Connect with us

Private Equity

The affordable way to acquire a luxury-resort style second home for 1/8 the cost – See photos of 3 property examples in Park City, UT and Palm Springs or Malibu Beach, CA

Published

on

From: InsideHook NY
Date: Wed, Jun 30, 2021 at 3:42 PM
Subject: The affordable way to acquire a second home
To: VETBIZ IR media firm Globalcrossroadscapital.com>

InsideHook NY delivers recommendations on where to eat and imbibe, what to wear and must-see destinations in and around the Big Apple.

InsideHook5430859a.gif
Brought to you by InsideHook &
Logo_LockUps_Horiz-Multi-Light.png?fit=2040%2C460
InsideHook
A Swaggy Second Home Minus the Cost and Hassle? Don’t Mind If We Do!
Seriously, check out these houses
Recently we clued you into Pacaso, a new real-estate concern that’s making it easier (and more affordable) than ever before to own a baller second home in prime vacation spots around the country.

Don’t worry, a timeshare this ain’t. The way it works is that Pacaso purchases jaw-dropping luxury homes, sets up an LLC and then sells actual ownership in one-eighth shares, each of which translates to about six weeks of use per year. Long story short, you’re able to get a much swankier crib than you would normally, you can easily spread your use out over the year, you actually own a share of the property (rather than the “right to use” time typical of a timeshare), and because Pacaso manages said property, there’s none of the typical hassle of second-home ownership.

As for what kind of homes we’re talking about? Well, we figured showing is better than telling, so below you’ll find three of our favorite Pacaso properties that you might want to take a gander at (because what can it hurt, really?). Read on and decide for yourself which best befits your getaway aspirations.

InsideHook
Palm Springs, CA

5 Beds | 7 Baths | 5,073 sq. feet

With a waterfall pool, hot tub, private tennis court, putting green and stunning views of the San Jacinto Mountains, this one-acre walled estate in Old Las Palmas is the ideal spot to escape for some fun in the sun with family and friends.

CHECK IT OUT

InsideHook
Malibu, CA

3 Beds | 3 Baths | 1,952 sq. feet

Perched above a gorgeous stretch of sand with nothing between you and the Pacific but salty sea air, this waterfront stunner is located in a highly coveted cove and features a limestone fireplace, French oak floors, private steps straight to the beach below and floor-to-ceiling glass framing vistas that stretch all the way from Palos Verdes to Point Dume.

CHECK IT OUT

InsideHook
Park City, UT

5 Beds | 5 Baths | 6,102 sq. feet

Named Home of the Year by Mountain Living magazine, this stone-and-steel stunner facing Park City Mountain is the perfect setting for a group getaway or a star-studded Sundance soiree (your choice). Vaulted ceilings, large entertaining spaces with crackling fireplaces, a game room with billiard table, and, of course, mountain views that’ll impress even Redford.

CHECK IT OUT

InsideHook
InsideHook
IH_cond_logo.png
FOLLOW US, WON’T YOU?
facebook.png instagram.png twitter.png linkedin.png pinterest.png
NEWSLETTERS
NATION
NYLASFCHIDCTX
THE GOODSTHE JOURNEY
ADVERTISE | PRIVACY | EDITORIAL POLICY | TERMS
MANAGE PREFERENCES
ih-wordmark-black.png
© 2021 InsideHook
All Rights Reserved.

787 7th Ave. Fl. 49, New York, NY 10019

If you believe this has been sent to you in error, please safely opt out.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://sincityfinancier.wordpress.com/2021/07/15/the-affordable-way-to-acquire-a-luxury-resort-style-second-home-for-1-8-the-cost-see-photos-of-3-property-examples-in-park-city-ut-and-palm-springs-or-malibu-beach-ca/

Private Equity

Mural hits more than $2bn valuation thanks to Insight Partners-led investment round

Published

on

Insight Partners has helped visual online collaboration specialist Mural to a valuation of more than $2bn through a new investment round.

The $50m round led by Insight and Tiger Global follows a $188m Series B investment round from August last year.

Mural’s software aims to support enterprise teamwork with guided visual collaboration. Its customers include IBM, Microsoft, Facebook, Booz Allen Hamilton, Publicis Sapient, SAP, and Atlassian.

Insight managing director Jeff Lieberman said, “Last year, Insight Partners saw teams transform how they interact and creatively work together through the adoption of digital-first visual collaboration with Mural.

“Now, as organizations shift to a new hybrid way of working, Mural is uniquely positioned to make it easy for teams to ideate and create together from anywhere.

“Our team has been using Mural for our own workshop and board meetings, too. The meetings we run in Mural are much more engaging and fun.”

MURAL said it plans to use the new capital to further platform development to support hybrid and distributed workforces, including new software integrations with Microsoft Teams, Zoom, Webex and Atlassian.

Earlier this year it emerged that tech-focused Insight Partners was already prepping a $12bn fundraise, less than a year after hauling in $9.5bn for its last flagship fund.

The firm could begin raising Fund XII as soon as next month according to the Wall Street  Journal, which cited unnamed people it said were familiar with the matter.

