Keeping Up With Industry Trends
Using Fixed vs Floating Rate Debt for Real Estate Acquisitions
At Ballast Rock, we tailor the debt structure we use to each individual real estate acquisition. We base our decision on the type of debt to use based on the nature of the property, the debt markets at the time of acquisition, our business plan for a given asset, and the expected timeframe for holding the asset, along with many other factors.
College Park Apartments Sale
We are excited to announce the sale of College Park Apartments in Macon, GA, our fourth disposition in Sunbelt Multifamily Fund I (“SB1”).
Stone Brooke & Arbordale Apartments Closing
We are excited to announce the fifth acquisition of Sunbelt Multifamily Fund II – Stone Brooke and Arbordale Apartments – 139-unit and 78-unit communities located in Dalton, GA.
What’s on Real Estate Investors' Minds?
Last week Simon O'Shea (Ballast Rock CIO), Ian Garcia (Ballast Rock COO & Treasurer) and I were asked to present at a US Real Estate conference in Miami for Latin American Investors. Here are some of the topics on investors' minds at the conference.
Why Invest in Real Estate in Small- to Medium-Sized Cities?
At Ballast Rock, we specialize in investing in real estate in small- to medium-sized cities across the Southeastern USA because our experience shows properties in these cities often offer better opportunities to add value (i.e. “alpha”) and increasingly more significant market rent growth potential in the current market environment.
Deal Sourcing and Underwriting: Understanding a Key Part of the Ballast Rock “Special Sauce”
In this educational article, we briefly discuss each of the steps involved from the moment we hear about opportunities to getting to the closing table and putting the property under management.
What is ESG Investing?
ESG is an investment approach that considers environmental, social, and governance factors as part of the overall investment decision and does not just focus on financial rewards. For many investors, the belief is that their investment capital will be used to invest not just for pure economic profit, but for greater environmental and social good.
Census Data Proves Positive Outlook for Southeast Multifamily Market
2020 Census data has now been released and we wanted to highlight relevant data about the continued demographic growth in the Southeast. In this article, we will review several key statistics and how they relate to the Ballast Rock Real Estate strategies.
When Carbon Negative is a Positive
Both governments and companies have increasing started publicizing steps they are taking to reduce our carbon footprint and ultimately get to “net zero” emissions, but what does that actually mean?
Wind, Solar, and EVs Are Just Part of the Solution
Electric Vehicles and renewable power sources like Wind and Solar undeniably create cleaner energy over the long run. However, the process of manufacturing wind and solar farms, as well as the batteries used in electric vehicles, are significant sources of Greenhouse Gas emissions as well as causing other environmental, national security, and labor issues.
Investing for an Accommodative Fed and Post-Pandemic Inflation
In this article we discuss likely U.S. economic scenarios for exiting the pandemic recession, headline vs. housing inflation, and national vs. Southeastern regional inflation, and whether multifamily real estate can be a good hedge for inflation.
Cyber-Hygiene: Arresting Cybercrime Contamination
As the COVID-19 pandemic has forced much of the global workforce to work from home, many have suddenly started to work full-time outside the protections of corporate security programs. Just as we have all become experts in social distancing and hand washing, we also need to be just as vigorous about our “cyber-hygiene”.