Fortress Investment Group plan to expand railway transport in Florida

Florida Development Finance Corp unanimously agreed to give the Brightline’s Miami-to-West Palm Beach to Orlando railway expansion the go-ahead. Federal tax-exempt bonds amounting to $1.15 billion and $600 million will be channeled to this project. The expected date of completion is 2021, and within it is a plan to expand to Tampa. Bridghtline, which is a subsidiary of Fortress Investment Group, has been successful owing to the partial completion of the route. Its trains started running trains to Fort Lauderdale from West Palm Beach in January and expanded to Miami in May this year. This alternative has helped many people beat the rush hour traffic.

Sunshine state is expected to benefit from this venture by Fortress Investment Group especially due to the removal of cars from the highway. It also presents a travel option for tourists as they explore different attractions that Florida has to offer. Trains make several journeys from Miami to West Palm Beach travel in a day with more of this happening during weekdays than weekends. This trips only last 74 minutes with an intermediary stop at Fort Lauderdale.

There are chances that a new train station will be added to the route before the trains can head inwards towards Orlando. Now, Fort Pierce, Stuart, Cocoa, Sebastien, and Vero Beach are the cities under this consideration. The approval of those funds towards this project is expected to create more than 2000 jobs and an economic impact worth $2.4 billion.

Patrick Goddard, who is the President at Brightline say that the addition of Orlando to the train route will create more than 6600 jobs in central Florida alone. It will also bring construction opportunities worth $400 million within that area. Brightline is proposing to the Department of Transportation in Florida to use the Interstate 4’s median between Tampa and Orlando. The idea is to facilitate the building of a railway in that area. This is going to be one of the major infrastructural projects of the company.

Fortress Investment Group is a world-acclaimed and highly diversified investment management firm. Its operations and vast experience encompass a range of investment strategies that include private equity, traditional asset, management, credit, and liquid markets. Fortress Investment Group expedites all these operations on behalf of more than1500 institutional investors and private clients all over the world. Fortress Investment Group also focuses on transportation, media, healthcare, real estate, as well as infrastructure.

Louis Chenevert is a Much Focused Entrepreneur and Businessman

Louis Chenevert is an entrepreneur and businessman. His interest in such pursuits began at an early age and he somehow knew that if he always worked hard with a high level of dedication and determination, he would find success in life. He majored in Production Management at the University of Montreal HEC Montreal Business School, earning a degree in the subject.

With his college education under his belt he made his first foray into the business world with General Motors at St. Therese, Quebec where was in charge of the assembly line at the plant. Chenevert, along with the individual who hired him, had an interest in improving the company. They were also looking to work their way up the ladder with their eyes on the top rung. Every time Chenevert’s boss was promoted, Chenevert was promoted to become his replacement.

Chenevert received quite an education while at the plant and learned that in order to achieve production success attention must be paid to detail. After the two men went their separate ways, they remained friends. Chenevert found himself in the aerospace business and took on challenges with Pratt and Whitney Canada. This particular plant manufactures engines for aircraft and it is a division of Pratt and Whitney company based in the United States. Pratt and Whitney is also under the umbrella of the United Technologies Corporation (UTC). After a few years with the company, Chenevert decided to leave Pratt and Whitney Canada and take up with same company, but the United States division.

He eventually took over the role of President and raised the visibility, as well as the profitability of the company. He was able to accomplish that through the use of state of the art technology and the enhancement of efficiency. During times of economic , as well as industry downturn, Chenevert was able to put policies in place that would help them through the rough times. Because of Chenevert’s leadership, the company has grown to more than 33,000 employees. He also went from President to CEO (Chief Executive Officer) after an individual named George David retired.

https://www.bloomberg.com/news/articles/2015-09-08/goldman-sachs-hires-former-united-technologies-ceo-chenevert

CEO Reaching For the Sky With GreenSky Credit

GreenSky Credit is an a typical finance company headquartered in Atlanta that provides loans for housing and home-improvement projects and is doing extremely well. Its CEO, David Zalik, co-founded the company in 2006 and, since then, has stood out for not only his success but also for – unlike many other financial startups – having no difficulties working with big banks. Among other things, GreenSky Credit generates and services loans for major banks and earns tidy profits as a result.

The company is known for being “frictionless.” In fact, clients can apply for a loan on their cell phone and get a decision within seconds. While GreenSky Credit rarely offers loans over $65,000, they do a tremendous volume of business, and they farm out some of their services to contractors to reduce overhead.

Zalik has become a billionaire through his company, but he’s not the type to toot his own horn; in fact, he rarely gives interviews or speaks with the press. Nevertheless, Zalik is drawing headlines in the financial press by taking the first steps towards making GreenSky Credit public, and an IPO to the tune of five billion is being forecast. Because of Zalik’s comfort in both the corporate and startup communities, the Wall Street debut of his GreenSky Credit is something savvy investors are looking forward to.

