Trust deficits remain the biggest barrier to diaspora investment in Nigerian real estate, industry leaders said during a virtual summit on May 16, 2026, aimed at mapping strategies for building multi-million dollar property portfolios in Nigeria and the United States.
The Zoom summit, “Building Multi-Million Dollars Real Estate Portfolio in Nigeria and the U.S.,” drew hundreds of attendees and was supported by Houston-based Excel Estate and Periwinkle Condos, a subsidiary of Periwinkle Empire. The session was co-hosted by Mr. Olatunde Badmus, Founder of Excel Homes, and Mr. Tunde Olatunji, also known as “Mr. Condos,” Managing Director of Periwinkle Condos Limited.
Speakers said the event sought to equip Nigerians at home and abroad with practical steps for tapping real estate opportunities in both markets. The goal, according to organizers, was to move beyond traditional income streams and position cross-border property ownership as a vehicle for generational wealth.
Host Olatunde Badmus framed the opportunity as complementary: “Houston offers stability and financing; Nigeria offers velocity and land appreciation. The winning portfolio marries both.”
Trust Named Top ObstacleThe discussion turned pointed when Mr. Olatunji addressed diaspora hesitation to invest in Nigerian projects.
