Hints and tips:
...April Housing brushed aside the sixth circuit ruling, saying it had “no impact on the economics of the deal or how we engage with our partners”....
...It confirmed Related’s evolution from an affordable housing specialist to a developer of mixed-use projects that blend retail with luxury condominiums and offices....
...The tea division, which includes the PG Tips and Lipton brands, was sold this week to CVC Capital Partners for €4.5bn....
...One partner in the fund told the Financial Times that the poor recent performance of Asian markets and economies may have put pressure on investors, who now need cash to meet their obligations....
...It’s a pool of money, mostly from wealthy individuals, which is used to buy property assets including warehouses, apartments, student housing and data centres....
...Blackstone’s April Housing unit says it hopes to resolve the disputes soon, and that the court ruling would have “no impact on the economics of the deal or how we engage with our partners”....
...Some critics of that deal said the Home Partners business model was primarily a way of sourcing properties to create a new breed of corporate landlord....
...At Simpson Thacher, where equity partners took home almost $6mn last year on average, partner headcount has shot up significantly since the firm brought in salaried partners in 2019....
...The two men had revolutionised housing finance once before....
...Blackstone’s investments in suburban housing are the stuff of legend....
...DD wonders how many potential LPs will get to the bottom of how it really works before committing money to the new fund....
...Bosses on the plantations hold power over workers’ jobs, housing and medical care....
...housing assets....
...housing boom....
...US housing market boom is here to stay....
...On Tuesday, the world’s biggest property investor announced that it would acquire Home Partners of America at a $6bn valuation....
...Wall Street is keen to present itself as a constructive partner for housing charities, too....
...$6bn acquiring single-family rental property buyer and operator Home Partners of America last month....
...A senior partner at another large US-based private equity company that has offices in China said the country was “too important to walk away from”....
...By the time the RJR Nabisco boss was forced out by KKR’s record-breaking 1989 takeover of his company, Johnson had personally supervised the construction of a $12m hangar housing at least half a dozen jets...
...DD can also reveal that SKDKnickerbocker, the politically connected public affairs group led by Josh Isay, has bought financial communications group Sloane & Company from MDC Partners....
...Goldman started investing in UK student housing in 2013 and then teamed up with the Wellcome Trust three years later....
...“In the first couple of weeks of March there were a lot of buyers and very few sellers”, said David Riley, a partner at BlueBay Asset Management....
...Hyperoptic initially concentrated on metropolitan areas by kitting out housing blocks with full-fibre lines, a plan labelled “Project Cherry Picking” by its founders who are veterans of the UK telecoms sector...
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