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lskpropertys · 5 months ago

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Where Can You Find Property Management Services in London?

Finding the right property management service can significantly enhance your real estate investment experience, whether you are dealing with residential or commercial properties. For landlords in the vibrant city of London, UK, and even in London, Ontario, there are numerous options available that cater to diverse needs and preferences. This guide explores where you can find top-notch property management services in London, highlighting key aspects to consider and notable companies in the industry.

Understanding Property Management Services

property management london involves the administration, operation, and oversight of real estate properties. These services include tenant screening, rent collection, property maintenance, legal compliance, and more. Engaging a reliable property management company ensures your property is well-maintained and profitable, providing peace of mind and freeing up your time for other pursuits.

Why Choose Property Management Services in London?

London is a bustling metropolis with a dynamic property market. The city's real estate sector requires adept handling due to its complexity and the diverse demands of tenants and property owners. Property management companies in London are well-versed in local regulations, market trends, and tenant expectations, making them invaluable partners in managing your investment.

Key Areas for Property Management Services in London

Central London

Central London is property management London of the most prestigious and high-value properties. Areas such as Mayfair, Kensington, and Chelsea require property managers with a keen understanding of luxury real estate and high-end tenant services. Companies operating in Central London often provide bespoke management services tailored to the needs of affluent property owners.

North London

North London, encompassing areas like Camden, Islington, and Hampstead, features a mix of residential and commercial properties. Property management services here focus on maintaining the character of period homes while meeting modern standards. Managers in this area are skilled at balancing traditional aesthetics with contemporary functionality.

East London

East London, including neighborhoods like Shoreditch, Hackney, and Stratford, is known for its vibrant, creative communities and rapid development. Property managers in East London often specialize in managing properties for young professionals and artists, ensuring properties are trendy, well-maintained, and aligned with the area's unique culture.

South London

South London areas such as Clapham, Brixton, and Greenwich offer diverse property types, from historic homes to modern apartments. Property management services in South London focus on enhancing the value of properties through regular maintenance and strategic improvements, catering to a wide range of tenants.

West London

West London, covering districts like Notting Hill, Hammersmith, and Fulham, is characterized by its blend of residential and commercial spaces. Property managers here often handle mixed-use developments, ensuring seamless operation and high tenant satisfaction across different property types.

Top Property Management Companies in London

Foxtons Property Management

Foxtons is a well-known name in the London property market. They offer comprehensive property management services, including rent collection, property maintenance, and legal compliance. Foxtons' extensive network and market knowledge make them a reliable choice for landlords seeking professional management services.

Knight Frank

Knight Frank provides premium property management services in London, specializing in high-end residential properties. Their services include everything from tenant sourcing to property refurbishment, ensuring that properties are well-maintained and profitable. Knight Frank’s reputation for excellence and attention to detail makes them a preferred choice for luxury property owners.

Savills

Savills is another leading property management company in London, offering tailored services for both residential and commercial properties. They provide a wide range of services, including financial management, property maintenance, and tenant relations. Savills’ expertise and comprehensive service offerings make them a go-to for property owners looking for dependable management.

Chestertons

Chestertons offers property management services across London, focusing on maximizing rental yields and maintaining property value. Their services include tenant vetting, rent collection, and maintenance management. Chestertons' personalized approach ensures that each property is managed according to the owner’s specific needs and goals.

Benham and Reeves

Benham and Reeves provide specialized property management services, particularly for international landlords. They offer a full range of services, from tenant placement to property inspections, ensuring properties are managed efficiently even from afar. Benham and Reeves’ global perspective and local expertise make them a great choice for overseas property investors.

Property Management Services in London, Ontario

For those in London, Ontario, property management services cater to a growing and diverse real estate market. Whether dealing with student housing, residential properties, or commercial spaces, property managers in London, Ontario, offer valuable services to enhance your investment.

Leading Property Management Companies in London, Ontario

Lionheart Property Management

Lionheart Property Management is a prominent name in London, Ontario, offering comprehensive services for residential and commercial properties. They focus on tenant satisfaction and property maintenance, ensuring properties are well-managed and profitable.

The Ironstone Building Company

The Ironstone Building Company provides property management services with a focus on quality and customer service. They handle everything from tenant placement to property maintenance, making them a reliable choice for property owners looking for thorough and efficient management.

HighPoint Property Management

HighPoint Property Management specializes in residential property management in London, Ontario. They offer services such as tenant screening, rent collection, and property maintenance, ensuring properties are well-kept and tenants are satisfied.

Abbey Rentals and Property Management

Abbey Rentals and Property Management offer tailored services for various property types, including student housing and residential properties. Their comprehensive service offerings and commitment to quality make them a trusted partner for property owners in London, Ontario.

How to Choose the Right Property Management Company

When selecting a property management company in either London or London, Ontario, consider the following factors:

Reputation

Look for companies with a strong track record and positive reviews from other property owners. A good reputation often indicates reliable and high-quality service.

Services Offered

Ensure the company offers the specific services you need, whether it's tenant screening, maintenance, financial management, or legal compliance. Comprehensive service offerings can save you time and hassle.

Local Expertise

Choose a company with in-depth knowledge of the local property market. Local expertise ensures your property is managed according to regional regulations and market trends.

Communication

Effective communication is crucial in property management. Select a company that is responsive and transparent, keeping you informed about your property’s status and any issues that arise.

Fees

Compare fees among different property management companies to find a service that offers good value for money. Be clear about what services are included in the fees to avoid any hidden costs.

Conclusion

Finding the right property management service in London or London, Ontario, is essential for the successful management of your real estate investments. By considering factors such as reputation, services offered, local expertise, communication, and fees, you can choose a property management company that meets your needs and ensures your property is well-maintained and profitable. With numerous reputable companies in both locations, you are sure to find a partner that aligns with your goals and enhances your property ownership experience.

#rental property management near me #.

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ctassetrealtypm · 3 years ago

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Why do we need a property management company?

