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Fortress Announces Integration Of Litigation Finance Firm Into Its Legal Assets Business - Corporate/Commercial Law

Following its late 2019 acquisition of Vannin Capital, Fortress Investment Group LLC has announced that the operations of the UK-based litigation funder—including a number of its employees.

LBX Investments buys Evergreen Plaza shopping center from Lormax Stern, Fortress

LBX Investments buys Evergreen Plaza shopping center from Lormax Stern, Fortress
chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.

Cabela s store building in Richfield sold for $36 9 million

The Cabela s store building in Richfield has been sold to a Colorado investment firm for $36.9 million, according to state records. The store is located at 1 Cabela Way, and opened about 15 years ago. The property was sold to an affiliate of Louisville, Colorado-based Real Capital Solutions. The seller is an affiliate of New York-based Fortress Investment Group LLC. RCS did not immediately respond to a request for comment. The property that RCS acquired includes the Cabela s building and the site of roughly 33 acres. The property is assessed at $18 million, with an estimated fair market value of $20.3 million, according to village records.

Manager chosen for Frenchman s Reef and Noni Beach on St Thomas: Travel Weekly

| Frenchman’s Reef Marriott Resort & Spa, pictured, and Noni Beach, Autograph Collection have both been closed since Hurricane Irma hit the island in 2017. They ll reopen next year. Texas-based Aimbridge Hospitality, a global hotel management company, will manage the Frenchman s Reef Marriott Resort & Spa and Noni Beach, Autograph Collection in St. Thomas, which are slated to reopen in the fall of 2022 after a $250 million rebuild. The property was recently purchased by New York-based Fortress Investment Group, which has retained Aimbridge as the management company. Fortress will spearhead the rebuild and reopening efforts. With 384 rooms, including 28 suites at Frenchman s Reef and 94 rooms including two suites at the adjacent Noni Beach (formerly Morning Star Marriott Beach Resort), the property is the largest on St. Thomas.

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