Biggest loss in history of private equity real estate investing?
Morgan Stanley’s loss of 2/3 of $8.8 billion real estate fund may be setting a very dismal record.
Their Morgan Stanley Real Estate Fund, or “Msref” as it is nicknamed, is basically on life support and needs reviving- stat, according to reports.
Can Owen Thomas, the new doctor, pull it off?
What does all of this have to do with us?
It all goes back to fundamentals. Were the real estate deals just too complex?
Losses at a Morgan Stanley real-estate fund could wipe out nearly two-thirds of its $8.8 billion investments. It likely will rate as the biggest dollar loss in the history of private-equity property funds. Morgan Stanley said to take …
The FT this week reported two cases of international property funds run by big investment banks – Morgan Stanley and Goldman Sachs – getting into trouble. Henny Sender has details of a Goldman-managed fund that has lost almost all of …