Intercontinental HotelLos Angeles, California 11:13 A.M. PDT THE PRESIDENT: Thank you, Mr. Ambassador. Thank you all so much. Please, have a seat. I’ve only been President about a year and a half, but every time I walk in a room and everybody stands up, I think there may be a […]
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LUSIX Completes $90 Million Investment Round from LVMH Luxury Ventures and Other Key Investors
REHOVOT, Israel–(BUSINESS WIRE)–LUSIX, a leading producer of lab-grown diamonds (LGD), today announced that high-profile investors, including LVMH Luxury Ventures, Ragnar Crossover Fund and More Investments, have completed an investment round of $90 million. The Company will use this investment to fuel its growth initiatives, notably the expansion of its production […]
SK Investments, Lansing Housing Commission deal draws ire from public
As the Lansing Housing Commission moves forward with the sale of about 200 public housing sites, local activists and city officials are raising concerns about selling to an out-of-state real estate investment firm. Lansing Housing Commission Executive Director Doug Fleming said the housing commission will be able to increase the amount of affordable […]
Pre-Construction Vs. Resale: The Best Real Estate Investment
paulbr75 / Pixabay There are many different options for investing in the real estate market. You can invest in pre-construction properties, existing properties, or even REITs. So, which is the best option? That depends on your situation and goals. This blog post will compare and contrast pre-construction vs. resale investments […]
Five Ways Technology Is Changing The Face Of Real Estate Investing
CEO and Co-Founder of Mashvisor, a real estate data analytics company which helps even beginners make profitable investments in minutes. getty The real estate industry is rather traditional, historically dominated by a few large corporate stakeholders, imposing major barriers to the entry of smaller, individual players. However, even the biggest […]
Second Home, Investment Property Prices Surge in Top Markets
As remote work prompted many Americans to relocate during the pandemic, housing costs soared in second-home hotspots even more than the rest of the country, according to a new report from Redfin. Average rental prices rose 17.1% year-over-year nationwide to $1,893 in popular second-home markets in April. That’s compared with […]
Commonwealth Home Health Care announces $3.5 million investment, 26 new jobs | Govt. and Politics
Commonwealth Home Health Care on Wednesday announced plans to open a new operation in Blairs and bring 26 new jobs. The company plans at least $3.5 million in capital investment to renovate an unoccupied warehouse in a phased process. The new space will be used for operations, training and equipment. […]
Milwaukee school converted to affordable housing through HUD program
A newly constructed slate, white and rust-colored building on Milwaukee’s near north side will now feature 82 units of affordable housing in place of the former Phillis Wheatley School. The former school, at 2442 N. 20th St., was the location of a $22 million redevelopment project utilizing low-income housing tax credits and $400,000 in HUD funds through […]
Walton Global Announces $100 Million Builder Land Financing with Fortress Investment Group
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Walton Global, a real estate investment and land asset management company with US$3.6 billion under management, is pleased to announce the closing of a $100 million facility provided by affiliates of funds managed by Fortress Investment Group LLC. The funds will be allocated to Walton’s builder land financing […]
How The Real Estate Industry Can Simplify The Investment Process
Michael is Chief Executive Officer of Kiavi. getty For generations, real estate has proven to be a successful way to build wealth in America. People buy a home, often build equity over time, then sell their home. CNBC reported in December that close to 95,000 homes were flipped in the […]
What Is The BRRRR Method In Real Estate?
If you’re interested in residential real estate investing, you may have heard of the BRRRR method. The acronym stands for Buy, Rehab, Rent, Refinance, Repeat. Similar to house-flipping, this investment strategy focuses on purchasing properties that are not in good shape and fixing them up. But instead of reselling for […]
House panel investigating Jared Kushner over Saudi investment with private firm
The House Committee on Oversight and Reform on Thursday announced a probe into an investment by the government of Saudi Arabia into a private investment firm managed by Jared Kushner, the son-in-law of former president Trump. Rep. Carolyn Maloney (D-N.Y.), the chairwoman of the House panel, said in a news […]