Keeping Up With Industry Trends
Ballast Rock Foundation: Giving Back During 2022 and Beyond
This year we established the Ballast Rock Foundation as the vehicle for our organization's charitable giving. The mission of the foundation is to help alleviate housing insecurity in all its forms while providing transparency to donors.
Ballast Rock Real Estate: 2022 in Review – Value Added
One of Ballast Rock’s core principles is focusing on investments that have a positive social or environmental impact. For us, real estate investing is not just about cutting costs, increasing net operating income (“NOI”) and “sweating the assets.” It is about enhancing our residents’ living experience, empowering our staff to be the best they can be, and giving back to our local communities.
Ballast Rock forms Ballast Rock Private Wealth
Ballast Rock Group will internally reorganize to create distinct asset management and broker-dealer divisions to support its private equity, real estate, and venture capital offerings.
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?