Hints and tips:
...Who Lisney Sotheby’s International Realty Howth, County Dublin, €6mn Where Within walking distance of Howth, a fishing town on a peninsula of the same name on the east coast....
...When the business introduced a franchise model eight years later, Kraft acquired the exclusive licence for Sotheby’s International Realty France-Monaco....
...(FT) News round-up CVC in talks to set up $4bn global tennis group (FT) Barclay family settles dispute over bugging at Ritz (FT) Blackstone to buy datacentre operator QTS realty trust for $6.7bn (Wall...
...Cerberus first invested in the company in 2006, and along with the property groups Kimco Realty, Klaff Realty, Lubert-Adler Management and Schottenstein Stores bought it from Supervalu in 2013....
...The trust is a corporation owned by DJT Holdings LLC — that is, Donald J Trump. Mr Trump appears to owe the money to himself....
...News round-up WhatsApp hack led to targeting of 100 activists (FT) General Motors warns of $2.9bn blow from US factory strike (FT) UBS becomes first foreign IPO sponsor on China’s Star (FT) Digital Realty...
...Under pressure from Senvest Management, a New York hedge fund, Colony last year slashed the management fees it collects from Northstar Realty Europe, a publicly traded real estate investment trust....
...They’re simply the best at what they do,” said Craig Deitelzweig, chief executive of New York-based Marx Realty....
...The fee arrangement came about as the result of a merger between Colony and two other Northstar entities: Northstar Realty Finance, also a Reit, and Northstar Asset Management, which was meant to manage...
...At one point, there were three Northstar entities: Northstar Realty Europe; Northstar Realty Finance, also a Reit; and Northstar Asset Management, which was meant to manage and earn fees on the other two...
...Colony Capital, a real estate company that grew by investing in distressed mortgages after the financial crisis, merged with Northstar Realty and Northstar Asset Management in January last year to create...
...“While Kushner Companies has been a Citi client for years, we dealt exclusively with RFR Realty, the other partner in the joint venture, on this loan.”...
...s largest private landlords, and SL Green Realty, an S&P 500-listed real estate investment trust....
...The collapse led to both private equity groups and Vornado Realty Trust to lose out on the $1.3bn of equity they sank into the retailer. However, the losses were offset by the more than $360m in fees....
...Toys R US — which was taken private in a $6.6bn deal in 2005 by Bain Capital, Kohlberg Kravis Roberts and Vornado Realty Trust — has roughly $400m of secured and unsecured debt maturing in May and October...
...Robin Paterson is the chairman of UK Sotheby’s International Realty See predictions from the FT’s Nathan Brooker, Christie’s International Real Estate, Savills and Knight Frank....
...Since KKR, Bain Capital and Vornado Realty took the company private in a leveraged buyout in 2005, the company has spent more than $250m a year servicing some $5bn of long term debt....
...“People come here for golf,” said Joyce Tawes, associate broker for Realty One Group, an estate agency in Scottsdale, a golf-centric city outside Phoenix. “Golf is a big deal in Scottsdale.”...
...The lawsuit, brought by shareholder Capital Structures Realty Advisors, also targets biotech billionaire Patrick Soon-Shiong, who last week bought a 13 per cent stake in Tribune, for “aiding and abetting...
...The influx of tech executives is already making its presence felt in the market, says Robert Kesting, a broker with RE/MAX River Run Realty of Sun Valley....
...Apollo is buying control of the vehicle from real estate entrepreneur Nicholas Schorsch, who controlled American Realty Capital Properties, a Reit that has had significant accounting issues....
...In San Jose, a city within Silicon Valley in northern California, homes sold in just over a month on average, says the realty group....
...Partly, the rise in prices is caused by a shrinking inventory, says Rylan Jacka of Sotheby’s International Realty....
...They now have support from shareholders representing 31.6 per cent of Songbird’s free float, having received letters of intent from EMS Capital, Madison International Realty and Third Avenue Management....
...Orchard in turn sources loans from platforms including Lending Club, as well as platforms like Dealstruck and Realty Mogul that focus on small businesses and real estate borrowers....
International Edition