Third Avenue

Northwell Health and The START Center for Cancer Research to Form Strategic Partnership, Increasing Patient Access to Breakthrough Cancer Research

Retrieved on:

Vendredi, mai 31, 2024

A new START early-phase clinical trial site is to be established at the Zuckerberg Cancer Center, part of Northwell Health’s Cancer Institute .

Key Points:

A new START early-phase clinical trial site is to be established at the Zuckerberg Cancer Center, part of Northwell Health’s Cancer Institute .
A second START clinical trial site is planned for the Goldman Health Care Pavilion on Third Avenue between 76th and 77th streets in Manhattan.
Slated to open in 2026, this outpatient facility, led by the Northwell Health Cancer Institute, will offer innovative cancer care programs for various cancer types and will also provide access to Northwell's cutting-edge cancer research and clinical trials.
START's expanded site network offers a strategic advantage in navigating the challenges commonly faced in early-phase cancer research.

200 East 84th Street Owner’s Corp. Selects Maxwell-Kates, Inc. As Managing Agent

Retrieved on:

Mardi, mai 21, 2024

Partnership, Business development, Third Avenue, EVP

NEW YORK, NY, May 21, 2024 (GLOBE NEWSWIRE) -- The luxury cooperative located at 200 East 84th Street, in the Yorkville district in Manhattan’s Upper Eastside, has selected Maxwell-Kates, Inc., An Associa® Company , as its managing agent of record, after a comprehensive review process.

Key Points:

NEW YORK, NY, May 21, 2024 (GLOBE NEWSWIRE) -- The luxury cooperative located at 200 East 84th Street, in the Yorkville district in Manhattan’s Upper Eastside, has selected Maxwell-Kates, Inc., An Associa® Company , as its managing agent of record, after a comprehensive review process.
“We are thrilled to have the opportunity to work with Maxwell-Kates," said Gary Freilich, longtime co-op board president and shareholder.
"We were searching for a real estate property management firm with a depth of experience and expertise, and a longstanding tradition of service excellence.
“We are excited to welcome 200 East 84th Street to the Maxwell-Kates family,” said Andy Marks, EVP of Business Development & Client Relationship Management for Maxwell-Kates.

Third Avenue International Real Estate Value Fund Celebrates 10-Year Anniversary

Retrieved on:

Mercredi, mai 22, 2024

Asset Management, Professional Services, Finance, International real estate, Fund, Investment, Third Avenue, CFA, Real estate

Third Avenue Management LLC ("the Firm" or "Third Avenue"), a United States-based investment adviser and leading value investing firm, is pleased to announce that the Third Avenue International Real Estate Value Fund ("the Fund"; NASDAQ: REIFX) recently celebrated its 10-year anniversary.

Key Points:

Third Avenue Management LLC ("the Firm" or "Third Avenue"), a United States-based investment adviser and leading value investing firm, is pleased to announce that the Third Avenue International Real Estate Value Fund ("the Fund"; NASDAQ: REIFX) recently celebrated its 10-year anniversary.
Since making its first investments, the Fund has generated annualized returns exceeding its Benchmark1 by more than 425 basis points per year2.
"We are pleased with the International Real Estate Fund’s performance over the past decade and are grateful for the support our shareholders have provided during that time,” said Quentin Velleley.
“We also believe that the Fund’s distinct style, the significant price-to-value disconnects in international real estate securities, and the limited number of competing strategies continue to provide an exciting backdrop for the decade ahead.”
To learn more about the Third Avenue International Real Estate Value Fund, please visit the strategy overview page at https://www.thirdave.com/strategy-reifx .

