Carlton Spain Closes Investment Sale of Historic Madrid Asset
September 1, 2017
Carlton Chairman Howard L. Michaels is pleased to announce the Carlton Group has successfully closed another transaction in Spain, consisting of the sale of an historic asset in the heart of Madrid, Spain. Javier Beltran, Carlton’s Head of Europe, acted as the exclusive financial and real estate advisor to one of the most reputed global real estate institutional investors.
Originally built in the early 1900’s, this 4,000+ square meter property (43k sf) is located near Gran Via Street and Puerta del Sol and will be repositioned for residential or hospitality. The buyer was a private real estate institutional investor.
This transaction represents another successful closing by Carlton Europe, underpinning our position as the highest value-added and most reliable advisor for our clients in relation to investment sales and debt and equity financing for Spain and Northern Europe.
Carlton Group, the prestigious real estate investment banking firm headquartered in New York, has successfully closed deals for a total consideration of over $126 billion since 1991.
In sum, Carlton Group Spain provides its clients with tremendous transactional expertise with one of the best international balance-sheet investor rolodexes and an ability to creatively structure transactions which are highly beneficial to Carlton’s clients.
Please contact us to schedule a meeting and discuss your investment sales and large debt and equity needs.
Howard L. Michaels
Head of Europe
+34 91 290-3211
About The Carlton Group
Founded in 1991, The Carlton Group is an international real estate investment banking firm that specializes in arranging equity partnerships and executing large, complex, often multi-tranche equity and debt transactions for large development and trophy assets.
The firm has offices throughout the United States and Europe and has consummated well in excess of $125 billion of closed transactions for its high-profile roster of clients. The Carlton Group also executes an aggressive international advisory platform which is currently executing well over three billion dollars of equity, debt and investment sale advisory business throughout Europe. Carlton’s expertise includes arranging passive promotable equity, typically raising 90-95% of the equity to facilitate client transactions. Carlton is also an active principal investor and, under Carlton Strategic Ventures, owns and manages in excess of 3 million square feet of commercial, residential and retail property.