what is cbd in real estate

What is cbd in real estate

Rental housing continues to be in high demand among both new entrants to the housing market as well as retirees looking for different housing options. In fact, more rental housing is being planned, developed and built than is traditional for sale housing. This growing demand for rental housing is a significant societal trait that only increases the demand in turn for CBD’s business.

Traditionally a developer of “for sale” housing, CBD began acquiring development sites suitable for the planned construction of suburban style rental communities in 2013. CBD also converted much of its current Florida inventory in Pasco and Polk Counties from planned single family home communities to large master planned rental developments. The company is planning several future residential communities for active seniors looking for homes tailored to their needs, young singles looking for town homes, the affluent looking for country clubs and the less affluent looking for affordable housing. Each new project is an exciting adventure that brings new experiences and opportunities not only to the company and its many investors, but also of course to the ultimate end user. We develop today’s projects for tomorrow’s homebuyer. But in today’s economy is everyone destined to be a homeowner? The answer is NO! As such, we closely follow market trends and the ever changing housing needs of families. Since the housing market economy slowly began to recover in 2012, rental housing became preferable to homeownership for many, either by preference or by necessity.

CBD is a real estate investment, development, building, and consulting firm whose specialty lies in the development of single and multi-family residential housing throughout Florida, New Jersey, and Pennsylvania. Since its inception in 1985, CBD Real Estate Investment LLC has been a leader in the development of large scale master-planned communities throughout the Eastern United States. In 2004 CBD expanded to Arizona, Nevada, Texas and New Mexico and today continues to acquire hundreds of acres of land for future development. Now approaching 37 years in business, CBD has developed the location of over 16,000 fine homes. During 2020 – 2021 alone, we developed over 1,900 additional units. Today, we continue to grow.

Growth is not limited to just the rental housing market, however. For sale housing is also continuing to grow at a historic rate, and a number of CBD’s current projects will be sold as single family lots. And still the growth continues. We have a strong appetite to acquire additional development parcels where we can create residential housing projects anywhere from 50 to 5,000 lots.

Deciding where to invest and locate a business can be a make or break decision. In large part it can determine the number of people who find your business, what their economic status is, and even how much the rent costs. Central business districts can be a wonderful location to maximize exposure but do come with some important considerations. Find out if investing in a central business district is right for your real estate business before making the move.

Why investors may want to invest in a central business district

Quality buildings that are designed to meet business needs make finding a suitable location much easier than in other areas of the city. With the close proximity to other businesses and services, your property will be visible to tenants who want convenient access to amenities and essential services for living and working.

4. Easy access

The age-old adage in real estate, "location, location, location", couldn't ring truer here. Having a business in a prime location like a CBD means increased foot traffic and higher demand by tenants and business owners because of it. Investors who purchase property in a CBD may pay more for the real estate, but higher rental rates often compensate for the initial investment.