A property always relates to the dream of every owner. Everyone expects profit either while buying a property or selling it in the future. However, not everyone seeks the best option to make their dream real. There comes the role of a property management company. A property management company remains well-equipped with the techniques and professionals to manage and maintain a property and work on every requirement for the same. But many people cannot recognize the importance of property managers. So, here we come with some roles played by property managers for the benefit of your property. Let’s go!

3 important roles of a property management company

The roles of property managers are very important and crucial for the landlords, especially in this busy generation where we barely get the time to spend on work other than our regular schedules. These roles are,

Less legal hassles

A property involves a lot of legal procedures, not only for buying or selling but also for maintenance. A property manager can help you lessen these hassles and make everything easy and smooth for you. For instance, when you find a tenant for your property, you will have to provide legal papers with the terms and clauses. This will be made by the property managers and thereby safeguard your interest always. Some of the legalities on which the companies for property management in CT work are,

- Screening the tenants.

- Preparing the terms and conditions to hand over the property.

- Tenant evictions.

- Handling and collecting the rents and security deposits from the tenants, etc.

Finding high-quality tenants

When we wish to put our property on rent, we always expect high-quality tenants who can keep the property the way an owner will keep it. The quality of the tenants can be ascertained well with the help of tenant screening which is quite a complex process. If you don’t have enough experience in real estate dealings, you can put the responsibility onto the property management companies. They can always benefit you with high-quality tenants based on,

- Long-term rent.

- On-time rent payment.

- Cause less or no damage or problems to the property.

- Mitigate the wear and tear of the property.

A shorter period of vacancy

Often, landlords have to put their property idle for a long time because they do not have a beneficial deal. But not with the companies for property management in CT. With all their skills and connections, they help you get the deal you want in a shorter period. So, your property will be idle for a shorter time only, and without any hassle or hardship, you can make a worthy deal. For this, they do all the needful for the property such as,

- Preparing the properties for rent.

- Consider the optimal rent for the property.

There are many other benefits that you can grab with property managers. Make the best of your property with the companies for property management in CT. Hire now!

#real estate property management in connecticut #Property Management company in Bridgeport CT #Property Management company in Fairfield CT #real estate property management in Bridgeport #real estate property management in Stratford

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mathewjamespropertyservices345 · 3 years ago

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architectnews · 3 years ago

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Apex Gardens + Windlass Apartments, Haringey, London

Apex Gardens + Windlass Apartments, Haringey, North London Homes, Property Photos, Architecture

Apex Gardens + Windlass Apartments, Haringey, North London

8 September 2021

Location: Apex Gardens, Seven Sisters, Haringey, North East London, England, UK + Location: Windlass Apartments, Tottenham Hale, Haringey, North East London, England, UK

Stunning Rental Developments Launch In North London Neighbourhoods

Grainger Launches New Rental Developments In The Capital

Apex Gardens, Seven Sisters:

Apex Gardens and Windlass Apartments in Haringey

Renting in the Capital has had a modern revamp as the UK’s largest listed residential landlord, Grainger PLC, has opened the doors of its latest, stylish residential developments.

Apex Gardens and Windlass Apartments both located in the vibrant borough of Haringey, North London, are already catching the eye of renters.

Perfectly located in the heart of Seven Sisters and adjacent to the Seven Sisters station, Apex Gardens offer homes with stunning, unobstructed and unrivalled views across London and beyond.

Windlass Apartments:

The 163 new one, two and three bedroom apartments and four bedroom town-houses, allow easy access to the Victoria line and central London and with standard rental prices starting from £1600 per month, these desirable homes offer great value for the Tottenham market.

Apex Gardens:

35% of the new homes at Apex Gardens are affordable homes, available at a Discounted Market Rent, and discounted at between 50% – 80% of market rent. The 3 and 4 bedroom affordable homes, aimed at families, are available at a 50% discount to market rent. The vast majority of the affordable homes are being nominated via Homes for Haringey’s housing list, meaning these homes are being made available to those most in need, and the one bedroom homes are being prioritised for key workers from the local area.

Apex Gardens:

Additionally, inviting new development Windlass Apartments, is perfectly located situated close to Tottenham Hale station and underground.

Offering 108 one, two and three bedroom apartments with easy access to the city centre, Stratford and the West End, these brand-new apartments are available to rent with prices starting from £1620 per month.

Windlass Apartments:

Leading residential landlord Grainger plc, aims to redefine the way people rent homes, giving residents the best experience possible by combining the flexibility of renting, high quality homes plus professional onsite services, offering homes designed exclusively with the needs of modern day renters in mind.

Apex Gardens reception:

Purpose-built and thoughtfully designed, both developments benefit from a wide range of amenities at no extra cost. From superfast WiFi to access to a resident’s lounge, co-working space and fitness studio, there are also a range of outdoor terraces and play spaces. Residents of Windlass Apartments have the additional benefit of stunning views and greenery on the doorstep via the Walthamstow wetlands.

What’s more, each resident will have access to support services such as a dedicated onsite Resident Services team and repairs and maintenance support.

At the heart of these new developments it is the sense of community which will really set Apex Gardens and Windlass Apartments apart from other rental options. With extensive areas of shared social space, the developments will create endless opportunities for residents to connect, network and truly enjoy their living experience.

Apex Gardens mail boxes:

Grainger further offers a ‘Stay As Long As You Want’ flexible tenancy option of up to three years, enabling residents to put down roots and feel secure in their new homes.

Both developments are positioned in close proximity to a strong local amenity offering including bars, restaurants and shops, making living there all the more convenient.

Windlass Apartments:

Helen Gordon, Chief Executive, Grainger plc said: “With the launch of our Apex Gardens and Windlass Apartments we are bringing high quality homes and a new way of renting to these vibrant North London locations.

“Both Apex Gardens and Windlass Apartments will have everything that renters need, whether that’s co-working spaces and fast WiFi for those working from home, or a shared lounge and games room for those new to the area. With our dedicated on-site Resident Services team we aim to make renting stress-free and enjoyable for everyone.”

