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How to make a deal out of any situation! Peter McLoughlin of Boston Property Development
Peter will discuss the local real estate market & lending conditions! What You’ll Learn:
· What your "value-added" propositions are, and what they are worth in the overall context of a real estate development opportunity
· Deal structuring based a person's "value-add"
· Capitalize Rate and Return on Investment
· Residential repositioning : what is it, how to do it and real life examples
Mr. McLoughlin specializes in acquiring under-utilized real estate assets and unlocking its value by developing the property to its optimal use. In the early to mid-2000s, Peter’s business activities were primarily focused on redeveloping multi-family buildings for sale as condominiums. Over this period, Mr. McLoughlin converted 23 buildings into 76 condominium units generating over $34 million in sales revenue.
Beginning in 2005, Peter adjusted his strategy and began focusing on retail and residential rental properties. Peter acquired over $40 million in properties consisting of 32 commercial units and 129 residential units. Peter leveraged his core competencies in financial analysis, zoning code analysis, construction management and property repositioning to maximize the net operating income of his rental portfolio. In today’s upward trending market, Peter is purchasing a balanced combination of condominium conversion and rental properties in the Greater Boston area.
Thursday, April 18, 2013, 5:30 pm Networking, 6:30 pm Meeting
Crowne Plaza Boston—Newton, 320 Washington St., Newton, MA
Free for members; $25 for non-members