Category Archives: Entrepreneur

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.

Ryan Seacrest Finds Success In New Areas

Ryan Seacrest appears to never pause. Weather it’s working on his national radio show, producing the Kardashians reality show or hosting American Idol, Ryan Seacrest has an intense schedule that appears second to none. His national radio show reaches more than twenty million people a year. This comes after reaching the entire nation each weekday from his show Live with Kelly and Ryan. Seacrest has his hands in many pots, and continues to look for new avenues to express himself.

This September you can catch Ryan Seacrest on the red carpet at the 75th Annual Golden Globe Awards. Seacrest will host the E! network’s red carpet show, but the real news will be on the label of his suit. Seacrest has started his own menswear collection titled Ryan Seacrest Distinction. The collection has been around for more than four years and is currently on pace to hit more than fifty million in sales this year.

Seacrest has demonstrated a unique talent. He has been able to transfer his success from being on camera to the world of fashion and branded products. His passion and interest from fashion were both the result of his time on American Idol and the growth of his relationship with Burberry’s Christopher Bailey. Bailey has been responsible for designing Seacrest’s suits for major red carpet events for the last nine years. Ryan’s love for fashion was thus born, and has been growing ever since. He was inspired to make his own fashion line called the Ryan Seacrest Distinction.

Giving back is near the top of Ryan Seacrest’s to do list. He is the chairman and founder of the Ryan Seacrest Foundation. This non-profit organization is focused on inspiring young people through education and entertainment. The foundation has created broadcast media centers, named Seacrest Studios. They work to bring children healing while working to bring access to multimedia experiences to patients all across the country.

Learn more: https://www.forbes.com/profile/ryan-seacrest/

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.

 

Living your Purpose Inspired by Dr. Mark McKenna

Success is measured in different angles. Some define success as acquiring financial freedom, while others define success as finding your purpose and doing it for the rest of your life. Life has a way of placing you where you belong no matter how much you try to run from it. Dr. Mark McKenna can relate to this. He is a successful entrepreneur and a medical doctor.

Dr. Mark McKenna grew admiring his father who was a medical doctor. He loved what his father was doing, and he followed the same path and studied medicine. After his schooling at Tulane University Medical School, he joined his father. However, somewhere along the way, he realized he had a passion for real estate that he was not ready to let got to waste. He went ahead and began the McKenna Venture Investments. He had the passion and the skills to run his business, and it picked up well.

Unfortunately, the Hurricane Katrina destroyed most of the assets of McKenna Venture Investments. He was not well insured and restoring the business could have been a lot at the time. The natural calamity also scattered his clients and employees. The other factor that made it unsuitable to restore the business at the moment was that many people were surviving on credit after losing property as they tried to get their life back together.

At this juncture, Dr. Mark McKenna had no alternative but to go back to where he belonged: the medical world. He moved to Atlanta, GA where he rebuilt his career in medicine. Today he is the Founder and Chief Executive Officer of OVME. OVME is pronounced as “of me.” The name describes the feeling that OVME leaves to their client. A great sense of satisfaction. OVME is a medical aesthetics industry that operates like Uber. Whenever you want their services, they are brought right to where you are. It helps eliminate the medical set up and formality that causes many patients discomfort.

Dr. Mark McKenna is a dedicated doctor and serves the community happily. In fact, one of his favorite trends is the reducing of smoking in the nation.

http://inspirery.com/dr-s-mark-mckenna/