“From recent graduates and professionals to young families and those looking to downsize, Apex Gardens and Windlass Apartments are suitable for everyone. We want to create a real sense of community, and a strong neighbourhood feel.”

Apex Gardens interior design:

These stylish properties come with a range of furniture options, fantastic storage and modern integrated appliances. Standard monthly rental prices start from £1600 at Apex Gardens and £1620 at Windlass Apartments.

For more information or to arrange a viewing visit https://ift.tt/3jPLKdg or https://ift.tt/3zP8YWB.

Windlass Apartments:

In 2020, Grainger received several notable recognitions:

• Residential Landlord of the Year, RESI Awards • Residential Asset Manager of the Year, RESI Awards • PRS Deal of the Year for Connected Living London with Transport for London, RESI Awards • Sustainability Best Practice Reporting Award – Gold, European Public Real Estate Association • FTSE4Good constituent since 2010 • ‘AA’ rating by MSCI for ESG

Windlass Apartments:

Apex Gardens + Windlass Apartments, Haringey, London images / information received 080921

Location: Haringey, North East London, England, UK

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automaticvr · 4 years ago

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jenkinsjourneys · 4 years ago

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Cycling through COVID 19

This year has seen us having to adapt to how we get out and exercise and for us this year’s usual cycle challenge had to be altered. When the government granted us permission to exercise for up to an hour a day, we took the opportunity to do an early morning circuluar route up our local country park on our new Orbea bikes. Luckily, we had got our new bikes just before Lockdown. We continued to do this every day, then when we was granted the opportunity to cycle for unlimited time, we decided to plan a weekly ride around the Somerset. and south along the north coast. Here the various routes we took:

Cycle 1: Portishead to Cheddar

We started out in Portishead and cycled to Clevedon and then on to Yatton where we picked up the Strawberry Line, this is a disused railway line so nice and flat and excellent for family rides. Along the route just before Cheddar, is a huge reservoir, ideal for a paddle and a spot of lunch. It was a roasting hot day, so we were glad for the opportunity to take a break and relax in the beautiful surroundings. Remember , this was during lockdown so normally we would of had a look around the village shops but on this occasion we took in a drink stop and had a nice iced coffee for the local Tesco. Total mileage was 40 miles.

Cycle 2: Portishead to Burnham on Sea via Weston Super Mare

This route took us on three different cycle routes, The NCR 410, the strawberry line and the NCN 33. This was our biggest ride this year and we covered over 60 miles. There and back. We managed to cycle along the beach from Brean, which can be a bit tough, but the views on a sunny day made it worth while.

Cycle 3: Burnham on Sea to Kilve Beach

This was a mixed ride, through stunning country side past the Quantock Hills and down in to Lilstock where we picked up the England Coastal Path, along the cliffs edge. The route was made up of quite country lanes and stunning coast line. We saw alot of MTB’s drive past us and we found out there are a number of MTB trail in the Quantock Hills. Take a look at TrailForks website for more details. This ride was more challenging due to the number of inclines along the route, but it put us in good stead for our forth coming Devon Cycle Tour.

Cycle 4: Kilve Beach to Minehead via Watchet

We did have to cycle along the A39 on a number of occasions on this day but the wonderful harbour once we reached Watchet, made it worthwhile. It’s a quaint little sea fisherman’s village. This picture is me taken sitting on Yankee Jack’s lap. His real name was John Short and he came to be known as Yankee Jack because he is seen as the father of Sea Shanties.

On wards from Watchet took us to Blue Anchor after a large decent on to the prom, this was a secluded beach, not at all touristy, we joined the coastal path here, which was on the rocky beach so we had to push the bikes for a short while before we picked up the path.You get to see the amazing Dunster Castle nestled in to the hill over looking Minehead. Once near Minehead, you can see the Butlin’s landmark way before arriving in to town, and it took me back to my childhood of the many fantastic family holidays spent there. As a treat, we had fish and chips before cycling back to Kilve out of town on the A39. This was a nice ride as we zipped along the road because it felt like the majority of the route was down hill. To be honest after having fish and chips I was grateful for the decents.

Cycle 5: We did a local ride from Home (Rubery, Birmingham) to Stratford Upon Avon

This is a great ride and we also start out early, one to avoid the traffic on the roads and two to enable us to ride before the temperatures increase. This week we invested in some Bar Ends, they where £10 from Amazon, and is probably my best investment for bike touring, simply because you can sit up and enjoy the views as you cycle along. We cycled through Henley in Arden, which reminded me of many a Sunday drive for an ice-cream as a youngster.

Cycle 6:Cheltenham to Winchcombe circular route

In 2019, we took part in an organised charity ride for the British Heart Foundation, a charity that means alot to me due to my Grandad having passed away due to a heart attack. So, we decided to do it again. Partly, because you get to see the majestic Cotswold stone houses and also because we knew that it would be great hill climbing training, especially up the Sudeley Hill, that runs next to the Sudeley Castle Estate. Phew, that was the toughest ride I have done but well worth the stunning views of the rolling farm fields below. It’s amazing how many gorgeous villages you pass through on this route: Bishop’s Cleeve, Gotherington, Winchcombe, Guiting Power, Brockhampton (stunning National Trust property), Whittington (no relation to Dick), Ham and then back to Cheltenham.

North Devon Coast Bike Tour

Lockdown had been lifted and we were finally able to organise a bike tour. We wanted to continue on from our Somerset adventures, so we decided to plan 2020 bike tour from Minehead and along the North Devon Coast. We decided to hire a car and the best location we could drop off was in Taunton, just 25 mile from Minehead (inland). That’s where we started our ride. For this ride we invested in some new bike pannier bags from Btwin, great dry bags and after learning from previous tours, we kept our packing as light as possible.

