Housing Today’s Post

Local private investor acquires prime asset leased to Anglicare in Brisbane Technology Park sold for $23 million - Cushman & Wakefield Business & Technology Precinct developer Graystone Group have sold a brand new commercial asset for $23 million. The deal negotiated exclusively by Mike Walsh and Peter Court of Cushman & Wakefield, marks their third suburban office park transaction this year alone. Their successful portfolio now exceeds $55 million in transactions, including the recent sales of 35 Miles Platting Road, BTP ($13.55 million) and 381 Macarthur Avenue, BTP Northshore Hamilton ($18.5 million). Mike Walsh Cushman & Wakefield’s Director & Joint Head of Middle Markets QLD commented on the continued success of suburban office park transactions, "These deals reaffirm the outperformance of these parks, attributed to the cost-effective value proposition they offer, compared to immediate inner-city options. Jonathan O'Brien Jessica Freeman The ASEAN Developer Bruce Anderson Peter Robbie Kirsty Heymink Bruce Loxton Clint Bellamy Amber Farthing Lorenzo Parenti Sam Arkell Margaret Hutchison Patrick Birchley Evi Meka #cushwake #cushmanwakefield #cushmanandwakefield #cre #commercialproperty #commercialrealestate #realestatedevelopment #realestateinvesting #propertyinvestment #brisbanerealestate #brisbaneproperty #realestatedeveloper

Another M&A deal in the UK REITs space as LondonMetric Property PLC (LMP) looks to acquire LXi REIT PLC. This highlights yet again how the sector has suffered from a lack of scale, thus limiting access to wider pools of capital, and with it growth. “One of the biggest challenges for the UK-listed property [sector] is lack of scale,” said Colm Lauder, principal at consultancy Lingard Capital Advisers. He said the deal would create “another vehicle with scale out of two vehicles that are subscale”. My thoughts in the Financial Times today via Joshua Oliver. https://lnkd.in/dcpnBTyc #realestate #ukrealestate #lingardcapitaladvisers #londonmetric #reits #investment #property #finacialtimes #lxireit

$3.5B for BTR. #TuesdayCRE #CommercialRealEstate #CommercialDebt #CommercialInsurance After Blackstone raised its biggest real estate fund in its history last year, it is putting billions of that funding toward taking a publicly traded single-family rental developer private. Blackstone, through the Blackstone Real Estate Partners X fund and its Blackstone Real Estate Income Trust, has reached a deal to purchase Tricon Residential for $11.25 per share, or $3.5B in cash, the firms announced Friday. The price amounts to a 30% premium on Tricon’s Jan. 18 closing price on the New York Stock Exchange. The transaction is expected to close in the second quarter and will give Blackstone control of 38,000 single-family rental homes in the Sun Belt as well as apartment developments in Toronto, according to a release. #SourcingAndSelling #SellingAndSourcing #Retwit #2024 ~ Contact Us for Commercial Investments, Financing and Insurance. Multifamily, Industrial, Hotels, Office, Retail, Development Sites, Plus. #ListWithLance #LanceLoans #LetLanceInsureYou #CRE #Owners #InvestmentProperties #Multifamily #Industrial #Hospitality #Retail #Development #Construction #Commercial #CommercialTransactions #CommercialFinance #CommercialInsurances #CommercialTitleAndClosing #CommercialProp https://lnkd.in/g5WR5SJ3

New Rules in Toronto are allowing to turn a single-family home into a fourplex or a triplex. You can also take advantage of the backyard space and build a garden suite. With additional density on the property, you have a good cash flowing property that you can hold on for a while and take advantage of appreciation and tax right offs. There are lots of these opportunities in the West end of Toronto, make sure to get in touch with me to learn more about it and start investing. #toronto #realestate #torontorealestate #realestateinvesting #realestateinvestor #investment #investmentproperty #investor #fourplex #triplex

