Welcome to the Candor Realty

News & Events Page!

Each month, we will share our newsletter in the categories menu on the right!

 

·       Simplified Real Estate Investment Meetup Calendar with Links

·       Local Professional Highlight

·       Client Review / Story

·       Multi-family Market Analysis

 

Here is an overview of what you can expect to see in each section!

 

Simplified Real Estate Investment Meetups – Each month there will be an updated list of all the meetups scheduled. There will be links for corresponding Facebook events and BiggerPockets events. Please feel free to RSVP and share! Want to know more? Here you will find information as to what these networking events are all about!

 

Local Professional Highlight – Here we will feature a local professional in the real estate industry. This person will share his or her story and experience in the REI world!

 

Client Review/Story – This section will give clients an opportunity to share their experiences of working with the Candor Realty Team! We like to call this section, “Spilling the Tea.” If you would like to be featured in this section, please do not hesitate to reach out! We would love to hear from you!

 

Multi-family Market Analysis – The purpose of this section is to share with you Jon Bombaci’s professional analysis of the multi-family market on a monthly basis. This section can also be found by clicking the tab on our home page!

Thank you so much for visiting!

Happy reading!

May 11, 2022

Client Review May 2022

Real Estate Investor Chris van der Loo left a review and this is what he had to say! 

 

Kyle was our agent when buying our first duplex to house hack. He was extremely knowledgeable, relaxed, and confident at every step of the process. He was always willing to help whenever we had questions or anxieties. If he didn’t know the answer to a question, he would quickly get us in touch with someone who did. Kyle made a new, potentially stressful process incredibly easy and fun. I would strongly recommend having Kyle as your agent for any real estate purchase!

 

May 10, 2022

Guest Speakers May 2022

     

Matt Damon

INVESTOR

Worcester Meetup 2/16/22

He shared his fix-and-flip experience

 

Lesley Kuffour

CO-FOUNDER OF a RESIDENTIAL RE INVESTMENT COMPANY

Waltham Meetup 2/17/22

He talks about his experience as RE Investment company co-founder

May 10, 2022

Local Professional Highlight May 2022

INTRODUCING KYLE CURTIN

Investor – Real Estate Advisor

 

Kyle is one of our team members, if you want to read more about his RE journey please click here

April 11, 2022

Local Professional Highlight April 2022

INTRODUCING TODOR IALAMOV

Team Leader- Investor – Real Estate Advisor- Property Manager

 

Todd is one of our team leaders, if you want to read more about his RE journey please click here

April 11, 2022

Guest Speakers April 2022

David Cassavaugh

OWNER OF ADVANCED HOME INSPECTION, LLC

Manchester Meetup 1/20/22

He shared his extensive knowledge on being a 203k consultant, and navigated in detail the differences between loans. 

 

Katy Long

REAL ESTATE INVESTOR

Lowell Meetup 2/10/22

She walked us through her fix and flip experience

April 11, 2022

Client Review April 2022

Real Estate Investor Lisa Asselin left a review on BiggerPockets and this is what she had to say! 

 

Great experience with Todor of Candor Realty

After doing some reading on the BP forums, I connected with Candor realty to help me walk through the process of purchasing my first investment property. They were very responsive, with smooth running systems in place; this had me connected with Todor within a day for a conversation on my goals and his recommendations. He was able to sort through my goals, reframe what I had learned to be applicable to the local market, and refine my search to new criteria for success. He gave me the direction and tools to continue my search and was available daily for me to text or call with what I was seeing to make sure I was looking at deals through the right lens. As an investor himself, it was really helpful to have his insight on the local market, rents and tenants. My goal was not just to purchase an investment property, but to learn the right recipe for success and build a portfolio. After speaking with a few agents, I was confident he was the one I wanted to work with because of his genuine support and coaching - and it was clear that the support and coaching would not end after I signed papers to purchase a house. In every conversation, he was transparent in offering feedback, corrections to my assumptions, contacts to build my team. He was available on short notice to walk through houses and write up offers. I am excited to have closed on my first investment property today. Because of his coaching, I am very confident in the deal (it appraised 57k higher than our accepted offer) and confident in next steps to make it a success! I highly recommend him and look forward to working with him on my next

March 8, 2022

Guest Speakers March 2022

 

Dan Milinazzo

REAL ESTATE INVESTOR

Lowell Meetup 10/14/21

Dan reminds us that good things take time. Real estate is no different.

