We purchase properties below replacement cost, that are undercapitalized or mismanaged, and which are located in
submarkets with strong demographic trends.
Many times hospital systems are evaluating highly desirable suburban
submarkets with attractive demographics and rapidly growing residential roof - top density but limited commercial property inventory.
With high pricing and high barriers to entry in the top U.S. markets, investor interest is shifting away from primary cities to secondary cities with robust technology sectors and suburban
submarkets with walkable environments.
«These assets exemplify our investment criteria of differentiated products in close proximity to campus in
submarkets with high barriers to entry,» American Campus CEO Bill Bayless said in a statement.
The submarket with both the lowest vacancy and the largest inventory at nearly 10 million SF, was Northwest Tucson, with a vacancy rate of 4.3 %.
Our research identified Riverside Apartments to be well - located in
a submarket with strong employment drivers and limited supply.
Riverside consists of three apartment buildings on 28 acres of land, which presents us with an opportunity for ground - up development of approximately 550 units in
a submarket with limited planned new supply and strong job growth driven by major employers such as the USPTO, NSF and MGM National Harbor.
The asset provides us with a compelling opportunity to renovate approximately 850 units to generate rental growth, and the potential opportunity to develop additional units onsite, thereby offering multiple price points in
a submarket with a strong population of renters.»
The Wellington consists of three mid-rise apartment buildings on 28 acres of land, which presents us with an opportunity to add additional density of approximately 400 units in
a submarket with limited planned new supply.
Our in - depth targeted research identified The Wellington to be well - located in
a submarket with a limited supply of new product and a strong population of renters for both Class A and Class B apartments.
Not exact matches
In other words, the
submarkets struggling the most
with high availability rates today are those where investors spent the most on retail properties compared to previous years and where landlords jacked up their asking rents at a faster pace.
And then hook them up
with something that is special and makes you stand out from the thousands of other books on your
submarket.
However, despite some of the challenges around the execution, we continue to feel good about the deals and their fundamentals; our basis is below replacement cost and comparable sales, the
submarket has strong local demand drivers, we have some positive leasing momentum, we have a great team in - place, there is plenty of capital reserves, and we maintain low leverage and a great relationship
with our lender etc..
Well, this new site, which is edited for us by Matt Burris, continues something we at Think Services have been doing over the past few months and years - supplementing our industry - leading coverage of the mainstream game business, as showcased
with products like Gamasutra.com, Game Developer magazine, and Game Developers Conference,
with important emerging and vital
submarkets such as Apple's touch - based handheld.
Net rents for Class - B space in that
submarket have been flat,
with average net rents dropping slightly from $ 12.12 at year - end to $ 12.04 at mid-year.
While the company is still just exploring the condo idea — one that it would likely undertake
with a joint - venture partner — Stockert says the concept is appealing within
submarkets where condos and apartments are the prevailing property type.
Avison Young represented the buyer, NRNS Acquisition McNab Road LLC, in the transaction which is consistent
with the growing trend of owner / user activity in the Cypress Creek office
submarket.
«Securing a long - term lease extension
with Profil provides added stability to the building's leased rate, currently 100 percent, which significantly outpaces the local
submarket,» he said in a statement.
It is very important to be in tune
with the cap rate in the
submarket where you decide to buy.
As the value of an income product asset equals NOI divided by CAP rate, it is very important to be in tune
with the CAP rate of the
submarket where you decide to buy.
Canyon - Johnson Urban Funds (CJUF) has partnered
with McCaffery Interests to acquire and reposition the Roosevelt Collection, a transit - oriented mixed - use project in Chicago's growing South Loop
submarket...
While the two new malls compete on a regional level, they are located at opposite sides of the Triangle,
with Southpoint pulling mainly from the Durham
submarket.
Cyberloan.com's long - term strategy is to obtain dominance in targeted online lending
submarkets by levering its automation technology and deal flow
with a select number of strategic partners and lenders.
With convenient access to Route1, West Windsor Commons is located in the Princeton
submarket.
- ft. building in the heart of the Grand Central
submarket includes renovated elevator cabs, updated HVAC and electrical systems and a lobby that interconnects
with 485 Lexington Avenue.
That
submarket has seen its hotel room supply increase 25 % over the past two years
with the addition of 2,500 new rooms.
The purchase of this sizable portfolio also provides us immediate critical mass in the region,
with a beachhead in some of the most vibrant
submarkets in downtown Seattle.
Barney will work
with retailers of all sizes looking to grow their presence in key
submarkets across Florida.
With TPG's financial commitment and strategic partnership, we will continue to take advantage of attractive opportunities such as Hearst Tower, as we strive to become one of the leading owners of high - quality office properties in select
submarkets throughout the fast - growing Sunbelt region.»
«
With market rents significantly increasing in Silicon Valley and San Francisco, the North Interstate 680 Corridor is beginning to capture a growing number of tenants migrating into the
submarket.
Select the optimal market to develop and acquire properties
with pipeline and asset class at the market,
submarket property levels.
This deal was an excellent opportunity for the buyer to acquire 2,000 units in the premier south St. Louis County
submarket, providing them
with even greater economies of scale.»
Moreover, many
submarkets possessed impressive annual pricing power,
with South Minneapolis / Richfield and Uptown / St.
With coverage of 200 markets and 1,000
submarkets, MPF Research grew to house the industry's most robust collection of quarterly survey data.
The company's leadership studies each market carefully to identify key
submarkets where demand for class - A offices is strong, but land isn't so plentiful that competitors can easily muscle in
with a new trophy building.
He provides a tremendous amount of service including consulting
with clients to determine the
submarkets of Pittsburgh that they should be in based on their goals, taking walk through videos and pictures for properties of interest, scouring the market for both on and off market cash flowing property, and meticulously tailoring the search for investment properties.
The coworking franchise expands again,
with a nearly 8,000 - square - foot lease in the city's Westshore
submarket.
Ms. Cheok also works
with CoStar's Portfolio Strategy group to develop National, metro - level, and
submarket - level apartment forecasts.
Looking at a particular
submarket, Census data from the end of 2012 suggests that the market share of townhouses (single - family attached) continues to rise back after the Great Recession,
with the current market share standing at around 12 %.
Look into the future
with five - year forecasts for the nation, markets and
submarkets to assist your long - term planning.
Together
with the Insurgentes and Santa Fe
submarkets, these are the preferred location for multinational corporations and Mexican companies
with a national presence.
«The portfolio is concentrated in two primary infill
submarkets within Chicago
with historic resiliency, high barriers to entry and strong demand from a diverse array of industries,» noted Chase.
Nine of the fifteen
submarkets experienced improvement,
with the largest gains seen in the Southwest and Oro Valley regions.
Look into the future
with five - year forecasts for the nation, markets and
submarkets for long - term planning.
Apartment market data covering rents, concessions and occupancy
with property,
submarket and market trends.
As market conditions continue to tighten, developers are capitalizing on the opportunity
with the development of high quality office space, most notably in the Downtown Miami and Brickell
submarkets.
Hire a well - trained, accredited and licensed property manager
with deep experience
with specific property types and
submarkets.
Central Tampa and Central Las Vegas top the
submarket leaderboard,
with respective increases of 10.9 % and 9.5 %.
Class C,
with rents in the bottom 20 % of the market and
submarket describes properties that are in average or below - average condition, are older, and require some deferred maintenance.
Yet that recovery still varies widely across the metro
with some
submarkets, such as Buckhead, exhibiting strong rent growth, while others have seen minimal or no rent growth, Davenport adds.