Rhino is pleased to announce the sale of 378 S Worcester Street, a 21,100 square foot/4.5 acre IOS truck maintenance facility in Norton, MA. Special thank you to Brian Pinch for originally identifying the acquisition in 2018, extending the lease with DATTCO, INC in 2021, and facilitating the recent sale. DATTCO has been a great tenant at the building and we wish them continued success. Thank you as well to Nicholas Giberson and the Middlesex Savings Bank team for being great partners on the deal, and to the Continental Law Group team for facilitating a smooth closing process. It was a pleasure working with our buyer, Realterm, on the transaction.
Rhino Capital Advisors’ Post
More Relevant Posts
-
We expect our disciplined underwriting process to result in acquiring only one asset for every 100 deals we review. Arlast will utilize its strong relationships and reputation within its target markets to source acquisitions including a substantial number off-market. All acquisitions will undergo a thorough screening process during which members of both the Arlast and Ardisia teams ensure they meet Arlast’s underwriting standards. Significant consideration will be given to the property’s submarket attributes, including location, school district, employment drivers, demographics, and competitive environment with new and existing multifamily supply. Offers will be conservative and based on the limited information available before the due diligence process; offers are revised based on new information before close. Arlast’s disciplined approach will result in the acquisition of approximately 1% of deals sourced. Invest now at bit.ly/arlastcapital or reach out via email at investors@arlast.com #ArlastCapital #Process #Deal #RealEstateInvestment
To view or add a comment, sign in
-
We’re excited to share the successful disposition of Absolute Self Storage in Dallas, TX! This 337-unit facility, acquired in May 2019, was recently sold—resulting in a 53% IRR over a 5-year hold period. Our value-add strategy included: increasing NOI by 71%, refinancing the property for $3M in 2022, cleaning up significant bad debt and achieving an average 96% collections rate, and completed tenant-focus improvements like ADA upgrades, paving, painting, and facility lighting. We’re proud to have partnered with Merit Hill Capital for this transaction, ensuring a seamless close. With Fund IV already underway, we are applying the same strategic expertise to our current portfolio. Approximately $10M remains in this offering before it closes for the year—don’t miss your chance to invest. Learn more about Fund IV: https://hubs.la/Q02Yxl-L0 #PrivateEquity #SelfStorage #ValueAdd #InvestmentSuccess #CrystalViewCapital
To view or add a comment, sign in
-
Another win in the books for Terrydale Capital. Despite a difficult market, we were able to lock in a sub 7% rate on a self-storage portfolio acquisition in Michigan. Read all about how our team wrangled the deal at the link below. https://lnkd.in/gKmdyFJx #commercialrealestate #commercialrealestateinvesting #selfstorage #selfstorageindustry
To view or add a comment, sign in
-
Tired of the paperwork hassle? Spartan Realmasters takes the stress out of real estate transactions with efficient and smooth paperwork processing. Focus on your next move while we handle the rest. . . #EfficientProcessing #StressFreeTransactions #SpartanRealmasters
To view or add a comment, sign in
-
Unveiling Trends in the M&A Landscape. Marked as the largest event of its kind globally, DealMax stands as a colossal match-making marketplace for middle and lower-middle-market companies. In its recent iteration, the event drew participation from 850+ private equity groups, family offices, and 150+ corporate buyers spanning North America. Top Takeaways from DealMax: 1. Surprising Surge in Deal Flow 2. Emphasis on Specialization 3. Mezzanine Debt Resurgence 4. Escalation in Post-Close Challenges 5. Heightened Scrutiny in Approval Processes 6. Demand for Expert Team Assembly: Navigating the Dynamics of Portfolio Companies With a wealth of experience spanning the deal life cycle, numerous professionals are prepared to assist in identifying value-creation opportunities and potential deal breakers tailored to the specific interests of buyers or sellers. #CBC_advisors #PrivateEquity #FinancialEngineering #DebtFinancing #CrossBorder
To view or add a comment, sign in
-
