Insite Property Group Debuts Los Angeles Storage Facility
The company financed the 71,000-square-foot development with an $11.1 million loan originated by Valley National Bank. :
InSite Property Group has debuted a Class A SecureSpace Self Storage property in Torrance, Calif. The facility provides 71,000 rentable square feet of climate-controlled space. The developer acquired the site for $5.6 million from Wentworth Property Co. in December 2019. One month later, Valley National Bank originated an $11.1 million construction loan for the project, according to Los Angeles County records. The property occupies a 2-acre parcel at 722 W. 220th St.
Council Post: Can Industrial Real Estate Be The Cure To Your Property Investment Needs?
Change is coming, and you don't want to end up on the wrong side of the interstate. : Polk Properties offers over 30 yrs of Real Estate Vision and Expertise you can trust and depend on. We focus on long-range portfolio value. Now is a great time for the industrial real estate professional. More so than in any other segment of the real estate industry, social distancing a less disruptive factor to industrial operations. And more than others, the industrial sector still has a strong income stream.
On Point. - Real Estate Investment Trusts (reits) | Mayer Brown Free Writings + Perspectives
Real estate investment trusts ("REITs") are professionally managed companies that invest in real estate, mortgages and real estaterelated assets on behalf of their investors. Established in 1960, REITs were designed to democratize real estate investing by providing retail investors with the opportunity to obtain passive gains from large-scale, income-producing real estate and mortgage portfolios. REITs typically receive preferential tax treatment in the form of no entity-level tax and are...By: Mayer Brown Free Writings + Perspectives.
10 Must Reads For The Cre Industry Today (dec. 3, 2020) | National Real Estate Investor
The FTC is filing a complaint against CoStar's planned acquisition of RentPath, reports Commercial Observer. The Real Estate Roundtable published its most recent economic sentiment index, which found optimism growing among industry executives. These are among today's must reads from around the commercial real estate industry.
Family Offices Hone Their Real Estate Investment Strategies
The world was still feeling the aftershocks of America's subprime mortgage crisis when Julien Haccoun landed his MBA and became a principal of his family office in South Florida. The country's unemployment rate was stuck at about 9 percent, and the housing market had yet to recoup. Rather than returning to his native France after graduating in 2011, Haccoun moved into his family's second home in Miami, where he witnessed hundreds of properties being sold ... [more] The post Family offices are gearing up to pounce on distressed real estate appeared first on The Real Deal South Florida.
How To Market Real Estate Funds To Potential Investors | National Real Estate Investor
If a real estate entity or fund is able to take some uncertainty out of the investment process, they will have a competitive advantage.
How To Market Real Estate Funds To Potential Investors
If a real estate entity or fund is able to take some uncertainty out of the investment process, they will have a competitive advantage.
Westdale Makes A Takeover Offer For Aimco | National Real Estate Investor
The unsolicited offer is at a premium to the REIT's $4.7 billion current market value. : (Bloomberg)--Westdale Real Estate Investment and Management has approached Apartment Investment & Management Co. with an all-cash takeover proposal, people familiar with the matter said. The unsolicited offer for Aimco is at a premium to the real estate investment trust's market value of about $4.7 billion before the approach was revealed, the people said, asking not to be identified as the matter is private. The target has not yet responded to the proposal, which was made last week, the people said.
Council Post: Five Things To Consider When Investing In Multifamily Real Estate Syndication Deals
Syndication deals are one way to invest in multifamily real estate. : Founder | CEO at Sterling Rhino Capital, we help people retire early through multifamily real estate investing. Many people choose multifamily real estate as an investment option. Within this category is the syndication deal. Whether you intend this type of investment to be your sole focus or one of several investment aims in your portfolio, there are important considerations to weigh.
Commercial Real Estate Executives Optimistic Despite Serious Current Market Challenges
WASHINGTON, Dec. 2, 2020 /PRNewswire/ -- Commercial real estate executives expressed a modest increase in optimism about future market conditions, according to The Real Estate Roundtable's Q4 Economic Sentiment Index, released today. A majority of respondents to the annual survey noted that general conditions one year from now will be either "somewhat better" or "much better" than today. ...Full story available on Benzinga.com.