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A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
The event served local foods that were a hit with the attendees, who eventually popularized catering as a career. The official industry began to be recognized around the 1820’s, with the caterers being disproportionately African-American. [1] The catering business began to form around 1820, centered in Philadelphia. [1] [2]
Mobile catering is the business of selling prepared food from some sort of vehicle. It is a feature of urban culture in many countries. [1] Mobile catering can be performed using food trucks, trailers, carts and food stands with many types of foods that can be prepared. Mobile catering is also used to provide food to people during times of ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Carlyle acquired the business from Marriott Corp. which sold its In-Flite Services catering business to Marriott’s upper management. Carlyle took a 50% stake, committing $93.8 million. The business was renamed Caterair. The investment was funded primarily by a massive issuance of junk bond financing, as was the trend at that time.
Real estate investing involves the purchase, management and sale or rental of real estate for profit. Someone who actively or passively invests in real estate is called a real estate entrepreneur or a real estate investor. In contrast, real estate development is building, improving or renovating real estate.
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