Sunday, 1 March 2015
Last updated 2 days ago
Aug 18 2010 | 2:41pm ET
Despite a recent record in the space that can be charitably described as spotty, Highland Capital Management isn’t giving up on real estate debt.
The Dallas-based hedge fund has seen five developments in which it was involved in its home state file for bankruptcy or liquidation since September, the Dallas Business Journal reports. Those failures may have cost the firm up to US$22 million.
But Highland says it still sees strong opportunities in real-estate investments.
“Our track record has encouraged us to actively pursue a broad range of opportunistic real-estate debt opportunities across the U.S.,” Scott Wilson, Highland’s managing director for business development, told the DBJ.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…