{"id":64068,"date":"2018-06-08T01:57:42","date_gmt":"2018-06-08T05:57:42","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=64068"},"modified":"2018-06-08T01:57:42","modified_gmt":"2018-06-08T05:57:42","slug":"ackman-to-put-gains-from-luxury-apartments-into-pershing-buyback","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2018\/ackman-to-put-gains-from-luxury-apartments-into-pershing-buyback.html","title":{"rendered":"Ackman to Put Gains From Luxury Apartments Into Pershing Buyback"},"content":{"rendered":"<p>(Bloomberg) While Bill Ackman has suffered losses as a Wall Street stock picker, he\u2019s thrived as a Philadelphia landlord. The hedge fund manager personally holds a majority stake in Rittenhouse Hill, a luxury apartment complex that\u2019s one of the largest in Philadelphia, according to a May regulatory filing that first disclosed his ownership. The property, with about 625 units, has jumped in appraised value since he teamed up with the Pestronk brothers to buy it in 2011.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-06-06\/ackman-to-plow-luxury-apartment-gains-into-hedge-fund-buyback\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) While Bill Ackman has suffered losses as a Wall Street stock picker, he\u2019s thrived as a Philadelphia landlord. The hedge fund manager personally holds a majority stake in Rittenhouse Hill, a luxury apartment complex that\u2019s one of the largest [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64068","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=64068"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64068\/revisions"}],"predecessor-version":[{"id":64069,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64068\/revisions\/64069"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=64068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=64068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=64068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}