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...To the east of the city — the location of the Goodwood Rolls-Royce factory as well as Shopwyke Lakes, a new estate with nearly 600 homes — traffic can be so congested that it deters some buyers....
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...According to its annual report, the $60bn Blackstone Real Estate Income Trust generated $2.7bn in cash flows in 2023 but paid out a distribution of more than $2.8bn, resulting in the first annual shortfall...
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...Amherst Group, a real estate investment company, has hired Evan Levy as a vice-chair and member of the executive committee. He was previously co-head of real estate at Weil....
...But he now wants to get into real estate finance. “The definition of hospitality is looking after people, and I can’t name a business that doesn’t require that,” he says....
...But the pretend iconoclast of real estate heir Trump has the better rhetoric on wanting to break things up. So my takeaway is that it’s still the economics, stupid....
...Edwin Conway, who previously ran alts, will lead a new unit focused on private equity, infrastructure, real estate and climate investing....
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