Alchemy Design & Development’s Post

A Bisnow panel of developers, builders and investors share their insights into the #Northeastflorida commercial real estate market. Michael H. McNaughton, CRX, SCLS, RPA, CCIM with Sleiman Enterprises; Aundra Wallace with JAXUSA Partnership; Matthew Marshall with RISE A Real Estate Company; Jason Carnes with Caddell Construction; Mark Scott, SIOR with Foundry Commercial; and panel moderator Julia Holden Davis with Gunster. #commercialrealestate #developers #builders #investors #businessnews #readitherefirst #subscribe

🧱We’ve started the build!! Making this place into a 9-bed HMO. 🧱It’s taken us a while to get things going on this project but I have wanted to get the design right. 🧱At one point we thought we may have to take the roof off to get the 2 bedrooms in the loft, but we have found a way so that doesn’t need to happen. 🧱Do you know someone who would like to learn about the development process and earn money along the way? We are looking for investors who would like a great fixed return on their investment. #investmentopportunity #property #investment #building #construction #HMO #propertydevelopment

Hazelview's pipeline: $13.4B in value, over 21,000 rental housing units Contact me to discuss the latest scoop in real estate! #realestatemilton #miltonbestrealtor #miltonrealtors #miltonhomestaging #miltonrealtestateagent #miltonrealtor #realestateToronto #gta #realestategta

Obsessed with this 8 week transformation. From back to brick 👉🏻 ready for a new tenant in just 8 weeks 🙌🏻💪 Stay tuned for a full detailed account of this BRRR project, with a full breakdown of purchase price, costs, renovations and our profit. As always, if you’re interested in working together on a joint venture using the BRRR method - then click the link in the comments to book a FREE strategy call. There’s plenty of options for us to work together and build your wealth 🚀 #brrr #jointventure #opportunities #dealpackaging #brrryorkshire #westyorkshireproperties #propertydevelopment #buildwealth #ukproperty

York Realty’s Joint Ventures program provides tenants with both ownership and growth. The Joint Ventures program allows Tenants to participate in their underlying real estate, while still being able to invest and expand the business they know best. York provides capital and real estate expertise, and the Tenant provides a long-term lease and receives an ownership stake – a win-win for everyone. For example, Continental Cartage, a division of Landtran Systems, was looking for a new, consolidated facility in West Edmonton. Being unable to find adequate shop space at competitive prices, Continental Cartage and York Realty partnered for their second joint venture in the construction of a 35,000 square foot facility in Acheson. To accommodate the budget, York Realty purchased a 10-acre site and subdivided a portion to the joint venture in order to achieve better pricing. Landtran Systems, Continental Cartage, and York Realty are proud of their long association and of the Continental Cartage facility. #YorkRealty #realestatedeveloper #yycnow #yegconstruction #edmontonconstruction #yegrealestate #yycrealestate #calgaryconstruction #propertydeveloper #propertyinvestment #realestatelifestyle #commercialrealestate

One of my largest construction projects in DC is nearing completion! If you remember in July when I posted the before on this one (go see the before if you haven't yet) - the property was completely different and construction had only just started. Now nearly 14 months since acquisition, the property has been fully transformed into two stunning condos! We acquired the property for $750,000 and have invested nearly $700,000 in renovations to bring this vision to life. The transformation from acquisition to completion showcases the power of collaboration and passion in real estate development. What do you think of the features we have added? Let me know in the comments below! #realestate #dmvrealestate #dcrealestate #dmvrealestate #dmvliving #condoconversion #realestatedeveloper #realestateinvesting

With over $25 million in gross revenue in just seven years, I've witnessed firsthand the potential of well-executed real estate ventures. But ground-up developments are one of the most underrated investments in today’s market. Some of the (many) factors that work in their favor: - A significant shortfall in housing supply has led to increased demand in suburban and rural areas, marking a pivotal shift in market trends. - Interest rates, while fluctuating, present a strategic window for securing financing on favorable terms. - Sustainable building practices are desirable and increasingly becoming the norm, pushing the envelope on what it means to build from the ground up. With all of this working in their favor, it adds up to a formidable case for single-family ground-up developments! #groundupconstruction #realestateinvestment #rei #construction #realestate

🌟 ADU School by NPB Design Studio ventures into a transformative journey, exploring SB9 and multifamily properties within single-family homes. SB9 isn't just a bill; it's a gateway to unprecedented possibilities, reshaping single-family dwellings into multifaceted investment hubs. Join us as we redefine homeownership, unlocking new pathways for investment and property potential in 2024. #ADUInnovation #SB9Exploration #RealEstateEvolution #PropertyInvestment #HomeownershipJourney

Wondered what it feels like to kick-start your own HOUSING project at zero cost? There is a beautiful feeling that comes with helping people achieve their dreams 🥹 It all began after we launched D'Marshall Fortress when we noticed how investors struggled with developing their housing projects. Truly the economy is hard and it makes huge capital projects such as house building a tough call for many investors who wish to start. So, we mapped out a support structure to help our investors kick-start their building projects by supplying you with blocks and bags of cement at zero cost to you. And yes! You guessed right! 😃 People are going head over heels to benefit from this!!! It has been the most exciting journey for my team and I and we would like to make room for more people to own their dream homes without struggles. This offer is only open to a limited number of investors who wish to also kickstart their building projects soon. Kindly send a DM to get more information on how to participate (T & C applies) I'm Abigail O. Odelade-Joshua. I help you build sustainable wealth through Real Estate and 10X your business visibility online/beyond. Tap the blue link Abigail and follow me for more insights. Rooting for your continuous success 🥂 #realestate #housingprojects #propertymanagement

Private equity group Rockpoint acquired over 87 acres of developable land in Pompano Beach this November in one of the largest land sales of the past few years. The Boston-based group paid Cordish Cos. $180 million, or over $2 million per acre, for the site, which sits within a planned 223-acre development. The deal signals persistent interest in developing industrial space in South Florida as the region continues to see some of the highest rent gains in the country, with annual Logistics rent growth of over 11%, outpacing national gains of 7% through the current quarter. Over 10 million square feet is underway in properties larger than 100,000 square feet, with an additional 16.7 million square feet in proposed properties. The activity by developers continues to hum, along with four major trades of land for industrial development in the past two years, including Rockpoint’s recent acquisition. These land deals have traded for over $2 million per acre on average and have been purchased by major national players, including Terreno Realty, Ares Industrial and Blackstone’s Link Industrial, pointing to a continued bet by institutional investors in the South Florida Industrial story. Two of those trades have involved land parcels in the western suburb of Hialeah, while another is closer to the East Coast, in Miami Gardens. An additional 6.6 million square feet of space are expected to be added by these developments, with over 620,000 square feet already in place or underway. Developers continue to bet on South Florida’s strong demographic and business growth, dense population and barriers to new development. Still, the region has not been immune to the broader slowdown in industrial space demand, as rent gains have slowed from a recent peak of over 19%, while space availability has increased to over 7% from lows in the mid-4% range in 2022. The main driver of this increase in space availability has been the slowdown in demand from large tenants like Amazon, while new large warehouse completions have been on the rise. With over 6.8 million square feet of Logistics space expected to be completed in South Florida in 2024 and an additional 2.5 million square feet in 2025, additional competition is incoming, particularly for large tenant spaces.