At this point in the economic cycle, says Chirag Hathiramani, chasing better yield becomes a challenge. (Courtesy of Casoro Group) Chirag Hathiramani, a former Vornado and Aspen Heights executive, has joined Texas apartment player Casoro Group. Hathiramani is coming on…
Category: commercial finance
Employers hired a net 266,000 employees in November, the most in a single month since January, and even with an upward revision of 32,000 jobs to October. About 50,000 were employees returning from the General Motors strike, which had removed…
After Nine Up Years, Hotel Industry Stands at the Beginning of a Downcycle But don't panic. U.S. hotel industry revenue per available room, or RevPAR, dropped 1.2% year over year in October, marking the second straight month of decline. Importantly,…
Farther west in Houston, Lionstone bought a 15-story office tower anchored by Amazon Web Services from Midway in late September for $93 million, or about $409.58 per square foot, according to CoStar data. Called CityCentre Five, the building at 825…
Three investors called me this week to buy these locations, little did they know the business is having troubles. When buying a single tenant business, you need to research the company thoroughly (big or small). If they file for bankruptcy,…
“Houston has grown in prominence from a market reliant on energy-related industrial demand to a true regional distribution center serving its growing population base,” Justin Boyar, director of market analytics for CoStar in Houston, said in an email. Greater Houston…
Mark VI Attrium just sold in Southwest Houston between 4-20M for the 144 Unit Apartment complex. This is a major signal for investors looking for an up and coming area of Houston to invest in. A Houston property management firm…
https://youtu.be/krXXaNBTjlI Landlords Can Now Legally Charge 10% of Rent For Late Fees. But proceed with caution, remember you want cash flow as an investor, think long term. Texas just passed the law to allow Landlords to charge 10% of Rent…
In my Investment Journey, I observed keenly: Those who Wait & Wait & Wait & Wait for their favourite Stock to Fall, are Too Scared to Buy it when it Actually Falls. There is a huge difference between waiting for…
You’ve probably heard the term “Your Network is your Net Worth.” ? Well, You can’t just surround yourself with people who are successful and expect to have success. Nor can you expect that the successful people you surround yourself…