Investment Strategy

There are any number of reasons to separate from a real estate partnership. One partner may need to free the capital for other purposes – such as retirement or education funding. The investment’s performance may not be living up to expectations. The property owned by the partnership may require more upkeep, maintenance, or repair than anticipated, or management responsibilities may be proving burdensome.

With sales numbers in for the first three quarters of 2017, it has given us an opportunity to look back over the year to make and share some insights into the market. Overall, across all of New York City, 2017 sales volume is down approximately 40%.

It's not what you make, it's what you keep. While helping New York City owners buy and sell investment properties, the ultimate objective is very clear: either improve cash flow or increase appreciation. Becoming more tax efficient is a very important part of that strategy. This month, I have asked Rob Rahner from Cost Recovery Solutions to explain cost segregation and why it's beneficial for New York City multifamily owners.

Stock market trading activity is very low. According to a WSJ article because the economy is not too hot, and not too cold, investors are acting as if the best move is not to make any move at all. In the world of investing, is holding cash (and not investing) a good investment? For NYC multifamily, after the pricing peak in late 2015 and subsequent transition (where prices declined between 5-8%), pricing has been somewhat flat in 2017. Multifamily investors are asking the same question: what is the right move…

The selection of an asking price can cause a lot of confusion among sellers, their brokers and buyers. Using an appropriate asking price is a huge strategic advantage for sellers, and requires navigating topics like trust (are they truly representing me?), competency (do they know the market?) and capability (can they get it done?) with your broker. Therefore, it can often seem like the interests of the seller and broker are not aligned. I can recall a time when Rose, an elderly widow, forced me to price her $30MM Brooklyn…

Recently I was asked by a New York City property owner why so many of our clients sell their New York apartment buildings and buy triple net (NNN) properties? While I encounter individuals who would never make this transition, for those that do, there are consistent patterns in their thinking. They want the same things: less complexity, more free time, and increased cash flow. What we are really looking at here is something called the "return on equity" (ROE). Simply defined, your return on equity can be found by dividing…

Brexit and Rent Guidelines 0% Vote, What Does It All Mean? 2016 has turned out to be a year of mixed signals. Some promote new investments, and others expose future risks.

After an uncertain start to 2016, distinct investment trends are taking shape as we enter the second quarter. The performance of different real estate is varying depending on the asset type.

As expected, 2015 was a record-breaking year for the investment sales market. The dollar volume traded was the highest in the city’s history and many transactions (like Stuy Town)