Rocky Mountain Voice

Tag: Blackrock

Aspen Realtor Running for Congress Campaigns on Housing Affordability While Selling Luxury Homes
The Washington Free Beacon, Approved, State

Aspen Realtor Running for Congress Campaigns on Housing Affordability While Selling Luxury Homes

By Ethan Barton | Washington Free Beacon Dwayne Romero, whose own house is worth up to $25 million, has accused 'Wall Street behemoths' of driving up rent while holding positions with BlackRock, Blackstone, and Airbnb. The Democratic nominee for Colorado's Third Congressional District, Dwayne Romero, has made housing affordability a tent-pole issue for his campaign, accusing "Wall Street behemoths" of "buying up homes and driving up rents." Yet, for years, his real estate firm has made big money selling multimillion-dollar luxury homes in Aspen, where residential property is so expensive that even the city's doctors and lawyers can't afford to live. Romero also holds stakes in BlackRock, Blackstone, and Airbnb, his personal financial disclosure shows. Romero t...
BlackRock investment firm inks $23B deal for Panama Canal ports
Approved, Fox Business, National

BlackRock investment firm inks $23B deal for Panama Canal ports

By Eric Revell  | Fox Business BlackRock on Tuesday announced the purchase of the ports at the Panama Canal that President Donald Trump raised security concerns regarding their connections to China. BlackRock announced the $22.8 billion deal with CK Hutchison's subsidiary Hutchison Port Holdings, which will see the firm acquire the Panama ports of Cristobal and Balboa, which are located at the Atlantic and Pacific ends of the canal, respectively. It will also acquire Hutchison's controlling interest in 43 ports in 23 other countries. The world's largest asset manager will partner with Terminal Investment Limited (TiL) to operate the ports in concert with the BlackRock subsidiary Global Infrastructure Partners (GIP). READ THE FULL STORY AT FOX BUSINESS