Back Bay Investment Group

We buy Multi-Family value-add and development projects in California and in major US Metros

[Back Bay Investment Group @backbayig_com]

@ScottPresler Thank you Scott!

[Back Bay Investment Group @backbayig_com]

📉 San Diego apartment rents dropped 0.1% in June, ending a five-month streak of increases. This is the first time in a decade that annual rent growth has turned negative. Landlords are now facing new challenges in the rental market. 🏠

Details below: https://t.co/W6s4LinGZe

[Back Bay Investment Group @backbayig_com]

📣Beverly Hills is being sued for rejecting a proposed affordable housing project. This legal battle underscores the growing use of California's builder's remedy law to address local resistance to new developments.

Click link below for more details:
https://t.co/zdyrmgotDN

[Back Bay Investment Group @backbayig_com]

🚧Trammell Crow Residential has just opened the largest project in San Gabriel Valley—the impressive Alexan Marmont! 🌟🏢 This new 436-unit development arrives as overall construction slows. 🏗️ #RealEstate #AlexanMarmont

Click link below for more details:
https://t.co/mNeTRaCR3c

[Back Bay Investment Group @backbayig_com]

📉Los Angeles County’s multifamily construction is slowing down, sparking worries about future rental market shortages. 🔍 What does this mean for renters? Stay tuned! #LosAngeles #HousingMarket #RealEstate

Click link below for more details:
https://t.co/tntsFJiO2N

[Back Bay Investment Group @backbayig_com]

📉🏢 Multifamily sales in Greater Los Angeles are slowing down, affected by high debt costs and new transfer taxes. 💰 #RealEstate #LosAngeles #Multifamily

Click link below for more details:
https://t.co/XA7bEajfH8

[Back Bay Investment Group @backbayig_com]

🏢✨ Millennium PQ has sold for $167 million, making it California's second-largest multifamily deal of 2024! With 331 luxury units, this San Diego property achieved a record-breaking sale, reflecting strong demand in the market.

Click link more details:
https://t.co/EQuZkvjpHG

[Back Bay Investment Group @backbayig_com]

🏢 San Diego's apartment development stays strong! Despite market challenges, over 1,000 new units broke ground in Q2 2024. Major projects like Midway Rising are moving forward, though some delays are expected. 🌟

Click link below for more details:
https://t.co/Uxy04uwuX1

[Back Bay Investment Group @backbayig_com]

@elonmusk Commie bastards

[Back Bay Investment Group @backbayig_com]

🏝️ Just in: A Laguna Beach multifamily property has sold for $9 million, setting a new record for per-unit prices in Orange County! 🌟 Marks a significant milestone in the local real estate market. 🏘️💰

Click link below for more details:
https://t.co/d7Hn4HnUlG

[Back Bay Investment Group @backbayig_com]

New study reveals California's construction defect liability law is slowing down condo development. The law, which gives owners up to 10 years to file suit, is impacting the rate of new projects. 🏢🔍

Click link below for more details:
https://t.co/GV9rh0KSQF

[Back Bay Investment Group @backbayig_com]

@elonmusk @MickeySteamboat @Noahpinion @WSJ Elon, this is Twitter 2.0 the Democrats have effectively learned they can buy any election. You have to decide if democracy is worth the price. You know what is at stake. They took your son and they are taking our sons and our daughters too. We need you more than ever.

[Back Bay Investment Group @backbayig_com]

@TomiLahren 10 for the big guy

[Back Bay Investment Group @backbayig_com]

@elonmusk 💯

[Back Bay Investment Group @backbayig_com]

Is this the upswing we've been waiting for, or is it a false start? We think there’s plenty of reasons to be optimistic about the real estate market, we're watching closely!

Click image below for more information:
https://t.co/HKo65lni30

[Back Bay Investment Group @backbayig_com]

Real Estate Investors are all over Los Angeles, but is it just a safe bet or are we missing out on other opportunities? We are bullish on LA!

Click image below for more information:
https://t.co/Asdxu5Lag0

[Back Bay Investment Group @backbayig_com]

@TreeHouseBrewCo Love to see your beer in stores here in Orange County, CA. Or at least be able to order your beer online for delivery!

[Back Bay Investment Group @backbayig_com]

@ShaunFitzzzy Go Woke. Go Broke.

[Back Bay Investment Group @backbayig_com]

@ShaunFitzzzy Woke shareholders BlackRock and Vanguard want to put DEI in place. They also happen to be the teo biggest shareholders. There’s a vote on 6/13 at the annual shareholders meeting. Go woke, go broke. RC wants to avoid this at all costs.

[Back Bay Investment Group @backbayig_com]

@DominosJack Woke shareholders BlackRock and Vanguard want to put DEI in place. There’s a vote on 6/13 at the annual shareholders meeting. Go woke, go broke.