦𝘢𝘳. The 12,000 square-foot site, which was bought by Places for London in October 2023, will undergo a significant refurbishment to revitalise the space and support more than 40 independent food operators and retailers, subject to planning permission from Camden Council. Boxpark said that the vision for Camden Market Buck Street aligns with its “dedication to supporting independent businesses and fostering vibrant community spaces, designed with local people”. Buck Street Market currently hosts 23 retail and 23 food units, operating daily, from 10am to 7pm. An initial investment from Boxpark will refresh the site, with plans for significant further investment in collaboration with Places for London in the coming year following engagement with existing businesses and the local community. Simon Champion, chief executive of Boxpark, said: “It’s an exciting challenge for Boxpark to reinvigorate an iconic destination like Buck Street Market. It’s no secret we have a love of locations beaming with culture and community, and Camden is no different. Camden Town boasts a world of food, music and the arts that is just so aligned with Boxpark's movement and culture. We are committed to flying the flag for independent businesses across the country, and this restoration will allow us to continue this in one of the most significant takeovers London will see this year. Following our Liverpool opening earlier this year, this next step for us is just the beginning of our upcoming expansion plans, and we hope to see a warm response from the local community.” Samantha Bain-Mollison, head of retail development at Places for London, said: “As the new owners of Buck Street Market, we are delighted to be working with Boxpark as they look to revitalise the space for all. We will be working closely with Boxpark as they work to improve the market and provide a welcoming and inclusive space that all Londoners can enjoy throughout the summer and beyond.” Last month, Boxpark launched its latest site in Liverpool, its first outside of the capital. Located in the Canning Hall at Cains Brewery Village, the 1,500-capacity venue is the group's fourth site in the UK since it launched in 2011.