How to Invest in the U.S. | Turk of America

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Turkish Auto Supplier Is Establishing Its First U.S. Headquarters in Georgia

A manufacturer of automotive fluid circulation systems will establish its North American headquarters and a new manufacturing facility in Northwest Georgia, state officials announced. Teklas expects to invest $6.5 million in a vacant textile factory in Calhoun, Georgia, and create 120 new jobs. The Turkish company supplies components for heating and cooling systems — including metal, plastic, and rubber hoses and pipes — to automakers worldwide. The debut U.S. facility will join existing operations in Europe, China, and Mexico.

December 4, 2020
Published in How to Invest in the U.S.
Written by Admin TOA

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From left: Richard Baker, Adam Neumann and Lord & Taylor Fifth Avenue

WeWork buys Lord & Taylor flagship for $850M for new world headquarters

Facing mounting pressure to shed its real estate assets, Hudson’s Bay Company is selling Lord & Taylor’s flagship store to WeWork and its partner for $850 million. WeWork Property Advisors — a joint venture with Rhône Capital, who is making a $500 million equity investment in HBC as part of the deal — is purchasing the 676,000-square-foot landmark building for WeWork’s new global headquarters, the New York Times reported. The Real Deal first reported that WeWork and Rhone were raising several hundred million dollars for a real estate investment fund.

October 26, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

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Rendering of Hudson Yards and Greystone’s Allison Berman

Nearly $17B in EB-5 Funds Are Ready for Redeployment

A 10-year backlog in EB-5 applications has a silver lining: $16.6 billion that investors can reinvest in real estate or other businesses if they still want a green card. The origin of the money is a unique problem with the EB-5 program, in which investors can invest $500,000 in a U.S. business in exchange for a green card. But the program requires investors’ money to be “at risk” pending the outcome of the application. Since the U.S. only hands out 10,000 EB-5 visas a year, a years-long backlog means some developers want to return investors’ money before they obtain the green card.

October 26, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

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The Top 10 biggest Real Estate Projects Coming to NYC

The largest new building proposed in July will be part of a 1.65 million-square-foot megadevelopment on the Lower East Side. The city’s department of Housing Preservation and Development filed plans last month for 202 Broome Street, a mixed-use building that will span 258,413 square feet, according to a permit application filed with the city’s Department of Buildings. L+M Development Partners, Taconic Investment Partners and BFC Partners are developing the 15-story project, along with the rest of the $1.5 billion Essex Crossing development, which spans 10 different sites.

August 21, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

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10 biggest Real Estate Projects,

How Muc Do You Need to Afford A House in Your Area?

How much salary do you need to earn in order to afford the principal, interest, tax and insurance payments on a median-priced home in your metro area?

July 29, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

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Jeff Bezos Was The Richest Man in The World Today (for a few hours)

All those late night Amazon prime purchases you made after too many glasses of wine have paid off big time for somebody! Namely, Jeff Bezos, who this morning surpassed Bill Gates to be the richest person in the world according to Forbes’ Billionaire List.

July 27, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

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JFK Airport Officials Solicit Master-plan Proposals for $10B Overhaul

New York Gov. Andrew Cuomo announced Tuesday that the Port Authority of New York and New Jersey has started requesting proposals from potential master planners for a $10 billion renovation at John F. Kennedy Airport, in Queens, NY, according to Reuters.

July 21, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

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Turkey to Open 50 Trade Centers Worldwide

The Turkish Exporters Assembly (TİM) aims to open approximately 50 trade centers around the world in the near future, said Bahadır Öztanyel, the TİM Promotion Organization Domestic and Foreign Trade Inc. CEO. Öztanyel spoke to Anadolu Agency (AA) about the commencement of the Ready-Made Clothing Sector Trade Center, which opened in New York with support from the Economy Ministry and in the coordination with TİM.

July 20, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

How Aydin Senkut Helped 11 Different Companies Grow to $1 Billion Each

Over the past 10 years, Aydin and the Felicis Ventures team have helped 11 companies grow to over $1 billion each. They also assisted 36 portfolio companies surpass the $100 million mark. Out of their 180 investments, 60 have turned into notable exits. That would be considered quite a great track record. I wanted to discover what made Aydin Senkut so successful at venture capital, so I sat down with him to get his thoughts on investing, working with entrepreneurs, and the journey he’s taken to grow Felicis Ventures to its latest fund size of $200 million. Aydin is fond of saying that “the only constant is change.” When you’re a venture capitalist constantly searching for the next great company, that’s an understatement if there ever was one. Here is what he and his team focuses on to find, back, and support the best founders.

July 17, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

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Hamdi Ulukaya Launches $5 Million Hamdi Ulukaya Initiative For Turkish Entrepreneurs

Billionaire Hamdi Ulukaya and his yogurt company Chobani are giving something back in the spirit of entrepreneurship that allowed him to strike it rich in the yogurt game. He's doing it by launching the Hamdi Ulukaya Initiative, which will provide training for young entrepreneurs in Turkey who are looking to get a leg up in their business exploits.

July 17, 2017
Published in How to Invest in the U.S.
Written by Admin TOA

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Zee Alwan & Zee Aflam Targeting the Arab Audiences in the USA

On January 19th, 2017 ZEE TV Americas held a press conference/community event in New Jersey for the launch of 2 New Networks - ZEE ALWAN & ZEE AFLAM targeting the Arab audiences in the USA. ZEE ALWAN is An Indian Drama & Entertainment Channel and ZEE AFLAM is A Bollywood Channel packaged in Arabic for the Arab community. Currently there are over 500,000 Arab households in the United States representing a 91% increase since 1990 and the top cities with highest Arab-American population are New Jersey/New York, Detroit and Los Angeles. Also, Dish & Sling have the biggest base of Arabic subscribers and the biggest library of Arabic programming in the United States.