Friday, March 20, 2015

Confidential * Private * Attention Commercial Property Owners! (NYC)

Confidential * Private * Attention Commercial Property Owners! (NYC)

If you need to sell you commercial property investment(s) We can make this happen for you. Over the past nine years I developed a solid base of clients, prospects and real estate investors. We are only making this opportunity available to high net worth real estate owners such as: Building Owners, Private Equity Investors, Real Estate Developers, & Hedge Funds looking to sell their real estate assets in New York, NY who we believe are of the highest quality and integrity. If this interest you and you want to sell your property asset, please call or email me as soon as possible. 
We would love the opportunity to connect with you.

To learn more about the type of investment properties our real estate investors are interested in, reply with your contact information (name, email phone,etc.)

Jamie Knuckles
Commercial Sales & Leasing
Licensed Real Estate Salesperson
BOND New York Properties, LLC
1776 Broadway 19th Fl.
New York, NY 10019
Office: 646-666-2253
Mobile: 347-386-6386
Fax: 646-666-2395

Saturday, December 13, 2014

A Very Creative Loft with 15' beamed ceiling, River Views! (West Village)

Note: Rent at $14K Per Month With an Option to Buy $ CALL TODAY!

Located on a quiet tree-lined street in a unique setting this 2127 sq. ft iconic Coop in this West Village'll want to move fast if you want this one. The heart of Downtown's most sought-after neighborhood with its world class restaurants, cafes, highly rated schools and the fascinating Hudson River Park. Enjoy the Sunrise or Sunset over the River from your wall of windows in this Loft with 15' beamed ceiling, flooded with natural light. This rare Loft space in prime West Village location with abundant closets and storage is move in ready or can be re-designed to suit the creative mind. There are three sleeping Lofts, extra space for home office. There is plenty of storage space?  This Cooperative was Built in 1930. 
This Loft has 3 bedrooms, 2 Baths an air cooling wall unit,  heating is baseboard. There is Laundry in the unit and a Fireplace surrounded by a nice hardwood floor. If you would like to learn the secret of this house that has kept these sellers the most satisfied happy homeowners in the neighborhood come see this home. Nearby Schools are P.S. 41 Greenwich Village Grades K-5, NYC Lab Middle School for Collaborative Grades 6-8, NYC Lab High School for Collaborative S Grades 9-12.
Offered at $4,000,000
Maintenance - $2,325.30
Financing 75%

Jamie Knuckles
Bond New York Properties
Direct: 347-386-6386

Thursday, October 2, 2014

Investor Confidence in Real Estate and Changing Allocations

Investors’ average current and target real estate allocations have slowly increased,  with the average current allocation increasing from 6.7% of total assets under management in 2011 to 7.6% in 2014. Correspondingly, the average target allocation of investors has increased from 9.1% to 9.7%, as real estate has becoming increasingly important in investors’ portfolios, with many institutions growing their exposure to the asset class. Allocations vary considerably by investor type, and while there is considerable variation between different groups of investors, in all cases the average target allocation is larger than the average current allocation, a reflection that a large proportion of institutions are below their targeted level of real estate exposure. As a result more capital is likely to flow into the asset class in the coming years, as investors increase their level of investment in order to move towards their target allocations. 

Returning Confidence
The past 12 months have seen confidence in real estate increase among institutional investors, 32% of investors believe that returns have exceeded expectations over the past 12 months, compared to just 10% of investors which stated so in H2 2013. Correspondingly, the proportion of investors which stated that returns had fallen short of expectations has declined from 25% to 15% over the same timeframe. When asked about their general perceptions of the real estate fund industry at present, investor responses vary by region; North America-based institutions have the most positive outlook, with 58% of investors perceiving the asset class positively, compared to 44% of Asia-based investors and 14% of Europe-based investors. The vast majority of Europe-based Allocations investors (86%) view real estate in a neutral light, with none perceiving the asset class negatively. Although many European economies have been slower to recover from the downturn than those in other regions, the more positive economic outlook and corresponding improvement in real estate fundamentals may lead to a return of confi dence among investors based in Europe in the coming year. As a result of both increasing confidence and the need for many institutional investors to further diversify their portfolios to generate the returns they require to meet their obligations, it is perhaps unsurprising that many investors are planning to increase their allocations.  41% of institutions surveyed in H2 2014 plan to increase their allocation to real estate over the longer term, compared to 31% of investors which stated so just six months ago Regionally, however, there are notable variations regarding which investors plan to increase their allocations over the longer term. , Europe- and Asia-based investors are the most likely to increase their real estate allocations, with 71% and 56% respectively stating that they plan to do so, compared to 26% of North America-based institutions. Investors located in Asia in particular are likely to be important investors in the asset class in the next few years, as many that have previously been domestically focused begin to seek international exposure. Investors based in Asia have real estate allocations below the global average, with the average current allocation standing at 6.9% and the average target allocation at 8.7%. However, as these institutions look to increase their allocations to the asset class, they may start to move closer to the average current and target allocations of Europe-based investors, which stand at 10.2% and 12.1% respectively. One Asia Based Investor Thailand Government Pension Fund, which is looking to commit to two private real estate funds in the next 12 months. The pension scheme expects to invest $30mn  (THB 960mn) and is interested in both Asia and Europe. The growing confidence among investors regarding their portfolios is further reflected in the amount of capital they plan to commit to the asset class in the next 12 months. Fifty-five percent of active institutions plan to commit $100mn or more to private real estate in the next 12 months, compared to 40% that stated so in H2 2013. Many investors are planning to make their maiden commitments to the asset class, or are seeking to return to making investments having been inactive.  A sample of investors making their fi rst commitments to private real estate funds, or returning to real estate investment. One such investor is Tatra Banka, a Slovakia-based bank. The investor is considering making its maiden allocation to private real estate funds in Q4 2014, committing up to €30mn across one or two core or core-plus private real estate funds targeting Central and Eastern Europe. These investors highlight the importance to fund managers of going beyond their capital base to source capital, with many institutions across a variety of regions targeting new commitments in the year ahead.