Day 1 Taunton to Porlock

This route took us on prodominately on main roads. Where we could, we would take the country lanes and B roads, simply so you can enjoy the whole experience more in the sounds of the country side rather than the reving of car. The temperatures soared and luckily we took plenty of water to rehydrate along the route. By the time we reached Porlock we was ready to pitch up for the night, we covered 35 miles this day but it felt like more due to the high temperatures. This route covered a number of hill climbs but as we came down in to the village of Porlock we spotted a number of tents on the outskirts of the village. We pitched up at Sparkhayes, which cost us £10 per adult. It was a great site with views of the sea. This evening we had our dried food that we had taken with us.

Day 2 Porlock to Combe Martin

The campsite owner at Sparkhayes, suggested to us that we use the toll road out of Porlock as Porlock Hill was a major climb. Once we packed away our tent we got on the road at 7am, as we cycled out of the village we saw the signs for Porlock Hill it was 25% hill or a 1 in 4. When we got to the turn for the toll road, we had already decided we wanted to commit and get up the hill. Wow, it was a tough climb and to be honest we bike hiked the majority of it. I was pushing on tip toes for the majority of it. I’d love to say the views were fantasic but the clouds and mist made it difficult to see no more than 10 foot in front of you. When I checked, the hill went on for approximately 2 miles, steeper in some places than others. This is a fantastic challenge for super fit road cyclist that want to challenge themselves.

We cycled down in to Lynmouth, in time for breakfast. and this is where we saw the Lynton Cliff Railway. Unfortunately, we was unable to ride the railway line because we had our bikes, but we took the coastal path which had a number of poems along the way in to Lyton and this is where we took these brilliant photos of the cliff railway. We picked up NCN 27 from Lyton which was again inclines passing through the Valley of Rocks and passed Martinhoe and on to Combe Martin after stopping for a lunch break at Hunter’s Inn (heddon Valley, Exmoor) Parracombe. Apparently this whole area was particularly popular in the Victorian era. The photo’s on the Inn’s wall shows a snap shot of the popularity of the area. After cycling on to Combe Martin we came across Newberry Valley camping park. Although they were full with prebooked campers, they was able to accomodate us on a Backpackers pitch. The staff here were extremely helpful. 5 star rating from us.

Day 3 Combe Martin to Croyde via Ilfracombe

The first thing we did once we got on the road was to climb the first big hill of the day. We were fast become use to the terrain in Devon, expect hills and enjoy the zips down (Make sure you have good brakes on your bikes, you’ll need them). We cycled through Watermouth and this had an amazing cove and a more impressive Castle. Which is a family theme park. I would definately, like to return here again. Beautiful part of the coast. We dipped through the village of Hele, this made us laugh because we was trying to work out the prenouncation of the place. Another lovely bay. We stopped in Ilfracombe for a take away cuppa and a spot of breakfast, while looking over the aqua blue seas of Wildersmouth Bay and Capstone Hill. The coastal path meanders all around these wonderful sites.

We then cycled across country skirting past Woolacombe to Croyde bay. This area is hugely popular with surfers and there are a number of sites for you to pitch up. We chose to stay at Ruda Park Dean holiday resort purely due to the location to the beach. As this was a short ride day, we decided to take the opportunity of soaking up the rays and relax on the site for the afternoon and evening. Enjoying fish and chips on the golden beach of Croyde Bay.

Day 4 Croyde to Barnstaple via Saunton and Braunton

We woke to Thunder and decided to make tracks early. This route is well worth it, because you look over Saunton Sands. Again very secluded with a huge stretch of golden sands and rolling sand dunes. I said it could be the Marbs of Devon with a bit of investment. We cycled in land following the estuary through Braunton to the River Taw into Barnstable.

Barnstaple is the main town in North Devon and was formely a river port for wool imports and exports. The town has a medieval feel and it still has its victorian market called the Pannier Market just below the Guildhall. Originally Barnstaple was known as Barum, before staple was added (which means market). We arrive just in time because the storms arrived just as we picked up our hire car from Enterprise.

So that is the end of this epic blog. We hope it inspires you to get out in to our wonderful country and enjoy a staycation, while keeping fit. This has been the toughest bike tour to date but it was well worth the effort we put in.

Next route is to move on in to Cornwall and picked up the Camel Trail to St Austell on the south coast leg. Fingers crossed we can do it, this year. Well, I have already planned the route for the next adventure.

#wellbeing #cycling #biketouring #bikehiking #mtb #mtbtrail #cyclelife #devon #somerset

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monkeyjeff4 · 5 years ago

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National Cheat Sheet: Amazon makes HQ2 split official, SoftBank invests $3B in WeWork… & more

Clockwise from top left: Amazon announces plans to divide its HQ2 between Long Island City and Crystal City, WeWork secures a $3B investment from SoftBank, Berkshire Hathaway HomeServices plans to open up new offices abroad, and the MTA will shell out $35M for Grand Central Terminal.

Amazon announces plans to split its HQ2 between Long Island City and Crystal City After months of speculation and unconfirmed reports, Amazon finally made its long-awaited HQ2 announcement Tuesday. The Seattle-based company said that it would divide its second headquarters between Crystal City in Virginia and Long Island City in New York. The e-commerce behemoth also plans to open a “regional hub” in Nashville for its retail operations division’s tech and management functions. New York State has said it plans to dole out $1.7 billion in tax credits and grants to Amazon for choosing Long Island City, while Virginia has promised to provide the company $574 million in incentives and rebrand Crystal City as “National Landing.” [TRD]

WeWork secures $3B investment from SoftBank, reaching $45B valuation SoftBank is investing $3 billion in WeWork, giving the rapidly expanding co-working giant a valuation of $45 billion, according to various news reports. The investment will land WeWork in second place on the list of the country’s most valuable startups, surpassed only by Uber and one place ahead of Airbnb. The infusion won’t be SoftBank’s first investment in WeWork. The Japanese conglomerate’s Saudi Arabia-backed Vision Fund invested $4.4 billion in the startup last year and another $1 billion in August through a convertible note. WeWork reported a revenue of $1.2 billion in the first three quarters of 2018, and the investment comes as the company continues to grow. [TRD]

