DLT and crypto wallet adoption
The world of cryptocurrencies has evolved rapidly in recent years, and with it, the way we think about money and assets. The rise of blockchain technology and decentralized finance (DeFi) has brought us to the cusp of a financial revolution. The rise of crypto wallets and the potential they hold for tokenizing real assets poses the likely possibility of fiat currency becoming obsolete.
Topics: Investing, Fintech, Blockchain, Insights
Vacant buildings have become a common issue in today's economy and an all too familiar reason for loan declines by traditional banks. Whether it be a multi-unit, a strip mall, apartment complex, or a property with a former big-box store attached, when buildings do not have full occupancy, they are just harder to finance.
Vacant properties can also be linked to higher crime rates such as squatting, theft, and arson. When you are the owner of said buildings you don't want to be stuck in a spot where you watch your property decrease in value and lose money in the process, all because you can't obtain financing needed to get new tenants.
Why not consider a bridge loan?
Unlike a traditional loan, a bridge loan can step in immediately, bridging the gap between vacancies and fully occupied time frames!
Topics: Rehab, Brokers, Investing, Alternative Financing, Low Occupancy Property, Bridge lending, Bridge Loan, Insights
AMARILLO, TX - Helvetica Group identified a $2,291,000 single tenant NNN investment property in Amarillo, Texas for a private investor. The tenant was Longhorn Steakhouse which was on a long term, NNN, corporate guaranteed ground lease providing the investor with a stable, low risk return on their investment. The investor recently sold a multifamily property that required substantial hands-on management: he needed to quickly satisfy a 1031 exchange to defer a substantial tax liability. Helvetica was able to search nationwide to locate a suitable replacement property and organize the due diligence and closing within a short period of time. The investor doubled his income and reduced his management time by almost 100%.
Later, Helvetica arranged to refinance the property with a $900,000 cash out bank loan allowing the investor to purchase an additional property and diversify his holdings.
AMARILLO, TX - Ben Wilson of Helvetica identified an exchange property for a private investor's 1031 exchange upleg. The investor needed to quickly identify a substitute property to qualify for a 1031 exchange and defer a substantial amount of tax liability.The investor's financial advisor and CPA referred him to Helvetica as a trusted source to provide advise on acquiring and financing commercial real estate. Helvetica was able to scour the country side within a few days and find a suitable, low risk, worry free, cash flowing investment located in Amarillo, TX. The single tenant retail building was leased to a credit tenant and was generating a 5.6% return (cap rate).
ST. PETERSBURG, FL (December 31, 2015) - Chad Mestler, CEO of Helvetica Group, arrannged for the purchase of a vacant hospital, formerly known as the Ed White Hospital in St. Petersburg, FL. This 6 story, 121,000 sq. ft. building is an ideal opportunity for an adaptive reuse development. Ideally suited for assisted living, senior housing, veterans housing, immigrant children housing, single resident occupancy or multifamily. The neighborhood of Kenwood is a very desirable residential area in St. Petersburg, Florida. Kenwood is located just 2 miles from downtown St. Petersburg, and 15 minutes from downtown Tampa.
Alternative real estate investing is an elusive asset class. Identifying, originating and underwriting real estate investments takes time and experience.
Traditional brokers and financial advisors rarely direct their clients to these types of assets primarily because their firm cannot custody the investments and as a result, they lose the capital and cannot charge fees on the assets. It’s unfortunate, but true. Some advisors, in an attempt at altruism will direct their clients to such investments in a holistic attempt to balance out a portfolio. Our experience has proven that alternative real estate investments should be a significant part of any balance portfolio.
