Urban Bay Housing Fund

DEALS IN UNDERWRITING - October 2021.
From the desk of Angelique Blake - Urban Bay Broker:

Angelique is working with a construction completion refi multifamily with retail development. The property is a 120,000 SF center which is a huge development that has experience in this sector and has other developments like this in the same area. The project amount is $35M.

DEALS IN UNDERWRITING - September 2021.
From the desk of Jason Sandusky - Urban Bay Broker:

A commitment to close has been issued to our partners finalizing the deal for an apartment complex. This deal includes the rehab of the student housing project where our initial loan request was $27M and the Urban Bay Housing Fund was able to fund them at $29M.

As most people know Commercial Real Estate market is under the huge influence after the global pandemic. As businesses open again, owners are being forced to make tough decisions, such as whether or not they should continue to rent office space.

Below, you can 8 main trends that might affect the investment and real estate market in 2021 and beyond, and how you as a potential or current investor can prepare.

1. Higher Demand

The commercial real estate market will continue its growth for the next half of the year fueled by low lending rates and inflationary pressures. Owners of investment property will try to cash out while the markets are hot. Demand for investments properties will continue to rise in the secondary markets as investors are looking for high yields.

2. Increased Office Vacancies

For most offices, the main question is the lease renewals. Unemployment is still up even though the economy is coming back slowly. People in most states are working from home which makes them relocate. It is most possible that the majority of stable companies will renew their leases but swap them for smaller space requirements which will increase vacancies in many areas.

3. More Demand And Less Supply

There is more demand for commercial investment properties than ever before with less supply. High-net-worth people are buying real estate to fudge against inflation and take advantage of the low-interest rates. However, the main focus right now is on commercial properties due to the scarcity of residential properties which leads to more competition for investment opportunities.

4. Greater ESG Impact

One of the most primary factors is the influence of environmental, social, and governance ( also known as ESG) on the market. It is impacting the tenants, the space they want to rent, and their eagerness to go back to the office. It is affecting access to capital markets to increase equity and debt.

5. Steady Increase In Capital

The availability of capital is one of the most important aspects that has kept specific commercial real estate sectors thriving through the pandemic. History shows that in past recessions, there was a lack of capital. During the pandemic recession, there was an abundance of available capital for particular types of investments including industrial, multi-family, self-storage, and health science real estate.

6. Inflation

If inflation continues to remain high or even grows further, the Fed will be enforced to act and increase rates. It has not been determined yet whether the raised inflation nowadays is temporary or is here for the near future. It is possible the supply chain issues will work themselves out and make inflation go down, but it is still unclear.

7. Shifting Tenant And Resident Expectations

There are shifting tenant and resident expectations for commercial real estate. As consumers expect the same customer experiences that they used to get from familiar food delivery apps or stores, commercial real estate leaders will have to accommodate to meet those expectations. This will empower groups that adapt faster to stand apart from the rest, requesting greater market share and premiums.

8. Retail May Suffer

Most likely post-Covid office building space may grow as companies adopt a flex work program. The building vacancies will increase due to the lack of need for large spaces to house employees. Retail in some specific areas will suffer as fewer office workers bring fewer people to restaurants and shops in business areas.

What Is the Difference Between Residential and Commercial Real Estate?

At Urban Bay Housing Fund you can find experts in commercial real estate.

Residential real estate agents help you buy and sell homes, while commercial real estate agents help with managing the retail, office, industrial, land, and hospitality buildings. A commercial agent assists their clients with looking for a perfect space for their business or leasing or selling their building or finding the land to build on. They also work with developers that purchase land or previously owned buildings and help them develop the spaces with retail, office, multifamily, or hospitality space.

Needless to say, commercial real estate agents negotiate terms on their clients’ behalf, whether it is rent, needing building accommodations for a new space, or reviewing comparables to make sure their clients are getting the best purchase or rent price. There is plenty of complexness in commercial real estate that needs to require an expert’s help.

At Urban Bay Housing Fund we have decades of experience in every field of commercial real estate. You can be assured that each of our loan consultants is dedicated to their clients and is continually monitoring the market in each area to get you the best price for your business ventures.

Most people have heard about how the commercial real estate market is booming in southern states, especially in Florida.

Even though commercial real estate historically lags behind residential real estate by 12 to 18 months, it is still a very desirable and hot market. Needless to say, the price of commercial real estate reducts slower than residential real estate.

Commercial real estate took that big after the COVID-19 pandemic, so it is a great idea to invest in commercial space if that is something you wanted.

The easiest way to start your real estate investment way is to find a trustful fund that can assist you and find a better rate.

Leave your loan request on Urban Bay Housing Fund’s website so we can contact you as early as possible.

https://urbanbayhousingfund.com/applynow/

urbanbayhousingfund.com

When you find out you CANNOT REFINANCE a FIFTEY MILLION DOLLAR - $50M real estate portfolio. 💸 😱

https://youtu.be/O3WY8D7DFyM

Why it’s Hard to Finance Mobile Home Parks | Urban Bay Housing Fund - Caleb Walsh Caleb Walsh discusses issues with weird property types and Bank financing. Urban Bay Housing Fund is a Tampa-based privately held investment firm founded in ...

DEALS IN UNDERWRITING - September 2021.
From the desk of Jason Sandusky - Urban Bay Broker:

$6.2M funded for refinancing of land in preparation for new 60+ development in the emerging market.

DEALS IN UNDERWRITING - September 2021.
From the desk of Mathew Carver - Urban Bay Broker:

230 room IHG hotel with over 8,000 sq ft of meeting and event space, and a restaurant.
The property is owner-operated who just put 8 million of capital improvements into the property and wants to refinance the current note and cash out on as much equity as he can to put unto other projects.

Urban Bay Housing Fund is giving him 70% LTV which includes a refinance of 13 million and a cash-out of approximately 7 million.

DEALS IN UNDERWRITING - September 2021.

From the desk of Mathew Carver - Urban Bay Broker:

This is a retail property that has been in foreclosure since 2019 and has just entered chapter 11 bankruptcy.
Urban Bay Housing Fund is offering DIP financing and providing a loan of 8 million which is 70% LTV.

DEALS IN UNDERWRITING - September 2021.

From the desk of Mathew Carver - Urban Bay Broker:

77-acre vacant resort with 5 lots. It is planned that the resort will be developed into a multi-family/mixed-use property.
Urban Bay Housing Fund is providing the refinancing of 22 million with an additional 3 million for an interest reserve and 2 million for predevelopment costs.

Commercial Lending 101 - Caleb Walsh teaches Urban Bay Originators

Commercial Lending 101 - Caleb Walsh teaches Urban Bay Originators Caleb Walsh shares with a team of new brokers how the commercial lending industry works, bridge financing, how he originated his first deal and 5 terms every...