 

 

Steve Pascoe

REAL ESTATE INVESTOR

Lowell Meetup 10/14/21

Steve emphasizes that if you want to be successful, you need to build a strong team

March 8, 2022

Client Review March 2022

Real Estate Investors Brandon Cormier left a review on BiggerPockets and this is what he had to say! 

 

Matt was amazing to work with! Exactly what I was looking for when it came to an agent to help with my first investment. He is very knowledgeable and passionate about helping people achieve financial independence through real estate, and he was always there to help if I had a question or problem. 10/10 would recommend Candor Realty!

March 8, 2022

Local Professional Highlight March 2022

INTRODUCING MATT PERIMIAN

Investor – Real Estate Advisor

 

Matt is one of the agents in our team, he is a savvy investor himself, if you want to read more about his RE journey please click here

Feb. 28, 2022

Investments

Overview: Candor Realty and our subsidiaries own, manage, and operate more than 200+ units in New England area. Our mission is to find distressed properties that are in need of significant improvement and focus on value-add renovations. We enjoy taking a property that is currently being under utilized or the "worst property on the street" and turning them into something that the community can be proud of.

If you are interested in learning more or have a project for us to consider please click on "Contact Us" in heading above. 

 

Residences at Drum Hill

Candor Realty and Millennium Holding Group are pleased to announce the acquisition of Residences at Drum Hill, a 132-unit multifamily apartment community located on the Lowell/Chelmsford line in Massachusetts.  This property consists of (3) residential buildings with a desirable mix of one and two-bedroom apartments.  It’s a well-maintained property located minutes from major interstates with a long history of high occupancy and has been owned and operated by the same owner since it was built in 1980. The property was purchased for $20,000,000 and appraised a $21,500,000 "as-is". The team is excited to be starting with so much equity and is looking forward to updating the units and increasing value for the investors involved. Click this link to find out more about this project or to subscribe to be notified of any future opportunities https://millenniumhg.wordpress.com/

 

TP1 & TP2 Portfolio

Candor Realty purchased 35 units over 13 properties in Fitchburg, Leominster, and Framingham as 1 large commercial package for $2,710,000 in September 2020. We had them appraised separately as individual residential properties, since only 1 of the buildings had 5 units and the rest were 4 apartments or less, which resulted in significant equity on day 1. 

B-Lands

Candor Realty purchased 23 units over 8 properties in Leominster and Fitchburg as 1 large commercial package for $1,850,000 in March 2020 during the height of COVID. We had them appraised separately as individual residential properties, since they were all buildings with 4 apartments or less, which resulted in significant equity on day 1. 

Lowell Housing Authority Portfolio

Candor Realty purchased 12 units (9 unit and 3 unit) and assisted a few clients with purchases of 3 other multi-family properties from the Lowell Housing Authority through a city wide, HUD approved, RFP process. The results were a very favorable experience for everyone involved including the housing authority, the purchasers, and the subsidized tenants that were inherited with the buildings. We are in the process of updating the buildings we purchased and helping our clients with updates in their buildings as well which has resulted in significant improvements in the surrounding neighborhood. 

Misc.

Candor Realty owns a few other multi-family properties in Fitchburg, Ayer, Connecticut, and New Hampshire, with partners. All of them are purchased with significant value-add opportunities which has been the target of our existing portfolio. 

 

Posted in Investments