Does anyone have any insights into Savanna Fund in NYC? If theyre well known in the city, comp, culture, exposure, etc
Saw an old forum but lot of the comments were edit'ed/nuked.
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Think they did well with their first fund (20%+ IRR), but got destroyed on this second fund (-20% IRR) and I think lost buildings. Type their name into the real deal, I've regarded them as smart and I'm sure good experience working there but from what I saw in an article a few months ago seemed they did very well on value add office then got crushed.
Some of the assets I thought why would they ever buy that (guess it was fees), an example is a Harlem office building I think they recently lost. Would be surprised if they're seriously hiring right now, but good name and smart people.
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