Home » Middle East Private Equity »

|| Middle East private equity firm Ritz Banc has big plans for US real estate in DC

rbg-full.jpgRitz Banc Group, a private equity firm based in Washington DC and backed by Middle East investors, has acquired a two-building office portfolio in Washington DC and is on the hunt for other deals in the region - The Washington Business Journal is reporting.

Ritz Banc Group is co-founded by Nasr El Hage Jr and is backed by investors from family offices in Saudi Arabia, Qatar and Lebanon. (The sale price is not disclosed but an affiliate of the firm seems to be listed in public records as buyer of one of the buildings for $18.3 million a couple of days ago).

To see listing and contact emails of investors and family offices from the Middle East, check our 2014 edition of Middle East Investors Directory

More details in The Washington Business Journal here

Profile of Mr. Nasr El Hage Jnr | Co-Founder and Managing Director
Ritz Banc | United States

Source: http://www.terrapinn.com/conference/private-equity-world-middle-east/speaker-nasr-ELHAGEJNR.stm

Mr. El Hage is a seasoned successful entrepreneur, the Co-Founder and Managing Director of Ritz Banc, a private equity firm headquartered in Washington D.C. with focus on international capital. Mr. EL Hage has intensive experience in all aspects of real estate investment transactions mainly in the office and multifamily asset classes. His knowledge includes sourcing investment opportunities, underwriting assets, managing risks and disposition strategies. He also plays a central role in industry research, capital markets and investor relations. Prior to founding Ritz Banc, Mr. EL Hage was a Valuation Risk Analytics Manager at Freddie Mac managing an $ 85 billion portfolio of multifamily fixed income assets and Commercial Mortgage Backed Securities (CMBS). Mr. El Hage also held various consulting positions at BearingPoint (now Deloitte), Deutsche Bank and the World Bank. Mr. EL Hage holds a Bachelor of Science in Economics from George Mason University and a Masters Degree in Applied Economics from Johns Hopkins University. He is also a member of the Arab Bankers Association of North America (ABANA) and The Professional Risk Managers' International Association (PRMIA). Mr. El Hage is fluent in English, French and Arabic. He resides in Washington D.C.

Previous Post: UAE family office to finance $120 million hotel project in Antigua
Next Post: Qatar investors to buy InterContinental Paris Le Grand for $442 million

More from Middle East Private Equity ...

  Arab investors of AGC to invest $322 million in a luxury Greek resort (December 2016)

  Two Middle East private equity firms closed funds at over $1 billion capital (October 2014)

  Middle East private equity firm Ritz Banc has big plans for US real estate in DC (August 2014)

  Middle East private equity firm Foursan invested in 3 new firms (May 2014)

  Middle East investor eye National Basketball Association franchises (January 2014)

  Middle East investors buying farmland in Canada, US and Mexico (January 2014)

  Middle East investors backing a new Hungarian airline (August 2013)

  Middle East private equity firm Investcorp acquires UK crisp maker for $152 million (August 2013)

  MENA Infrastructure Fund acquired 20% of Sohar Power Company (June 2013)

  Saudi private equity firm invested $45 million in 10 global companies (November 2012)

|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.

|| Subscribe

Copyright 2007-2017 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter