According to the commission, Alexandra H. Cock and her firm, Wealth Plus, raised more than $2.5 million in securities in two real estate investment management companies that defrauded investors of millions of dollars.
Properties in Ohio, Texas and Oklahoma will represent more than 90 percent of Dream Residential’s forecast net operating income.
Rapid rent increases are helping offset increasing debt costs, keeping the sector in favor among buyers.
This short-term model allows investors to potentially capitalize on current trends, rather than future market growth.
Multi-story construction is now economically justified in many markets due to skyrocketing land prices for industrial development.
The program, known as Chapter 313, provides property tax breaks for as long as 10 years in exchange for business investments.
Investors have committed nearly $1 billion in equity to Quinn Residences as it amasses its portfolio.
