Morgan Stanley’s MSREF: Biggest Loss of Private Equity Real Estate?

Biggest loss in history of private equity real estate investing? What has been going on at Morgan Stanley?

Morgan Stanley Building
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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?

Read Morgan Stanley Property Fund Faces $5.4 Billion Loss

What does all of this have to do with us?

It all goes back to fundamentals.  Were the real estate deals just too complex?

Morgan Stanley Loses $5.4B in Real Estate Fund – Biggest Loss in …

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 …

Jingle mail spreads to Wall Street property funds | John Gapper’s …

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 …

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