Ashford Hospitality Trust Inc. plans to return 19 hotels to lenders, declining to pour more cash into the properties. These properties are part of a $982MM mortgage pool that missed a repayment deadline in June 2023. La Gorce Capital has been following these real estate trends and seeks out opportunistic opportunities in these tumultuous markets. Please click the link below to read more.
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Check out this PDF from McKinsey which covers many of the issues and coming change in our current healthcare market. La Gorce Capital, through our portfolio company, Velocity Growth Companies, aims to address many of these issues and create a more efficient, patient-centric healthcare system.
The Wall Street Journal recently published an article highlighting the differences and difficulties with the U.S. Healthcare market. The report specifically highlights several companies, including Privia Health, which is a direct public market comparable to one of La Gorce’s ongoing deals, Velocity Growth Companies. With the recent announcement of Amazon’s acquisition of One Medical and the similar announcement that CVS is purchasing Signify Health, we continue to see market validation for our investment strategy. Continue Reading