The Miami-based fintech start-up Waltz Inc. is now offering foreign investors a platform to invest in and purchase US residential real estate within a 30-day period. Waltz is currently available in nine states – Alabama, Florida, Georgia, Maryland, Mississippi, North...
A New York City real estate developer has entered into a $272 million settlement with the Securities and Exchange Commission (SEC) over accusations that he defrauded Chinese EB-5 investors. The federal EB-5 federal program enables foreign investors to obtain a U.S....
W.P. Carey Inc. (NYSE: WPC), a New York City-based net lease real estate investment trust (REIT), announced that John Park will step down as president effective Sept. 30. Park joined W.P. Carey as an investment analyst in 1987 and was director of strategy and capital...
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, 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...
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...