Commercial investors find new ways to pony up

With credit drying up for commercial investors, companies that have
raised their own funds – like Savanna Partners and Taconic Investment
Partners – are faring better than the rest of the field. Other property
investors, like the Related Companies, are seeking cash flow from
international sources. Joint ventures between investors and
institutions may also become more popular, like the one between
Silverstein Properties and the California State Teachers’ Retirement
System to buy 1177 Sixth Ave.