Investment Management - Miami, Florida, United States
Emistar Capital was founded in 2005 as a real estate asset management firm to act as a conduit for US capital sources to asset manage properties in the US only with a focus on gateway cities like Miami, Houston, Atlanta and Los Angeles. Outside of the US, Emistar Capital works on a deal by deal basis acting on the buy or sell side to help source, manage and execute acquisitions. Emistar has an extensive network of hospitality investors and hotel operators as well as leisure and entertainment companies worldwide. Among M&A deals of note in Europe, Emistar Capital acted in a co-origination and advisory capacity for Starwood Capital Group in 2005/2006 on a transaction that led to a € 2.8 billion stock offering, including Societe Du Louvre (Taittinger Holdings) with 51,000 keys within the limited-service segment, luxury Concorde Hotel Group comprising of 14 super trophy properties (Crillon, Lutétia, Martinez, etc.) and luxury goods (Taittinger Champagne, Baccarat and Annick Goutal). Emistar Capital also works with developers in providing a special assistance on the disposal and/or management of hotel and mixed-use greenfield developments, as well as portfolios or single asset. Emistar originates and structures sale and lease back transactions in Europe particularly in the senior living sector. Emistar Capital also provides Private and Public Equity services (M&A, LBO, tender offers,...) while the firm hold specific purchase or advisory mandates from various PE sources in Europe and the Middle-east to acquire commercial properties from or controlling interest in Fortune 500 companies.Since its founding, Emistar and its partners have contributed to transactions in excess of $9.5 billion.