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Stockbridge Capital Group
Stockbridge Capital Group is a private-equity real estate investment company based in San Francisco, led by Terry Fancher and Sol Raso. In 2020 the company had over $16 billion in assets under management. The company owns the Hollywood Park Casino in Inglewood, California and is partners with Kroenke Sports & Entertainment on SoFi Stadium and its surrounding development dubbed as ''Hollywood Park''. Stockbridge purchased the property in July 2005 from Churchill Downs Incorporated for $260 million in cash and operated Hollywood Park Racetrack until 2013. Stockbridge also owns more than 200 manufactured home communities through Yes! Communities. They have received $1.3 billion in financing from Fannie Mae, which they used to acquire more manufactured homes. In 2016, Stockbridge sold part of Yes! to GIC Private Limited and the Pennsylvania Public School Employees' Retirement System (PSERS). Stockbridge in addition owns Bay Meadows, a master planned community in San Mateo, Californ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufactured Home
Manufactured housing (commonly known as mobile homes in the United States) is a type of prefabricated housing that is largely assembled in factories and then transported to sites of use. The definition of the term in the United States is regulated by federal law (Code of Federal Regulations, 24 CFR 3280): "Manufactured homes are built as dwelling units of at least in size with a permanent chassis to assure the initial and continued transportability of the home." The requirement to have a wheeled chassis permanently attached differentiates "manufactured housing" from other types of prefabricated homes, such as modular homes. United States Definition According to the Manufactured Housing Institute's National Communities Council (MHINCC), ''manufactured homes'' [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Investing
Real estate investing involves the purchase, management and sale or rental of real estate for profit. Someone who actively or passively invests in real estate is called a real estate entrepreneur or a real estate investor. Some investors actively develop, improve or renovate properties to make more money from them. History During the 1980s, real estate investment funds became increasingly involved in international real estate developed. This shift led to real estate becoming a global asset class. Investing in real estate in foreign countries often requires specialized knowledge of the real estate market in that country. As international real estate investment became increasingly common in the early 21st century, the availability and quality of information regarding international real estate markets increased. Real estate is one of the primary areas of investment in China, where an estimated 70% of household wealth is invested in real estate. Overview Types of real estate inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SLS Las Vegas
Sahara Las Vegas is a hotel and casino located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by the Meruelo Group. The hotel has 1,616 rooms, and the casino contains . The Sahara anchors the northern end of the Las Vegas Strip, at the corner of Sahara Avenue. It is the site of the northernmost station of the Las Vegas Monorail. The resort initially operated under the Sahara name from 1952 to 2011. Originally, Milton Prell opened the Club Bingo casino on the site in 1947. In 1951, he gathered former business partners to begin work on the Sahara, which was built on the land partially occupied by Club Bingo. Del E. Webb Construction Company built the Sahara, which opened on October 7, 1952, as the sixth resort on the Las Vegas Strip. It featured an African theme. Martin Stern Jr. designed several hotel additions for the Sahara, including a 14-story tower that opened in 1960. The Sahara was sold to Del Webb in 1961, and a 24-story hotel tower, also designed b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
140 New Montgomery
140 New Montgomery Street, originally known as The Pacific Telephone & Telegraph Company Building, and, after 1984, as The Pacific Bell Building or The PacBell Building, in San Francisco's South of Market district, is an Art Deco mixed-use office tower located close to the St. Regis Museum Tower and the San Francisco Museum of Modern Art. The 26- floor building was designed to consolidate numerous smaller buildings and outdated offices into a modern headquarters for The Pacific Telephone & Telegraph Co., and as a result, was designated as the Pacific Telephone & Telegraph Co. Coast Division Offices by the company, though referred to colloquially as ''The Telephone Building''. When it opened on May 30, 1925, The Pacific Telephone Building was San Francisco's first significant skyscraper development, and was the tallest building in San Francisco, until the Russ Building matched its height in 1927 at the time of its completion. The building was the first high-rise south of Market ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burbank, California
Burbank is a city in the southeastern end of the San Fernando Valley in Los Angeles County, California, United States. Located northwest of downtown Los Angeles, Burbank has a population of 107,337. The city was named after David Burbank, who established a sheep ranch there in 1867. Billed as the "Media Capital of the World" and only a few miles northeast of Hollywood, numerous media and entertainment companies are headquartered or have significant production facilities in Burbank, including Warner Bros. Entertainment, The Walt Disney Company, Nickelodeon Animation Studio, The Burbank Studios, Cartoon Network Studios with the West Coast branch of Cartoon Network, and Insomniac Games. The broadcast network The CW is also headquartered in Burbank. The Hollywood Burbank Airport was the location of Lockheed's Skunk Works, which produced some of the most secret and technologically advanced airplanes, including the U-2 spy planes that uncovered Soviet Union missile components in Cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Burbank Studios
