Tag: real estate

Breakdown of Billionaires Row


Billionaires Row 1. 432 Park Avenue The 1,396-foot tower, currently the tallest residential building in the Western Hemisphere, is ready for “immediate occupancy,” according to its website, which gives it an advantage over incomplete projects like 220 Central Park South…

Hedge Fund Billionaire Ken Griffin Buys $60M Penthouse


Hedge Fund Billionaire Ken Griffin  is reportedly the buyer of the record-breaking real estate deal, $60 million penthouse at Faena House. The Times reported that Ken Griffin, the founder and CEO of Chicago-based hedge fund Citadel, bought the eight-bedroom penthouse…

John Paulson Said to Move to Puerto Rico Because of Tax Breaks


Hedge fund hot shot John Paulson is exploring to move to Puerto Pico, where a new law would eliminate taxes on gains from $9.5 billion he has invested on his own hedge funds.

John Paulson who has been living ion New York almost all his life might be putting his New York UES apartment into market soon as he is considering moving to Puerto Rico. Paulson also has another NYC property in midtown 26th floor apartment in Olympic Tower. Find out more about John Paulson’s real estate.

Paulson, 57, recently looked at real estate in the exclusive Condado neighborhood of San Juan, where an 8,379- square-foot penthouse, complete with six underground parking spaces, lists for $5 million.

Billionaire Howard Marks Sells Malibu Home for $75 Million

Howard Marks’s 9.5-acre estate in Malibu

Russian billionaire couple buys Howard Marks’s 9.5-acre estate in Malibu for $75 million. Russian Billionaire couple  buys Howard Marks’s 9.5-acre estate in Malibu for $75 million according to WSJ.  The home, which was being quietly shopped for around $125 million…

Russian Billionaire Hedge Fund Real Estate Deals


Andrei Vavilov, a former deputy finance minister and hedge fund magnate. Andrei Vavilov generated worldwide headlines when he sued Plaza Hotel developer Elad Properties in 2008, complaining that two penthouses he’d committed to buy for a cool $53.5 million (and…

Och-Ziff Looks To Exit Real Estate Business


Och-Ziff Capital Management Group LLC, the $31 billion hedge fund led by Daniel Och, recently told its investment partner, 643 Capital Management, that it wants to exit from the foreclosed homes business. By Matthew Goldstein and Jennifer Alban to Reuters…

Real Estate Hedge Funds Top Performing Funds


Deepak Narula Beats Funds With 500% Gain: Mortgage Hedge Fund and Blackstone latest Real Estate Fund Raised Record $13.3 Billion.  Metacapital Management LP, the New York-based firm he founded in 2001 after leaving Lehman Brothers Holdings Inc., is up 34…

Hedge Fund DE Shaw Moving Into Real Estate

hedge fund re

DE Shaw moving into real estate and private equity Since 2011 DE Shaw cut hedge fund fees and exited some of the real estate, private equity and venture capital positions that had dragged it down. It has also launched several…

Spain is Using Sex to Sell Real-Estate


Sex Sells -TV advertisement by Spain’s biggest real estate website features still shots of couples and threesomes caught naked in cars with looks of surprise. So sexy that it is banned in Italy. Aimed at 20-to 29-year-old Spaniards, seven in…

Hedgie Selling His House For $20 Million


Hedgie John de Neufville, 36, managing director of G2 Investment Group is selling a house made from 7 apartments for $20 Million John de Neufville, managing director of G2 Investment Group, says he bought the building in 2002 for $2…

Hedge Fund Titan Buys Oprah’s Penthouse

London Based Hedge Funder Brevan Howard Asset Management’s Mark Hillery  brought Oprah’s 57th street penthouse apartment.  Prior to Brenan Howard Hillerey was trader at Paul Tudor’s Tudor Investment Co. Mark Hillery and his wife, Melissa, paid $7.9 million for the…

Most Expensive Residental Homes Ever in US


Most expensive homes sold in the U.S. Billionaire Yuri Milner’s recent purchase of a French chateau-style mansion in Silicon Valley has emphasized on the value of some of the luxury properties in the U.S. despite the housing slump. Last year,…