23.05.2005
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Individual investors, called angels, pumped $22.5 billion into
new companies last year, according to a recent study. That’s an increase of 24
percent over 2003 and a full billion more than the venture capital industry
mustered.
Link: Hard-to-Find Angels Help Propel Economy.
23.05.2005
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According to the revised figures, online real estate advertising in 2005 will increase 55% over 2004. Borrell projects that online real estate ads will total $1.8 billion this year, which equates to 15.9% of all real estate ad spending, up more than five percentage points from last year
Link: More Real Estate Ads Move Online.
23.05.2005
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45-year-old Case said he is betting more than $500 million of his own money that he will be able to transform the way consumers are treated in the healthcare and hospitality industries. The Revolution team includes Donn Davis, a former top lieutenant at America Online; a pair of former Time Warner acquisitions specialists; and Ron Klain, Revolution’s general counsel.
So far, Case has purchased majority stakes in Wisdom Media Group Inc., a health-oriented radio and television broadcaster, and two upscale businesses: Exclusive Resorts LLC, a vacation club offering luxury accommodations for the rich; and Miraval, a high-priced resort and spa.
Link:
AOL co-founder having ‘fun’ in healthcare, resort venture – The Honolulu Advertiser – Hawaii’s Newspaper.
23.05.2005
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June 05 Cover Story
Multiple Home Economics Real estate developers are building second- and third-home communities with abandon and boast of strong demand for each new offering. But apart from the marketing spiel, how does a second or third home hold up as an investment? This article examines the economic underpinnings of the second and third home market and trends that may affect the value of these assets.
Link: | Worth.
23.05.2005
Current Affairs
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In case it’s slipped by you, several major players in the communication field are now lobbying to block efforts by cities to create easy access wireless in the US. By contrast, India and China are doing everything they can to create public access to the Internet..
Link: On the Dot: Should cities offer free Wi-Fi? – Internet.
23.05.2005
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TRUMP Hotels & Casino Resorts, Inc completes recapitalization.
Link: Smith Travel Research.
23.05.2005
Articles
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Cover Story for Worth magazine – June 05 issue
Investment Outlook – The Private Resort Real Estate Boom
http://www.worth.com
23.05.2005
Reading Material
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Article in the May 05 Consumer Reports - Cover Story – Your Home Protect your biggest investment
Owners: 20 tips that can save thousands
Buyers: Hidden cost of mortgage brokers
Sellers: Cut Commissions in half (or more)