Latest
Investors seek gains from surge in renting
Last Updated on Thursday, 23 February 2012 13:57 Written by William Binns Thursday, 23 February 2012 10:40
Atlanta Business Chronicle by Kat Greene, Staff Writer
Date: Friday, February 17, 2012, 6:00am EST - Last Modified: Thursday, February 16, 2012, 1:54pm EST
Out of the rubble left by the housing crash, some green shoots are sprouting in Atlanta.
Low returns in the volatile money markets have driven investors to search elsewhere for yield, and the glut of abandoned housing in this city has created what may turn out to be the perfect opportunity.
“We believe single-family homes are an asset class,” said Jeff Brock, CEO of Key Property Solutions LLC.
Companies that once specialized in building homes and selling them are now buying up foreclosed homes at cut-rate prices and packaging them into portfolios that can deliver investors a return of up to 25 percent.
Buying foreclosed home as investment properties
Buying foreclosed homes as investement properties has long been dominated by mom-and-pop investors. But now hedge funds, private equity firms, pension funds and university endowments are dipping into that market. The attraction is double-digit returns at a time when most bonds and other income investments yeld very little.
See full article at: http://online.wsj.com/article/SB10001424053111904292504576484571234105448.html?mod=WSJ_RealEstate_LeftTopNews
2011 Pacesetter Award
Last Updated on Monday, 08 August 2011 14:18 Monday, 18 April 2011 12:58
Our company received a 2011 Pacesetter Award for Atlanta's 50 fastest-growing private companies. Below is an excerpt from the Atlanta Business Chronicle’s article:
Maintaining focus, commitment to excellent customer service and hiring the right people are among the keys to growth for 2011 Atlanta Business Chronicles Pacesetter Award winners, the fastest-growing private companies in the metro area.
To qualify, the business had to be privately owned, based in the 20-county metro Atlanta area, and not be subsidiary of another company. It had to have been established in the first quarter of the 2008 or earlier; experienced a two-year growth in sales of more than 50 percent; and garnered revenue between $1 million and $300 million in 2010.
