Invest like the Patriots
As a Boston based company and avid Boston sports fans we would not be “doing our job” if we didn’t discuss the New England Patriots winning their 5th Super Bowl since 2001 earlier this month. While naysayers (and Jets fans)…
Secondary Cities: Rise of the Rest
Steve Case (co-founder of AOL) wrote that in 2014, three quarters of all venture dollars flowed to just three states: California, New York, and Massachusetts. Case mentions that during the second wave of the Internet, which spanned from 2000 to…
21 George Investors Looking into 2017
As 2016 comes to an end, the transition into the New Year is always a good time to set business goals (and personal goals too!). Will your resolutions make it through to at least January 31st and help you take…
21 George November 2016 Update
Completion of a reposition… About half of 21 George Investors’ assets have been repositions, some being more aggressive than others and all in various stages of the reposition process. At the end of Q2 2016, we stabilized one of our…
Notes to The Family Office Real Estate Summit
At the end of last month, 21 George Investors made it to Manhattan for The Family Office Real Estate Summit. In attendance were many top players in the industry including, family office executives, institutional and private money investors, investment fund…
Benefits to Investing in Tangible Assets
While the outcome of broader financial investments rely solely on market appreciation (or lack thereof) influenced by uncontrollable global economic trends, investing in tangible assets (in this case multi family real estate) gives operators much more control over the outcome…
Creating Value by Analyzing Data and Demographics
Location. Location. Location. You will know a good neighborhood when you see it, right? The challenge is, how can you predict a good neighborhood years before it is there? This past week we heard demographer Scott Stafford speak about the…
Multi-Family Real Estate: Offering stability in an uncertain market
Multi-Family Real Estate: Offering Stability in an uncertain market is Essential to your investment portfolio. When it comes to investing, diversity is critical. The fluctuations of the market so far in 2016 can give you indigestion and also threaten your…
21 George RE Investment Company New Acquisition
Deerfield East Hartford Properties Investment Highlights Purchase Price $1,200,000 Debt $937,750; 3.75 interest rate Occupancy 100% Value Adds Implement superior asset management; increase below market rents. Hold Period 5 Years Location East Hartford, Connecticut Property Details 24 unit; 6 buildings…
Multi-Family Real Estate: Rent Growth and Sub Markets
Multi-Family Real Estate: Rent Growth and Sub Markets With rent growth picking up where it left off in 2015, real estate analysts are bullish 2016 will be another year of above average multifamily rent growth. However, they also agree that…