Real Estate

Sage Investment Advice From Exhausted Real Estate Billionaire Jeff Greene

Jeff Greene started investing in real estate as a side hustle in college and survived a downturn in the 1990s before making his first billion betting against the housing market in 2008. He spoke with Forbes about how he’s managing his investments ahead of a potential recession.

By Giacomo Tognini, Forbes Staff

As a child growing up in Worcester, Massachusetts, Jeff Greene shoveled snow and worked an 86-house paper route for the local newspaper. In college at Johns Hopkins, he worked part-time jobs ranging from teaching Hebrew to checking IDs outside the library. To pay his way through Harvard Business School, he traveled the country as a circus promoter—money that he later invested into three-bedroom houses in a town near Boston, his first foray into real estate.

Disaster struck with the real estate crash in the early 1990s, but Greene managed to scrape by. Then, in 2006, he made

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Real Estate

As values slide, Brookfield Asset Management plans to boost commercial real estate investment

Open this photo in gallery:

Pedestrians and office workers walk past the Bay St. entrance to Brookfield Place in Toronto’s Financial District, on July 12, 2022.Fred Lum/the Globe and Mail

Not since the Great Recession, Brookfield Asset Management Ltd. BAM-T says, have there been such attractive real estate investment opportunities.

Persistently high interest rates coupled with the rise of remote working means “the best real estate opportunities since 2009 are coming,” the Toronto-based investment company said Wednesday in a letter to shareholders published alongside its second-quarter results.

The company, which owns a one-quarter stake in the asset-management business that is 75 per cent owned by Brookfield Corp., is hoping to capitalize on plunging commercial real estate valuations. Other institutional investors are remaining on the sidelines and Wall Street banks are writing down billions of dollars in commercial real estate assets.

“Given the increase in interest rates, people were ill-prepared

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Real Estate


WINNIPEG, MB, June 8, 2023 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced today that it has obtained new mortgage financing in the amount of $186.7 million and provided an update on property disposition activity since March 31, 2023.

Artis Real Estate Investment Trust Logo (CNW Group/Artis Real Estate Investment Trust)

The REIT executed the following transactions during the second quarter of 2023:

  • obtained new mortgage financing on previously unencumbered properties in the amount of $186.7 million;

  • closed on the previously announced sale of four properties in Canada for an aggregate sale price of $79.6 million and one property in the U.S. for US$28.9 million; and

  • following disclosure of Q1-2023 results on May 11, 2023, entered into unconditional agreements to sell one property in Canada for a sale price of $42.1 million and seven properties and one parcel of

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Real Estate

Arrived, Lofty AI, Landa: Is fractional real estate a good investment?

Joshua Heier isn’t your typical homebuyer. Recently, rather than purchasing an entire property by himself, he has started buying fractions of single-family homes around the country, many of them in Sun Belt states.

“I think it’s kind of a stepping stone toward actually buying and owning a full rental property,” says Heier, a 30-year-old investor in California who is using Arrived Homes, one of a spate of new “fractional” real estate investment platforms. It allows him a peek at the ins and outs of what it might cost to be a landlord, or how long it takes to find a tenant in a certain neighborhood. And, he says, “It doesn’t require a $50,000 down payment.”

Heier has invested a pretty modest $2,900 through Arrived, and he says the company currently values his portfolio at around $3,300. The basic pitch of fractional real estate platforms is that in just a few

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house foreclosures

Methods To Make Money With Investment Property Perth

Real EstateLearn the latest news about residential and commercial real property in the Seattle space and Pacific Northwest. ‘The downside to establishing a strategy to avoid it in the housing crises, by setting up dozens of the newest flats and villa complexes is that it spoils the whole nature of Majorca, and it is a catch 22 as a result of whereas locals do have an interest a residence, they only do not need it within the expense of the island.’

Most of you shouldn’t be embarrassed or blind to your foreclosure situation. With a amount of prospects, it may be necessary to train these and work alongside along with your lender to acquire by way of your difficult financial state of affairs.

3. Photographer and Graphic Designer – The significance of the net can’t be underestimated when selling your home. Folks start their searches for a brand new house by …

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