distress: Tonight's Keynote Speaker Joins Starwood Capital's Team
- 03/23/10 02:16 AM
Jonathan M. Pertchik, the former chief restructuring officer for luxury condo developer WCI Communities which built several South Florida towers before seeking bankruptcy protection for a time, will have plenty to discuss as the keynote speaker at tonight's Condo Vultures® seminar. Pertchik has just been named the chief operating officer for the newly created residential division of Starwood Capital, which last fall beat out several bidders for the $3 billion portfolio of the failed condo construction financier Corus Bank. Starwood Capital acquired the failed Chicago bank's portfolio in a complex deal that allows the Federal Deposit Insurance Corp. - the appointed receiver (0 comments)
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