Berkshire Hathaway HomeServices to open up new offices abroad Warren Buffett’s Berkshire Hathaway HomeServices (BHHS) has global aspirations. The residential brokerage plans to expand to Dubai, Milan, and Vienna, and will partner with Kay & Co. to open up to 10 new offices within the next decade, according to Bloomberg. The company is also eyeing Hong Kong, Madrid, Mexico City, Paris, and Tokyo as it looks to expand. “We’ve got a number of markets already teed up,” Gino Blefari, CEO of HSF Affiliates, which oversees BHHS, told the outlet. “Eventually we’ll be in all the major metropolitan markets.” BHHS, the second-largest real estate brokerage in the country, recently expanded in Boston and last year bought Westchester County-based brokerage Houlihan Lawrence and the Long & Foster Cos. [TRD]

$1B public offering will allow Boston Properties to invest in more green projects Boston Properties hopes to raise $1 billion in a public offering and put the expected $988.1 million in proceeds toward green projects across the country. The company already owns and manages 20 million square feet of LEED Gold and LEED Platinum-certified projects, including the Salesforce Tower in San Francisco, which it co-owns with Hines. Boston Properties has pledged to cut its greenhouse gas emissions and its water and energy use by 2025. If the public offering is a success, the company will also repay debt and invest in a short-term securities purchase. The public offering is expected to close at the end of the month. [TRD]

MAJOR MARKET HIGHLIGHTS

The MTA will pay $35M for Grand Central Terminal instead of continuing to lease New York’s Metropolitan Transportation Authority has been leasing Grand Central Terminal, but now it plans to buy it. The MTA said this week that it would purchase the famous transit hub, along with the Hudson Line from Grand Central to Poughkeepsie and the Harlem Line to Dover Plains, for $35 million. MTA Chief Development Officer Janno Lieber said in a statement that it was cheaper for the MTA to buy the terminal than to continue renting it until 2274, when its lease is up, given current interest rates. “Financially, it makes sense; operationally it makes sense,” MTA board member Carl Weisbrod told the Wall Street Journal. [TRD]

Real estate firm fires agent who mocked Andrew Gillum supporters A South Florida company axed one of its real estate agents after a video showed her mocking supporters of gubernatorial candidate Andrew Gillum, the Daily Business Review reported. Gillum, a Democrat, conceded to former Rep. Ron DeSantis on election night, but withdrew his concession amid a recount. Over the weekend, United Realty Group agent Liliana Albarino-Olinick took part in various chants, saying that Gillum’s supporters only wanted him to be mayor “because is black” and calling them “racists,” according to the outlet. Olinick later apologized, saying the incident wasn’t indicative of “the person that I am.” [TRD]

Morningstar founder Joe Mansueto drops more than $100M on Chicago building Morningstar founder and billionaire Joe Mansueto has paid more than $100 million for the iconic Belden-Stratford apartments in Chicago. PGIM is selling the Beaux Arts building to Mansueto, who recently purchased the Wrigley Building for around $255 million. Belden-Stratford houses 297 units and is on the National Register of Historic Places. Mansueto, who is now the executive chairman of Morningstar, has an estimated net worth of $3.6 billion. Earlier this year, he bought a 49 percent stake in the Chicago Fire, a Major League Soccer franchise. As for Belden-Stratford, it is nearly fully occupied. [TRD]

Netflix leasing more Hollywood office space as it continues to invest in programming Netflix is leasing 355,000 square feet of office space in Hollywood. The streaming giant’s lease at Kilroy Realty’s Academy on Vine project, which is still under construction, will start in 2020. Last month, the company announced that it would lease the 13-story Epic office development that’s under construction on Sunset Boulevard, in addition to extending its leases at the Icon building and the Cue building on the Sunset Bronson Studios lot. Netflix’s real estate expansion mirrors its investments in its programming. A Goldman Sachs projection indicated that the company would spend around $13 billion on content this year. [TRD]

Compass buys DC-based brokerage for an undisclosed sum SoftBank-backed Compass has snapped up Washington D.C.-based Wydler Brothers Real Estate as it continues to expand across the country, Inman reported. The deal means that Compass, which broke into the D.C. market approximately four years ago, will now have more than 500 agents in the area, according to the outlet. Earlier this year, Compass bought West Coast brokerage Pacific Union International Realty and San Francisco-based Paragon. BHHS PenFed Realty, Century 21 New Millennium, and Keller Williams Capital Properties are among Compass’ primary D.C. competitors. Compass currently has more than 7,000 agents across the country. [TRD]

Hawaii has most expensive single-family home sale ever on Kauai A waterfront estate on Kauai has sold for $46.1 million in the most expensive single-family home sale Hawaii has ever seen, the Wall Street Journal reported. A trust created by William Strong, the former head of Morgan Stanley’s Asia Pacific operations, and his wife listed the property for $70 million in May 2017, so the home known as Hale ‘Ae Kai did take a price chop. The 15-acre estate has six bedrooms, exterior decks, pools and media and exercise rooms, as well as a farm where coconut trees, exotic palms and other plants grow. Before this, the highest single-family home sale in Hawaii was a Maui home that sold for $41.8 million in 2015. [TRD]

Source: https://therealdeal.com/2018/11/16/national-cheat-sheet-amazon-makes-hq2-split-official-softbank-invests-3b-in-wework-more/

#read more #see more #check it out #interesting #learn more

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cprokansascity · 5 years ago

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Bham real estate firm brokers $14M multifamily deal in Florida

A Birmingham commercial real estate firm represented a seller in a major Florida deal.

Stratford Management Co., a Boston investor, purchased Pinnacle Pointe Apartments in Crestview, Florida, for $14.89 million.

