Friday, September 5, 2014

LeBron James Returning, Cleveland Rising

In the sports world, this has been a remarkable summer for Cleveland.  Its prodigal son, superstar basketball player LeBron James, came back home, and signed a deal with the Cavaliers, four trips to the NBA Finals in tow and two championship rings on his fingers.

Plus, the Browns drafted the much heralded, arguably overhyped Johnny Manziel in the first round.  The verdict is still out on the football trajectory of the rookie, who has yet to play his first NFL game.  But the young man they call Johnny Football has added quite a lot of media and fan attention for the oft-loser of a team. 

Recently a colleague of mine, who's a director with the Case Western University school of management, whose hometown is also Cleveland, mentioned that the Republican Convention for 2016 will be held there.

So no wonder real estate valuation in Cleveland is on the rise.  I was happy to hear that city officials have done a lot to combat crime, pollution and corruption, the plagues of modern day cities.  All told, they've certainly grabbed my attention.  I'd love to invest in that city, but at the very least visit Case Western and grab a ball game or two.

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