Page 40 - ஹில்டன் உலகளவில் ஹோல்டிங்ஸ் இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

December 15, 2020 Baseball legend Alex Rodriguez is teaming with a Miami private-equity firm to invest more than a half-billion dollars in buying or developing hotels at a time when the industry has been ravaged by the pandemic. The former New York Yankee known as A-Rod said he is joining CGI Merchant Group in its new hotel investment fund, which the firm launched this month. The venture aims to raise $650 million to acquire and develop properties in partnership with Hilton Worldwide Holdings Inc. brands. Maverick Commercial Properties, a New York real-estate investment company, will also be part of the venture. Mr. Rodriguez has been a real-estate investor for many years, going back to his playing days. He founded his own real-estate investment company in 2003, the year before he played his first game for the Bronx Bombers. His Monument Capital Management has made more than $800 million worth of property acquisitions in more than a dozen states, according to its website

United statesNew yorkKonrad putzierRaoul thomasAlex rodriguezMerchant groupGabriel hotel in miamiDow jones company incHilton worldwide holdings incNew york yankeeHilton worldwide holdingsCapital partnersHis monument capital managementAll starSeries championNorth america