Built in 2010, the garden-style apartment community includes 150 units over three stories. In addition to one, two and three bedroom units, the property includes a pool, clubhouse, fitness center, outdoor grill stations, garage and storage units as well as a dog park.

Donald Gambril…

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meterteller4-blog · 6 years ago

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National Cheat Sheet: Amazon makes HQ2 split official, SoftBank invests $3B in WeWork… & more

MAJOR MARKET HIGHLIGHTS

Source: https://therealdeal.com/2018/11/16/national-cheat-sheet-amazon-makes-hq2-split-official-softbank-invests-3b-in-wework-more/

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lskpropertys · 5 months ago

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Where Can You Find Property Management Services in London?

Understanding Property Management Services

Why Choose Property Management Services in London?

Key Areas for Property Management Services in London

Central London

North London

East London

South London

West London

Top Property Management Companies in London

Foxtons Property Management

Knight Frank

Savills

Chestertons

Benham and Reeves

Property Management Services in London, Ontario

Leading Property Management Companies in London, Ontario

Lionheart Property Management

The Ironstone Building Company

HighPoint Property Management

Abbey Rentals and Property Management

How to Choose the Right Property Management Company

When selecting a property management company in either London or London, Ontario, consider the following factors:

Reputation

Look for companies with a strong track record and positive reviews from other property owners. A good reputation often indicates reliable and high-quality service.

Services Offered

Local Expertise

Choose a company with in-depth knowledge of the local property market. Local expertise ensures your property is managed according to regional regulations and market trends.

Communication

Effective communication is crucial in property management. Select a company that is responsive and transparent, keeping you informed about your property’s status and any issues that arise.

Fees

Compare fees among different property management companies to find a service that offers good value for money. Be clear about what services are included in the fees to avoid any hidden costs.

Conclusion

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jamieclawhorn · 6 years ago

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Have £5,000? here’s one FTSE 100 real estate play I’d consider after recent selling

Over the past few weeks, as the FTSE 100 has plunged lower, shares in real estate investor Segro (LSE: SGRO) have been a safe port in stormy waters for investors. Year-to-date, as the FTSE 100 has fallen by 7.2% excluding dividends, Segro has added 6.3%. If we include dividends, over the past 12 months Segro has returned 16.5% for investors, compared to a loss of 2% for the FTSE 100.

Over the past three years, Segro has smashed the performance of the FTSE 100 returning 17.5% per annum compared to the FTSE 100’s 5.4% annualised. I reckon this market-beating performance could continue as Segro continues to expand its business empire.

Single-focus

It owns and operates modern warehouses. In total, the group owns 68m square feet of space, valued at over £8bn. Unlike other real estate investment trusts, which have recently come under pressure due to their exposure to the commercial property market, its warehouse portfolio means that it is well positioned for the e-commerce age. Demand for big-box warehouses is only increasing as retailers invest in their out-of-town infrastructure, as evidenced by the 9.5% increase in Segro’s rent roll for the nine months to the end of September.

As well as rent roll growth, it has 891,000m square feet of space in its development portfolio. A staggering 71% of this potential floor space has already been let, and in total, management expects to be able to achieve rent of £46m per annum on new space — an estimated net rental yield of 7%.

The one downside I see here is Segro’s valuation. At 615p per share, the stock is currently changing hands at a small 2% premium to its last reported net asset value. The dividend yield is also a less than impressive 2.8%. Still, I think it’s worth paying a premium for the shares considering Segro’s development pipeline, which should drive net asset value growth in the years ahead. And while today’s dividend yield of 2.8%, might not set pulses racing, analysts expect steady payout growth in the years ahead as new developments are commissioned.

Rapid growth

If you’re looking for a stock with a bit more of a yield kick, then Custodian REIT (LSE: CREI) might be for you. While Segro is seeking to invest in modern warehouses, Custodian owns a more diversified property portfolio spread across the UK. These assets are smaller than those of Segro, with an average price, according to the firm’s annual report, of less than £10m.

Today, Custodian announced that it has completed a deal to acquire “a high street unit on The Grove in Stratford, East London.” This is a great example of the types of property Custodian is looking to buy. Spread across two floors, it has two primary tenants and generates an annual general income of £150,935 for a net initial yield of 6.78%.

In my view, high street commercial units are a less attractive investment compared to big-box warehouses, especially considering where the world of retail is heading. However, high street assets do offer higher yields as evidenced by Custodian’s current dividend yield of 5.5%. According to my figures, like Segro, Custodian also trades at a slight premium to net asset value.

Overall, if you’re looking for income, and are willing to take on a bit more risk by investing in commercial property, Custodian could be a great addition to your portfolio.

Under-The-Radar Investment

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More reading

Are you tempted by high-flying FTSE 100 REIT Segro? Here’s what you need to know

Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

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lenakrruger · 7 years ago

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David Forster and Julien Polidoro acquire Coldwell Banker Homefield Realty

David Forster and Julien Polidoro have acquired Coldwell Banker Homefield Realty St. Marys. The established southern Ontario brokerage is in St. Marys, Ont. between London and Stratford.

Forster and Polidoro are sole owners of the brokerage, succeeding former owner Ron Morrison, who will remain with the company in a sales capacity. The award-winning company has been recognized as a Premier Office in the Coldwell Banker system for several years. Forster and Polidoro were both veteran sales professionals with the firm before taking on their new ownership roles and each brings their own unique skill set to the operation, the company says.

Forster is a McGill University graduate with a decade of experience as general manager of his family’s hotel and restaurant business and has been both a commercial and residential rental property owner. St. Marys native Julien Polidoro has an extensive depth of knowledge of markets throughout Perth County, the company says.

“We’re proud of our company’s history with the Coldwell Banker brand and are looking forward to the future as we all work together to move our brokerage forward,” says Forster, who is broker of record.

“Growth will be an important focus for us looking to the future,” says Polidoro. “We’ll be actively seeking like-minded sales professionals who share our commitment to providing outstanding service.”

