ACRE Solutions Partners with Silverpeak and Capstone to Expand Real Estate Secondaries Market prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Capstone Equities to Self-Manage Its Hotel Portfolio
Embracing the continually evolving landscape of 2021, Capstone Equities, a leading New York-based private equity firm, today announced that it will take the bold step to self-manage their portfolio of hotels with the launch of Rebel Hospitality.
With the goal of aligning asset financial performance and owner interests, this self-management model epitomizes the investor-centric mindset of Capstone Equities. Rebel Hospitality offers absolute transparency between operations and investment teams with a technology-oriented management platform that can also be applied in partnership with other hotel owners or investors.
Dynamic hospitality professional Brian Sparacino has been named president and chief executive officer of the newly formed Rebel Hospitality. An industry leader with significant hospitality experience, Sparacino was formerly managing director with Evolution Hospitality, and previously spent more than a decade
Introducing Rebel Hospitality: Hospitality Executive, Brian Sparacino named President & CEO as Private Equity Leader yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
From left: Jerry Speyer, Rob Speyer, Bill Rudin, Peter Malkin and Anthony Malkin
Seymour Durst and his brothers built six Manhattan buildings in a 12-year run. Paul and Seymour Milstein built 10 in about the same amount of time. And Lew and Jack Rudin built 11 in two decades.
The breakneck pace of development which was largely clustered in the 1960s and the 1980s by those three families, and a slew of others, laid the foundation for many of New York City’s most established real estate dynasties. (Think Tishman, Fisher, Malkin, Resnick, LeFrak, Rose, and Zeckendorf.)
Indeed, after passing down their real estate portfolios from one generation to the next, many of those families are sitting on bricks-and-mortar fortunes today.
JPMorgan seeks to reduce office space in two Manhattan towers americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.