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Kenneth W. Fambro II, a real estate executive who serves on Gateway’s board of elders, ... delivers a sermon at the church in Fort Worth, Texas, in 2018. (Ilana Panich-Linsman for The New York ...
In the first half of 2014, the company started to raise funds for a real-estate specific fund. It had a goal of $1.5 billion to $2 billion. By October 2015, the company had exceeded its goal, raising more than $2 billion. [44] In 2016, TPG partnered with Bono and Jeff Skoll to launch The Rise Fund, a social impact investment fund. [45]
The company continued to grow in 1999, entering Dallas/Fort Worth, Harrisburg and Milwaukee markets. With these new holdings, NRT reached its 100th acquisition mark. [3] In 2000, NRT set a "real estate industry record, surpassing $100 billion in closed sales volume" and acquired Fred Sands Realtors, a $5 billion company based in Los Angeles. [3]
In the early 2000s, Transwestern Real Estate Services expanded into 30 markets. [8] In January 2001, the company brokered a $113 million, 15-year lease for Oblon in Arlington, Virginia. [9] In January 2011, Transwestern acquired Fort Worth [10]-based NAI Huff Partners.
Afterwards, Rechler formed RXR Realty and became CEO and Chairman of the organization. [16] [12] [17] By 2017, RXR managed over 22 million square feet of commercial real estate and held more than $15.7 billion in assets under management. [18] As of March 31, 2023, RXR has an estimated $20 billion in gross asset value. [19]
Activists speak out against pastor accused of molesting 12 year old in the 1980s, demand accountability from Gateway Church leaders More abuse claims surface at Gateway Church protest. They don ...