Pintar Investment Company’s Post

Big moves by big players! Large investment managers are making large bets that the residential real estate rental sector has bottomed out. If you are interested in discovering how you can invest in institutional quality real estate investment products, please feel free to reach out to me at any time. Pintar Investment Company #BTR #InvestmentOpportunities #ResidentialRealEstateInvestments #PassiveInvestments #RealEstate

Institutional investors are jumping back into the market! Stabilizing supply dynamics and continued demand for multifamily housing is providing support for future rent growth. This week, KKR solidified its bet that trend will continue with its $2.1 billion portfolio acquisition of over 5,200 apartments in markets nationwide. With institutional multifamily pricing down about 20% from its peak nearly 2 years ago, could this acquisition and others recently completed by private equity backers be a sign the institutional investment market more broadly is seeing a bottom in multifamily pricing? Private client multifamily has seen a similar decrease in value over the last 2 years but has enjoyed a pick-up in investment activity YTD, with investors lured in by various factors. Many times, this includes an attractive cost basis, potentially lower than replacement cost. Time will tell if wagers by these early movers pay off, but with stabilizing costs of capital, additional clarity looking forward, and the big fish beginning to bite, we could be in for a years-long bull market. What do you think? Looking at any potential investments yourself? Send me a message . I'll be happy to offer any insights CBRE has available to help you make the best investment decision you can. #SoCalPrivateClientLending #AgencyLending #FreddieMac #FannieMae #Multifamily #MultifamilyInvesting #MultifamilyRealEstate #MultifamilyFinance #CommercialRealEstate #CommercialRealEstateFinance #PrivateClient #PrivateClientLending #CRE #CREF #CREFinance #CBRE #CapitalMarkets #Debt #Finance #InvestmentProperty #1031Exchange #Refinance #Acquisitions #Loans #LoanOptions #MortgageBroker #MortgageBanking #CMBS #BankLending #DebtFunds #LosAngelesRealEstate #LARealEstate #CaliforniaRealEstate #CARealEstate #OrangeCountyRealEstate #OCRealEstate #SanDiegoRealEstate

Exciting News in Real Estate: Blackstone (BX-N) to Acquire Tricon Residential Inc. (TCN-T) in a $3.5 Billion Deal. Blackstone Real Estate Partners X, along with Blackstone Real Estate Income Trust, Inc. (BREIT), is set to take Toronto-based Tricon Residential Inc. private in an equity transaction worth $3.5 billion. The offer of $11.25 per Tricon common share represents a premium of 30% to the closing share price on Jan. 18, showcasing Blackstone's confidence in the acquisition. Key Highlights: - BREIT to retain approximately 11% ownership post-closing. - Commitment to complete Tricon's existing multi-billion-dollar development plans for multifamily housing in Toronto. - Additional $1 billion investment to upgrade U.S. rental properties. - Tricon's impressive portfolio includes 38,000 single-family rental homes in the U.S. Sun Belt and multifamily apartment buildings in Toronto. - Plans to finalize a $1 billion development pipeline for single-family rental homes in the U.S. and $2.5 billion for new apartments in Canada. Strategic Rationale: Blackstone's acquisition aligns with its commitment to enhancing housing supply across the U.S. and Toronto. With a focus on delivering an exceptional resident experience, the partnership aims to capitalize on Tricon's existing strengths while leveraging Blackstone's expertise and capital for future growth. #RealEstate #Acquisition #Investment #Blackstone #TriconResidential

How can you go wrong with these numbers!? wise investing, make your money work for you!

Just for the record’s sake, over the past ten years cap rates declined approximately 200bps, or 20bps per year in a fairly consistent downward trend. They could be financed at 75%+ leverage at positive spreads of 100+bps. If you bought deals at say a 5% cap and failed to increase NOI a single dollar over three years, then sold them at a 4.4% cap, you would deliver a 23% IRR and a 1.8x multiple. In the absence of cap rate compression, the IRR would have been 8%, and 3% (nearly half) of that is due to the positive spread on the leverage. In 2018 you could have bought a 30 Year Treasury and sold it two years later for a 50% capital gain plus interest. This yielded a 26% IRR and 1.6x multiple, and you incurred no fees or promotes, took no leverage and incurred far less risk. You also enjoyed the benefit of full liquidity. If you’re an investor, do yourself a favor and ask deeper questions about how a track record was achieved so that you can apply it to the current and expected environment going forward and make better informed decisions about how much of a sponsor’s returns were due to their own efforts vs. gail force tailwinds from the greatest artificially created asset price bubble in the history of mankind. The good ones know how returns were generated and the bad ones have no clue. We’re now in an environment where leverage is negative (and thus it’s far riskier and you can get less of it). We may be entering a new secular era of rising interest rates, with implications for asset price valuations and the refinancing risk.

"A great time to buy commercial real estate is upon us." "Investment windows like this one only happen every 10 or 20 years." "2024 will be one of the best vintages so far this century." "Open-air, necessity-driven shopping centers are experiencing improved occupancy and rents — customers want to be able to walk to the barber, dry cleaner, grocery store, and other businesses." Baceline Group is an active #buyer AND accepting new #investments into our core income fund of 124 necessity-based, Neighborhood Shopping Centers. Contact our Acquisitions Team or Investments Team for additional information. CONTACT Acquisitions | [email protected] Investments | [email protected] Dusty Batsell Ari Michaeli Charley White Sameer Khan Matt Toczylowski #retail #neighborhoodretail #commercialrealestate #acquisitions #coreincome

🏢💼 According to the Wallstreet Journal, KKR Makes Record-Breaking $2.1 Billion Multifamily Purchase! 🌟 In a monumental move, KKR has completed its largest-ever acquisition of apartment buildings, highlighting a renewed confidence in the multifamily housing market. 🔥🏠 The New York-based private equity giant secured 5,200+ units across the nation, including properties in California, Texas, and New Jersey. This $2.1 billion deal encompasses 18 new mid- and high-rise buildings, finalized on Tuesday. 📆🏙️ What does this mean for the future of multifamily investments? It means prominent investment firms are betting on a broad rebound for multifamily housing and so does Viking! #realestateinvestmenttips #multifamilyinvestment #investmentadvisor #investmentideas #multifamilyinvesting #buildingwealth #realestateinvestments #investinrealestate #realestateinvestment

The multifamily market is in a different place than it was a week ago, marked by another earth shaking portfolio acquisition by KKR. In the span of roughly 2 months, following Blackstone’s $10B purchase, KKR has made the second multi-billion dollar bet on the health of the multifamily market moving forward. These acquisitions will continue to bolster the confidence of both private and institutional groups alike, creating more dynamic bid sheets that foster competitive pricing. The dreaded bid-ask spreads of the past 2 years are narrowing. https://lnkd.in/eSasjKVz

Continued developments in the Single Family marketplace / Rentals | 𝗙𝘂𝘁𝘂𝗿𝗲 𝗧𝗿𝗲𝗻𝗱𝘀:  Points towards ongoing consolidation within the SFR market, driven by the need for greater operational efficiency and sophisticated analytics. As FCPowell implies “rate cuts” in the 2half ‘24 continued activity like this could be the norm.