LGI HOMES (LGIH)

In addition to writing frequent commentary on all aspects of the economy and financial
markets, IRD produces contrarian-style investment ideas using a fundamentals-based
approach to stock/industry analysis.

Spotlight

Balfour Beatty Communities

Balfour Beatty Communities is a diversified real estate services company delivering acquisition, management and renovation services in the multifamily, student and military housing sectors. A leader in the industry for more than 20 years, our residential portfolio currently consists of more than 50,000 units and $6 billion in real estate assets under management. Since our inception we have developed or renovated more than 31,000 units with a total value approaching $4 billion.

OTHER WHITEPAPERS
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AI-Endgame: Practical Applications of Artificial Intelligence in Lending

whitePaper | December 15, 2022

Great strides have been made in the development and application of artificial intelligence (AI) in the last few years. We now see so many striking examples of applications of AI in our day-to-day life, such as checkout-less Amazon Go stores, cars with autonomous driving becoming commonplace, accurate, personalized product recommendations, and more. AI is more present than ever, and its application in the consumer space is growing rapidly.

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The Return of Risk: Subprime Sneaking Back

whitePaper | May 24, 2022

Subprime financing is on the upswing, and for a lot of people that’s a problem. The mortgage meltdown is widely identified with subprime lending so why should the return of such loans be welcomed?

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Senior Housing Development & Investment

whitePaper | May 24, 2022

As with some other real estate property categories, that reliable performance hit an extended rough patch after the onset of COVID-19. Operators halted or severely restricted property tours and move-ins; prospective residents, worried about serious illness, elected to remain in their homes. The industry’s valuation shrank from $475 billion at the end of 2019 to an estimated $437 billion as of the third quarter of 2021, according to Beth Mace, NIC’s chief economist & director of outreach. Profitability has also declined between 4 percent and 8 percent during the pandemic, estimates Mel Gamzon, principal at Senior Housing Global Advisors.

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Real Estate Tokenization Based on the Blockchain

whitePaper | July 1, 2022

Real estate is one of the largest assets in the world, but it is also synonymous with low liquidity. Tokenization of real estate emerged in the era of real estate 4.0 as technological innovation to counter the low liquidity, long and expensive transaction process, and high entry threshold of the real estate industry. By Fractionalization, tokenization of real estate reduces the required capital that investors need. It is also based on blockchain and smart contract technology, which provides open and transparent information and greatly improves transaction efficiency. However, tokenization also faces the problems of low demand and insignificant economic benefits.

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The International Real Estate Index — A hedge against expected inflation

whitePaper | June 10, 2022

Real estate has long had the reputation of being at least a partial hedge against inflation, since both rental income and property values typically respond positively to inflationary pressures. The iSTOXX Developed and emerging Markets ex uSA PK Vn Index (“Int’l Real estate Index”) has lived up to this reputation historically and is continuing to do so in the current inflationary environment.

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Building a Better Future

whitePaper | August 20, 2022

In today’s economy, many people around the world continue to face challenges with starting their businesses or funding affordable housing. Some of these hardships can include not funding land or building opportunities, scarcity in available residential properties to lease or purchase, and unreasonably priced housing options, which in some circumstances leads to homelessness.

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Spotlight

Balfour Beatty Communities

Balfour Beatty Communities is a diversified real estate services company delivering acquisition, management and renovation services in the multifamily, student and military housing sectors. A leader in the industry for more than 20 years, our residential portfolio currently consists of more than 50,000 units and $6 billion in real estate assets under management. Since our inception we have developed or renovated more than 31,000 units with a total value approaching $4 billion.

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