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Billionaire Sam Zell, Colony Capital Back Houston Energy Venture

Two Big Real Estate Names Plan to Capitalize on Energy Woes
Billionare Sam Zell's Equity Investment Group is partnering with Los Angeles real estate investment firm Colony Capital to form a new energy-focused joint venture. (Getty Images)
Billionare Sam Zell's Equity Investment Group is partnering with Los Angeles real estate investment firm Colony Capital to form a new energy-focused joint venture. (Getty Images)
CoStar News
September 16, 2019 | 1:28 P.M.

An energy-focused firm backed by billionaire Sam Zell and real estate investment firm Colony Capital has set up shop in Houston, which is known as the energy capital of the world.

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