The unique skill sets and well-defined disciplines of our leadership team will ensure sound decision making for the long term, and proper risk management for the life of the assets. Over the last 10 years, real estate assets have seen great highs and lows. One end of the market spectrum is now fueled by a quest to achieve a quick return, while the opposite end is fueled by large institutional investors seeking returns without regard for the intrinsic value of their real estate assets. Typically in these cycles, we see many real estate organizations come and go as they chase current market trends and deploy too many or too few resources in their execution. In many of these cases, the fundamentals that make a well-positioned long-term asset are lost. Furthermore, the fundamentals that lack aren't easily seen by the novice investor and won't be apparent for years in the future. At SCM, we take a different approach. A fundamental pillar of real estate investing is to acquire and hold high-quality real estate assets for the long term. This approach allows for capital appreciation to occur and allows for a well-positioned property to deliver returns long into the future, all while increasing in value. While not every asset can enjoy such a horizon, our strategy is to hold the ones which best provide this opportunity in any market. All others in our portfolios will have a patient yet timely disposition as part of its strategy, allowing its net proceeds to seed the next generation of SCM assets.
External link for Sower Commercial
Sower Commercial reposted this
Our multifamily project at 48th & Dodge has reached its final height! Crews have been busy installing windows and siding, while also working on the interior buildout. Construction on the east building begins early December. Drone Video Credits: Hausmann Construction ACCESS Commercial, LLC, Sower Investment Partners, Hausmann Construction , Holland Basham Architects, Bankers Trust, Core Bank
We are thrilled to announce the addition of Will Suter to the Sower team as our Director of Investments for Sower Commercial. Will brings extensive experience and a proven track record in finance, real estate development and acquisitions. Will began his career as the first hire at Goldenrod Capital Advisors, ultimately rising to Vice President of Development for the Central U.S. region. While there he sourced approximately $350 million in debt financing and refinancing, achieving a weighted cost of debt of 3.06%. He structured complex financial instruments, including Credit Tenant Lease financing, interest rate swaps and interest caps. In his role as Director of Investments for Sower Commercial, Will will focus on driving value within our existing real estate portfolio, sourcing new acquisition opportunities and ensuring investors achieve the highest risk-adjusted returns possible. We are excited about Will's expertise and vision for Sower and look forward to his impact on enhancing investor value. Please join us in welcoming Will to the Sower family!
Market research continues to support the investment thesis and strategy held by Sower Commercial. Not only are move outs declining but open retail spaces are being leased in record time. This second quarter analysis from JLL is a must read for those considering investing in open air retail commercial. Read the article here: https://lnkd.in/gmdst5Dg
Great job ACCESS Commercial, LLC! Glad to be a part of it.
This weekend, we officially opened our newest club in Lincoln, NE, which is our 60th VASA Fitness location! Our 62,000-square-foot gym has all the premium amenities we offer, including our boutique-style STUDIO RED HIIT and STUDIO FLOW infrared yoga classes! Learn more about the club here: https://lnkd.in/g3_r8uS8
The U.S. retail property sector showed strong fundamentals in Q2 2024, with high tenant demand, robust rent growth, and record occupancy rates. Key trends include: Smaller Spaces, Big Demand: Spaces under 2,500 square feet, particularly for quick-service restaurants and personal services, are in high demand. Even large retailers are opting for smaller, smarter formats to boost profit margins. Rapid Leasing Activity: Retail spaces are being leased faster than in decades, with nearly half finding tenants within three months of listing. Foot Traffic Growth: Retail visits increased by 4.2% year-over-year, led by discount stores and grocery chains like Aldi. Limited New Developments: With only 50.4 million square feet under construction, developers are cautious, focusing on build-to-suits and smaller mixed-use formats. Rent Growth & Demand Cooling: While rents continue to rise, growth is expected to slow, and demand for retail space is showing signs of cooling. Despite these positive trends, the sector faces potential challenges from rising occupancy costs and the risk of retailer bankruptcies and mergers. As we move through 2024, it will be crucial to monitor these dynamics closely. Read the full article: https://lnkd.in/gja9ymSR #RetailRealEstate #CommercialRealEstate #CRE #RetailTrends
Sower Commercial reposted this
After 8 years of assembling this property on Dodge, it is very exciting to see our project get to multiple stories!
Crews have finished the final top-coating of the west parking structure on the 48th and Dodge Multifamily project. Wood-framing is starting, which will continue taking the west building vertical. Foundations are underway for the east building. ACCESS Commercial, LLC, Sower Investment Partners, Hausmann Construction , Holland Basham Architects, Bankers Trust, Core Bank
Sower Commercial focuses on the underrepresented asset class of Open Air Retail Centers. Specifically, Sower identifies assets with the opportunity to create additional rental income returns that can be increased over time through: -leasing maximization (tenants and out lot) -portfolio management efforts -principal reduction Learn more about Sower Commercial by visiting our website: https://lnkd.in/gkr2MdVc sowerinvestmentpartners #sowercommercial #openairretail
Investment in Open Air Retail Centers provide classic fundamental characteristics of safety - including location, acquisition cost, and below-market or replaceable base rent. The lack of new construction for years has driven retail availability to near record lows facilitating tenant replacement with financially sound brands who will pay higher rents and engage new customers. Sower Commercial recognizes the value in open air retail centers and is committed to maximizing that value for our investors. #commercialrealestate #sowercommercial #openairretailcenters
Dreams are taking shape. Sower Commercial, in partnership with some of the best in the business, is proud of the progress at 48th & Dodge. What a great addition to a prime location amidst the popular Omaha neighborhoods of Dundee and Blackstone, and just blocks from the University of Nebraska Medical Center (UNMC) campus.
Construction continues on the 329-unit multifamily building at 48th & Dodge in Omaha, Nebraska. All elevator shafts are now completed. The crews have also finished all foundation walls on the west side and will continue taking the building vertical over the next few months. ACCESS Commercial, LLC, Sower Investment Partners, Hausmann Construction , Holland Basham Architects, Bankers Trust, Core Bank
Sower Commercial reposted this
I had the honor of attending the 9th Annual Real Estate Family Office & Private Wealth Management Forum last week in Dana Point, CA, where in addition to sponsoring the conference as Sower Commercial, I had the privilege of serving as moderator with an estimable panel of speakers at one of the forum’s sessions. As the average family office allocates up to 25% of their portfolio to real estate direct investments, our topic was the timely and relevant subject “Alternative Asset Classes & Niche Opportunities in Real Estate." Panel members represented real estate investment firms offering superior returns by focusing on niche investment opportunities. Additionally, the forum provided Sower Commercial the opportunity to introduce its latest real estate offering to the market, the Longview II Fund. Along with Kirk Hanson and Darren Hicks, the Sower Commercial team is excited to announce Longview II Fund launches now! Stay tuned for more information to come about this new investment opportunity. Read more: https://lnkd.in/g-zn87R2 #IMN #wealthmanagement #familyoffice #commercialrealestate #longviewIIfund