Category: Private Equity
Dallas firm expects to hand back keys to 19 hotels – Dallas Morning News
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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Profit From America’s Healthcare Bloat – WSJ
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
Amazon to Buy One Medical for $3.9 Billion in Healthcare Deal – WSJ
Amazon recently announced the acquisition of One Medical for $3.9 Billion. La Gorce is actively working on a deal with a similar philosophy as One Medical and our team is happy to see a supporting transaction in the market. This overview from the Wall Street Journal gives some great insight into the transaction. Continue Reading