TM Associates ’s Post

“𝘛𝘩𝘦 𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘩𝘰𝘶𝘴𝘪𝘯𝘨 𝘮𝘢𝘳𝘬𝘦𝘵 𝘪𝘴 𝘥𝘦𝘢𝘥." Really?  Not in the Carolinas. In fact, the residential housing markets in North and South Carolina are hot and getting hotter. The Federal Reserve Bank of Richmond released a report last week (02/15/24) that provides data and explains the reasons why residential housing in Carolina MSAs is outperforming certain other Fifth District MSAs. So, if you’re seeking an acquisition opportunity in the Carolinas, contact me to learn more about the market and the businesses listed by Viking Mergers & Acquisitions. We represent several businesses that provide services to the healthy and growing residential housing market and are well positioned for new owners to take to the next level. https://lnkd.in/e8XHWNQy #residentialconstruction #housingmarket #buyabusiness

Not just developers or housebuilders but it’s become insanely difficult to grow any sort of business in the construction industry and the broken planning system is a huge reason why. It’s simply taking too long from land purchase to the construction phase and to completion. I see this every day and it’s very frustrating, schemes that were due to be complete by now have not even started which only means wasted money for small firms as people sit around waiting for projects to start. I can see alot of small to medium sized businesses being bought by larger corporations over the next few years as owners realise that growing a substantial company in the construction industry is alot harder than it used to be and are tempted to “cash out” while they can. And I don’t blame them one bit.

MK2 Real Estate is pleased to have advised Clearbell Property Partners IV LP, managed by private equity real estate fund management and advisory business Clearbell Capital LLP, on the acquisition of Parkside Industrial Estate in Wolverhampton. The multi-let estate comprises 11 warehouse units, ranging from 4,937 sq ft to 14,100 sq ft, and totalling 98,277 sq ft. It is 94% occupied, with ten of the units let to four tenants. The acquisition aligns with Clearbell’s strategic focus on securing industrial assets below replacement cost as well as offering significant reversionary potential to enhance rental values. MK2's Mark Rooke and Max Sowter advised Clearbell. Mark said: "The industrial property market is buoyant in the West Midlands, particularly for good quality multi-let estates in Wolverhampton and the surrounding areas, due to its central location and rich history in manufacturing and engineering. As such, it is attracting both occupiers and investors. “Parkside Industrial Estate presented a strong case for investment, with potential rental growth and asset management opportunities, aligning with Clearbell's strategic aims." #PropertyInvestment #CommercialProperty #RealEstate

Celebrating our Failures! 🎉 We aimed to increase our property holdings to 10 on an estate in Gainsborough, Yorkshire, we faced market shifts that altered our plans. While the last 2 acquisitions didn't meet expectations, we redefine failure as any asset where we can't recycle our entire capital. Despite this, these properties are yielding an average of 11%. Although we haven't pulled out the initial capital from the last properties, we're still enjoying a decent yield for single let family homes in Yorkshire. That's not too bad! 💼💡 #Failure #RealEstate #Investing #Adaptability #Yield

At Grayling Properties, our team delivers unmatched portfolio management, managing extensive portfolios for property companies and large scale investors across Ireland. We have a proven track record of sourcing, underwriting and executing deals as well as high quality operation of assets and disposal of acquired assets where relevant.🏆   With over 20 years’ collective experience, our team consistently offers incredible insights regarding the property sector. Why not dive into Grayling Properties expert and insightful opinions?✨   For more information➡️ https://lnkd.in/eunmrgk6   #GraylingProperties #GraylingPropertyManagement #RealEstate #PropertyManagementInsights

Proud to share another successful acquisition of 50 units in the growing town of Southbridge, MA for White Paper Strategies! This further adds to our portfolio of workforce housing in the Northeast region that provides a value add component and strong in place economics. We specialize in using our presence in communities to source and bolster living conditions for affordable housing throughout Central MA while still achieving our target yields. This acquisition was no different and we were excited to get it across the finish line! One of the many benefits of Real Estate Investing is capitalizing on depreciation using a Cost Segregation Study which allows for many year 1 write offs to offset other ordinary and capital gains. This is typically passed on to all investors that invest in our deals. We did just that and were able to see a year 1 paper loss of $750K to offset gains on this project and more. We use the best cost seg guy in the business Isaac Weinberger! We highly recommend his services if you want to learn more on this topic. Christopher Morgan https://lnkd.in/eueEHgQi

The strategy enacted by Vistry to concentrate solely on partnerships housing leverages current market dynamics to potentially forge a robust path forward, albeit not without substantial risks.. Yes, this restructuring will result in substantial cost savings, enhancing the firm's profitability margin in the medium term. Pre-selling a minimum of 50% of units can potentially mitigate financial risks associated with new developments. By honing in on partnerships, Vistry can develop a specialised skill set and knowledge base that can offer a competitive edge. However, streamlining operations to focus only on partnerships reduces the agility to pivot strategies in response to future market dynamics. This strategy puts a massive bet on the continuous demand in the partnerships housing segment, which might see fluctuations. The strategy involves a sweeping reorganisation which might breed operational complexities and teething problems, potentially affecting service delivery and customer satisfaction in the short to medium term. The large initial gains expected in Partnership Housing may well entice other house builders to follow suit, intensifying the competition in the partnerships housing segment. With a reduced output in private housing, there could be a further step backward to meet the demand for first-time buyer homes, leading to significant upwards price adjustments due to changes in supply dynamics. While the strategy leverages current strengths in partnerships and seeks to bolster shareholder value through a focused approach and cost savings, it comes with significant inherent risks including overreliance on a single market segment and potential operational hiccups during the transition period. It nudges the UK house building sector towards more integrated and collaborative approaches, yet signals a competitive crunch in the partnerships housing segment. It would be prudent to maintain a vigilant eye on market dynamics to navigate the nuances of this strategic pivot successfully. I would hope that there is a strategy to revisit the diversified business model if required, to not sideline a considerable market segment completely. Failure to do so could send another building giant to the wall.

In today's #IndustryNews: House builder targets delivery of 500 homes across the region 🗞️ The article reads: 🗨️ Miller Homes, which currently has 10 developments located across the Yorkshire region, has unveiled its strategy for continued growth into 2024 and beyond. The business says it aims to deliver about 500 new homes across the region in 2024, open a further three developments, and make four land acquisitions. 💬 Read more via TheBusinessDesk.com ➡️ https://lnkd.in/e-uAMJF8 --- We look forward to learning more about this development over the coming months. #News #ConstructionNews #Development #MillerHomes #HouseBuilder #Housing #NewHomes #Growth #YorkshireHomes #NewBuilds

I personally do not see the benefit to the housing crisis of large companies like Bellway/Crest merging, or Barratt/Redrow. I get the business perspective and appreciate that is why it helps them but things like this the governement needs to step in and look at how it helps. We have seen with Vistry, multiple office closures and redundancies. We have seen them leave areas that may rely on a large housebuilder to exploit the opportunity of bigger projects as regional developers cannot take on such challenges. The housing market is volatile and when it is tough, such infrastructures of offices and employees will not be sustainable. #32Recruit