MILAN – Värde Partners, the $12 billion global alternative investment firm, today closed on its acquisition of 100% of the equity of Gruppo Boscolo, the Italian luxury hotel group. The agreement follows Värde’s acquisition of over 90% of the company’s outstanding debt from its original lenders via 9 separate transactions. The original lending group advanced…
Archive: Announcements
Värde’s Co-founder Marcia Page Named University of Minnesota Carlson School’s Entrepreneur of the Year Award
MINNEAPOLIS – Värde Partners is proud to announce that Marcia Page, co-founder and executive chair of the firm, has been honored with the University of Minnesota’s Entrepreneur of the Year Award for 2017. The award will be presented at the U of M Founder’s Day event on May 9, 2017, held at the Carlson School…
Värde Partners Acquires Stake in Guber, Sees Significant Opportunity in Management of Italy’s Non-Performing Loans
BRESCIA, ITALY – Värde Partners, the $12 billion global alternative investment firm, today announced its acquisition of a 33% share of Guber, the independent Italian servicer with over 25 years of experience managing secured and unsecured credits in the Italian market. Working with the founders of the company, Värde intends to support the continued growth…
Värde Partners and Lamda Development Reach Agreement On Greek Shopping Center Deal
ATHENS – Värde Partners, the $12 billion global alternative investment firm, today reached agreement, through a wholly-owned subsidiary, with Lamda Development for a minority share of the newly established subsidiary company Lamda Malls S.A. The result of this transaction is that both companies are owners of Golden Hall and Mediterranean Cosmos Shopping Centers. Värde’s investment…
Värde Partners Closes $1.74 Billion Fund Above Target
MINNEAPOLIS – Värde Partners, the $12 billion global alternative investment firm, today announced the final close of The Värde Fund XII (“Fund XII”). Fund XII closed with $1.74 billion of committed capital. The firm invests in opportunities across a broad array of geographies, segments and asset types. Värde believes that Fund XII is well positioned…
Värde Partners Completes $208 Million Issuance of Notes Secured by Real Estate Loans and Assets
MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that certain of its subsidiaries completed the issuance of $208.5 million in notes secured primarily by real estate loans and assets. The notes yield 3.60%. “We are very pleased with the execution of this transaction and the…
Värde Partners Closes Commercial Real Estate Loan in Mobile, AL
MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that it has closed on a newly originated $32 million loan for the acquisition of four limited service Hilton-branded hotels in greater Mobile, Alabama. The loan provides short term capital to facilitate a time sensitive acquisition and…
Värde Partners Sells Japanese Real Estate Assets
SINGAPORE – Värde Partners, the $12 billion global alternative investment firm, today announced that Japanese commercial real estate assets comprising one of its investment portfolios were sold for ¥49.7 billion to property developer and fund manager CapitaLand. The portfolio comprises two office buildings in Yokohama – Yokohama Blue Avenue and Sun Hamada; one office building…
Värde-Controlled Dospuntos Acquires Vía Célere for €90 Million
Juan Antonio Gómez Pintado to be chairman and managing director of combined company. The acquisition enables continued growth through operational excellence and the integration of development and construction activities. Värde remains majority shareholder MADRID – Dospuntos and Vía Célere today announced an agreement for Dospuntos, the real estate development company, to acquire Vía Célere, a…
Värde Partners Closes Commercial Real Estate Loan in Phoenix
MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that it has closed on a newly originated $13.4 million loan secured by a 284 room hotel adjacent to MetroCenter Mall located in Phoenix, Arizona. The loan provides short term capital to reposition the hotel as a…