Real Estate, Mortgage News

Real Estate News and Press Release Distribution Services
Submit Press Release | Submit RSS Feed | About US | Contact Us

Home | Real Estate News | Mortgage Rates
Unlimited Press Release Distribution
Press release distribution service


News Media
CNN Money
Costar Group
Inman News


Los Angeles Times


National Real Estate Investor
Mortgage News Daily
New York Times
Realtor Magazine
RISMedia
Wall Street Journal
Yahoo Finance
Zawya
RSS News Feed
Get your news feed listed here as other news media shown below! Submit RSS News Feed

Mercury News
New York Post

Real Estate News Releases

Investing in Housing Recoveries: Is It Worth the Risk?



Apartments For Rent Atlanta, GA


(EstateNewsWire.com, May 10, 2014 ) Atlanta, Ga -- Wall Street, along with the other housing investors are instrumental in the ricocheting of housing recoveries to 20% starting 2010.



According to CNN Money reports last month, the local rental market of Atlanta came to a point wherein it can no longer absorb all the displaced owners. Atlanta home prices rebounded from a 12.7% decline in 2009 to flat in 2010.



Realty Trac, a real estate information company and an online marketplace for foreclosed and defaulted properties in the United States, said that in January of this year, one in every four homes sold in Atlanta went to a large investor, four times the national average. Wall Street, the second wave of housing investors is spending billions to turn over foreclosures into single-family rentals.



Certainly, this buying binges, not just of Wall Street, but also of other housing investors like Blackstone (who spent $8 billion to buy 43,000 homes nationwide and American Homes (who spent $3.5 billion to purchase 21,700 homes) is now being converted to investments.



Four single-family home real estate asset trusts were sold to individual investors starting December 2012. This approach is similar to REITs (Real Estate Investment Trust) who own rental buildings or shopping centers. Waypoint united with the home division of Starwood Property to found Starwood Residential Trust (owning approximately 5,800 homes). And the largest investor since then is American Homes 4 Rent. Institutional investors like mutual funds of pension managers produce a new class of bonds which bundle rents from single-family homes. Blackstone, for instance, had a $479 million worth of bonds backed by 3,207 homes in five states. According to Deutsche Bank, there is an estimated $5 billion in home rental bonds that will hit the market this year.



However, this new business model is quite new, according to Brad Thomas, Editor of iREIT Investor. “So far investors have not been enthusiastic. Some of Blackstone's bonds are selling below the offer price, and most of the REITs have underperformed their index.”



With the current state, Bank of America predicts that the biggest investors would generate 5% to 7% annually in return from rents. But the costs in maintaining far-flung homes must be lessened.



Neighbor states of Atlanta has also started to pick up on investing where foreclosures are still on the market.



About JAMCO Properties



Founded in 1992, JAMCO Properties, Inc. specializes in acquiring and renovating metro Atlanta apartment rental communities. Their multifamily apartment investment firm proudly offers affordable, clean, spacious rental homes in Fulton, Dekalb, Cobb and Clayton counties. Locally owned and operated, JAMCO Properties remains a long time member of the Atlanta Apartment Association and the Atlanta Business Chronicle recognizes JAMCO Properties in its annual list of "Top 20 Atlanta Apartment Property Management Companies."























JAMCO Properties Inc

Dimitry Vital

404.876.9990

services@prdodo.com

Source: EmailWire.Com


Real Estate News by Sector
  • Appraiser
  • Consumer News
  • Commercial
  • Mortgage News
  • Property Law
  • REIT News
  • Sales, Marketing
  • Technology

  • Real Estate RSS Marketpalce

    Submit RSS news feed on Real Estate.
    Have your feed on real estate news, products or services displayed under this marketpalce and have your feed on a full page updated daily. Click on example below. Add RSS feed Now!

    EmailWire Real Estate News Releases
    News releases on real estate as posted by businesses, organizations and experts.


    Press release service

    ESTATENewswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    ESTATENewswire.Com ™ - Newswire and Press Release service of GroupWeb Media LLC