LM will soon create a mutual asset investment by turning its very own Permal Group subsidiary and EnTrust Capital (under Gregg Hymowitz) into one collective asset. This will increase its hedge funds accounts considerably into a $26 billion business. The company will also be able to garnish a growing trend of up to 83% through the increase in value and shares available to Legg Mason through its Clarion partnership. This will cause LM to gradually generate funds up into the billions in profit, because of its ownership of the $585 million stake it owns in Clarion, which is already a $40 billion market in real estate and investment properties. According to Marron Clarion’s involvement in his own company was a necessary component to their real estate market.
With both Riverstone and Goldman Sachs based in New York, the deal is said to reunite the old Goldman energy team with Riverstone’s founders. Before they founded Riverstone, David Leuschen and Pierre Lapeyre Jr. were advising energy investment deals for the New York based investment company.
When it comes to retirement, it’s important for people to generate as much income as possible to maintain a comfortable lifestyle. Along with Social Security and pension plans, many seniors are turning to real estate investing as a way to generate additional income. Rather than rely on stocks and bonds in an increasingly volatile financial market to build a nest egg, smart investors have turned to purchasing rental properties in an effort to gain passive income. However, before jumping into this venture, there are many factors to take into consideration. “Building a rental property portfolio takes time, patience and education,” according to Than Merrill, a San Diego based real estate investor and educator…
Commercial real estate companies, like the Westfield, Corporation, are starting accelerators to help tap into retail digital trends. Westfield Labs, a subsidiary of the retail mall giant is innovating in various ways via their recently created Accelerator Connected Commerce. Peter Lowy, the co-CEO of Westfield stated, “We actually look at it as an opportunity. Every threat is an opportunity at the same time, and we are committed to creating a digital platform for our customers to be able to access both our assets and our retailers for their mobile devices.”
One step that will help is to add value to your business. One of the best ways to add value to your business is to combine what people will pay with the product or service you are offering.