We found Indiana had high risk from private equity's influence in the housing market. ➡️% of homes purchased by medium, large, mega investors 𝟏𝟏.𝟏% ➡️ Change in share of homes purchased by medium, large, mega investors 𝟐𝟎.𝟒% (data from 2018-2022) PrivateEquityRisk.org https://lnkd.in/gxwyiCzz
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Columbus Real Estate Passive Investment Opportunity: Announcing Hartford Village Commons! We recently hosted a webinar detailing a promising multifamily investment in Columbus, Ohio. The recording is now available for those who missed it. Key Points: Newer 2015 Vintage Class B+ stabilized multifamily asset Prime location in America's fastest-growing market Cashflow on Day 1 of ownership Long term, fixed rate stabilized debt Why Invest in Hartford Village Commons: Preferred return payable after Q1 of ownership Projected 5 year hold period 1.9x equity multiple 14.9% IRR Bonus Depreciation/Cost Segregation Study-significant tax advantages 1031 exchange eligible This opportunity combines an expanding robust local economy fueled by an unprecedented technology sector boom, high housing demand, remarkable affordability, and a turnkey investment structure. To access the webinar recording and learn more about this investment opportunity, please click the link in the comments. Disclaimer: This is a 506c passive investment opportunity. Only accredited investors are eligible to participate. #RealEstateInvesting #MultifamilyProperties #PassiveIncome #AccreditedInvestors #ColumbusRealEstate #1031Exchange #CostSegregation #HottestHousingMarket Tom Kirkpatrick, Justin Nessen, Terry Bailey, Scott Kidd
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Yesterday while on the phone with a client we were discussing his future investing plans. He is a developer, and his last project was a successfully completed 5 story mixed use project in Jersey City. With over 30 years of experience transforming vacant land into buildings, he knows the landscape well. It didn’t take long for us to conclude that he was not interested in following this model again, or at least right now. Ground-up development comes with significant risks. It requires time and resources, and as we’ve seen with COVID-related supply disruptions and the inflationary environment that caused interest rates to double quickly, external factors can heavily impact a project’s success. Add in a burdensome process that often stalls progress, and it's clear why quality developers might hesitate. So, what does this mean for the residents of the city? Is it one less greedy investor unable to profit or is it one less local developer adding units to the stock of an area that is dealing with an affordability crisis? In this sort of environment, where so many are paying too high of a percentage of their income to pay their rent, we need to provide more units. We should incentivize quality local developers to build where they live because they care about their communities and their legacy. Their kids go to the schools, and they shop and eat in the city. I worry that the number of new products may start to decline as more and more quality builders decide to just renovate the existing product rather than add new ones. This cycle will further perpetuate the housing affordability crisis we are facing.
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My MOST asked questions! 🏡 I wanted to take some time to answer them and these are my most frequently asked questions. Who are the SHG? The Social Housing Group is an organisation that strive to make a positive impact on the lives of vulnerable people. Whose goal is to help home a million people and they need your help to do it! In return we give our investors a majority of the profit, because without them it would be impossible. How does it work? We use a rent to rent strategy! We take on, run-down apartment blocks or hmos, renting them back out to government-back supported living or social housing providers. Using investor funding to renovate these apartment blocks or hmos and bring them up to standard. The social housing or supported living provider fully manages these buildings, which allows everyone else to sit back and relax. Who are these for? These deals are packaged up and sold to our investors. Our deals are perfect for: - Time-poor investors, who simply don't have the time to be managing properties & wanting to expand their portfolio. - People who are wanting to start their investment journey, this method of investing reduces a huge amount of risks due to our contracts with government-backed providers. - ANYONE & EVERYONE who wants to start earning passive income and grow wealth through property!! Message me ‘INVEST’ if you’d love to learn more about our incredible, purposeful investment opportunity. #socialhousing #housing #invest #investing #investingstrategy #r2r #property #propertyinvestment #propertyinvestor #investinginproperty #wealth #buildingwealth
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Here’s a part of what’s gone wrong with to-the-nth-degree privatisation. What used to be council housing has for some time been social housing, which means it’s owned, in many cases, by investment funds. Here’s one, a ‘REIT’ (Real Estate Investment Trust) looking to sell its ‘portfolio’, which comprises houses and flats for the poor and vulnerable... https://loom.ly/wjMOqMM #councilhousing #investmentfund #realestate #estateinvestment #housing
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Indiana is at a higher risk of private, out-of-state companies buying up housing stock, according to a new national analysis. It also finds the trend may influence the #affordablehousing crisis in Indiana as the gap continues to grow. [see more about The Gap-Indiana https://lnkd.in/gwT9czWt] The Private Equity Risk Index assesses state policy to determine how private equity groups have opportunity to impact factors including housing and health. The most recent index gives Indiana a high risk score and said the state is one of the top ten for the share of single-family homes purchased by corporate investors. Prosperity Indiana Policy Director Andrew Bradley said the state's failure to pass legislation to hold landlords accountable is a factor. “I think in the bigger picture, that incentive that the state provides by not enforcing housing, health and safety standards, allows these out of state investors to come in, buy up properties. And then basically that's the last investment they make,” Bradley said. He says that leads to a depleted housing stock. Instances where bad-acting, out of state investors have neglected properties have proven difficult to remedy. In 2020, attempts to strengthen tenant rights in Indianapolis resulted in state lawmakers passing legislation to restrict local governments from these moves. Bradley said that has had a ripple effect. “Because we've taken away the tools for local governments to be able to combat that, it really puts the brunt first on the families who have no other choice but to live in the substandard units,” he said. “But also on our communities who have to deal with more emergency room visits and social service needs.” Previous reports have highlighted this private equity trend in Central Indiana. Last year a report by the Fair Housing Center of Central Indiana (FHCCI) found 27,000 Marion County homes are owned by corporate investors, and about half of those are out-of-state companies. The report also noted nearly 20% of all single family homes are rentals. The risk analysis offers policy recommendations, including tenants' right to purchase if a property is going up for sale and landlord registries to keep track of corporate owners. Bradley said they’ve called on the governor to appoint a commission on housing safety and affordability. [Sign on here: https://lnkd.in/giVf4cB6] https://lnkd.in/gxwyiCzz
