Jacobs, a north suburban homebuilder, lately asked strangers on the Internet to do something that banks are loath to do as of late: lend cash to purchase land for growth. In 18 days, the company raised barely greater than $1 million from 80 traders across the country, lots of them placing in as little as $10,000.

Area native, Blake Smith and his funding group have purchased 1 East Liberty (the US Bank Building) and intend to spend $1.6 million to renovate, increase and modernize the 92,000+ sq. ft. constructing with work planned to start inside the next two weeks. The NAI Alliance Workplace Properties Group of Scott Shanks, SIOR, Dominic Brunetti, CCIM, and Chase Whittemore, MS, helped broker the sale to Smith and will continue to have the Unique Lease Listing for the constructing.

iShares FTSE EPRA/NAREIT Developed Actual Property ex-US is another ETF supplied by iShares fund household. As … Read More