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Donald began calling the company 'the Trump Organization' around 1973. [98] [a] The younger Trump entered the real-estate business in Manhattan, while his father operated primarily in Brooklyn, Queens, and Staten Island. [35] Some sources state that Fred planned the expansion of the business to Manhattan.
In 1988, he co-founded the first of four Zell/Merrill Lynch Real Estate Opportunity Partners Funds; these were consolidated into EQ Office in 1997. In 2006, The Blackstone Group acquired the company for $36 billion in the largest leveraged buyout in history at the time, then selling off the portfolio in pieces; both Zell and Blackstone had ...
Jorge M. Pérez (born October 17, 1949) [1] is an Argentine-American businessman, investor, philanthropist, and writer. [2] He is best known as the chairman and CEO of The Related Group, a Miami-based real estate company that has been well known for building and operating affordable and luxury multifamily apartments across the United States and internationally. [3]
The New York Times reports that the Carleton Sheets infomercials that were ubiquitous a couple years ago are now off the air, as the real estate training mogul struggles with his tarnished ...
In 2006, the company's shares were added to the S&P 500 Index. [25] In 2006, the company acquired Trammell Crow Company for $2.2 billion. [26] [27] In 2011, the company acquired the real estate investment business of ING Group for $940 million. [28] In 2011, the company changed its name to CBRE Group Inc. [29]
A total of fourteen real estate management companies were found to have employees involved in the schemes. Brown Harris Stevens saw 17 of its agents indicted. The company acknowledged that it failed to properly supervise the managers and made more than $1 million in restitution payments. [16]
Payton first got into the real-estate business as a janitor, but after seeing how the business operated, he decided he wanted to create his own firm. Payton and a partner opened the Brown and Payton real estate firm in October 1900. In June 1901, Payton married. The business was unsuccessful, and Brown left in the spring of 1901.
Sitt picked the name Thor for the company because he was an avid Thor comic book fan and thought it would fit his "concept of being the protector of the cities." [1] His first investment was a property sold at tax auction on East Tremont Avenue in the Bronx, a chronically underserved retail area, where he built a one-story retail structure with money from "family, friends, roommates, parents ...