Paul Singer’s Elliott Management to open offices in Florida and Connecticut

Updates story with sourcing and details

Oct 21 (Reuters)Elliott Management Corp, one the world’s busiest activist investors, plans to open two new offices – one in Florida and one in Connecticut – to give staff more flexibility when the threat of COVID-19 ebbs and employees return to the office, a source said on Wednesday.

Paul Singer’s $41 billion hedge fund will keep its office in midtown Manhattan and add two new locations in West Palm Beach, Florida and Greenwich, Connecticut at some point next year, the person who was not authorized to speak about the private firm’s plans said. Elliott, which employs 466 people, also has offices in London, Hong Kong, Tokyo, and Menlo Park, California.

The move was driven largely by the pandemic which forced most Wall Street firms to shutter their headquarters in high-rise office buildings earlier this year and direct staff to work remotely.

Read More

Paul Singer’s Elliott Management Moving Head Office to Florida

Paul Singer

Photographer: Patrick T. Fallon/Bloomberg

Florida is luring its biggest name yet in hedge funds: Paul Singer’s Elliott Management Corp.

The $41 billion firm plans to move its headquarters to West Palm Beach from Midtown Manhattan, according to people familiar with the matter, joining a growing list of funds that have relocated to the Sunshine State.

With no individual income taxes, estate taxes or capital gains taxes, Florida has become a hot destination for hedge funds in recent years. The Covid-19 pandemic has accelerated that shift away from New York, the initial epicenter of the U.S. outbreak.

Singer’s co-chief investment officer and expected successor, Jon Pollock, owns a home near West Palm Beach and has been living there during the pandemic, said the people, who asked not to be identified because the information is private. The now-permanent move by Pollock, as well as several other

Read More

Stream Realty Partners Ranks as Top Property Management Firm

DALLAS, Oct. 16, 2020 /PRNewswire/ — Stream Realty Partners (Stream), a full-service national real estate investment, development and services company, has been ranked as the top Property Management Firm in the Dallas Business Journal’s North Texas Commercial Property Managers. The list compares total local commercial square feet managed, and in 2019, Stream’s Property Management platform has almost doubled the number of properties managed and grew its total footprint to 74.4 million square feet in Dallas-Fort Worth (DFW).

“2019 was an incredible year for the DFW Property Management Team. Many thanks to our Accounting and Construction Management teams for supporting the growth,” said Mica Hopkins CPA, Managing Director of Property Management for Stream’s DFW office. “We would not be successful without our exceptional team and the passion they have for our clients, tenants and commercial real estate.”

Exponential growth appears to be on trend for Stream’s Property Management Services with

Read More

Altus Group Simplifies Commercial Real Estate Asset and Investment Management with Powerful …

Latest
v
ersion of ARGUS Enterprise
combines
robust integration with
productivity enhancements
for multi-family and mixed-use portfolios to deliver
the
most comprehensive
cloud-enabled
asset management solution for CRE

TORONTO, Oct. 13, 2020 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate (“CRE”) industry, announces the release of the latest version of cloud-enabled ARGUS Enterprise (“AE”). AE 13 delivers greater power and flexibility in cash flow and valuation modelling, budgeting and reporting including significant productivity and user-experience enhancements for multi-family and mixed-use portfolios.

AE, powered by ARGUS Cloud, is the industry leading global asset and investment management platform enabling clients to model, forecast, manage, analyze and report on their CRE assets and cash flows from acquisition to disposition, while delivering greater value through the ability to store, backup and access ARGUS models in

Read More

How this 23 year old is modernizing the construction industry with a new AI-based contractor management app – Press Release

BrikPay is a state-of-the-art contract management app which helps protect home improvement projects by assuring flexible and insured payments for contractors.

San Francisco, California – October 15, 2020 – Home improvement projects often waste a huge amount of money and time for homeowners. But here comes good news; a San Francisco-based tech founder, Pasquale Scaife, is redefining how you upgrade your home. The dynamic man has recently launched a cutting-edge AI-based app, BrikPay, which is designed to protect home improvement projects and prevent unwanted loss of money and time. BrikPay also aims to protect contracts through the assurance of flexible and insured payments.

