Hints and tips:
...Private equity conflict Private equity firms are increasingly providing debt financing to companies they own, making them both owner and lender to businesses in their portfolios....
...“Every owner will be able to see the Manhattan skyline, the East River and the Statue of Liberty.”...
...Fellow Swiss wealth manager Julius Baer, which has a strong business in Asia, is expected to be a beneficiary: its shares have jumped 13 per cent this week....
...It has restarted construction of the Venice site and has begun selling apartments....
...Texas-based RealPage provides online services for property owners, including marketing apartments and operating online billing....
...“The vast majority of the value goes to the pre-IPO owners,” she said in an interview....
...Julius Baer has hired a team of UBS wealth managers led by Giuseppe De Filippo in a push to sell private debt and equity investments to clients. Read more here....
...Alphaville was recently flipping through the Paycheck Protection Program (PPP) data dump from the US Treasury and came across loans for two entities called Delight Holdco I LLC and Delight Holdco II LLC....
...One “here we go again” to start: The owner of French carmaker Peugeot is in talks with rival Fiat Chrysler Automobiles about a deal to merge with the Italian-American group and create a company with shares...
...Smart reads Church bets on Chelsea A real estate investment by the Vatican’s Secretariat of State in luxury apartments in London has landed the world’s most powerful religious organisation in hot water....
...DD has a soft-spot for the translucent grand piano that is stuck inside Miranda Kerr’s Malibu apartment....
...According to regulatory filings, however, Bayrock/Sapir Organization LLC had a third co-owner — the man who licensed his personal brand to the project....
...But the owners wanted twice as much . . . and they got it from a buyout fund....
...“With owner-occupied homes, the subsidy is direct,” says Prof Chandan. “On the multi-family side [large apartment complexes], it’s less clear how you provide subsidy for the renter.”...
...Another investment company, Orele Properties LLC, owns a $7m two-bed midtown Manhattan apartment, bought in 2013....
...“For me to sell 300 apartments is a very, very simple matter,” he said....
...“We are getting down to the end with the lender,” a principal at Witkoff emailed Low Taek Jho, known as Jho Low, the Malaysian owner of Jynwel Capital....
...The property is surrounded by 4.3 acres and includes a main residence, a one-bedroom apartment and a studio apartment....
...And most new apartments are sold unfinished, which means the owner takes possession of a bare concrete shell....
...Gables develops, owns and manages apartments across much of the south of the country and operates as a privately held real estate investment trust (Reit) – a corporate structure that affords landlords a...
...“Henri Samuel captured an environment that still resonates today,” says Suzanne Demisch, the gallery’s co-owner....
...The limited liability company (LLC) allows this protection without incurring entity level tax. Unfortunately, these vehicles generally lead to greater tax for UK citizens....
...From How Music Got Free by Stephen Witt, published on June 16, 2015 by Viking, an imprint of Penguin Publishing Group, a division of Penguin Random House LLC. Copyright by Stephen Witt, 2015....
...The largest offering to date by a US Reit was Douglas Emmett, owner and operator of office properties and apartment blocks, which raised $1.59bn in October 2006....
...Steve Rivkin, a broker at Planet Realty LLC, estimates that East Rock’s older-style brownstones and Tudor- or colonial-style homes (originally built for shipping magnates and factory owners) sell for about...
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