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Xinyuan Real Estate
Xinyuan Real Estate Co., Ltd. () is a Chinese real estate company. Xinyuan has traditionally engaged principally in residential real estate development and the provision of property management services, focusing on Tier II cities in China. History Xinyuan is a real estate developer building large-scale residential projects for middle-income consumers in China's Tier II cities. The company was founded in 1997 in Zhengzhou, China and puts up developments aimed at providing middle-income consumers with a community lifestyle. Xinyuan's business model emphasizes high asset turnover, efficient working capital management and strict cost control. Xinyuan's projects in China extend to Tier II cities: Chengdu, Hefei, Jinan, Kunshan, Suzhou, and Zhengzhou. They have a total of 26 projects and more than 3 million square meters of GFA developed, under construction and under planning. On December 7, 2005, Forte (Group) Co. Ltd announced that its subsidiary Shanghai Xinyuan Real Estate Dev ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Chinese City Tier System
The Chinese city tier system () refers to an unofficial hierarchical classification of Chinese cities in the People's Republic of China (PRC). There are no such official lists in the country, as the Chinese government does not publish or recognize any official definition or a list of cities included in the tier system. However, it is frequently referred to by various international media publications for purposes including commerce, transportation, tourism, education, among others. Given the rapid development of Chinese cities ever since the economic reform and the ever-changing dynamics among the country's cities, the tier system has gained wide popularity in recent years as a point of reference, such as among investors and tourists. Cities in different tiers often reflect differences in consumer behavior, income level, population size, consumer sophistication, infrastructure, talent pool, and business opportunity, among others. The tier system typically includes cities in mainlan ...
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Brooklyn
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York (state), New York. Kings County is the most populous Administrative divisions of New York (state)#County, county in the State of New York, and the County statistics of the United States#Most densely populated, second-most densely populated county in the United States, behind New York County (Manhattan). Brooklyn is also New York City's most populous borough,2010 Gazetteer for New York State
United States Census Bureau. Retrieved September 18, 2016.
with 2,736,074 residents in 2020. Named after the Dutch village of Breukelen, Brooklyn is located on the western portion of Long Island and shares a border with the borough of Queens. It has several bridge an ...
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The Real Deal (magazine)
''The Real Deal'' is a media company with a focus on New York City, South Florida and Los Angeles. The news outlet was started in 2003 by Amir Korangy, and focuses on both commercial and residential real estate. The online and print publication, which serves as a source for other periodicals, was self-proclaimed "the must-read news source for real estate news," in a profile in the ''Los Angeles Times'' in 2009, and "the hot sheet for NYC real estate professionals," by the ''New York Post''. History Korangy's ''Korangy Publishing'' founded ''The Real Deal'' in April 2003. It was Korangy's third venture into publishing, the first being the ''Gringo Gazette'', a weekly newspaper in Baja, Mexico targeted at expatriates, and the second being the ''Washington Free Press'', a weekly tabloid in Washington, D.C. Korangy was named one of the 100 most powerful figures in New York City real estate by the ''New York Observer'' in 2009. The magazine's editor-in-chief since its first year ...
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Isaac Hager
Isaac Hager is an American real estate developer who founded the New York City-based Cornell Realty Management. Biography Isaac "Itzy" Hager was born in the 1970s and belongs to the Vizhnitz Hasidic Jewish community based in Williamsburg, Brooklyn. The grandson of Rabbi Mordechai Hager, he was raised in the small village of Kaser, New York founded by his grandfather. In the 1990s, he moved to Willamsburg, where he worked for a packaging equipment company before partnering with diamond trader and real estate developer, Chaim Lax (father of Moshe Lax) in the 2000s. Their real estate development firm, North Development Group, built several high rises in then low-rise North Williamsburg which were very successful. After the death of Lax, Hager had difficulty obtaining financing for legacy obligations of their partnership and filed for bankruptcy in 2009 eventually selling his existing portfolio to Louis Kestenbaum's Fortis Property Group, Xinyuan Real Estate, and Joseph Chetrit's ...
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China Real Estate Top 10 Committee
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land, the List of countries and territories by land borders, most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third List of countries and dependencies by area, largest country by total land area. The country consists of 22 provinces of China, provinces, five autonomous regions of China, autonomous regions, four direct-administered municipalities of China, municipalities, and two special administrative regions of China, Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the List of cities in China by population, most populous cit ...
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China Central Television
China Central Television (CCTV) is a Chinese state- and political party-owned broadcaster controlled by the Chinese Communist Party (CCP). Its 50 different channels broadcast a variety of programing to more than one billion viewers in six languages. However, news reporting about topics sensitive to the CCP is distorted and often used as a weapon against the party's perceived enemies, according to Freedom House and other media commentators. CCTV is operated by the National Radio and Television Administration which reports directly to the CCP's Central Propaganda Department. CCTV was established on 1 May 1958 as a state-owned propaganda outlet. CCTV has a variety of functions, such as news communication, social education, culture, and entertainment information services. As a state television station it is responsible to both the Central Committee of the Chinese Communist Party and the State Council. It is a central player in the Chinese government's propaganda network. Histo ...
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China Analyst
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied b ...
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Allen & Co
Allen & Company LLC is an American privately held boutique investment bank based at 711 Fifth Avenue, New York. The firm specializes in real estate, technology, media and entertainment. History Founded in 1922 by Charles Robert Allen, Jr., he was soon joined by his brothers, Herbert A. Allen, Sr. and Harold Allen. The firm is generally regarded as a boutique advisory firm with a specific specialization in real estate and the media and entertainment sectors. Allen & Company, which since 2002 has been run by Herbert Allen III, grandnephew of the founder, generally shies away from publicity and does not maintain a website or issue press releases, with the exception of the extensive media procured for its annual conference evidenced by its allowance of access to the conference by financial media properties such as CNBC, ''The Wall Street Journal'' and others to cover its event. In 1973, Allen & Company bought a stake in Columbia Pictures. When the business was sold in 1982 to Coc ...
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Deutsche Bank Securities
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. As of 2021, Deutsche Bank was the 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in terms of combined assets. Deutsche Bank has ...
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Merrill Lynch
Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place (New York City), Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial analysts and manages $2.3 trillion in client assets. The company also operates Merrill Edge, an electronic trading platform. Prior to 2009, the company was publicly owned and traded on the New York Stock Exchange. Merrill Lynch & Co. agreed to be acquired by Bank of America on September 14, 2008, at the height of the financial crisis of 2007–2008, the same weekend that Lehman Brothers was Bankruptcy of Lehman Brothers, allowed to fail. The ...
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