Apollo Global Management Inc., KKR & Co. and Stonepeak may inject billions of dollars into a joint venture that will help fund Intel Corp.’s semiconductor fabrication facility in Ireland, according to people with knowledge of the matter.
Cava Group Inc. is planning to further expand its footprint in the Chicago area and other areas of the Midwest, making a contrarian bet that the region will reverse population declines that have plagued it in recent years.
Donald Trump’s lawyer at his “hush money” trial sought to cast doubt on claims that a tabloid publisher’s $150,000 deal with an ex-Playboy model to keep quiet about an alleged affair was an attempt to influence the 2016 election.
Mexican companies are pushing ahead with plans to sell shares, seeking to tap renewed interest from global equity investors, according to the head of Barclays Plc in the country.
Commercial real estate was one of the scariest assets in the US last year. This year, investors are warming to it once again — and that’s helped revive a key property debt market.
Live like Buffett: Legendary investor lists Laguna Beach property for US$11 million
Ian Vandaelle, Chase Producer, BNN
Billionaire investor Warren Buffett’s six-bedroom Orange County retreat is on the market for $11 million.
, Photo from CENTURY 21 Masters
The Oracle of Omaha is listing his Laguna Beach property for US$11 million. Warren Buffett’s six-bedroom Orange County retreat is on the market in the tony enclave, allowing prospective buyers to pick up the 3,855-square foot house built in 1936, where the average home sells for $1,832,500, according to data compiled by Zillow.
The billionaire investor bought the property in 1971 for a paltry US$150,000, reportedly because his first wife, the activist Susan Buffett, enjoyed the area. The Los Angeles Times reports Buffett poured considerable cash and resources into the property over the course of five decades in order to update the finishings and amenities. According to the listing, the home has six bedrooms, seven baths, ocean view – but no cooling system.