#daniel kaufman

[dkaufmandevelopment]

📊 Economists Warn of New Inflation Hazards Post-Election

As we approach the presidential election, economists are raising concerns about potential inflation hazards. While inflation has cooled due to higher interest rates, supply chain improvements, and an increased workforce, the policies of the next administration could significantly impact its trajectory.

Key Insights:

- Trump's Policies: Broad tariffs, worker deportations, and pressure on the Federal Reserve could reignite inflation. Potential tax cuts and deficit increases may further drive inflation.

- Harris's Policies: Focus on home construction and anti-price gouging measures. Aims to offset spending with revenue increases to manage inflation.

Economists caution that Trump's approach may destabilize the economy if unchecked. As real estate developers and investors, staying informed about these potential changes is crucial for strategic planning and investment decisions.

#Economy #Inflation #RealEstate #InvestmentOpportunities #Election2024 

What are your thoughts on the potential inflation hazards post-election? Let’s discuss!

Stay informed with the latest economic insights and trends! 📈✨

[dreaminginthedeepsouth]

Zion National Park :: Daniel Kaufman

* * * * 

"Never once in my life did I ask God for success or wisdom or power or fame. I asked for wonder, and he gave it to me."

- Abraham Joshua Heschel

[danielkaufmanrealestate]

High Vacancies Cost Dallas, Houston $3B in Office Rents Yearly

With a combined 103 million square feet of empty office space, Dallas and Houston are grappling with a significant economic challenge. These high vacancy rates are costing the cities an estimated $3.18 billion in potential rental income each year, raising concerns among real estate developers and investors. By The Numbers Dallas currently has 53 million square feet of empty office space,…

[cieuxgris]

The Unbearable Lightness of Being (1988)

[inolongerhavealilacname]

“La insoportable levedad del ser” del director Philip Kaufman, basada en un libro de Milán Kundera

[bluen3hey]

1988  The Unbearable Lightness of Being

[nighmoons]

Show some love over on my Instagram!

[theoscarsproject]

The Unbearable Lightness of Being (1988). Central Europe, 1968: A Czech doctor with an active sex life meets a woman who wants monogamy, and then the Soviet invasion further disrupts their lives.

I couldn't help but feel multiple times while watching this that it was just so, so obvious that a man had both written and directed this. It has its sensual moments, for sure, in no small part because of the vulnerability and sexuality that Juliette Binoche and Lena Olin bring to their roles, but it feels so unbalanced and male gazey that it's hard to see it as anything other than objectification (to say nothing of Tomas' pretty eyeroll-worthy pick-up line). I don't know, this just didn't work for me at all, despite some stellar performances. 4/10.

[kiki-de-la-petite-flaque]

Daniel Day-Lewis and Juliette Binoche in The Unbearable Lightness of Being, Philip Kaufman, 1988

[storyofmorewhoa]

Could be nostalgia for all that is lost? Could it be that our love is star-crossed?

Poultrygeist: Night of the Chicken Dead (2006)

[the-snitch-anon-system]

4 year old winter au

Okay okay hear me out.

Isa becomes Auntie Isa cuz she just treats winter like a nephew and looks after them all the time

Daniel becomes DanDan and will always and I mean ALWAYS give them a new doll whenever they ask

Heather becomes birdie cuz u can’t really shorten Heather and she gives winter little bird teddies

And Art. Precious Art. Winters scared of him. He doesn’t know if it’s the long hair, the being German. We don’t know. But winter is scared of him- apollo

[dkaufmandevelopment]

Blackstone Surges to Record High: A Closer Look at Their Impressive Q3 Results

Blackstone, the world's largest commercial property owner, achieved a remarkable milestone on Thursday as its shares surged to a record high. This impressive performance comes on the heels of better-than-expected third-quarter results and an improved real estate investment performance. Let’s dive into the factors driving this success and what it means for the market.

