Management buyout at Ober-Haus

Oberschneider, along with other managers and employees of the agency, acquired the shares of Ober-Haus from controlling shareholder, Apollo Real Estate Investment Fund III, L.P. The management buyout transaction was financed through a private placement of notes arranged by Parex Bank of Latvia and from equity provided by Oberschneider and managers.

The decision to purchase the agency was based on the combination of right market conditions at a time when Apollo's investment had matures, and the availability of resources needed to make the deal successful.