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Search resuls for: "American Campus"


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☆ Adidas event shut down by protestors as factory wages become hot-button issue for the sneaker and garment industry
  + stars: | 2023-03-23 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +5 min
Protestors on Thursday disrupted an event featuring Rupert Campbell, Adidas' top US executiveThe protestors allege Adidas has not paid Asian contract factory workers and demanded payment. A speaker rose roughly 40 minutes into the one-hour event and demanded Adidas pay wages he alleged are owed to contract factory workers in countries including Cambodia and Indonesia. The $11.7 million allegedly owed to Adidas workers comes from a report produced by trade unions and other industry groups. Before protestors disrupted the event, Adidas North American President Rupert spoke about his childhood and his career path. Ballinger noted several recent instances of factory workers getting restitution for unpaid wages, including at a Nike contract factory in Cambodia.
☆ Land & Buildings spots a chance to build value in a real estate play with Six Flags
  + stars: | 2022-12-31 | by ( Kenneth Squire | ) www.cnbc.com   time to read: +6 min
It invests in deeply discounted real estate in the public markets and select corporate engagements. Land & Buildings ("L&B") is a real estate focused investor, and this is primarily a real estate play. In its analysis, L&B assumes a 7.25% cap rate and a $2.8 billion value for the real estate. Without stabilizing operations, the real estate strategy can only create so much shareholder value. However, optimizing attendance and stabilizing operations will magnify any value created by the real estate strategy.
☆ U.S. Supreme Court tackles Harvard and UNC race-conscious admissions
  + stars: | 2022-10-31 | by ( Nate Raymond Andrew Chung | Nate Raymond | Andrew Chung | ) www.reuters.com   time to read: +5 min
The court confronts this divisive issue four months after its major rulings curtailing abortion rights and widening gun rights. The court's 6-3 conservative majority is expected to be sympathetic toward the challenges to Harvard and UNC. The cases give the court an opportunity to overturn its prior rulings allowing race-conscious admissions policies. Blum's group said UNC discriminates against white and Asian American applicants and Harvard discriminates against Asian American applicants. UNC said there is a difference between a racist policy like segregation that separates people based on race and race-conscious policies that bring students together.
☆ Student housing is one of the hottest real-estate investments right now. Here's how big investors like Blackstone and TPG are playing the market that just saw a record $6.1 billion of deals.
  + stars: | 2022-09-03 | by ( Kelsey Neubauer | ) www.businessinsider.com   time to read: +7 min
The big investors TPG and the Cardinal Group made a bet on student housing in fall 2020. Investing in student housing seemed like an uncertain wager at best; no one knew when life would go back to normal. That's created an opportunity in niche asset classes, such as student housing, he added. The trend is not likely to end soon, with the cost of college housing on the same upward trajectory as tuition. With students, international and domestic, back at school again, student housing is hotter than ever.
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