REAL ESTATE TECHNOLOGY
RealFoundations | June 03, 2022
RealFoundations, one of the world's foremost providers of consulting and managed services for the real estate industry, announced the launch of its new Investor Sector Practice Group, which aims to help investors and investment managers elevate their real estate assets and drive improved returns.
Investors and investment managers are challenged by insufficient modeling capabilities, unstructured information sharing, limited technology integrations and the inability to report portfolio performance quickly, accurately, and with consistency across various metrics. RealFoundations' Investor Sector Practice Group provides a forum for industry leaders to openly discuss the pain points, technologies, and leading practices that span business functions such as Capital Management, Fund and Portfolio Management and Accounting, Asset Management, and Property Operations, Development, Enterprise Strategy, and Governance.
The Practice Group and its Advisory Panel, comprised of passionate real estate professionals with significant experience in the Investment Management sector, focus on designing an industry-leading model that enables investment managers to effectively:
Monitor performance across their portfolio from underwriting through disposition,
Report portfolio diversification across various metrics,
Measure and monitor all leases and leasing activity across their portfolio,
Analyze debt exposure by fund, asset, and lender,
Respond to internal and external ad-hoc inquiries using readily available applications and data, and
Forecast and model portfolio performance based on various scenarios.
With over 200 years of combined experience transforming the way investors and investment managers work across North America, Europe, and Asia Pacific, RealFoundations has delivered actionable insights to the top 5 ranked firms, as well as 13 of the top 25 ranked firms, recognized by IPE Real Assets in their top 150 Real Estate Investment Managers list.
Our Investor Practice Group partners with real estate firms to implement improved decision-making capabilities which ultimately leads to greater portfolio returns. Our practitioners have years of experience in the real estate investment sector which enables us to quickly evaluate companies' operating platforms and recommend enhancements to streamline efficiency and increase profitability."
Brent McFerren, Enterprise Managing Consultant, RealFoundations
The Investor Sector Practice Group levers RealFoundations' long-running relationships with organizations such as IREI, NAREIM, NCREIF and PREA, along with its accumulated expertise and foremost knowledge of leading practices and technologies to offer value-add problem-solving strategies to the industry, furthering its mission to make real estate run better.
RealFoundations is the world's foremost professional services firm focused solely on the real estate industry. Through our delivery of Management Consulting and Managed Services, we help companies that develop, own, operate, service or invest in real estate make better, more profitable decisions. We are proud partners to over 450 real estate companies around the globe, providing accelerated solutions that solve some of real estate's most complex challenges. We Make Real Estate Run Better.
Capital Square 1031 | February 09, 2022
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced today the acquisition of a new purpose-built medical office building and surgery center in Yuma, Arizona. The property was acquired on behalf of CS1031 MOB AZ II, DST, a Reg. D private placement investment offering, in an all cash/no debt offering.
Medical facilities such as this are some of the most desirable assets in the nation, The icing on the cake -- this facility is newly constructed, with a 15-year triple net lease to a strong regional medical group that is growing rapidly. Capital Square believes that this investment will generate stable cash flow, growth and appreciation over the holding period for investors who seek an all cash/no debt investment."
Louis Rogers, founder and chief executive officer.
Located at 2145 W. 28th St., the facility was constructed in 2021 for Comprehensive Integrated Care, which executed a 15-year, triple-net lease that is personally guaranteed by the founding physician. The lease includes two five-year extension options.
The facility is situated in Tuscany Plaza, Yuma's premier medical and professional center. Tuscany Plaza houses more than two dozen specialty medical providers and is approximately one mile from the 406-bed Yuma Regional Medical Center.1
Comprehensive Integrated Care (CIC) was founded in 2013 and has expanded to offer 10 treatment centers located in Arizona, Nevada, Utah and New Mexico. CIC features a team of endovascular and vein specialists partnering with cardiologists and primary care doctors to provide minimally invasive procedures when traditional surgery is not an option.