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architectnews · 4 years ago

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The Export Building on at East India Dock, London

The Export Building on East India Dock, London Offices and Retail Development, Architecture Images

The Export Building on East India Dock

31 Aug 2020

The Export Building

Architect: Studio RHE

Location: The Isle of Dogs, London, England, UK

The Export Building marks the completion of the second phase of London’s next generation office campus

Trilogy Real Estate LLP and LaSalle Investment Management have launched the Export Building; the second phase of Republic, the 720,000 sq ft mixed use next generation office campus at East India Dock, London.

The Export Building has been comprehensively refurbished by an award-winning project team, including architects Studio RHE, to deliver 175,000 sq ft of office space over nine floors, with an additional 25,000 sq ft of retail, leisure and event space available at ground floor and basement. Pre-lets have already completed to Little Me nursery, F45 gym and the International Water Association, with a further 30,000 sq ft or offices and leisure under offer.

With a stunning new 7-storey atrium, and immediate front door access to Republic’s extensive bio-diverse public realm, Export Building further enhances Republic’s offer as the nexus of innovation, tech and the knowledge economy. Both refurbished buildings on the campus benefit from a WiredScore Platinum rating and the scheme sits adjacent to the largest data centre in the country, positioning it as a prime destination for digital connectivity.

Republic is at the forefront of East London’s commercial and cultural regeneration. The campus is already home to a raft of creative and innovative companies, and higher education establishments, including YourParkingSpace, ARU London, Lebara Mobile, The Trampery, Threepipe and Deliveroo. Amenity onsite includes The Gentlemen Baristas coffee shop; the UK’s largest gym operator PureGym; upmarket grocery store Simply Fresh; and the Time Out award-winning Black Rock whisky bar.

Republic provides a range of different workspaces, from all-inclusive furnished studios to headquarter floorplates, in one of the fastest growing boroughs in London.

The launch of The Export Building coincides with the securing of planning consent for the reclassification of circa 70,000 sq ft of space to dual B1/D1 usage across the Republic scheme. This will allow Trilogy and La Salle to further consolidate the campus’ high regard within the education sector and further solidify it as a premier destination for the knowledge economy.

Current D1 education and training occupiers at Republic include Global Banking School, The University of the West of Scotland, ARU London and the youth charity City Gateway. Republic’s aim is to provide a local ecosystem of education, training, start-ups and established businesses, centralising new talent and innovation in one creative campus.

Robert Wolstenholme, Managing Director of Trilogy, said: ‘The world of work is changing rapidly. It’s now more important than ever to create spaces which embrace imagination, creativity and innovation. The redevelopment of our East India campus highlights how powerful the synergy between community, wellness and technology can be in a workspace, and we’ve come along way in proving this with the Import Building. With the Export Building, we’re unveiling another level of opportunity for the knowledge economy to meet with the digital age and spark some amazing ideas.’

Laurence Jones, Head of Asset Management at Trilogy said: ‘It’s been an incredible journey so far, working alongside occupiers who not only complement and support each other but also creating a community which thrives on collaboration. With key players in the higher education world and some impressive start-up and established digital businesses, the Import Building has given Republic a strong identity based on knowledge and innovation. With a significant amount of space already let or under offer, I’m confident that the energy and talent we’ve seen flourish in Import Building will be not only replicated but enhanced at Export.

The Export Building, East India Dock – Building Information

• Completion date: July 2020 • Gross internal floor area: 232,480 sq ft • Architect: Studio RHE • Client: Trilogy Real Estate • Development Manager: Trilogy Real Estate • Fund Manager: LaSalle Investment Management • Project manager: Quartz Project Services • Structural engineer: Heyne Tillett Steel • Services engineer: GDM Partnership • Landscape consultant: Remapp • Acoustic consultant: Scotch Partners • Fire Consultant: MLM Group • Transport Consultant: Steer Group • Approved building inspector: JM Partnership (Surveyors) Ltd

Trilogy Real Estate LLP is a value-add developer and asset manager that works to unlock hidden potential and breathe new life into old buildings through rigorously considered and highly creative asset management strategies. Trilogy was founded by Robert Wolstenholme in 2015, who has more than 25 years’ experience in development, investment and asset management. The core team has been expanded with strategic hires for key positions including Head of Asset Management & Leasing Laurence Jones, who joined from Picton in late 2017 Trilogy is currently developing Republic – the next-generation affordable workplace campus in London’s East India Dock, and Manchester’s Great Northern Warehouse – one of the most significant regeneration opportunities in central Manchester.

LaSalle Investment Management is one of the world’s leading real estate investment managers with approximately $58.3 billion of private and public equity and private debt investments under management (as of Q4 2015). LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. LaSalle is a wholly owned, operationally independent subsidiary of Jones Lang LaSalle Inc. (NYSE: JLL), one of the world’s largest real estate companies. For more information please visit LaSalle

Republic is a 720,000 sq ft office development with retail and leisure amenities situated on a prominent 6.4-acre island site in the London Docklands. It is comprised of four office buildings with a maximum height of nine storeys that vary in size from 64,513 to 218,306 square feet. The floorplates across each building range from 13,000 to 28,000 square feet and benefit from natural light and attractive views across London. Republic’s location, directly accessed by East India DLR station in E14, anticipates the eastward migration of the creative and digital sectors and cultural institutions, such as the English National Ballet’s move to London City Island and Olympicopolis in Stratford, and enjoys a Zone 2 location and transport links which connects in minutes to the established business districts of Canary Wharf, the City and West End, as well as the cultural neighbourhoods of Stratford and Shoreditch. As the primary home of the London Internet Exchange and one of the main conduits for internet traffic from the US to Europe, the Docklands offers a digital hub alongside its strong cultural heritage – the grassroots Trinity Buoy Wharf has been host to local artist studios and cultural bodies since 1996.

