Friday, 22 May 2015
Last updated 5 hours 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…