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5 Ways to Invest in Real Estate

If you’ve ever had a landlord, you probably don’t dream of being one: Fielding calls about oversize bugs and overflowing toilets doesn ’t seem like the most glamorous job. But done right, real estate investment can be lucrative, if not flashy. It can help diversify your existing investment portfolio and be an additional income stream . And it doesn’t always require showing up at a tenant’s every beck and call. The trouble is that many new investors don’t know where or how to invest in real estate. So here are five options, ranging from high maintenance to low. 1. Invest in rental properties Tiffany Alexy didn’t intend to become a real estate investor when she bought her first rental property at age 21. Then a college senior in Raleigh, North Carolina, she planned to attend grad school locally and figured buying would be better than renting. “I went on Craigslist and found a four-bedroom, four-bathroom condo that was set up student-housing style. I bought it, lived in one bedroom a...

• Foxhollow Apartments • Lewisville • Texas •

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Property Management " /> Foxhollow Apartments Dallas , TX 75243 - Texas Apartments for … Foxhollow Apartments Dallas , TX 75243. View details on Foxhollow including pricing , photos, floor plans, and move in specials.  Property Management , Inc" /> 700 Foxhollow Run , Milton GA - Trulia Photos, maps, description for 700 Foxhollow Run , Milton GA. Search homes for sale, get school district and neighborhood info for Milton, GA on Trulia—Delightfully ...  700 Foxhollow Run , Milton, GA 30004 - Zillow View pictures, the sales history and the Zestimate value for 700 Foxhollow Run .  8730 E Foxhollow Dr, Anaheim, CA 92808 - Zillow View pictures for 8730 E Foxhollow Dr, a 4 bed, 3.0 bath, 2650 sqft home that recently sold for $780,000. ABSOLUTELY EXQUISTE INSIDE AND OUT!!Luxurious Upgrades …  Property valuation of Foxhollow Run, Atlanta, GA: 700 (JOHN A ... Property valuation of Foxhollow Run, Atlanta, GA: 700, 705, 760, 770, 780, 785, 792, 794 (tax assessments)...

Top Local Business Stories of the Week

GOOGLE’S GROWTH Google gobbles up more space in Austin high-rise: Google is growing its downtown Austin footprint , even before its first employees set foot in the company’s new space in the sleek new office tower called 500 West 2nd . The new space ultimately will house more than 450 Google employees, working on products and teams across Android, G Suite, Google Play, human resources, finance, engineering and marketing operations. Google’s new space will consolidate employees from other locations, including North Mopac Boulevard (Loop 1) and University Park just north of downtown. In 2015, Google confirmed that it had signed a lease for more than 200,000 square feet of space in 500 West 2nd, a 29-story tower that celebrated its grand opening last week. The California- based search engine giant , one of the world’s largest companies, will be the marquee tenant in the Gensler-designed building. Google will be occupying about 300,000 square feet of space in the building, or 50 percent...

Militello and QR Capital Acquire 269-Unit Apartment Community in Chattanooga for $24.75 Million

CHATTANOOGA, TN - Militello Capital , a greater Washington, DC private equity firm , announced the acquisition of Riverview Grande apartments , a 269-unit multi- family apartment community located in the Northshore submarket of Chattanooga, Tennessee.The acquisition marks Militello Capital ’s tenth multi- family investment completed through its joint venture with QR Capital, an Atlanta- based real estate investment firm . Riverview Grande was acquired for $24.75 million, with capital support led by registered investment advisors (RIAs) seeking access to vetted and privately held income - producing real estate investments on behalf of their High Net Worth clients . “Chattanooga embodies what we look for in a real estate market :    population growth driven by a diverse economy combined with built-in supply constraints,” said Matt Brady, Co-Founder and Chief Operating Officer of Militello Capital .  “This investment, our first in Chattanooga and our third in the state...

New Residents Rush To Fill First Apartments At Runway Playa Vista; Leasing Activity Far Exceeds

PLAYA VISTA, Calif. , Aug. 24, 2015 /PRNewswire/ -- Just six weeks after opening its doors, the first new apartment building at Runway Playa Vista is nearly two-thirds leased. The 100-unit building is the first of four residential communities to open in the Runway mixed-use complex – the downtown of Playa Vista anchored by Whole Foods Market, Cinemark Theatres, CVS, and a wide array of new restaurants and other retailers. The buzz generated by Playa Vista's first new apartment community since 2008 has been palpable. Prospective residents registered to receive online updates and participate in tours of the new development months ago . In July, the first pioneering residents moved in, taking advantage of the new parks and retail areas now coming to life to complete the Playa Vista community vision. Robust interest in the Runway apartment community speaks volumes about the burgeoning market for housing in one of the Westside's most exciting neighborhoods. Besides being ...

$35.8 Million Apartment Property Refinancing Structured by Marcus & Millichap Capital Corp.

CHARLOTTE, N.C.--( BUSINESS WIRE )--Marcus & Millichap (NYSE: MMI) today announced that its financing subsidiary, Marcus & Millichap Capital Corp . (MMCC), has arranged $35.8 million in refinancing for Aurora Apartments in Charlotte, North Carolina. The loan was structured with an adjustable interest rate over a seven- year term amortized over 30 years. “MMCC has an existing relationship with the borrower who sought our services based on our reputation as a low-cost provider and our ability to execute complex financing transactions flawlessly ,” said Richard Katzenstein, senior vice president and national director, MMCC. “Leveraging our partnership with PGIM Real Estate Finance , we were able to provide a low- cost capital solution with attractive terms well beyond what the borrower was able to find elsewhere in the marketplace. In addition, MMCC’s execution of the loan was one the best the client had experienced.” “This transaction highlights how our proprietary preferr...

