Barry Kostiner - Comments
CFO
Contributor's Links: Ameri100
Barry has over 20 years of finance and management experience in a diverse set of industries including health care, consumer finance, online education, energy trading / risk management, and oil gas. Barry began his career in management consulting before transitioning to energy risk management ...more
Latest Comments
Analyzing Private Real Estate Investments Vs. Public REIT Valuation
2 years ago

Thank you for your comment. I believe there is too much focus on the negativity of private equity firms driving up prices as well as “gentrification” of neighborhoods. For example, Zillow recently exited the home buying business. See: https://www.protocol.com/bulletins/zillow-exits-the-home-ibuying

My company Legacy Education (OTC: LEAI) is focused on investing in social housing and educating people on how to invest in real estate.

The number of vacant homes compared to homelessness is astounding! For example, see:

https://www.self.inc/info/empty-homes/

We are building a fund to invest in acquiring vacant homes in distressed neighborhoods to provide housing for people recovering from substance abuse, mental health issues or formerly incarcerated, as well as foster care children who have aged out of the system. There are plenty of opportunities to do well by doing good, and the gentrification of private equity firms still leaves plenty of distressed neighborhoods ½ mile away that need a kind heart and the focus of impact investors.

In this article: SPG, NLY, NRZ, VNQ
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