Sentences with phrase «selling city assets»

Not exact matches

Felix Rohatyn, the Lazard banker, is still at it: he is telling financially - strapped U.S. cities, to drop their traditional unwillingness to sell off public assets (water and sewer systems, parks, properties, ports, airports, etc.) to «private foreign investors» — Rohatyn's euphemism for international funny money — and allow himself and cronies to grab it up.

Market liquidity refers to the extent to which a market, such as a country's stock market or a city's real estate market, allows assets to be bought and sold at stable prices.

Many investors in the liquidation of City Investing had been disappointed with the prices received for assets sold previously and with City's apparent inability to sell Home Insurance and complete its liquidation.

Cap Cities once sold for 1/3 of the prices that its assets could be sold for.

The reorganized Coleco sold off all of its North American assets and outsourced thousands of jobs to foreign countries, closing plants in Amsterdam, New York and other cities.

Although the provisions of Chapter 9 municipal bankruptcy technically shield the city from being forced to sell any asset, a mixture of alarmism and rational fear of a populist campaign — to find revenue wherever possible to pay pensioners and other creditors — has led a wide array of observers to wonder how much money, exactly, could be squeezed out of the encyclopedic museum's vast holdings.

De Blasio and City Comptroller Scott Stringer announced a «goal» to sell the assets that its five pension funds hold in companies that own reserves of fossil fuels within five years.

Adding to the complexity was the fact that El Paso was in the middle of a separate transaction to sell some of its exploration and production assets to New York City - based Apollo Global Management and Riverstone Holdings for $ 7.15 billion.

Gemini is a licensed digital asset exchange headquartered in New York City that allows both individual and institutional investors to buy, sell and store Bitcoin and Ether.

A seemingly endless supply of capital, low interest rates and creative financing schemes are behind the strategy, experts contend, prompting some skeptical investors to sell assets in cities that boast a strong technology presence.

A recent Smart Asset study procured information on the very best city to sell a home based on five factors.

«They own assets around the world and really what they want to do is increase their brand presence in key markets, and if they can fund that by selling the Park Hyatt in Zurich or Chicago or Mexico City, and secure stable long - term management contracts on those,» then «that makes a lot of sense for them.»

By the end of the third quarter more than 685 U.S. assets were sold to foreign buyers with 21.3 percent of the investment taking place in New York City.

They continue to be attracted to Mexico City as they search for quality and stable commercial real estate assets, which have become scarce in a market where many of the established participants are reluctant to sell.

Taking the No. 2 spot, SL Green Realty Corp., New York City's largest office landlord, entered a contract to sell a 43 % interest in One Astor Plaza, or 1515 Broadway, to Allianz Real Estate, the real estate invest - ment and asset manager of the Munich - based Allianz Group.

Plus, Blackstone would likely have to refinance many of the properties in the portfolio on an individual basis, making it difficult to sell off a large number of assets at once, according to Gerry Mason, executive managing director in the New York City office of Savills LLC, a real estate services provider.

Still, should Forest City choose to sell or merge its company, there is «no question» that there would be interested parties, including private equity giant Blackstone and asset management behemoth Brookfield.

Forest City, before the involvement of Litt, already had indicated it planned to sell all of its retail assets, likely to existing joint venture partners, he notes.

More recently, Forest City also decided to sell off non-core assets, like its new modular construction business, as it turned itself into a publicly - traded REIT.