More Opportunities for Real Estate Investors

first_img The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Coronavirus Investment Rental 2020-04-25 Seth Welborn Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago With many renters may not be able to pay rent during the COVID-19 pandemic, some landlords are going to struggle with the mortgage, which means an opportunity for some property investors, according to Marketplace. Daniel Lebensohn, co-founder of the investment firm BH3, said buying distressed debt during the last financial crisis built the foundation of his company.“Now’s the time to innovate and go hunting because there will be opportunities,” Lebensohn said.Meanwhile, KC Conway, chief economist at the CCIM Institute, thinks market changes will come in two phases.“Phase one is really a repricing opportunity. And I think then the acquisition comes a little bit later, maybe six months down the road,” he said.Jim Costello, SVP at Real Capital Analytics, told Marketplace that the investment surge could get there at some point, but it’s just not there yet.“It’s not as if anybody who owns anything is suddenly going to step up and say, ‘Oh, sure. A month ago, I could have sold this building for $400 a foot, but because I’m afraid of what’s happened in the market, you can buy for $200 per square foot,’” Costello told Marketplace.As the administration looks for a path forward for the national economy, one policy change that could ultimately lead to a boost in investment for infrastructure and jobs is the repeal of the Foreign Investment in Real Property Act (FIRPTA), according to at least on tax expert. In fact, several members of Congress had already called for the repeal of a particular section of the act prior to the partial economic shutdown this spring.“Rolling back FIRPTA will result in a much-needed influx of billions of new, debt-free financing for everything from new roads to multifamily housing,” stated Alex Hendrie, Director of Tax Policy at Americans for Tax Reform, in an article published Wednesday in Real Clear Markets.The Foreign Investment in Real Property Act places higher taxes on foreign real estate investors than domestic investors. The act was expanded in 2007 to apply to real estate investment trusts (REITS).“Specifically, REIT liquidating distributions to domestic shareholders are treated as sales of stock, while such distributions to foreign shareholders are treated as capital gain distributions,” explained a letter several senators sent to the Treasury in December requesting the repeal of that particular section of the Foreign Investment in Real Property Act. Subscribe April 25, 2020 1,551 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / More Opportunities for Real Estate Investors Demand Propels Home Prices Upward 2 days ago More Opportunities for Real Estate Investors Tagged with: Coronavirus Investment Rental Sign up for DS News Daily center_img Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago Previous: 3.4M Homeowners in Forbearance Plans Next: How Best to Avoid Landlord Mortgage Delinquency in Daily Dose, Featured, Investment, News About Author: Seth Welborn Share Save The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Syracuse battles Lindenwood to 1-1 tie

first_img Facebook Twitter Google+ After a 3-1 win on Friday, Syracuse (5-5-1, 3-1-1 College Hockey America) tied Lindenwood (3-5-2-, 1-1-2), 1-1, on Saturday in Wentzville, Missouri.All three players on the starting front line contributed to the goal that SU scored.With 7:34 gone in the first period, Stephanie Grossi scored a goal to give the Orange the lead. Melissa Piacentini and Nicole Ferrara both picked up assists on the goal.The score remained 1-0 for nearly the entire game. With just 2:41 left in regulation, Lindenwood’s Shannon Morris-Reade scored to tie the game and send it into overtime. Neither team scored in overtime and the game ended in a tie.It was Syracuse’s first draw of the season. The Orange ended last season with 10 ties.AdvertisementThis is placeholder textIt was also the second game of the season that went into overtime. The Orange had previously beaten Robert Morris, 4-3, in its first overtime game on Oct. 30th.SU will resume play on Tuesday night when it matches up with No. 4 Clarkson in Potsdam, New York. Clarkson defeated Syracuse, 3-1, when the two teams met in Syracuse for the Orange’s season opener. Comments Published on November 7, 2015 at 8:31 pm Contact Tomer: [email protected] | @tomer_langerlast_img read more