With an initial $500 million already in place, this venture is not just a statement of confidence in New York's enduring appeal but a strategic bet on the future of office spaces in a post-pandemic world.This initiative targets a niche yet promising segment of the market: top-tier, class-A office buildings that, while inherently valuable, need a fresh influx of capital or debt restructuring to stay competitive.

Homes that appeal to our target tenant segment range from $320,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandThe driver for housing demand is population growth.The average Las Vegas annual population growth is between 2% and 3%.

Homes that appeal to our target tenant segment range from $320,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandThe driver for housing demand is population growth.The average Las Vegas annual population growth is between 2% and 3%.

These initiatives have the potential to significantly impact various segments of the housing market.

Nonetheless I still plan on my next RE investments being in the Phoenix area, specifically the retirement areas, as I see that segment growing...plus Phoenix has been one of the hottest (pun intended) RE areas in the country over the past decade.....

Thank you all for welcoming me, I look forward to listening to the pod cast to get more educated on what's new, what's old and what's works today, I know a lot has changed in the last 4-5 years, with the housing market, even in a good market for homebuyers, I need to be more sharp on what applications and techniques work, I also have a question is it better to be a realtor in the investing segment of real estate?

This particular segment has also started moving into center city.

@Russell Brazil  definitely regionalized... in my two markets were I build new construction Charleston SC and Portland Oregon.. long gone is the no money down buyer.. they still happen I just sold one in Charleston on a VA loan but its a 350k house. and we get the occasional FHA but on the subdivision I just built in Portland in 2016  27 new homes priced from 330 to 400k... ( entry level )  to first time move up.My wife is my broker ( always recommend anyone getting in the business to have their own license) I had her run a report on financing and what was used.4 sold for cash1 VA3  FHA minimum down19 sold conventinal with 10% or more down.IN charleston other than the one VA loan same thing some cash a few FHA majority conventionalso to speak to your points we have a much stronger buying segment than pre 08.. and I am sorry for those that have crappy credit and can't buy right now.. but they simply need to clean up their act. this attitude that every american deserves to own a home is flawed thinking.. every american who can manage thier personal credit and keep good an stable jobs.. deserves a home if they so choose..