Calvera Partners Sells Atari-Themed Apartment Community in Sunnyvale for Considerable Gain

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California real estate investment firm rebrands and repositions 1960s- era apartment community with modern amenities and boutique hotel feel, increasing value by 89% Calvera Partners, a California- based private real estate investment firm , today sold pksl (pronounced “pixel”), a 37-unit apartment building located at 1090 Sunnyvale Saratoga Rd. in Sunnyvale, CA, for $15.7 million ($424,000 per unit), an 89% increase over the building’s acquisition price of $8.325 million in January 2014. Home base to the original tech darlings Atari , AMD and Yahoo, the pksl project was the transformation of a 1960s- era apartment complex , formerly known as Crestview Terrace. With a mission to reposition underperforming properties with creative and authentic brands, high value tenant amenities , and modern design, pksl underwent a major transformation. “This community underwent the most significant physical change of any property we’ve owned,” said David Saxe, managing principal at Calvera Pa...

Historic preservation is not the bogeyman for finding cheap apartments in DC

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Today's Post has an article, "The new housing market: Why it’s so hard to find a cheap apartment in Washington, D.C.," with this line about strategies for producing more and lower cost housing : In D.C., you could even ditch the large historic districts that make it extremely difficult to build anything substantial in many desirable neighborhoods. Too bad it's wrong.  (The article doesn't say all that much considering.) The reason that it's hard to find cheap apartments in DC, is that relative to demand, there is lack of inventory. But it's not because of historic districcts. It's because historically, DC had been a small city relatively speaking, and not an industrial city, which would have led to the construction of more and higher capacity apartment buildings and tenements. Instead, especially in the late 1800s and into the early part of the 1900s, mostly single family housing (rowhouses) was constructed in those inner city neighborhoods th...

Irvine Company Eyes Playa Vista

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remaining undeveloped land at Playa Vista" /> For sale: the bulk of remaining undeveloped land at Playa Vista Irvine Company is eyeing the Westside Los Angeles neighborhood of Playa Vista for a sizable apartment development , according to real estate sources . The Newport Beach- based real estate investor and developer is said to be involved with a consortium of developers and homebuilders that’s bidding for a large portion of land now up for sale at Playa Vista, a nearly 1,100- acre neighborhood located near the San Diego (405) and Marina (90) freeways. The land said to be up for sale runs about 100 acres and in total could sell for more than $200 million, according to real estate sources . Irvine Co. is interested in taking over a portion of that land, which could hold roughly 1,500 apartments, sources said. Other developers would handle Playa Vista land that’s expected to hold between 600 and 800 for-sale homes. The consortium Irvine Co. is backing is said to be hea...

Glenview, Northbrook look at their affordable housing

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May 13, 2013 | By Alexandra Chachkevitch, Tribune Reporter Crestwood Place senior facility , discusses the importance of socio-economic diversity in communities at his apartment on May 3." alt="Marshall Gardner, a resident of Northbrook's Crestwood Place senior facility , discusses the importance of socio-economic diversity in communities at his apartment on May 3." /> Marshall Gardner, a resident of Northbrook's Crestwood Place senior facility , discusses the importance of socio-economic diversity in communities at his apartment on May 3. (Alexandra Chachkevitch, Chicago Tribune) Marshall and Paulette Gardner were residents of a senior living facility in downtown Chicago eight years ago when they decided to move back to Northbrook, nearer their children. Crestwood Place , the village's affordable housing development for seniors, seemed perfect. "We were lucky — the waiting list happened to be short during that time," said Paulette Gardner, 71...

Wimberly at Deerwood apartments sell for $43.5 million | Jax Daily Record | Financial News & Daily Record

A Texas investor has bought The Wimberly at Deerwood Apartments — an asset the company described as “ resort style living in one of the more sought after locations in Jacksonville” — for $43.5 million. Olympus Property, based in Fort Worth, Texas, picked up the luxury apartments at 9727 Touchton Road from the Behringer group , a Dallas-based REIT. Built in 2000, the 322-unit Wimberly at Deerwood complex is within walking distance of the Florida Blue and Merrill Lynch campuses and close to the St. Johns Town Center . “Wimberly is a top tier asset that we are proud to be adding to our Jacksonville portfolio,” Olympus Co- founder Anthony Wonderly said in a news release. Founded in 1992, Olympus Property describes itself as a fully integrated real estate investment firm , and a “recognized name” in the multi-family industry. The company currently owns and manages 11,000 units across eight Southern states from California to Florida. The Wimberly at Deerwood is a Class A garden- style ...

Reno rent market at record-high prices, near-zero vacancy

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Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City. (Andy Barron/The Reno Gazette-Journal via AP) Photo: Andy Barron, AP / The Reno Gazette-Journal" class="landscape" /> residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City. (Andy Barron/The Reno Gazette-Journal via AP) Photo: Andy Barron, AP / The Reno Gazette-Journal" class="landscape" src="src" /> Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that ...