Tag: www.libertyrealtycapital.com

EB-5 Expiration Raises Big Questions for Developers

by Randybaconin Commercial Mortgage LendingLeave a Comment on EB-5 Expiration Raises Big Questions for Developers
EB-5 Expiration Raises Big Questions for Developers
The wildly popular EB-5 program, which grants green cards to foreign investors, is set to expire today, raising big questions for both developers and investors. With the mass influx of foreign capital, EB-5 has been a winner among Chinese investors, with 90% of EB-5 visas granted going to China, pouring in nearly $4B since 2009 along the way. Developers, big and small, are bullish on EB-5, too, with a number using such funds to finance big projects. Related Cos, the developer of New York City’s Hudson Yards, raised a record $600M, using a “cash-for-visa” deal structure. Most recently, Macklowe Properties revealed plans to raise $100M in EB-5 funds for 1 Wall St, a $1.5B condo conversion in Lower Manhattan.

Read more at: https://www.bisnow.com/national/news/economy/with-the-eb-5-immigrant-investor-program-set-to-expire-today-should-it-be-renewed-50539?utm_source=CopyShare&utm_medium=Browser

Find out more about Liberty at our Youtube page

Churches Redeveloping Properties to Give Them New Life

by Randybaconin Commercial Mortgage Lending, Real EstateLeave a Comment on Churches Redeveloping Properties to Give Them New Life

Image result for churches

Enter the word “church” in the keyword search box on commercial real estate listing site LoopNet and hundreds of properties will pop up for sale, from historic churches in rural areas to mega-churches in urban ones.

Many churches have little choice but to sell because they’re in or near foreclosure, often because they’re struggling with declining membership and high maintenance costs. Other churches, however, are flourishing and selling their current facilities to move to larger ones elsewhere.

Increasingly, as church leaders become more sophisticated, a third path has arisen: Teaming up with real-estate companies to redevelop their property to include mixed uses on the land. That strategy can increase revenue for the congregation while preserving the church facility.

Two weeks ago, The Collegiate Churches of New York announced it has teamed up with HFZ Capital Group, a New York-based real-estate investment and development company, to develop a mixed-use building on West 30th Street in Manhattan on land adjacent to, and previously owned by, the landmark Marble Collegiate Church.

See entire article in the Wall Street Journal.

Find out more about Liberty Realty Capital at our Youtube page.

Contact Liberty to find out more about special purpose financing

New Student Housing Projects Fill Up

by Randybaconin Commercial Mortgage Lending, Real EstateLeave a Comment on New Student Housing Projects Fill Up

Students might fill up all the new beds that student housing developers are building this year. As the new school year began student housing properties were fully-occupied and posting solid rent growth.

That sets the student housing sector on a path for rent growth in the years ahead. Universities and college towns have successfully filled the extra tens of thousands of new student housing beds that were delivered in 2014 and year-to-date in 2015. Looking forward to next year, developers are planning about the same number of new beds as the market successfully absorbed this year.

“The sector remains strong and there is still opportunity for growth,” says Taylor Gunn, student housing analytics lead for data firm Axiometrics, Inc., based in Dallas. “We expect it to remain stable, if not better, than previous years.”

To read entire article visit National Real Estate Investor site.

Find out more about Liberty Realty Capital at our Youtube page.

To discuss potential financing opportunities visit the Liberty Realty Capital website.

 

Cooling Tower Maintenance Not Just Good for Health, It’s Good Business

by Randybaconin Real EstateLeave a Comment on Cooling Tower Maintenance Not Just Good for Health, It’s Good Business

In response to the largest outbreak of Legionnaire’s disease in recent history, the New York City Council recently passed legislation that requires building owners to conduct quarterly inspections of cooling towers, which have been indicated as the potential source of the outbreak in the South Bronx, where nine cooling towers have tested positive for the bacteria that has killed 12 and affected over 120 residents.

Regular inspection and maintenance of cooling towers is not just a health issue, it is essential to insure the peak operation and extend the lifespan of this critical equipment. Preventing the growth of legionella is enough reason to take care of cooling towers, but it can also help to save money in energy and equipment costs. A dirty cooling tower needs to work harder and impacts efficiency. It can also stress the equipment, leading to breakdowns.

Read entire article here in National Real Estate Investor.

Find out more about Liberty at our Youtube page.

To discuss commercial mortgage financing funding needs contact us.

 

Baby Boomers Creating Senior Housing Demand

by Randybaconin Real EstateLeave a Comment on Baby Boomers Creating Senior Housing Demand
Baby Boomers Creating Giant Senior Housing Demand
Every day 10,000 people turn 65. It’s an incredible demographic driving the need for more senior housing than ever before. For Silverstone Development Co, it’s an opportunity to meet the needs of a booming population and it’s just one more reason we’re excited to bring you the DFW Senior Housing development boom event on Sept. 24 at the Hyatt Regency Dallas.
Read more at: https://www.bisnow.com/dallas-ft-worth/news/senior-housing/senior-housing-event-preview-story-50200?utm_source=CopyShare&utm_medium=Browser

Find out more about Liberty at our Youtube page here.

To discuss your funding needs contact us.

Some Comparisons: Small and Large Commercial Real Estate Transactions

by Randybaconin Commercial Mortgage Lending, Real EstateLeave a Comment on Some Comparisons: Small and Large Commercial Real Estate Transactions

Sales Vol

The investment sales markets for large and small commercial buildings are distinctively different.  NAR’s Commercial Real Estate Market Trends report summarizes sales and rental activity based on a quarterly survey of commercial REALTOR® practitioners[1].  A second report, NAR’s yearly Commercial Lending Survey report provides information on commercial real estate financial issues addressed by REALTORS®.[2]  Both reports present commercial real estate information generally not available elsewhere: the average commercial transaction size in markets served by REALTORS® has been about $1.6 million, significantly below the $2.5 million threshold typically used by major databases in providing information on commercial transactions.  Although many REALTORS® participate in transactions above the $2.5 million threshold, in general REALTORS® report that they serve a segment of the commercial real estate market for which data are generally not reported—Small Commercial Real Estate transactions (SCRE) under $2.5 million, in cntrast to Large Commercial Real Estate transactions (LCRE) over $2.5 million.

View entire article at National Association of Realtors website.

Find out more about small loan finance.