While running a highly innovative company, Zalik is known for his old-fashioned financial conservatism. The culture at GreenSky Credit isn’t like the go-go image that many startups present. There are no ping-pong tables at the office or catered concerts by rock stars for employees. Like Warren Buffet, Zalik doesn’t waste a penny no matter how successful he becomes. Perhaps this attitude comes from the company’s humble origins; for the first eight years of its history, Zalik relied on a mere 10 million, raised with his own real estate as collateral, to keep the operation going.

http://kbispressroom.com/tag/greensky-credit/

Stream Cares

There is a growing trend in corporate America. This trend is the realization that giving to charity can pay off in a business sense. Many companies are realizing that by donating more charity its helps people realize that they as a company care about their fellow humans. Supporting communities is also a good move in that it allows individuals to get assistance that they would otherwise be able to get. In realizing the financial benefits to the shrines many corporations are creating charitable arms of their businesses. These charitable branches are able to focus 100% of their attention on finding the best charity for their company’s money. By giving at this type of attention they are able to ensure that they are helping out the best calls available.

Stream energy was one is the first companies to realize the benefit of supporting their community. Stream energy created separate friends called stream cares. This branch focuses on helping out where they can. Stream energy believes that it is beneficial to give back. Stream cares focuses on many different projects. One of these projects that they are very proud of is their support of children in need. Stream cares focuses on providing assistance for homeless children. This assistance comes in the form of financial health as well as help with getting basic necessities. They also bring homeless children to a water park for the day. While this may sound shortsighted this generosity provides a once-in-a-lifetime opportunity to its beneficiaries.

Another benefit of having a dedicated charitable arm of the business means that they are able to act quicker and more decisively. For instance, when hurricane Harvey devastated Houston Texas stream energy was able to act quickly. The company responded immediately to the needs of the citizens of Houston Texas. Floodwaters rose over night destroying many homes and trapping thousands in their homes. The devastation also has long-term effects on many people. It left more vulnerable individuals without home or source of income. This loss can easily put people in situations of homelessness for years after the initial disaster. Luckily organizations like stream cares were available to help people get back on their feet.

https://www.dmagazine.com/publications/d-ceo/2010/october/meet-ceo-rob-snyder-of-stream-energy/

Sahm Adrangi- Accomplished entreprenuer

Sahm Adrangi is the backbone of the growth of Kerrisdale Capital Management. He has been the force that has driven the company into becoming one of the epitomes of great businesses in the United States today. It is through his dedication and commitment to the growth of the company that he has realized this growth. Kerrisdale Adrangi was founded in 2009, and Sahm Adrangi was the founder. He is actually the person who came up with the initial idea about the company. Under his management, the company has seen yearly increases in the revenue generated by the company as well as an increase in the value of the property managed by the business. As of July 2017, the company was estimated to be worth $150 million, which was a great return noting that it had not been in business for more than a decade. This is a commendable job from Sahm Adarangi given that he had taken over the management of the company with just $1 million. He has shown that every dream is valid as long as there is dedication and commitment to getting the right results.

Kerrisdale Capital management recently made a decision to specialize in areas of business where they thought they were best at instead of trying to handle numerous activities which would bear no fruits. The hedge fund has been dealing with investments in the biotechnology sector where they believe there are many lucrative deals. Sahm Adrangi has made sure that the operations of the company are directed towards some lucrative deals in the business sector that will allow the company to record good results.

Sahm Adrangi is talented not only in the management of businesses but also as a motivational speaker. He is one of the people who has made a significant contribution in influencing aspiring entrepreneurs not to give up on their ambitions. He has shown that as long as he made it with Kerrisdale Capital Management, anyone else can. He did not have the fortunes to take the company in the way he would have wished for, but he still made it through dedication.

https://www.kerrisdalecap.com/firm/sahm-adrangi/

Paul Mampilly Wins Big With His Investment Publication, Profits Unlimited

Profits Unlimited, a research service created by Paul Mampilly, reached a new level of success. It has accelerated in a short amount of time, making it one of the fastest growing publications in the investment market. Currently, it has 60,000 subscribers.

Paul Mampilly worked on Wall Street for 20 years. Some of his clients included ING, Deutsche Bank and Kinetics International. During his career, he turned an investment of $50 million into $88 million during the financial crisis. As a result, he won the investment competition, given by the Templeton Foundation in 2009.

With the intent to give Main Street Americans profitable investment options, Mampilly joined with Banyan Hill Publishing to create Profits Unlimited. He is able to accomplish his goal by suggesting a new stock each month in an 8 page newsletter. He sends them out to his subscribers. He keeps his subscribers updated every week and tracks the stocks on his website. Mampilly offers a creative alternative to traditional investing. Instead of him doing the investing for his clients, the stock is purchased by the client within their account.

Mampilly’s clients are pleased with his recommendations. One of his stocks is up to 160 percent.

About Paul Mampilly
Paul Mampilly is a long term investor and the Senior Editor for Profits Unlimited at Banyan Hill Publishing. He is also the Senior Editor for Extreme Fortunes and True Momentum. In 2016, Mampilly joined the company. He wanted to help Main Street Americans gain profit through investments, technology, small-cap stocks and other options. Shortly after, he created Profits Unlimited for the purpose of locating stocks that increased. Additionally, he writes for a newsletter known as The Sovereign Investor Daily, which is a weekly column.

Mampilly has an extensive background. He worked for Wall Street for 20 years. He uses the knowledge, skills, and experience obtained from the time he spent there. He has held positions where he was the manager of multi-million dollar accounts. He has managed money for corporations like Sears and Swiss Bank. With many years invested in the industry, Mampilly has a vast interest in the stock market. He is an expert at identifying small companies with new and cutting-edge business products and models. He has helped thousands of people by sharing his knowledge about investing.

Paul Mampilly obtained a Master of Business Degree from Fordham University, located in New York City.