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VestMunity | June 11, 2016
Yemani Mason identified an accessibility problem related to real estate. Real estate investing to build wealth has not been accessible to many Americans. They lack the networks and required capital to participate. So he launched VestMunity, a new real estate crowdfunding platform for distressed properties renovation and resale, with investments from as little as $1,000. Banks have been criticized in the media for failing to provide lending to worthy people and businesses since the sub-prime lend...
RealtyTrac | June 13, 2016
House flipping is hot. Last year marked a high, since 2007, in the number of people trying to buy houses cheap, fix them up, and sell them, according to real estate information company RealtyTrac. And who can blame the newcomers when the average gross profit in the first quarter of this year for flipping was $58,520? Keep it up and maybe you could even get your own house flipping reality TV show. There’s just one problem: lots of people are losing money....
JLL | June 27, 2016
NEW DELHI: Kochi will become a highly- preferred real estate destination in the country driven by various infrastructure development projects in the city, which has been included in the list of Smart Cities programme, says a report. All potential drivers like IT development for job creation, metro rail, the Smart City tag for basic infrastructure, port-based development for industry and commercial growth, airport terminal, foreign investment and tourism are emphasized in Kochi, it added....
Shangahi’s Zendai Group | June 27, 2016
According to a lengthy story in the South China Morning Post, Chinese real estate impresario Dai Zhikang had made the “bold” decision to get out of property investment and look to investing in the arts. The founder and chairman of Shangahi’s Zendai Group compared the recent property market rise to a “dead cat bounce,” according to the article, saying he wants to rebuild Zendai “top to bottom.” In order to do this, “he singles out culture, financial...
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