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3 days ago · About John Goff. John Goff made a fortune selling his Crescent Real Estate to Morgan Stanley for $6.5 billion in 2007, just before the financial crisis. With Barclays Plc., Goff bought it...
- ‘Like Catching A Falling Knife’
- On A Development Tear
- A Life-Changing Relationship with Investor Richard Rainwater
- Betting Big on Luxury Wellness with Canyon Ranch
- Deal of The Year: The Crescent
Much of Goff’s success through the years has been due to his willingness to trust his gut and take risks. His first real estate deal was with Caroline Rose Hunt, who was looking to recapitalize her Uptown development, The Crescent. After that 50-50 partnership, Goff made additional buys, focusing exclusively on Class A buildings. He also began to b...
When it comes to choosing where to place his bets, Goff says he likes to find things that “everyone else hates. ” That means buying when things are oversold and undervalued. The risks are enormous, but Goff has demonstrated over and again a willingness to tolerate them. When he acquired The Crescent from Rose Hunt, he also bought the acreage that s...
Goff moved to Fort Worth in the early 1980s and took a job with what’s now KPMG. That’s where he met Richard Rainwater, who was chief investment officer for the Bass family. When Rainwater left the Basses to pursue his own interests, he asked Goff to join him. “It was absolutely life-changing,” Goff says. “Our relationship over the years was everyt...
Goff took a stake in Canyon Ranch in the late 1990s. In 2017, he acquired the luxury resort and wellness brand from Mel Zuckerman, who founded the company 40 years ago. “The brand is more relevant now than it ever has been because wellness is more relevant today than ever,” Goff says. I think we have a real responsibility to take what is a great fo...
Goff’s March 2021 acquisition of The Crescent marks the third time he has owned the iconic Uptown property. He reportedly paid a record $700 million for the asset. Along with 1.1 million square feet of office space, it includes Hotel Crescent Court, 11 restaurants, upscale shopping, and more. It was one of the most expensive projects ever built in ...
- Christine Perez
John C. Goff is a private investor based in Fort Worth, Texas. John invests in a variety of public and private industries, through his family office, Goff Capital, which he founded in 2009.
John Goff is a visual kind of guy. The chairman and CEO of Crescent Real Estate Holdings likes to see things—and put things—in writing. And he appreciates the “look” of...
- Christine Perez
John C. Goff is an investor based in Fort Worth, Texas. His family office, Goff Capital, invests across multiple sectors including wellness, aerospace, energy, gaming, entertainment, and real estate. Among his holdings are Canyon Ranch – the world’s recognized leader in health and wellness, and Crescent Energy (NYSE:CRGY), where he serves ...
Jun 8, 2021 · Today Goff announced his biggest oil deal yet—a $5.7 billion all-stock merger between Contango and Independence Energy, owned by private equity giant KKR KKR -1.1%. The new Contango will produce...
Oct 13, 2018 · As vice chairman and CEO, Goff orchestrated acquisitions that led to Crescent’s initial public offering worth more than $500 million that year. In 1998, Goff founded Goff Capital Partners, a private equity firm that invested in real estate debt and equity.