As the performance of the real estate asset class has improved in recent years, investor confi dence is returning and allocations to the asset class are likely to rise in the next few years.  This is most likely to be the case among Europe- and Asia-based institutions. In particular, greater numbers of Asia-based investors are looking to invest internationally, with these institutions likely to be an important source of capital for managers raising Europe- or North America-focused funds.  The fundraising market remains a challenging one, and while there is a large pool of institutional capital set to enter the asset class in the coming years, fund managers may need to cast the net wide to be successful in raising capital, and be prepared to target investors across the globe.
 Source: Preqin Real Estate

Wednesday, October 1, 2014

More Manhattan Apartments Available ... If You Have Millions to Spend on a 4-Bedroom Condo

The inventory crunch that's been plaguing Manhattan's real estate market lately? Looks like we may have rounded that bend, judging from third-quarter reports released today by brokerage firms. Though the number of properties up for sale are still at frustratingly low levels, the Corcoran Group reports that inventory has increased by 10 percent from this time last year, with each of the last three quarters posting incremental gains.
But only large apartments: Urban Compass found 19 percent more four-bedroom or bigger units on the market last quarter; every other size apartment, from studios to three-bedrooms, actually saw inventory shrink, per their numbers. The under a million market inventory dwindled, not grew. In contrast, the $10 million and up market grew by 41 percent from last year.
Though the median price is up 4.2 percent from last year to $908,242, sales are down by 13.3 percent, according to Douglas Elliman's survey. It's taking a little longer — about four days more, so not a massive shift but a shift nonetheless — to find buyers, too. "Buyers are not desperate, they're aggravated," says appraiser Jonathan Miller, who prepared Elliman's survey. "They're mad as hell, but they're still taking it." He says tight lending standards continue to limit starter-home buyers, who have to compete with all-cash types, and there are plenty of them; roughly 45 percent of sales are cash deals. "No housing market can be truly considered normalized until credit normalizes," says Miller.
Diane Ramirez, CEO of Halstead Property, says though the market's inarguably strong, some buyers are choosing to wait for new listings so they can get an apartment that would at least be as close to their ideal, if not in price then at least in quality. "The last three quarters, when we've had these incredible increases, first of all, it's not sustainable," she says. "And it's causing buyers to be on the sidelines [asking], 'If I'm paying this [much], it has to be perfect. If it's not, should I be paying these record prices?" Adds Miller: "We're not seeing the same sense of urgency."
Starter-apartment buyers specifically have been standoffish, says Urban Compass' Sofia Song, who points out that the number of studios and one-bedrooms going into contract from July to September — a data point that hints at what the future holds since market reports are based on closed sales and contracts usually translate into closed sales — dipped by a combined 8 percent. (Contracts for two-, three-, and four-bedrooms, on the other hand, rose between 3 and 13 percent.) It doesn't help that most of the new projects hitting the market right now are skewing expensive, and larger. "It's the entry-level buyer that gets shut out," Song says. "Because there's so little product, there's not much for them to act on."
And it doesn't look like developers will be much help in that department, either — at least not anytime soon. With prices for Manhattan's undeveloped parcels making leaps — the average for the borough now hovers at around $500 per buildable square foot, according to commercial brokerage firm Massey Knakal, plus construction and marketing costs — Song says it's no surprise that many of the projects she's seeing in the pipeline are aiming to sell at $2,500 per square foot. "These new developments coming online are at such high price points because they have to be."
Source: NYMAG.COM Market Report