San Francisco, California–(Newsfile Corp. – April 26, 2024) – Cohome, a leading platform in the real estate sector, is revolutionizing the industry with the introduction of a fractional ownership marketplace. This new offering is designed to democratize real estate investment, making investment home ownership accessible to a broader audience of retail investors and an effective solution for real estate brokers.
Cohome is revolutionizing the real estate industry with the introduction of a fractional ownership marketplace.
Marketplace and Financing Innovations
Cohome has developed a marketplace that enables retail investors to acquire curated investment properties with as little as 1/8 ownership. The company’s creative financing approach, which does not require a W-2, FICO score, or personal guarantee, opens investment opportunities to more investors who may not qualify for traditional financing methods. This innovative approach simplifies the traditionally complex processes of buying and selling real estate. It also enhances the ability to easily resell fractional real estate in an open market which captures the equity gains that has been traditionally the highlight associated with real estate ownership.
Special Vehicle and Management Structure
To facilitate a seamless investment experience, Cohome has established a special vehicle and a hands-on management structure. This setup allows co-owners to diversify their investment portfolios through real estate ownership without the usual hassles associated with property management and lack of control associated with other models.
Expanding the Model
Initially focused on the vacation rentals sector, Cohome enabled investors to co-own properties with flexibility and enjoy the properties as vacation homes. Building on this success, Cohome has expanded its co-ownership model to include a wider range of investment opportunities, such as long-term rentals and short-term flips.
With these efforts, Cohome stands at the forefront of real estate innovation, poised to make a lasting impact on the industry.
Dedication to Innovation and Collaboration
Under the leadership of founder Mao Du, Cohome has shown unwavering dedication to innovation and collaboration. The company has significantly expanded its partnerships, working with millions of underrepresented real estate brokers to provide an effective solution to their business challenges in the new era.
Real Estate Brokers are fueling our expansion while Cohome provides an innovative home ownership to their business in the new industry era.
About Cohome
Cohome is a San Francisco-based FinTech company specializing in real estate investment solutions. Since its inception, Cohome has been committed to providing innovative and accessible investment opportunities that empower retail investors and enhance the role of real estate brokers in the marketplace.
Contact Details:
https://www.cohome.com/agents
https://www.cohome.com
Mao Du CEO of CoHome
415-940-8929
mao@cohome.com
https://www.linkedin.com/company/cohome-co/
https://www.facebook.com/CoHomeApp
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206807
Art has long been a passion for many, but for some celebrities, it’s more than a hobby or an aesthetic choice — it’s a significant investment opportunity.
From Hollywood stars to music icons, celebrities have been drawn to the art world for various reasons, including diversification of their portfolios, cultural enrichment and the potential for substantial returns. Some iconic artists with a keen eye for artwork have even seen returns as high as 965% in just 10 years.
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With returns as high as 300%, it’s no wonder this asset is the investment choice of many billionaires. Uncover the secret.
Why Celebrities Invest In Art
For certain celebrities like Oprah Winfrey, Leonardo DiCaprio and Jay-Z, investing in art goes beyond mere financial gain — it’s a statement of cultural appreciation and a means of diversifying their investment portfolios. Many celebrities are passionate about art and see it as a tangible way to support artists and preserve cultural heritage.
Additionally, investing in art allows celebrities to express their tastes and personalities, whether by collecting classic works from renowned masters or discovering emerging talents. Unlike traditional asset classes such as stocks and bonds, which are subject to market fluctuations, art has historically demonstrated resilience and the potential for long-term growth.
Leonardo DiCaprio, Jay-Z And Eric Clapton’s Art Investing Success Stories
DiCaprio has solidified his status as a Hollywood icon, known for his roles in blockbuster films such as “Titanic” and “The Wolf of Wall Street.” But beyond the silver screen, DiCaprio has ventured into art investment, committing millions to the industry. In 2015, he added a 1973 Frank Stella piece to his collection. Not content with his acquisitions, DiCaprio orchestrated a Christie’s sale in May 2013, snagging a Takashi Murakami painting for himself. In recent years, DiCaprio was spotted at the Eykyn Maclean gallery taking in Andy Warhol’s “Flowers” before making waves at a contemporary art auction at Christie’s Auction House.
Similarly, music mogul Jay-Z has made significant investments in art, leveraging his influence and wealth to support emerging artists and promote diversity in the arts. Following his appearance at a charity auction alongside his wife, Beyoncé, NFL star Tom Brady and Kim Kardashian, Jay-Z left many stunned by his casual donation of a custom watch valued at $1.5 million. The auction house is not unfamiliar territory for the rap mogul. Sotheby’s reports that Jay-Z made a hefty investment in 2013, acquiring the Jean-Michel Basquiat painting “Mecca” for over $4 million. Since then, his blue-chip art collection has soared in value and is now estimated at over $70 million, with a notable focus on icons of African American art.
Another recent headline-making investment was by musician Eric Clapton, whose astute art investments yielded substantial returns. With a background in art education, Clapton’s discerning eye and passion for collecting translated into a lucrative venture, culminating in a remarkable 965% return on investment over a decade. His decision to divest part of his art collection at auction resulted in record-breaking sales, including a piece by Gerhard Richter that fetched double its estimated value and set a new benchmark for contemporary art sales.
Investing In Art With Masterworks
For those inspired by the success stories of celebrities and eager to explore the art investment, platforms like Masterworks offers a unique opportunity to participate in the market. Masterworks allows investors to buy shares in blue-chip artworks by renowned artists such as Pablo Picasso, Claude Monet and Warhol, providing fractional ownership and potential exposure to the appreciation of valuable art assets.
With a user-friendly platform and comprehensive due diligence process, Masterworks makes art investing simple, transparent and accessible to all. By investing in art with Masterworks, you can join celebrities and investors worldwide in diversifying your portfolio, supporting artists and experiencing the cultural enrichment that art has to offer.
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This article Celebrities Like Leonardo DiCaprio And Jay-Z Are Investing In This Asset to Diversify Their Portfolios And Make A Cultural Impact originally appeared on Benzinga.com
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