The Lede

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This Startup Wants to Sell You a Slice of a Rental Home
Wall Street Journal, July 8, 2019--Ryan Dezember (subscription)A California startup is hoping investors will buy portions of houses as well. Roofstock, which operates a website where investors buy and sell occupied rental properties without disturbing tenants, has launched a marketplace where investors can buy stakes as low as 10 percent in single-family rental homes.
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New York Condo Conversions Near the End, a Casualty of Rent Reform
Wall Street Journal, July 8, 2019--Josh Barbanel, Will Parker (subscription)A longtime New York City practice that promoted homeownership, transformed neighborhoods and enriched thousands of middle-class renters is effectively over. It ended on June 14, when a New York state law to strengthen tenant protections went into effect.
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Foreign Investors Slow Down U.S. Hotel Acquisitions
National Real Estate Investor, July 9, 2019--Sebastion ObandoForeign investors reduced buying activity in the U.S. hotel sector so far this year, according to industry experts.
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