Effectively managing market volatility requires the proactive deployment of financial strategies

Effectively managing market volatility requires the proactive deployment of financial strategies Market volatility necessitates proactive financial strategies. Apartment operators can address rising expenses in various ways. The multifamily industry experienced record annual growth in revenue, expenses, and net operating income last year, driven by the highest inflation rate in a generation. This underscores the vulnerability…

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Understanding Assumable Loans

Understanding Assumable Loans An assumable loan allows a new property buyer to inherit the seller’s loan. Essentially, when a commercial property is sold, the buyer can step into the seller’s shoes and take over the existing loan. However, it’s crucial to understand that not all loans are assumable, and many come with specific conditions for…

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Securing Assets and Enhancing Investments in Commercial Real Estate: A Strategic Guide

In today’s economic climate, navigating the commercial real estate market might seem like sailing through rough seas. With increasing borrowing costs, sluggish rent growth, and persistent inflation, many investors feel lost amidst the turbulent market waves. But even in such challenging conditions, the proper guidance can help an investor chart a successful course. Enter Sweetwater…

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“Build-to-rent” (BTR) communities experiencing a significant surge

As the housing market faces a scarcity of available homes, and rental prices soar, both potential homebuyers and renters are finding it increasingly challenging to secure suitable housing. In response, home builders and investors have introduced the concept of “build-to-rent” (BTR) communities, also known as single-family rentals. According to U.S. News, the BTR sector is…

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Fannie Mae Commercial Loans For Multifamily Properties

What Are Fannie Mae Multifamily Loans? Fannie Mae Multifamily has served as a dependable funding source for multifamily property investors for over thirty years. Leveraging Fannie Mae’s Delegated Underwriting and Servicing (DUS) model offers a streamlined avenue to secure financing for property acquisitions. The organization presents a range of options for apartment and multifamily financing,…

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Increasing Insurance Costs Could Lead to Apartment Sales and Threaten New Construction

Increasing Insurance Costs Could Lead to Apartment Sales and Threaten New Construction Apartment owners have faced significant cost increases over the past year, including property taxes, utility, and labor costs, and increased insurance costs. These costs could make owning an apartment unsustainable, as some owners may be forced to sell their properties. Insurance price hikes…

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When Developers Stop

When Developers Stop Developers are visionaries; whose sole focus is transforming fields and rundown buildings into stunning, magnificent structures. They visualize alluring apartment communities, sleek skyscrapers, retail center villages that cater to the many, state-of-the-art storage facilities, and luxurious hotels. Across all commercial asset types, developers are looking to be the creator of the next…

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NEWSLETTER: May 2023

  FOR SALE: Cumberland Park TownhomesRead MoreEffectively managing market volatility requires the proactive deployment of financial strategiesRead MoreUnderstanding Assumable LoansRead MoreSecuring Assets and Enhancing Investments in Commercial Real Estate: A Strategic GuideRead More“Build-to-rent” (BTR) communities experiencing a significant surgeRead MoreFannie Mae Commercial Loans For Multifamily PropertiesRead MoreIncreasing Insurance Costs Could Lead to Apartment Sales and…

FOR SALE: 72+ acres in Burlington, NC

LAND FOR SALE: 72+ acres in Burlington, NC INVESTMENT SUMMARY • Six separately deeded parcels totaling 72.48 acres.  • Visibility with frontage on I-40/85 makes this an excellent development opportunity. After re-zoning, the site is open to an abundance of possibilities such as multifamily, hotel, retail, and mixed-use development. Annual Average Daily Traffic along Highway…

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CoStar Power Broker Award

We’re honored to be recognized by CoStarUS as a CoStar Power Broker Top Firm winner for 2022! CoStar analyzed and measured our firm’s transactions for 2022 against all active brokerages in our market to identify Sweetwater Capital as a CoStar Power Broker Firm Sales winner! And a big congratulations to one of our brokers, Windy…

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FOR SALE: Azalea Gardens Apartments