We're thrilled to announce a monumental week at Propertyze Consulting with not one, but three successful case completions in partnership with InterBay Commercial. Together, we've refinanced a further 37 properties for our client, securing a substantial £3.1 million in lending. 🏘️ Strategic Moves: This significant capital infusion is set to propel our client's ambitions further, enabling the funding of additional acquisitions and the pursuit of broader business goals. It's all about positioning for growth and seizing opportunities. 🤝 Team Effort: Huge thanks to everyone involved, from our team at Propertyze Consulting to our partners at InterBay Commercial, and Walker Morris LLP. Your expertise and hard work continue to make these achievements possible. 🚀 Looking Ahead: As we celebrate these milestones, we remain focused on leveraging our expertise to assist more clients in navigating their financial journeys and expanding their horizons. Interested in how strategic refinancing can help scale your operations? Reach out to us at Propertyze Consulting! Mohinder Parmar Marc Callaghan Simon Ward Rachel Henderson Mark Byrne #PropertyzeSuccess #RealEstateInvesting #PortfolioRefinance #InterbayCommercial #BusinessGrowth #FinancialStrategy
To view or add a comment, sign in
-
Another successful deal done! Grateful for this amazing feedback from a client who trusted us with a complex purchase and a tight deadline. Our team at Mason Row was able to secure funding quickly and ensure a smooth completion. Get in touch with us to learn how we can support you. Drop us an email on info@masonrow.co.uk to have a chat today. #ClientSuccess #MasonRow #FinanceSolutions #PropertyFunding #ProblemSolved #ClientTestimonial #IntelligentFinance #TestimonialTuesday
To view or add a comment, sign in
-
It’s an honor to welcome Brixton Capital back to the CrowdStreet Marketplace. Brixton was founded in 2012 and has owned and operated over $2B in historical AUM of multifamily property spanning more than 5,000 units throughout the Western U.S. and Texas. This apartment complex, purchased at a price below replacement value and recent sales comps, is located in Littleton, Colorado's #2 best city to move to. We invite investors to learn more about building a diversified investment portfolio with private real estate, how we pre-screen sponsors and investment opportunities, and how our members use the information provided to conduct their due diligence before investing. #apartments #multifamily #investing #denver #colorado #debt #equity #capitalmarkets #privateequityrealestate #alternativeinvestments #realestate #cre
Learn more about the newest deal on our Marketplace: Parkside at Littleton Village from repeat CrowdStreet Sponsor Brixton Capital. A 114-unit multifamily acquisition located 12 miles south of downtown Denver, the sponsor plans to implement a multifaceted business plan aimed at driving NOI growth. Learn more: https://bit.ly/3O4GCAm #CrowdStreet #CREinvesting #commercialrealestate #investmentopportunity
To view or add a comment, sign in
-
Always happy when Jacob Indursky and the folks over at Citywire RIA think I can cobble together a few coherent thoughts!! Traditional auction processes - going out and hawking your wares to upwards of 40 buyers - may yield you the highest price, but in an efficient market you’re likely to receive the same if not quite similar value from a smaller, more targeted process where the list of buyers is curated to your desired outcome and the result extends beyond just economics. https://lnkd.in/ea-87VyH #wealthmanagement #turkeyhill #mergersandacquisitions
To view or add a comment, sign in
-
I can't believe it's already been 6 years. This beautiful property is Matheson Capital's first acquisition, a two-unit property in Los Angeles. Without this property, we wouldn't be where we are today. So how did it happen? When Evan and I were in grad school, Evan overheard a classmate of ours Mitchell Lindsay, talking about putting a deal together. Evan and I had previously done a hard money loan in 2015, and given the size of the deal, we thought this could be a great opportunity, so we approached Mitch about partnering on the deal. In the end, everything worked out, but I have one vivid memory from when we were negotiating a structure, and that was how we would split the cash flow. We went back and forth and back and forth, talking about this way and that way. But then, Evan stopped thinking about the property abstractly, looked at the real numbers, and realized we were debating over MAYBE a couple of hundreds of dollars per month on what was supposed to be a very short term hold. So what was the solution? Buy the property, retain the cash flow instead of worrying about the distributions, and sell the deal quickly (because that's where the real upside was). And that's what we did. In the end, we owned this property for slightly over two months. We bought it for $800k and sold it for $985k. It was a great success. #multifamilyinvesting #apartmentinvesting #passiveinvesting #commercialrealestate
To view or add a comment, sign in
2,691 followers
Executive Managing Director and Managing Principal, New England
1moCongratulations