PropTech Connect’s Post

More interesting M&A news in proptech-land today. This time around, its Mynd looking to merge with Roofstock. This makes a ton of sense to me - two tech-enabled single family rental investment and management platforms coming together, especially given existing macro factors (higher interest rates, declining home buying). #proptech #singlefamilyrental #merger

Arrow Global Germany GmbH ('Arrow Germany'), a subsidiary of Arrow Global Group Limited, a leading vertically integrated alternative asset manager specialising in credit and real estate, today announced the acquisition of the operating platform and assets of Interboden GmbH & Co KG and certain subsidiaries (‘INTERBODEN Gruppe’), a leading real estate business in Germany. This acquisition builds strongly on Arrow’s servicing footprint in Germany and provides the operational capabilities to expand real estate servicing and equity investment opportunities across the region. Zachary Lewy, Founder, CEO, and Chief Investment Officer at Arrow Global, highlighted the strategic significance of the acquisition: "Interboden's capabilities provide Arrow with immediate scale and presence in one of Europe's largest real estate markets. Our opportunistic real estate strategy focuses on acquiring assets with substantial value-add and repositioning potential. This acquisition, for a minimal outlay, is perfectly aligned with our objectives and leverages Interboden’s deep local expertise." #privatecredit #privatedebt #alternatives #realestate #assetmanagement Read the full press release here https://bit.ly/455SnhK

🚨 But why? This makes sense given the ‘higher for longer’ environment the real estate industry finds itself in. Mynd most likely needs balance sheet cash, and Roofstock’s opportunistic raise in 2021 suggests they are well positioned here. Roofstock needs efficient, recurring revenue, given that the acquisitions environment has really dried up. Mynd has doubled down on refining their property management revenue. Two talented teams trying to survive.  Rivals, though?  That’s a bit of clickbait.  The industry is hard enough without rivals. #realestate #proptech https://lnkd.in/giD8KEJn

Ivan Barratt is a multifamily owner, manager, and syndicator who specializes in large apartment communities in the Midwest. Since 2015, Ivan Barratt has raised nearly $400 million in equity, acquired over 6,300 units, and managed over $1 billion in transaction volume. His company, The BAM Companies, has grown to a best-in-class, six-time Inc5000, private equity, and management firm. Today, Ivan focuses his time on equity finance, acquisitions, and company strategy. Join our conversation with Ivan Barratt as he shares insights on maintaining a strong company culture, nurturing a competent team, marketing and raising capital, and the importance of delivering value   Ivan shares…   ●      Why navigating through economic downturns requires grit, ingenuity, and strong company culture ●      The importance of hiring a team that complements your skills and the development of core values that guide decision-making processes. ●      The philosophy of continuous improvement (kaizen) as a guiding principle for long-term success. ●      Innovation, learning, and adapting to changing circumstances as essential elements for sustained growth. ●      And so much more! 🎧 Listen to the entire episode here - https://lnkd.in/gkDjqHJ8 #innovation #companyculture #realestate #bulletproofcashflow

Exciting News from SGFusion Living & Blackfish Investments! We are thrilled to announce the merger of SGFusion Living and Blackfish Investments to form Blackfish Companies – your all-inclusive partner in investment and property management of multifamily and student housing. This union marks a milestone in our journey to redefine real estate services, blending over 40 years of unmatched experience in development, acquisitions, asset management, and property management. We will now be offering our property and asset management services to outside companies. The Blackfish Philosophy When it comes down to it, we have one major goal. That is, taking care of our clients. These include residents and investors which one might think have conflicting interests… not us. Through the years we have found that taking care of our residents takes care of our investors. You see, when residents love where they live, they stay. they pay their rent on time and are even willing to pay a higher rent in order to stay. Happy residents will also invite their friends creating a community that is well-connected with higher retention. These factors increase income, decrease vacancy, and decrease expenses providing fantastic returns to our investment partners. A New Era in Real Estate Blackfish Companies stands at the forefront of real estate innovation, from the initial spark of development and construction to the strategic acquisition of properties. We excel at breathing new life into spaces through value-add initiatives and innovative repositioning projects. Having owned and operated assets nationwide for decades, our legacy is one of profound impact and visionary leadership. Your Nationwide Partner in Growth Our ambition knows no bounds as we continue to seek out existing and developmental multifamily projects across the country. At Blackfish Companies, we believe in the power of partnership and innovation to create spaces that not only meet the evolving needs of communities but also exceed expectations. Reach out to discuss how we can collaborate to bring your project to life. #BlackfishCompanies #RealEstateInnovation #PropertyManagement #Development #MultifamilyHousing #RealEstateAcquisition #Partnership #Growth #NewBeginnings

