Colony Capital looking for distress
19 Jul 2010
Colony Capital is likely to add to its US$16-billion hotel portfolio via distressed investments.
By Shawn A. Turner
Finance Editor
Shawn@HotelNewsNow.com
SANTA MONICA, California—Already a multibillion-dollar presence in the hotel industry, Colony Capital has plans to become even bigger.
Hotel investments make up approximately US$16 billion of the firm’s total US$30 billion in assets under management. And with the industry fighting to rebound from the downturn, hotels fit nicely inside Colony’s philosophy of investing in out-of-favor sectors.
http://www.hotelnewsnow.com/Article/3690/Colony-Capital-looking-for-distress
Showing posts with label Shawn A. Turner. Show all posts
Showing posts with label Shawn A. Turner. Show all posts
Tuesday, July 20, 2010
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