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...He pointed to a resumption of evictions as a reason to have “confidence in [the] cash flow growth” of its housing portfolio, according to details passed to the Financial Times after the event....
...Gray said that while US apartment construction had soared in recent years, an ongoing “housing shortage” in America would keep pushing rents higher in a boon for landlords like Blackstone....
...It followed last year’s $6bn acquisition of Extended Stay America, a lodging chain geared towards out-of-town workers and others who spend long spells away from home....
...and travelling to Latin America and other regions overseas as an official envoy of her husband....
...On warm summer evenings, you might find a joyful drumming circle filled with percussionists of all ages uniting for a sunset session....
...affordable housing....
...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....
...Hotels housing the out of state reinforcements are at capacity....
...Nadeem Meghji, head of Americas real estate at Blackstone, this week made an appearance on “BX TV”, the company’s Monday morning global video call for employees....
...The property, like most of the 500 homes in Trousdale — a secluded, 400-acre enclave directly above the Sunset Strip — is a single-level Modernist home....
...The pair — who are among the best-known volunteers for the affordable housing charity Habitat for Humanity — have been married for 76 years....
...Stuyvesant Town, one of America’s biggest rental apartment complexes....
...She lives near Sunset Harbor, a neighbourhood popular for its independent boutiques, restaurants, bars and cafés....
...Our 5.4% assumed rental housing and industrial exit cap rate is 160bps above the 10Y treasury yield of 3.8%....
...So I will extend the sunset on the Energy Profits Levy for an additional year to 2029 raising £1.5bn....
...Bank of America published this half-serious chart last month (h/t Brent Donnelly): The whole sector is wobbling. Kraken, a major exchange, laid off 30 per cent of staff on Wednesday....
...Unlike in North America, where there are at least Native American cultures of burning to draw on, in Europe much of the knowledge has been lost or never acquired....
...The Institute of International Bankers has named Beth Zorc, formerly senior counsel for the US Senate committee on banking, housing, and urban affairs, as its next CEO....
...That’s going to hurt a lot of the frothier regional real estate markets that took off after the pandemic. And housing makes up 52 per cent of BREIT’s portfolio....
...But within a few years Blackstone was making waves with its own property purchases, dispatching representatives to foreclosure auctions to buy tens of thousands of empty homes, creating one of America’s...
...But at an average of $1.37mn, they remain among the highest in the US. It isn’t just the housing that is cheaper beyond the Bay Area....
...Some of the $150,000 seed capital won by UpRoot will be used to expand out of Taiwan and into the Americas, with a target of $20.5mn annual sales within five years....
...One day each winter, Wreaths Across America and its vast legions of volunteers dispatch to thousands of cemeteries to lay wreaths....
...The company now owns 17,000 houses across America....
...There’s no messing about with a name to summon up cocktails at sunset, or that promises minimalist chic....
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