TSB Capital Advisors’ Post

We found that transparency is the best strategy for everyONE’s success. That means no hidden fee, no commission splits, and no compromises. It’s time to think differently about real estate. Do the math 👉 https://lnkd.in/ehuBMUB2 #dothemath #ROGMC #realtyonegroup #realtorcommission #keepwhatyouearn

🚨The Weekly Newsletter is sent to ALL Commercial Real Estate Direct SUBSCRIBERS every Friday. Stay up to date on all commercial real estate news, transactions, and CMBS credit events. Top Headlines This Week: 🔷Large Loan on NYC Apartments Drives August’s Increase in Delinquency Volume 🔷Major Apartment REITs See Marginal Rent Growth in 2Q 🔷Drop in Value of Office Lease Concessions Might Not Be Inflection Point 🔷Plymouth Industrial Raises $256Mln to Fund Investments SUBSCRIBE TODAY TO CRE Direct: https://hubs.li/Q02NYFX70 #CRENews #CREDirect #CommercialRealEstate #CRE #CommercialRealEstateDirect #Trepp #CMBS #CREDirectNewsletter

We found that transparency is the best strategy for everyONE’s success. That means no hidden fee, no commission splits, and no compromises. It’s time to think differently about real estate. Do the math 👉 https://lnkd.in/eJujwkk5 #dothemath #ROGMC #realtyonegroup #realtorcommission #keepwhatyouearn

This 45-bedroom apartment block in Sheffield, S6 2DW, is fully tenanted and offers a gross yield of 6.1%. It is a freehold property listed for £6,500,000, matching the Zoopla valuation. The current and estimated annual rent is £33,205. Ideal for a buy-to-let strategy. [View listing](https://lnkd.in/eN9u6sdN) #trustbricks, #cashflowforlife, #retireearly, #retirementplans, #propertyrocks, #investingsmart, #propertyguide, #money, #bank, #returns, #btl, #buytolet, #buytoletinvestment, #property, #propertyinvestment, #invest, #investment, #realestate, #buytoletproperty, #investing, #investinginrealestate, #investinrealestate, #investinproperty

After speaking at the Missing Middle Summit on May 23 and then listening to the rest of the speakers provide a systematic overview of the development process for infill housing - acquisitions, planning, design, approvals, architecture, construction, condominium registration, financing, marketing... – I was struck by 4 avoidable pain points in the development process. We do basically everything in house @BlueLionBuilding so listening to so many thoughtful experts discuss their niches of the development process helped awaken me from my dogmatic slumber. Four major things that make sense when you're in the trenches, but just look wrong from 30,000' : 1 of 4 - Disconnect between cost of debt to acquire vs cost of debt to build vs cost of debt to maintain a missing middle building: As an educated outsider the details of financial instruments have always been a little opaque to me. Hearing that Secondary Lenders will provide ~2/3 of the capital to acquire land and a little higher LTV to build infill housing at a cost of Prime+7%(+fees), while the Canadian Mortgage and Housing Corporation will provide an roughly equal or greater amount of capital to landlords on completion of the build at a cost of Prime-2% is kind of shocking once you think about them as agencies in the same process. The costs of debt are roughly 10 percentage points apart depending on whether you create housing or maintain and operate it. I don't want to denigrate maintenance and operations (who said that beginner's discuss strategies while experts discuss logistics?) but if we're trying to create housing maybe this is a handy lever. On a project of this scale that's a delta of more than $250,000/year (msg me for assumptions + calcs) or, coincidentally, the cost of a good quality construction manager. If you're a citizen developer, that's something like 1/3-2/3 of your profit margin to service debt through the secondary market instead of a government backed lender. This seems fixable. I'm supposed to believe that the disparity is a free market response to the risk profile but that’s hogwash. Walk around Toronto – do you see a lot of half built & stagnant construction sites? [more soon]

In the latest edition of Student Housing Business, Asset Living's Senior Vice President, Johanna Janovsky, shares her insights on the growing challenge of shadow inventory and the values of purpose-built student housing. Click the link below to read more! https://lnkd.in/gU4xCDiy #propertymanagement #insights #TeamAsset

Urban Standard Capital recently closed a $6,000,000 acquisition loan for a client with a Time is of the Essence (TOE) closing. The client required a lender with committed, discretionary capital that could close quickly and with certainty. USC's Sam Hollander negotiated the transaction with a NYC based real estate owner. The financing provides the sponsor an opportunity to continue improving the property. USC continues to see an increase in demand for our bridge program to #refinance high-quality, well located #commercialrealestate assets that need additional time to lease up, season their existing rent roll, or execute value adding improvements. #nycrealestate #bridgeloans #realestate

Difference Between Student Housing and Regular Apartments What does it take to manage student housing? 🏠📚 Discover the unique challenges and insights in this short clip from The Cash Flow Digest, where Matt Faircloth chats with Michael Zaransky of MZ Capital Partners. Learn about the intense leasing periods, high turnover rates, and the critical timing required to succeed in student housing management. Full episode: https://lnkd.in/gktjq6Kk #StudentHousing #RealEstateInvesting #PropertyManagement #MultifamilyRealEstate #InvestmentTips #LeasingChallenges #RealEstateInsights #CashFlowDigest #MattFaircloth #MichaelZaransky

Ackman-Ziff will be attending the National Multifamily Housing Council Student Housing Conference in Las Vegas in a few weeks. Please reach out if you’re headed to the conference and want to get together to discuss any capital markets needs. ahaber@ackmanziff.com Simon Ziff #studenthousing #debt #equity #capitalmarkets #nmhc #trustonefirm #trustedadvisor #cre #programmaticequity #jvequity #capitalmarkets

Navigating the market can feel like a high-stakes game. Rohan explains that when the market is sluggish, competition is slow and almost dormant. But when the market picks up, so does the competition—particularly in areas like apartment assets. As the size of the deal grows, so do the complexities. He tells us that trust becomes a critical factor, with sellers favoring those they've successfully closed deals with before. So, in this ever-changing market, trust is your most valuable asset. Stay on top of the best deals in Multi-Family and Student Housing, https://lnkd.in/d4YS94Gk #RealEstateInvesting #MarketDynamics #BuildingTrustInBusiness