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The Charming Mr. Piedrahita Finds Himself Caught in the Madoff Storm
Wall Street Journal After graduating from BU, Mr. Piedrahita knocked around New York working variously as a commodities broker, selling penny stocks and as an investment adviser. His budding financial career was almost clipped in the early 1980s. … |
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Signature Bank Appoints New Private Client Banking Team; Team …
FOXBusiness Weltman and most of the team have worked together in different capacities for the past eight years, specializing in serving real estate management companies, among others. Weltman brings to Signature Bank 17 years of financial services experience. … IDB Bank Expands US Private Banking Team Led By Jim LoGatto … Business Wire (press release) all 12 news articles |
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Morgan Stanley to complete $6 billion property fund: sources
Reuters HONG KONG/NEW YORK (Reuters) - Morgan Stanley (MS.N) is close to raising $6 billion for a new global property fund, falling short of its earlier target of $10 billion, sources with direct knowledge of the plan said. The Morgan Stanley Real Estate Fund … Carlyle Group to raise $1 billion for property inverstments in … domain-B all 26 news articles |
 New York Daily News |
Budget deal restores NY environmental funding
Newsday, NY David Gahl, policy director for Environmental Advocates of New York, said avoiding the sweep will help ensure the EPF has enough cash to address a backlog of projects. The budget also leaves intact the state's real estate transfer tax as the stable EPF … State budget plan includes higher tax on the wealthy Buffalo News Governor Paterson’s Priorities for Fiscal Responsibility and … Yonkers Tribune all 405 news articles |
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CREDIT MARKETS:Auto, Bank Woes Weigh On Investors
Wall Street Journal The benchmark derivative index for commercial real-estate bonds, Markit CMBX AAA 4, narrowed 180 basis points last week to trade at 565 basis points by Friday. At its widest, this index was at 842.50 basis points in February. By noon on Monday, … |
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Xinyuan Plunges on Revenue Forecast, Roth Capital Downgrade
Bloomberg By Allen Wan March 30 (Bloomberg) — Xinyuan Real Estate Co. Ltd., a Chinese developer that sells apartments to middle-income consumers, plunged the most in four months in New York after the company forecast revenue lower than analyst estimates and the … |
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Target Asks Shareholders to Vote Board Has 12 Members
Bloomberg … buy back shares and place the land under its stores into a real estate investment trust that would lease the property back to the retailer. Target fell 89 cents, or 2.6 percent, to $33.28 at 4 pm in New York Stock Exchange composite trading. … |
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Campaign Spotlight Ain’t Nothing Like the Real (Estate) Thing
New York Times, United States “The sentiment of ‘Live who you are’ is still the same,” says Christina Lowris, executive vice president for advertising and marketing at Corcoran in New York. “This is a different way of expressing it, given the state of the industry. … |
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Real estate boom busted many small New York retailers
SmartBrief, DC A New York congressman has just released a survey of small businesses that indicates 12% of the respondents had closed. Small-business owners say the real estate boom shut more doors than the recession, raising rents and forcing out many long-time … |
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LI people on the move, March 30
Newsday, NY Tom Dwyer has been named to the board of the Long Island Real Estate Group, a networking and philanthropic organization for professionals in real estate and related industries. The East Williston resident is chief operating officer of American Land … |