Stark Enterprises, a commercial real estate developer in Cleveland, has formed a capital-markets division to provide equity and debt financing and related services.
Stark Capital Group will also offer principal acquisitions and asset management to the commercial real estate field.
Stark "has the unique ability to structure complex transactions, and is consistently able to secure the most favorable terms available through a variety of institutional and private capital sources," Ezra Stark, chief operating officer, said in a
Stark's partners include private equity firms, insurance companies, pension funds, opportunity funds and family offices. The new capital group will support Stark Enterprises' own portfolio expansion.
Stark's new group will focus on ground-up development and redevelopment, recapitalizing existing assets and acquiring income-producing properties.
