Being a father has been one of the greatest gifts of my life. I’m grateful not only to be a father but for my father, his father before him and all of the fathers in my life who have shaped me.
Happy Father’s Day weekend to the fathers and father figures out there. Thank you for your guidance, strength and support.
Grocery-anchored shopping centers happen to comprise a significant portion of our portfolio, and retail is indeed resilient.
It’s Q3 of 2024, and retail continues to perform well, especially grocery-anchored neighborhood shopping centers. While office vacancies continue to rise, retail remains resilient, thriving alongside e-commerce. Al Brooks, head of commercial real estate at JP Morgan Chase, shares more insights regarding the fate of various CRE asset classes in 2024: https://bit.ly/3W4M9M0.
Kyra, Brittany, Kylie and Crystal — welcome! We’re excited to have you and your expertise on the team.
Join us in welcoming Kyra Vanderbilt, Crystal Vinduska, Brittany Kennedy-Horner and Kylie Stalder as the newest members of the RockStep property teams. We look forward to their positive impact on Manhattan Town Center, Uptown Hutch, Uptown Meridian, and Uptown Rapid and their respective communities. Learn more about our four new team members: https://lnkd.in/gW5ZvydY.
Attending conferences as learning opportunities is part of living out RockStep #10: “Be relentless about improvement.”
CRE industry trends are constantly changing, and RockStep keeps its finger on their pulse. By attending conferences and participating in panels with fellow CRE professionals, we not only learn from other industry leaders but also share our knowledge with others. From Laguna Beach to New York City, RockStep’s 2024 conference schedule is packed. We’re grateful for the conferences we’ve attended so far, and we’re excited about several upcoming opportunities: https://bit.ly/3zfuLLT.
It was a pleasure to attend Information Management Network (IMN)’s 24th Annual U.S. Real Estate Opportunity & Private Fund Investing Forum in Newport and participate in a couple of panels last week. I always cherish the opportunity to learn from my fellow CRE professionals. #IMN #IMNNewport #IMNEvents
If you haven't had the chance to explore the details of the HomeTown America Fund or have any questions about your current investments, please don’t hesitate to reach out: https://lnkd.in/ggFZN2a9.
The HomeTown America Fund is a diversified closed-end fund with a targeted 8-9% preferred return and a targeted 18+% IRR. Our commitment to successful investments within secondary and tertiary markets remains unwavering, and we’re dedicated to securing lucrative deals while enriching the communities we invest in. Care to join us? Learn more about the HomeTown America Fund on our website: https://bit.ly/3K12gUa.
At RockStep, our work is about much more than simply acquiring properties. We replaced two underperforming tenants at Iberia Plaza and obtained a fuel station ground lease from a grocer. In fact, we revitalized two properties in New Iberia across the street from each other: https://bit.ly/4c5stgC.
Located along a dominant retail intersection with exposure to over 25,000 vehicles a day, Iberia Plaza in New Iberia, Louisiana, boasts nationally recognized tenants, including Ollie’s Bargain Outlet, Super 1, Sports Additions and Fantastic Sams. To top it off, Walmart is Iberia Plaza’s shadow anchor, contributing plenty of cross-traffic to the shopping center: https://bit.ly/4dxZl31.
Additionally, this year’s New Orleans Fashion Week kickoff event will take place on Spanish Plaza.
This year's activity at Riverwalk Outlets is only getting started, with festivals, a food court with a 92% occupancy rate and their 17th Annual Summer Market happening in July. With plenty of community-centric events in store for 2024, we’re ensuring Riverwalk Outlets remains a go-to destination in downtown New Orleans for locals and tourists alike: https://bit.ly/3X3I9MV.
At RockStep Capital, we take due diligence to the next level. Our team members are just as analytical as they are relational.
As stewards of our investors’ capital, we’re obligated to complete comprehensive due diligence to determine if an asset is a viable investment. Through due diligence regarding the property, tenants, market and other aspects of an asset, we can present a thorough, objective analysis to our investment committee before making a final decision: https://bit.ly/3UiRhu1.
