Private equity firm Siguler Guff is jumping into distressed real estate investing after hiring former Cohen & Steers chief investment officer James Corl to lead the activities.
Siguler has previously focused on debt and small buyout investments, operating both direct private equity funds and funds of funds.
Appointing Corl, Siguler said the collapse of property prices in both the public and private real estate markets would lead to “one of the most profitable real estate investing opportunities in recent history”.
