Related, Highbridge Form $800M Real Estate Debt JV

Law360, New York (June 26, 2013, 4:07 PM EDT) -- Developer Related Companies and investment firm Highbridge Principal Strategies LLP are teaming up to invest, in the form of debt financing, $800 million in real estate projects across the country, the companies announced Wednesday.

After forming a new real estate credit investment platform, the companies will offer other developers gap financing for real estate projects in the form of first lien mortgages, mezzanine loans and preferred equity positions, according to a statement.

An investment has already been made in New York City, though the companies declined...
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