This property is leased to a strong tenant that has been expanding its practice to now include 10 treatment centers – another of which was acquired earlier this year by Capital Square for DST investors, Healthcare-related real estate assets such as this are attractive investment opportunities due to the compelling demographic shift that is underway in this country, with a ballooning senior population that is demanding ever-greater medical care that is increasingly being provided via out-patient facilities like those Capital Square acquires on behalf of its investors."
Whitson Huffman, chief strategy and investment officer.
Since its founding in 2012, Capital Square has acquired 146 real estate assets for over 3,800 investors seeking quality replacement properties that qualify for tax deferral under Section 1031 of the Internal Revenue Code and other investors seeking stable cash flow and capital appreciation.
About Capital Square
Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges and qualified opportunity zone funds for tax deferral and exclusion. Since 2012, Capital Square has completed more than $4.5 billion in transaction volume. Capital Square's executive team has decades of experience in real estate investments. Its founder, Louis Rogers, has structured hundreds of investment offerings totaling in excess of $5 billion. Capital Square's related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for a growing number of high net worth investors, private equity firms, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for five consecutive years. Additionally, in 2021, the company was ranked 101st on the list of Inc. 5000 Washington D.C. Metro's Fastest-Growing Private Companies. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense's list of fastest growing companies. Capital Square was listed by Virginia Business on their "Best Places to Work in Virginia" report in 2019 and 2021 as well as on their "Fantastic 50" reports in 2019 and 2020.
Pacaso | November 15, 2021
Pacaso, the leading real estate platform that helps people buy and co-own a luxury second home, today announced that it has expanded its service to Jackson Hole, Wyoming. The company listed its first property in Jackson alongside plans to support the Community Housing Fund and Teton Habitat for Humanity.
"Jackson Hole's majestic beauty coupled with its wide array of year-round outdoor recreational activities has made it a highly desirable location for second home buyers, many of whom are looking to enjoy their newfound remote work flexibility from the mountains. As in many mountain towns, this demand has increased the strain on housing inventory needed by the workforce. Pacaso offers a better way; co-ownership empowers buyers to uplevel their focus toward luxury properties, and away from lower price points."
- Pacaso Co-founder and CEO Austin Allison
For 2022, Pacaso will be supporting the local Community Housing Fund with an upfront donation of $10K and an ongoing donation of $5K for each home Pacaso purchases. The company will also appeal directly to the sellers' agent to match its giving for each home and partner with Fund leaders to encourage others in the real estate community to give. Pacaso will also donate lightly used furniture and home goods from the acquisition of new homes to Teton Habitat for Humanity.
"I am delighted Pacaso has chosen to proactively participate in the Community Housing Fund. Broad-based, sustained participation from the real estate community is critically needed to support our community members facing housing insecurity. I look forward to partnering with Pacaso to grow this fund's impact."
- Devon Viehman, Associate Broker of the Viehman Group.
Pacaso partners with all interested real estate agents and brokerages in markets where it operates. Real estate agents representing buyers who purchase a share of a Pacaso home receive a 3% referral commission in addition to 500 RSUs of Pacaso stock as a referral equity bonus. Agents in Jackson Hole who are interested in working with Pacaso can learn more on the company's website.
Pacaso's first listing in the area is a contemporary five-bedroom home situated atop the ridge of Spring Creek with sweeping views of Sleeping Indian Mountain and the Grand Tetons. The home was designed by Ward Blake architects.
Pacaso® (pronounced like "Picasso") modernizes the decades-old practice of co-ownership by creating a marketplace that makes buying, owning, and selling a luxury second home easy. From curating the best listings in top second home markets to offering integrated financing and sales from as little as ⅛ to as much as ½ ownership; upscale interior design; and professional property management, Pacaso provides owners with all the benefits of owning a second home with less hassle. After purchase, Pacaso manages the home on an ongoing basis and supports a frictionless resale process in partnership with a licensed real estate professional.