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How Alternative Data And Tech Can Influence Real Estate Investment Decisions
Sourav Goswami, Managing Director, Buckingham Corporations, and cofounder of Haystacks.AI. getty The Covid-19 pandemic set off a series of gatherings that resulted in significant federal government intervention, and the adjust that resulted with regard to capitalization prices (“cap rates”), a popular evaluate of generate in actual estate, was not usually as predicted. I have been performing with Dr. Tim Savage, Chief Economist at Haystacks.AI, to examine the correlation in between many metrics and cap prices, hunting for consistent indicators. Though most persons are inclined to emphasis on variables these kinds of as the 10-12 months U.S. Treasury or credit history spreads, we have concentrated on the relevance of alternate data…
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Goldman Sachs is betting that you’ll want a $10,000 loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into the finances of ordinary Americans. The bank expects to add one million customers a year to its budding Marcus retail division through the acquisition of GreenSky, announced in September at a $2.2 billion price tag, Goldman executives said in their first interview after the deal closed Tuesday. GreenSky is an Atlanta-based buy-now, pay-later fintech firm that focuses on construction loans with an average $10,000 size. “It a great acquisition engine because we expect to bring a million…