Waterman Interests, LLC and HPS Investment Partners Announce Strategic Relationship for Redevelopment of 850 Third Avenue

Retrieved on:

Mercredi, mai 22, 2024

REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Third, Lever House, Partnership, 59th Street station, Thought, Economic development, Third Avenue, HPS, Multimedia

Built in 1961 and designed by Emery Roth Architects, 850 Third Avenue currently offers the largest block of available space in Midtown East -- more than 400,000 square feet -- and will receive a substantial capital investment to redevelop the building into a compelling headquarters building. 850 Third was one of the first two buildings to receive approval for participation in the New York City Economic Development Corporation’s M-Core program. M-Core provides owners of commercial office buildings with a range of tax benefits to support transformative renovations of office buildings located in Manhattan south of 59th Street to create new, high-quality, amenity-rich office space.

Key Points:

Waterman Interests, LLC, a privately-held commercial real estate investment and operating company (Waterman), and HPS Investment Partners (HPS) have entered into a strategic relationship for the redevelopment of 850 Third Avenue, a 605,000 square foot, 21 floor office building in Manhattan.
This press release features multimedia.
850 Third was one of the first two buildings to receive approval for participation in the New York City Economic Development Corporation’s M-Core program.
“Execution of a thoughtful and comprehensive capital redevelopment program, in tandem with the M-Core award allows us to deliver the preeminent office building on Third Avenue, specifically designed for large tenants who demand exceptional building infrastructure, amenities, and identity.”

Hudson Value Partners Marks Milestone: Five Years of Client-Centric Success

Retrieved on:

Vendredi, mai 17, 2024

Personal Finance, Finance, Banking, Professional Services, Asset Management, Buttonwood, CMT, Trust, Growth, Third Avenue

Fast forward 227 years to May 17, 2019, when Hudson Value Partners launched from offices at 800 3rd Avenue.

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Fast forward 227 years to May 17, 2019, when Hudson Value Partners launched from offices at 800 3rd Avenue.
Today, Hudson Value Partners proudly celebrates its 5-year anniversary.
With offices now in Morristown, NJ, Greenwich, CT, and Palm Beach, FL, Hudson Value Partners has expanded its reach significantly.
Notably, Hudson Value Partners remains 100% owned by active employees, prioritizing alignment of interests with its clients.

Third Avenue Management Named 2024 Best Equity Fund Family Group by LSEG Lipper

Retrieved on:

Jeudi, mars 14, 2024

Banking, Asset Management, Professional Services, Finance, Small group, Third Avenue, Martin J. Whitman, Asset classes, Equity, Investment, Mutual fund

Third Avenue Management LLC (“the Firm” or “Third Avenue”) announced today that the Firm was named as the LSEG Lipper Fund Awards Winner United States 2024, Best Equity Small Size Fund Family Group Over Three Years.

Key Points:

Third Avenue Management LLC (“the Firm” or “Third Avenue”) announced today that the Firm was named as the LSEG Lipper Fund Awards Winner United States 2024, Best Equity Small Size Fund Family Group Over Three Years.
The Group Awards are presented by LSEG Lipper each year to recognize fund companies that have excelled relative to their peers.
Third Avenue’s designation as the 2024 Best Equity Small Size Fund Family Group was driven by the performance within its actively managed Mutual Funds, including the Third Avenue Value Fund ( NASDAQ: TAVFX ), Third Avenue Small-Cap Value Fund ( NASDAQ: TASCX ), and Third Avenue Real Estate Value Fund ( NASDAQ: TAREX ) for the three-year period ended December 31, 2023².
LSEG Lipper Fund Awards Winner United States 2024, Best Equity Small Size Fund Family Group Over Three Years.

Third Avenue Launches Global Value UCITS For Non-U.S. Investors

Retrieved on:

Lundi, février 26, 2024

Banking, Asset Management, Professional Services, Finance, Acquisition, UCITS, Investment, Fund, Business, Capital, Third Avenue, Partnership, Security (finance)

Third Avenue Management LLC (“Third Avenue”), a New York City-based investment adviser and leading value investing firm, is pleased to announce the upcoming launch of the Third Avenue Global Value Fund (ISIN: IE000K2CIQ63)1.

