RookView Blog

Bellevue, WA April 16, 2024– Legacy Group Capital announces the acquisition of Boulder-based fintech Rook Capital, creator of the Shared Value Investment™. The acquisition will accelerate Legacy’s innovative work in serving the housing needs of “the missing middle.”

Almost every day there are news articles published that talk about the carnage in the housing market from drying up mortgage businesses and reduced home sales due to increasing interest rates. The threat of recession is looming and no one really knows what 2023 and beyond will bring.

We’ve been reading the news too. And yes, there’s carnage out there. The stock market is whipsawing, crypto currencies are in trouble, and housing- yes housing- is the source of skepticism, angst and layoffs.

We believe in community and we believe in events. They share commonalities in so many ways.

With major coins down 80% from all-time highs, a sense of uncertainty about the future of crypto has set in among investors and the wider public.

The US Housing Market has been “on fire” over the past two years. Several areas have seen increases of over 40% in this period and the aggregate value of US houses has risen a whopping $7 trillion. As of March 2022, US housing stock is valued at $44 trillion, a number that is more than twice the country’s GDP.

An extremely savvy investor and an equally astute marketer, Romi Mahajan has invested in a number of niche and interesting companies. Express Computer spoke with Romi Mahajan, to understand some of his recent and future bets

{{Fifteenth in the Real People as Entrepreneurs Series} I met Ed Messman by luck; or perhaps I met him because of his industriousness and gregarious nature. Either way, I’m the better for it.

Stop us if you’ve heard this one before: “Two startup guys walk into a coffee shop. Having spent their entire careers with tech startups, they’re a bit weathered, kind of stubborn and still absolutely dream-filled. They were looking to create something that would make a difference for the next generation — their Gen Z kids’ generation.

Alongside the Rook platform, we’re also launching Rook Tokens to our early users. The earlier you sign up, the more tokens you’ll eventually receive. The more tokens you have, the more upside you’ll get down the road. In the future Rook tokens can be traded on crypto exchanges. Want to know more about how tokens work? Read on.

Real estate is huge.To get a grasp on just how huge it is: the global equity market capitalization is valued at $70.1 trillion. The global bond market is topping out at $92.2 trillion. Real estate is a whopping $217 trillion — making it the world’s most important asset class.

With unprecedented frothiness in the housing sector in 2020 and 2021, the residential real estate asset class in the US alone has crossed the $40 trillion mark, landing in fact closer to $44 trillion as of this writing. This makes housing far and away the largest asset class in the world.