By Ray Smith – Staff Reporter of The Wall Street Journal Oct 10, 2001 Until recently, owners of so-called telecom hotels-buildings that house the high technology equipment that was supposed to power highflying telecommunications concerns – couldn’t give space away after the tech bubble burst and companies no longer needed facilities. Now telecom hotels areRead More »
Commercial Mortgage Alert August 13, 2001 Deutsche Bank is moving to step up its presence in the rapidly growing market for mezzanine loans. Deutsche is setting up a second mezzanine-loan fund, which will be capitalized with $350 million of equity. It would be the second largest venture of its kind in the U.S. – andRead More »
Orlando FL Sentinel Much of South Florida’s high-tech lineage can be traced to those heady days for IBM in Boca Raton by Christine Winter August 12th 2001 Twenty years ago, Boca Raton was the PC capital of the world, a title that faded when International Business Machines Corp. lost its hold on the market andRead More »
Focus is on practical strategies for weathering the downturn By Rich Miller CarrierHotels News Staff July 26, 2001 (SAN FRANCISCO) — There were no rose-colored glasses in sight as carrier hotel and Internet data center operators gathered here today for IMN’s summer conference. In numerous panels, the focus was on managing through adversity, rather thanRead More »
Florida Real Estate Journal July 13, 2001 New York – T-Rex Capital announced that it has completed its separation from Terremark Worldwide Inc., and has launched a $250 million real estate fund and related investment management company. Thomas M. Mulroy, T-Rex chief executive officer, said his company is raising up to $250 million specifically toRead More »
Ft. Lauderdale, FL Darcie Lunsford – Broward Daily Business Review July 11, 2001 Telecom builder T-Rex Developers isn’t conceding defeat in its mission to transform the IBM campus in Boca Raton into a telecommunications hub, but the partnership is gearing up to spend $833 million in other sectors. “It is not necessarily that we areRead More »
Commercial Mortgage Programs July 5th, 2001 T-Rex Capital, a new New York based mezzanine investor, has launched a $250 million real estate fund and related investment management company. It will invest in large mezzanine and equity transactions with total transaction sizes of $50 million to $100 million in major markets, says Thomas M. Mulroy, chiefRead More »
Reprinted from: Wall Street Journal – New York By Ray A. Smith June 20, 2001 Over the past few years, real-estate developers rushed to put up or renovate building to house the high-tech equipment that would power the exploding telecommunications industry. These so-called telecom hotels-windowless buildings with reinforced floors, super electrical feeds and wiring toRead More »
Ray A. Smith Dow Jones News Service, New York, NY June 19, 2001 Over the past few years, real-estate developers rushed to put up or renovate buildings to house the high-tech equipment that would power the exploding telecommunications industry. These so-called telecom hotels-windowless buildings with reinforced floors, super electrical feeds and wiring to the max-sprungRead More »
Source: Real Estate Alert June 13, 2001 T- Rex Capital, an investment firm headed by former Starwood Financial executive Thomas M Mulroy, is looking to raise $250 million of equity for an opportunity fund that will invest in properties and mezzanine debt. The vehicle will target properties valued at $50 million to $100 million thatRead More »