Ongoing Demand for Multifamily Units Helps Fuel Real Estate Investment Boom
TAMPA, Fla, May 21, 2021 / PRNewswire / – The Urban Bay Housing Fund officially announced the opening of its new office for June 1, in the heart of Tampa. Led by Caleb Walsh, nationally recognized real estate expert and one of the Top 100 People in Real Estate, featured by Top 100 Magazine, Urban Bay has positioned itself to help other investors by offering Premium Commercial Real Estate (CRE) loans – specializing in working with clients who have had problems with a bank in the past.
Caleb Walsh Fund Director observes the future location of an apartment building
Downtown Tampa
“We have discussed this growing demand for apartment buildings in Florida For some time, “said Walsh.” We invested in them because the potential continues to grow: 1,000 people are moving to this state every day. That won’t change anytime soon. Large hedge funds and commercial real estate investment firms are in the process of developing new development plans for mixed-use communities as well as trading plots that have become ripe for development. We have just hired top professionals from major banks across the country to offer CREs to various investors looking to explore this potential. ”
Urban Bay Housing Fund: The Right Loan at the Right Time
A nationally recognized leader in the acquisition, development and management of multi-family and commercial real estate in the United States. Urban Bay is now offering CRE loans for Floridian real estate and properties across the country. Urban Bay is particularly targeted at those to whom the bank has previously said “no” or who feel that their credit is not quite at optimal levels. CRE hard cash loans offer a variety of features that can help investors who have solid experience but are disappointed with the increasingly rigid algorithms used by financial institutions.
“The strict guidelines of most banks prohibit many skilled developers from entering the real estate investment market,” said Walsh. “While we’re also limiting the growth of the bank’s workforce. We’ve changed that model. Our brokers average solid CRE deals $ 20 million at a time. This has two main immediate effects: First, it opens up this type of investment to those who have the skills and experience to manage and revitalize real estate but have been repeatedly turned down by a bank. Second, it brings the best talent to Urban Bay by giving eager young realtors the opportunity to create fantastic deals for our clients while also securing a portion of the deal. It’s an absolute win-win situation for our brokers and clients. “
Once approved, Urban Bay works step by step with every customer investor, provides the term sheets for the acquisition as quickly as possible and, upon acceptance, completes a short subscription process. And all with a quick application process and quick closings. Urban Bay can assist clients in purchasing many different types of commercial real estate including senior citizen homes, shopping malls, office buildings, apartment complexes and mobile home parks, hospitality, self storage, mixed use and almost any other income generating commercial real estate.
Potential investors are encouraged to learn more by going online and completing a quick application process.
About the Urban Bay Housing Fund
The Urban Bay Housing Fund group consists of highly qualified real estate specialists with diverse and differentiated expertise in all areas of the commercial real estate industry. Specializes in off-market transactions for apartment buildings and the hospitality industry as the core of its commercial acquisitions, Urban Bay buys and holds lucrative, self-managed real estate companies in key markets before they fit in with the best complementary franchises – with a broad focus on real estate in the west and west Southern United States. Learn more at: www.UrbanBayHousingFund.com.
Media contact:
Josh Mance
Urban Bay Housing Fund, LLC
4868 W Gandy Blvd, Tampa, FL 33611
OFFICE: 813-219-4000
DIRECT: 609-791-9814
FAX: 1-813-441-7334
Web: www.urbanbayhousingfund.com
E-mail: [email protected]
SOURCE Urban Bay Housing Fund
