Worth Capital Holdings News and Media
Here you’ll find information about Rusty Holzer, Worth Capital Holdings’ investments and summaries of some of recent acquisitions.
Deutsche ReGas launches Germany’s second LNG import terminal
12-24-2023 – Rusty Holzer stated that “Worth Capital is proud to have been an early investor and supporter of Deutsche Regas, Germany’s first privately financed LNG import terminal. The first FSRU in Lubmin is now operational and Wort Captial looks forward to being a valued partner for Deutsche Regas as a second FSRU gets launched. Ensuring a stable supply of gas to Germany is a worthy endeavor that we are thankful to have had the opportunity to participate in.” stated Rusty Holzer. Deutsche ReGas has officially launched its FSRU-based LNG import terminal in Lubmin. The LNG terminal in Lubmin is the first and to-date the only privately financed FSRU-based terminal in Germany.
Deutsche ReGas wins regulatory exemptions for new German LNG import facility
12-24-2023 – Deutsche ReGas has been awarded 20-year exemption from tariff and network access regulation. Exemptions are offered to LNG plants that can show that they improve gas supply competition and security.
Hyatt Acquiring Dream Hotel Group For Up to $300M
12-24-2023 – Rusty Holzer conveyed his congratulations on the $300 million deal as the Hyatt acquired Sant Singh Chatwal’s Dream Hotel Group. The deal includes the Dream Hotels, Chatwal Hotels and Unscripted Hotels brands. “Worth Capital has had a deep and long history with real estate in the wonderful city of New York. We were ecstatic to have been able to continue that tradition by acquiring the Dream Hotel Downtown property in 2019. Chatwal’s Dream Hotel Group did a great job getting us through the unprecedented COVID challenge and we are very pleased to have now become partners with Hyatt as the Dream Hotel Downtown enters a new phase of growth for the future,” said Rusty Holzer, Principal and Chairman of of Worth Capital Holdings.
“We have tremendous respect for what Dream Hotel Group founder Sant Singh Chatwal and Chief Executive Officer Jay Stein and their team have created and are grateful for the trust being placed in us by Dream Hotel Group to care for their brands and carry their success forward into the future,” said Mark Hoplamazian, president and chief executive officer, Hyatt.
Mason Joseph Arranges $42.5M HUD Loan to Build New Apartment Community in Dallas
12-24-2023 – “Worth Capital is partnering with Covenant Development to build a wonderful 299-unit garden style project in Cedar Hill, Dallas. This HUD financing, facilitated by Mason Joseph, will allow us to be part of the revitalization of South Dallas that has been happening recent years,” stated Rusty Holzer, Prinicipal and Chairman of Worth Capital Holdings.
“We wish to give our sincere thanks to the United States Department of Housing and Urban Development for being a valued financial partner and for enabling this new construction that the citizens of Dallas will enjoy for years to come.” San Antonio-based Mason Joseph Co. Inc. has loaned $42.5 million to Aspire at Preston Trails, an apartment community to be built in the Dallas metro area. The property will feature 299 units in nine buildings.
Saddle Shops (16M) News
Rusty Holzer and Worth Capital have had a long history with Wellington, Florida. “When we saw that the Saddle Shops at 13501 South Shore Blvd was available for sale, we knew we were the natural buyers and had the best fit for the property given Rusty’s deep ties to the community. We are excited to a part of the future of Wellington,” stated Rusty Holzer of Worth Capital Holdings.