Sep
01

Data and Technology – Drivers to Successful Real Estate Investing

Step aside retail investors, there is a new player in the real estate investing town – Big Data. Prior to the tech bubble, it was difficult to find or gain access to information regarding real estate. Unless it was a full-time gig, you needed relationships to gain access to real estate investment opportunities. Even with that information alone, you still needed to drive the property to see if an investment made sense. Completing a comparative analysis of properties a-like was the most effective way for retail investors to make a decision. Post tech bubble; however, this process became rare. During the post-tech bubble in the early 2000’s, revolutionary technologies, such as Google Maps, Redfin, Zillow, and Walk Score, appeared in the world. This became the first major step in shifting the way we invest in real estate. These technologies provided, nearly, instant gratification when seeking answers to questions involving real estate. Faster than […]

Jul
27

Mavrix Group Partners with Karim Rashid and DiversyFund

DiversyFund joins forces with Karim Rashid and Mavrix Group to finance and develop a stunning home in the desirable community of La Jolla, California. Karim Rashid, an established designer with over 32 years of experience, will take an existing home that was under partial construction and redesign the home’s interior structure. Karim plans to incorporate California’s natural surroundings to evoke fluidity of the neighborhoods contemporary design. One of the main reasons Erin Wicomb, Founder of Mavrix Group, brought Karim on was to have the designer incorporate his own personal flare to make the property truly one of a kind. Located at 7930 Costebelle Way, La Jolla, CA 92037, the home’s structural shell has about 6,000 SF of living space alone and that might seem secondary to the spectacular 180 degree ocean views. DiversyFund’s platform raised $1 million dollars to crowdfund the property’s construction. Craig Cecilio, Founder and CEO of DiversyFund, and […]