Industry News
High fuel prices, the bankruptcy filings of Aloha and ATA, and the nationwide slump in consumer confidence have slammed Hawaii's tourism industry.
Debate is heating up on the future of Fannie Mae and Freddie Mac as they struggle with heavy losses and investors continue to shy away from their debt.
Many European real-estate companies are not only disclosing weaker results but also announcing new business strategies designed to ride out the recession.
Distressed-mall buyer Feldman may have found a way to ease its own distress without declaring bankruptcy. But few, if any, investors will come out whole.
Corus said it is deferring interest payments on $405 million of junior subordinated debentures and is seeking money from the Treasury Department's $700 billion rescue fund.
Real Estate Ownership and Equity
Fairmont Capital has over 25 years experience in real estate ownership and development and is currently active in many real estate joint ventures. Fairmont Capital serves as principal, advisor, as well as syndicator for commercial real estate transactions nationwide.
Fairmont maintains an accomplished history of asset ownership and management, primarily in the office, retail and multi-family sectors. These properties are located in various locales nationwide.
Fairmont Capital has also developed a plethora of development projects in the New York Metropolitan area which has earned them the status of a quality and premier developer. These projects include, amongst others, ground up development projects of condominium buildings, tract housing, property assemblages and developments that have required substantial rezoning.
Through its network of investors and strategic partners, Fairmont Capital is a leading provider of equity capital for investment in the acquisition and/or development of property.
Should you have a project that you would like us to consider or wish to invest through us, please contact us at 877-632-4722 or at info@fairmontcap.com.