The strategy enacted by Vistry to concentrate solely on partnerships housing leverages current market dynamics to potentially forge a robust path forward, albeit not without substantial risks.. Yes, this restructuring will result in substantial cost savings, enhancing the firm's profitability margin in the medium term. Pre-selling a minimum of 50% of units can potentially mitigate financial risks associated with new developments. By honing in on partnerships, Vistry can develop a specialised skill set and knowledge base that can offer a competitive edge. However, streamlining operations to focus only on partnerships reduces the agility to pivot strategies in response to future market dynamics. This strategy puts a massive bet on the continuous demand in the partnerships housing segment, which might see fluctuations. The strategy involves a sweeping reorganisation which might breed operational complexities and teething problems, potentially affecting service delivery and customer satisfaction in the short to medium term. The large initial gains expected in Partnership Housing may well entice other house builders to follow suit, intensifying the competition in the partnerships housing segment. With a reduced output in private housing, there could be a further step backward to meet the demand for first-time buyer homes, leading to significant upwards price adjustments due to changes in supply dynamics. While the strategy leverages current strengths in partnerships and seeks to bolster shareholder value through a focused approach and cost savings, it comes with significant inherent risks including overreliance on a single market segment and potential operational hiccups during the transition period. It nudges the UK house building sector towards more integrated and collaborative approaches, yet signals a competitive crunch in the partnerships housing segment. It would be prudent to maintain a vigilant eye on market dynamics to navigate the nuances of this strategic pivot successfully. I would hope that there is a strategy to revisit the diversified business model if required, to not sideline a considerable market segment completely. Failure to do so could send another building giant to the wall.

Private equity money flows into the rental housing market as shown by the latest move of Blackstone in the UK. With the „higher for longer“ scenario a wise and much needed capital deployment to support the underserved and depressed contruction volumes in the multi-family house sector. Combined with expected rental growth above inflation, this will likely be a very compelling investment case going forward not only in the UK. #realestate #propertyinvestments #buildtorent #inflationprotection

I'm delighted to hear this exciting news! The recent high-value real estate transaction just in my town #surfside, FL, involving Kushner Companies' acquisition of a distressed development site for $40 million is indeed a remarkable development. The collaborative effort between Kushner Companies, Shaya Boymelgreen, and Fuse Group to successfully navigate the intricacies of this deal showcases the dynamism of the real estate market. This acquisition represents a significant milestone for Kushner Companies, poised to capture substantial attention within the real estate industry. It will be captivating to track the company's future strategies for the property and their potential contributions to the local real estate landscape. We eagerly await updates on any further developments related to this transaction and the potential impact it may have on Surfside's real estate market. Your enthusiasm is truly infectious, and witnessing such substantial transactions is always a source of excitement and interest. #realtor #developers #SurfsideRealEstate #KushnerCompanies #RealEstateTransaction #PropertyAcquisition #SurfsideFL #RealEstateMarket #PropertyInvestment #DevelopmentSite #RealEstateNews #InvestmentMilestone #PropertyDevelopment #LocalRealEstate #ExcitingNews #RealEstateIndustry #InvestmentSuccess #SurfsideProperty #RealEstateDeals #PropertyInvestment #RealEstateUpdate #MarketDynamics #DynamismInTheMarket #KushnerInvestments #SurfsideFLProperty #RealEstateEnthusiasm #MajorTransaction #RealEstateBuzz

One of our projects demonstrates the transformative power of the BRRRR (Buy Rehab Refi Rent Repeat) method.  This is a great example for those seeking inspiration to convert run-down properties into stunning, new spaces on a budget. Bostyn Brodine Brea Burger and I specialize in reviving worn-out houses, crafting comfortable living spaces for our future tenants, and the incredible evolution of this property from its 'Before' to 'After' state. #BRRRRmethod #RealEstateInvesting #realestate #realestateinvestor #financialfreedom #familybusiness #generationalwealth #PassiveIncome #WealthBuilding #Partnerships #GrowthMindedInvestor  #reiforfi #familyofrei

Here’s a roundup of recent real estate news and transactions in the Philadelphia area. To read the full article, head to:  https://lnkd.in/ereJ6FeP For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/  #realestatenews  #PREC  #realestate  #philadelphiarealestate  #CommercialRealEstate  #CRE  #RealEstateInvesting  #IndustrialProperty  #PropertyManagement  #InvestmentProperty  #CommercialProperty  #AssetManagement  #CommercialBrokerage  #PropertyInvestment  #PropertyPortfolio  #CREIndustry  #PropertyValues  #CommercialRealtor  #RealEstateMarket

🏡 Here's another example of one of our 100% Hands-Free Investments in Liverpool which has been sourced, negotiated, purchased, refurbished, and tenanted for one of our clients!🎉🎉🎉 This time in the popular Old Swan, L13. This one was already tenanted to a couple👩👦 and they were delighted that they could stay on and this also meant that our investor didn't need to spend as much on a refurb. So, it's a win-win!💪 Here are the numbers #liverpoolproperty #liverpoolinvest #InvestLiverpool #liverpoolestateagents #propertyinvestmentuk #HighYields #highyield #buytolet #buytoletinvestment #buytoletproperty #buytoletliverpool #investinliverpool