New ground-up development captures an accelerated appreciation upon development is completed and property is stabilized. By creating a modern property that meets current tenant preferences, positions the asset for long-term appreciation compared to an older property undergoing value-add renovations.
In new construction properties everything is new and requires minimal initial maintenance. This reduces the risk of unexpected expenses commonly associated with value-add properties, leading to more stable and predictable cash flows. Plus involves less tenant disruption, reducing turnover risk and providing a smoother path to stable occupancy.
Ground-up construction allows to design and build a property that meets the latest industry standards and is tailor it to specific market demands. This ensures the property is optimized for efficiency, aesthetics, and tenant preferences, leading to higher tenant satisfaction and potentially attracting premium rents.
Ground-up construction helps avoid potential obsolescence issues associated with older value-add properties. Technologies and design preferences evolve over time, and a newly constructed property is less likely to become outdated quickly.
A newly constructed property stands out in the market, offering a competitive advantage over older value-add properties. The enhanced curb appeal, state-of-the-art features, and efficient layouts can lead to longer lease durations, and lower turnover rates.
Starting in 2023, new energy-efficient construction projects now qualify for tax incentives or depreciation benefits. These incentives can lead to improved overall returns, enhancing the property's financial performance.
Are you concerned with the ups and downs and volatility in the stock market? Are you frustrated with the nonexistent returns from banks, the low returns from bonds? Or disturbed by limited availability of true value-add assets while the inflation eats up your wealth acquisition power?
Smart real estate investments where value is created are a safer solution. At CREN Capital, we pride ourselves on being dedicated and seasoned real estate investment professionals.
Team up with us passively, without the need of being actively involved in the process of acquiring, developing and managing a property yourself. Enjoy substantial returns on your investment while taking advantage of its multiple tax benefits and more importantly, contribute to the positive growth of emerging communities.
Contact us to find out about our strategies and opportunities.
Our dual commitment is creating safe and well-maintained communities for our residents while building generational wealth for our investment partners. Get in touch with us to explore how you can become part of this impactful solution.
The net positive cash flow from your property is one of the most exciting benefits of passive investing in multifamily
New development captures a higher and faster appreciation over it's value add relatives.
Your investment can purchase more through the conservative use of leverage
Multifamily real estate has outperformed the stock market with less volatility
There are as many as 8 tax advantages to owning multifamily real estate
Owner equity increases as debt is paid off by rental income
Most large US cities have significantly more renters than homeowners and all signs point to this trend continuing.
Millennials do not want to be tied down with homeownership and many have large student loan debt making home ownership more challenging. This is why a large majority of Millennials are renters.
Baby Boomers who are retiring at record breaking numbers are often cashing out of their homes to aid in their retirement accounts and downsizing into rental properties. They also like to be closer to services, have less home maintenance and like the age friendly features in many complexes. This trend towards renting is expected to continue.
CREN Capital creates syndications to buy multifamily properties. We pool together capital from multiple investors to purchase larger multifamily properties. We locate land, develop, manage, and ultimately sell the property.
Our team does all the work while you receive monthly checks which include your preferred return and profits from the property.
Want to have your money working for you, instead of you working for your money.
Want to create legacy wealth for you and your family.
Would like to invest in real estate but do not have the time with your full-time job.
Know that you will not be able to retire to the life you want from just your 401(k).
Do not have the knowledge or expertise or even the desire to do this yourself.
Have concerns about the volatility of the stock market.
We focus on markets that have population, income and jobs historically trending up. We look for employment diversity
When we locate a property with development potential, we perform exhaustive and careful due diligence.
We carefully create a comprehensive business plan for the property
After our extensive due diligence and acquisition of the land. We go through the process of entitlement and permitting.
Develop the asset in a similar time-frame than most operators add value to their assets. With a big difference: in this asset, everything is new.
We normally perform a cost segregation study to accelerate the depreciation to maximize initial tax benefits.
We incorporate bonus depreciation wherever possible.
We utilize the 1031 tax deferred exchange wherever prudent.
Once the asset is developed and stabilized, we are ready to cath up the created appreciation by refinancing and returning to investors, most or all of their capital plus accumulated interest.
Our asset management team fine-tunes the operations to run at maximum efficiency. Our investors receive regular performance updates, and monthly distributions of the cash flow.
Different from common value-add deals, on new developments opportunities can be pre-structured with short-term or long term exit strategies in mind to ensure they align with our investors needs and desires.
First step is to fill out our short Interest Form.
We will discuss your investing goals and see if we’re a fit for each other.
We will guide you through the entire process.
We do the work while you relax and enjoy passive income and wealth building.