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A new national analysis from the Private Equity Stakeholder Project finds that Indiana is 2nd-highest in the Midwest for risk from private equity takeovers. The state is in the top ten in the U.S. for the share of single-family homes purchased by corporate investors. Indiana’s policies, like those that incentivize out-of-state corporate investors to buy up the state’s housing supply and then run it into the ground by not following through on health and safety laws, drive up costs and put Hoosiers in danger every day. That’s why Prosperity Indiana and the Hoosier Housing Needs Coalition are calling on Governor Holcomb to appoint a Commission on Housing Safety, Stability, & Affordability. Join us: https://lnkd.in/gPN5pZWT
Indiana is at a higher risk of private, out-of-state companies buying up housing stock, according to a new national analysis. It also finds the trend may influence the #affordablehousing crisis in Indiana as the gap continues to grow. [see more about The Gap-Indiana https://lnkd.in/gwT9czWt] The Private Equity Risk Index assesses state policy to determine how private equity groups have opportunity to impact factors including housing and health. The most recent index gives Indiana a high risk score and said the state is one of the top ten for the share of single-family homes purchased by corporate investors. Prosperity Indiana Policy Director Andrew Bradley said the state's failure to pass legislation to hold landlords accountable is a factor. “I think in the bigger picture, that incentive that the state provides by not enforcing housing, health and safety standards, allows these out of state investors to come in, buy up properties. And then basically that's the last investment they make,” Bradley said. He says that leads to a depleted housing stock. Instances where bad-acting, out of state investors have neglected properties have proven difficult to remedy. In 2020, attempts to strengthen tenant rights in Indianapolis resulted in state lawmakers passing legislation to restrict local governments from these moves. Bradley said that has had a ripple effect. “Because we've taken away the tools for local governments to be able to combat that, it really puts the brunt first on the families who have no other choice but to live in the substandard units,” he said. “But also on our communities who have to deal with more emergency room visits and social service needs.” Previous reports have highlighted this private equity trend in Central Indiana. Last year a report by the Fair Housing Center of Central Indiana (FHCCI) found 27,000 Marion County homes are owned by corporate investors, and about half of those are out-of-state companies. The report also noted nearly 20% of all single family homes are rentals. The risk analysis offers policy recommendations, including tenants' right to purchase if a property is going up for sale and landlord registries to keep track of corporate owners. Bradley said they’ve called on the governor to appoint a commission on housing safety and affordability. [Sign on here: https://lnkd.in/giVf4cB6] https://lnkd.in/gxwyiCzz
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U.S. housing has been a large topic of discussion, specifically the lack of housing and the high costs of what is available. With the topic so prevalent, Walker & Dunlop Chairman and CEO Willy Walker had Ryan Marshall, CEO of home-building company PulteGroup, on the Nov. 13, 2024 Walker Webcast. #cre #finance
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Transform Your Affordable Housing Goals into Reality with Stratford Capital Group At Stratford Capital Group, we're not just in the business of investments; we're in the business of making a difference. With over 28 years of proven expertise in affordable housing tax credit syndication, we stand at the forefront of the Tax Credit equity marketplace, having raised more than $2.6 billion in equity for affordable housing transactions. Our suite of services is designed to empower developers and investors alike: LIHTC Investment Opportunities: Unlock unparalleled opportunities in Low-Income Housing Tax Credits to fuel your project's success. Developer Equity Investment Opportunities: Partner with a leader in equity financing to bring your affordable housing projects to life. Asset & Fund Management: Benefit from our comprehensive oversight, ensuring investment quality, safety, and performance from initial underwriting to disposition. Why Choose Stratford Capital Group? Increased Returns: Leverage our experience for economic returns that meet and exceed your expectations. Strategic Financial Planning: Tailored investment funds designed to meet your specific needs, whether that's satisfying Community Reinvestment Act requirements or achieving economic returns. Compliance and Risk Management: Rest easy knowing our proprietary risk management database and meticulous compliance checks are working around the clock for you. Established Network: Gain access to our well-established network of industry contacts, essential for any successful real estate investment venture. Our commitment to customer service, innovative financing options, and personalized relationship building sets us apart. At Stratford Capital, your investment isn’t just a transaction; it's a partnership towards creating impactful, affordable housing. People. Passion. Purpose. . . #MakeADifference #TeamStratford #PeoplePassionPurpose #realestate #affordablehousing #affordableliving #affordableappartments #community #LIHTC #familyliving #affordablefamilyliving #apartments #housing #apartments #apartment #lowincomehousingtaxcredits #affordablehousing #housingforall #housingcrisis
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It's official, Michigan has the oldest homes in the US! Now, while this stat may be alarming to some - those who prefer the more modern house investment - to us it's a golden opportunity for value investing. Our focus is on: 1. Acquiring well-built & undervalued properties within suburban areas of Detroit. 2. Locating fix & flip opportunities with high potential for a quick ROI. 3. Researching cost-effective opportunities for the implementation of Section 8 housing. With Detroit city seeing exceptional change & growth, we are confident in leveraging the opportunities currently available within this area. (Map source & credit: John Burns Research)
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Bisnow reports on a surge of private equity investments in manufactured housing and the impact that is having on annual lot rents for manufactured home owners. https://buff.ly/49B10mB
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