Private Equity Goes Retail

Other Titles
Abstract
[Excerpt] The past few years have brought record-setting merger and acquisition activity in just about every industry across the board. Private equity firms, known for their pioneering efforts in creating exceptional returns, have been the most active investors in this frenzy. Due to increased competition with hedge funds and institutional investors, private equity shops have been pushed to search high and low in order to meet investor expectations. So while creativity with respect to deal structuring and sourcing has become essential for survival in the private equity business, there has also been a natural progression towards more complicated and risky transactions. The retail sector, an industry segment originally seen as risky territory, has increasingly come under the spotlight during this phenomenon. Ripe with a number of struggling public companies—most of which have significant real estate holdings—it is no surprise that private equity has shown a greater interest in this sector.
Journal / Series
Cornell Real Estate Review
Volume & Issue
Vol. 5
Description
Sponsorship
Date Issued
2007-07-01
Publisher
Keywords
Cornell; real estate; private equity; retail; conglomerate; Real Estate Investment Trusts; Declaration of Trusts; bidders; transactions; National Realty & Development Corporation; Apollo Real Estate Advisors; NRDC Equity Partners; Lord & Taylor; Richard Baker
Location
Effective Date
Expiration Date
Sector
Employer
Union
Union Local
NAICS
Number of Workers
Committee Chair
Committee Co-Chair
Committee Member
Degree Discipline
Degree Name
Degree Level
Related Version
Related DOI
Related To
Related Part
Based on Related Item
Has Other Format(s)
Part of Related Item
Related To
Related Publication(s)
Link(s) to Related Publication(s)
References
Link(s) to Reference(s)
Previously Published As
Government Document
ISBN
ISMN
ISSN
Other Identifiers
Rights
Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
Rights URI
Types
article
Accessibility Feature
Accessibility Hazard
Accessibility Summary
Link(s) to Catalog Record