Meet our divisions! 🏡👇 🧱JOINT VENTURE PROPERTY DEVELOPMENTS: The Joint Venture Developments combines the skills of our planning and construction teams to deliver projects. From planning, through to breaking ground and finally to sales our development division oversee the entire process. 🔑JOINT VENTURE PROPERTY MANAGEMENT: The Joint Venture Property Management team focuses on land and acquisitions. The division’s aim is to add properties of long term value with strong income potential over many years, we aim to build a long term portfolio providing income. Find out more at https://lnkd.in/eRRZzwhC #propertymanagement #propertydevelopment #JointVentures #PropertyInvestment #Investments #PropertyDevelopment #Investment #realestate #property #investment #propertyinvestor #propertyforsale #realestateagent #realestateinvesting #realestateinvestor #propertyinvesting #home #properties #realestateinvestment #forsale #propertymarket #interiordesign #ukproperty #dreamhome #investing #luxury #luxuryhomes #southlondon #kent #southeastengland

Location Location Location This flat in Greenwich sold on Monday after a long drawn out sales process. Felt weird as I’m used to holding stock to house people and this little gem was right near the Royal park. When you’ve got Joint Venture partners on a deal be clear what your exit is. You may all start off on the same page but by the end of the project depending on individual needs, experience, the economy, the market - end up on totally different pages. Set out that Plan A, B and C from the off. Luckily all is well that ends well. #propertyinvestment #jvdeals #propertymentor

Sirius Real Estate (LSE:SRE, JSE:SRE, OTC:SRRLF) has notarised the €13.75 million (£11.73 million) acquisition of a German business park in Klipphausen, near Dresden, together with an adjacent land parcel, funded from the proceeds of last November's €165 million capital raise.  It represents the third asset to be acquired by Sirius in Germany this calendar year, and the sixth asset to be acquired across both Germany and the UK in recent months. Sirius acquired the site from a corporate owner-occupier who plans to vacate the building, which is expected to be six months after deal completion. In order to allow a smooth departure from the property, Sirius has granted the vendor a six-month lease, which can be extended by two months at their option, in return for a rent of €200,000 per month. More at #Proactive #ProactiveInvestors #LSE #JSE #OTC #SRE #SRRLF #Germany #businesspark http://ow.ly/sG1w105k7qn

Without a doubt, the most resilient and performing segment- rental housing in the US.

The January announcement that Blackstone has acquired Tricon Residential for $3.5 billion, which was topped with another announcement earlier this month about acquiring AIR communities for $10 billion, created an evident industry buzz. This hasn't only confirmed Blackstone's commitment to the US rental market but underscored the sector's potential as a robust investment avenue. Today, we've seen Blackstone further increase their stake by billions, a strong signal of the multi-family sector's appeal and stability. From Electra Real Estate's perspective, these developments align with our long-held belief in the value and resilience of Single-Family-Rentals and Multifamily investments. Amit Perry our head of Multifamily and Single-Family-Rentals division: "Watching these strategic acquisitions unfold only strengthens our belief in the residential rental market's growth. They affirm our strategy to seize these opportunities, highlighting the market's robustness and resilience. Blackstone's significant investment activities serve as a powerful indicator of the sector's future potential". Amir Yaniv Gil Rushinek Roy Maor Joe Lubeck #realestateinvestment #multifamilysector #strategicgrowth