Real estate is one of the hottest investment stories on the Street. That’s because fro the first time in six years, home prices logged an annual gain in 2012, and that momentum has carried into 2013.
But while there is consensus that real estate is rebounding, how to profit is a different story.
The Madison Square Garden Co. ($59.44 0.02%) is an integrated sports media and entertainment company that provides investors with exposure to a one-of-a-kind real-estate asset: New York City’s Madison Square Garden.
The company is maximizing value and expanding margins with a $1 billion renovation project wrapping up this fall that will enhance fans and performers’ experiences. That includes upgraded seating, more bathrooms, retail space and a wider selection of food. The facility will also receive upgraded lighting, sound and video systems.
Madison Square Garden offers the Street exclusive real estate investment | HousingWire.