King Street

KBRA Releases Research – European CLO Manager Style Comparisons: April 2024 Update

Retrieved on: 
Lunedì, Aprile 29, 2024

KBRA releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers.

Key Points: 
  • KBRA releases a report that examines the different strategies adopted by collateralised loan obligation (CLO) managers.
  • An individual CLO manager’s style or approach to investing in a pool of leveraged loans can vary compared to peers.
  • As part of KBRA’s series examining European CLO manager styles, this report examines cross-metric comparisons that could offer insight on potential strategies employed across the market.
  • In a reversion from our October report, conservative managers have become more convincingly conservative, while the more opportunistic managers have become less convincingly opportunistic.

American Real Estate Partners Begins Transformation of 1101 King Street into CityHouse Old Town

Retrieved on: 
Mercoledì, Febbraio 28, 2024

Today, American Real Estate Partners (AREP) announced the official start of construction on CityHouse Old Town , the company's latest luxury rental development for the firm's residential platform: CityHouse.

Key Points: 
  • Today, American Real Estate Partners (AREP) announced the official start of construction on CityHouse Old Town , the company's latest luxury rental development for the firm's residential platform: CityHouse.
  • Pre-leasing on CityHouse Old Town will begin in the Summer of 2025, with construction to be completed later that Fall.
  • CityHouse Old Town highlights our vision for distinctive, sought-after destinations and we’re thrilled to get construction underway.”
    Once finished, CityHouse Old Town will epitomize bespoke rental living and add to the immense character and popularity of historic Old Town Alexandria.
  • Bozzuto Management continues its successful partnership with AREP and will serve as property manager once CityHouse Old Town delivers in Fall 2025.

Doyle Receives Charleston, SC Preservation Award

Retrieved on: 
Lunedì, Marzo 4, 2024

CHARLESTON, S.C., March 4, 2024 /PRNewswire/ -- Doyle Auctioneers & Appraisers was honored to receive the distinguished Carolopolis Award of the Preservation Society of Charleston at the 70th Carolopolis Awards ceremony on February 29, 2024. The award recognized Doyle's 2023 renovation of the historic 1888 building at 123 King Street housing its Charleston gallery. Stated the Society of the renovation,"123 King Street once again proudly contributes to this prominent corridor and serves as a shining example of the traditional craftsmanship and architectural character so integral to Charleston's historic streetscape."

Key Points: 
  • CHARLESTON, S.C., March 4, 2024 /PRNewswire/ -- Doyle Auctioneers & Appraisers was honored to receive the distinguished Carolopolis Award of the Preservation Society of Charleston at the 70th Carolopolis Awards ceremony on February 29, 2024.
  • The award recognized Doyle's 2023 renovation of the historic 1888 building at 123 King Street housing its Charleston gallery.
  • The Carolopolis Award was created in 1953 to recognize outstanding achievement in historic preservation.
  • Founded in 1920, the Preservation Society of Charleston (PSC) is the oldest grassroots preservation organization in the nation.

Ascend Elements to Relocate and Expand Corporate Headquarters and R&D Tech Center to Devens, Massachusetts

Retrieved on: 
Mercoledì, Settembre 20, 2023

WESTBOROUGH, Mass., Sept. 20, 2023 /PRNewswire/ -- Ascend Elements today announced plans to move its corporate headquarters and research & development center from its current location in Westborough, Mass. to a 101,000 square foot facility at 39 Jackson Road in the Pathway Devens campus in Devens, Mass. The facility is owned and operated by King Street Properties in Boston. Ascend Elements has experienced over 500% headcount growth in the last 18 months and currently employs approximately 350 team members globally, including 140 people in Massachusetts. The 31-mile relocation is planned for September 2024.

Key Points: 
  • WESTBOROUGH, Mass., Sept. 20, 2023 /PRNewswire/ -- Ascend Elements today announced plans to move its corporate headquarters and research & development center from its current location in Westborough, Mass.
  • Ascend Elements has experienced over 500% headcount growth in the last 18 months and currently employs approximately 350 team members globally, including 140 people in Massachusetts.
  • "This relocation will be a milestone for Ascend Elements as we continue our rapid growth in the engineered battery materials industry," said Mike O'Kronley, CEO of Ascend Elements.
  • We look forward to having space to expand and a facility that will meet our current and future needs."

Bolt PR Announces 'Hospitality Hot 20' List of Brands Leading the Industry in 2023

Retrieved on: 
Mercoledì, Agosto 30, 2023

The newly released list features the top brands and their celebrated accommodations, restaurants and bars across the hospitality landscape — highlighting their exceptional contributions and dedication to transforming the industry.

Key Points: 
  • The newly released list features the top brands and their celebrated accommodations, restaurants and bars across the hospitality landscape — highlighting their exceptional contributions and dedication to transforming the industry.
  • Among the top names on the Hospitality Hot 20 list are some of Bolt PR's esteemed clients, reinforcing the agency's exceptional ability to recognize and support industry pioneers.
  • The complete list of the Hospitality Hot 20 can be found on the Bolt PR blog , which also features in-depth profiles and insights into each brand's accomplishments.
  • For more information about Bolt PR and the hottest brands leading the hospitality industry, visit boltpr.com .

