LEX, a real estate investment platform founded by Drew Sterrett and Jesse Daugherty, has recently announced that New York City’s first IPO of a building — 286 Lenox Avenue in Harlem — is now trading under the ticker symbol TESLU. This is the first time a building in New York has been securitized and offered to the public, signifying major ...
During a downturn in the real estate market in 2012, Blackstone Property Group in New York City successfully applied the core principles of value investing to single-family rentals and multifamily properties for massive returns. By purchasing assets at historically low interest rates, the group was able to build equity in secondary markets outside of NYC while enjoying the benefits of ...
The South Landing Eco-District neighborhood was recently built in Spokane, Washington. One of its most notable landmarks is a five-story building called the Catalyst, which has quickly become a prototype for how commercial buildings can be built with clean energy. The building uses a sustainable approach with its materials and operations, making it one of the largest zero energy buildings ...
In downtown San Jose, there are signs on many streets that read: “Notice of Development Proposal.” This notice is from the local municipality, and it explains to local businesses and residents the huge, 85-acre mixed-use development created by Google. This forthcoming ‘Google Village,’ as we know it, starts construction next year. But any kind of urban change brings opinions, both ...
A new startup advisory firm has launched recently, with the goal of creating liquidity for those in the real estate market. The startup is called ACRE Solutions LLC, short for “Alternative Capital Replacement,” and was founded by Phil Barker and Sam Khatib, two former executives of CBRE Capital Advisors. ACRE’s goal is “to serve the secondary market for limited partnership ...
Lev is using technology to transform the CRE financing process.
Lev is using technology to transform the CRE financing process.