Why Inflation Might Not Be So Bad For CRE

This week, on “The GowerCrowd Real Estate Crowdfunding Newsletter,” we’ve got two new deals you should check out, including 2300 9th Street on RealtyMogul, a to-be-renovated, boutique office asset located in the desirable Columbia Pike neighborhood of Arlington, VA. We’ve also got the Society Nashville project from CrowdStreet, a Society Living-branded multifamily tower in one of Nashville’s hottest neighborhoods, The Gulch. 

We’ll also see what CrowdStreet CEO Tore Steen has to say on inflation, check out CalTier’s new technology capabilities, and we’ll review a new episode of The WEInvested Podcast entitled: “DiversyFund: Investing in Multifamily Real Estate ft Craig Cecilio.” 

Let’s get into it.

New Crowdfunding Platform Deals

First up is 2300 9th Street, a boutique office asset in the NoVA area in Arlington, VA. The project sits in the very desirable Columbia Pike neighborhood and has proximity to the major DC suburbs like Vienna and McLean, VA. It sits in the Beltway and is a close drive to many executive housing developments in Virginia and DC, making it a prime location for Government or contractor-related businesses in the region. 

2300 9th Street has an estimated hold period of 3 years, a target IRR of 15.2%, a target equity multiple of 1.53x, and an estimated first distribution in December of 2024. Learn more about this DC-adjacent boutique office project on RealtyMogul, here.

Next is Society Nashville on CrowdStreet. This project was brought to life by a well-known national developer, Society Living. Their branded multifamily tower sits on one of the last major developable parcels in the hot Nashville neighborhood known as The Gulch. 

As of writing, the project is not yet open for funding, but the sponsor, Property Markets Group, is holding a live webinar and Q&A session on Wednesday, July 27 at 1:00 PM PT. If you miss it, no big deal, you can watch a recording via the same link. Register today.

General Crowdfunding Industry News

Unless you’ve been under a rock for the past few quarters, you’re probably somewhat worried about inflation. CrowdStreet CEO Tore Steen recently sat down with writer JD Alois at Crowdfund Insider to discuss how a moderately rising interest rate environment can be good for the commercial real estate industry as a whole. 

Steen also discusses his thoughts on where he sees value in a challenging economy, if we’re currently in a bubble or not, as well as what the future holds in store for CrowdStreet. It’s an illuminating conversation, which you can read (or listen to) on Crowdfund Insider, here.

Crowdfunding Platform Updates

Fintech crowdfunding platform CalTier recently announced a major upgrade to its tech capability with the hires of two heavy hitters to the firm’s advisory counsel, Ash and Vish Mehta of Mehta Ventures. Of the hire, CalTier Founder and CEO Matt Belcher remarked: “Their vision and experience will help CalTier grow its technology so that we have a best-in-class platform. We already feel that our real estate and customer service is one of the best, and now with the technology piece, we can push on to be the dominant player in the crowdfunding market.”

CalTier is a California-based crowdfunding firm that prioritizes a wide base of users with access to direct and fractional investments in productive real estate. Continue reading on Yahoo Finance, here.

Multimedia Links (Videos, Podcasts, etc.)

As always, we’ll finish with a look at a couple of media options you can listen to in the car, at the gym, in your office., or wherever you want really. The folks over at The WEInvested Podcast spoke with Craig Cecilio, Founder, and CEO of crowdfunding platform DiversyFund. 

This social equity-oriented platform aims to democratize real estate investing and give more Americans access to what we all want- the fulfillment of the American Dream. In this podcast, Cecilio discusses his take on multifamily investing in 2022 and beyond. Give it a listen for yourself here.

Most of us dream of passive income, but few of us are able to make the move to a completely passive income stream. W2 workers, in particular, find it hard to accumulate enough investment assets to make that dream a reality. In last week’s episode of Click AI, the host sits down with Christopher Nelson, a Silicon Valley tech executive. 

They discuss several ways investors can create passive income, including with crowdfunded real estate assets. It’s a great resource for anyone looking to one day live off of their investment assets- check it out on Listen Notes here.

That’s it for this week, but we’ll be back next week with all of your favorite crowdfunding news stories, new deals, podcasts, and more. Ciao.