Metaverse Not Just A Trendy Word After $5 Million Commercial Real Estate Deal

By KIMBERLEY HAAS and TYRONE TOWNSEND TCG World has announced a strategic partnership with Curzio Research, which has spent $5 million to acquire 19 commercial real estate properties inside the Metaverse. The acquisition is one of the largest real estate purchases for virtual property inside the Metaverse, and Curzio plans on building its headquarters in the Asia region of TCG World, near WallStreetBets. By being part of this region, company leaders expect to have access to traders. VIP members can meet with other investors, attend live events, host conferences, listen to exclusive podcasts, and hold special education courses, according to a video posted online. Curzio is expected to complete its headquarters before September. More celebrities and companies are putting money…

Commercial And Industrial Real Estate Doing Well

By CHUCK GREEN While climbing interest rates are throwing a monkey wrench in the U.S. economy, commercial real estate – at least in the short term – seems to be looking up. In a recent address to the 2022 REALTORS Legislative Meetings’ Commercial Economic Issues and Trends Forum, NAR Chief Economist Lawrence Yun said regardless of burgeoning rates, the commercial real estate market is expected to prosper. “Outside of the office sector, which is lagging behind as employers allow increased remote work flexibility to keep and attract talent, commercial real estate continues to strengthen,” Yun said. Apparently shucking aside setbacks in light of the 2020 and 2021 pandemic, heading into this year conditions were looking up for the commercial real…