Sponsored: Bell Capital Founder Enters San Diego Real Estate Market
Victor Bell, founder and CEO of Bell Capital, is a real estate investor with over 20 years of experience. After brokering more than $57 million in real estate deals across seven states, Bell says he’s finally found a home here in San Diego County.
When asked why he chose California, Mr Bell said: ‘After 17 years in Hawaii, it was time to relocate and grow my real estate company. We’ve had great success, but my team and I are excited about our next goal of building a billion-dollar real estate portfolio in San Diego. Plus, with San Diego’s quality of life and weather, my family is also happy.
Mr. Bell is right to like the San Diego market because of the recent housing boom shared with much of the country. Business experts like Marcus & Millichap, CBRE, and JLL continue to rank San Diego as one of the best housing markets in the United States.
Mr Bell said: “There is much to be excited about here. Employment is up, the rental market has always been strong. Additionally, the Fed kept long-term mortgage rates low.
“I also believe that finding great, affordable rental housing in this country will continue to be a driving force for the next 20+ years. The United States is becoming a tenant nation,” he added. “With that in mind, we are here for the long haul. We are looking to add 4,000 West Coast units to our portfolio, with a target of over $1 billion AUM. Our investments will provide homes for thousands of families and employ hundreds here in the local economy.
“I’ve been through three major real estate cycles, so I have a lot of experience selecting the right assets, mitigating risk, building the right team and delivering long-term returns to our investors,” he noted.
At the time of writing, Bell Capital has launched a real estate fund for accredited investors. Mr. Bell and his team are busy scouting for properties in San Diego County, making offers and raising capital.
When asked what assets he was focusing on, Mr. Bell said: “Bell Capital will focus on institutional-grade apartment communities in San Diego County. In my experience, institutional-grade, income-generating assets in irreplaceable locations have been a solid investment vehicle, regardless of market conditions.
“Within our portfolio, we focus on specific market and property indicators based on our investment strategy. And as a newcomer, I can see what local investors can’t see anymore,” he said.
“So we’re finding good deals in our sweet spot for apartment communities between 80 and 200 units. Accredited investors invest in deals like these – they tend to provide reliable and stable returns over the long term.