GlobeSt.com: How did the Northwestern Mutual deal come about?
Dunn: We had considered this type of investment vehicle for about a year now. At the beginning of 2007, we went through a process of going to a handful of selected, potential capital partners with the proposed structure, which is what this investment fund became. There were a handful of seriously interested parties who we went through a lot of back and forth discussions with. We had done a number of one-off deals with Northwestern in the past, so we had a comfort level with them as a partner. And in the end, we got the most favorable terms with them.
GlobeSt.com: How was the dollar figure decided?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
