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Recently, Goldman Sachs announced its partnership with Riverstone Holdings. The deal is approximately $ 500 million with a 12% percent share in the investment of energy. The Walls Street Journal stated that the values of the Riverstone transaction total up to over $4 billion. The two companies are geographically located in New York City. However, Riverstone has another office in the United States of America. According to the two organizations, the partnership will unite the founders of Riverstone and Goldman Sachs. This is because they had worked together in the initial stages of their careers. In 2000, David Leuschen had been employed in New York with Pierre Lapeyre. The two have a past working experience in M&A energy firm. They were in charge for initiating stock sales deals.

Read More Goldman Sachs Fosters Community Development through Massive Investment

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Riverstone, founded by David Leuschen and Pierre Lapeyre helped Papa start a company called “Silver Run Acquisition,” and Mark Papa knew exactly what he was going to do with this opportunity. The Permian Basin, a basin in the Western part of Texas, would be exactly where he would focus his attention. This basin has been spoken of quite regularly in terms akin to that of how the United States can liberate itself from the grip of foreign oil; it holds that much promise. Mr. Papa counts himself a little late to this basin party, but he did succeed in finding acquisition options, and he bought Centennial Corp. as one of his initial moves.

Read More Western Texas Gold

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The DMPED office is letting the citizens know where and when the projects are taking places as well as who is working on them, being the lead names DITTO Residentials, Frank Haney, Lincoln Westmoreland Housing, The Menkiti Group, FORTIS, Environmental Desing & Constrution, and Faithful+Gould to mention some.

Read More Local voice on D.C.´s real estate development

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