CONTI Capital Launches $150M Real Estate Fund

DALLAS, Nov. 2, 2021 /PRNewswire/ — CONTI Capital, a real estate investment company with over $1.25B in transactions, has launched its fourth investment fund to raise $150 million for the acquisition of multifamily properties and the development of new vertical and horizontal rental housing.

CONTI’s RE High-Growth Fund IV offers accredited investors, wealth managers, and institutions the opportunity to diversify capital across a mix of multifamily assets and geographic markets. The Fund will seek a target return of 10-14% ROI with a 3–5-year hold period and is structured as a private offering for accredited investors under Rule 506(c) of Regulation D.

“The flexibility and diversity of our High-Growth Fund IV takes advantage of a range of both established and new multifamily properties,” says Carlos Vaz, founder and CEO of CONTI. “This approach allows us to adjust asset allocations as market conditions change, actively manage performance, and offer risk-adjusted returns for investors.” Click to read more at www.inforny.com.

Today’s Commercial Finance Market: My Father and Grandfather Would Not Recognize It!

I have the unique privilege of being a third-generation banker. My grandfather started and ran a small savings and loan (“S&L”) in the western suburbs of Chicago. My father followed him into the S&L business and there were days when I would join him at work, handing out toasters and other gifts to those that opened new accounts. Occasionally, we’d go to homes with a rolling measuring tape to measure and appraise the land and house that the S&L provided a mortgage against. Companies in those days also got most of their financing from banks.

I have worked with many financial institutions during my career (at three leading banks) and have learned much over my decades helping companies refine strategy, raise capital, and think about how best to navigate their opportunities and challenges. One dominant theme that I have observed, and that has accelerated over the past decade and in particular over the past 24 months, has been in the “democratization of finance,” or DEFI. Click to read more at www.abladvisor.com.

4 Ways to Disrupt the Commercial Real-Estate Market

With many companies using the Covid-19 pandemic as an opportunity to downsize their offices and transition to a more remote workforce, some real-estate companies have undeniably struggled.

To say that commercial real estate has undergone significant disruption over the last year feels like an understatement, to say the least. With many companies using the Covid-19 pandemic as an opportunity to downsize their offices and transition to a more remote workforce, some real-estate companies have undeniably struggled.

On the other end of the spectrum, ever-increasing demand for apartment housing has helped fuel record-breaking real-estate investment volume in recent months.

All of this goes to show that 2021 is rife with both challenges and opportunities — and that the commercial real-estate industry is poised for even more disruption.

Here are four ways you can get in on this disruption.

  1. Invest in co-working spaces
    The way people work has changed dramatically over the last few years. Click to read more at www.entrepreneur.com.

The Pandemic Push: U.S. Eaters Driving Back Up to the Fast-Food Chains

The COVID-19 pandemic has hit different retail sectors in different ways. And many retailers are counting on a strong holiday shopping season to rescue their years. But one slice of the retail world has thrived during the pandemic: fast-food restaurants with drive-throughs.

That’s confirmed by the latest research from TOP Data, which analyzed the number of visits U.S. consumers made to the 20 biggest fast-food restaurants in the country. The result? Since the start of 2021, U.S. consumers have increased their visits to fast-food restaurants by 33.06 percent.

TOP Data separated fast-food chains into four major categories: burger chains, Mexican food chains, fried chicken chains and pizza chains. The company found that U.S. visits to burger chains have increased a whopping 54.5 percent since the start of 2021.

Consumers have visited Mexican food chains 32.1 percent more since the start of 2021 and fried chicken restaurants 29.5 percent. U.S. visits to pizza chains have jumped 16.2 percent since the start of the year.

Of course, TOP Data is comparing these visits to the ones consumers made to these restaurants in 2020. That does skew the numbers a bit. Last year, many consumers stayed home because of the pandemic. It makes sense, then, that visits to fast-food restaurants would jump this year.

