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therealdeal.com August 20, 2020

Private Equity Firm Co-founder Sells Waterfront Tequesta Estate For $5M

The co-founder and general partner of a private equity firm sold his waterfront Tequesta estate for $5 million. Edward Elliott and his wife, Nancy Reid, sold the 7,000-square-foot house at 19000 Point Drive. The gated estate has five bedrooms, six bathrooms and sits on almost one-and-a-half acres. The buyer, Bella Properties of Tequesta, is tied to Stuart, Florida-based lawyer Rick Kozell and real estate agent Andrew Russo of Illustrated Properties. Russo also represented the buyer ... [more] The post Private equity firm co-founder sells waterfront Tequesta estate for $5M appeared first on The Real Deal Miami.
Read by 30% of LPs

nst.com.my 10 minutes ago

U.s. Commercial Real Estate Showing First Signs Of A Thaw | New Straits Times

Prices on U.S. commercial real estate deals showed signs of improvement in the third quarter, though the number of transactions tumbled as Covid-19 continued to hammer the economy, according to Real Capital Analytics Inc. (c) New Straits Times Press (M) Bhd.
Read by 80% of LPs

business-live.co.uk 10 minutes ago

Revealed: The Top 150 Businesses In Devon And Cornwall

The list profiles the biggest businesses in the region - from utilities to retail, manufacturing to professional services. : The list profiles the biggest businesses in the region - from utilities to retail, manufacturing to professional services The Exeter-based firm, which owns South West Water and Bournemouth Water, sold its waste management arm Viridor this year in a PS4.2million deal. With a turnover of almost PS1.4 billion and more than 5,000 employees, Pennon tops this year's Annual Business Guide: Top 150 businesses in Devon and Cornwall, published today by BusinessLive and sister print title Western Morning News.
Read by 65% of LPs

businessday.ng 40 minutes ago

The Amazing Activism And Nationalism Of Dr. M.t. Akobo And Prof. Kimse Okoko - Businessday Ng

In what is obviously one of the greatest moments of cold chills which any human community could have felt, the Niger-Deltans and Nigerians are, this season, reminded of man's pitiable duel with mortality as they set to lay to final rest, Nigeria's first Minister of Petroleum Resources Dr Mofia Akobo, and leading leftist intellectual Professor [...]
Read by 34% of LPs

therealdeal.com 1 hour, 10 minutes ago

Sunny Isles Mayor Bud Scholl Sells Hialeah Building For $13M

A company tied to the mayor of Sunny Isles Beach and a fellow South Florida real estate investor sold a 160,000-square-foot warehouse in Hialeah for $13.1 million. George "Bud" Scholl, elected mayor in 2014 and re-elected in 2018, and investor Steven M. Rhodes sold the industrial building at 1101 East 33rd Street, The Real Deal has learned. EverWest Real Estate Investors, a Denver-based subsidiary of Canadian GWL Realty Advisors, bought the property, according to Andrew ... [more] The post Sunny Isles mayor sells Hialeah warehouse for $13M appeared first on The Real Deal South Florida.
Read by 61% of LPs

benzinga.com 2 hours, 40 minutes ago

Chad Mcwhinney Named A Most Admired Ceo For 2020 By Denver Business Journal

DENVER, Oct. 21, 2020 /PRNewswire-PRWeb/ -- McWhinney, a Colorado-based real estate investor and developer with expertise in commercial, multifamily, hospitality, residential and mixed-use assets, is thrilled to announce that its Chief Executive Officer & Co-Founder, Chad McWhinney, is being honored by the Denver Business Journal in the 2020 Most Admired CEO Awards. This year's Denver Business Journal Most Admired CEO Awards is recognizing 23 top metro Denver executives for their roles as innovators, business drivers and exceptional leaders, at a time when strong leadership is more important than ever before.
Read by 51% of LPs

multihousingnews.com 2 hours, 40 minutes ago

Pathfinder Pays $18M For Suburban Denver Community

Sold by Security Properties, the 56-unit apartment asset in Castle Rock, Colo., was delivered in 2017.: Pathfinder Partners has completed the $18.2 million purchase of Highlands at Red Hawk, a 56-unit apartment property in Castle Rock, Colo. Grandbridge Real Estate Capital provided a 10-year, $11.7 million Freddie Mac loan for the acquisition, according to Douglas County records. Security Properties sold the asset. Located on 5 acres at 1465 Red Hawk Drive, the community encompasses five two-story buildings delivered in 2017. The unit mix includes one- to three-bedroom floorplans ranging between 751 and 1,437 square feet.
Read by 52% of LPs

pymnts.com 3 hours, 30 minutes ago

Startup Lendify Closes $115M Funding Deal

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. 21). Last year Insight Investment supported the digital lender with a 1.5 billion kronor infusion. Past investors have also included Hakan Roos, Martin Gren, Richard Goransso. Lendify Co-Founder John-Christian de Champs also [...]
Read by 68% of LPs

nypost.com 3 hours, 40 minutes ago

Ferragamo Family Explores Stake Sale In Turnaround Strategy: Report

The family owners of Italian fashion house Salvatore Ferragamo have held informal talks with investors to sell a minority stake in their holding firm as they scramble to turn around the brand famous for shoes worn by Hollywood stars such as Audrey Hepburn, five sources told Reuters. The company's chairman Ferruccio Ferragamo, son of late...
Read by 41% of LPs

nypost.com 3 hours, 50 minutes ago

More Money Flowing Into Hedge Funds Amid Global Unrest

For the first time in more than two years, more money is flowing into hedge funds than is being pulled out of them as smart-money investors look to protect themselves from growing uncertainty around the world. The third quarter of 2020 saw net inflows of $13 billion for the hedge fund industry as a whole,...
Read by 55% of LPs

business-standard.com 4 hours, 10 minutes ago

Abu Dhabi's Ipic Drops Lawsuit Against Goldman Sachs Over 1mdb Scandal | Business Standard News

Abu Dhabi state fund Mubadala Investment Co, which controls IPIC, had suspended business dealings with Goldman after the lawsuit. : AbuDhabi's International Petroleum Investment Co (IPIC) said on Wednesday that it was dropping a lawsuit against Goldman Sachs Group Inc to recover losses suffered from the US investment bank's dealings with Malaysian state fund 1MDB.
Read by 65% of LPs