Replies to post #10057 on Corus Bankshares Inc. (fka CORSQ)

[hang ten]

Glickman's gamble may one day pay off..

for ST Residential and the FDIC...


http://stresidential.com/our-company/company-profile
COMPANY PROFILE
Big time investors, a powerful partner and a plan.

From the Ground Up
In 2009, the Federal Deposit Insurance Corp. (FDIC) took control of Corus Bank in Chicago. The FDIC sought a partner with a sound plan and the expertise to put it into action. They chose ST for this one-of-a-kind deal.

ST is the managing member of a public-private partnership between the FDIC and a group of esteemed private equity investors, including Starwood Capital, TPG, Perry Capital and WLR LeFrak. Our handpicked leadership brings the greatest combination of industry experience and resources, offering buyers confidence and the highest standards of design aesthetic and quality.

We're using our unique strengths and expertise to manage our properties with an unmatched attention to detail while also enhancing them with amenities and services uniquely suited for the communities they serve. Current and future owners can rest assured that ST is the standard-bearer for luxury condominiums.