1 - (edit) (deal info) 7/31/08 - E-mailed rental analysis.
2 - AIG GLOBAL REAL ESTATE INVESTMENT CORP. (edit) (deal info)
3 - Alterra Capital (edit) (deal info) 7/23/08 - E-mailed rental analysis
4 - Angelo Gordon & Co. (edit) (deal info)
5 - Arbor Realty Trust (edit) (deal info)
6 - ARC Global Partners (edit) (deal info)
7 - ARCHON GROUP, L.P. (edit) (deal info)
8 - Area Property Partners (edit) (deal info)
9 - Argent Ventures (edit) (deal info) 7/23/08 - E-mailed rental analysis.
10 - Ashkenazy & Agus (edit) (deal info) 7/7/08 - Sent Confi
11 - Athena Group, LLC (edit) (deal info) 7/23/08 - E-mailed rental analysis.
12 - Avenue Capital Group (edit) (deal info)
13 - Bank of America Merrill Lynch (edit) (deal info) 5/27/08 - Passed
requires full recourse
14 - BankAtlantic (edit) (deal info)
15 - BankUnited (edit) (deal info)
16 - Barclays Capital (edit) (deal info) 6/11/08 - Passed
No new business getting done, and Florida and condos are particularly unwelcome
17 - BayNorth Capital (edit) (deal info) 8/8/08 - Passed
no condos, only interested in multi-family
18 - Beal Bank / CLG Hedge Fund (edit) (deal info)
19 - Berkadia (edit) (deal info)
20 - Berkshire Realty Ventures (edit) (deal info) 7/23/08 - E-mailed rental analysis.
21 - Bixby Bridge Capital (edit) (deal info) 7/23/08 - E-mailed rental analysis.
22 - Blackstone Group, LP (edit) (deal info)
23 - BRT Realty Trust (edit) (deal info) 7/23/08 - E-mailed rental analysis.
24 - Calyon (edit) (deal info)
25 - Cantor Real Estate (edit) (deal info) 8/7/08 - Bid
Rodney Montag's preliminary offer: upper $20 millions; he wants a meeting with iStar to better understand their preference among 3 alternatives: a) all-cash and walk away with discounted payoff, b) partial cash and stay in, but at a marked down loan amount which gets rewritten as a new loan, c) a variation on b) with a contingent future pay-out (e.g. 20%) after Cantor has earned back its cash with a 20ish percent return.
26 - Capital Trust Group (edit) (deal info)
27 - CAPMARK (edit) (deal info) 7/23/08 - E-mailed rental analysis.
28 - Carlyle Group (edit) (deal info)
29 - Cerberus Real Estate Capital Management, LLC (edit) (deal info)
30 - CIBC World Markets (edit) (deal info) 6/2/08 - Followed Up
Fred Arnholt
404-238-9577
678-642-5700
31 - Citi Property Investors, Citi Alternative Investments (edit) (deal info)
32 - Corcoran Group of the Palm Beaches (edit) (deal info)
33 - Corus Bank (edit) (deal info) 5/20/08 - Passed
need substantial new equity, e.g. $10 mm;
also, deal is at very low end of size range...
34 - Crocker Partners LLC (edit) (deal info) 8/20/08 - Property Tour
likes deal
should make offer
35 - De Shaw & Company (edit) (deal info) 7/23/08 - E-mailed rental analysis.
Print/Vcard/Email Contact Address No result
36 - Deutsche Bank Securities Inc. (edit) (deal info)
37 - Dubois Real Estate Inc (edit) (deal info) 7/23/08 - E-mailed rental analysis.
38 - EDM Realty Partners LP (edit) (deal info) 5/20/08 - Passed
still bearish on Florida
39 - Fifteen Group (edit) (deal info) 8/7/08 - Property Tour
Marc Weisman's offer: if iStar writes the value down to $350 psf and offers new financing at, say, 350 over LIBOR for up to 4 years (possibly 2 plus 2 yrs), he will pay down $6,000,000, and put up sufficient interest reserves to make iStar comfortable; may be willing to include an incentive management fee for the existing ownership after further due diligence
40 - Fifth Third Bank (edit) (deal info)
41 - Forman Capital (edit) (deal info) 7/23/08 - E-mailed rental analysis.
42 - Fortress Investment Group, LLC (edit) (deal info)
43 - Fortune International (edit) (deal info) 7/23/08 - E-mailed rental analysis.
