This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Starwood Capital Names Zsolt Kohalmi To Oversee European Acquisition Efforts

GREENWICH, Conn., April 4, 2013 /PRNewswire/ -- Starwood Capital, the global private real estate investment firm, announced today it has hired Zsolt Kohalmi, formerly Chief Investment Officer at Meyer Bergman, to head up its European acquisition efforts.

Zsolt joins Starwood as a partner and Head of European Acquisitions effective Monday, April 8, 2013, and will be tasked with significantly growing Starwood's European private equity portfolio across Europe. Starwood Capital is currently investing from Starwood Global Opportunity Fund IX, which has commitments exceeding $4 billion and has the ability to target all sectors globally.

Given its aim to achieve a higher European presence, in addition to single asset transactions, Starwood intends to increase its focus on corporate and portfolio opportunities, and is targeting a gross internal rate of return of mid-teens and above for its equity transactions.

Starwood has had a busy start to 2013 with the acquisition of special servicer Hatfield Philips -- as part of its acquisition of LNR globally for $1.05 billion -- as well as the acquisition of Principal Hayley hotel group in the United Kingdom for a purchase price of £360 million.

Zsolt will join Peter Denton, a former BNP Paribas executive who joined Starwood last year to oversee the firm's European debt platform, to round out Starwood's senior leadership team in Europe. Zsolt will report to Jeff Dishner, Starwood's Senior Managing Director and head of global acquisitions, who moved to London in 2010 to execute upon the significant expansion of Starwood's two-pronged business focus.

"We are thrilled to add a seasoned M&A executive of Zsolt's caliber to round out our executive team in Europe," Dishner said. "Zsolt's considerable experience and understanding of the European markets, together with his knowledge of nine languages, will be valuable in achieving Starwood's aim to increase the size of its European portfolio." 

During his seven years as CIO at Meyer Bergman, Zsolt was responsible for transaction execution and origination as well as jointly leading the fundraising at the firm. Notable transactions include the Bentalls Centre, Kingston, the Exchange, Ilford, the Burlington Arcade, Piccadilly, and Galeria Katowice, Poland. Over the last three years, Meyer Bergman deployed in excess of €1 billion in transaction value.   

Zsolt has more than 18 years' experience in real estate and corporate finance, having previously worked in senior positions at GE Capital and ABN AMRO. He holds an MBA from INSEAD and a MSEC from the University of Budapest.

About Starwood Capital Group

Starwood Capital Group is a private, U.S.-based investment firm with a core focus on global real estate. Since the group's inception in 1991, the firm has raised more than $16 billion of equity capital, and through its various funds, has invested $13.7 billion representing over $36 billion in assets. Starwood Capital Group currently has more than $22 billion of assets under management. Starwood Capital Group maintains offices in Greenwich, Atlanta, San Francisco, Washington, D.C., Chicago and Los Angeles, and affiliated offices in London, Luxembourg, Paris, Mumbai and Sao Paulo. Starwood Capital Group has invested in nearly every class of real estate on a global basis, including office, retail, residential, senior housing, golf, hotels, resorts and industrial assets. Starwood Capital Group and its affiliates have successfully executed an investment strategy that includes building enterprises around core real estate portfolios in both the private and public markets. Additional information about Starwood Capital can be found at www.starwoodcapital.com.

SOURCE Starwood Capital Group

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,814.94 -2.96 -0.02%
S&P 500 2,067.03 -2.38 -0.12%
NASDAQ 4,758.2520 +3.36 0.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs