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Cadre (company)
Cadre is a New York–based financial technology company that provides individuals and institutions direct access to large commercial properties. The business and financial press describe it as a service that "makes the real estate market more like the stock market" by allowing investors to select the individual transactions in which they participate, while investing a smaller amount than would be required to fully fund a transaction. For example, 12 institutional investors (such as family offices and endowments) participated in a $60 million office building purchase. The firm was named to Forbes' "FinTech50" for 4 years in a row starting in 2016. In 2019, Cadre was the cover story of the Forbes "FinTech 50" issue. In 2018, a partnership with Goldman Sachs was announced through which Goldman Sachs' private wealth clients committed at least $250 million (USD) real estate investments through Cadre. In 2020, Cadre announced its "Direct Access" fund intended to include smaller investor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thrive Capital
Thrive Capital is an American venture capital firm based in New York City. It focuses on media and internet investments. The firm was founded by Joshua Kushner who is also co-founder of Oscar Health and minority owner of the Memphis Grizzlies. Background Joshua Kushner is son of billionaire real estate developer Charles Kushner. His brother Jared Kushner is the son-in-law and former senior advisor to former U.S. President Donald Trump. After graduating from Harvard College in 2008, Kushner spent a year at Goldman Sachs working in its private equity division. In 2009, he enrolled at Harvard Business School and used his earning from Goldman Sachs to invest in companies like Kickstarter and GroupMe. He caught the attention of Joel Cutler, co-founder of General Catalyst who convinced Kushner to start his own venture capital firm. At only 24, Kushner founded Thrive Capital in 2009. Cutler and General Catalyst provided the initial $5 million in seed money for the firm in 2010 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2014
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Juneteenth
Juneteenth is a federal holiday in the United States commemorating the emancipation of enslaved African Americans. Deriving its name from combining "June" and "nineteenth", it is celebrated on the anniversary of General Order No. 3, issued by Major General Gordon Granger on June 19, 1865, proclaiming freedom for slaves in Texas. Originating in Galveston, Juneteenth has since been observed annually in various parts of the United States, often broadly celebrating African-American culture. The day was first recognized as a federal holiday in 2021, when President Joe Biden signed the Juneteenth National Independence Day Act into law after the efforts of Lula Briggs Galloway, Opal Lee, and others. Early celebrations date to 1866, at first involving church-centered community gatherings in Texas. They spread across the South and became more commercialized in the 1920s and 1930s, often centering on a food festival. Participants in the Great Migration brought these celeb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Cuts And Jobs Act Of 2017
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, , is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), that amended the Internal Revenue Code of 1986. Major elements of the changes include reducing tax rates for businesses and individuals, increasing the standard deduction and family tax credits, eliminating personal exemptions and making it less beneficial to itemize deductions, limiting deductions for state and local income taxes and property taxes, further limiting the mortgage interest deduction, reducing the alternative minimum tax for individuals and eliminating it for corporations, doubling the estate tax exemption, and cancelling the penalty enforcing individual mandate of the Affordable Care Act (ACA). The Act is based on tax reform advocated by congressional Republicans and the Trump administration. The nonpartisan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opportunity Zone
An Opportunity Zone is a designation and investment program created by the Tax Cuts and Jobs Act of 2017 allowing for certain investments in lower income areas to have tax advantages. The purpose of this program is to put capital to work that would otherwise be locked up due to the asset holder's unwillingness to trigger a capital gains tax. History Opportunity zones were proposed by Senators Tim Scott, Cory Booker, and Representatives Ron Kind, Pat Tiberi and supported by Sean Parker's Economic Innovation Group.Tankersley, Jim (January 29, 2018).Tucked Into the Tax Bill, a Plan to Help Distressed America. ''The New York Times''. Retrieved December 3, 2018. States may designate up to 25% of low-income census tracts as Opportunity Zones. Opportunity Zones were created under the 2017 Tax Cuts and Jobs Act, signed into law by President Donald Trump. The first Opportunity Zones were designated in April 2018. There are more than 8,768 zones in the 50 states, and five U.S. possessions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint
