(Read more on the debt and equity markets.)
 Herrick |
When combined with leverage, the fund will have more than $1 billion in origination capability. Credit Suisse acted as exclusive financial advisor and placement agent for Fund IV.
The overwhelming response to this fund is indicative of the success of the company's investment strategy, according to Sanford Herrick, managing director of HRC, in a prepared release. "That strategy has not changed since the closing of our first two funds in 2002," he notes. "We continue to focus on middle-market opportunistic investments with appropriate risk-adjusted returns."
In the five years since its inception, HRC has experienced rapid growth, according to a company statement. This year, the firm expanded its New York City headquarters, opened a regional office in Miami as GlobeSt.com previously reported and acquired Questor LLC, a real estate consulting firm providing due diligence and underwriting services.
 Garfield |
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