It added that Insight is also out targeting up to $875m for its first preferred equity fundraise.

Last week Nordic Capital agreed to acquire a majority shareholding in Insight-backed no-code data automation service provider Duco.

Copyright © 2021 AltAssets


PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.altassets.net/private-equity-news/by-news-type/deal-news/mural-hits-more-than-2bn-valuation-thanks-to-insight-partners-led-investment-round.html

Continue Reading

Private Equity

Adams Street brings in ex-Barings managing director Jennifer Brown as consultant relations co-head

Published

on

Asset management major Adams Street Partners has brought in former Barings managing director Jennifer Brown as partner a

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.altassets.net/private-equity-news/by-news-type/people-news/adams-street-brings-in-ex-barings-managing-director-jennifer-brown-as-consultant-relations-co-head.html

Continue Reading

Private Equity

Cinven said to eye new $12bn fundraise, just two years after closing €10bn predecessor

Published

on

European private equity major Cinven is reportedly eyeing more than $12bn for its latest flagship private equity fundraise, just two years after closing its €10bn Fund VII.

London-headquartered Cinven is preparing to gauge interest for the new funds as soon as after this summer according to Bloomberg, which cited unnamed people it said were familiar with the matter.

It added that the firm could begin collecting commitments later this year.

Cinven raced to a €10bn hard cap close for its seventh flagship fund in May 2019, after less than four months in the market.

The oversubscribed vehicle saw a “very high” re-up rate from LPs according to the firm.

Fund VII was double the size of the firm’s fifth fund raised in 2013, and well above the €7bn it gathered for Fund 6 in a similarly rapid raise in 2016.

Recent deals from Cinven include exiting specialty concrete manufacturer Chryso in a trade deal to Saint Gobain after significant expansion in the US market.

Cinven acquired Chryso from LBO France in 2017 as the fourth investment from its sixth fund.

A report from May this year said fellow private equity giant Permira was eyeing more than $15bn for its latest private equity fund – less than two years after closing its €11bn predecessor vehicle.

Last week Hellman & Friedman completed a sensational fundraise by hauling in $24.4bn for one of the biggest private equity buyout funds ever raised.

Copyright © 2021 AltAssets

Get the latest PE News & Research delivered to your inbox every morning

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.altassets.net/private-equity-news/by-pe-sector/buyout/cinven-said-to-eye-new-12bn-fundraise-just-two-years-after-closing-e10bn-predecessor.html

Continue Reading

Private Equity

Carlyle buys into live video streaming platform LiveU to capitalise on growing demand in 5G era

Published

on

Global buyout giant Carlyle has acquired live video streaming platform LiveU from investment firm Franciso Partners to c

Sorry, you need to subscribe to read this article.

If you would like to access this article you must become a Premium Subscriber.

Premium subscribers receive complete access to our daily breaking news, premium stories, weekly Fundraising & IR Review, Knowledge Bank and LP profiles – all which are accessible via our mobile platform.

Subscribe below or contact [email protected]

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.altassets.net/private-equity-news/by-news-type/deal-news/carlyle-buys-into-live-video-streaming-platform-liveu-to-capitalise-on-growing-demand-in-5g-era.html

Continue Reading
Esports3 days ago

How to reduce lag and increase FPS in Pokémon Unite

Esports4 days ago

Coven skins for Ashe, Evelynn, Ahri, Malphite, Warwick, Cassiopeia revealed for League of Legends

Esports4 days ago

Will New World closed beta progress carry over to the game’s full release?

Aviation5 days ago

And Here’s Yet Another Image Of Russia’s New Fighter Concept That Will Be Officially Unveiled Tomorrow

Esports4 days ago

Can you sprint in New World?

Esports3 days ago

How to add friends and party up in New World

Esports3 days ago

How to claim New World Twitch drops

AR/VR3 days ago

Moth+Flame partners with US Air Force to launch Virtual Reality sexual assault prevention and response training

Esports5 days ago

How to complete FUTTIES Alessandrini’s objectives in FIFA 21 Ultimate Team

Esports3 days ago

Twitch streamer gets banned in New World after milking cow

Esports5 days ago

Everything we know about Seer in Apex Legends

Aerospace5 days ago

Boeing crew capsule mounted on Atlas 5 rocket for unpiloted test flight

Esports4 days ago

What Time Does League of Legends Patch 11.15 Go Live?

Esports5 days ago

Evil Geniuses top laner Impact breaks all-time LCS early-game gold record in win over Dignitas

Blockchain4 days ago

Rothschild Investment Purchases Grayscale Bitcoin and Ethereum Trusts Shares

Gaming5 days ago

Pokémon UNITE – 13 Things You Need To Know

Blockchain4 days ago

Uniswap (UNI) and AAVE Technical Analysis: What to Expect?

Esports4 days ago

Konami unveils Yu-Gi-Oh! Master Duel, a digital version of the Yu-Gi-Oh! TCG and OCG formats

Blockchain3 days ago

BNY Mellon Joins State Street Into Crypto Trading, Backs Pure Digital Trading Platform

Esports3 days ago

How to change or join a new world in New World

Trending