Photography: Dirk Lindner

The Export Building on East India Dock, London images / information received 310820

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felishasheats · 7 years ago

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David Forster and Julien Polidoro acquire Coldwell Banker Homefield Realty

David Forster and Julien Polidoro have acquired Coldwell Banker Homefield Realty St. Marys. The established southern Ontario brokerage is in St. Marys, Ont. between London and Stratford.

[banner]

The post David Forster and Julien Polidoro acquire Coldwell Banker Homefield Realty appeared first on REM | Real Estate Magazine.

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tlzfcg · 7 years ago

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Transactions & Financings: Welltower’s $130 Million CCRC Acquisiton

Welltower Acquires CCRC in Florida for $130 Million

Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Journal.

The seller was Newton, Massachusetts-based REIT Senior Housing Properties Trust (Nasdaq: SNH).

Specifically, SPTMRT Properties Trust, an affiliate of Senior Housing Properties Trust, sold the property to Welltower Jefferson Propco TRS, a subsidiary of Welltower. In January, Welltower announced plans to purchase four CCRCs from Senior Housing Properties Trust for $368 million.

Stratford Court is currently operated by McLean, Virginia-based Sunrise Senior Living.

Radiant Senior Living Buys Memory Care Community in Nevada

Radiant Senior Living recently acquired the Arbors Memory Care community in Sparks, Nevada, for an undisclosed price.

Portland, Oregon-based Radiant, which was founded 2010, currently owns and operates 18 assisted living and memory care communities in Washington, Oregon, Montana, Colorado, and now, Nevada.

MidCap Closes Loan for Acquisition of Senior Living Community

Commercial finance firm MidCap Financial recently closed a transaction with Palatine Capital Partners Management, LLC, a principal investment company that concentrates on small and mid-cap real estate assets.

The approximately $9 million floating rate first mortgage loan facilitated the purchase of a purpose-built, 145-unit assisted living and independent living community in the Southwestern U.S. The financing will allow Palatine to implement a $2.5 million capital improvement plan to renovate the community’s exteriors, unit interiors and common areas.

Ziegler Closes $14.7 Million Portfolio of HUD Refinancings in California

Chicago-based speciality investment bank Ziegler recently announced the successful closing of $14.7 million of senior living refinancing transactions via the Section 232/223(a)(7) HUD Mortgage Insurance Program by Ziegler Financing Corporation (ZFC), the FHA-insured mortgage lending arm of Ziegler.

Oakdale Heights of Redding, a 60-unit standalone assisted living community, and Sierra Oaks of Redding, an 85-unit assisted living and memory care campus, are both located in Redding, California. The communities had about $14.1 million in outstanding Section 232/223(f) HUD mortgages that were originally financed in 2014 at interest rates in the mid-4s by a different HUD lender.

ZFC recommended refinancing the existing debt under HUD’s Section 232/223(a)(7) program to enable both assets to lower their debt service by locking low, long-term fixed interest rates while at the same time extending the maturities of the loans to 35 years.

Blueprint Arranges Sale of Two Arizona Assisted Living Communities

Blueprint recently announced the successful sale of a 50-unit assisted living community in Peoria, Arizona that had been vacant since 2008, as well as the sale of a 50-unit assisted living community in Mesa, Arizona, that had been vacant since 2013.

The seller of both properties was looking to divest. A different buyer purchased each community.

The buyer of the Peoria community is an established regional owner-operator, according to Blueprint. The buyer of the Mesa property is a growing behavioral group that plans to transform the asset into a drug treatment center.

Blueprint’s Amy Sitzman handled both transactions.

Ziegler Closes $94.3 Million Refinancing of Board & Care Community in Florida

Chicago-based specialty investment bank Ziegler recently announced the closing of the $94.34 million refinancing of a not-for-profit client in Florida—the Village at Gainesville—by Ziegler Financing Corporation (ZFC), the FHA-insured mortgage lending arm of Ziegler.

The loan represented the largest refinance of a single-asset senior housing community in HUD’s portfolio.

The Village at Gainesville has 639 units, 511 of which are unlicensed independent/board and care and 128 of which are licensed assisted living/memory care.

Specifically, ZFC recommended refinancing the outstanding tax-exempt bonds with the FHA Section 232/223(f) program to enable the community to lower its debt service by locking in a 35-year, fixed interest rate of less than 3.5%.

Blueprint Arranges $19 Million Sale of Senior Living Community in California

Blueprint recently announced the $19 million sale of Healdsburg Senior Living Community, a 110-unit assisted living, memory care and skilled nursing community in Sonoma County, California.

The name of the buyer was not disclosed, though the buyer was identified in a global private real estate investment company with a large national senior housing portfolio, according to Blueprint.

The transaction was led by Blueprint’s Christopher Hyldahl and Mario Wilson.

Cushman & Wakefield Arranges Sale of 115-Unit Senior Housing Community in Oregon

Cushman & Wakefield Senior Housing Capital Markets recently arranged the sale of Quail Park of Klamath Falls, a 115-unit independent living, assisted living and memory care community in Klamath Falls, Oregon. The buyer was Irvine, California-based MBK Senior Living, which will now manage the community.

The purchase price was undisclosed.

Cushman & Wakefield exclusively represents senior housing developer Morningside Development and West Coast-based senior housing owner and operator Living Care Lifestyles, and both companies were involved in this specific transaction.

The Cushman & Wakefield team involved in the deal included Executive Managing Director Richard Swartz, Senior Director Aaron Rosenzweig, Executive Director Jay Wagner and Associate Caryn Donahue.

ESI Arranges $14.5 Million Sale of Senior Housing Community in South Carolina

Evans Senior Investments (ESI) recently arranged the $14.5 million sale of The Willows of Easley, a 100-unit independent and assisted living community in Easley, South Carolina. The seller was an independent owner/operator, and the buyer was a private equity firm based in Chicago.

At the time of the sale, The Willows averaged 96.1% occupancy, was 100% private pay and posted a 35.8% EBITDAR margin in the trailing 12-month period.

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