Quarterra Opens Cormac Apartments

Retrieved on: 
Giovedì, Giugno 8, 2023

CHARLESTON, S.C., June 8, 2023 /PRNewswire/ -- Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer and asset manager, today announced the opening of Cormac Apartments. Cormac is a mixed-use apartment community on Charleston's upper peninsula and represents the first joint venture between QMF and Cresset Partners and was capitalized in their Cresset Diversified Qualified Opportunity Zone (QOZ) Fund I.

Key Points: 
  • CHARLESTON, S.C., June 8, 2023 /PRNewswire/ -- Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer and asset manager, today announced the opening of Cormac Apartments.
  • "Cormac represents a significant step in the evolution of Charleston's Upper Peninsula district, bringing an element of sophistication through next-level living and retail opportunities," said Beach Corontzes, development manager for Quarterra.
  • Situated at 1310 Meeting Street Road, Cormac is central to regional employment, shopping, dining and entertainment options.
  • Cormac residents also find themselves in close proximity to several local attractions such as The Refinery, Pacific Box & Crate, and The Wonderer.

CRG Welcomes Sebastian Arango as Managing Director and Head of Capital Formation

Retrieved on: 
Giovedì, Maggio 25, 2023

CRG, a leading healthcare investment firm, today announced the appointment of Sebastian Arango as a Managing Director and Head of Capital Formation.

Key Points: 
  • CRG, a leading healthcare investment firm, today announced the appointment of Sebastian Arango as a Managing Director and Head of Capital Formation.
  • “We are thrilled to have Sebastian join CRG to help deliver the Firm’s fundraising capabilities globally,” said Nate Hukill, President and Chairman of CRG.
  • “Over the last three years, we have undertaken an ambitious plan to upgrade our team, and Sebastian is the realization of that goal.
  • Most recently, Mr. Arango was a Managing Director and senior marketing and capital markets professional at King Street Capital Management.

King Street Expands Marketing and Investor Relations Team With William McGirr

Retrieved on: 
Martedì, Maggio 2, 2023

NEW YORK, May 2, 2023 /PRNewswire/ -- King Street Capital Management ("King Street" or "the Firm"), a leading global alternative investment firm, today announced that William McGirr has joined the Firm as a Managing Director on the Marketing and Investor Relations team.

Key Points: 
  • NEW YORK, May 2, 2023 /PRNewswire/ -- King Street Capital Management ("King Street" or "the Firm"), a leading global alternative investment firm, today announced that William McGirr has joined the Firm as a Managing Director on the Marketing and Investor Relations team.
  • In the role, Mr. McGirr will support King Street in enhancing investor relationships across the United States and Canada, reporting to Vincent Dubois-Pelerin, Partner and Global Head of Marketing and Investor Relations.
  • "We are committed to providing our clients with the investment solutions they need and are excited to have Will join our team to continue these efforts."
  • A seasoned business development executive, Mr. McGirr has held leadership roles at several alternative investment firms, with experience across equity and credit asset classes.

Serverspace Announces New Data Centres Worldwide

Retrieved on: 
Venerdì, Aprile 21, 2023

Toronto, Ontario--(Newsfile Corp. - April 21, 2023) - Serverspace, a leading cloud provider, is proud to announce the hardware placement in a new data center in Toronto, Canada.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - April 21, 2023) - Serverspace, a leading cloud provider, is proud to announce the hardware placement in a new data center in Toronto, Canada.
  • This facility marks the sixth location for Serverspace's global expansion, with existing data centers in five other countries.
  • "Connecting to our high-end data center infrastructure allows Serverspace to be in demand around the world."
  • Serverspace's expansion in Toronto is part of its ongoing commitment to providing reliable and scalable cloud solutions to businesses worldwide.

King Street Opens Dubai Office

Retrieved on: 
Lunedì, Marzo 20, 2023

DUBAI, UAE, March 20, 2023 /PRNewswire/ -- King Street Capital Management ("King Street" or "the Firm"), a leading global alternative investment firm, has established an office in Dubai, expanding its presence in the Middle East and North Africa (MENA) region.

Key Points: 
  • DUBAI, UAE, March 20, 2023 /PRNewswire/ -- King Street Capital Management ("King Street" or "the Firm"), a leading global alternative investment firm, has established an office in Dubai, expanding its presence in the Middle East and North Africa (MENA) region.
  • King Street has hired Reda Zebdi as Managing Director to work with executive leadership and lead its MENA operations.
  • Mr. Zebdi joins King Street after 11 years at BlackRock, where he most recently served as Head of Institutional Clients, Middle East.
  • King Street is in the process of obtaining local approvals to commence regulated activities.