There are so many real estate articles out there — and so little time! For busy investors looking to take a quick reading break, look no further than our list of recommended reading for the week. From advice and investment tips to market reviews, we’re highlighting the stuff that’s really worth your time.
So sit back, and take a break. These were the 5 Must-Read Real Estate Articles of The Past Week:
By Omri Barzilay via Forbes
There’s little doubt that 2015 will be remembered as a remarkable year in real estate technology. With more than $1.7 billion deployed globally across more than 190 deals, real estate technology reached record funding and deal levels never seen before. Two of the leading companies in this surge was WeWork and Compass co-founded by Adam Neumann and Ori Allon respectively who are both from Israel. According to the updated information at “Israeli Mapped in NY”, which is tracking the Israeli startups operating in NY, Allon and Neumann are just the tip of the iceberg. Guy Franklin, the founder of Israeli Mapped in NY, “Allon and Neumann are not the only two Israelis involved in this real estate tech surge. Currently, over a dozen real estate startups that are a part of this current rise have been founded by Israelis working in NYC.
Brooklyn’s commercial market may very well be a field of dreams: If you build it, they will come. “What’s going to change Brooklyn in terms of the tenancy is going to be the product that they build,” Bruce Mosler, chairman of global brokerage at Cushman & Wakefield, said during a panel on New York City’s shifting commercial real estate scene at The Real Deal’s New York Real Estate Showcase and Forum Thursday. “We haven’t yet seen that first blue-chip lease in Brooklyn … the Facebooks, the Googles,” he added.
By Leslie Josephs via the Wall Street Journal
Real-estate stocks are getting their own home in the S&P 500 later this year, a move that could spell trouble in their old neighborhood. Real-estate shares will split off from financials to become the 11th sector of the S&P 500 starting Sept. 19, according to S& amp;P Dow Jones Indices. That could pose a challenge for funds focusing on financial stocks.
Millennials are finally moving into their homebuying years, but with precious few starter houses available for sale, a growing number of these buyers are choosing to rent single-family homes. That is a big opportunity for investors overall, especially in markets seeing the greatest rent growth — and some of those markets are surprising.
By Nick Madigan via The New York Times
MIAMI — It was always Miami Beach, a barrier island on the sun-dappled Atlantic, that attracted the attention, the glamorous notices, the billions of dollars in real estate speculation. Just four miles away on the mainland, the sprawling metropolis of Miami suffered for years in the comparison, its scruffy downtown largely devoid of life after offices closed for the day and commuters fled to the suburbs. Inner-city neighborhoods, mired in poverty, were far from investors’ radars.
Did you like these articles? What were your favorite articles this week?