Commercial Observer’s Post

How Investors and Developers Are Navigating a Touch-and-Go Multifamily Market Contact me to discuss the latest scoop in real estate! #Fishkill #Homebuyers #Homesellers #DutchessCounty #Poughkeepsie #Beacon #newyorkrealestate #newyorkrealestateagent #nyrealestate

Are you tracking the 50+ senior living facilities currently being foreclosed on around the country? In the past week I attended foreclosure sales on 2 senior living facilities in Dorchester and Berkeley counties, SC. Both went back to the lender, with bids in excess of $10mm each. Do you know if this is a result of Enlivant ceasing operations in 2023, and the associated Sabra/TPG portfolio? Please share information if you know. Fannie Mae will likely have these properties back on the market one day soon. #seniorliving #assistedliving #commercialrealestate #assetmanagement

I underestimated the scope of the senior living facilities being foreclosed on around the country. Fannie Mae v. Amelia Aid Propco LLC, et al., Defendants includes +/- 128 properties in 23 states. Wow, raise your hand if you invested in this JV. #commercialrealestate #realestateinvestment #projectmanagement #assetmanagement #seniorliving

These two dudes Wemimo Abbey and his co-founder are doing an incredible job. Esusu is working to fix a fundamental injustice in the credit system, and helping both renters and real estate owners and operators along the way. Since its founding in 2018, the company’s rent reporting program has helped millions of renters create or improve their credit and has been so successful that Freddie Mac, a Government Sponsored Enterprise (GSE), worked with Esusu to bring the service to its borrowers around the nation. The Real Deal sat down with Samir Goel, co-founder and co-CEO at Esusu, Corey Aber, vice president of Multifamily Mission, Policy & Strategy at Freddie Mac, and Jonathan F.P. Rose, founder of Jonathan Rose Companies, to learn about this program’s far-reaching impacts on renters’ lives and real estate owners and operators’ bottom lines. What It Means to Be Credit Invisible Goel founded Esusu with Wemimo Abbey to solve one of the major financial problems of our time. “45 million people in this country are credit invisible,” explains Goel, “and there’s close to 100 million more that are what you would consider to be credit thin or have poor credit.” Oftentimes, having a low or non-existent credit score is not the fault of the consumer; as Goel puts it, “Credit treats you as though you’re guilty until proven innocent.” Being credit invisible or credit thin prevents one from engaging in basic economic activities, from getting approved to rent an apartment to qualifying for a car loan, and even to securing certain jobs. As Goel says, “These are things that a lot of people in this country take for granted.”

Breneman Capital's founder, Drew Breneman, was highlighted in a recent The Real Deal article regarding the distress (or lack thereof) in the Chicago multifamily market. The article notes that less than a dozen buildings over $1M are distressed out of tens of thousands of buildings that size. The lack of distress really speaks to Chicago's resiliency and low volatility. Read more here: https://lnkd.in/d2eg2jfQ

And build with a fire sprinkler system, regardless of square footage or type of occupancy.

With quality of life, physical and mental well-being becoming the priority, most of the homebuyers and investors today prefer gated communities or integrated townships that provide all the facilities and secured living. #realestate #realestatelife #realrichnews #investmentstrategies #investmentproperty #richlifestyle #InvestmentAdvice #RealRich #investinyourfuture #investments #Investing #realestateinvesting #realrichfunda #property #investmentopportunity #investmentstrategies #buyingahome #buyingahouse #firsttimehomebuyer #RealRichPrediction #shortterminvestment #investinrealestate

American Street Capital Secures $41.6 Million for Florida Multifamily Portfolio Read the full article below..

Calgary's Housing Strategy Faces Challenges #calgarymarketstats #calgaryrealtor #calgaryliving #firsttimehomebuyers #realestateinvesting #yycrealestate #yycrealtor #yycmarketstats #yyc #calgaryrealestate

Looking to make your real estate dreams a reality? Real estate lenders got you covered! Whether it's residential new construction, renovations, or even land acquisition, they provide the funding you need. From multifamily projects to cash-out and refinance options for landlords, the possibilities are endless! 💼🏡💰 #RealEstateGoals #FundingYourDreams"