A group of seasoned property investors has launched a new real estate crowdfunding platform specifically aimed at giving accredited investors the opportunity to explore and invest exclusively in Manhattan real estate.
For several years, Houston has represented the most active market in the country when it comes to multifamily project starts. But energy company layoffs and budget cuts, coupled with declining interest from equity sources and a vacancy rate of nearly 7 percent, indicate Houston will fall from this position moving forward.
Many consumers use online ratings and reviews to choose what products to buy, which professionals to use and where to dine. Niche Local, a website that serves up a wide array of community information, may represent the most promising attempt to help homebuyers take the same approach to choosing where to live.