Now that the rules against marketing to investors are gone, Fundrise and others like it can solicit funds far more easily. Owning a part of a building can now be just a click away. In fact, the Miller brothers have already shifted the focus of their business from real estate development to a web platform that will help others use crowdfunding for real estate.
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Inland American Real Estate Trust, Inc. Announces the Purchase of Hyatt Regency Santa Clara in California
“We got past that wave of the foreclosure crisis and banks trying to dump all their homes on the market,” Delwiche says. “Lower mortgage rates have had an undeniably positive effect on not just household balance sheets, but also the housing market generally. It makes it much easier to buy a house if you’re so inclined.” In turn, a healthier housing market has beneficial effects for the entire economy, as rising home values tend to make consumers feel more confident about their overall financial situation and thus more likely to spend money on other things. An uneven recovery Thanks to the intrinsically localized nature of real estate markets, the recovery in housing values hasn’t benefited all areas equally, says Chris Leinberger, a professor at the George Washington University School home of Business and chairman of the school’s Center for Real Estate and Urban Analysis. Home values in areas that are high-density, urban and walkable have tended to rise faster than real estate in low-density, suburban areas where you have to drive, says Leinberger.
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Americans Kiss and Make up With Real Estate
A Hyatt affiliate will continue to manage the hotel under a new management agreement. Hyatt Regency Santa Clara in Santa Clara, Calif. (Photo: Business Wire) We are pleased to add this high-quality property, situated in a prestigious California market, to our growing portfolio of upper-upscale hotels, said Marcel Verbaas, president and CEO, Inland American Lodging Advisor, Inc.
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