Florida is a state known for its beautiful beaches, bright sunshine and booming economic cities. But Florida has a problem with congested highways. The Sunshine is a very populous state and a major tourist destination. This does great for the economy but not so much for commuters. The government finally found a solution to their overcrowded highways when Brightline, a transportation company, began to create train routes to cut down on crowded highways. Even better, Fortress Investment Group found a way to monetize the Florida congested highway issue when they purchased Brightline.
Brightline is able to offer its riders all the opportunities needed for transportation over Florida. The services this company provides include transportation to Fort Lauderdale, Miami and West Palm Beach. The company plans to create transportation routes to Orlando. The company is known for creating an experience that prides itself on travel and hospitality to its train riders. Because of these great attributes Fortress Investment Group sprang on the opportunity to acquire this company. The asset and investment management firm has a grand portfolio of investing in transportation, real estate and hospitality companies.
Fortress Investment Group is financially backing the development of more transit routes in the state of Florida. The state has a growing issue with congested highways during peak times of the day. This causes for long commute hours. Additionally, since Florida is a prominent pick for travelers, this investment allows for tourists to have better transportation options. Ultimately, this leads to the state receiving more tourist’s dollars. There has been so much success from this acquisition that Fortress Investment Group is looking to expand Brightline. There are many markets that deal with overcrowded highways on a daily basis. A service like Brightline would offer these cities an option to dealing with their overcrowded highways.
Fortress Investment Group has been in business since 1998. The company has worked to become a premier asset manager for high profile clients. Their list of private investors have their capital in many ventures including commercial, real estate, credit and stocks. For the past twenty years, this investment firm has created strategies to push their private investors to the next level in their investing. Currently, the New York City based company is responsible for over forty billion dollars. This huge amount stems from their global base of clients that number over one thousand.