The app is now available in both Google Play and Apple App Store.

Per the statements of Scaife, homeowners might risk around a whopping $34,000 by not protecting their home improvement project. This huge monetary and time loss is often the result of poor project management and

Read More

Advanced Pain Management enters receivership; 238 Wisconsin jobs endangered | Local News



Advanced Pain Management

Advanced Pain Management Wisconsin MO LLC filed for receivership last week, putting 238 Wisconsin jobs at risk. The Mount Pleasant location at 4216 Old Green Bay Road was closed on Tuesday and it is unknown how many Racine County residents will be affected. 


Christina Lieffring



MOUNT PLEASANT — Advanced Pain Management, which has locations across Wisconsin including in Mount Pleasant, filed to enter receivership last week putting 238 Wisconsinites’ jobs in jeopardy.

According to the Wisconsin Department of Workforce Development online records, Advanced Pain Management first filed a warn notice of a workforce reduction at its Greenfield office on May 14, which affected 50 employees. The number of employees affected in Greenfield grew over the months to 59 but did not reportedly increase beyond that until last Friday.

On Sept. 25, the DWD recorded a warn notice for facility closures and an updated layoff schedule for Advanced Pain Management facilities

Read More

The Advantages Of Getting Commercial Property Management Firms

People who own a commercial property can get more than enough cash flow from their commercial property and definitely have guaranteed financial security for your future. Of course, both of these benefits do come with a price. One of these is the property has to be in good condition to maintain or increase its value. Otherwise, you will have to spend more money on maintenance and taxes.

Considering commercial property management firms is an excellent solution. Instead of you, and a handful of people you know, running your commercial property, you get another company to do the managing so it will be less hassle and stress-free. Check out some advantages that you can get from getting these services from professional property management experts.

– You will be able to provide the very best service to tenants. A commercial property firm will have the systems and the people in place to … Read More

How to Get Into the Field of Property Management

Property management is an exciting job that allows you to interact with people. By managing the site, you are responsible for taking payments, writing up lease agreements, hiring maintenance workers, and fielding problems from tenants. For someone who enjoys the day-to-day interaction with people and real estate, it is a good direction to go. So, how do you get into the field?

Education

While there are not many colleges that offer a bachelor's degree specifically in property management, you can take other routes. By getting a degree in accounting, public administration, or business administration, you will have a head start on what you need to know. Earning your real estate license in the process gives you valuable information that will help you in your career.

No matter which path you take to earn your degree, there are a few classes you need to take, including courses that cover real estate … Read More

Hiring a Property Management Company – Pros and Cons

Owning rental property can be a lot of fun, but it can also be a lot of work. While many landlords have really amazing experiences, there are just as many who do not. By hiring a property management company, you can take the worries and time-consuming tasks that come with managing a rental property and pass them along to a professional. Before you make a move towards hiring a professional rental management company, take stock of your property and decide whether or not the costs will be worthwhile.

The Pros of Hiring a Property Management Company

They Can Find Tenants for You
A professional management company can handle the marketing for you and your property, placing ads and screening calls from prospective tenants. When someone responds that fits the qualifications you have given the property management service, the company will call you!

They Can Act as Your Liaison
Good customer … Read More

Rental Property Management: Is It Really Worth It To Hire This Service?

Why should I hire the services of the rental property management organization to look after my property given on rent? It would be the first question from every landlord who has given his property on rent, if you ask them to use the services of any such group existing in your city. You will agree that when a person lets his house or any part of his house for rent, his main goal is to earn profits from it to enjoy a better life and make payment of his various bills.

Giving a house on rent is one of the oldest practices carried across the world. If there are any used parts at home, people give it on rent to earn extra income from that part. To a certain extent, this practice seems possible to earn more income in short span of time without investing a single penny from the … Read More