Kushner Companies closed on its purchase of a $1.1 billion portfolio of Mid-Atlantic apartment buildings with financing from Warren Buffett's commercial lending company, according to sources. Berkadia Commercial Mortgage provided Kushner with nearly $800 million in debt to finance the purchase of the portfolio of 6,000 rental apartments in Maryland and Virginia from private-equity firm Lone Star Funds, sources said. The deal closed yesterday. A spokesperson for Kushner Companies declined to comment, and representatives for ... [more]
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The Energy 202: Republicans Vote Against Bill Containing Their Key Climate Priority: Researching Energy Innovation - The Washington Post
They're putting other Energy Department initiatives first. : Analysis Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events In recent months, several Republicans have rallied around a single idea when describing their plans to address climate change: innovation. They argue that investing in new technology -- including in the next generation of nuclear reactors and nascent ways of sucking carbon dioxide directly out of the air -- is the best way to address climate change.
RICHMOND, Va., May 23, 2019 /PRNewswire/ -- Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the acquisition of the Pierre Laclede Center, a pair of Class A office towers in St. Louis, MO, including a four level, 1,304 stall parking garage. The asset was sold by KBS, a national private equity real estate company and investment advisor headquartered in Newport Beach, CA. The Pierre Laclede Center towers, located at 7701 and 7733 Forsyth Boulevard, are in the Clayton submarket of St. Louis.
SAN FRANCISCO, May 23, 2019 /PRNewswire-PRWeb/ -- Calvera Partners, a real estate investment firm, has acquired 430 & 450 Buena Vista Avenue, a 52-unit apartment building in Alameda, CA, for $15.95 million. The final acquisition for their current discretionary investment fund, the purchase is part of the firm's ongoing commitment to the repositioning of vintage multifamily properties in the Bay Area. The three-story building, constructed in 1964, will be rebranded with new signage, refreshed landscaping and common areas, and will include comprehensive upgrades to individual units. The property renovation will also address deferred maintenance issues and structural improvements.
Good parents want their children to grow up and do amazing things with their lives. While there are several factors that affect a child's development, most of it comes down to the parents. These factors and techniques are a great starting point for every aspiring great parent. Visit Business Insider's homepage for more stories. Good parents want their kids to stay out of trouble, do well in school, and go on to do awesome things as adults. And while there isn't a set recipe for raising successful children, psychologists have pointed to several factors that predict success.
Food delivery company DoorDash said on Thursday it raised $600 million in its latest round of funding, valuing the California-based startup at $12.6 billion.