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Top related persons:
Jon Mechanic - 2 Fried Frank - 2 — - 1 Barry Sternlicht - 1 SREIT - 1 Sternlicht - 1 Matt Malone - 1 REITs - 1
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New York Miami Vegas SREIT CBRE's Tri New York City CBRE Stuyvesant
Top related orgs:
Business - 2 Service - 1 Starwood Capital - 1 Starwood - 1 Income Trust - 1 Federal Reserve - 1 Shareholders - 1 Westin - 1

Search resuls for: "Fried Frank"


4 mentions found


☆ Billionaire investor Barry Sternlicht, master of the downturn, is now embroiled in one
  + stars: | 2024-05-24 | by ( Daniel Geiger | ) www.businessinsider.com   time to read: +6 min
Read previewBarry Sternlicht became a real estate billionaire by snapping up commercial properties on the cheap during market downturns. The 63-year-old Miami-based executive, who built his firm Starwood Capital into a more than $100 billion real estate investment behemoth, has now found himself on the flipside of that formula. The situation is a reversal of fortune for Sternlicht, who is more used to capitalizing on real estate dips than becoming entangled in them. But investor sentiment darkened as interest rates rose and put pressure on real estate asset values. "They're concerned that there may be more markdowns in net asset value if interest rates stay higher for longer.
Persons: —, Barry Sternlicht, SREIT, Sternlicht, Matt Malone, REITs, Malone, Kevin Gannon, Gannon, Jon Mechanic, Fried Frank, Mechanic, Barry Organizations: Service, Starwood Capital, Starwood, Income Trust, Business, Federal Reserve, Shareholders, Westin, Caesars, Opto Investments Locations: Miami, Vegas, SREIT
☆ Queen of the skyscrapers Darcy Stacom to leave property giant CBRE
  + stars: | 2024-02-06 | by ( Daniel Geiger | ) www.businessinsider.com   time to read: +5 min
"After more than 20 years at CBRE Darcy Stacom has decided to leave the company at the end of March to launch her own commercial real estate firm, and we wish her well with her new endeavor," the email read. The end of Stacom's tenure reflects sweeping challenges and generational shifts in commercial real estate. And in 2018, Stacom represented Google in its $2.4 billion acquisition of a new office property overlooking the Hudson River. "She's had an unbelievable career," said Jon Mechanic, chairman of the law firm Fried Frank's real estate practice, who has worked with Stacom on countless deals. The person did not want to be identified because they had not been authorized by CBRE to speak about Stacom's exit.
Persons: Darcy Stacom, Matthew Van Buren, Chris Ludeman, CBRE Darcy Stacom, Stacom, Paul Massey, Stacom's, Peter Cooper, Zhang Xin, She's, Jon Mechanic, Fried, Adam Spies, Doug Harmon, Newmark, CBRE, Doug Middleton Organizations: Skyscrapers, New, State, Business, CBRE, Real, Advisors, Stuyvesant Town, General, Google, New York Locations: New York, CBRE's Tri, New York City, CBRE, Stuyvesant, Hudson
☆ Harvey Pitt, S.E.C. Chair Who Resigned Amid Scandals, Dies at 78
  + stars: | 2023-06-02 | by ( Rob Copeland | ) www.nytimes.com   time to read: +1 min
Harvey Pitt, a legal wunderkind who lasted just 18 months as chairman of the Securities and Exchange Commission under President George W. Bush, died on Tuesday in Washington. His death, in a hospital, came after a sudden illness, according to his family, which did not specify the ailment. Mr. Pitt’s career had three consecutive legs, any one of which alone might have been the pinnacle on a lesser résumé. He began his career at the S.E.C. After only three years, he left to represent corporate clients for the powerful law firm Fried Frank.
Persons: Harvey Pitt, George W, Bush, Pitt’s, Fried Frank, Sen, Charles Schumer, Pitt Organizations: Securities and Exchange Commission Locations: Washington, firm’s Washington, New York, U.S
☆ I'm a law student who managed to snag 2 job offers from prestigious firms before on-campus recruiting even began. Here's how I did it.
  + stars: | 2022-09-12 | by ( Jack Newsham | ) www.businessinsider.com   time to read: +9 min
A former pro athlete and first-gen law student, he started networking before school started. David Ako Abunaw III is a former professional athlete and a student at the University of Pennsylvania's law school. But I feel like it's common for law students to be very type A, so that's never going to be me. Networking with law firms was key to getting early interviews and offersI started networking before law school. I spoke with people at several law firms, either UPenn graduates or people I had something else in common with.
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