Proj. capital structure: $86.9MM ($12MM equity needed by new Sponsor. $17MM sunk costs from previous Sponsor), ($25MM low cost 15 […]
What Does Sam Zell Know That Wall St. Doesn’t?
As part of our ongoing “Cash is a Liability” series (available here), we’ll present a fairly well-known investor and billionaire […]
Slim Family Sees European Crisis as Good Time to Invest
By Crayton Harrison, Bloomberg, Carlos Slim sees Europe’s debt crisis as a “good moment” to apply his strategy of investing […]
Bill Ackman And Sam Zell On Turnarounds, Opportunities And Success
By Roland Li, ibtimes.com, Jonathan Gray of Blackstone, Bill Ackman and David Shulman (Roland Li/IBTimes) On Thursday, Bill Ackman, the […]
The Missing 13th Floor
By Chris Mayer, Daily Reckoning, “About eight years ago, I was going down the elevator of a hotel in Las […]
More Foreigners Snapping Up Foreclosed Property
By Jonathan Beer, 247 wall st site, Foreigners purchased about $41 billion worth of residential property in 2010, accounting or […]
The Real Estate Washout That Wasn’t
By Brian Louis and David M. Levitt, Bloomberg, From Manhattan office towers to Florida apartment buildings to retail properties in […]
Hedge Funds Look to Asia for Distressed Assets
Hedge Funds Eye Japan, China, Australia for Distressed Assets By Netty Ismail and Rishaad Salamat – Oct 19, 2010 Hedge […]
Distressed Acquisition and Mixed Use Residential Rental Development Opportunity, Westchester NY
Projected capital structure: $98MM ($24MM equity ($13.3MM needed for site acquisitions), $74MM debt LTC 76%) 231,000zsf (120 residential units 96k […]