Downtown Detroit is seeing a revitalization of sorts sparked by Dan Gilbert’s $1 billion investment in the area. Since 2010, Gilbert’s investment has created an estimated 6,500 jobs in downtown, and, as a result, it’s nearly impossible to find a vacant apartment as residential occupancy rates reached as high as 99.4% for the downtown area.
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Photo by Tricon Capital —Houston Toronto, Ontario-Locally-based Tricon Capital Group has plans to invest in existing US middle-market housing stock and affordable rentals this year. “The US is facing a shortage of, and high demand for, new affordable housing as many developers struggle to deliver single-family entry level homes to these markets,” Jonathan Ellenzweig, senior
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Investing in a REIT gives you access to a liquid diversified portfolio of real estate assets, without the need to manage anything on your own. This makes some of the biggest issues with direct real estate investing like illiquidity, management intensiveness, and the inability to properly diversify, go away completely. Just like with stocks, it
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