REITs distribute at least 90% of their taxable revenue to shareholders as dividends every year. Individual investors can now profit from real estate without having to purchase or finance any properties themselves, owing to REITs.
Why Miami Is Florida’s Proptech Capital
Sure, the weather — but the vibrant real estate market is what’s really attracting startups and VCs.
Exclusive: Former JPMorgan digital asset chief raises $3 million to transform real estate with blockchain technology
Arda hopes to create a platform that aggregates data about real estate transactions and property management.
AI robots company shifts headquarters to big San Jose office building
A tech company that makes robots enhanced by artificial intelligence has moved its head offices to a big San Jose building.
JPMorgan Chase sued over $481M commercial real estate loan
Wells Fargo & Company (WFC) filed a lawsuit against JPMorgan Chase (NYSE:JPM) in connection with a $481M commercial real estate loan, Reuters reported, citing a complaint in the Manhattan federal court. WFC acts as a trustee to the investors, the newswire noted. JPMorgan is said to have made the loan to the Manhattan real estate development firm, C…
Real estate investment firm Jamestown acquires stake in Inman Quarter
Real estate investment and management firm Jamestown has acquired a minority interest in Inman Quarter, the mixed-use residential and retail development in Inman Park. Through the transaction, Jamestown has become a joint venture partner in the property with longtime owner TriBridge Residential. Jamestown is well-known in Atlanta as the developer of Ponce City Market and purchased Buckhead Village […] The post Real estate investment firm…
Al-Futtaim Real Estate revolutionizes retail with region’s first loyalty program
Offering comprehensive digital services for mall tenants
Saudi residential real estate to attract $1.22 billion this year, consultancy says
Private buyers in Saudi Arabia are expected to spend $1.22 billion in the country’s residential market this year, property consultant Knight Frank said in a report on Tuesday, with NEOM being the most sought after for a home purchase.
Real Estate Industry Fights Tax Proposals Amid Congressional Debates
The industry wants to preserve carried interest and the deductibility of property taxes.
Wells Fargo sues JPMorgan over troubled $481 million real estate loan
The lawsuit pits the fourth-largest US bank against the largest, with Wells Fargo accusing JPMorgan of pursuing millions of dollars in fees.