Investing in the real estate industry is one of the hardest investment opportunities that investors fear. Many of them have not forgotten the losses they experienced after the industry faced extreme uncertainties and losses in 2008. However, the sector is currently booming, and a large number of investors are back. One of the most experienced real estate investor, Wes Edens, is back and has been sharing some tips about how investors should approach the real estate industry.
Wes Edens is one of the executive leaders at Fortress Investment Group, one of the organizations in the United States that has significantly invested in the real estate industry. One of the policies that the organization has been following is investing selectively in most of the real estate properties available in the industry. There are a significant number and categories of real estate properties such as buildings, land, and even luxury properties such as hotels.
Wes Edens understands that not all the real estate properties are beneficial to the growth and expansion of the company. Not all of the real estate properties in the industry are profitable. Most of the companies investing in this industry have been recording losses over the last few years. This is because they choose to invest in all assets that they come across. They have not been conducting extensive research to determine the income associated with a particular asset.
Investing in a majority of the real estate properties available is not a significant problem. The challenge emerges when an organization pays huge amount of money to a particular property that has a very long payback period. Wes Edens notes that most of the properties in the real estate industry are sold at very high prices such that it is challenging to get a resale value that would generate income to the company.
According to Wes Edens, it is essential for all organizations investing in the real estate industry to conduct a market analysis before they can choose any property to purchase. This strategy will enable an investor to gauge the profitability of a property, which will also be very useful in determining the payback period.
In early 2018, students from the Academy of Art University were challenged to redefine the concept of fashion and to include people with disabilities.
People with disabilities have various struggles that do not include fashion, the students from the Academy of Art University were designing clothes with these people in mind to help them facilitate a part of their lives that usually comes difficult.
Participants exchanged ideas and challenges with the thought in mind to make advances in an area not really explored in the fashion industry. This effort put on by the alumni and the panel are truly groundbreaking in design due to the possible market available and viewing people with disabilities as possible customers.
The guest panel include people like Stephanie Thomas, Beau Oyler, Chelsea Werner, all of them having disability issues of their own and are have a passion in for helping people with disabilities.
The Academy of Art University is a privately-owned school in San Francisco California and it is one of the largest privately-owned art and design schools in the United States. It was founded in 1929 and the number of students has increased from 2,000 to 18,000 by 2012.
The school offers associates, bachelor’s, and master’s degrees in many courses in fashion and design and some courses can even be taken online. The school also has athletic teams that compete in nine sports in NCAA division ll.
The university also operates a unique Automobile Museum that has a worth of over $70 million for its collection. Among the cars are 1926 Hispano-Suiza, Tucker 48, and the 1933 Pierce Silver Arrow.
The Academy of Arts teaches innovation with a great qualified faculty, state of the art facilities and a great program to allow their students to flourish. Many students have gone on to work for top 500 companies after graduation. Companies like Blizzard have offered art competitions for students with the ability to be featured in some of their games, like the very popular World of Warcraft a chance to win scholarship money towards their tuition.