The Carlyle Group Has Eclectic Investment Mix

Michael Stoler reports in The New York Observer that a partnership led by The Carlyle Group and Crown Acquisitions is selling part of the first and second floor retail space at 666 Broadway in New York City that it bought in 2008 for $525 million.  Valued at $6,187 per square foot, the selling price is expected to be between $600 and $700 million.  With over 1,000 global investments, including 5,000 Land Lease Community (LLC) home sites, The Carlyle Group employs 880 people in nineteen countries, and manages #97.7 billion in assets.  The 22nd Allen Report ranks Carlyle 36th largest LLC owner.

 

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