But the jumps TOP Data has seen are impressive. TOP Data points to the changes many restaurants made last year to combat the pandemic. These include a greater reliance on drive-through service, curbside pickup, an increae in their delivery services and new menu items.

Which restaurant chains, then, have seen their business soar the most so far this year? In the burger chain category, Sonic leads the way. TOP Data found that the number of visits U.S. consumers made to this chain so far in 2021 have jumped by 102 percent when compared to the visits they made last year.

McDonald’s came in second in the burger category, seeing its visits jump 59 percent this year, while Wendy’s pulled into third place with visits rising by 43 percent.

In the Mexican food category, El Pollo Loco saw visits by diners rise 39 percent so far in 2021, while Taco John saw these visits increase by 37 percent and Del Taco by 32 percent.

KFC saw the most growth in business so far this year in the fried chicken category, with visits by consumers jumping 49 percent in 2021. Chick-fil-A saw its visits jump by 33 percent, while Popeyes saw its visits rise by 23 percent.

And for pizza chains, Papa Murphy’s led the way with a jump of 19 percent in visits so far this year. Visits to Pizza Huts jumped 18 percent, while those to Little Caesers Pizza increased by 16 percent.

Tight, Dynamic & Evolving: Texas Industrial Experts Discuss Record-Setting Market

Industrial CRE experts in Texas have seen just about everything over the course of their careers. Even so, where the market stands today is a first for many.

“With some of our older vintage/infill product, we are seeing rental rate increases of 40 to 60 percent on average,” shares Canon Shoults, managing principal at Holt Lunsford Commercial. “Whether renewals or new deals, lease rates have been on the move every 30 to 60 days.”

That’s just one example of the red-hot industrial sector, what JLL-Austin executive vice president Ace Schlameus describes as “tight, dynamic and evolving.”

“Like every market, the e-commerce explosion is driving demand, but in Austin we have the added increase with the population growth due to the masses of people moving to Central Texas,” Schlameus adds.

Davis Bass, industrial project partner at HPI in Austin, sees the same driver: “With more rooftops in Austin, the city needs more places to store toothbrushes, restaurant supplies, building materials, and other goods.”

Zane Cole, who is also an EVP with JLL-Austin, attributes some of the demand to a spike in automobile manufacturing and vendors looking to be a part of production that is starting as soon as the end of the year. Click to read more at www.rednews.com.

Savills Expands Junior Broker Development Program to Three Additional Markets in the US

NEW YORK, Oct. 28, 2021 /PRNewswire/ — Savills announced that it expanded its Junior Broker Development Program (JBDP) to three additional markets in the US, doubling down on its commitment to recruit, train, and invest in the next generation of Savills associate brokers. Also, for the first time, the global real estate advisory firm opened the program to existing, non-brokerage employees in North America interested in sales, consulting, or complementary roles.

During its inaugural 2020 class, Savills selected eight young professionals in New York City and two in Washington, DC, to participate in the 15-month salaried rotational program, which provided recent college graduates the opportunity to advance their commercial real estate careers. Of the 10 participants, 90% were women or from racially diverse backgrounds. Today, 100% of the candidates who completed the program are now working in full-time positions for the company.

“Having colleagues with different perspectives and lived experiences at the decision-making table is crucial to the vitality of our firm and the future of our industry,” said Mitchell E. Rudin, chairman and CEO, Savills North America. “By expanding the Junior Broker Development Program, we are working to create substantive changes that will open up opportunities for young women and minority groups to enter the industry with equal and equitable chances for success.”

This year’s JBDP class has 11 participants across Chicago, Houston, Los Angeles, New York, and Washington. Each will have the opportunity to rotate across several of the firm’s service lines, including brokerage, research, cross-border tenant advisory, industrial services, capital markets, portfolio solutions, consulting, workplace strategy, business development, and client technology solutions. Click to read more at www.inforney.com.