• When The Developer Comes to Town

    Apartments are the cash cow!

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    This is a short clip of a three hour hearing in my town. The people are given five minutes to ask questions and make statements. This was my five minutes to speak and the developer’s response.

    When a developer comes to town like, Daniel E. Bertram, of Bright Raven Development LLC, which is registered in Puerto Rico, and part of a conglomerate of businesses, from BRT DiMarco, BRT Sconset, to BRAINERD HOLDCO, LLC, he stands to make a goldmine as the largest rental property owner in town. The sad reality is the citizens are left with the bill. Nowhere is this more obvious than with the apartment business. The multifamily housing industry is predatory. It hurts towns and the local people it builds and develops in. In my small town, the developer has been playing cat and muse. When I asked my question I finally got the truth:

    “530 units were laid out for the site. This is one of the best affordable housing sites I’ve ever seen. The utilities are there, no wet lands. All kinds of things.”

    Daniel E. Bertram

    The good citizens of Connecticut must understand the battle we face to save our local voice. Connecticut is under a developer boom. Towns across the state are seeing giant multi family complexes rising at an exponential rate. These new constructions will drive up property taxes. The developers are making millions of dollars a month and becoming the largest rental property owner in the state. Blackrock is the new landlord, this is not hyperbole.

    "The multifamily housing construction (apartments) market size has grown strongly in recent years. It will grow from $816.88 billion in 2023 to $887.81 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to demographic trends, economic conditions and urbanization, interest rates and financing, rental market dynamics, social and cultural shifts. The multifamily housing construction (apartments) market size is expected to see strong growth in the next few years. It will grow to $1265.59 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%."

    When the Citizen is the Commodity!

    Full podcast:

    Multifamily Industry Report https://thebusinessresearchcompany.com/report/multifamily-housing-construction-apartments-global-market-report

    Multifamily Housing Industry


    Multifamily Investment

    https://gatsbyinvestment.com/invest/multi-family-development Why Multifamily Housing Will Dominate the Future of Real Estate https://commercialobserver.com/2017/12/why-multifamily-housing-will-dominate-the-future-of-real-estate/ https://coolspring.info/home

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    Jennifer Sparks aka J.Cherry

    Jennifer Sparks aka J.Cherry is an independent journalist, radio host, and producer. On the airways she was known as J.Cherry where she produced a popular local radio show, VOICE of the CITY, airing on WESU 88.1FM. There she conducted in depth and candid interviews with artists, politicians, authors, activists, scientists, and community leaders. In 2020 Jennifer left WESU to pursue an independent podcast where she could freely talk about controversial subjects. A mother and wife before being a journalist, she felt compelled to break free and dig into medical freedom, government policy, parental rights, public health, corruption, and big pharma. Over the years Jennifer has been published in local newspapers as a freelance writer. Frustrated with being censored and not being able to publish the stories she felt were important and under reported, she began her own blog. Her work can be found at jcherrrypresents.com and on Substack https://jcherry152.substack.com/.

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