— Expansion into Region Reflects Increased Interest from Foreign Investors —
Irvine, Calif. — July 14, 2015 — HomeUnion®, an online, real-estate investment management firm enabling value investing in single-family rental (SFR) properties announced today that it has added Southern California to its list of active investment markets. Investors can now find pre-vetted, SFR investment properties in Southern California, starting with properties in Los Angeles County, on the company’s secure website.
Although Southern California home prices are significantly higher than traditional HomeUnion® markets, due to strong appreciation they offer great growth potential. The company isolated this higher cost market because of strong interest from Asia-based investors who are seeking growth and a haven for capital due to the increased volatility of the Asian equity markets. HomeUnion® technology was developed to take friction and risk out of remote investing in SFR properties, a market of significant interest to both foreign and domestic investors.
According to real estate research firm CoreLogic, the Los Angeles area, has seen year over year price appreciation of more than seven percent, and it is forecasted to have similar growth over the next 12 months. HomeUnion® categorizes its investment properties as best suited for income, growth or balanced investing and the Southern California market offers a high concentration of growth properties.
“The disruption in the Chinese equity markets and the massive government intervention to halt a slide that began last year, has made tangible U.S. assets such as real estate in major markets like Southern California, attractive as a haven for investment capital,” explained Don Ganguly, CEO of HomeUnion®. “Our technology infrastructure allows investors from anywhere in the world to view properties, and initiate transactions based on a broad array of market data.”
In addition to Southern California, HomeUnion® is actively listing investment properties in:
- San Antonio
HomeUnion®’s investment site allows individuals to invest remotely in single-family real estate, making it an asset class nationally and globally accessible to all interested investors. With HomeUnion®’s guidance, investors choose a property from HomeUnion®’s database of vetted investments that best fits their investment needs. HomeUnion® manages the acquisition for the owner and then handles the ongoing management of the property. The site has been operational since last May.
HomeUnion® is an online real estate investment management firm, bringing value investing to the individual investor in single-family rental (SFR) properties. Based in Irvine, Calif., it provides all the services needed for individuals to invest remotely in SFR properties. HomeUnion®’s role spans the lifecycle of the investment transaction: from identifying sound investments, handling all aspects of acquisition, maximizing income, protecting asset value, to selling it when the time comes.
Campbell Lewis Communications