What Every Real Estate Investor Should Know About Cost Segregation

Cost segregation studies, or cost segs, have been a widely used accounting tool by real estate investors as a way to preserve capital and realize significant tax benefits through accelerated depreciation, asset reclassifications and easier write-downs when assets are disposed of. However, with tax reform, many investors are asking whether or not cost segs will continue to benefit them. “The …

The Great Real Estate Investment Debate: Multifamily Properties Vs. Single-Family Rentals

Advantages Of Single-Family Properties For the purpose of this article, single-family means one unit owned and one tenant (or family) living in the unit. It could be a condo, townhome or detached house. • No tenant-tenant conflicts: The problem I have run into with owning apartments is that eventually the tenants won’t get along. When this happens, it is common for …

Atlanta firm pays $106 million for 3 Charleston-area apartment complexes

An Atlanta real estate company recently laid out $106 million for three Charleston-area apartment complexes, 10 years after they sold for $51.1 million. An affiliate of Carroll Organization of Atlanta bought complexes in Mount Pleasant and North Charleston earlier this month from JRK Properties of Los Angeles. They include the 248-unit Springhouse on St. Ives Road and Cooper’s Pointe, with …

Making the Most of Your Investments

You work hard for your money, so you understandably want your money to work hard for you in return. Investing your money thoughtfully can help you to expand your portfolio and net worth tremendously over the years. However, many investors do not maximize their investments for superior gains because of various oversights or mistakes. If you are looking for a …

Flood of Toys ’R’ Us Space Comes on the Market; Who’s Going After It?

As part of Toys ‘R’ Us’ bankruptcy process—in which it closed its more than 700 U.S. stores totaling millions of sq. ft.—the retailer is in the process of selling off its real estate to other big-box retailers, including Big Lots, Hobby Lobby and Ashley Furniture. Toys ‘R’ Us is incrementally auctioning off stores that it owns across the country, as …

How blockchain technology could alter the real estate business

The development of the blockchain technology that undergirds bitcoin is expected to impact major sectors of the economy, few more important than real estate. Blockchain’s potential for reducing friction in transactions and automating record-keeping tasks has major implications for the brokers and agents, local governments, investors and attorneys involved in both commercial and residential real estate. The technology could make …

A New Non-Traded REIT Has Entered the Market. Its CEO Discusses CRE

Single-family office Casoro Capital Partners LLC has given birth to a non-traded REIT called Upside Avenue. The new REIT will invest in income-producing multifamily, seniors housing and student housing assets across the country, says Yuen Yung, CEO of Austin, Texas-based Casoro Capital. With a minimum buy-in of $2,000, accredited and non-accredited investors around the globe can participate in deals alongside …

Global Self Storage Reports Second Quarter and Six-Month 2018 Results

“Q2 marked a pivotal moment in Global Self Storage’s history, as we achieved full dividend coverage from FFO and AFFO for both the second quarter and first six months of 2018,” said President and Chief Executive Officer of the Company, Mark C. Winmill. “This milestone result was largely driven by continued strong topline growth coupled with our success in keeping …

3 Ways to Overcome Self-Storage Zoning Challenges

Trends in zoning regulations and political attitudes toward self-storage seem to be shifting. Historically, many cities forced storage into industrial areas. Over the last several years, however, there’s been a more relaxed approach, allowing projects onto commercially zoned property. Now, a growing desire for more pedestrian-oriented developments in those areas may be incompatible with the self-storage use. In addition, recent …

Demand for Smaller Industrial Buildings Surges in Coastal Markets

Industrial developers in coastal U.S. markets are cashing in on the extraordinarily high demand by small businesses for for-sale modern warehouse facilities of between 25,000 and 40,000 sq. ft. For example, Los Angeles-based Dedeaux Properties and a joint venture partner recently sold seven stand-alone industrial buildings ranging in size from 27,438 sq. ft. to 43,166 sq. ft. at Echelon Business …

National Storage Affiliates gears up for even more acquisitions

In September, self-storage REIT National Storage Affiliates Trust expects to complete its $1.325 billion purchase (with joint venture partner Heitman LLC) of 112 Simply Self Storage facilities. Yet closing that deal won’t mean the end of near-term acquisition activity for National Storage Affiliates — not by a long shot. In a Aug. 7 call with Wall Street analysts to discuss …

Self-Storage Developers Cut Rents to Compete

Developers are opening new self-storage properties in markets across the country, offering low rates to attract customers and pushing down average rents. “Heavy new supply deliveries and slowing economic fundamentals are adding headwinds to street rates,” according to the “National Self Storage Report” for July 2018 from Yardi Matrix. The number of new properties opening is expected to peak later …