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
Tag: Deal
CROWN BAY GROUP ACQUIRES MORE WORKFORCE HOUSING
CROWN BAY GROUP OVERCOMES ECONOMIC HEADWINDS TO ACQUIRE WORKFORCE HOUSING . $35 million acquisition is firm’s largest acquisition to date. ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the purchase of Cameron Run in an off-market transaction that was finalized on December 30. Located in southwest… Continue reading CROWN BAY GROUP ACQUIRES MORE WORKFORCE HOUSING
WHY SPONSORS MIGHT NOT INVEST
How much capital should a sponsor invest in a deal? It’s a fair question, and one that investors may ask to gauge how vested the sponsor is in a deal. Typically, the prevailing thinking is that when sponsors invest their own capital, they have “skin in the game,” and, therefore, are more incentivized to… Continue reading WHY SPONSORS MIGHT NOT INVEST
WORKFORCE HOUSING INVESTOR TRADES ANOTHER APARTMENT COMMUNITY
ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the latest in a string of multifamily housing transactions, underscoring the continued strength and profitability of market-rate, workforce housing assets in the Atlanta area. The firm sold Ashgrove, a 92-unit apartment community in Stone Mountain, Ga. to Quattro Capital,… Continue reading WORKFORCE HOUSING INVESTOR TRADES ANOTHER APARTMENT COMMUNITY
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