Masayoshi Son, Adi Tatarko, Warren Buffett, Kamala Harris and Ben Caballero. Kaitlyn Flannagan for Observer If a person’s home is their castle, then the 59 people we chose to profile for our 2018 Residential Real Estate Power List are the castle-builders, the castle-keepers, the castle-owners—in short, the most influential and powerful people currently shaping the U.S. residential real estate industry.Of course we looked to hard numbers to identify the biggest, the most prolific, and the richest. But while diving into this sprawling industry worth some $31.8 trillion, some themes emerged. A crucial issue of the day is the affordable housing crisis, and some of our power players are working tirelessly to address it. Sustainability has also become an, um…evergreen issue, and plenty of our subjects spend their days in that arena.We included some who consider themselves disrupters, and those who are funding them, as well as researchers and academics, media who stoke … [Read more...] about 2018’s Most Powerful People in Residential Real Estate
Real estate investor seeks student
By Staff report | PUBLISHED: July 13, 2018 at 8:45 am | UPDATED: July 13, 2018 at 8:47 am Matthews Real Estate Investment Services has closed four deals in Yorba Linda’s Savi Ranch retail zone, securing $54.5 million in transactions for four parcels. (Courtesy of Matthews Real Estate Investment Services) Marcus & Millichap has closed the sale of Burlington Coat Factory and Aldi, a two-tenant, triple-net-leased property in Santa Ana for $20.1 million.The property is at the intersection of Segerstrom Avenue and Bristol Street, less than a mile from South Coast Plaza. (Courtesy of Marcus & Millichap) SoundThe gallery will resume insecondsMarcus & Millichap has closed the sale of Burlington Coat Factory and Aldi, a two-tenant, triple-net-leased property in Santa Ana for $20.1 million.The property is at the intersection of Segerstrom Avenue and Bristol Street, less than a mile from South Coast Plaza. (Courtesy of Marcus & Millichap) CBRE has closed the sale of … [Read more...] about Real estate news: Savi Ranch retail properties sell for a combined $54.5 million
Investors and developers are taking a more informed approach”- Leonard Michau, Broll Property Group. 2018 has introduced more depth in Africa’s real estate markets” – Bronwyn Corbett, Grit We are seeing growing consumerism in Africa”- Gerard Zeelie, Standard Bank Entrenched as the must attend and largest property gathering for senior African property investors, developers and decision makers, the 9th API Summit & Expo (www.APIsummit.co.za) will be held on the 20th & 21st September 2018, Johannesburg, South Africa. This year’s Summit promises to be the most robust and optimistic gathering in recent years as more than 600 executives representing 250 companies from 30 countries seek to capitalise off 3-4% continent-wide GDP growth, rising commodity prices headlined by $70 oil prices and greater political stability in Africa’s major bellwether economies. According to Summit host, API Events’ managing … [Read more...] about Emerging African Real Estate Trends in Focus at The 2018 API Summit & Expo
BEVERLY HILLS, CA, June 05, 2018 (GLOBE NEWSWIRE) -- Hubilu Venture Corporation (“Hubilu” or the "Company") (OTC PINK: HBUV), a publicly traded real estate consulting, asset management and business acquisition company, which specializes in acquiring student housing income properties and development/business opportunities located near USC and Metro stations within the Los Angeles area, announces that it has acquired Sunza Investments, LLC, a Beverly Hills real estate company including its real property assets (“Sunza”). Sunza, which was owned by a related party, owns a student housing property at 3910 Walton Street, Los Angeles, which is two blocks from USC campus and the Vermont/Exposition Metro Station. This property fits perfectly into the company’s target market, being both in walking distance to the USC campus and two blocks from the Metro/subway transportation system. The Company announced earlier this year that it is now accepting rent … [Read more...] about Real Estate Acquisition Company Acquires Beverly Hills Real Estate Company including its Student Housing Assets.
By Jonathan Lansner | [email protected] | Orange County Register PUBLISHED: May 2, 2018 at 5:00 am | UPDATED: May 2, 2018 at 5:01 am Veteran Orange County real estate investors are seeking to raise up to $1.1 billion for a new company that will buy housing for two stages of life: college and the golden years. SmartStop Asset Management, based out of Ladera Ranch, is offering shares in Strategic Student & Senior Housing Trust Inc.. That new company plans to concentrate on owning off-campus, multi-unit student housing projects and senior-care complexes from assisted-living homes to memory-care facilities. Strategic Student & Senior Housing, which will operate as a non-publicly traded real estate investment trust buying income-producing assets nationwide, already owns two student housing properties and three senior housing properties. SmartStop itself currently manages $1.5 billion worth of real estate including 114 self-storage facilities, five student housing communities … [Read more...] about Orange County investors seek $1.1 billion for student, senior housing projects