Fortress Investment Group’s Brightline railway may have a lot more possibility than anyone realizes. The only private-owned commuter railway in the United States, Brightline is the newest venture to come from Fortress Investment Group. The alternative asset company founded in 1998, is well known for its successful ventures. It is prolific in the companies it builds and the possibilities it creates. Founded by Wes Edens, Rob Kauffman, and Randal Nardone the company manages various funds totaling around $70 billion. Brightline is newly launched railway connecting Miami and Fort Lauderdale, and so far it looks to be a very profitable venture, and not just for Fortress. The railway also benefits the community around it and the support it has received so far shows that the community if fully aware.
The railway not only allows daily commuters between the two cities an easier, less stressful passage, but it also means an increase of real estate firm for the areas in between. The cities served by Brightline stations are expected to experience real estate increases as commuting becomes more popular. This means a better healthier economy, as well as better and healthier commuters. Research shows that excessive commuting increases stress and steals time away from friends and family.
Wes Edens, the co-founder and co-CEO of Fortress Investment Group, also has plans to expand Brightline services to Dallas and Houston, Atlanta and Charlotte, and Chicago and St. Louis. The possibilities for Brightline are endless and bode will for the economy in general. It is another successful business venture for Fortress Investment Group. Brightline also offers complimentary Wi-Fi, food service, USB ports, comfortable leather seats, and wide aisles. Presently Edens is looking to extend the Miami line to cover West Palm Beach to Orlando. The trek is a much longer commute but Brightline would reduce travel to less than two hours.
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