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Globe Street: Rossyln Portfolio C-Note Moves at Discount
06/17/2008 - ROSSLYN, VA-A New York City-based real estate investment and development fund has acquired a $157.7 million C-Note on the senior mortgage of a 1.4-million-sf class A office portfolio here owned by Monday Properties. The firm, Savanna, purchased the note at a substantial discount to par value from a Wall Street investment bank that wanted to move the assets off of its balance sheet. Read article »

The Star Ledger: Opportunity funds convert trouble into treasure
04/30/2008 - These are the times when high anxiety becomes a commodity. Although many in the commercial real estate business are either sitting on their hands or trying to stave off insolvency, there are those who welcome the current economic crisis. Read article »

Northeast Real Estate Business: Interest in Stewart International Airport Grows
04/01/2008 - In November 2007, the Port Authority of New York and New Jersey signed a 93-year lease for the Stewart International Airport in Newburgh, New York. Over the next 10 years, the Port Authority is expected to invest $500 million to upgrade the airport. In addition, the New York State Department of Transportation recently completed a $55 million project to improve road access at the Stewart Airport. All of these recent announcements have made the area extremely attractive to industrial developers and prospective tenants. Matrix Development Group and Savanna Investment Management both recently acquired property in the area to take advantage of the strategic access to the airport and the improved road systems. Read article »

Globe Street: JV Sells CT Property for Record Price
02/07/2008 - BRISTOL, CT-Savanna Investment Management LLC and Hudson Realty Capital, both of New York City, have sold the 1.3-million Bristol Business Center industrial/warehouse/distribution complex here to a New York City-based investor for $60.5 million. Those knowledgeable about the deal, say the purchase is the largest real estate transaction ever in Bristol. Read article »

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More About Savanna

Who We Are
Savanna is a real estate investment and development firm that focuses on opportunistic investment strategies targeting superior risk-adjusted returns on behalf of its institutional investors.

Investment Strategies
Savanna employs opportunistic strategies to invest in middle market real estate assets of the primary asset types including office, retail, residential, and industrial.

Our Team
Savanna's team has a broad base of experience and expertise in valuation, financial analysis, deal sourcing and structuring, property acquisition and disposition strategy, design, development, redevelopment, asset management, accounting, and leasing.

Partners & Lenders
Savanna has invested on behalf of, and in partnership with, many of the premier institutional real estate private equity funds, REITS, and hedge funds active in the United States.