
Expertise
Multi-family
The multi-family market continues to prosper as changes in housing needs pushes demand for all types of product. Investors are seeking opportunities all along the investment spectrum, taking advantage of the impact of a lag in new construction / available inventory. Record low interest rates combined with increasing rents are driving down cap rates while enabling investors to see relatively outsized returns on appreciation, especially in the emerging markets.
OFFICE
The needs of tenants, primarily their employees, is driving today's office market. Companies can no longer accept the status quo in order to drive down the bottom line on occupancy costs. From urban high-rise, too suburban mid-rise, and small woody wall-ups, the trend is for more creative, open planned, amenity rich environments to meet the demands of a younger work force. Investors are weighing the relative risk vs return implications in adopting this new format as companies continue to evolve and look to expand by attracting best and brightest talent.
INDUSTRIAL
The industrial market, primarily warehouse distribution, has long been the beneficiary of an ever increasing consumption based US economy. As the ports expand to accept more TEU's so must the warehouse distribution market. With vacancy rates at all-time lows and a relatively anemic pace of new construction, demand for this preferred asset class will continue to drive pricing upwards with yields remaining at cyclical lows. On the contrary, the continued loss of manufacturing jobs to increased regulations and cheaper labor elsewhere has put less demand on older manufacturing buildings creating an opportunity to re-purpose what little of this real estate we have left to a higher and better use.
Senior living
Senior Living is an emerging niche asset class blending multi-family utility with hospitality and health services. This high growth industry is driven by the dramatic shift in demographics over the next 30 years. The physical real estate consists of specialized product evolving to meet generational demand preferences and needs. Identifying the right experienced and well capitalized operator to manage the day-to-day business is the single greatest factor impacting a communities success. Investment in Senior Living offers a diversified mix of opportunities across the risk/return spectrum. AgeWell Senior Living Advisors, a subsidiary of Kane Realty Advisors, Inc., is focussed on improving the lives of seniors by identify new and creative ways to add value and overcome the challenges of developing, owning and operating Senior Housing communities.