At 24 Years Old, Already Has A Multi-Million Dollar Real Estate Business

An inspirational story about a 24 year old that is making it in real estate. Listed on the latest Inc. 500, Atlas Properties reported revenue in 2008 of $5.8 million. The good part is that Atlas is just one of dozen companies and investment funds he runs.
And it’s not backing from a wealthy family. His [...]

Existing Home and Condo Sales Up In August, 2009

The Florida Association of Realtors reports that the existing home sales and condo sales rose 28% and 45 % respectively in August 2009 over the same month last year. A majority of Florida’s metropolitan statistical areas reported incresed sales for 14 consecutive months. On the flip side is a, dare I say, reversion to the [...]

GE Capital A Proxy For Commercial Real Estate

As one of the largest investors in commercial real estate in the word, GE is a great proxy for the commercial real estate market.
GE participates in the market as both investor and lender, with a portfolio as of the end of June, 2009 of approximately $84 billion, covering 8,000 pieces of property. Unlike most other [...]