MiNT is Now TOS (MiNT) is a free software alternative operating system kernel for the Atari ST system and its successors. It is a multi-tasking alternative to TOS and MagiC. Together with the free system components fVDI device drivers, XaAES graphical user interface widgets, and TeraDesk file manager, MiNT provides a free TOS compatible replacement OS that can multitask. History Work on MiNT began in 1989, as the developer Eric Smith was trying to port the GNU library and related utilities on the Atari ST TOS. It turned out quickly, that it was much easier to add a Unix-like layer to the TOS, than to patch all of the GNU software, and MiNT began as a TOS extension to help in porting. MiNT was originally released by Eric Smith as "MiNT is Not TOS" (a recursive acronym in the style of "GNU's Not Unix") in May 1990. The new Kernel got traction, with people contributing a port of the MINIX Filesystem and a port to the Atari TT. At the same time Atari was looking to enhance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael D
Michael D may refer to: * Mike D (born 1965), founding member of the Beastie Boys Arts * Michael D. Cohen (actor) (born 1975), Canadian actor * Michael D. Ellison, African American recording artist * Michael D. Fay, American war artist * Michael D. Ford (1928–2018), English set decorator * Michael D. Roberts, American actor Business * Michael D. Dingman (1931–2017), American businessman * Michael D. Ercolino (1906–1982), American businessman * Michael D. Fascitelli, (born c. 1957), American businessman * Michael D. Penner (born 1969), Canadian lawyer and businessman Education * Michael D. Aeschliman (born 1948), American–Swiss educator * Michael D. Cohen (academic) (1945–2013), professor of complex systems, information and public policy at the University of Michigan * Michael D. Hanes, American music educator * Michael D. Hurley (born 1976), British Professor of Literature and Theology * Michael D. Johnson, a former President of John Carroll University * Mic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jared Kushner
Jared Corey Kushner (born January 10, 1981) is an American businessman and investor. He served as a senior advisor to 45th U.S. president Donald Trump, his father-in-law. Since leaving the White House, Kushner founded Affinity Partners, a private equity firm that derives investment from, among other sources, the Saudi government's sovereign wealth fund. Kushner is the son of the former real-estate developer Charles Kushner and is married to businesswoman Ivanka Trump, former President Trump's daughter and fellow advisor. As a result of his father's conviction and incarceration for fraud, he took over management of his father's real estate company Kushner Companies, which launched his business career. He later also bought Observer Media, publisher of the ''New York Observer''. He is the co-founder and part owner of Cadre, an online real-estate investment platform. He is also the co-founder of WiredScore, a company that rates the quality and resilience of digital infrastructur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vornado Realty Trust
Vornado Realty Trust is a real estate investment trust formed in Maryland in 1982, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan. Investments Notable properties owned by the company include: * New York Marriott Marquis (Retail & signage) * 1540 Broadway (Retail & signage) * 510 Fifth Avenue (Retail) * 660 Fifth Avenue (Retail) * 770 Broadway * 888 Seventh Avenue * Crowne Plaza Hotel, Times Square (Retail & office) * Fuller Building * Penn 1 (One Penn Plaza) * Rego Center * Hotel Pennsylvania, to be redeveloped into 15 Penn Plaza The company also owns: * 70% of 555 California Street in San Francisco, California (30% is owned by affiliates of Donald Trump) * 70% of 1290 Avenues of the Americas in New York City (30% is owned by Donald Trump) * Merchandise Mart in Chicago, Illinois * 32.4% of Alexander's, which owns 731 Lexington Avenue History Two Guys The origins of the company can be traced back to the Tw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Soros
George Soros ( name written in eastern order), (born György Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. , he had a net worth of US$8.6 billion, Note that this site is updated daily. having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. ''Forbes'' called him the "most generous giver" (in terms of percentage of net worth). Born in Budapest to a non-observant Jewish family, Soros survived the Nazi occupation of Hungary and moved to the United Kingdom in 1947. He studied at the London School of Economics and was awarded a BSc in philosophy in 1951, and then a Master of Science degree, also in philosophy, in 1954. Soros began his business career by taking various jobs at merchant banks in the United Kingdom and then the United States, before starting his first hedge fund, Double Eagle, in 1969. Profits from his first fund furnis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Catalyst
General Catalyst, formerly General Catalyst Partners (GCP), is an American venture capital firm focused on early stage and growth investments. The firm was founded in 2000 in Cambridge, Massachusetts, and also has offices in San Francisco, Palo Alto, London and New York City. History General Catalyst was founded by John Simon, Joel Cutler, David Fialkow and David Orfao in 2000. In 2011, the firm opened an office in Palo Alto and shortly after raised a $500 million fund. In 2013, it announced a $675 million fund followed by a $845 million fund in 2016. In 2018, the company raised $1.4 billion for its ninth fund. In August 2021, General Catalyst announced a deal with for-profit healthcare provider HCA Healthcare to develop digital solutions to streamline workflows and improve patient care; as part of the deal, General Catalyst's portfolio company Commure bought HCA's healthcare app development firm PatientKeeper. References External links General Catalyst(company website) Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
