Financial Blog

Downtown Living Tour showcases newest real estate developments

INDIANAPOLIS, Ind. --  Indy real estate is booming, and Downtown Indy, Inc. wants you to be able to check out some of the hot new properties.

On Friday, June 24, Indy residents (and visitors!) are invited to join the Urb Appeal: Downtown Indianapolis Living Tour presented by Eskenazi Health. Tour participants will be able to visit five of the Mass Ave neighborhoods newest places to live.

The tour lasts from 5-9 pm Tickets are $25 and include shuttles and free parking near the Coca-Cola lot on Mass Ave.

For more information on the tour, click here.

The devil is in the real estate data

That meant one of the most difficult things about this job was finding numbers to support what real estate agents were saying about the market.

Fortunately, there were some Realtors who thought the attempt at secrecy was nonsense and successfully argued that, in the words of one, if they didnt provide sales numbers when the market was bad, how would I know when it was good.

Sensible, because all real estate is local - down to the block, if youve been to Kensington lately.

First Capital Real Estate Investments, LLC Announces A Strategic Partnership In Capital Transaction With Forum Partners

NEW YORK and LONDON, June 13, 2016 /PRNewswire/ --First Capital Real Estate Investments, LLC (First Capital) announced today a strategic partnership with global real estate investment management firm Forum Partners. This strategic partnership comprises a three stage process by which Forum will provide strategic capital and advice to First Capital to accelerate its growth and development. In the first stage, First Capital has acquired the remaining interests in First Capital Real Estate Advisors held by Jacob Frydman. The second step involves the design and implementation of an accelerated liquidity plan for First Capital Real Estate Trust Incorporated, the firms non-traded REIT. Step three will involve the development by First Capital, with support from Forum Partners, of additional products and services to expand its offerings, customer base and assets under management.

Suneet Singal, CEO and Chairman of First Capital commented, The partnership with Forum will give our investors the best of both worlds by combining the support and dependability of a multi-national institution with the individual investor focus of a retail firm.

What's hot in real estate investing? Rental property for the little guy

HomeUnion says this $229,000 house in Raleigh, NC, would rent for $1,600 a month. The Irvine startup helps investors buy rental houses in 20 US metro areas where returns are higher than in high-cost housing markets like Orange County and New York. COURTESY OF HOMEUNION

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