Global Switch

Real Estate Technology, Real Estate Investment

reAlpha | October 07, 2022

reAlpha, an AI-powered real estate technology and investment company with a goal to empower everyone with the ability to invest in the $1.2 trillion global short-term rental (“STR”) market, is pleased to announce the launch of its in-house brokerage, reAlpha Realty, LLC, a subsidiary of reAlpha Asset Management, Inc. (DBA reAlpha Homes). Operating out of a new office in Miramar, Florida, reAlpha Realty is led by Designated Broker Jorge Aldecoa, who serves as President of reAlpha Home...

Real Estate Investment

NexPoint | May 20, 2022

NexPoint Advisors, L.P., a multibillion-dollar alternative investment platform, announced the formation of a new NexPoint advised real estate investment trust (REIT). NexPoint is partnering with HomeSource Operations, LLC to acquire, build, and operate single-family rental homes in the REIT. The new NexPoint advised REIT will target both existing SFR homes and new construction build-to-rent homes in high-growth markets. In acquiring existing SFR homes, the new NexPoint advised REI...

Cision PR Newswire | February 19, 2020

Lily Funds, through its affiliated company New World LLC, has announced the successful sale of a 5.25-acre property along Las Vegas's "Resort Corridor."The sale of 5051 Las Vegas Blvd. for $21 million, to Shopoff Realty Investments and Contour Real Estate, closed Feb. 14. The buyers plan to develop a new 450-room hotel, to be branded and managed by the Dream Hotel Group. Both buyers are based in California. We are pleased to not only complete the successful sale of the property and...

WORLD PROPERTY JOURNAL | February 13, 2020

According to Transwestern's latest national report on the U.S. industrial sector, between the first quarter of 2010 and the fourth quarter of 2019, the U.S. industrial market experienced occupancy gains of more than 3 billion square feet. In the most recent quarter, 58.6 million square feet of absorption contributed to that total. Meanwhile, the U.S. average asking rental rate climbed to $6.38 per square foot in the fourth quarter, peaking for the third straight year. Five markets, including...