"The American dream no longer includes homeownership,” said Jordan Kavana, chief executive of Transcendent Investment Management LLC, a south Florida firm that has been a big acquirer of rental homes. “You will earn your equity in other ways, not your home."
In The Press
In The Press
Transcendent Investment Management Expands Operations to Peru
We are pleased to announce Transcendent Investment Management has expanded operations to Peru, offering real estate investment opportunities in the United States to Peruvian investors.
Our CEO, Jordan Kavana talks about our presence in Peru and investment opportunities in the U.S. real estate market, in an interview with Mundo Empresarial (World Business), a program of the Peruvian television network, Canal N.
See full interview here:
Transcendent Investment Management in Peruvian Press
The average portfolio of the Peruvian investor in the United States is comprised of 35 - 40% real estate investments; in Peru, only 20%. Our operations in Lima now affords investors in Peru greater access to include U.S. real estate in their short-term and long-term investment strategy.
Jordan Kavana has been confirmed for inclusion into Latin Trade's TOP 100 Most Powerful Businesspeople ranking for 2017
We are pleased to announce our Founder & CEO, Jordan Kavana has been confirmed for inclusion into Latin Trade's TOP 100 Most Powerful Businesspeople ranking for 2017.
America's Housing Market: the world’s largest asset class, worth $26 trillion, more than America’s stockmarket
Transcendent Investment Management's first operating business was formed in 2005 to acquire distressed U.S. real estate assets in bulk quantities; aggressively purchasing non-performing and re‑performing residential loans at historically low-price-points for renovation and disposition; resulting in high-yields, neighborhood rehabilitation and job creation across the U.S. Today, our vertically-integrated Build US Back® platform is used to research, select, acquire, renovate, rent and opportunistically resell properties for both short-term gains and long-term growth.
Jordan Kavana Discusses Foreign Investment Trends in Miami Real Estate: Spreading North to Broward County
The international investors who have historically focused on Miami are now venturing north into Broward County, which is experiencing its own development influx.
That was one of the main themes of a panel discussion hosted by The Real Deal during Thursday’s grand opening celebration for the $1 billion Metropica development across from Sawgrass Mills in Sunrise. More than 800 real estate professionals and other guests attended the event, which included the unveiling of Metropica ...
Transcendent closes $45 million real estate deal: Valencia at Doral
Valencia at Doral LLC, an affiliate of the Miami-based developer (NYSE: LEN) sold 204 units plus most of the common area of the complex at 10010 N.W. 44th Terrace to TIF-Velencia LLC. Attorney Daniel Kaskel, of Sachs Sax Caplan in Boca Raton, represented the buyer, which is managed by Jordan Kavana, an executive with Aventura-based Transcendent Investment Management.
"Our investment in Valencia will allow us to further expand our presence in Miami and enhance ...
Becoming a Millionaire Real Estate Crowdfunder
Investors have always liked real estate for the opportunity to own real property and invest in something familiar that generates returns. Will the crowdfunding model for real estate prove as popular? I think it should, for three key reasons: increased accessibility, greater transparency and significantly fewer geographical limitations.
Real estate crowdfunding allows the average Joe to access markets previously available only to executives and institutional investors. Investors can research real estate investment opportunities from home ...
Transcendent Investment Management acquires 204 units at the Valencia Doral Condominium
An affiliate of Jordan Kavana’s Aventura-based Transcendent Investment Management picked up 204 units at the Valencia at Doral Condominium in a bulk transaction.
TIF-Valencia LLC acquired the condos and club facility at the complex on Friday, according to an announcement from Sachs Sax Caplan partner Daniel Kaskel, who represented the company in the purchase. Valencia at Doral LLC is the seller.
The purchase price was not disclosed.
“This transaction evidences that the Florida Distressed ...
Transcendent Investment Management's Long Term Investment Strategy
Today's big trend in Florida real estate, and perhaps nationwide, is the emergence of firms buying scads of single-family homes such as this one in Riverview and then renting them out for cash flow.
Bankers have tried to coax Kavana to take his company, Transcendant Investment Management, public, but he's resisting. Where publicly traded companies will be under pressure to sell off their homes to make a quick profit, his company's in ...
Jordan Kavana Weighs-in on Long-term Investment Strategy on Bloomberg.com
“We have plenty of people approaching us to try to buy components of our portfolio or our entire portfolio,” said Jordan Kavana, director of Aventura, Florida-based Transcendent Investment Management, which has been acquiring single-family homes since 2008 and plans to spend $1 billion on properties over the next three years. “We’re not sellers though. We are looking at several of our competitors’ portfolios to buy.”
Investors Widen U.S. Rental Search as Home Costs Rise
Institutional investors should focus on factors beyond rental yields and the cost of becoming a landlord, such as crime rates, job growth, and proximity to retail, when selecting homes to buy, according to Jordan Kavana, director of Aventura, Florida-based Transcendent Investment Management, which has been acquiring single-family homes since 2008.
Transcendent, which plans to spend $500 million on rentals by 2014, is looking at where it can invest for the “long run and not just ...
Jordan Kavana, Founder of Personomics, partners with Startupbootcamp Digital Health Miami cohort
Startupbootcamp is welcoming two Entrepreneurs-in-Residence: Carevoyance of Miami, a data analytics platform that helps medical device companies expand their market, and Personomics, a healthcare company founded by Jordan Kavana to revolutionize consumer-driven wellness by providing health, diet, beauty and lifestyle solutions based on your DNA.
The selected companies are provided with seed funding, matched with an international network of healthcare customers to accelerate sales and given access to a network of top-tier venture investors to ...
Transcendent Investment Management Rolls Out Second Real Estate Fund
U.S. residential property values remain near their lowest levels in years, even as most other asset classes have recovered from their crisis lows. But Transcendent’s strategy is not dependent on this market improving—the company earns returns by “serving as a capital provider in the inefficient market for distressed properties.”