The group, led by Ron Tutor, includes Colony Capital and philanthropist Jerome Schwartz.
Well-heeled funds are being backed by the likes of Colony Capital, GI Partners and several huge hedge funds.
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Court documents show that Reijtenbagh bought into Morgan Stanley 's real estate opportunity funds as well as Colony Capital.
Major Wall Street firms, including Blackstone and Colony Capital, have accounted for as much as 30% of sales activity in Miami, Fla.
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Plagued by cost overruns, it was taken over in 2006 by Colony Capital, which planned even more amusements, including the world's largest Ferris wheel.
Colony Capital, an American investment fund which specialises in property, and Bernard Arnault, chairman of LVMH, a French luxury goods firm, banded together last year to invest in Carrefour, the world's second-largest retailer.
With investors across the spectrum searching for high-yielding investments, mortgage REITs like Starwood as well as private-equity funds raised by companies including Colony Capital LLC and Mesa West Capital LLC have been particularly attracted to loans on riskier properties that the banks have eschewed.
Carrefour did so after French billionaire Bernard Arnault teamed up with Colony Capital, an American real estate fund, to buy 10% of the hypermarket concern earlier in the year. (See: "Carrefour Drops As Arnault Takes Stake") After the purchase, the new shareholders reportedly put pressure on management to carve off the property assets.
The College of William and Mary was chartered by England's monarchs here in 1693, and the colony seated its capital in Williamsburg from 1699 to 1780.
France intervened in Mali, its former colony, last week after militants started advancing toward the capital, forcing world leaders to fast-track decisions on resolving the crisis.
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