Palm Beach Hedgees Slam Democrats Tax Plan

Palm Beach Hedgees Slam Democrats Tax Plan

 
 
 
 
 
By

Amanda L Gordon

February 4, 2019, 12:08 PM EST   From BLOOMBERG

The party at the Norton Museum of Art Saturday night had all the trappings of the Palm Beach high season – those Stubbs & Wootton slippers, some fabulous gowns, and, with President Trump ensconced at Mar-a-Lago, a healthy disregard for the tax plans being floated by a wide field of potential Democrat candidates in 2020.

Ken Griffin and Wilbur Ross

Photographer: Amanda Gordon/Bloomberg

“They’re going to eat themselves alive,” Commerce Secretary Wilbur Ross said.

“Those plans are so antithetical for what’s good for growth in our country, they’ll go nowhere,” Citadel founder Ken Griffin said. Improving public K-12 education […] Read more

Welcome the Van Hoek/Tremblay Team of UBS Private Wealth Management !!

Welcome the Van Hoek/Tremblay Team of UBS Private Wealth Management !!

We are proud to announce a strategic partnership with the Van Hoek/Tremblay Team of UBS Private Wealth Management.

PR.com  
January 26, 2019 

West Palm Beach, FL, January 26, 2019 –(PR.com)– The Palm Beach Hedge Fund Association (PBHFA) is thrilled to announce new members and sponsors, Cornelis Johannes “CJ” Van Hoek and Nathalie Tremblay from the Van Hoek/Tremblay team of UBS Private Wealth Management in West Palm Beach.

The Van Hoek/Tremblay team has a unique focus on providing wealth management and tailormade lending solutions to highly-sophisticated hedge fund managers.

“Our team provides bespoke solutions for the complex issues that can arise for Hedge Fund and Private […] Read more

South Florida Mansion Sales Surge !

South Florida Mansion Sales Surge !

 

As a testament to our wonderful region, this fantastic article by  Prashant Gopal and Jonathan Levin from Bloomberg, documents how wealth is continuing to move into Palm Beach County and South Florida.  As a sideline,   Dave Goodboy, PBHFA’s founder is mentioned.

 

For the past year, Florida real estate agents have been actively courting wealthy Northeasterners who took a hit from the Trump administration’s tax overhaul. Now signs are emerging that some of those disgruntled taxpayers are indeed jumping at the chance to cut their tax bill by moving to Florida.

Luxury sales are slowing across the country, from New York to California, but they’re rising in […] Read more

Convergence Investment Partners Relocates To Palm Beach !!

Convergence Investment Partners Relocates To Palm Beach !!

The Business Development Board  (BDB) is pleased to announce Convergence Investment Partners is relocating from Grafton, Wisconsin to the city of Palm Beach Gardens.  The company has leased 2,400 square feet of space at 3801 PGA Boulevard for their new headquarters, where they plan to employ 10 professionals.  The BDB has been facilitating this relocation since 2016.  Christopher Smith and Jason Sundook of NAI Merin Hunter Codman, represented Convergence while Tara England and Mark Pateman of Cushman & Wakefield represented the owners of 3801 PGA Blvd.

“As an investment manager, there were several key attributes which led us to choosing Palm Beach County […] Read more

Palm Beach’s HIghest Property Taxes

Palm Beach’s HIghest Property Taxes

33480 has  51 residential properties paying over $500,000 annually in property taxes.  This article from The Real Deal outlines who pays what and where.

 

Who pays the most property taxes in Palm Beach?

Citadel founder Ken Griffin is No. 1. His nearly $250 million assemblage in the South Ocean Boulevard corridor generated $3.66 million in property taxes this year.

That’s according to an analysis of new tax rolls in Palm Beach by the Palm Beach Daily News. Griffin’s estate includes 1290 South Ocean Boulevard (also known as 1265 South Ocean Boulevard), 70 Blossom Way, and 1285 South Ocean Boulevad

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A record number of 51 Palm […] Read more

Extraordinary Evening Aboard Eternity (SLIDESHOW)

Extraordinary Evening Aboard Eternity (SLIDESHOW)

What an extraordinary evening onboard M/Y Eternity!  Our November social was better than we ever expected as PBHFA members and guests mingled in the ultimate luxury aboard a superyacht.   Members were treated to an array of luxurious food, drink and ambiance as deals and the economy were discussed.  Venture capitalists interfaced with cutting-edge opportunities as hedge fund and money managers chatted with a variety of UHNW investors and market professionals.

I am aware of several pending deals, multiple friendships forged, and many peers reunited during the evening.   Heartfelt thanks go out to our generous luxury sponsors for the evening   Burgess Yachts, Codecasa, […] Read more

The PBHFA Forms A Strategic Partnership With Brightline !

The PBHFA Forms A Strategic Partnership With Brightline !

We are thrilled to announce a strategic partnership with Brightline.   Owned by Fortress Investment Group, not only does Brightline eliminate the hassles of commuting between West Palm Beach, Ft. Lauderdale, and Miami, but it is a great way to network.  Every time I have traveled via Brightline, I have met very interesting and influential people on board.  It’s more like private jet travel, in this regard than a commuter train!  I highly recommend the service to everyone.  DSG

The Palm Beach Hedge Fund Association Partners with Brightline
The Palm Beach Hedge Fund Association (PBHFA) is thrilled to announce a strategic partnership with […] Read more

Bridge Investment Group Moves On Opportunity Zones

Bridge Investment Group Moves On Opportunity Zones

FROM: The Real Deal

By Keith Larsen | October 18, 2018 

 

 

A $12 billion real estate investment and management firm is the latest player looking to capitalize on the Opportunity Zones tax incentive development program.

Salt Lake City-based Bridge Investment Group will launch what it’s calling an Opportunity Zones initiative, targeting $500 million in “attractive opportunities” across the U.S.

The Opportunity Zones plan, part of President Trump’s tax overhaul, gives tax incentives to developers and investors for building in low-income areas. There are over 8,700 designated Opportunity Zones across nationwide.

Firms have already set their sights on the possible investment opportunities, and are looking to pour big money into these […] Read more