Multifamily

Sound West Group and Securities Veteran Greg Genovese recently launched a new company focused on qualified opportunity zone funds and GlobeSt.com caught up with him to discuss more behind that decision and on why project-oriented funds specifically, among other things.

Opportunity zones and opportunity zone funds are one of the benefits of the recent tax plan. Why aren't more investors talking about them?

As demand rises for more affordable housing options, investors are increasing exposure to mobile home parks.

The former chemical manufacturing facility will be redeveloped into a residential rental building with a number of attractive amenities, parking and retail stores.

The low cost of living, and ability to attract and retain the Millennial workforce, and diverse industry types are a major driver for Texas Millennials in finding opportunities that best suit their skillsets.

“One of the most astute investors on the planet is buying here. That should tell you something,” says Will Silverman, the sellers' broker, in a GlobeSt.com interview.

Developers are pushing for updates to the city's parking regulations, but even if parking requirements are reduced, developers still have to lease the units in a city still largely dependent on cars.

The asset sold for $272,569 per unit.