Abandoned Schools Garner Top Grades In Adaptive Reuse
For a great many reasons, conversions of abandoned schools should be seen as one of the solutions to the nation’s housing crisis, as the professionals at architectural firm Moody Nolan can readily attest.
Will Crowdfunding for Commercial Real Estate Ever Catch On?
It was all the rage in 2018. It picked up more steam during the pandemic, reaching new frothy heights. New commercial real estate crowdfunding platforms were popping up one after the other in a bid to finance all sorts of transactions. The thought was that by pooling money through small monetary investments from the average Joe or Jane via online portals, this technology could bring commercial real estate to the mainstream investor. Minimum required investments were as low as $100 or sometimes even less. Finally, the mass democratization of commercial real estate appeared to be within reach. The Jumpstart Our Business Startups (JOBS) Act of 2012 paved the way by allowing non-accredited investors to participate in crowdfunding. New firms, some of which did require individual investors to be accredited, came on the scene right away, with RealtyMogul and Fundrise leading the way with 2012 debuts right on the heels of the establishment of the JOBS Act. RealtyMogul is one of the standout success stories, as it has reeled in more than $1 billion on its platform. Fundrise, on the other hand, has gotten out of the crowdfunding game, as have many, many others.
The crowdfunding market for commercial real estate continues to grow in the United States, reaching an estimated value of $11.5 billion in 2022, according to Vantage Market Research. “More and more investors are aware that they can invest in high-quality real estate online and build a diversified portfolio from the comfort of their own home,” said Jilliene Helman,
Read more at Propmodo.
The Dirtiest Corners of New York City
A study examined 311 complaints to isolate the ZIP codes with the most.
Tech billionaires’ secretive plan to build a California city from scratch
The billionaires behind Flannery Associates have bought up more than 140 parcels in Solano County with dreams of ‘a new city with tens of thousands of new homes.’
A 1933 Ship Captain’s House in Seattle Gets an Update
The house, a historical landmark that was built in 1933 with cedar shingles and Douglas fir paneling, receives a respectful kitchen addition.
‘You’re so vain’: The illusion created by vanity metrics
Strategically positioning yourself and evaluating your performance with the metrics that matter will put you ahead of the competition, according to consultant Diana Zaya.
17 Properties in 3 Years Thanks to “Non-Stop Rejection”
Jason Lee owns more rental properties than most full-time real estate investors. But, he didn’t do this by investing after the last housing crash, inheriting millions from his parents, or […]
Freddie Mac names Lillestolen VP of Targeted Affordable Housing
He was recently named a 2023 Rising Star by HousingWire due to his role helping Freddie Mac exceed its affordable housing goals in 2022.
New York AG says ‘mountain’ of evidence against Trump justifies summary judgment for fraud
Donald Trump and the Trump Organization are due to go to civil trial in October in a massive fraud lawsuit filed by New York Attorney General Letitia James.