Kyle Bass to Acquire 50% of the Assets of Fiamma Partners

Kyle Bass | July 27, 2020

DALLAS - Kyle Bass, Founder and Chief Investment Officer of Hayman Capital Management, has acquired a 50% equity stake in four real estate development and management companies owned by Frank Zaccanelli. Bass’ company, Mossad Bass, LLC, acquired 50% of Fiamma Partners, Fiamma Management, and Fiamma Statler, which have ownership interests in The Statler Hotel in Downtown Dallas. Bass also acquired 50% of the Zaccanelli-held company FZ WLRW, which owns part of the Entrada development in Westlake, Texas and the Riverwalk at Central Park development in Flower Mound, Texas. The deal will enhance the go-forward strategy of Zaccanelli’s...