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Top related persons:
Robert Frank - 1 Knight Frank - 1 Michael Dorrell - 1 Aman - 1
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Palm - 1 Miami - 1 Palm Beach - 1 Wall Street - 1

Search resuls for: "Michael Dorrell"


2 mentions found


☆ Sales of $10 million homes surge in Palm Beach and New York
  + stars: | 2024-09-10 | by ( Robert Frank | ) www.cnbc.com   time to read: +1 min
Sales of ultra-luxury homes surged in New York, Miami and Palm Beach, Florida, in the second quarter, even as they fell in much of the rest of the world, according to a new report. The number of homes that sold for $10 million or more in the second quarter jumped 44% in Palm Beach, 27% in Miami and 16% in New York, according to a report from real estate firm Knight Frank. New York led the U.S. in $10 million-plus sales, with 72, its highest total in two years, according to the report. Miami came in second with 55, followed by Los Angeles with 42 and Palm Beach with 36. In June, a historic 3.2-acre estate in Palm Beach sold for $148 million, while in Manhattan, the penthouse of the Aman New York was sold for $135 million in July.
Persons: Robert Frank, Knight Frank, Michael Dorrell, Aman Organizations: Palm, Miami, Palm Beach, Wall Street Locations: New York, Miami, Palm Beach , Florida, Palm Beach, U.S, Los Angeles, Manhattan, York
☆ EXCLUSIVE Stonepeak Partners eyes as much as $20 bln for North America infrastructure fund -sources
  + stars: | 2022-11-22 | by ( Chibuike Oguh | ) www.reuters.com   time to read: +3 min
The fundraising plans underscore strong demand from investors for infrastructure assets, whose inflation-linked cash flows provide a shield from soaring prices. The predecessor fund, Stonepeak Infrastructure Fund IV, returned 1.08 times its investors' money as of the end of June this year, according to the Oregon Public Employees Retirement Fund (PERS), which had made a $500 million commitment. The prior $7.2 billion Stonepeak Infrastructure Fund III, which was raised in 2018, had returned 1.59 times its investors' money, PERS data showed. The core fund aims to invest in infrastructure assets that provide inflation-linked profits stemming from long-term contracts. The New York-based firm has about $52 billion in assets under management spread across the Americas, Europe, Asia and Australia.
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