Key Points:

Third Avenue Management LLC (“Third Avenue”), a New York City-based investment adviser and leading value investing firm, is pleased to announce the upcoming launch of the Third Avenue Global Value Fund (ISIN: IE000K2CIQ63)1.
The global value strategy has been managed for more than three decades and, since its inception in 1990, has provided investors with attractive long-term returns.
The Fund will be structured as a sub-fund of Ireland-domiciled UCITS, Gemini Investment Funds (Ireland) Plc2, and is the second UCITS fund offering from Third Avenue along with its highly regarded Third Avenue Real Estate Value Fund (ISIN: IE00B6WFK718).
“We are thrilled to offer the Third Avenue Global Value Fund to qualified non-US investors,” said Portfolio Manager Matthew Fine.

Greenberg Traurig's Global Real Estate Practice Pivots to Help Clients Grow Amid Economic Headwinds in 2023

Retrieved on:

Mercredi, janvier 10, 2024

NEW YORK, Jan. 10, 2024 /PRNewswire-PRWeb/ -- Despite high interest rates and other headwinds that put pressure on asset valuations and deal flow, Greenberg Traurig's Global Real Estate Practice had a strong year in 2023, finding new ways to serve clients and help them grow amid the uncertainty.

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Despite high interest rates and other headwinds that put pressure on asset valuations and deal flow, Greenberg Traurig's Global Real Estate Practice had a strong year in 2023, finding new ways to serve clients and help them grow amid the uncertainty.
NEW YORK, Jan. 10, 2024 /PRNewswire-PRWeb/ -- Despite high interest rates and other headwinds that put pressure on asset valuations and deal flow, Greenberg Traurig 's Global Real Estate Practice had a strong year in 2023, finding new ways to serve clients and help them grow amid the uncertainty.
"Greenberg Traurig lawyers proved resilient and creative in 2023 as clients continually turned to us to help anticipate change, reduce risk, and adapt to new market conditions worldwide," said Michael J. Baum , co-chair of the Global Real Estate Practice and senior vice president of the firm.
The team saw significant client demand across a broad range of real estate transactions and matters, including asset management, fund formations, joint ventures, litigation, property development, infrastructure, and restructurings.

Adam Ermanis Returns to Third Avenue Amid Strong Performance

Retrieved on:

Lundi, décembre 18, 2023

Consulting, Professional Services, Finance, Third Avenue, Business development

Third Avenue Management LLC (“Third Avenue”), a U.S.-based investment adviser and leading value investing firm, is pleased to announce that Adam Ermanis has rejoined the Firm as Managing Director, Client Services.

Key Points:

Third Avenue Management LLC (“Third Avenue”), a U.S.-based investment adviser and leading value investing firm, is pleased to announce that Adam Ermanis has rejoined the Firm as Managing Director, Client Services.
In his role, Mr. Ermanis will be responsible for institutional and intermediary investor engagement, client relations, and business development.
“I am excited to be welcoming Adam back to the Third Avenue family.
I’m excited to be back among some of value investing’s most practiced and dedicated investors as Third Avenue continues to strengthen its legacy.”

Ault Alliance Receives an Investment of $41.5 Million from Ault & Company

Retrieved on:

Vendredi, décembre 15, 2023

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the closing of a $41.5 million financing (the “Financing”) with Ault & Company, Inc. (“A&C”), an affiliate of the Company, pursuant to the Securities Purchase Agreement (the “Agreement”) entered into between the Company and A&C on November 6, 2023.

Key Points:

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the closing of a $41.5 million financing (the “Financing”) with Ault & Company, Inc. (“A&C”), an affiliate of the Company, pursuant to the Securities Purchase Agreement (the “Agreement”) entered into between the Company and A&C on November 6, 2023.
As stewards of both Ault & Company and Ault Alliance, which are led by essentially the same individuals, our leadership team has a unique, dual perspective that reinforces our commitment to this course of action.
I remain convinced that Ault Alliance's assets are significantly undervalued, and my macro-outlook for the Company is more robust than ever.
For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov.