REAL ESTATE TECHNOLOGY

75% Complete Hotel & Casino Resort in Las Vegas Koch Real Estate Investments Acquires Title

prnewswire | February 11, 2021

Koch Real Estate Investments, an associate of Koch Industries, Inc. today reported the obtaining of a to-be-finished Las Vegas resort situated at 2777 South Las Vegas Boulevard. The arrangement is in association with Fontainebleau Development.

Koch and its accomplished accomplices give the interesting capacity to consolidate persistent, long haul capital with top tier tasks. Together, the organizations have a shared interest in the recuperation and development of Las Vegas and the friendliness business overall. With Las Vegas' travel industry recuperation in progress, the city has securely returned to a large number of guests since June with significantly more accomplishment not too far off.

"We believe strongly in the Las Vegas market and see the property as a great opportunity to contribute to the long-term success and positive trajectory of this vibrant and innovative region," says Jake Francis, President of Koch Real Estate Investments. "We are excited about the partnership and look forward to working together as the project evolves."

Spotlight

Despite lackluster economic growth and stark home-price appreciation in several parts of the country in recent months, roughly three-quarters of surveyed households still believe now is a good time to buy a home, but there's a considerable gap in morale between homeowners and renters, according to the latest installment of the National Association of Realtors® Housing Opportunities and Market Experience (HOME) survey.

Spotlight

Despite lackluster economic growth and stark home-price appreciation in several parts of the country in recent months, roughly three-quarters of surveyed households still believe now is a good time to buy a home, but there's a considerable gap in morale between homeowners and renters, according to the latest installment of the National Association of Realtors® Housing Opportunities and Market Experience (HOME) survey.

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REAL ESTATE TECHNOLOGY

WSGF Announces Vaycaychella P2P Alternative Real Estate Investment App Beta Launch

prnewswire | March 01, 2021

World Series of Golf, Inc. through its new working auxiliary, Vaycaychella, today reported starting beta testing of its elective account application intended to encourage the acquisition of momentary investment properties. Tomorrow, an email will go out to all gatherings that communicated interest on the organization's site in taking part as beta clients. Subsequent to affirming beta clients, the organization will give the beta clients admittance to the Vaycaychella application. The underlying beta testing period is at present booked to go on until the finish of this current month at which time results will be inspected and application updates will be evaluated. The organization is on target to deliver the application to beta clients before the current month's over. A creation discharge is additionally on target for June. The Vaycaychella application is intended to engage another age of transient investment property administrator business visionaries (or Rentrepreneurs) and to offer admittance to another age of land financial backers.

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New report predicts long income real estate market is now worth around GBP30bn and will continue to grow rapidly

propertyfundsworld | August 24, 2020

Commercial Ground Rents: investment opportunity in a time of adversity says commercial ground rents, which are financing structures whereby a real estate owner or acquirer sells the freehold land to an investor and simultaneously agrees a long-term (generally over 75 years) lease with them to continue using a real estate asset, is the fastest growing segment of the long income real estate market, and that over the past five years the sector has grown from virtually nothing to around GBP4 billion in size, with around GBP1.5 billion of new deals completed in 2019 alone.

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Neuberger Berman Real Estate Securities Income Fund Announces Monthly Distribution

prnewswire | September 30, 2020

Neuberger Berman Real Estate Securities Income Fund Inc. has announced a distribution declaration of $0.04 per share of common stock. The distribution announced today is payable on October 30, 2020, has a record date of October 15, 2020 and has an ex-date of October 14, 2020. Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.04 per share of common stock, unless further action is taken to determine another amount.

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