Category Archives: Businessman

Fortress Investment Group Makes its Mark at 20 Times Square

Times Square in New York City is getting a partial makeover thanks to Fortress Investment Group. The Marriott EDITION hotel at 20 Times Square, which is currently still under construction, was purchased in February by the company and other entities. The value of the property at 20 Times Square was valued at $1.53 billion at the time of its closing.

Founded in 1998 by Randal Nardone, Wesley Edens and Rob Kauffman, Fortress Investment Group focused on hedge funds. The company has grown exponentially since, now priding itself in the management of assets for over 1,750 private investors and institutional clients. The company focuses on private equity, credit and real estate, as well as permanent capital investment strategies. Over $41.4 billion of assets are under the management of Fortress.

Fortress Investment Group, along with partners Maefield Development, initially had partnered with Winthrop Realty Trust, and Howard Lorber’s New Valley, Ian Schrager and Steve Witkoff. They bought what was originally an office building for $430 million in 2012. The group began construction on the Times Square EDITION in 2015, a 39-story upscale hotel with over 450 rooms. Maefield and Fortress bought out their partners as part of the new deal.

What changes will come for 20 Times Square? The Times Square EDITION will host a variety of attractions for those who stay, whatever their reasons are. Over 5,000 square feet of space is available for events. A restaurant and beer garden are available for those who are thirsty, and a state-of-the-art fitness club is an alternative destination for those with wanting to stay in shape on-the-go.

There will be plenty of shopping and available, as well. Over 76,000 square feet of retail space will be filled, with the NFL already staking claim to 25,000 square feet of it. The influx of travelers staying so close to the rest of Times Square will certainly be a boost to the local businesses already calling this historic district home.

Two new Hotels in the area means Fortress Investment Group is making its mark on the culture and landscape of New York City. Of the two new hotels, Times Square EDITION will be the more luxury-minded, but both will have a lot to offer visitors to the city. With over 700 rooms to be available in the heart of Times Square, that will be good news to locals and travelers alike.

Why Felipe Montoro Jens Is a Business Leader Who Treasures Education

When you are an established entrepreneur, or when you have a leadership role the community around you expects you to act in certain ways. There are a lot of expectations from people all around you. Even if the leadership role may be small, there are still people expecting the best from you. Making a difference in the world has never been an easy thing. There are, however, people who are brave enough to try and make a difference in the world. One person who has successfully made a difference is Felipe Montoro Jens.

Felipe can be described as an established leader. He is passionate about what he does, and he is always seeking opportunities to help grow those around him. He is also very charitable. This is a virtue which makes it very easy for many to look up to him. As a business leader and successful entrepreneur, Felipe Montoro Jens has proven that paying attention to the input of the clients can help grow any business. This trait has helped him grow and figure out how best to handle business for successful gains. More about of Felipe at infomoney.com

Felipe Montoro Jens has established himself in the fields of finance, planning, and even project management. These are some of the skills that make up a true leader in business. Felipe holds high regard for education since he knows his educational background has made a highway for his career. He has a post-graduate degree in international management from Thunderbird. He believes that education can play a very major role in shaping up the success of a person. That’s why he emphasizes more on the need for quality education in most of his speeches.

As a guest speaker during a Forum on World Economy held in Latin America, Felipe Montoro Jen proved to be a truly gifted speaker. Many people spoke of him as a true inspiration. It’s amazing to note that many people will not know the exceptional talents and gifts you have until an opportunity appears. The main agenda of the forum was to discuss ways to help grow nations economically. This is done by finding working solutions to problems in business operations globally. Felipe says a country that is economically ill will not has a room for developmental projects, and this leads to poverty.

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Stream Cares Reaches out to the Dallas Community

The social responsibility movement is being driven by millennials and companies are quickly delving into corporate social donations in order to garner more clients from different sectors. Numerous corporations have developed strategies that can help them indulge in giving back to the community. One such company is Stream Energy.

Background Information

Stream Energy was formed with the intention of providing clients with gas, energy, and other home services. The firm serves about seven states including New York and Georgia. Its services are available nationwide, and they are easily accessible. It also uses multilevel marketing as the main business model.

The Patch Article

Apart from providing energy services, Stream Energy values corporate social responsibility. A prime example is when Hurricane Harvey attacked Dallas, Texas and companies flocked into the community to support the victims who either lost property or their loved ones in the natural disaster. In an article posted on Patch.com, Stream Energy is issuing its support to the victims of Hurricane Harvey by rallying employees to support their community as well.

Philanthropic Activities

Stream Energy has an independent foundation that offers charity services. Stream Cares was formed to support different charitable foundations that can support the community as well. The organization has also partnered with Habitat for Humanity, a firm that helps families construct new houses alongside repairing existing homes. This organization provides voluntary labor as well as affordable mortgages. It also offers families affordable equity.

More Philanthropic Activities

Additional organizations Stream Energy has worked with include The American Red Cross. It offers emergency assistance and disaster relief to the country. Besides, in 2016, this company became a partner with The Salvation Army. They raised money for victims of the tornado in North Texas. This donation was doubled and the contributions matched by the associates. Moreover, through a partnership with Operation Once in a Lifetime, the organization helped veterans from Dallas. Their families also received this support.

Overview

Perhaps it is also important to note that the company has also supported a lunch event for veterans. Employees served them burgers and steaks in a Texas steakhouse. From the number of philanthropic activities Stream has been involved in, it is clear that it cares for its community.

 

How Stream Energy Takes Action Within the Community in Times of Need

Stream Energy is known for the many services it provides to its customers, which includes not only services for energy, but also for wireless connections and protective home services. This leader in the energy field was recently the topic of an online article that featured its new philanthropic foundation. Known as Steam Cares, this foundation recently stepped up to help victims after Hurricane Harvey created a path of destruction that left many people homeless in the Dallas area.

When Hurricane Harvey hit the southwestern region of the United States it not only delivered 56 inches of rain, it also created devastating effects that destroyed homes as well as people’s lives. The active role Stream Energy took in helping these individuals rebuild their lives is in keeping with the company’s philosophy on philanthropy. As a company that has been contributing to charitable efforts for more than 10 years, it came as no surprise to see them launch their own caring foundation. The new Steam Cares foundation simply formalizes the company’s process of helping.

The process of creating a separate foundation specifically for the purpose of aiding charitable efforts, is something that is relatively new to the corporate world. As the leaders at Stream Energy have seen with the community involvement after the fatal blow struck by Hurricane Harvey, this type of foundation has many benefits. Not only does it allow a company to give back to their community, it also helps them gain the respect of the general public, which could lead to the acquisition of new customers.

The help Stream Energy provided to the community of Dallas after Hurricane Harvey, is just one of a long line of charitable efforts put forth by this company. Stream is currently partnered with Habitat for Humanity and the Red Cross, where it helps stimulate action for giving at the local level. This company also takes action against homelessness in the Dallas area by partnering with an organization known as Hope Supply Co. With a 24 percent increase in the city’s homeless population, Hope Supply helps provide clothing, diapers and school supplies to homeless children.