Blackstone Sweetens Deal To Sell 8,400 Spanish Properties for $1.2B USD

Blackstone is trying to sell its 8,400 unit portfolio of Spanish residential and commercial properties for $1.2B USD. The deal is complicated by the fact that Spain is in a deeper recession than the 2008 financial crisis. Markets and investors don’t like uncertainty, so to deliver confidence to any would-be suitors, the global private equityContinue reading “Blackstone Sweetens Deal To Sell 8,400 Spanish Properties for $1.2B USD”

Companies Like Opendoor

With Opendoor announcing last month that it will be going public via reverse merger with Social Capital Hedosophia Holdings Corp II (NYSE: IPOB), a special purpose acquisition company organized by Chamath Palihapitiya, let’s take a look at a new category of technology enabled real estate services and see how they compare. The real estate marketContinue reading “Companies Like Opendoor”

Warren Buffett, Real Estate and Contrarianism

Warren Buffett has dispensed invaluable investing advice over his remarkable career. While Buffett is not focused on real estate investing, his advice holds true regardless of asset class. “Be fearful when others are greedy, and greedy when others are fearful.” – Warren Buffett The above quote is a hallmark of the contrarian approach to investing.Continue reading “Warren Buffett, Real Estate and Contrarianism”

Simply Ryan Homes

Simply Ryan is a new line of entry-level homes complete with a “simple buying process” to lure renters to home ownership. Depending on region, prices are “from the upper $100s” and “from the mid $200s”. If you are not familiar, Ryan Homes, a member of the NVR family (NVR, Inc.), is one of the largestContinue reading “Simply Ryan Homes”

Pacaso launches with $17M Series A Funding, $250M Debt

Zillow co-founder Spencer Rascoff is at it again, this time with a startup called Pacaso (pronounced “picasso” like the famous painter) that aims to take on the timeshare market by enabling fractional ownership of second homes or vacation homes. The startup raised a $17 million Series A funding round along with $250 million in debtContinue reading “Pacaso launches with $17M Series A Funding, $250M Debt”

Cadre Cash: 3% Reward On Cash Deposits

Late last month, Cadre, a commercial real estate investment platform, announced Cadre Cash. Cadre Cash is a 3% reward on cash deposits up to the amount they have invested in Cadre real estate. This incentive program is designed to get investors to commit to making commercial real estate investments on Cadre’s platform — this isContinue reading “Cadre Cash: 3% Reward On Cash Deposits”

Wholesale Real Estate

With housing inventory at record lows, you can make the case that off-market real estate has never been more important. Whether you’re a fix and flip or buy and hold investor struggling to find deals where the numbers make sense, or a first time homebuyer frustrated by how quickly homes are getting snapped up aboveContinue reading “Wholesale Real Estate”