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...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”....
...Leonard Snoeks, the partner of a city planner, turned on the speaker he had strapped behind his seat, the size of an ’80s boombox....
...and convert lofts at existing homes....
...Hines, its partner on that venture, is also convinced there is a shortage of top-quality office space. RXR, meanwhile, is soon to join the fray with 175 Park Avenue....
...The tea division, which includes the PG Tips and Lipton brands, was sold this week to CVC Capital Partners for €4.5bn....
...in at almost double their estimate; the second because the quote they received for a loft extension when their offer was accepted rose dramatically in only three months....
...He and his partners paid $5.2mn for the 1926 building, and then spent $14mn on the conversion. A dozen years later, they sold it for $85mn....
...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....
...The firm’s founding partners were both born in Basel in 1950 and have known each other since primary school....
...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....
...My partner called it “Thorpe Park” (after the theme park near London)....
...Unlike its equity partners, who took home $7.4mn each on average last year, the non-share partners earn just six figures....
...‘Financialised affordable housing’ For some, the obstacles to home ownership have been physical rather than contractual....
...Meanwhile, prospective residents can select from industrial lofts by Florentine studio Q-Bic, apartments designed by the architectural firm Quincoces-Dragò & Partners, and luxurious dwellings conceived by...
...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....
...The AIG transaction comes after Blackstone last month spent $6bn acquiring Home Partners of America, which buys and rents single-family rental properties in US suburbs that are in the grip of a post-pandemic...
...Blackstone has agreed to acquire Home Partners of America, a buyer and operator of single-family rental properties, for $6bn, a signal of confidence from the world’s largest real estate manager that the...
...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....
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