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LI investor adds three retail properties to portfolio
Peter Petrakis, a Seaford-primarily based industrial genuine estate investor, obtained three retail qualities in Indiana and North Carolina for a overall of $3.965 million. The purchaser obtained an 18,000-sq.-foot retail creating on 1.3 acres at 8905 E. 10th St. in Indianapolis, Ind. for $1.3 million. The residence is web-leased to Walgreens and the sale price tag equates to a 7 p.c cap amount. Petrakis also obtained a 5,472-sq.-foot restaurant developing on .91 acres at 4383 Countrywide Road in Richmond, Ind. for $1.54 million. The assets is net-leased to Chili’s and the sale value equates to a 4 {d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} cap amount. The third house acquired by Petrakis is a 2,979-square-foot cafe setting…
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JLL expands strategic partnership with Manulife Investment Management to provide property management services across its Canadian real estate portfolio
CHICAGO, December 15, 2022 – JLL declared currently that it has expanded its strategic partnership with Manulife Financial investment Management to assume home administration and setting up functions obligation at 195 Canadian belongings managed by Manulife Financial commitment Administration. The portfolio comprises business office, industrial, multi-family and retail structures totaling almost 30 million sq. feet in Alberta, British Columbia, New Brunswick, Nova Scotia, Ontario and Quebec. “JLL has extended been a assets administration partner to Manulife Financial investment Administration in the United States, and we’re thrilled to increase our partnership and partnership into Canada. We goal to generate operational performance making use of technology and most effective operating procedures, and…
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3 Home Improvement Stocks to Spruce up Your Portfolio Now
Demand for home improvement products and services increased during the COVID-19 pandemic, with people spending more time in their homes. With people becoming homebound and continuing their hybrid lifestyles, demand remained stable even after the restrictions were eased. Nearly 76{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of American homeowners did a home improvement project in 2020. Last year, Americans spent approximately $538 billion at home improvement stores. This trend is projected to continue in the upcoming years, driven by rapid urbanization, a growing transition toward energy-efficient living spaces, and the continuation of hybrid working models across various organizations. Furthermore, easing inflation data for October is expected to bode well for the industry. According to a report…
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Inside Tiger Woods ’s Luxe Real Estate Portfolio | Architectural Digest
2005 Woods and Nordegren quietly snapped up property in a gated neighborhood in Jackson Gap, Wyoming, for an undisclosed amount of money (plenty there were stated for involving $1.2 million and $4.5 million). Specifics of their trip home are sparse, however it is believed that the few sought out land in the Cowboy Condition for a number of distinct good reasons, such as its proximity to superb golf programs and fly fishing, as very well as very easily available slopes for Nordegren to ski on. It is unclear whether or not possibly of them still very own this residence. 2006 Woods and Nordegren then shelled out a whopping $40 million…
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JLL Income Property Trust Acquires Kansas City Medical Office Portfolio
CHICAGO, March 29, 2022 /PRNewswire/ — JLL Cash flow Assets Have faith in, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX ZIPTMX ZIPIAX ZIPIMX) with extra than $5.9 billion in portfolio assets these days declared the acquisition of Kansas City Healthcare Business office Portfolio, a a lot more-than 50,000-sq.-foot, three-assets professional medical place of work constructing portfolio with attributes in and all over Kansas Town, Missouri. The acquire price was around $22.2 million. “We have ongoing to concentration on growing our countrywide health care workplace portfolio as we concentrate on health care-oriented qualities in the workplace sector to get gain of favourable, extended-time period market place traits that really should…
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Growing Your Investment Property Portfolio by Dave Sweyer
If household rental serious estate is a section of your expenditure portfolio, you may speculate if and when there is a right time to grow your portfolio. Of training course, provided that each investor’s aims, danger tolerance and comfort pertaining to dollars-to-debt will fluctuate, there is no slam dunk remedy. But, you are not the first man or woman to commit in rental attributes, and there are a couple tips to the trade. Listed here are a couple of items to look at when contemplating about increasing your portfolio. Long-Expression Mortgages
 If possessing the ability to reinvest in new qualities continually is essential to you, for a longer period-term –…
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