44 - Garrison Investment Group (edit) (deal info)
45 - GCM (edit) (deal info)
46 - GEM Realty Capital, Inc. (edit) (deal info)
47 - Gould Investors LP (edit) (deal info) 7/23/08 - E-mailed rental analysis.
48 - Greenfield Partners (edit) (deal info)
49 - Harrison Street Real Estate Capital (edit) (deal info)
50 - Heitman Real Estate Investment Management (edit) (deal info)
51 - Hudson Realty Capital LLC (edit) (deal info)
52 - Hypo Real Estate Capital Corporation (edit) (deal info)
53 - JCR Capital (edit) (deal info)
54 - JER Partners (edit) (deal info)
55 - JP Morgan Chase (edit) (deal info)
56 - KBH Global Partners, LLC (edit) (deal info) 7/23/08 - E-mailed rental analysis.
57 - KeyBank Real Estate Capital (edit) (deal info)
58 - LandCap Partners (edit) (deal info)
59 - Legacy Real Estate Development LLC (edit) (deal info) 6/25/08 - Sent Confi
60 - Lubert-Adler Partners, L.P. (edit) (deal info) 8/5/08 - Passed
61 - LYSIS Real Estate Development & Investments (edit) (deal info) 7/23/08 - E-mailed rental analysis.
62 - Madison Dearborn Partners, LLC (edit) (deal info)
63 - Madison Realty Capital (edit) (deal info) 7/23/08 - E-mailed rental analysis.
64 - Malkin Properties, L.L.C. (edit) (deal info)
65 - McKinley (edit) (deal info)
66 - Mellon United National Bank (edit) (deal info) 5/23/08 - Send Brochure
67 - MetLife Real Estate Investments (edit) (deal info)
68 - Morgan Stanley (edit) (deal info) 5/19/08 - Passed
out of market
69 - Mountain Funding, LLC (edit) (deal info) 7/23/08 - E-mailed rental analysis.
70 - Northmarq Capital (edit) (deal info) 5/27/08 - Send Brochure
71 - Northwestern Mutual Life Insurance (edit) (deal info)
72 - O Connor Capital Partners (edit) (deal info) 8/12/08 - Mailed Brochure on 08/08/2008
73 - OConnor Capital Partners (edit) (deal info) 8/5/08 - Sent Confi
74 - Parthenon Realty, LLC (edit) (deal info)
75 - Prudential Real Estate Investors, Inc. (edit) (deal info)
76 - Rabina Properties (edit) (deal info)
77 - Ramius Capital (edit) (deal info) 6/12/08 - Sent Confi
78 - Regions Bank (edit) (deal info) 5/27/08 - Passed
full recourse needed on all deals
max 30% LTV on condo recaps
79 - Related Companies, L.P. (edit) (deal info) 6/11/08 - Sent Confi
Jeff Blau says Related has new fund (Matt Allen contact?) to get involved in Florida distress deals
80 - Rockwood (edit) (deal info) 7/23/08 - E-mailed rental analysis.
81 - Rockwood Capital Corporation (edit) (deal info) 10/8/08 - Left Message
82 - Somera Capital Management, LLC (edit) (deal info)
83 - Sorin Capital Management (edit) (deal info) 7/23/08 - E-mailed rental analysis.
84 - Starwood Capital Group, LP (edit) (deal info) 8/5/08 - Passed
Decided that the configurations were too awkward
85 - Stockbridge Real Estate Funds (edit) (deal info) 7/23/08 - E-mailed rental analysis.
86 - StoneBridge Securities (edit) (deal info) 7/29/08 - E-mailed rental analysis.
87 - StratREAL Asset Management (USA) Inc (edit) (deal info) 7/23/08 - E-mailed rental analysis.
88 - SunCal Companies (edit) (deal info) 6/2/08 - Send Brochure to Chad Burkhardt
89 - TAIB Securities, Inc. (edit) (deal info) 7/23/08 - E-mailed rental analysis.
90 - The ESG Companies (edit) (deal info) 7/23/08 - E-mailed rental analysis.
91 - The Related Group (edit) (deal info) 7/23/08 - E-mailed rental analysis.
92 - TIAA - CREF (edit) (deal info)
93 - TriLyn LLC (edit) (deal info)
94 - W Financial Fund LP (edit) (deal info) 5/27/08 - Passed
on Florida condo deals, prefer to keep to $20mm or less
95 - Walton Street Capital, LLC (edit) (deal info)
96 - WestLB AG (edit) (deal info) 5/23/08 - Send Brochure
will discuss with Caixanova
97 - Wrightwood Capital (edit) (deal info)