The Current State of the Multifamily Market Challenges and Opportunities Predictions for the Future Q&A Session
Multifamily Real Estate: A Roadmap to the Present and Future
Author: Admin
REVEALED: THE DIFFERENCE BETWEEN FORCED APPRECIATION AND MARKET APPRECIATION
When making any investment, those investing expect the value of the investment to increase over time. What’s unique about apartment investing (compared to say, single-family rentals or homes) is that investors can deploy strategies to force an increase in property value by increasing Net Operating Income (NOI). This is called “forced appreciation” and is very… Continue reading REVEALED: THE DIFFERENCE BETWEEN FORCED APPRECIATION AND MARKET APPRECIATION
DO WELL BY DOING GOOD: THE ART OF TRANSFORMING B + C CLASS COMMUNITIES
Why invest in aging workforce housing when common practice today leans towards razing them to make room for Class A developments? Is managing the challenges of these types of properties worth the risk? The truth is, it may not be right for everyone.With the right partner, however, the returns can be unbelievably rewarding. What’s… Continue reading DO WELL BY DOING GOOD: THE ART OF TRANSFORMING B + C CLASS COMMUNITIES
WHY IN-HOUSE PROPERTY MANAGEMENT IS RIGHT FOR US
Managing large multifamily properties is difficult. An onsite team can make or break a community – and, in our case, an investment. When Crown Bay first started, our management strategy (and really only option!) tapped a third-party property management company to run day-to-day operations. However, as business grew and experience abound, we learned. … Continue reading WHY IN-HOUSE PROPERTY MANAGEMENT IS RIGHT FOR US
MORE ATLANTA WORKFORCE HOUSING SELLS FOR TOP PRICES
Crown Bay Group sells two-property portfolio in metro Atlanta. ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the sale of a portfolio of two multifamily apartment communities — Southlake Cove in Jonesboro, Ga. and Vineyard Pointe in Riverdale, Ga. — to R. James Properties, Inc. for… Continue reading MORE ATLANTA WORKFORCE HOUSING SELLS FOR TOP PRICES
CROWN BAY GROUP SELLS APARTMENT COMPLEX FOR $37 MILLION
Significant returns show forced appreciation at work, historical stability of asset type. ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces another successful real estate sale in a string of recent transactions that demonstrates the strength of the market-rate, workforce housing product in Atlanta. The firm sold… Continue reading CROWN BAY GROUP SELLS APARTMENT COMPLEX FOR $37 MILLION
CROWN BAY GROUP ACQUIRES TWO MORE PROPERTIES IN $20+ MILLION INVESTMENT
200+ units added to workforce housing portfolio; over $50 million invested in 2021. ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, closed out 2021 with the acquisition of a two-property multifamily housing portfolio totaling over 200 units in East Point, Georgia. The transaction was finalized with a private Atlanta real estate investor in December for $20.45… Continue reading CROWN BAY GROUP ACQUIRES TWO MORE PROPERTIES IN $20+ MILLION INVESTMENT
CROWN BAY SELLS TWO APARTMENT COMMUNITIES FOR $23M
CROWN BAY GROUP SELLS TWO WORKFORCE HOUSING COMMUNITIES FOR $23 MILLION Transactions exceed proforma following short, pandemic holds. ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the sale of two metro Atlanta workforce housing communities. In Atlanta, Soundview Equities LLC acquired Cascade Oaks for $12.4 million on November… Continue reading CROWN BAY SELLS TWO APARTMENT COMMUNITIES FOR $23M
CROWN BAY ACQUIRES THE PARK AT NETHERLEY
CROWN BAY GROUP ACQURIES THE PARK AT NETHERLEY IN SOUTH ATLANTA Workforce housing community adds nearly 300 units to management portfolio. ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the acquisition of its highest-priced multifamily housing asset to date. The firm acquired The Park at Netherley in Union… Continue reading CROWN BAY ACQUIRES THE PARK AT NETHERLEY
THE APPEAL OF MULTIFAMILY WORKFORCE HOUSING
Our investment strategy focuses primarily on multifamily workforce housing. What is that, and why is it our strategy? What? Multifamily workforce housing generally includes Class B and C properties, which are mostly older communities with limited amenities and basic interior finishes. They tend to be located in suburban areas and are often low-rise or garden… Continue reading THE APPEAL OF MULTIFAMILY WORKFORCE HOUSING