Curious if anyone has any insider knowledge as to how they operate since management bought them from ING some years ago. I know that Legg Mason recently acquire majority interest, and from what I can gather they seem to be focused more on core-ish type assets. Any insight as to company culture, compensation respective to similar RE firms, etc?
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compensation and culture are similar to other equity groups that are in the institutional bracket. Think Fortress, Heitman, Walton Street, etc.. Clarion has a few funds and vehicles ranging from core to opportunistic. From my understanding each asset type will be affiliated with a different strategy.
Their industrial team are players. Do a lot of deals here in CA.
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