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Fortress Investment Group worked with other entities to buy the Palace Theater in Times Square. They later partnered with Maefield Development to buy the 20 Times Square property. The property was valued at $1.53 billion. Steve Witkoff led a group of investors to buy it for $430 million in 2012. They planned to build a hotel and broke ground in 2015. The EDITION is 39 stories tall and has over 450 rooms. Maefield Development and Fortress Investment Group wanted $1.3 billion for further construction.

Fortress Investment Group helps clients with capital investment, credit, private equity, and real estate strategies. SoftBank Group purchased the company for $3.3 billion in 2017. Fortress was founded by Rob Kauffman, Randal Nardone, and Wesley Edens in 1998. In 2007, it went public with the help of Goldman Sachs and Lehman Brothers. It is the first publicly traded US private equity firm. It received several awards over the years.

The new hotel has 5,000 square feet of space for performances and four available levels for public use or events. It has a fitness club, beer garden, meeting studio, and a restaurant. The venue’s dining area has terrace seating overlooking Times Square. The hotel is planning to lease 76,000 square feet as retail space. The NFL reserved 25,000 square feet of pace for its store.

The investors are calling the hotel, retail, and theater project TSX Broadway. They expect the competed project to have a value of $4.2 billion by 2023. The real estate appraiser, Phillip Ginsberg, said it could be sold for what it is worth. Times Square Edition is predicted to be the most popular hotel for luxury travelers out of the two. The Palace Theater will have 700 rooms, an event space, multiple meeting spaces, and retail space. The theater will be restored, improved, and preserved. Maefield Development and Fortress Investment Group are excited that the project will provide opportunities for the residents, retailers, and tourists.

Fortress Investment Group is an investment management firm that manages alternative assets in credit funds, liquid hedge funds, and private equity. Its headquarters is in New York City.

Madison Street Capital is a multinational investment banking firm headquartered in Chicago, Illinois. They provide financial services to middle market firms in the United States, Africa, and Asia. They recently announced that they have a new managing director, Lawrence Alioto. He will lead this company’s capital markets team and provide financial advice for mergers and acquisitions and corporate finance transactions in the technology industry. Madison Street Capital reputation for excellence is widely known around the world.

Madison Street Capital’s Chief Executive Officer Charles Botchway said that with the technology industry continuing to rapidly grow his company was seeing more demand from that industry for his company’s services. They decided that they needed someone who had a very strong technology background and Lawrence Alioto provides that. Madison Street Capital is also expanding by opening a new office in Austin which further highlighted the need for someone with his background.

Lawrence Alioto began his professional carer as a currency futures and options trader on the Chicago Mercantile Exchange. He had also worked at PaineWebber as a registered financial representative when he lived in San Francisco, California. He worked for two technology companies as a business developer and also worked in private equity finance. He was a founding principal of VeriTrainer Corporation and served as its president. This company creates anti-terror maritime container radiation scanning systems.

Since 2013 he has established a number of companies. He continues to work in management at Kaizen Oil Corporation and is on its board of directors. Lawrence Alioto has also been involved in film production, medical devices, and introducing energy efficient technologies. He says that when it comes to mergers and acquisitions the technology industry has its own set of challenges and he was happy to help the team at Madison Street Capital with this expertise.

Madison Street Capital offers a range of services to its clients. When it comes to mergers and acquisitions they can serve on both the buy-side and sell-side as an advisor. They offer financial valuations of companies based on their professional opinions. They can also help companies raise capital from a variety of sources and help business owners when it comes to tax planning and wealth preservation. They can also provide their assistance during a bankruptcy or reorganization event.

 

Visit http://madisonstreetcapital.org/ to learn more.

Sussex Healthcare’s Clemsford House sits in a bucolic setting just outside of Horsham in West Sussex. With room for 30 residents, Clemsford House offers assisted living for senior citizens and specializes in caring for dementia patients. Private rooms are available and so husbands and wives can stay together there are double rooms. Skilled nurses are always on duty. Activities are available to help residents stay as mentally sharp as possible. Visit Job Medic to know more about Sussex Healthcare.

Founded in 1985 Sussex Healthcare (SHC) offers a vast array of services. More than just a chain of facilities that care for elderly people who can no longer live alone, SHC offers services for people of any age who have neurological issues and Profound and Multiple Learning Disabilities (PMLD). For private individuals caring for a family member, Sussex even provides caregivers a much-needed break by offering respite care. For those preparing to meet eternity, palliative care is available.

Located in Broadbridge Heath the Granary is where those with neurological disorders like cerebral palsy, Huntington’s, and multiple sclerosis can turn for skilled nursing care. Sussex Healthcare has outfitted the Granary with ultra-modern medical equipment. The Granary’s staff focuses on both the physical and psychological needs of residents. Visit the website sussexhealthcare.org to learn more.

What sets Sussex Healthcare apart from similar facilities is that SHC has both Health Quality Service and ISO 9000:2000 accreditation. ISO 9000:2000 accreditation is the gold standard in the recognition of quality management. Sussex is the only facility of its kind in the UK to hold both accreditations.

The staff at Sussex Healthcare’s Forrest Lodge residence, an example of Edwardian Era architecture, has the skills to care for residents with Alzheimer’s. Assisted living and dementia care are also provided at Forest Lodge. The property is surrounded by gardens so, gardening is one of the activities offered to residents at this fully handicapped accessible facility.

Sussex Healthcare knows that each resident’s needs are unique, so each health care plan is unique to the resident. Residents get the most out of their treatments when their bodies are properly nourished. With specialized meal plans available professional chefs turn the highest quality ingredients into fortifying repasts.

View: https://www.carehome.co.uk/care_search_results.cfm/searchgroup/36151070SUSA

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