Azalea Gardens Apartments consists of 11 buildings and 90 units, built in 1970, and currently at 100% occupancy. There are 40 1-bedroom units, and 50 2-bedroom units with an average of 822 SF. The community features a sizeable pool and lounge area, small playground, laundry facilities and on-site maintenance and property management. Azalea Gardens is…

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FOR SALE: Park West Apartments

FOR SALE: Park West Apartments Park West Apartments consists of 13 buildings and 104 units, built in 1987, and currently at 98% occupancy. There are 16 one-bedroom units, and 88 two-bedroom units with an average of 894 SF. The community features a sizeable pool and lounge area, playground, laundry facilities and on-site maintenance and property…

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FOR SALE: The Crown Apartments

Crown Apartments consists of 3 well-maintained buildings and 60 turn-key units. There are 24 one-bedroom units, and 36 two-bedroom units with an average of 943 SF. The community features a sizeable pool and lounge area, abundant yard space and on-site maintenance and property management. Crown Apartments are located just off Western Boulevard where residents are…

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2023 Multifamily Outlook: Cautiously Optimistic

Despite the forecasted recession, most seemed cautiously optimistic, and projections were far from dire. Our own observations of the multifamily market align with this perspective. There is still capital looking to invest in commercial real estate, and multifamily remains a front-running investment choice. The increased cost of ownership for single-family homes, coupled with a nationwide…

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NEWSLETTER: November

PORTFOLIO – 3 PROPERTIES Jacksonville, NC – 254 units PROPERTY WEBSITE LAND – 8 ACRES 2228 Applebury Lane Fayetteville, NC PROPERTY FLYER GREEN VALLEY Fayetteville, NC 45 units PROPERTY WEBSITE HAYMOUNT COURT Fayetteville, NC 32 units PROPERTY WEBSITE     LANDMARK APARTMENTS Fayetteville, NC – 128 units $14,150,000 LAKESHORE GRANDE APARTMENTS Fayetteville, NC – 60…

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NEWSLETTER: October

Open email online FEATURED LISTINGS WESTBROOK PORTFOLIO Multifamily 2 properties, 77 units Fayetteville, NC CLICK HERE CHURCH STREET APARTMENTS Multifamily 64 units Hope Mills, NC CLICK HERE Click here for all properties   RECENT TRANSACTIONS SOLD! Regency Luxury Apartments $27,200,000 Units: 186 Year Built: 1996 Fayetteville, NC LOAN CLOSING! Seller & Buyer Finance Representation Waters…

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CASE STUDY: Kirkwood Place Listing

THE PROPERTY Kirkwood Place is a modern mixed-use property consisting of upscale apartments and Class A commercial space. Completed in 2017, the property provides residents with a sophisticated experience and a generous selection of amenities, including a lounge, coffee bar, and 24-hour fitness center. A short eight-minute drive from Downtown Greensboro, Kirkwood Place is located…

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CASE STUDY: Keystone Apartments

  THE PROPERTY The Keystone Apartments are a 202-unit garden-style multifamily complex in Fayetteville, NC. Built in 1974, the property comprises 24 buildings on a secluded 19-acre lot conveniently located adjacent to the Skibo Road Corridor. Less than 6 miles from Fort Bragg, an Amazon fulfillment center, and the Cape Fear Valley Hospital, the property…

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CASE STUDY: Bull Run Apartments

  THE PROPERTY The Bull Run Apartments are a 13-unit garden-style complex in Fayetteville, NC. The 2.79-acre four-building community was built in two phases, with the first two buildings completed in 1978 and the last two in 1989. Nestled in a quiet residential neighborhood, the property is nine miles from Fort Bragg and minutes from…

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CASE STUDY: Wyndfall Apartments

  THE PROPERTY Wyndfall Apartments are a 56-unit garden-style complex in Hope Mills, NC. The 5.15-acre seven-building community was completed in 1998 and is nestled in a quiet residential neighborhood. The property offers all 2-bedroom units, each with approximately 1,280 square feet of living space. Located within the Fayetteville MSA, Wyndfall Apartments are 15 miles…

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