Remove 2018 Remove Leveraging Remove Management Fees
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Lennar (LEN) Q4 2024 Earnings Call Transcript

The Motley Fool

reflecting our lower volume and lower average sales price leverage. Millrose will be externally managed by a subsidiary of Kennedy Lewis Investments and Institutional alternative investment firm with approximately $17 billion in AUM and extensive experience with both Lennar and with the land and land development business for home builders.

Assets 214
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Bank of America (BAC) Q4 2023 Earnings Call Transcript

The Motley Fool

Adjusted full year revenue grew 5% on a back of 9% NII improvement and strong asset management fees and sales and trading results. We achieved 170 basis points of operating leverage in 2023, as heightened quarterly expense levels were driven lower throughout the year, even as the investments in growth continued. billion in Q4.

Banks 130
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Walker & Dunlop (WD) Q4 2023 Earnings Call Transcript

The Motley Fool

Our servicing activities, including recurring servicing fees and related placement fees, generated Q4 revenues of $121 million, up 18% year over year, offsetting the majority of the decline from investment management fees. per share, a 3% increase, and authorized the $75 million share repurchase program.

Debt 100
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Innovative Industrial Properties (IIPR) Q4 2023 Earnings Call Transcript

The Motley Fool

operator, capital raising, and mergers and acquisitions activity in 2023, were at their lowest levels since before 2018, the funding environment continues to be challenged right now. We collected 100% of contractually due base rent and property management fees from our operating portfolio in Q4. Moving on to rent collection.

Taxes 100
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Transcript: Ilana Weinstein

The Big Picture

.” It’s really helpful to have had five other meetings with people who sit at analogous funds that had losses that were just as big, and in fact, they may have contributed to those losses more and be able to tell him, first off, your fund, just by my math, has a $250 million management fee. You mean multi manager.

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Transcript: Mathieu Chabran

The Big Picture

The exposure you get in investment banking, I was a leveraged finance banker by background. You get this exposure, you’re a young analyst, associate, you get to go on the road show with management teams. Just background, Barry, when I moved here five years ago this year in 2018, we had barely no relationships in North America.

Banks 59
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Transcript: Dominique Mielle

The Big Picture

And these were real bankruptcies, led by a supply-demand imbalance, too much leverage and not enough demand for the products. So you retire in 2018. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. MIELLE: Yes.