Archive for the ‘Financial Institution’ Category

TSX Broadway Sees The Fortress Investment Group Enter The Real Estate Sector

Wednesday, January 2nd, 2019

The New York real estate sector is one of the most competitive and complex in the world with many different groups entering the markets each year.

The Fortress Investment Group is entering the New York real estate sector but partnering with two groups who have a long history of success in the “Big Apple”. The estimated completion date of TSX Broadway in Times Square is 2021 and sees the first major move by Fortress owners, Softbank to build on the existing success of the brand.

Much like Softbank, Fortress Investment Group has a long history of undertaking a range of non-traditional and technology-based investments which are often ignored by their competitors. The TSX Broadway real estate development has been planned for some time and will see a major redevelopment of the Times Square area including some historic landmarks, such as the Palace Theater. The 1,700-seat theater will be preserved and restored over the course of the development with its original interior restored to its stunning glory with the aid of modern construction techniques.

Read more: Newsonomics: Softbank, Fortress, Trump – and the real story of Gatehouse’s boundless ambition

One of the most impressive aspects of the 46-story development will be the 10 floors of retail space which will be created by the $2 billion projects. Despite the project not starting construction yet, many of the world’s leading retailers are already rumored to be interested in occupying the space created by the Fortress Investment Group in Times Square.

Alongside the floors of luxury apartments which are planned to occupy much of the development, the Fortress Investment Group plans to create a further ten floors of luxury hotel space. The development will include 30 hotel suites known as the “Drop The Ball” rooms with views overlooking the annual New Year’s Eve event in New York City. TSX Broadway will allow the Fortress Investment Group to add another string to its bow of successful investments made in a range of different industrial and retail sectors.

Check more about Fortress Investment Group: https://www.bizjournals.com/newyork/cotm/detail/309/Fortress-Investment-Group

Nexbank Is Still Going Strong

Wednesday, October 25th, 2017

The Start In Dallas

Nexbank has certainly made a name for itself as one of the most respected names in banking in Dallas. Starting out in Dallas, they were able to quickly take down just about any competition they had without any problem, but they had their eyes on doing something more. This is where the idea to expand beyond the borders of America came from. Needless to say, it seems that this plan is working for Nexbank in the long run.

Reaching Out Beyond Borders

The offices Dallas holds in Hong Kong are just one example of how well this company has done with extending it’s hand. There’s simply none out there who has managed to produce the same amount of success in such little time. Needless to say, it’s giving them an advantage unseen. Nexbank has managed to produce millions without having to put in nearly half the effort of other firms. Despite their international networks, they have focused on sharing their proceeds with Dallas natives. Nexbank plays an important role in building up its communities and helping people around them prosper.

How Does This Make An Impact?

Dallas has absolutely managed to have a positive impact on the community around it while giving people opportunities they normally wouldn’t expect. Most people can’t understand how important things like libraries and parks are, but Nexbank does. The amount of philanthropy Nexbank does in the Dallas area has made it one of the most respected companies in the area. People appreciate this and value Nexbank in their community. That trust and respect is what keeps a business going for years on end even after their competitors have already disappear. Nobody comes close to touching the legacy of Nexbank so far.

The Future Ahead

The future of Nexbank has made it one of the most respected companies out there. You simply can’t find anybody out there who has managed to do the same amount in the same amount of time. There is a reason people love Nexbank and it’s something everyone can see.