Search
 

Whiteweld, Barrister & Nissho Iwai Forge Alliance

NEW YORK CITY-"Strategic alliance" seems to be the phrase of the hour--and no, we're not talking about "Survivor." Nissho Iwai and Whiteweld, Barrister & Brown have come together in a cooperative spirit.

By Betsy Kraat | Updated on April 24, 2001

NEW YORK CITY-The real estate division of Nissho Iwai American Corp. and the investment banking firm of Whiteweld, Barrister & Brown, both headquartered here, have forged a strategic alliance seeking co-investment opportunities in markets throughout the US. NIAC is the US subsidiary of Nissho Iwai Corp., a publicly held integrated global trading company.

The alliance sprang from the strong relationship between the two companies over many years. John Gallo Sr., president and CFO of WB&B, tells GlobeSt.com that Nissho Iwai was originally one of their mezzanine lenders, “but the relationship worked out so well that soon we were looking for co-investment opportunities,” he says. “Nissho Iwai looked to us for an alliance not only because of our financial capacity to co-invest, but because of our related affiliates in the development business.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.