“What’s the latest?” read the text that popped up on Nir Meir’s phone one Thursday afternoon in July. “Running out of time.” The message to the HFZ Capital Group managing principal was from Adam Gibbons, an executive at CIM Group. The lender was awaiting an overdue payment on $90 million of mezzanine debt it holds on four prewar Manhattan apartment buildings HFZ is converting to condominiums. “On it,” Meir wrote… [more]
The definitive guide to the Compass C-Suite
As it prepares for what would be one of the most anticipated IPOs of a residential firm in years, Compass has overhauled its C-suite and reorganized key departments. The firm has 18,000 agents (who...
