Boca Raton, FL. April 27, 2010 — After selling the majority of its assets in 2005 and 2006 and sitting on the sidelines for the global economic collapse, T-Rex Capital Group LLC and CEO Tom Mulroy are back in the market to take advantage of the extraordinary opportunities in the depressed real estate market through acquisition and financing of select, highly-structured investments.
With key major investors on board, T-Rex Capital Group has begun to target above-average risk adjusted returns for investors through timely investments in off-market transactions, undervalued real estate, complex financial restructurings, distressed equity and debt sales, inefficiently capitalized assets, public REIT recapitalizations, strategic partnerships and other value-added opportunities.
“T-Rex will seek to invest in real estate we believe have solid market fundamentals, limited risk, high barriers to entry, significant potential for appreciation and superior risk adjusted returns,” said Tom Mulroy, CEO of T-Rex Capital Group.
Since T-Rex’s inception in 1999, CEO Tom Mulroy has acquired and invested in over 7 million square feet in the U.S. Combining Wall Street savvy and real estate expertise, Mulroy built T-Rex into a leading investor and developer of residential, commercial and government properties. Prior to founding T-Rex, Mulroy was in the Commercial Banking industry and was Senior Vice President of Investments at iStar formerly known as Starwood Financial Trust and Senior Vice President at Lazard Frères & Co.
Most recently T-Rex Capital Group completed two significant transactions in the last 60 days:
– Purchased a $35 million mezzanine debt position on a 609,000 square-foot GSA property in Washington DC.
– Purchased a B-note for a Class A 450,000 square-foot office building in Tyson’s Corner, VA.
T-Rex Capital Group, LLC (“T-Rex”) is a privately held real estate investment firm that was established in 1999 to capitalize on the inefficiencies in the United States real estate markets. T-Rex is comprised of both institutional and individual investors with key executives averaging over 25 years of experience with over $7 billion of investing and development experience. T-Rex is actively engaged in acquiring and developing properties in order to enhance their value through effective management and financial engineering.
For more information, please visit www.trexcapitalgroup.com.
Media Contact:
Glen Calder
561-750-9800 x216
gcalder@transmediagroup.com