Key Highlights from Q3

In the third quarter, Blackstone invested or committed a staggering $54 billion, marking the highest amount in over two years. This surge in investment activity is attributed to the Federal Reserve’s recent rate cut in September, which significantly reduced the cost of capital. The U.S. central bank’s previous rate hikes had stymied real estate deals and financing, leading to increased defaults in the office market affected by corporate cost-cutting and the rise of hybrid and remote work.

Stephen Schwarzman, Blackstone’s Chief Executive, emphasized the positive impact of the rate cut, stating, “Easing the cost of the capital will be very positive for Blackstone’s asset values. It will be a catalyst for transaction activity.” This sentiment was echoed by Jonathan Gray, President and Chief Operating Officer, who noted that while commercial real estate sentiment is improving, it remains cautious.

Strategic Investments and Areas of Focus

Blackstone has been proactive in planting the “seeds of future value” by substantially increasing its pace of investment. A key area of focus is the revolutionary advancements in artificial intelligence (AI) and the associated digital and energy infrastructure. In September, Blackstone announced the $16 billion purchase of AirTrunk, the largest data center operator in the Asia-Pacific region. This acquisition is part of Blackstone’s $70 billion investment in data centers, with over $100 billion in prospective pipeline development.

Other notable investment themes include renewable energy transition, private credit, and India’s emergence as a major economy. These strategic areas highlight Blackstone’s commitment to innovation and growth.

Recovery in Commercial Real Estate

The Blackstone Real Estate Income Trust (BREIT), a benchmark for the industry, reported a 93% slump in investor stock redemption requests from a peak. This indicates a recovery in investor confidence and a shift towards positive net inflows of capital. BREIT’s core-plus real estate investments, which include stable, income-generating, high-quality real estate, showed a 0.5% decline in Q3 performance, an improvement from a 3.8% drop over the past 12 months. The riskier opportunistic real estate investments posted a 1.1% increase, reversing previous declines.

Student Housing and Data Centers

Among rental housing, student housing has emerged as a significant focus. Wesley LePatner, set to become BREIT CEO on Jan. 1, highlighted the structural undersupply in the U.S. student housing market, emphasizing its potential as an all-weather asset class. BREIT has consistently met investor redemption requests for several months, showcasing strong performance.

Furthermore, the demand for data centers remains robust. QTS, which Blackstone took private in 2021, recorded more leasing activity last year than the preceding three years combined. Such sectors, once considered niche, are now integral to the commercial real estate landscape.

Financial Performance and Outlook

Blackstone’s third-quarter net income soared to approximately $1.56 billion, up from $920.7 million a year earlier. Distributable earnings, profit available to shareholders, rose to $1.28 billion from $1.21 billion. Total assets under management jumped 10% to about $1.11 trillion, driven by inflows to its credit and insurance segment.

The Path Forward

As Blackstone continues to navigate the evolving market landscape, it remains focused on identifying “interesting places to deploy capital.” With a robust investment strategy and a keen eye on emerging trends, Blackstone is well-positioned for future growth.

Join the Conversation: What are your thoughts on Blackstone’s impressive Q3 performance and strategic investments? How do you see these trends impacting the broader real estate market? Share your insights and engage with our community!

[knittinganddrinkingtea]

Valery Kaufman by Daniel Riera for Harper’s Bazaar September 2016

[danielkaufmanrealestate]

Window of Opportunity Opens for CRE Investment

The commercial real estate (CRE) market is on the brink of a potential investment boom, according to a recent report from Oxford Economics. After years of volatility, one of the biggest challenges for real estate developers and investors is determining the right time to dive back into the market. Has the market hit bottom, or is it still sinking? With the Federal Reserve’s recent 50 basis point…

[cieuxgris]

The Unbearable Lightness of Being (1988)

[afnews7]

Donald Duck. The Ultimate History di David Gerstein, J.B. Kaufman, Daniel Kothenschulte