Tauro Capital Advisors Expands Southern California Presence with First Office Opening in Orange County, CA

 

Stephen Stein

 ORANGE COUNTY, CA — Tauro Capital Advisors, Inc., a fully integrated financial services company and fiduciary with a diverse background in all aspects of commercial real estate, has announced its continued expansion across California with the opening of its first office in Orange County, California.

 The firm’s Orange County office comes on the heels of Tauro’s expansion in Northern California where it recently opened its first office in Sacramento, according to Stephen Stein, Managing Partner at Tauro Capital Advisors.

 “We have been rapidly expanding year-over-year and expect to triple in size by the end of 2022,” explains Stein. “This continued growth is demonstrative of our unique approach and collaborative culture. Because of this, we are able to better serve clients and customize financing solutions that fit their business goals.”

 Tauro Capital Advisors is headquartered in Los Angeles with offices in San Diego, Sacramento and now Costa Mesa, California.

Matt Bucaro 

 “Our new location in Orange County will allow us to continue to serve clients, as well as further nurture and foster our relationships with lenders throughout the region,” says Stein. 

“Over the last few years, we have become one of the most active financial intermediaries for commercial properties across the country.

 "Our teams understand how to deliver creative capital solutions and have continued to source competitive financing for our clients throughout the pandemic, a key reason for our continued growth.”

 Tauro Capital Advisors sources financing across all product types including multifamily, office, industrial, hospitality and retail. The firm has significant experience in financing triple-net-lease deals and ghost kitchens.

 “As food delivery continues to expand, restaurants are seeking separate space where they can simply fill the growing number of delivery orders,” explains Stein.

Anthony Johnston

 “Our team of experts understands the unique needs of this niche space and has financed more than $30 million in ghost kitchens over the last 5 months.”

 Tauro’s Orange County office will be led by Senior Directors Matt Bucaro and Anthony Johnston.

 “We are actively looking to expand in Orange County and bring in new advisors to join our growing team,” says Stein. “Our new office will aid in attracting top talent and reinforcing our unique company culture.”

            Tauro’s Orange County office is located at 3090 Bristol Street, Suite 400 in Costa Mesa, California.

 

 CONTACT: 

Lexi Astfalk

Brower Group

(949) 438-6262

lastfalk@brower-group.com

https://www.taurocapitaladvisors.com.

RECI reports single-family rental investments are the hottest assets on the market today

John Oharenko 

 

.  Chicago, IL - The Real Estate Capital Institute (RECI) notes in its monthly report that Inflation fears resurface as the main ingredients of realty development – land, labor, and materials – continue on an upward spiral.  

The Fed expects to raise rates in two years, but many experts predict hikes sooner.  

In the meantime, benchmark interest rates and mortgage spreads hover near historic lows.   As a result, real estate capital markets focus on extremely tight yields due to limited investment opportunities. 

Single-family rental ("SFR") housing represents the best examples of institutional investment opportunities within a supply-constrained environment. 

 SFH is a relatively new asset class for many institutional investors. 

 SFR class now ranks as a favorable property type for the following reasons:

Competitive Yields:  

Spreads of 200 basis points or more exist for builders selling to institutional investors, as retail pricing hovers in the high-3%-to-4.5% range.  Such yields reflect wider spreads than buying comparable-quality multifamily assets.  

Lately, however, pricing continues to tighten as more players move into this sector.  New construction pre-sale takeouts offer higher yields but with greater investor risk.

Portfolio Diversification: Institutional investors traditionally seek net lease, industrial and multifamily assets as preferred property types.   SFR ventures now offer more diversified risk in a property sector seen as critical to consumers and investors alike.

Hold Strategy: 

 The housing shortage is a critical problem in the nation.  SFR offers longer-term hold strategies for upside values as housing demands far outweigh supply. 

According to John Oharenko, Director at The Real Estate Capital Institute, "Single-family rental investments, are the hottest assets on the market today.  Institutional investors jump in to catch the action, driving down yields to record-low levels for this sector."

 The Real Estate Capital Institute® is a volunteer-based research organization that tracks realty rates data for debt and equity yields.  The Institute posts daily and historical benchmark rates, including treasuries, bank prime, and LIBOR.  

 CONTACT: 

John Oharenko 

john.oharenko@reci.com

director@reci.com / www.reci.com

^The   Real Estate Capital Institute^®

Chicago, Illinois USA 60622

John Oharenko, Executive Director

Bridge Investment Group Acquires Lindenwood Corporate Center in Malvern, PA

 Lindenwood Corporate Center, a 5-building,
 280,034-square-foot Class-A corporate
office campus on Lindenwood Drive
 in Malvern, PA

 

ATLANTA, GA – Bridge Investment Group’s (Bridge) subsidiary Bridge Office announced  the acquisition of Lindenwood Corporate Center, a 5-building, 280,034-square-foot Class-A corporate office campus on Lindenwood Drive in Malvern, Pennsylvania.

Adam Shute

Located in Philadelphia’s Malvern/Exton submarket in fast-growing Chester County, the acquisition is Bridge Office’s second in Pennsylvania.

 The firm also owns Bay Colony, a 250,000-square-foot office campus located in Wayne, Pennsylvania, just seven miles from Lindenwood.

 

Lee & Associates of Eastern Pennsylvania, LLC represented the seller, TA Realty, in the transaction. The property will be leased by JLL’s Adam Shute and Chris Werner. 

 

 

Lindenwood Corporate Center will be managed by Bridge Office’s operating arm, Bridge Commercial Real Estate.  

Chris Werner

“The office is here to stay, and our acquisition of Lindenwood Corporate Center reflects Bridge’s confidence that suburban markets are poised to lead the recovery as office reentries pick up steam in Philadelphia and around the nation,” said Jeff Shaw, CEO of Bridge Commercial Real Estate.

 “We remain focused on high-growth suburban hubs like Malvern as cheaper rent, shorter commutes and abundant outdoor workspace continue to drive demand for companies that are pivoting to keep up with the new expectations of today’s workforce.”

 

“We believe Lindenwood Corporate Center provides a rare opportunity to reposition an asset that has a prime location advantage with considerable upside potential,” said Brian Tretinik, Bridge Office’s Managing Director of Asset Management.

Jeff Shaw

“The surrounding submarket is trending upward due to a talented workforce and population growth, while the property offers walkable amenities and a unique park setting that curate an office community where people want to live, work and play.”

 Located on 28 acres at the interchange of US-202 and Route 29, Lindenwood Corporate Center is strategically located 25 miles northwest of Downtown Philadelphia.

 The area boasts a highly educated workforce, a variety of housing opportunities and excellent walkability and connectivity to the surrounding region given its proximity to US-202 and the Pennsylvania Turnpike.

Brian Tretinik

 The property is located directly across the street from Uptown at Worthington, a 1.4-million-square-foot mixed-use development that includes retail, fast-casual restaurants and luxury apartments, and offers direct connectivity to the popular Chester Valley Trail.

 Developed in 1985, the property is currently home to a wide range of leading brands, including PQ Corporation, Siemens Corporation and Cisco Systems.

 Bridge Office plans to invest an additional $8 million in capital improvements and tenant improvements, including an outdoor amenity area to tie the five-building campus together and create a high-quality, modernized office campus. 

  CONTACT 

 Nick Banaszak,

Vice President

www.thewilbertgroup.com

m: 256.457.5384

.