Americans need lower car prices. But not Hertz. “The residual decline ... was relative to both ICE vehicles and EVs”: Hertz
American Homes 4 Rent and Invitation Homes sold over 3,000 older single-family houses in 2023.
The Manhattan office tower Blackstone had bought for $605 million in 2014 and walked away from 2 years ago finally changed hands for $200 million, which paves the way for a complex new beginning.
This Has Been Years in the Making.
Nasdaq fell 2.05%, back to where it had been in September 2021. We have some new WTF Charts of the Year.
80% of single-family rentals are mom-and-pop; mega-landlords own just 3%. But mega-landlords dominate multifamily rentals.
“Rates have been extremely low for a long time — it’s hard to know how many investors and companies are truly prepared for a higher rate environment.”
But banks are having profit problems.
Sure, good industrial and security policy to put semiconductor production on US soil. But these massive government handouts to the richest companies?
The IPO allowed the PE firm that had acquired Joann via an LBO in 2010 to dump the shares into the lap of the public.