Once considered the realm of small time investors, the single-family home market has quickly gained the attention of large Wall Street firms, with many of the world’s leading real estate investment groups pouring billions of dollars into these properties.
According to a report from Arixa Capital, private-equity firm Blackstone is investing in single-family homes in the U.S. at a rate of tens of millions of dollars per week. Los Angeles-based investment firm Colony Capital is spending $250 million each month, reports The New York Times, and the “Sage of Omaha” himself, Warren Buffet, has said that if he could buy a couple hundred thousand single-family homes right now, he would.
Mauricio Umansky, CEO and co-founder of The Agency, will speak about this evolution in real estate at the Single Family Takes Center Stage: A Residential Real Estate Roundtable Discussion, on July 10, with The Agency President and co-founder Billy Rose serving as Moderator.
The informative discussion, which will take place at Korn Hall at The UCLA Anderson School of Management, starts at 6pm and is being presented by Arixa Capital and the UCLA Ziman Center for Real Estate.
Umansky, along with fellow panelists Greg S. Hebner (Community Rebuild Partners, LLC), Kristoffer Winters (The Kristoffer Winters Company), Jan B. Brzeski (Arixa Capital Advisors, LLC) and Ramin Kolahi (Lighthouse Investments), will candidly discuss how investors, both big and small, are making money on single family home investments in today’s market.
Get exclusive tips and insight and unmatched knowledge useful for any real estate professional looking to invest wisely. Come ready to engage with panelists and to ask questions.
The schedule is as follows:
6:00 pm to 7:00 pm – Reception
7:00 pm to 8:00 pm – Panel Discussion
8:00 pm to 8:30 pm – Audience Q&A
Tickets are $30. Beer, wine, and hors d’oeuvres included.
Please visit Eventbrite for details and to purchase tickets. Seating is limited, so get your tickets early.
Mauricio Umansky was recently named the #1 Realtor in Southern California and the #3 Realtor nationwide by The Wall Street Journal. Connect with him on Twitter (@MauricioUmansky) to stay in the loop regarding current luxury real estate happenings, and view his listings here.
Billy Rose was recently named the #21 Realtor in the country by The Wall Street Journal, and he has been representing high net-worth and celebrity clients for more than 25 years. Rose, along with fellow CEO and founder Blair Chang, was named one of the United States’ Top 100 Residential Realtor Teams multiple times by The Wall Street Journal. For useful real estate information, connect with him on Twitter via (@IamBillyRose). See his profile and listings here.
Photo Above: The landmark House of Rock in Santa Monica.