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Friedman Real Estate launches SF Capital | Crain's Detroit Business crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.
From Crain's Detroit Business: A joint venture between Chicago-based hotel developer Oxford Capital Group LLC and New York City-based hedge fund Taconic Capital Advisors LP has assumed $77 million in commercial mortgage-backed securities debt owed by Ferchill Group and plans to spend the next two years and $16.5 million renovating the tower. ....
A joint venture has completed the purchase of the historic Westin Book Cadillac hotel downtown after a lender threatened foreclosure on the previous owner.
The JV between Chicago-based hotel developer Oxford Capital Group LLC and New York City-based hedge fund Taconic Capital Advisors LP has… ....