Cole Real Estate Investments, Inc. Added to S&P and Dow Jones Real Estate Indexes
Miller is turning the H Street building into what he hopes will be a popular new restaurant, market and bar on a street where flashy new eateries and boutiques are sprouting from empty lots and boarded up buildings. You democratize an investment in real estate, not only do you get capital, you actually get a social power that wasn’t possible before,” said Miller. Now that the rules against marketing to investors are gone, Fundrise and others like it can solicit funds far more easily. Owning a part of a building can now be just a click away. In fact, the Miller brothers have already shifted the focus of their business from real estate development to a web platform that will help others use crowdfunding for real estate. “We’ve launched now with 50 developers around the country.
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Westdale Real Estate snaps up Irving office building
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Mackey, along with Gary Carr , John Alvarado and Robert Hill of CBRE represented the seller in the deal, Capital Commercial Investments Inc. The office property is 94 percent leased, with tenants such as Fox Sports Net Southwest’s studios and offices for AT&T Services, Advancial Federal Credit Union, TWG Insurance and CRM Studios. The two- and three-story building sits on 15.2 acres of land at the corner of Royal Lance and Colwell Boulevard.
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