(Opalesque) Colony Northstar executives Paul Fuhrman, Jae Yi and Perry Hariri have left the firm to launch Miramar Capital a Santa Monica, CA-based real estate operating and investment platform. Miramar will team with private and institutional capital sources to pursue value-add commercial real estate investments targeting infill properties in California. The new platform has closed three transactions – the most recent being a venture with Grand China Overseas Investment Management LTD (Grand China). The two firms partnered in an off-market deal for office space in Mountain View, California.
Opalesque Exclusive: Ex-Colony Northstar execs launch Miramar Capital
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