Employees lead the shift from primary and secondary cities to more affordable and livable areas with the rise of hybrid work environment, according to Graceada Partners in its The Emergent Value of Third City Markets report, which ranks tertiary markets that represent strong potential for real estate investment.
Read MorePrimary markets (such as Chicago, Los Angeles, New York and San Francisco), and hot secondary markets (such as Austin, Charlotte, Denver and Phoenix) have gotten crowded and expensive when real estate assets are performing well, begging the questions: How much money is being left on the table in tertiary markets? What are the challenges to investing in these markets, and how are they best evaluated and accessed?
Read MoreTraditionally an underserved segment of the housing market, Class B apartments — underpinned by strong fundamentals and outsized demand — are an attractive investment opportunity, one potentially more compelling than high-end Class A units.
Read MoreFor Graceada Partners, a value-add investor which has been operating in secondary and tertiary markets in California since before the Covid-19 pandemic, gig economy and freelance workers are institutionalizing these outpost economies. NAREIM speaks with Ryan Swehla, principal and co-founder, on the opportunities that have led to the firm’s reported net IRR of 67% and net equity multiple of 1.94 across nine realized assets.
Read MoreGraceada Partners, a California-based real estate private equity firm, has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). They join an exclusive group of corporations from more than 130 countries around the world who pledge to incorporate ESG initiatives into their investment decision-making.
Read MoreA virtual, digital, and information-oriented economy comes with consequences: People can work wherever they want and the work they do takes less time because they have the technology aiding every step of the way…
Read More“The secular shift in how we work, live, and think about our life is opening opportunities in outpost economies around the U.S.,” says Graceada Partners in a new report. These are defined as smaller cities with a quality of life that draws workers who have become untethered from their current living situation or location.
Read MoreRyan Swehla, co-founder and principal at Graceada Partners, discusses how new hybrid work models and shifting attitudes have prompted moves to secondary and tertiary markets with a high quality of life. (01/2022)
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