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Fintech Focus Roundup For April 11, 2021
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
YieldStreet Launches New Fund, Further Unlocking Investment In Commercial Real Estate
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Eight Must Reads for the CRE Industry Today (Apr. 6, 2021) New York State has moved closer to finalizing a program to distribute federal rent assistance to tenants and landlords, reports the Gothamist. Real Estate Journals looks at why commercial real estate lenders are eager to see investment in infrastructure. These are among today’s must reads from around the commercial real estate industry.
Why CRE Lenders Want to See Infrastructure Investment “Smart investments to improve the roads, ports, utilities and other vital infrastructure have the potential to unlock tremendous value for the overall economy, as well as for commercial real estate. Economic Policy Institute research indicates that an investment of $18 billion annually into infrastructure would create a first-year increase of $29 billion in GDP and 216,000 net new jobs.” (
Press release content from Business Wire. The AP news staff was not involved in its creation.
Yieldstreet Adds Its Next Third-Party Fund With The Real Estate Opportunity Fund
April 5, 2021 GMT
NEW YORK (BUSINESS WIRE) Apr 5, 2021
Yieldstreet, the alternative investing platform helping retail investors build income-generating investment portfolios, announced the launch of the Real Estate Opportunity Fund. The fund will provide investors exposure to opportunistic commercial real estate investments via a relationship with Harbor Group International (HGI), which manages $12.7B in real estate investments and has realized 333 investments with aggregate sales proceeds of $9.3B.
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COVID-19 has had a broad impact on multiple sectors of the U.S. economy, with commercial real estate arguably being hit hardest. The multi-family and industrial sectors have performed relatively well, owing to the need for housing and the increase in online shopping, respectively. The hospitality
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