The hotelier 2006-11-01 Staff Writer In early 1991, 31-year-old Barry Sternlicht was out of a job. Seven years later, he was the chief executive officer of the largest hotel company in the world. Along the way, Sternlicht not only completed one of the most dramatic comebacks in the history of the asset class
1 min read · 23 January 2013
The philanthropist 2006-11-01 Staff Writer There is no shortage of interesting stories in the world of real estate—Joe E. Robert Jr. is proof of that. Robert got his start in the business when the builder he was working for went bankrupt in the middle of several projects. Seizing upon the opportunity, Robert
2 min read · 23 January 2013
The frequent flier 2006-11-01 Staff Writer James Quille has always been a man on the move—and for good reason. The firm he currently heads, Macquarie Global Property Advisors, is one of the most active foreign players in Asia, a region that Quille himself has been investing in since the early 1990s.<br
1 min read · 23 January 2013
The young gun 2006-11-01 Staff Writer Chad Pike , still in his thirties, is running Blackstone's real estate operations in Europe, making him one of the youngest stars in the asset class. Though he is often compared to two other young guns—his counterpart in the US, Jon Gray, and the co-head of Morgan Stanl
1 min read · 23 January 2013
The market maker 2006-11-01 Staff Writer Globalization has to start somewhere. In the case of European private equity real estate, it arguably began when US investment banks moved their principal real estate investment arms across the Atlantic—in other words, it began with Roger Orf .<br /> <br /&
1 min read · 23 January 2013
The godfather 2006-11-01 Staff Writer For many years, the name Dan Neidich was synonymous with the private equity real estate industry. As the founder and head of Goldman's Whitehall Street Real Estate Funds, Neidich oversaw the growth of one of the largest and most influential real estate franchises in the
1 min read · 23 January 2013
The sheikh 2006-11-01 Staff Writer Sheikh Mohammed bin Rashid Al Maktoum and the stateowned investment companies he controls are not only developing the whole of Dubai, they are funneling oil money into projects all over the world and, in the process, transforming the competitive landscape of the global priv
1 min read · 23 January 2013
The fugitive 2006-11-01 Staff Writer By all accounts, Steven Lee, an ambitious 30-something, Korean-American Harvard MBA, was a rising star at Texas-based Lone Star Funds. However, few falls in the industry's short history have been as dramatic—or as damagingly influential. Today, Lee is facing charges for t
2 min read · 23 January 2013
The hedger 2006-11-01 Staff Writer As the head of Blackacre Capital, the property investment arm of Cerberus Capital Management, Ronald Kravit has helped define the trend of hedge funds entering the world of private equity real estate. In the process, he and his team have been involved in some of the industr
1 min read · 23 January 2013
The local 2006-11-01 Staff Writer Osamu Kaneko founded Tokyo-based KK daVinci Advisors in 1998, a move that helped spur opportunistic and value-added real estate investment strategies in Japan. By buying run-down properties from cash-strapped landlords, Kaneko was able to earn in excess of 40 percent returns
1 min read · 23 January 2013