The Burbank Studios (formerly known as NBC Studios) is a television production facility located in Burbank, California. The studio is home to '' Days of Our Lives'', ''Extra'', the '' IHeartRadio Theater'', and was formerly home to the Blizzard Arena (home of the Overwatch League). History The West Coast Radio City, located at Sunset Boulevard and Vine Street in Hollywood, opened in 1938 and served as headquarters to the NBC Radio Networks' West Coast operations. It served as a replacement for NBC's radio broadcast center in San Francisco which had been in service since 1942. Since NBC never owned a radio station in Los Angeles, the network's West Coast programming originated from its San Francisco station (KPO, which later became KNBC, and is now KNBR). NBC radio network programming was carried on KFI in Los Angeles. The architect for the distinctive Streamline Moderne building at Sunset and Vine was John C. Austin. In January 1949, NBC launched its newest television ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bay Meadows Racetrack
Bay Meadows was a horse racing track in San Mateo, California from 1934 until 2008, in the San Francisco Bay Area in the United States. History Built on the site of an old airfield, Bay Meadows Racecourse was the longest continually operating thoroughbred racetrack in California—having been founded on November 13, 1934—until its closure on August 17, 2008. The innovative William P. Kyne introduced pari-mutuel wagering, the popular Daily Double, the first all-enclosed starting gate, the totalizator board and the photo-finish camera at Bay Meadows. Prior to the track's closure, the Bay Meadows Handicap had been the longest continually run stakes event in California, having been started in 1934. Seabiscuit won this race twice: 1937 and 1938. The track was allowed to remain open during World War II because of its agreement to give 92% of its profits towards the war effort. The track generated more than $4 million for War Relief projects during the war years. Its ability t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Mateo, California
San Mateo ( ; ) is a city in San Mateo County, California, on the San Francisco Peninsula. About 20 miles (32 km) south of San Francisco, the city borders Burlingame to the north, Hillsborough to the west, San Francisco Bay and Foster City to the east and Belmont to the south. The population was 105,661 at the 2020 census. San Mateo has a Mediterranean climate and is known for its rich history at the center of the San Francisco Bay Area. Some of the biggest economic drivers for the city include technology, health care and education. History The Ramaytush people lived in the land, prior to its becoming the city of San Mateo. In 1789, the Spanish missionaries had named a Native American village along Laurel Creek as ''Los Laureles'' or the Laurels (Mission Dolores, 1789). At the time of Mexican Independence, 30 native Californians were at San Mateo, most likely from the Salson tribelet. Naming of the city Captain Frederick William Beechey in 1827 traveling w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bay Meadows II (Neighborhood)
Bay Meadows is an 83-acre mixed-use, transit-oriented development in the City of San Mateo, California. The neighborhood is divided into station/mixed-use and residential districts, which are further divided into 18 development blocks. The station/mixed-use district is primarily adjacent to Delaware Street, the major north–south street through the neighborhood. Blocks in the residential district to the east of Delaware Street form communities within Bay Meadows II. As of 2019, 11 blocks have been developed. When it is complete, Bay Meadows II will have 1250 residential units, 1.25 million square feet of office space, 150,000 square feet of retail space, and 15 acres of parks Name The name Bay Meadows comes from the historic Bay Meadows Racetrack that it replaced. Many of the street and community names in Bay Meadows were selected during its design to acknowledge historically important people from the racetrack era. Geography Bay Meadows II is at the southern end of San Mateo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennsylvania Public School Employees' Retirement System
The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania. Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in the school year in any of the 775 reporting entities in Pennsylvania. , the System had nearly 256,000 active, 240,000 retired, and 26,000 vested inactive members, with an estimated annual active payroll of $14 billion. The annuitant membership is over 240,000 retirees and beneficiaries who receive over $530 million in pension and healthcare benefits each month. The average yearly benefit paid to annuitants is $25,753. Under the Internal Revenue Service (IRS) Code, the PSERS pension plan is classified as a 401(a), governmental defined benefit plan. A defined benefit plan means that your retire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GIC Private Limited
GIC Private Limited is a sovereign wealth fund in Singapore that manages its foreign reserves. Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, its mission is to preserve and enhance the international purchasing power of the reserves with the aim of achieving good long-term returns above global inflation over the investment time horizon. With a network of 10 offices in key financial capitals worldwide, GIC invests internationally in developed market equities, emerging market equities, nominal bonds and cash, inflation-linked bonds, private equity and real estate. The Sovereign Wealth Fund Institute (SWFI) had estimated the fund's assets at US$690 billion as of June 2022 while Forbes estimated the fund's assets at US$744 billion after legislation were passed to transfer about USD137b from the central bank. Besides GIC, Singapore also owns another sovereign wealth fund Temasek Holdings with managed assets at abou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
