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On December 20, 2021, DigitalBridge sold the bulk of its Other Equity & Debt of real estate assets to Fortress Investment Group, LLC. The total net value realized from the sale is $506.8 million, including $443.4 million received at closing, $31.2 million of net cash for asset monetizations between the sale and close, and $32.2 million of future payments.
Barrack used Cayman Islands entities to invest pension fund money in distressed real estate and send money towards the Colony parent company, according to an organization chart that surfaced in the Paradise Papers documents leaked from the Appleby law firm [35] Barrack is a trustee at the University of Southern California. [36]
Colony Capital's share price has tumbled 20% to trade at $4.78 since Barrack, the executive chairman, was named to the additional post of CEO a year ago. Activist investor seeks to oust Trump ...
As the investigation of the alleged coordination between Donald Trump’s presidential campaign and Russia during the 2016 election continues to unfold at a glacial pace, another development has ...
Tom Barrack, the founder and former CEO of Colony Capital and longtime advisor to Donald Trump, was released on Friday on a whopping $250 million bond, three days after being arrested on charges ...
Rebuilding America Now was founded in June 2016 by Paul John Manafort, Jr. and Tom Barrack, a real-estate investor and long-time friend of Trump. Manafort tapped Laurance "Laury" Gay, godfather to one of Manafort's daughters, and Ken McKay for senior roles with the Super PAC upon its founding.
NEW YORK (Reuters) -There was "nothing nefarious" about former private equity executive Tom Barrack's ties with United Arab Emirates officials, Barrack's defense lawyer said in closing arguments ...
The parishes of Jamaica are the main units of local government in Jamaica. They were created following the English settlement of Jamaica in 1655. This administrative structure for the Colony of Jamaica developed slowly. However, since 1 May 1867, Jamaica has been divided into the current fourteen parishes. These were retained after independence ...