The Sud Group

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This City is a Boon for Real Estate Investing, Even During a PandemicA number of U.S. cities, like Phoenix, are showing market resilience for multi-family apartments.

The Sud Group

Elliott Sud, the CEO of The Sud Group of Companies, is the owner, developer and operator of high quality real estate assets, which include a portfolio of multi-family residential and commercial properties in the Toronto and Phoenix markets, established over 60 years ago.

Sud shares some of his insights and experiences below.

"Individuals don't always realize they can gain exposure to the benefits of owning real estate without the biggest risks of being a landlord. Our investments offer just that even in this pandemic where the U.S. is struggling on so many levels, as we are currently witnessing with Covid" says Elliott Sud. "A very small number of U.S. cities, like Phoenix, Ariz., has bolstered confidence with new multi-residential developers rushing into Arizona, both before and now during the pandemic. This includes Miami-based The Related Group (one of the largest apartment owners) and Tides Equities, out of California." The developer states, Multi-residential living offers a safe haven in Arizona, as they have witnessed major growth in-migration.

Sud says that with some of the fewest job losses during Covid, Phoenix is now a continued haven for businesses seeking more affordable costs, households seeking lower costs for homes, along with attractive lifestyle amenities, and, of course, a warmer climate.

According to a recent report, Phoenix posted the lowest unemployment rate out of the 15 largest U.S. metro areas again in September, the second straight month Phoenix had the strongest employment recovery. Recording the lowest number of net jobs lost since the onset of the pandemic, the report says that Phoenix is "ideally positioned to continue on a high-growth path drive by heightened net migration, abundant employment opportunities, and relative affordability."

Sud is passionate about investing in the Phoenix market, as over the decades, Phoenix has drawn billions of real estate investments that have grown in tandem with the large corporations that have set up headquarters or regional hubs in the area, including Wells Fargo, Bank of America, ADT, US Airways, Boeing, Mayo Clinic Hospital and Intel. "With many prominent companies arriving monthly here, we strategically located our developments near this corridor." Says Sud, who is about to launch his 10th project in the Phoenix market. Sud strongly believes in what he preaches, and therefore invests millions of his own dollars in projects he builds.

That 10th investment opportunityis in an established part of Phoenix. It shall be part of a rare infill that shall include a brand new 286 unit apartment complex called, "The Village of Thunderbird." It shall contain a large outdoor swimming pool, large indoor fitness center, movie room, and dog wash area, along with all the latest recreational areas and outdoor barbeques for residences. It is part of a master-planned community along with the newly expanded and established "Arizona Christian University" with approximately 850 students. We are confident that this shall once again achieve a projected return to Investors that they will be very pleased with by the end of approximately four years.

"One of the newest developments I always get asked about is the 'smart city' announced by Bill Gates," Sud says. A few years ago, Gates announced the purchase of 24,000 acres 45 minutes west of downtown Phoenix, which will be transformed into a community of 80,000 homes with new technology. Sud says, "These are the types of mega-developments that have forecast Phoenix to become the 4thmost populous city in the U.S. by 2020, driven by noticeable immigration of over 100,000 people."

The prospects for growth make it an exciting time to develop real estate in this city. In the past decade, Phoenix real estate appreciated by 37 percent, with an annual appreciation rate of 5.5 percent over the last year. This correlates directly to the job growth in the region and especially the affordable cost of living.

Check out some of ourrecent projects我们的投资者提供良好的回报我n an approximate four year time frame.

The Escape is an urban apartment complex in the Biltmore area of Phoenix. This project gave investors an annualized ROI of 18 percent and a net equity multiple of 1.77.

The Boulevard in Phoenix was a great retrofit for our investors. They saw an annualized ROI of 27 percent and a net equity multiple of 1.84.

The Aspera is another suburban apartment complex in Phoenix where investors more than doubled their money (2.35 net equity multiple), with an annualized ROI of 39 percent.

Our Bayside project was another home run with a net equity multiple of 1.67 and an annualized ROI of 21 percent.

Sud says that Phoenix has matured over the past decade, and its market resilience are capturing the attention of developers and investors. The drivers that fueled demand in Phoenix before the pandemic now return stronger than ever, as people look to escape dense and expensive cities for a more affordable and quality lifestyle.

Everybody is looking for a way to generate solid yet conservative returns these days. Family multi-residential development is one of the safest ways to do that. All we require is a $100,000.00 minimum investment, and The Sud Group will do all the heavy lifting for you, helping you to start real estate investing safely and profitably, in a great City too.

For more information on our latest project, you cancontact Elliott Suddirectly at 416-820-9000. https://www.instagram.com/suddevelopments/

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