Centennial Resource Production Purchased By Silver Run

Silver Run Acquisition Corporation has purchased Centennial Resource Production in a massive deal that brings together multiple corporations who focus on the investment industry. Investing is a broad practice that may be used in several different locations around America. Building an investment business is quite a difficult process, but investors who are spending in the proper locations will find great success. This article is a story of an acquisition that brings two companies together for the good of their shareholders. #1: The Merger Is Healthy For Both Companies Silver Run and Centennial Resource Production may work together on investment projects that are healthy for their clientele. Clients who are investing with both companies may become involved in yet larger projects that will help build their businesses through investment. Any company in America may approach the new corporation for aid with investing, and they benefit quite a lot as they ensure their future with an investment that holds their cash for future use. #2: Who Benefits From Investment? Companies and individuals may place their money in developing products that will grow over the course of many years, and the investor may pull their money out when they please. It is quite exciting for a business to investment in new products, and they will uncover methods for investment that are foreign to them. Choosing investment options is quite difficult when a business is not working the industry every day. #3: Where Does the New Company Plan to Work? Riverstone Holdings is a partner in the deal who will ensure Silver Run is managed properly. Their company will take over 51% of...
From the Field to the Fire: A Journey from the NFL to Real Estate

From the Field to the Fire: A Journey from the NFL to Real Estate

Tackling the world of real estate is the perfect touchdown for some former NFL players. Real estate involves some of the same principles as being an NFL player: the ability to strategize, researching what works best, dedication and scoring. Some former players have shown success in the transition from the field to the office. Most claim competition helped them succeed on and off the field. Former Dallas Cowboys quarterback Roger Staubach hit the world of real estate in 1977. Staubach actually began the venture into real estate while he was still throwing touchdowns. He did it on the side as a way to earn additional income for his growing family. Staubach first began with the Henry S. Miller Co. Eventually he branched out to start his own commercial real estate company, The Staubach Co. which has now gone global. Bret Lockett graduated from a school outside Los Angeles then attended four years at UCLA before landing a spot on the New England Patriots. His NFL career was short-lived after a series of injuries. He last played for the New York Jets before starting at the bottom of the ladder, an unknown place for Lockett. Lockett joined Douglas Elliman, the nation’s fourth largest real estate company. He now sells high end real estate in the Los Angeles and New York area. Than Merrill quickly went from the NFL to real estate after a one year stint with the Chicago Bears. He hit it big with landing on the popular television show “Flip this House”. On it, Merrill and his team of real estate investors Chris Port stepped off the field...

Be Like Glue and Stick To Your Career

No longer is the paradigm of finding a successful “job” a current idea, but the new thought is to finding a successful career. A career is an investment into one’s own existence. An existence is based on one’s own likes and dislikes; and your success is support by your skills, talents, and education. Consequently, each person needs to ponder exactly what is meant by having a successful career. Does a successful career mean making lots of money working in hedge funds, or does it mean service oriented careers as in the medical field; maybe animal protection is what makes your heart flutter, so maybe your career would be an animal rescue and blogger career. Now some people know right off the bat what they want their life to be about, such as an entertainer. Somehow these people know at an early age that being a showboat is what puts zest into their lives. However, what about all the rest of us that do not know what make a life full of satisfaction. Well, there are a few proven tips that help one cultivate a successful career and here they are: Make your career based on the things you naturally like to do. Map out your career; don’t count on anyone else to do it for you. A career can be what you decide it to be, and it doesn’t need a label. Make a commitment to yourself to stick with your career, even if everyone else says give up. (In other words just show up; 90% of life is just showing up). List item number four, is the best...

Real Estate in San Diego: Trends and Agents

Luxury homes are on the upswing in San Diego, California. In 2015 alone, over 700 homes in San Diego County were sold for $2 million dollars while over 100 homes were sold for $4 million dollars. This rise in real estate gives brokers, independent resale companies, and agents a far larger profit margin. Christel Carlyle, an agent with Carrington Real Estate Services sold property $23 million giving her an once-in-a-lifetime commission. Commissions generally run between 3-5 percent depending on the agent and their experience. These homes are generally listed as resale, each seller wanting to meet the projected price goal and using the best agents to get it. With the influx of foreign buyers to the San Diego area, these luxury and green homes are sold for what they are worth. This is an agent’s dream. Many pay cash for their real estate in the millions, giving the agent’s commission a solid boost upward. Foreign investors are making up half of home and land sells in the San Diego area. These buyers are a reseller’s dream. Some corporations come in buying large batches of these properties if only to hold as the market continues to rise. When selling or buying a pre-owned home or property, knowing who the best real estate companies and agents are is essential. Whether following a trend or simply purchasing a family home, knowing the best team is supporting and organizing the sale is essential. Real Estate Gurus Tony Elias, winner of the Century 21 Award, has sold dozens of half a million dollar homes in the San Diego area in the last six months....

What It Takes to Flip Homes in Southern California

Home flipping is no joke, particularly in San Diego. Many people have tried to take shortcuts to building wealth in real estate, leading to incredible failures that have left many bankrupt. While there are numerous sources of failure that should be noted as cautionary tales, the truth is that prospective investors don’t just need to know what not to do, but also how Than Merrill and those who have succeeded created their fortunes. The Retirement Maze – A Must Read Dr. Rob Pascale retired at the age of 51. He is famously noted for his work in research psychology, but the seed money he built up during the early years of his career was built up further in real estate. Without diving too deeply into the book that covers this subject, he notes that there are several factors that played into his favor: Understanding the market Limiting personal exposure Networking It was the late ’80’s and early ’90’s when Dr. Pascale made his first investment – a single family home, which he notes on page 88 as “having previously had a lot of cats.” With this home, he knew that by cleaning it up and making it shine, he could make a quick profit, and he did, earning himself $30,000 in just 47 days! However, he didn’t walk into these deals with all of his own money. After all, he’d worked hard for the money he’d made and had two very young children at home. Instead, he brought in a local contractor whose equity was built by the work he’d done. $7,500 worth of repairs earned him his money...

Permal Group and Entrust Capital Have Been Acquired by Legg Mason

EnTrust and Permal are headed for a joint venture to create one of the largest global alternative asset management firms in the world. The new company which will be referred to as EnTrustPermal and will have total assets worth $29 billion and Pro-forma AUM of over $26 billion. Entrust is current the leading alternative asset manager and hedge fund investor that has its headquarters located in New York. The company has total assets, investor base, business mix and complementary investment strategies amounting to $12 billion to Permal. EnTrust offers a diverse management of investment products which involves high net worth investors and a significant number of institutions. Permal Group is a hedge funds manager which deals with private equity funds products for international investors. Started in 1973, it is now one of the oldest hedge funds firm currently managing approximately $22 billion in Assets. The primary clients of the company include private banks pension funds, sovereign wealth funds, foundations, endowments, insurance companies, high-net-worth individuals, and family offices. The combination of EnTrust and Permal will make Legg Mason the owner of 65% of the new entity and 35% being owned by Entrust’s Co-founder and managing partner, Gregg S. Hymowitz. He will also be the chairman and chief executive officer of EntrustPermal. Both firms have agreed to retain business and investment professionals to serve the investors of the newly formed organization. Also, keeping the professionals will create a platform for the necessary leadership and scale team to expand significantly the new company and utilize the multi-alternative offerings and capabilities. This is not the first deal Legg Mason has scored in 2016,...