Forecast: Global Real Estate Tokenization Market to Reach $26 Billion by 2034
A new report is predicting the global real estate tokenization market size and share will grow in revenue from $3.8 billion in 2024 to $26 billion by 2034, with a compound annual growth rate of 2.90%. The report from Prophecy Market Insights observed the U.S. is “the...
SAFstor Debuts Fund to Develop 3 Self-Storage Facilities
SAFStor, a Daytona Beach, Florida-based developer of Class A self-storage, has launched SAFHarbor Opportunity Fund LLC as its latest Regulation D 506(c) offering. According to the company, the new fund intends to raise $23 million from accredited investors for the...
Hits and Misses for the Real Estate Week of July 1-5
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. From the wild and wooly world of real estate, here are our Hits and Misses for the real estate week of July 1-5. Hit: MrBeast to the Rescue. The...
UAE Developer to Tokenize $500 Million in Real Estate Assets
Mantra, an institutional-grade Layer 1 Blockchain for real world assets, has announced a strategic partnership with MAG, a United Arab Emirates-based developer with a real estate portfolio valued at over $5 billion. According to the companies, Mantra’s blockchain...
JLL Debuts Commercial Paper Program
The Chicago-headquartered real estate services firm Jones Lang LaSalle Inc. (JLL) (NYSE: JLL) has launched its inaugural commercial paper program. According to the company, up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes will be...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
