Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. June 23, 2019

Court Nixes Federal Approval For Cadiz Pipeline To Suck Water Out Of The Mojave To Sell

The 43-mile pipeline was approved after former Cadiz lobbyist David Bernhardt became deputy secretary of the Interior. : A federal court has ruled that an environmental review exemption by the Trump administration for a pipeline to extract water from the Mojave Desert is illegal. The 43-mile pipeline planned by Cadiz Inc. would cut through Mojave Trails National Monument and other public lands in southern California to suck ground water out of the desert aquifer and sell to cities. It would pump an estimated 16 billion gallons a year from the fragile desert ecosystem.
Read by 40% of LPs 32 minutes ago

Cytonn Plans One Housing Project At A-time

Cytonn adopts one project at-a-time strategy for its future investments. : Real-estate market slowdown has seen Cytonn Investments adopt one project at-a-time strategy for its future investments. Speaking in Nairobi when he launched its pension business, Cytonn executive director Edwin Dande said slow economic growth has hurt property sales across the real-estate market forcing it to change tack. The firm will start with the Sh4 billion Ruaka The Alma mixed-use development comprising 477 units where the first 123 units will be handed over to owners soon.
Read by 46% of LPs 32 minutes ago

Lone Star Funds Announces Final Closing Of Lone Star Real Estate Fund Vi (lsref Vi)

DALLAS, June 24, 2019 /PRNewswire/ -- Lone Star Funds today announced that it has completed the final closing for Lone Star Real Estate Fund VI, L.P. ("LSREF VI"). Since the establishment of its first fund in 1995, Lone Star has organized 20 private equity funds with aggregate capital commitments totaling approximately $85 billion. The firm organizes its funds in three series: the Commercial Real Estate Fund series; the Opportunity Fund series; and the U.S. Residential Mortgage Fund series. LSREF VI is the firm's sixth dedicated commercial real estate fund. ...Full story available on
Read by 73% of LPs 32 minutes ago

Christina M. Andreacchi, Esq Is Recognized By Continental Who's Who

HANOVER PARK, Ill., June 24, 2019 /PRNewswire/ -- Christina M. Andreacchi, Esq is recognized by Continental Who's Who Pinnacle Top Attorney at her Private Practice. Dedicated to promoting and protecting her clients' interest while providing effective legal counsel, Christina M....
Read by 80% of LPs 32 minutes ago

Real Estate Investor Jack Terzi Secures Loan At 63 Spring Street Based On Strength Of Retail

Real estate investor Jack Terzi is out to prove that buying up brick and mortar retail space is a smart investment. Terzi, who runs his own real estate investment and brokerage firm JTRE Holdings,... To view the full story, click the title link.
Read by 68% of LPs 32 minutes ago

Pwani Oil Own Power Cuts National Grid Purchase By Half

Pwani Oil switches to its co-generated energy to cut costs. : Mombasa-based Pwani Oil Company has slashed the use of electricity from the national grid by more than half as it switches to its co-generated energy to cut costs. The company is now using its 1,500 kilowatt project at the Kikambala plant to supply up to three quarters of the energy requirements. Commercial director Rajul Malde says this has seen the cost of energy drop significantly due to the cheaper cogeneration.
Read by 43% of LPs 1 hour, 2 minutes ago

Us Stock Indexes Edge Mostly Lower Ahead Of Trade Talks - San Antonio Express-news

U.S. stock indexes edged mostly lower in afternoon trading Monday, giving back some of the market's solid gains from last week. Investors eased into trading ahead of a highly anticipated meeting between the U.S. and China's leaders later this week. The world's two largest economies have been embroiled in a trade war that has taken the market on a volatile roller-coaster ride this year and Wall Street is hoping for a deal. Health care stocks led the losers as pharmaceutical giant Bristol-Myers Squibb and its buyout target Celgene stumbled. Consumer discretionary stocks and banks also helped pull the market lower.
Read by 44% of LPs 1 hour, 32 minutes ago

Jay Inslee Climate Plan: How To Phase Out Fossil Fuel Production In The Us

This is going to make some people mad. Jay Inslee's presidential campaign has been releasing its climate policy -- the central rationale for its existence -- in pieces. Extremely large, detailed, and nuanced pieces. I covered the first piece, on getting to 100 percent clean energy in electricity, new cars, and new buildings, here. I covered the second, a 10-year, $9 trillion investment plan, here. The third was about how climate change would reshape foreign policy under Inslee. You can read it here. On Monday, the fourth piece, "Freedom From Fossil Fuels," is out.
Read by 44% of LPs 2 hours, 2 minutes ago

10 Must Reads For Cre Investors On June 24, 2019 | National Real Estate Investor

Restaurants push back against fees charged by delivery companies, reports the Wall Street Journal. Rent is becoming increasingly unaffordable for many U.S. workers, according to Forbes. These are among today's must reads from around the commercial real estate industry.
Read by 43% of LPs 2 hours, 22 minutes ago

Blend Raises $130M In Series E Funding

SAN FRANCISCO, CA, Leader in digital lending technology, announced it has raised $130M in Series E funding led by Temasek and General Atlantic.
Read by 67% of LPs 2 hours, 22 minutes ago

A&m Capital Garners Over $1B For Sophomore Fund

A&M Capital Partners has raised over $1 billion for its second fund, according to an SEC filing. No target was listed in the document.
Read by 78% of LPs