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Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
Gulf American Land Corporation (GALC) was a land development company in Florida founded by brothers Leonard and Jack Rosen. During the late 1950s and 1960s, GALC was the largest land sales company in the United States. [2] The company is noted for its role in the development of Cape Coral, and pioneering the sales method of installment land ...
The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and poor building standards. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [1]
In 2021, the company acquired 1 community in Alabama for $4.6 million, [14] 1 community in South Carolina for $3.4 million [15] and 1 community in Ohio for $10.3 million. [16] The company also acquired 1 community in Florida for $22.2 million through its joint venture with Nuveen Real Estate. [17]
The property's 500 feet of water frontage — at one point the most available for sale in South Florida — made the multimillion-dollar property stand out, according to Realtor Michael Ivancevic.
From stock market news to jobs and real estate, it can all be found here. ... The "8-Mile" actress purchased the property in 2003 from Britney Spears, whose unsettling experience there reportedly ...